Solend Says Investor at Center of Solana DeFi Controversy Started to Move Funds
The lending platform said that may avert the risk of contagion in case of a liquidation.
Celsius Network Pauses AMAs, With Customers Left in the Dark Over Withdrawals
Celsius has not yet provided an update on the status of withdrawals from its platform as regulators investigate.
Babel Finance Reaches Debt Agreement With Counterparties After Withdrawal Freeze
The company will continue to communicate with shareholders as it looks to obtain liquidity support.
DeFi Protocol Solend Passes Governance Vote to Reverse ‘Emergency Powers’
An emergency governance vote has been passed as Solend plans to take less drastic measures on the liquidation of a large Solana borrower.
Solend’s Whale Liquidation Crisis Prompts Second Vote to Reverse ‘Emergency Powers’
The Solana-based borrowing and lending service is going back to the ballot box.
Solana DeFi Platform Votes to Control Whale Account in Bid to Avoid Liquidation 'Chaos'
Solend users voted to "grant emergency power to Solend Labs to temporarily take over the whale's account."
Katie Haun’s New Fund Leads $32M Round in Lending Protocol Euler
Euler XYZ CEO Michael Bentley discusses the recent $32 million raise in a funding round led by former A16z executive Katie Haun’s Haun Ventures. Plus, Bentley shares his thoughts on the current state of DeFi as several major lenders are facing concerns over liquidity.
DeFi Protocol Inverse Finance Exploited for $1.2M
Attackers used a flash loan attack to drain the open-source protocol outfit of bitcoin and tether.
Crypto Market Chaos: No, Lido Is Not ‘the Next Terra’
After over $1 billion in liquidations in just 24 hours, DeFi’s wild west period may be drawing to a close – but not everything’s a sham.
Chainlink Price Feeds Are Live on Polkadot-Based Moonbeam
Oracle application Chainlink now supports the most active decentralized application (dApp) ecosystem on Polkadot.
