Sherlock


Markets

Crypto Audit Platform Sherlock Expects $4M Loss From Troubled Loans on Maple Finance

Sherlock deposited $5 million USDC of its staking pool into the beleaguered credit pool on Maple, which suffered a $31 million hit from Orthogonal Trading’s FTX-induced insolvency.

Mysterious transactions and reconciliation head-scratchers happen in traditional finance, too, but crypto could be uniquely prone to a situation of this sort. (Wikimedia Commons)

Finance

DeFi Risk Assessor Sherlock Raises $1.5M in Pre-Seed Funding

The fundraising was led by IDEO CoLab Ventures, with participation from A.Capital Ventures, Scalar Capital and DeFi Alliance.

coins jars pensions savings

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