The DeFi lending and borrowing protocol has confirmed it was affected by a malfunctioning Binance price oracle but confirmed user funds were safe.
Category: Venus
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Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months
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More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols
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Top 3 Stablecoin Yield Farming Platforms to Survive This Crypto Winter
Crypto winter is upon us, and chances are crypto markets will continue to trade sideways and experience bearish momentum for the next few months. One of the best ways to hedge against the downward trend is to convert your crypto holdings to stablecoins and lock them on yield farming platforms for guaranteed APY. This article lists the top three stablecoin yield farming platforms to help you survive this crypto winter. 3. Aave Aave is one of the most popular stablecoin yield farming platforms on the market. With over $14 billion in value locked and with a market cap of over
The post Top 3 Stablecoin Yield Farming Platforms to Survive This Crypto Winter appeared first on The Merkle News.
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Venus Price Up 27% After AMA With Tron’s Founder Justin Sun
As cryptocurrency markets continue to trade sideways this weekend, quite a few coins are seeing double digits price gains. Today’s biggest gainer is Venus (XVS), rising over 27% in the past 24 hours, ranking it the biggest gainer on Crypto.com. What Is Venus cryptocurrency, and why is the XVS price rising? Let’s find out. What Is Venus crypto (XVS)? Venus describes itself as a decentralized marketplace for lenders and borrowers with borderless stablecoins. In other words, Venus enables the world’s first decentralized stablecoin, called VAI. It’s built on the Binance Smart Chain and is backed with crypto assets without the
The post Venus Price Up 27% After AMA With Tron’s Founder Justin Sun appeared first on The Merkle News.
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Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam
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Beware of ‘soft rugs’ — a growing menace in decentralized finance
Developers dumping tokens and making off with the proceeds is the latest scourge to plague DeFi.
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DeFi revival pushes Celo, Venus (XVS) and Fantom (FTM) price higher
Strong fundamentals, increasing daily active users and successful layer 2 trials are pushing DeFi tokens to outperform the broader crypto market.
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Binance: Venus Project Will Court Regulators, Avoid Facebook’s Mistakes
Binance Venus to take more conservative approach with a focus on regulatory compliance
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