Solend (SLND) founder 0xrooter has described FTX founder Sam Bankman-Fried as a “profit maxi” who wants to “profit at all costs.” SBF is a profit maxi: profit at all costs — 🙏🚫 Rooter (hiring!) (@0xrooter) October 24, 2022 According to Rooter, a company’s action reflects its founder’s personality. While he has never had any personal…
Solana-based DeFi protocol, Nirvana Finance lost $3.5 million to a flash loan attack on July 28. 1/ 🚨 On 28 July, adaptive yield protocol @nirvana_fi was exploited for $3.49M, forcing the protocol’s $ANA token price to collapse over 85%. The SolanaFM team broke down the key movements involved during the exploit. 👇 Nirvana Hacker Account:https://t.co/Zsde5MdW0j…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Solana-based DeFi protocol Solend has initiated a new proposal to limit the borrowing on the platform to $50 million per account; this is its third proposal in the last few days as it grapples with liquidity issues. The protocol is looking…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Solana-based decentralized finance protocol Solend backtracked on its initial proposal to take over a whale’s wallet by allowing users to vote on whether it should proceed or find another solution. The decision was made after the crypto community extensively criticized its…