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Aave (LEND) Price Skyrocketed 20,000% This Year—Is DeFi a Bubble Yet to Burst?

Aave (LEND) Price Skyrocketed 20,000% This Year—Is DeFi a Bubble Yet to Burst?

Aave’s bullish momentum has pushed its cryptocurrency LEND towards the top 20 coins by market cap after it took the number one spot in the DeFi market.

DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis

DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis

Digital Currency Group paid up all short-term loans to Genesis, a previous bitcoin lending platform, as promised. DCG repaid $700 million in 2023 despite crypto sector woes. Genesis filed for bankruptcy in early 2023 after a withdrawal halt due to obligations of over $3.5 billion to its principal creditors. The bitcoin market is changing significantly with this development.

Thailand SEC Considers Ban on Crypto Staking and Lending

Thailand SEC Considers Ban on Crypto Staking and Lending

Thailand's SEC is seeking public comments on a draft regulation that would ban virtual asset service providers from offering or engaging in any crypto staking or lending activities.

Justin Sun Withdraws Millions of Dollars’ Worth of USDT from Aave's Lending Pools

Justin Sun Withdraws Millions of Dollars’ Worth of USDT from Aave's Lending Pools

The Tron founder Justin Sun has withdrawn a huge amount of liquidity from the DeFi protocol. The move is likely to have been triggered by the recent ban on addresses that received funds from Tornado cash.

OKX Introduces Simple Earn Fixed Product for Crypto Users

OKX Introduces Simple Earn Fixed Product for Crypto Users

OKX unveils its Simple Earn Fixed product, available from May 30, 2024, supporting USDT, USDC, BTC, and ETH.

Hong Kong Monetary Authority Releases Q2 2024 Credit Card Lending Survey Results

Hong Kong Monetary Authority Releases Q2 2024 Credit Card Lending Survey Results

The Hong Kong Monetary Authority reports a 0.2% decline in total card receivables in Q2 2024, with delinquent and rescheduled ratios slightly increasing.

HKMA and HKAB Establish Joint Taskforce to Bolster SME Lending

HKMA and HKAB Establish Joint Taskforce to Bolster SME Lending

The Hong Kong Monetary Authority (HKMA) and The Hong Kong Association of Banks (HKAB) have formed a joint taskforce to enhance SME lending support.

Hong Kong Monetary Authority and HKAB Hold Inaugural Taskforce Meeting on SME Lending

Hong Kong Monetary Authority and HKAB Hold Inaugural Taskforce Meeting on SME Lending

The HKMA and HKAB's joint Taskforce on SME Lending held its inaugural meeting to address SME financing challenges and strengthen communication with the commercial sector.

Blender Cycles Joins Render Network's Closed Beta for Decentralized Rendering

Blender Cycles Joins Render Network's Closed Beta for Decentralized Rendering

Blender Cycles has been integrated into the Render Network's closed beta, offering decentralized GPU rendering to millions of artists. This marks a significant step in expanding Render's multi-render capabilities.

Render Network Unveils 2025 Product Innovations and Integrations

Render Network Unveils 2025 Product Innovations and Integrations

Render Network announces new product updates for 2025, including enhanced DCC support, Blender Cycles integration, and the introduction of differential uploads to streamline artist workflows.

Hong Kong Credit Card Lending Increases by 7.9% in Q4 2024

Hong Kong Credit Card Lending Increases by 7.9% in Q4 2024

The Hong Kong Monetary Authority reports a 7.9% rise in credit card receivables for Q4 2024, driven by festive spending and tax payments.

Hong Kong Credit Card Lending Declines in Q1 2025, Says HKMA

Hong Kong Credit Card Lending Declines in Q1 2025, Says HKMA

The Hong Kong Monetary Authority reported a 5.8% decrease in credit card lending for Q1 2025, marking a shift from the previous quarter's growth.

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