Abracadabra proposes hiking loan interest rate by 200% to manage Curve risk
The Curve Finance exploit has created a liquidity crisis in the DeFi ecosystem and many lending protocols are rushing to minimize their exposure.
Auto Added by WPeMatico
Cex price feed prevents Curve price from collapsing amid $100M vulnerability
A vulnerability in the Vyper programming language widely used by DeFi protocols like Curve Finance led to exploit of multiple Curve liquidity pools on Sunday.
DeFi options platform uses social logins, margin trading to draw in liquidity
Developers claim Synquote handled one single trade of over $1 million of notional volume with no detectable slippage in its beta period.
Bitcoin price risk? US debt deal to trigger $1T liquidity crunch, analyst warns
Bitcoin price could drop to $20,000 in Q3 amid mounting worries about a potential cash liquidity crisis led by the U.S. Treasury Department.
Bancor DAO hit with class-action suit over impermanent loss protection promises
The pioneering DAO allegedly offered “risk-free” products that cost American retail investors tens of millions of dollars in losses.
Private equity tokens aim to bring greater liquidity, transparency and accessibility
Despite a few reservations, tokenization stands to streamline the way retail and institutional investors can access the private equity market.
FDIC pins Signature Bank’s failure on poor governance and illiquidity
FDIC blamed SBNY’s board of directors and management for pursuing “unrestrained growth” using uninsured deposits without implementing liquidity risk management strategies.
Central Banks Reduce US Dollar Swap Lines to Weekly Auctions Amid Moody’s US Banking Sector Downgrade
After the tumultuous downfall of three major banks, namely Silvergate Bank, Silicon Valley Bank, and Signature Bank, several central banks made a collaborative announcement of a swift, coordinated emergency response.…
Value Locked in Defi Descends Below $50B Range 9 Days After 2023 High
The total value locked in decentralized finance (defi) has descended below the $50 billion range after reaching a 2023 high of $53.63 billion on April 14. This shift has been…
Connecting DeFi: How multichain token systems can improve liquidity
Multichain token systems can move tokens between different blockchains, allowing users to access liquidity across multiple markets.