WLFI Token Hits New Low Amid Criticism of Loan Model
The token of the Trump-associated DeFi platform World Liberty Financial (WLFI) has reached new local lows amid increasing criticism of the project's lending model.
WLFI Token Hits New Low Amid Criticism of Loan Model
The token of the Trump-associated DeFi platform World Liberty Financial (WLFI) has reached new local lows amid increasing criticism of the project's lending model.
Study: Aave V3 Avoids Bad Debts at Borrowers’ Expense
The mechanisms of the lending DeFi protocol Aave version V3 have prevented the formation of bad debts, though this has resulted in significant losses for borrowers. This conclusion was reached by analysts at the Bank of Canada.
Aave Becomes First DeFi Platform to Issue $1 Trillion in Loans
The total volume of loans on the DeFi platform Aave has surpassed $1 trillion, marking the first time a project in the decentralized finance industry has reached this milestone.
Figure Admits to Customer Data Breach
The blockchain lending platform Figure Technology has suffered a data breach affecting user information, reported TechCrunch, citing company representative Alethea Jadick.
USDe Stablecoin’s Market Cap Halved Due to Yield Decline
The market value of the synthetic "stablecoin" USDe from the Ethena project plummeted by 50% in a month—from $14.8 billion in October to the current $7.2 billion.
Crypto lending hits a record $73.6bn
Crypto‑collateralised lending reached $73.6bn at the end of the third quarter, surpassing the 2021 record.
Collateral Damage from Stream Finance Hack Estimated at $285 Million
The attack on the DeFi protocol Stream Finance could result in collateral losses amounting to approximately $285 million, affecting collateral and lending positions.
Active Loans on Aave Surpass $30 Billion
The total value of active borrowings on the lending DeFi protocol Aave has reached $30.2 billion.
South Korea Implements New Rules for Crypto Loans
On September 5, South Korea's Financial Services Commission released guidelines for lending services on centralised cryptocurrency exchanges.
South Korean Exchanges Ordered to Halt Crypto Lending
South Korea's Financial Services Commission ordered local digital asset exchanges to temporarily suspend crypto lending operations.
BitBridge to Debut on Nasdaq with Bitcoin Loan Offerings
By the end of the third quarter, BitBridge Capital Strategies will commence trading under the ticker BTT, with plans for a subsequent listing on Nasdaq. This was revealed in a press release marking the completion of its merger with Green Mountain Merger Inc.We use cookies to improve the quality of our service.
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