Flow Network Pause Disrupts NFT Loans, Leaving Borrowers in Limbo
Loan settlements on the Flow network have been temporarily paused, creating uncertainty for NFT loan borrowers. According to reports, the network pause has frozen both loan repayments and potential defaults. The disruption has left borrowers in a state of limbo as they await further developments. The incident highlights the potential risks and challenges associated with decentralized finance (DeFi) and the dependence on network stability for seamless operation.
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