Lending
RedStone Unlocks $30B RWA Liquidity Gap in DeFi Lending
RedStone’s new settlement layer addresses the liquidity mismatch for tokenized RWAs in DeFi, unlocking $30B in collateral potential.
Aave to Launch on zkSync with Overwhelming Support from Community
Aave's proposal to launch on the zkSync Era Mainnet has received over 99% support from AAVE tokenholders. The launch will initially be limited to USDC and ETH, and if successful, could introduce new users to decentralized finance and cement Aave's position as a premier borrowing platform within the zero-knowledge ecosystem.
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.
MakerDAO Votes to Bring Another Commercial Bank Into Its Ecosystem
MakerDAO is voting on adding a commercial bank.
Hodlnaut Seeks to Sell Business
Hodlnaut temporary judicial management are considering several offers to buy its Singapore crypto firm and FTX claims.
Committee Appointed to Represent Unsecured Creditors in Genesis Global bankruptcy
In the Genesis Global bankruptcy case, unsecured creditors have a seven-member committee.
Everlend Finance, a Solana-based decentralized finance
Solana protocol decentralises finance Closing Everlend Finance.
The new procedures included the requirement that all future code changes be approved by the DAO
"Aave V3" was launched in March 2022 and deployed on numerous EVM-compatible blockchains soon after. V3 helps consumers save money and enhance capital efficiency. It permits riskier collateral.
Reactions to Genesis Global Trading's Bankruptcy
New York crypto lender Genesis Global Trading filed for bankruptcy. Social media users weighed in. Some think bankruptcy attorneys will prosper and no one will be held responsible. Crypto lending was called "dumb" by others.
Nexo Capital to Pay $45 Million in Penalties
Nexo Capital, a crypto lender, will pay $45 million to the SEC and NASAA (NASAA). SEC and NASAA announced the announcement on Jan 19.