credix

Discover more about credix.

Tag: credix

CrediX's Collapse: A Wake-Up Call for Africa's DeFi Dreams?
• Reviews

CrediX's Collapse: A Wake-Up Call for Africa's DeFi Dreams?

The dust hasn't settled yet, but the stench of the CrediX situation lingers – a harsh reality check for anyone who dares to dream of a decentralized financial future for Africa. For a time, CrediX seemed to be the platform that would unlock these financial opportunities. Just like that, it...

CrediX Vanishes After $4.5 Million Exploit, Leaving Users in the Lurch
• NFT Market

CrediX Vanishes After $4.5 Million Exploit, Leaving Users in the Lurch

CrediX, a decentralized finance (DeFi) platform connecting investors to credit institutions, has disappeared. On August 4th, that exploit struck the platform, draining almost $4.5 million from its pools. The latest news of the team’s silence is incredibly alarming. The Metro debacle and their failure to deliver on the promised reimbursements...