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DeFi's Yearn.Finance Protocol Suffers $2.8 Million Flash Loan Attack

DeFi's Yearn.Finance Protocol Suffers $2.8 Million Flash Loan Attack

Yearn.Finance decentralized finance protocol suffered a $2.8 million loss after a flash loan attack, a scheme frequently seen in the fast-rising DeFi sector.

Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan

Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan

Russian commercial bank Expobank has set the ball rolling in this nation by issuing a loan secured by crypto tokens, Waves crypto was used as collateral.

Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3

Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3

Genesis records rising demand for cash and stablecoins

Blockwater Technologies Defaults Loan from TrueFi

Blockwater Technologies Defaults Loan from TrueFi

The blockchain investment firm has only managed to repay $654,000 of its outstanding debt following the restructuring decision. However, the firm failed to make payment on time and the debt currently amounts to $3 million.

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

The Guangzhou Housing Provident Fund Management Center has successfully implemented the usage of the Chinese version of the Central Bank Digital Currency (CBDC), commonly known as the digital Yuan, for housing provident fund loans.

Binance Adds New Loanable Assets to its Flexible Rate and VIP Loan Services

Binance Adds New Loanable Assets to its Flexible Rate and VIP Loan Services

Binance has announced the addition of new loanable assets to its Binance Loans (Flexible Rate) and VIP Loan services.

World Assets Ltd. Extends Loan Agreements with Trading Firms, Keeping 10M WLD Tokens in Circulation

World Assets Ltd. Extends Loan Agreements with Trading Firms, Keeping 10M WLD Tokens in Circulation

World Assets Ltd. extends loan agreements with trading firms, maintaining 10M WLD in circulation until June 2025.

Binance Adds New Loanable Assets: AUCTION, GMX, and LQTY

Binance Adds New Loanable Assets: AUCTION, GMX, and LQTY

Binance introduces Auction, GMX, and Liquity as new loanable assets on its flexible rate loans.

OKX Enhances VIP Loan Features for Top-Tier Traders

OKX Enhances VIP Loan Features for Top-Tier Traders

OKX upgrades VIP Loan for VIP 5 tier and above, enhancing user experience.

HKMA Adjusts Countercyclical Measures for Property Mortgage Loans

HKMA Adjusts Countercyclical Measures for Property Mortgage Loans

The Hong Kong Monetary Authority (HKMA) announces technical adjustments to countercyclical macroprudential measures for property mortgage loans.

Binance Introduces New Loanable Assets for Flexible Rate and VIP Loan Services

Binance Introduces New Loanable Assets for Flexible Rate and VIP Loan Services

Binance has expanded its loan offerings by adding new loanable assets to its Flexible Rate and VIP Loan services, enhancing options for users.

Hong Kong Monetary Authority Reports 1.1% Increase in May 2024 Deposits

Hong Kong Monetary Authority Reports 1.1% Increase in May 2024 Deposits

The Hong Kong Monetary Authority reported a 1.1% increase in total deposits for May 2024, with notable rises in both Hong Kong dollar and foreign currency deposits.

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