Goldfinch, a decentralized crypto lending platform focused on emerging markets like Africa, has collapsed with its GFI governance token losing 99.8% of its value. The project used an under-collateralized lending model connecting crypto lenders to real-world borrowers, but multiple lending pools faced repayment failures, exposing structural risks. This collapse highlights the challenges of under-collateralized DeFi lending in emerging markets and raises doubts about similar projects. While the protocol's smart contracts remain active, development and governance have largely stopped, leaving investors uncertain about recovering their funds.
New long-term data from the ADjoin trial shows that lebrikizumab, an injectable treatment for moderate to severe atopic dermatitis, maintains skin clearance and reduces itching for up to 2 years even with monthly dosing instead of biweekly. About 76%...
Greystone, a national commercial real estate finance company, has appointed Joshua Rosen as Senior Managing Director to focus on originating loans for seniors housing and healthcare sectors. Based in Chicago, Rosen brings extensive experience from Wa...
Brodsky & Smith LLC announced investigations into the merger agreements of Apogee Therapeutics, Roku, TruBridge, and Organon. Each investigation questions whether the respective company boards fulfilled their fiduciary duties by ensuring a fair proce...
Brodsky & Smith LLC has announced investigations into the merger agreements of Arcosa, Fathom Holdings, Nuvalent, and Dana Incorporated. These investigations focus on whether the respective company boards breached fiduciary duties by failing to ensur...
Apiiro has been recognized as a Leader in Gartner's inaugural Magic Quadrant for Software Supply Chain Security, marking its second placement in Gartner's Magic Quadrants. This reflects a market shift toward preventing risks from AI coding agents bef...
