News list for " Lending"
On January 24th, according to The Block, Litquity, an Ethereum-based lending protocol, has launched the second version of its app, Litquity V2. Liquity V2 will allow borrowers to choose their own interest rate when borrowing and staking ETH from RocketPool or Lido. Liquity also launched a "non-dollar" stablecoin called BOLD, which is fully backed by ETH and ETH derivatives. According to the filing, all revenue generated by Liquity V2 will go to BOLD, with 75% going to a stable pool of depositors...
Plume Network's flagship staking protocol, Nest, has been integrated with RWA lending and stablecoin platform Opentrade. This integration will enable Nest users to deposit stablecoins into Nest's revenue vault while also receiving income generated by Open Trade's high-quality financial assets.
EVAA Protocol, a decentralized lending agreement for the TON ecosystem, announced the completion of a $2.50 million private funding round, with participation from TON Ventures, Polymorphic Capital, Animoca Brands, CMT Digital, Mythos Ventures, WAGMI Ventures, and Baring Vostok. The agreement mainly provides lending, leveraged pledges, and other decentralized financial services for the TON ecosystem. The new funds are intended to support the launch of its own tokens to further expand the scale of...
Token Terminal data shows that the total amount of active loans in the on-chain lending market recently reached an all-time high, surpassing $20 billion, after a previous record high in December 2021.
The official Twitter account of Centrifuge, the RWA lending agreement, has been stolen. Hackers have released a fundraising address disguised as AI project tokens. The current fundraising balance in the fraudulent address is 93.57 SOL. Remind users not to interact with their accounts and pay attention to asset safety.
On January 2nd, crypto lending platform Celsius appealed against FTX's $444 million amendment claim. Celsius said defamatory statements made by FTX executives, employees and affiliates had a negative impact on the company's reputation and financial health, accelerating the company's bankruptcy in July 2022. Court documents show that Celsius initially filed a claim for $2 billion, citing "unsubstantiated defamatory statements" spread by FTX insiders. Celsius amended its application in December,.....
According to an official announcement, Binance has added Commonal (USUAL) as a borrowable asset for Binance Lending (Flexible Rate). Users can view the latest interest rates and a complete list of borrowable and collateralized assets through the loan data. For new Binance Lending (Flexible Rate) orders through the Binance App, please upgrade the App to iOSv2.78.0 or Androidv2.78.0 and above. The old version of the App no longer supports the creation of new Binance Lending (Flexible Rate) orders.
Scallop announced that the total revenue of the platform has exceeded 3.50 million US dollars, and the official will conduct SCA token repurchase and reward distribution again. The total reward is sSCA worth 100,000 US dollars; the event time is from December 22 to December 25. The first snapshot will take place at 8:00 am Beijing time on December 22. Users only need to pledge and hold at least 1,500 veSCA to receive daily sSCA rewards. Subsequent to this, the spread between Scallop's native USD...
Roni Cohen-Pavon, the former chief revenue officer of crypto lending platform Celsius, will not be sentenced on December 11 after former CEO Alex Mashinsky reached a plea deal with U.S. prosecutors. In a filing with the U.S. District Court for the Southern District of New York, Judge John Koeltl granted U.S. Attorney Damian Williams' request to cancel Roni Cohen-Pavon's sentencing hearing until after Alex Mashinsky's sentencing hearing, which was originally scheduled for 2025.
On December 10th, Neptune Protocol, a decentralized lending platform based on the Eclipse blockchain, completed a $3.90 million seed round of financing, with investors including Bloccelerate, Animoca Ventures, CMS Holdings and Maelstrom. The project, co-founded by former Citibank and AngelDAO executives David Mass and Meir Bank, will launch an over-collateralized stablecoin USDN based on the Solana Virtual Machine (SVM). Neptune has partnered with several ecosystem partners, including Switchboar...
Sui ecological lending agreement Suilend announced that the SEND token will be launched at 13:00 Beijing time on December 12, and users will be able to receive mSEND after the launch.
On December 9, Bitcoin lending platform Lava completed a $10 million A round of financing, with Founders Fund and Khosla Ventures participating. Lava founder and CEO Shehzan Maredia said the platform allows users to borrow with bitcoin as collateral.
On December 4th, NFT lending platform BendDAO launched WUSD Capital Pool on the V2 main network. The liquidity of the pool exceeded 100,000 US dollars on the day of launch. Users can lend WUSD at low cost by pledging assets such as Blue-chip NFT, USDe, sUSDe, cbBTC, USDS, etc., releasing liquidity to explore other investment opportunities. It is known that WUSD is listed on mainstream exchanges Bitget, Gate.io, etc. WUSD is a stablecoin issued by WSPN (Worldwide Stablecoin Payment Network). WSPN...
On December 3rd, according to the official website data, the lending agreement AAVE has a deposit interest rate of 46% on the Ethereum network USDC and a deposit interest rate of 34% on USDT.
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