Posted 1/24/2024, 8:51:06 AM
Concerns Grow Over DeFi Risks and Crypto Bankruptcies As Stablecoins Falter, Exchanges Vow Compensation, and Miners Reorganize
- Liquid restaking tokens have grown to over $600 million in TVL, raising concerns in the Ethereum community about risks
- Terraform Labs, company behind $60B Terra USD stablecoin failure, has filed for bankruptcy
- OKX crypto exchange promises to compensate users impacted by 50% drop in OKB token value
- Core Scientific bitcoin mining company returns to Nasdaq after bankruptcy restructuring
- Colorado pastor facing lawsuit for allegedly selling worthless crypto and pocketing $1.3 million