NFT investor burns $135k unintentionally while borrowing money
77 Ether’s worth of non-fungible tokens (NFT) from the CryptoPunks collection. Brandon Riley, an NFT collector, purchased CryptoPunk #685 on...
Borrowing
Borrowing Against a Bored Ape NFT—What Could Go Wrong?
Decrypting DeFi is Decrypt's DeFi email newsletter. (art: Grant Kempster)Non-fungible tokens (NFTs) are getting a major facelift.“Life was a whole...
Ankr Exploit Causes Collateral Damage
Decentralized Web3 infrastructure provider Ankr sought to reassure its community Friday with an initial response to the theft of at...
Compound Caps Borrowing Levels for 10 Assets to Reduce Risk
COMP Tokenholders Vote to Limit Debt After Aave Freezes Lending Pools Another DeFi lending protocol is reducing risk a day...
Singapore Wants to Prohibit Retail From Borrowing Funds for Crypto Investing: Report
Singapore authorities have proposed a new set of regulatory measures to oversee the use of digital assets in the country...
Singapore proposes borrowing ban to fund crypto purchases
Singapore proposed to ban retail investors from borrowing to fund cryptocurrency purchases, part of a slew of suggestions to further...
Kulfi Finance : A fixed rate lending and borrowing DeFi market on Cardano
Today, DeFi can only serve a small segment of the Lending & Borrowing market in Crypto because interest rates are...
Degens borrowing ETH to get fork tokens create headaches for DeFi platforms
The growing number of speculators taking out Ether (ETH) loans to maximize their potential to earn forked Ether proof-of-work tokens...
Aave votes to pause ETH borrowing following concerns of users trying to maximize ETHPoW airdrops
Aave has voted to suspend Ethereum borrowing ahead of The Merge in a vote that received a 77.87% majority in...
Compound v3 “Comet” launched with support for single borrowing model
The third iteration of Compound called “Comet” will support single interest-bearing assets as the lending protocol undergoes a major upgrade.With...