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Bancor pauses impermanent loss protection citing ‘hostile’ market conditions
Bancor, a decentralized finance (DeFi) protocol often credited as the pioneer of the DeFi space, paused its impermanent loss protection (ILP) function on Sunday, citing “hostile” market conditions.
In a blog post on Monday, the…
Crypto lending can still survive bear market, analyst says
The ongoing bear market on cryptocurrency markets is too harmful to industry lenders, but the concept of crypto lending can still survive the bloodbath, according to some industry experts.
Cryptocurrency lending is a type of crypto service…
Need More Time to Resume Operations: Celsius Network
Crypto lender Celsius Network said Monday that it needs more time to resume its operation by stabilizing its liquidity and further pausing activities on Twitter.
The company's announcement came one week after the suspension of…