Amidst market turmoil, CSRC's suspension of restricted shares lending reflects ongoing efforts to maintain market stability. While China faces challenges in its stock market and declining foreign investor confidence, the country remains committed to advancing its central bank digital currency initiatives.
BerniceThe SEC has also banned crypto lending and borrowing services, with the prohibition effective from August 30, 2023.
BeincryptoDelio is suspending withdrawals on its platform following its exposure to Haru Invest, which previously halted its services.
cryptopotatoThis new NFT lending protocol has caught the attention of industry insiders since its launch.
Coinlive Ethereum-based decentralized finance (DeFi) protocol SushiSwap has made the decision to shut down Kashi, its lending protocol, and Miso, its token launchpad.
decryptAccording to Lodestar, the attacker manipulated the price of the plvGLP token before using the inflated token to borrow all of the platform’s liquidity.
OthersAave connects crypto borrowers and lenders directly removing the need for a middleman.
CoindeskDecentralized routes of lending and borrowing through smart contracts are allowing DeFi finally to overthrow the traditional finance sector.
CointelegraphThe Swiss firm will conduct all interactions with the Liquity smart contract on its clients’ behalf, but only a select few with over $500,000 on the platform will have access to the product.
CointelegraphAfter expanding beyond Ethereum to Solana, Maple Finance expects its Solana app to control $300 million worth of liquidity by the end of 2022.
Cointelegraph