A number of services on tokenized margin trading and lending platform bZx–the seventh-largest DeFi platform on the Ethereum network by Total Value Locked (TVL)–were temporarily frozen this weekend after a user was reportedly able to exploit “flash lending” on the company’s Fulcrum platform to the tune of an estimated $350,000, roughly 2 percent of the platform’s assets under management.
Fulcrum has been taken down for maintenance. Details to follow.
— bZx (@bzxHQ) February 15, 2020
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