Explained: Solend DAO’s whale wars and DeFi lending drama
Amid a brutal repricing for crypto, Solana-based DeFi lending protocol Solend DAO found itself at the center of several potentially existential crises.
Amid a brutal repricing for crypto, Solana-based DeFi lending protocol Solend DAO found itself at the center of several potentially existential crises.
Citing “hostile market conditions,” Bancor has decided to suspend its main service, Impermanent Loss Protection.
One of the world’s largest banks has been quietly working on a multi-trillion dollar project called institutional DeFi, but setbacks remain.
Recipients of revamped Luna tanked the token just hours after launch as they scrambled to recoup losses caused by the original’s devastating crash.
HitBTC, Huobi and Binance have all shown support for the revival of Terra’s blockchain as authorities continue to investigate its collapse.