Solana-Based DeFi Project Loses Millions in Total Value Locked After CEO Abruptly Quits

In a blow to the burgeoning world of decentralized finance (DeFi), Edgar Pavlovsky, the chief executive of Marginfi, a Solana-based lending platform, has abruptly resigned in a departure that triggered a wave of investment withdrawals and saw the platform total value locked (TVL) drop by 25%. Marginfi confirmed Pavlovsky’s resignation over disagreements with the company’s […]