Category: leverage

‘Big Short’ Investor Michael Burry Warns Of ‘Mother Of All Crashes’ — Says Crypto’s Problem Is Leverage

Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of “the mother of all crashes.” He further explained that the problem with cryptocurrency is the…

Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects For $6 Million

There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming platform…

Crypto Prices Consolidate, Analysts Blame Bitcoin Market Rout On ‘Overleveraged Positions’

Digital currency markets have been consolidating after taking some heavy losses during the last few days. Billions of dollars have jumped back into the crypto economy on Thursday, as the…