Binance Lending will close all BUSD lending and staking positions on October 25, 2023

Binance Faces Yet Another Class Action Suit Amidst BUSD Lending Exit

Amidst yet another Class Action lawsuit, Binance is set to discontinue its borrowing and lending services associated with its native stablecoin BUSD by 25 October.

Lending Platform MakerDAO Approves ‘Constitution,’ Moves Forward With ‘Endgame’ Plan

Aave Advances Plan to Nix Borrowing, Lending of Binance’s BUSD Stablecoin

DeFi Protocol Sushi to Shutter Lending Product to Focus on DEX

The decentralized exchange holds over $390 million in locked tokens as of Tuesday.

SushiSwap Axes Lending Protocol and Token Launchpad

Ethereum-based decentralized finance (DeFi) protocol SushiSwap has made the decision to shut down Kashi, its lending protocol, and Miso, its token launchpad.

Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals

The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.

Liquidity Crunch Spreads to Crypto Lending

Multiple crypto investment firms received a “warning” label on lending protocol Clearpool for draining almost the maximum amount of credit from their credit pools.

DeFi Lending Protocol Moola Market Exploited for $8.4 Million

DeFi lending platform Moola Market has been exploited for $8.4 million, according to various sources.

Crypto Lending Platform Celsius Discloses A New Recovery Plan

Crypto lending platform Celsius Network had filed for bankruptcy on July 13. A month prior to that the crypto lender ...

Lending Platform Celsius Freezes Withdrawals, Raising Liquidity Concerns

Celsius has announced that it has paused all withdrawals on its platform from the early hours of Monday. The lending ...