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Latest Crypto News: Russia Considers Cryptos For Cross-Border Transactions; Level Finance Robbed of $1M Tokens - Vimarsana News

Latest Crypto News: Russia Considers Cryptos For Cross-Border Transactions; Level Finance Robbed of $1M Tokens

Here are major developments in the crypto space over the past few days.

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Binance Smart Chain Faces yet Another Flash Loan Attack: Belt Finance Loses $6.3 Million – Bitcoin News - Vimarsana News

Binance Smart Chain Faces yet Another Flash Loan Attack: Belt Finance Loses $6.3 Million – Bitcoin News

Belt Finance, a Binance Smart Chain based decentralized loan and borrowing protocol, has lost $6.3 million in a flash loan attack last week.

BSC-based DeFi project Meerkat loses $31m after launch - Vimarsana News

BSC-based DeFi project Meerkat loses $31m after launch

Losing money while trading cryptocurrencies is nothing surprising or new, and every trader learns that sooner, rather than later. However, for a project to lose $31 million worth of crypto a day after launch is scandalous, at best. This is exactly what happened to a DeFi project called Meerkat Finance, which recently launched on Binance […]

Source: invezz.com