XVS – DIGIT INFO

DeFi protocol Venus seeks to patch $270K hole from oracle incident

DIGIT — Mon, 11 Dec 2023 05:30:19 +0000

The DeFi lending and borrowing protocol has confirmed it was affected by a malfunctioning Binance price oracle but confirmed user funds were safe.

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Venus Price Up 27% After AMA With Tron’s Founder Justin Sun

DIGIT — Sat, 11 Dec 2021 17:49:50 +0000

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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Beware of ‘soft rugs’ — a growing menace in decentralized finance

DIGIT — Thu, 24 Jun 2021 04:49:49 +0000

Developers dumping tokens and making off with the proceeds is the latest scourge to plague DeFi.

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