Balance stablecoin collapses 99% after $1 million exploit drains its bitcoin vaults
An attacker fed the lending system a fake, abnormally low bitcoin price, liquidated vaults that should have been safe, and pocketed the difference in a single…
Morpho launches fixed-rate lending protocol on Base
Morpho Midnight introduces fixed rates and defined maturities alongside Morpho Blue’s variablerate lending markets. Source:Cointelegraph
Federal Reserve Board issues enforcement action with former chief lending officer of Heritage State Bank
Federal Reserve Board issues enforcement action with former chief lending officer of Heritage State Bank Source:Federal Reserve
Aave launches V4 on Avalanche, laying groundwork for tokenized credit markets
The deployment marks Aave V4’s first expansion beyond Ethereum and introduces lending infrastructure designed to support future markets for tokenized realworld…
UK government defers capital gains on certain crypto with ‘no gain, no loss’ approach
The change in tax policy, expected to impact about 700,000 people in the UK, was related to the disposal of crypto in lending and liquidity pools.…
Japan’s SBI to launch yen stablecoin lending with 3% yield
SBI VC Trade will open JPYSC lending applications on July 16, offering an initial 3% annual rate for a 12week term without deposit insurance.…
Lending protocol Bonzo loses 77% of value locked as $9 million oracle exploit rattles Hedera
Bonzo Lend lost approximately $9.05 million after an attacker exploited a verification flaw in a thirdparty Supra oracle contract on the Hedera network.…
Japanese lender launches Bitcoin-backed loans of up to $6.2M
CRYL is offering Bitcoinbacked loans to individuals and businesses as Japanese firms explore broader uses for BTC in lending and credit markets.…
EU lawmakers adopt digital assets policy stance after MiCA transition ends
The European Parliament adopted a digital assets report calling for further assessment of DeFi, staking, crypto lending and NFTs after MiCA’s transition period…
Condos are getting cheaper — but list prices don’t include this fast-growing hidden cost
New lending requirements, rising insurance premiums and aging buildings have contributed to the rising cost of condo ownership. Source:MarketWatch
Aave brings V3 lending and GHO stablecoin to Monad
Aave launched its V3 lending protocol on Monad with 12 supported assets as the network commits $15 million in firstyear incentives to build liquidity and…
Morpho poised to scale as DeFi infrastructure play, Standard Chartered says
The bank initiated coverage of Morpho with a $60 end2030 price target, saying its DeFi lending and onchain infrastructure businesses are positioned to benefit…