Pac Finance Sees $24 Million Liquidated After Unannounced LTV Adjustment
Defi protocol Pac Finance suffered $24 million in liquidations due to a sudden change in parameters made by a developer
A subset of the bitcoin and blockchain businesses called “decentralized finance,” or “DeFi,” is devoted to offering a decentralized version of traditional financial possibilities. In the modern world, financial institutions give their clients access to options like loans and cash storage. These services are, however, controlled by centralized organizations.
DeFi solutions frequently give customers greater flexibility in terms of how they store and manage their own assets.In addition, DEXs, as opposed to trading on centralized digital asset platforms, further decentralize the trade of digital assets. We bring the latest and most transparent DeFi news to our readers out there. Our writers review and write about the best DeFi projects out there, bringing out the pros and cons and the potential impact of DeFi.
Defi protocol Pac Finance suffered $24 million in liquidations due to a sudden change in parameters made by a developer
Edgar Pavlovsky, the founder of MarginFi, one of the leading DeFi platforms on Solana has put his resignation amid controversy
Etherfi has solidified its position as the leading protocol in the burgeoning liquid restaking (LRT) market. Data from DeFiLlama shows
EigenLayer, the highly anticipated Ethereum restaking protocol, made its debut on the mainnet this Tuesday afternoon, marking a significant milestone
The cryptocurrency market is a dynamic landscape, with various sectors showing promising growth and potential for investors. Among the sectors
Frax Finance, a prominent player in the decentralized finance (DeFi) lending space, has announced a $250 million allocation to bolster
The dYdX derivatives exchange protocol recently experienced an unexpected halt in operations. This event marks a significant challenge for the
DWF Labs has once again made waves by purchasing a substantial amount of $CRV tokens. As highlighted by Spot On
The Aave DeFi lending protocol is proposing significant changes to how it handles the DAI stablecoin as collateral amidst MakerDAO’s
According to data from DeFiLlama, there is a significant shift in the Total Value Locked (TVL) standings between two major
Santiment, a market intelligence platform, has revealed the top DeFi-related coins based on development frequency. Osmosis (OSMO) emerges as the
DEX aggregator ParaSwap recently identified a critical security issue within the Augustus V6 contract used in approved aggregator smart contracts.
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