OKX Exchange plans to compensate users after a 48% flash crash in its token (OKB), wiping out $6.5 billion. The crash, linked to GBTC's Bitcoin sale and FTX's large GBTC ETF shares liquidation, highlights market volatility. OKX, focusing on regulatory compliance, faces challenges in the ever-fluctuating cryptocurrency landscape.
Cheng Yuan
JinseFinanceFlash loan-based attacks pose a substantial threat in the DeFi landscape, with the Euler Finance exploit alone causing losses of approximately $200 million in March.
BrianThe decentralized finance (DeFi) sector recorded massive losses in 2022.
BitcoinistHuobi Token briefly tanked below $0.40. HT managed to recover, but is still down 20% on the day.
BeincryptoPlatypusDefi’s stablecoin, Platypus USD, suddenly dropped more than 52%, and the on-chain evidence points to a flash loan exploit.
TheBlockThe attacker used a flash loan exploit on a new collateral option for a Jarvis Network pool.
BeincryptoThe popular DEX said Monday that it had closed its lending protocol QuickSwap Lend.
OthersVICTORIA, Seychelles, Aug. 23, 2022 (GLOBE NEWSWIRE) -- OKX, the world-leading cryptocurrency platform, has issued business updates for the week of August 23, 2022: OKX Earn launches Smart Gain ...
GlobenewswireETH managed a sharp rebound after falling to $950. But the ETH/USD bearish continuation setup could have it revisit it.
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