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Aave community proposes to temporarily suspend ETH lending before the Merge
30.8.2022
The governance vote to approve the pause will commence on Aug. 30, 2022, and end on Sept. 2, 2022
Hodlnaut now placed under creditor protection after freezing withdrawals
30.8.2022
Hodlnaut froze withdrawals and all other services on its platform on Aug. 8, citing a liquidity crisis and turbulent market conditions
Ripple counsel: SEC's shakedowns leave consumers holding the bag
30.8.2022
The response comes as Ripple Labs and other critics believe the SEC has overstepped its mark on the enforcement of the crypto space
Looks bare: OpenSea turns into NFT ghost-town after volume plunges 99% in 90 days
29.8.2022
An ongoing debt crisis at lending platform BendDAO is also increasing the risks of the NFT bubble going bust
Hacker tries to exploit bridge protocol, fails miserably: Finance Redefined
27.8.2022
Majority of the DeFi tokens in the top-100 had a mixed week as several tokens traded in red while a few others managed to make double-digit gains
Celsius bankruptcy proceedings show complexities amid declining hope of recovery
26.8.2022
Celsius Network’s bankruptcy proceedings have highlighted that the firm has misrepresented many of its assets with deep complexities in its operations
Compound's Upgraded DeFi Lending Platform Targets Security, Scalability
26.8.2022
Compound v3 limits the protocol’s supported tokens and introduces governance changes
Amendments to US commercial code differentiate crypto and ‘electronic money’
25.8.2022
The updated guidelines seek to clarify the terms of crypto assets lending and specify the status of CBDCs
Uniswap eyes NFT financialization, in talks with lending protocols
24.8.2022
In a tweet from the head of NFT product, the exchange is allegedly in contact with several NFT lending protocols to build NFT financialization
Singapore Court Permits Three Arrows Liquidators To Access Key Financial Records - Report
24.8.2022
The liquidators of troubled Singaporean crypto hedge fund Three Arrows Capital (3AC) have obtained the permission of a local court to access key records, securing more information about the assets of the collapsed business, Bloomberg reported....
Read More: Singapore Court Permits Three Arrows...
SEC Chairman Says Crypto Should Be Treated Same as Other Capital Markets
24.8.2022
SEC Chairman Gary Gensler says that there is no need to treat the crypto market differently from other capital markets. Noting that “the SEC will serve as the cop on the beat,” Gensler encouraged crypto trading and lending platforms “to come in and talk to SEC staff.”...
Celsius countersues KeyFi, claims deceit and incompetence led to tens of millions in losses
23.8.2022
Crypto lender Celsius has gone on the offensive against former staking and DeFi strategy associate KeyFi and its CEO, which had sued it a week before it went bankrupt
Celsius calls out Prime Trust in court, alleging firm didn't turn over $17M in crypto
23.8.2022
"Prime Trust was obligated under the Bankruptcy Code to deliver all property belonging to Celsius [...] including these remaining crypto assets," said Celsius' legal team
NFT lending protocol Bend DAO proposes emergency changes amid credit crisis
22.8.2022
"We are sorry that we underestimated how illiquid NFTs could be in a bear market when setting the initial parameters," says the Bend DAO dev team
3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think
20.8.2022
There are signs of further turbulence ahead. The absence of a BTC futures premium, $470 million in liquidations and excessive stablecoin lending all point toward new yearly lows
Celsius Network coin report shows a balance gap of $2.85 billion: Finance Redefined
19.8.2022
Majority of the DeFi tokens traded in red with several registering double digit losses over the past week
Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisis
19.8.2022
Analysts are divided on whether the potential NFT liquidation event is a buy-the-dip opportunity
US Trustee motions for examiner to probe Celsius’ ‘significant transparency issues’
19.8.2022
The Trustee overseeing Celsius’ bankruptcy case has requested an examiner to help shed the light on a number of complex issues
Crypto lender Hodlnaut seeks judicial management to avoid forced liquidation
16.8.2022
Singaporean law offers temporary protection against any legal proceedings and claims, which the company believes would provide a breathing space to focus on its recovery plan
Celsius Network coin report shows a balance gap of $2.85 billion
15.8.2022
The latest findings could brew more trouble for the crypto lender for allegedly misleading and offering wrong details in the court documents