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	Saved 2026-06-24 22:11 1mo ago Published 2024-06-23 06:30 2yr ago	Don’t Miss The Floki FOMO: Social Media Sends Meme Coin On 300% Rip BNB BNB DOGE Dogecoin FLOKI Floki Inu INV Inverse Finance PENDLE Pendle SHIB Shiba Inu TON Toncoin XVS Venus	CoinGecko News
Original source text Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. With a Shiba Inu mascot and self-described rival Dogecoin, Floki is bucking recent market concerns with a boost in social media excitement and fascinating ecosystem growth. Although the larger bitcoin market is still erratic, Floki seems to be forging its own course driven by a dedicated online community and calculated development plans. Floki TA Shows Bullish Pattern Technical analysts are noting a positive chart pattern developing around Floki. Renowned crypto analyst Jonathan Carter found an increasing triangular pattern, a technical signal sometimes before a price break. This trend implies a possible increase in FLOKI’s value should it be able to surpass a critical resistance level at $0.000171. Furthermore, regular bounces back from the $0.00016500 barrier reveal great coin support, thereby providing some comfort to possible investors. #FLOKI The chart displays an ascending triangle, with strong support around $0.00016500💁‍♂️ The RSI indicates oversold, suggesting a rebound📊 If the price can hold this level, it could trigger a massive upward move🚀 pic.twitter.com/jSYNTnX7Nt — Jonathan Carter (@JohncyCrypto) June 21, 2024 Charts only show Floki’s success. Social media interaction with the meme coin has exploded remarkably. Data shows over the past six months a startling 320% increase in social interactions and a 109% surge in social dominance. This “share of voice” across channels like Twitter and Telegram points to a growing and very active community—a vital component for the long-term survival of any cryptocurrency. Expanding Utility And Value Proposition Floki is not content to be only a viral meme coin, though. The project is actively building a strong ecosystem that raises its use-fulness and value proposition. One major change is its arrival into the fast growing play-to– earn (P2E) gaming business with Valhalla, a metaverse project letting players earn FLOKI tokens through games. Blockchain technology used with gaming could attract new consumers and investors. FLOKI is currently trading at $0.00017. Chart: TradingView Potential For Token Demand Floki also brings a unique trade bot for the BNB Chain network. This bot runs on FLOKI tokens and can generate token demand by means of its fee structure, which consists in buying back FLOKI on the open market. This initiates a feedback cycle that could benefit bot users as well as FLOKI holders. Through joint ventures with websites like Inverse Finance and Venus Protocol, users can stake their FLOKI tokens and borrow other large cryptocurrencies. This feature appeals to a bigger audience and provides the token more worth. Floki is running concentrated efforts in Turkey, Vietnam, and Nigeria among other countries and is getting ready for worldwide marketing. Working with sports teams like Cádiz CF can help to improve brand exposure and loyalty. These projects might considerably expand Floki’s scope and user base. Featured image from X/@wowdogethedog, chart from TradingView Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
	Saved 2026-06-24 22:11 1mo ago Published 2025-07-28 22:36 11mo ago	Inverse Finance snags $2.6m from DeFi investors to plug bad debt hole INV Inverse Finance	CoinGecko News
Original source text The DeFi lending protocol still has $3.4 million in outstanding bad debt.Bad debt came from malicious exploits from three years ago.DeFi lending protocol Inverse Finance, with more than $178 million in investor funds, has patched a $2.6 million bad debt hole in the project’s finances. A bad debt happens when a loan position cannot be repaid because the collateral used to borrow funds has lost a lot of its value, which leaves the lender with a hole in their finances. It can happen due to malicious exploits that drain liquidity from lending pools or a massive market decline that causes the price of collateral tokens to plummet. On Monday, Inverse Finance secured funds to service the bad debt by selling 104,000 of its native Inverse tokens to a cohort of DeFi investors. The token sale was for 25 Dola per Inverse token, to raise the $2.6 million required. Dola is the protocol’s dollar-pegged stablecoin, while the Inverse token controls the protocol and absorbs financial risks. The latter is also the governance token for the DAO that controls the protocol. Given the relationship between both tokens, the deal effectively means investors are betting that the Inverse token’s long-term growth potential can cover the bad debt liability, and the DAO proposal for the move did not hide this trade-off. “This is our way of sending a message to everyone that Inverse DAO never abandons its users always repays its debts,” Nour Haridy, Inverse Finance founder, told DL News. Haridy called the repayment “an investment into the future.” Hello! This chart will be available in a few moments Inverse Finance TVLThe Inverse tokens acquired by the investors will be locked for six months. Inverse tokens traded for more than $43 on Monday, a 72% premium on the cost basis of the DeFi investors. The bad debt traces back to malicious exploits on Inverse Finance lending markets that have since been deprecated. Those defunct lending markets suffered two malicious exploits in April and June 2022 that resulted in more than $24 million in losses. A portion of the bad debt also comes from Euler Finance’s $200 million flash loan attack of March 2023. Euler has since recovered the hack and now holds more than $1 billion in investor assets, a 10-fold growth in 2025. ‘A moral obligation’Monday’s repayment whittles the protocol’s bad debt exposure to $3.4 million, which the DAO plans to cover by borrowing from 40acres.finance, another lending protocol. Haridy said the protocol didn’t have a choice but to cover the bad debt. “Dola would’ve collapsed due to the elevated bad debt levels back then and more people would lose their money,” Haridy said. “We had a moral obligation towards people who trusted Dola with their hard earned money and we chose to fulfill this obligation.” The repayment also comes as the protocol reached $100 million in loans on its fixed-rate lending market platform FiRM, another sign of recovery for a protocol that has suffered multiple crises. Osato Avan-Nomayo is our Nigeria-based DeFi correspondent. He covers DeFi and tech. Got a tip? Please contact him [email protected].
