On April 4, Ethena Labs revealed plans to onboard BTC as a backing asset for USDe to create a safer product for its The agency mentioned:“After the unprecedented development or USDe since launch, Ethena hedges characterize ~20% of ETH…
Contagion
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Exchanges
Crypto Agency Orthogonal, Sufferer of FTX Contagion, Now Faces Inner Dissent
by Jeremyby JeremyShortly after Orthogonal bought served with default notices on $36 million of crypto loans from Maple Finance, the agency’s credit score crew printed an announcement saying it was “speechless” and unaware of the extent of the buying and selling crew’s…
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Altcoin NewsNews
DeFi ecosystem nonetheless haunted by FTX contagion: Finance Redefined
by Jeremyby JeremyThe FTX contagion that began within the second week of November continues to be haunting varied crypto protocols within the DeFi The most recent to fall prey to the contagion consists of the Solana-based decentralized trade (DEX) Serum, of…
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Altcoin NewsNews
Crypto buying and selling agency Auros International misses DeFi cost as a result of FTX contagion
by Jeremyby JeremyInstitutional credit score underwriter M11 Credit score, which manages liquidity swimming pools on Maple Finance, informed its followers in a 30 Twitter thread that the Auros had missed a principal cost on the two,400 wETH mortgage, which is value…