CoinsAQ summary · neutral
Echo Protocol halts new deposits and borrowing as it winds down
What happened
The Bitcoin-focused DeFi protocol on Aptos gave borrowers until November 14 to repay loans and set a final November 19 cutoff for withdrawals Echo Protocol, a Bitcoin-focused DeFi protocol on Aptos, is winding down after nearly two years and has halted new deposits, new.
Related asset context
Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.
Continue researching
Related stories
beincrypto3h ago
18 Years of Satoshi’s Paradox: Can Bitcoin Survive What Comes Next?
cryptopotato4h ago
Tether Posts $1.5B Q3 Profit as Reserve Buffer Nearly Doubles to $8B
The stablecoin giant also ended September with more than $190 billion in assets backing its flagship asset.
cryptoslate6h ago
Banks are owed $349B by private credit funds that may not be collecting cash from borrowers
Private credit funds owe banks $349 billion while some borrowers defer cash interest, creating risks for lenders and Bitcoin.