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Crypto Credit System Under Fire After Market Sell-Off

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A blown-open Coinbase vault lets molten crypto tokens escape in a swirling red vortex.

The sudden drop in bitcoin and Ethereum triggered a series of historic liquidations on Coinbase, exposing a major vulnerability in crypto lending. Within hours, millions of dollars in collateralized loans were wiped out, revealing the limits of a system designed to withstand shocks. This new episode of tension, far from anecdotal, calls into question the robustness of financing mechanisms backed by cryptos.

L’article Crypto Credit System Under Fire After Market Sell-Off est apparu en premier sur Cointribune.

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