#Lending

THORChain suggests incinerating $300 million worth of RUNE to enhance lending scalability

THORChain suggests incinerating $300 million worth of RUNE to enhance lending scalability

Noah RyptonJan 31, 20242 min read

THORChain Developers Propose Burning $300 Million Worth of RUNE Tokens Developers of THORChain have put forward a community proposal to burn approximately $300 million worth of…

Nexo, a Crypto Lending Service, Files $3 Billion Lawsuit Against Bulgaria for Damages

Nexo, a Crypto Lending Service, Files $3 Billion Lawsuit Against Bulgaria for Damages

Benito CormiJan 26, 20242 min read

‘Politically Motivated’ Allegations The crypto lending platform Nexo has lodged a $3 billion arbitration claim against the Bulgarian government, accusing it of causing damage and missed…

Abra, a Crypto Lending Platform, to Repatriate Texas Investors’ Assets

Abra, a Crypto Lending Platform, to Repatriate Texas Investors’ Assets

Benito CormiJan 25, 20243 min read

Abra Settles Allegations of Unregistered Securities Offerings Crypto lender Abra has reached a settlement with the Texas State Securities Board (TSSB) over allegations of unregistered securities…

The Decline of UMA Price by 14% Despite Oval’s Lending Protocols’ Value

The Decline of UMA Price by 14% Despite Oval’s Lending Protocols’ Value

Gapster InnesJan 25, 20242 min read

The Launch of Oval Boosts UMA Price The price of UMA, a Web3-centered crypto project, surged by 71% to $7 with the launch of Oval, a…

Borderless Capital Spearheads $1.5M Seed Funding Round for Synonym Finance, Paving the Way for Powerful and Adaptable Cross-Chain DeFi Lending Solutions

Borderless Capital Spearheads $1.5M Seed Funding Round for Synonym Finance, Paving the Way for Powerful and Adaptable Cross-Chain DeFi Lending Solutions

Cyrus DaileyJan 24, 20243 min read

Oversubscribed Seed Round Funding Secured by Synonym Finance Synonym Finance, a cross-chain lending platform, has announced the successful completion of its oversubscribed seed round funding, raising…

Borderless Capital Drives $1.5M Seed Funding for Synonym Finance, Enabling Powerful and Adaptable Cross-Chain DeFi Lending

Borderless Capital Drives $1.5M Seed Funding for Synonym Finance, Enabling Powerful and Adaptable Cross-Chain DeFi Lending

Owen PatterJan 24, 20242 min read

Oversubscribed Round With Top Blockchain VCs Synonym Finance, a cross-chain lending platform, has announced the completion of its oversubscribed seed round funding, raising a total of…

DeFi Flash Loan Attack: Wise Lending Loses $464k due to Security Breach

DeFi Flash Loan Attack: Wise Lending Loses $464k due to Security Breach

Cino GaperiJan 13, 20242 min read

Wise Lending Exploited in Major Crypto Attack If you missed it, Wise Lending, known for being a leading Web3 lending application and yield aggregator, faced a…

Breaking News: Wise Lending Hack Adds to DeFi Security Concerns

Breaking News: Wise Lending Hack Adds to DeFi Security Concerns

Gapster InnesJan 12, 20242 min read

Wise Lending Exploited in Latest DeFi Cybersecurity Breach A recent report by PeckShield Inc., a blockchain security and data analytics company, revealed that Wise Lending suffered…

Radiant’s Cross-Chain Lending Protocol Succumbs to Hack, Resulting in 1,900 ETH Loss: Comprehensive Insights

Radiant’s Cross-Chain Lending Protocol Succumbs to Hack, Resulting in 1,900 ETH Loss: Comprehensive Insights

Gapster InnesJan 3, 20242 min read

Radiant Capital Loses 1,900 ETH In Hack In a major hacking incident, the cross-chain lending protocol Radiant Capital suffered a loss of 1,900 ETH, equivalent to…

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