Bill Barhydt confirmed the settlement, emphasizing that Abra “has never (ever) frozen withdrawals for U.S. users” and “voluntarily wound down” its “Earn” and “Boost” programs in...
The funding round highlights the increasing demand for solutions to the critical challenges plaguing DeFi lending, underscoring the urgent need for innovative solutions.
The average APR offered by blockchain credit protocols is 9.65% compared to an average personal loan interest rate of 11.5%, data shows.
The DeFi lending and borrowing protocol has confirmed it was affected by a malfunctioning Binance price oracle but confirmed user funds were safe.
Through a software upgrade, Umee UX Chain code will be implemented on Osmosis, combining the two networks.
