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Fulcrum: a high stakes way to borrow and lend ETH – Decrypt

Fulcrum: a high stakes way to borrow and lend ETH – Decrypt

It’s been a horrible or exciting week-depending on whom you ask-for DeFi. No one had it more than the team at bZx network, the group behind DeFi margin-lending and borrowing platform, Fulcrum. On February 14, Valentine’s Day, a hacker/trader (depending, again, on whom you ask) managed to create a transaction that earned them a roughly $350,000 profit at the expense of Fulcrum users.







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