lending

Loopscale Hack: $5.8M Lost, Lending Paused. What's Next?

Loopscale Hack: $5.8M Lost, Lending Paused. What's Next?

On April 26th, the Solana DeFi protocol Loopscale was hacked for over $3 million. This breach resulted in a loss of approximately $5.8 million in NFTs. Unfortunately, this exploit has directly impacted Loopscale users. It has led to some much-needed conversations around security and risk management practices within the burgeoning...
Solana DeFi Protocol Loopscale Halts Lending After $5.8M Exploit

Solana DeFi Protocol Loopscale Halts Lending After $5.8M Exploit

The token is not related to Loopscale, a decentralized finance (DeFi) lending protocol on Solana which paused its lending markets after a $5.8 million exploit. It’s official — the platform that could change everything for cities and states today launched, after a six-month closed beta. It has already pulled in...
Cardano Killer? This Crypto's Lending Innovation Changes Everything

Cardano Killer? This Crypto's Lending Innovation Changes Everything

Is Cardano about to be disrupted? We all know Cardano. It was going to be everything Ethereum wasn’t – academic, proven, scalable, the anti-Ethereum. Let’s not kid ourselves; that progress has been on a pace that makes ice melt – glacial. One upstart borne of the Ordinals craze, Mutuum Finance...
DeFi Lending Soars 959%! Is CeFi Still Stuck in FTX's Shadow?

DeFi Lending Soars 959%! Is CeFi Still Stuck in FTX's Shadow?

The field of crypto finance is ever-evolving. This past year has illustrated the striking contrast between the promise and innovation of decentralized finance (DeFi) and the collapse of centralized finance (CeFi). DeFi lending is experiencing explosive growth. By comparison, CeFi is struggling to recover from the aftermath of unfortunate failures,...
DeFi's Next Level: 4 Projects Redefining Lending, Staking & More

DeFi's Next Level: 4 Projects Redefining Lending, Staking & More

Join us on MetaBlock X — your competitive intelligence in the crypto wild west. MetaBlockX.com prepares you with superior, precision-driven price analysis and real-time Bitcoin notifications. Beyond advanced staking analytics and cutting-edge security recommendations, it arms you with insights that allow you to embrace the digital asset economy with confidence....
DeFi Lending Soars: Why It's Crushing CeFi in the Crypto Recovery

DeFi Lending Soars: Why It's Crushing CeFi in the Crypto Recovery

The crypto landscape though has changed immensely since that post-recovery uptick. It’s obvious that Decentralized Finance (DeFi) lending platforms are crushing their Centralized Finance (CeFi) competitors. This new resurgence is a testament to the incredible super powers of DeFi. Its resilience, transparency, and decentralization make it an attractive option for...
DeFi's 959% Lending Surge Proves Crypto's Future is Decentralized

DeFi's 959% Lending Surge Proves Crypto's Future is Decentralized

Let me tell you about Sarah. Or her own single mom, busting her butt, one day hoping to have her own cupcake shop. But the bank? They told her to get lost. "No collateral," they said. "Too risky." Sarah was heartbroken, her dream yet again snuffed out by the impersonal,...
3 Reasons DeFi's Lending Surge Signals a Crypto Paradigm Shift

3 Reasons DeFi's Lending Surge Signals a Crypto Paradigm Shift

The crypto lending market resurgence is real, without a doubt. Galaxy's recent report highlights this recovery, but the real story isn't just the comeback. It's who is leading the charge. CeFi is alive and kicking, you may say, up 73% in outstanding loans from its lows. Let’s face it—the scars...
DeFi Lending Soars as CeFi Struggles to Recover Post-Bear Market

DeFi Lending Soars as CeFi Struggles to Recover Post-Bear Market

It’s a sea change for the cryptocurrency lending landscape. Decentralized finance (DeFi) platforms have officially taken the lead over centralized or CeFi platforms as the crypto market continues to come alive after the unprecedented bear phase. A recent report by Galaxy Digital highlights this divergence, revealing that while DeFi lending...
CeFi Lending Concentrated Among Tether, Galaxy, and Ledn as DeFi Gains Market Share

CeFi Lending Concentrated Among Tether, Galaxy, and Ledn as DeFi Gains Market Share

Tether, Galaxy, and Ledn are the leaders in centralized finance (CeFi) crypto lending. Combined, they will collectively administer an astounding $9.9 billion in loans outstanding by the end of 2024. This measures up to almost 90% of the whole CeFi market. Decentralized finance (DeFi) platforms are quickly becoming one of...