Cream Finance, known popularly for their cryptocurrency
CREAM, has seen some significant developments over the past few months. The crypto platform has fallen victim to numerous hacks, with losses totaling over $130M. However, DeFi security project
'Lossless' came to their aid by recovering $16.7M from one of these breaches. Despite these attacks, the value of CREAM has seen large fluctuations, soaring up to 65% at times. In news related to the financial implications of the token, Cream Finance was found to exploit flash loan attack, netting over $100M. Following the most recent attack, there was a plunge in the price of CREAM, thought to be due to news that the compensation for the hack would inflate token supply. However, CREAM coin showed resilience with a 60% price surge. Despite these challenges, Cream Finance has persisted and even expanded, entering INDODAX, an Indonesian Cryptocurrency Exchange. Yet,
Ghostface Killah’s ‘CREAM’ Cryptocurrency took a hard blow this season, with a drop of 96.3% since January.
CREAM Coin News Analytics from Thu, 31 Aug 2006 07:00:00 GMT to Wed, 23 Oct 2024 18:53:26 GMT -
Rating -5
- Innovation 1
- Information 5
- Rumor -1
