Author: NBTC

PancakeSwap and ListaDAO are monitoring several vaults where sUSDX and USDX are used as collateral. The vaults show alarmingly high borrowing rates, as well as no repayments. PancakeSwap and ListaDAO announced they are observing lending vaults on MEV Capital and Re7 Labs. The vaults hold USDT and USD1 as stable and liquid assets, but use the more volatile sUSDX and USDX as collateral. We are aware and has been closely monitoring the @MEVCapital USDT Vault and @Re7Labs USD1 Vault, where collateral assets ($sUSDX and $USDX) continue facing abnormally high borrowing rates without repayment activity. As an on-chain P2P lending protocol,…

The Central Bank of Bolivia has taken preliminary steps to implement an interbank wholesale CBDC, saying it could benefit the modernization and security of the country’s financial system. By contrast, a retail‑based system would offer limited benefits. Central Bank of Bolivia Plans Implementation of Wholesale CBDC, Disregards Retail Focus The Facts: The Central Bank of Bolivia has issued the first report that evaluates the implementation of the digital boliviano, a national central bank digital currency (CBDC) to modernize Bolivia’s financial system. In the report, the bank acknowledges that such a currency would allow private banks to optimize high-value transactions and…

The decentralized finance market continues to run hot, with TelosC and Euler allegedly experiencing liquidity drain. According to PeckShield, several TelosC vaults launched on the Euler platform have reached 100% utilization. Simply put, all funds have already been lent out, and liquidity providers are currently unable to withdraw their money. Euler is a decentralized lending protocol, sort of a “DeFi bank,” where users deposit tokens and receive interest, while others borrow them against collateral. TelosC is one of the “risk curators” within Euler, managing separate liquidity vaults where it sets the rules for loans and returns. Several assets are under…

Stablecoins are rapidly emerging as the backbone of a new global credit infrastructure, and Visa’s latest analysis highlights explosive lending growth, surging user adoption, and institutional momentum transforming capital access across decentralized and traditional financial systems. Visa Highlights Explosive Growth of Blockchain-Based Credit Markets The surge in blockchain-based credit markets is redefining how traditional finance approaches lending, according to a new analysis by Visa Inc. (NYSE: V). In its report titled “Stablecoins Beyond Payments: The Onchain Lending Opportunity,” released last week, Visa outlined how stablecoins have transitioned from being used primarily for payments to serving as the foundation of an…

Ripple Chief Technology Officer (CTO) David Schwartz has pushed back against compulsory use of DeFi compliance tools. Schwartz highlighted the disadvantages of making the use of Decentralized Finance (DeFi) features mandatory. Protocol-level compliance debate David Schwartz emphasized in an X post that compliance features at the protocol level are optional tools, not mandates. He explained that features generally enable people to do things if they wish to. According to the Ripple CTO, DeFi protocols should offer capabilities without imposing them. To him, if adoption happens, it should be the user’s choice, not coercion. Thia comment from Schwartz is a direct…

A seasoned crypto trader has defied October’s market turmoil, pocketing roughly $17 million in profit from long positions on Bitcoin and Ethereum. Data from Arkham Intelligence shows that the trader, identified as “0xc2a,” opened long positions shortly before last week’s market rebound. Bitcoin and Ethereum subsequently gained 4% and 2%, respectively. The Crypto Whale Holds Nearly $300 Million in Long Position The trader’s precision came after one of the crypto market’s most volatile stretches, when more than $20 billion in leveraged positions were wiped out on October 10. The market chaos began after President Donald Trump announced a 100% tariff…

Modular oracle network RedStone launched Credora, a decentralized finance (DeFi)-native risk ratings platform aiming to bring transparency and credit analytics to lending protocols. RedStone said on Thursday that it had expanded beyond price feeds into the broader domain of credit, collateral and risk intelligence through its Credora acquisition in September. At launch, Credora by RedStone integrates with DeFi lending markets Morpho and Sparks to offer dynamic risk scores and default-probability analytics, accessible through an API. RedStone co-founder Marcin Kaźmierczak said the launch marked a pivotal step toward the “Low-Risk DeFi” movement, which aims to strike a balance between yield generation…

Binance founder and former CEO Changpeng Zhao (CZ) is preparing to return to the spotlight after receiving a pardon from US President Donald Trump. Just hours after the pardon was announced, Zhao posted a statement on social media platform X, saying, “I am grateful to President Trump for today’s pardon and for upholding America’s commitment to justice, innovation, and fairness. We will do everything we can to make America the capital of cryptocurrencies.” The pardon marks a remarkable comeback for Zhao, who resigned as Binance CEO nearly two years ago after pleading guilty to charges of failing to prevent money…

Stream Finance, a yield-optimization focused DeFi project that issued a synthetic dollar token called xUSD, told users on Nov. 4 that an “external fund manager” had lost about $93 million in assets tied to the project. Staked Stream USD (xUSD) 7-day price chart. SourceL CoinGecko Within a day, xUSD lost over 85% of its value, collapsing from $1.26 to as low as $0.16 by press time. Withdrawals from the platform were frozen, and a dense web of interconnected yield vaults began to unwind, raising questions about how much of DeFi’s apparent growth was built on what are known as circular…

One whale took out $114.9M from Aave, taking most of the liquidity in its USDT vault. The loan increased the vault utilization to 92.83%, breaking above the preferred limit of 92%. The whale’s outsized loan broke the balance of vault utilization on Aave, above the maximum threshold of 92%, showing the potential fragility of DeFi lending and threatening to block the funds of lenders. Crypto lending has grown in the past year, becoming one of the main sources of yield. Lending protocols competed on their yield, and the top platforms were usually conservative. Aave remained solvent and had normal loan…