The DeFi lending and borrowing protocol has confirmed it was affected by a malfunctioning Binance price oracle but confirmed user funds were safe.
Category: Lending
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Sam Altman-linked Meanwhile Advisors creates BTC private credit fund
The closed fund will offer investors a 5% yield in Bitcoin and lend funds in BTC to institutions.
Celsius entity to focus only on mining under proposed reorganization plan
The lending firm has been in bankruptcy court since its Chapter 11 filing in 2022, while the SEC filed a lawsuit against both the firm and former CEO Alex Mashinsky in July.
Hodlnaut heading for liquidation after failure of restructuring, sale efforts
Recovery from the crypto winter is proceeding, but Hodlnaut won’t survive it. A sealed court order in Singapore appears to spell its doom.
Court confirms Celsius bankruptcy exit plan, $2B in crypto to go to creditors
The decision ends the complex case with a creditor-approved plan that will see their partial reimbursement and make them shareholders in a new company.
Luxor refutes claims its Bitcoin hashrate-backed product is BlockFi, Celsius 2.0
“The return comes from hashrate, not from pixie dust, ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed.
Hashing It Out: Diving into cross-chain DeFi lending
MultiChainZ chief operating officer Aanchal Thakur believes that cross-chain lending platforms will open users up to more liquidity.
CFTC announces lawsuit against Voyager Digital and former CEO
The legal action followed reports staff at the commission had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations.
September sets 2023 exploit record, and DAOs can democratize science: Finance Redefined
September was the biggest exploit month in DeFi, with over $300 million in losses, taking the crown from August.
Bitcoin lender Ledn to roll out ETH, USDT interest accounts
Spurred on by user requests, traditional Bitcoin lending firm Ledn is rolling out an Ethereum yield product.