	Saved 2026-06-24 22:11 1mo ago Published 2026-03-02 05:18 4mo ago	Inverse Finance suffered approximately $240,000 in losses from the attack, and users may continue to face liquidation. DOLA DOLA ETH Ethereum INV Inverse Finance	CoinGecko News
Original source text PANews reported on March 2nd that, according to BlockSec Phalcon monitoring, its system detected a suspicious transaction targeting the Inverse Finance contract on Ethereum several hours ago, resulting in a loss of approximately $240,000. The incident appears to involve DOLA price manipulation, forcing multiple users to liquidate their contracts. BlockSec stated that it has contacted the project team but has not yet received a response. Since it is unclear whether other users are affected, further technical details will not be disclosed at this time, and affected users are advised to take immediate action.
	Saved 2026-06-24 22:11 1mo ago Published 2026-03-02 05:23 4mo ago	BlockSec: Inverse Finance Reportedly Targeted in Attack, Loses Around $240,000 DOLA DOLA INV Inverse Finance	CoinGecko News
Original source text Rubio: US and Iran to continue technical consultations at the end of this month Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency) 5 hours ago Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated. According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million. 5 hours ago Bitcoin falls below $60,000 According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours. 5 hours ago US Treasury Secretary: AI boom may boost productivity and help curb inflation. US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation. 5 hours ago US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%. According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%. 5 hours ago During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%. According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%. 5 hours ago
	Saved 2026-06-24 22:11 1mo ago Published 2026-03-02 08:02 4mo ago	YAM Finance responds to Inverse attack: Suspicious transactions originated from LlamaLend, not a contract vulnerability. DOLA DOLA INV Inverse Finance	CoinGecko News
Original source text PANews reported on March 2nd that YAM Finance responded to BlockSec's monitoring of a suspected attack on Inverse Finance, resulting in a loss of approximately $240,000. YAM Finance stated on its X platform that the incident was not due to a vulnerability in the Inverse contract, but rather related to the LlamaLend mechanism. According to their explanation, the attackers launched a "donation attack" on LlamaLend targeting sDOLA, pushing the price from approximately 1.188 sDOLA = 1 DOLA to approximately 1.358 sDOLA = 1 DOLA. Subsequently, they liquidated almost all user positions using sDOLA as collateral to borrow crvUSD. The reason why the increase in collateral value triggered liquidation is not yet fully understood; normally, users should be moved away from the liquidation line rather than closer to it. It is worth noting that the "secondary effect" of this price anomaly is still ongoing, resulting in an approximately 14% increase in paper profits for users who did not leverage their LlamaLend positions and only held sDOLA. In addition, DOLA is currently trading at a discount of about 1% to its anchor value on the secondary market, and some community members have suggested that borrowers may consider repaying their DOLA debt during this discount period.
	Saved 2026-06-24 22:11 1mo ago Published 2026-03-02 14:13 4mo ago	DOLA Price Manipulation Causes $240K LlamaLend Users Loss; Inverse Finance Unaffected DOLA DOLA INV Inverse Finance	CoinGecko News
Original source text Around $240K in losses occurred when sDOLA price manipulation triggered the liquidation of 27 users on LlamaLend. Inverse Finance confirmed that its own protocol was not affected. A recent suspicious transaction caused around $2,40,000 in losses, initially reports suggested Inverse Finance users were affected, but the losses were due to an sDOLA price manipulation that triggered multiple liquidations. The incident was first reported by BlockSec Phalcon in its X platform on March 2. As it said, “As it is unclear whether additional users may still be affected, we are withholding further technical details at this time. Please take immediate action if you are exposed.” Then, after a few hours, CertiK Alert also confirmed the incident that an attacker exploited a around $30 million flash loan to manipulate the sDOLA balance on Inverse Finance, leading to incorrect collateral values. Which triggered the liquidation of 27 users’ DOLA-backed positions, allowing the exploiter to profit by about $240,000 in a single transaction. False. Inverse Finance was NOT affected. It's simply an incident in an external protocol that uses DOLA token. Please correct this. — nour (@NourHaridy) March 2, 2026 After hours of reports from BlockSec Phalcon, in response, Founder and developer of Inverse Finance, Nour Haridy said, “False. Inverse Finance was NOT affected. It’s simply an incident in an external protocol that uses the DOLA token. Please correct this.” In addition, YAM, a DeFi community of sharing insights, posted that this was not an attack against Inverse Finance, but an issue with LlamaLend. The attacker liquidated the majority of users who possessed sDOLA and borrowed crvUSD, temporarily adjusting the sDOLA pricing from about 1.188 to 1.358 per DOLA. Also, mentioned, “We don’t understand yet how this actually liquidated users. It’s clearly unintentional behaviour, the value of your collateral going up should move you further away from liquidation, not closer.” Later, BlockSec Phalcon said, “Correction: After further investigation and discussion with@InverseFinance, we confirm that its contract was not affected by the attack.” It was a user loss on LlamaLend due to a flash loan exploiting a faulty oracle configuration in the sDOLA–crvUSD pool. With that, this is not the first time Inverse Finance has encountered issues with DOLA and its money-market platform, Frontier. In April 2022, Frontier was known as Anchor, and a hacker used a price oracle to steal $15.6 million. They increased the value of $INV tokens, allowing them to borrow against collateral while withdrawing ETH, WBTC, YFI, and DOLA. Writer with roots in journalism and international relations, actively exploring blockchain and crypto, with curiosity for the field and a passion for simplifying complex ideas.