๐จ Breaking News: Decentralized lending protocol Goldfinch warns of fund loss risk due to fintech default! ๐ฑ
In Feb '22, Goldfinch lent 20M USDC to Stratos at 11% APR for 4 years. Stratos invested in real assets, including US real estate (REZI). Now, $7M is at risk. ๐ธ
Tokenized RWA is trending, but this incident highlights the importance of due diligence and audits in crypto lending. ๐๐ผ
Stay informed! ๐ก Invest wisely. ๐ฐ #BitcoinWorld #CryptoNews #DueDiligence