lending protocol – DIGIT INFO

Lending Protocols See Lower Liquidations Despite Price Drop: A Shift Toward Caution in the Market

DIGIT — Fri, 07 Mar 2025 09:13:45 +0000

Recently, cryptocurrency prices have returned to levels last seen in February during the market drop. In their aftermath, the number of liquidations on lending protocols has dropped significantly. This is not a coincidence. This event can be seen, in practical terms, as a (very) brief borrowing opportunity. At the same time, it is clear that we are not in a liquidation-free zone. Thus, participants in the decentralized finance (DeFi) space are being appropriately, if not overly, cautious. Aave, one of the most significant lending platforms, has experienced a steep decline in high-risk loans on its Mainnet. The total value of

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Aave’s proposal to launch on zkEVM passes ‘temperature check’ vote

DIGIT — Mon, 17 Apr 2023 06:24:23 +0000

A proposal to deploy the third version of lending protocol Aave has recently passed a “temperate check” with an overwhelming favorable majority.

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Hacker Steals $6.9 Million From Arbitrum-Based Defi Protocol Lodestar Finance

DIGIT — Sun, 11 Dec 2022 21:00:40 +0000

Arbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter account on Saturday. Community reports detail that Lodestar lost roughly $6.9 million from the vulnerability. Lodestar Finance Loses $6.9 Million in an Exploit, TVL Drained, LODE Drops by 53% Another decentralized finance (defi) platform, Lodestar Finance […]

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Moola Market attacker returns most of $9M looted for $500K bounty

DIGIT — Wed, 19 Oct 2022 02:12:04 +0000

The attacker has scored about a half-million dollar “bug bounty” after choosing to return a majority of the cryptocurrency they exploited from the Celo-based lending protocol.

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Hacker bungles DeFi exploit: Leaves stolen $1M in contract set to self destruct

DIGIT — Fri, 22 Apr 2022 01:00:43 +0000

A hacker apparently so thrilled by a successful theft left behind over $1 million in a smart contract that was set to destruct, permanently ensuring the crypto could never be moved.

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Bitcoin Suisse adopts decentralized Liquity as lending product

DIGIT — Thu, 21 Apr 2022 01:56:04 +0000

The Swiss firm will conduct all interactions with the Liquity smart contract on its clients’ behalf but only a select few with over $500,000 on the platform will have access to the product.

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