CoinsAQ summary · neutral
Lido’s proposed exits would pay lenders with borrower collateral
What happened
Lido’s proposed Fallback Exits would use borrower collateral and reduce debt when lenders withdraw. Eligibility and settlement terms await specifications.
Related asset context
Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.
Continue researching
Related stories
FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses
FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses While the FBI listed hundreds of addresses in its notice, Chainalysis said the Binance attackers have already used "thousands addresses," and expects this.
US Sanctions Two Russians Over North Korean IT Workers’ Crypto Cash-Outs
The US action targets the cash-out stage of a scheme that the UN estimates generates $250 million to $600 million annually for North Korea.
Jupiter Lend’s withdrawal liquidity rebounds from near zero to 29 million USDC
Jupiter Lend reported about 29 million USDC available for withdrawals at 09:25:56 UTC on October 31, after near-zero liquidity the previous afternoon.