It’s surprising that this isn’t bigger news. $67 million owed to clients and Cred is in bankruptcy. I feel terrible for the people that had their money/ crypto assets there (I was planning to invest last week but noticed funds were frozen. Yikes).
I’m worried this could happen with other platforms. I know... not your keys... but the potential of these defi platforms for mass adoption and outperforming banks is so enticing.
Submitted November 09, 2020 at 11:34AM by BlueVBK https://ift.tt/36kpQXF https://ift.tt/2Z7cX2s
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