Impossible Finance Loses $500,000 in Latest DeFi Flash Loan Attack

The latest decentralized finance (DeFi) protocol to join the long list of exploited Binance Smart Chain projects is Impossible Finance. Sponsored Sponsored Another day, another DeFi flash loan exploit on Binance Smart Chain. This time around, the victim is the multi-chain incubator project Impossible Finance. According to a post on the project’s Twitter and Telegram … Read more

Impossible Finance Raises $7M for Binance Smart Chain DeFi Incubator

The latest decentralized finance (DeFi) protocol to get big backing from venture capitalists is Impossible Finance for a multi-chain incubator project. In an announcement on June 3, the DeFi protocol declared that it had secured $7 million from over 125 institutional and angel investors. The round was co-led by True Ventures, CMS Holdings, Alameda Research, … Read more