News
Significance:
6/10

Figure’s flash crash sends $13bn worth of blockchain loans flying

https://www.dlnews.com/articles/defi/figure-heloc-flash-crash-sends-blockchain-based-home-equity-loans-flying

Tim Craig

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bearish
The flash crash and low liquidity raise concerns about the firm's platform and transparency.
Bearish
The incident questions the viability of issuing blockchain-based loans backed by real-world assets.