Euler Finance blocks vulnerable module, working on recovering funds
Euler is currently working with law enforcement agencies and blockchain security firms, trying to contact the exploiter to recover the funds. Go to Source Powered by WPeMatico
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SEC of Thailand wants public feedback on crypto lending, staking ban
Thailand’s securities regulator believes that crypto firms should not be allowed to deploy users’ deposits and provide lending services. Go to Source Powered by WPeMatico
DeFi lender Tender.fi suffers exploit, white hat hacker suspected
DeFi lending platform Tender.fi sees $1.59 million of assets drained by alleged white hat hacker taking advantage of a misconfigured oracle. Go to Source Powered by WPeMatico
Babel wants to repay creditors via special ‘recovery coins’: Report
Babel reportedly owes $524 million worth of Bitcoin, Ether and other tokens due to “risky trading activities” by co-founder Wang Li. Go to Source Powered by WPeMatico
Bitcoin leverage ramps up as BTC’s margin long-to-shorts ratio hits a record $2.5B high
BTC traders at Bitfinex and OKX are unwilling to use margin markets for bearish bets, creating an alarming imbalance that investors should pay close attention to. Go to Source Powered by WPeMatico
Hodlnaut founders propose selling the firm instead of liquidation
Despite Hodlnaut creditors insisting on the firm’s liquidation, the founders keep trying to save the business and sell it to potential investors. Go to Source Powered by WPeMatico
DeFi ‘fragility’ causes and cures explored in highly technical Bank of Canada study
Researchers affiliated with the Canadian central bank identified weak points in DeFi lending protocols and reported on the potential they saw for mitigating them. Go to Source Powered by WPeMatico
MakerDAO voting on $100M loan participation with Florida commercial bank
Florida’s Cogent Bank is proposing a $100 million participation in loans to MakerDAO’s RWA Master Participation Trust. Go to Source Powered by WPeMatico
Crypto lender SALT makes comeback with $64.4 million funding
The crypto lender froze withdrawals in mid November. It will resume operations in Q1 2023 buoyed by a Series A recapitalization. Go to Source Powered by WPeMatico
Hodlnaut works with potential buyers to sell firm and FTX claims: Report
Hodlnaut’s court-appointed judicial managers are reportedly in the process of signing non-disclosure agreements with the potential buyers. Go to Source Powered by WPeMatico