EntryCrypto

AlphaFi Winds Down After Oracle Error, With Sui Foundation Support

The Defiant · · DeFi

AlphaFi is winding down its Sui-based lending protocol AlphaLend after an ALPHA oracle misconfiguration created bad debt, with the Sui Foundation stepping in to support its solvency, Sui said Friday. AlphaFi said certain loans backed by ALPHA had become substantially undercollateralized. “That...

Read the full story at thedefiant.io → Save

Related

  1. Coinbase, Kalshi and Payward backs CFTC in lawsuit over single-stock perp futures

    The Block · · Exchanges · Regulation

  2. Bitcoin faces U.S. CPI test as analysts warn inflation relief may not be enough

    CoinDesk · · Regulation · Bitcoin

  3. Securitize shares surge 12% in after-hours trading on Q3 results and River One acquisition agreement

    The Block · · DeFi · Markets

  4. Securitize Agrees to Buy River One to Add Asset-Backed Lending

    The Defiant · · DeFi

  5. North Korean hackers create memecoins to launder funds from Binance hack: Elliptic

    Cointelegraph · · Security · Exchanges

  6. Binance Hack Launderers Mint Elon Musk and Animal Meme Coins to Move Stolen Crypto

    Decrypt · · Security · Exchanges

  7. PNC Bank tests turning USDC payments into dollar deposits

    Cointelegraph · · Ethereum · DeFi

  8. TD Cowen Gives Stablecoin Yield Ban 10% Odds as Banks Plan Push in Democrat-Led Congress

    Bitcoin Magazine · · Regulation · Bitcoin

Sign-up links: Binance · OKX · Bybit . Referral links.