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, 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...