Decentralized Lending Protocol Centrifuge Accrues $6M Unpaid Debt

Centrifuge’s loan dashboard also shows there are four loans worth $3.3 million late with payment in its REIF pool, which provides capital to finance commercial real estate mortgages. However, REIF Fin...

Solend accrues $6 million in bad debt from a single underwater loan

Solend, a lending protocol on Solana, has accrued a bad debt of more than $6 million from a large underwater position. After a sharp fall in the price of solana (SOL) — down about 50% in the las...

RichQUACK’s Staking Pool Accrues $1 Million TVL in Week Since Launch

RichQUACK, a hyper-deflationary token backed by a community of more than 209,000 on Twitter and 50,000 on Telegram, launches its staking pool, accessible to holders of its native $QUACK token through ...