Goldfinch Africa lending dream ends in defaults and 99.8% token crash
Goldfinch was supposed to use crypto and decentralization to distribute loans to creditworthy borrowers in developing markets like Africa.
Goldfinch was supposed to use crypto and decentralization to distribute loans to creditworthy borrowers in developing markets like Africa.
The crypto community has voiced suspicions over what Humanity claims was a single compromised laptop which led to two compromised multisigs.
Blackstone capped withdrawals, crypto proxies are losing market cap, and stocks of private credit companies are cratering.
Tuesday saw four separate hacks, with over $5M stolen. Two more incidents took place the day before, but with minimal losses.
The new AP watchmaker collaboration with Swatch has left the once-prestigious status symbols of crypto bros in shambles.