Checking the math on Lava’s ‘millions’ in user savings
BTC-backed lender Lava claims to have saved users millions by refinancing loans at better rates — but the math is difficult to believe.
Bitcoin24h
$85,120.71+0.55%
Ethereum24h
$2,698.78+0.49%
BNB24h
$791.15+3.12%
XRP24h
$1.50+0.76%
Solana24h
$120.86+1.28%
TRON24h
$0.3351-0.13%
Hyperliquid24h
$90.27+2.71%
Zcash24h
$1,319.48+0.15%
Dogecoin24h
$0.0932+0.47%
Chainlink24h
$14.06+0.62%
Who really controls Lava’s bitcoin collateral?
Lava claimed to be a BTC-focused lender with competitive interest rates, but it’s facing a flurry of social media backlash.
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Abracadabra blames hacks for shutdown amid ‘looting’ claims—by Protos Staff
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MongoDB CEO quits to join Meta, stock crashes $6 billion behind him—by Protos Staff
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Compound Foundation accused of ‘misappropriating’ DAO funds—by Protos Staff
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River has sued Blockstream Services Canada over bitcoin mining services—by Protos Staff
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THORChain refuses to block Bitget funds, despite pausing after own hack—by Protos Staff
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Are US Treasuries now a better investment than rental property?—by Protos Staff
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HTX’s proof of reserves doesn’t match its blockchain balances—by Protos Staff
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FTX and Alameda Research still causing the effective altruists problems—by Protos Staff
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Strategy paid $100M extra to buy back the bitcoin it sold—by Protos Staff
