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CATEGORY: bad debt

NFT lending protocol Bend DAO proposes emergency changes amid credit crisis
Author: Cointelegraph By Zhiyuan Sun
United States
Source: Cointelegraph.com News
Aug 23, 2022 12:00

NFT lending protocol Bend DAO proposes emergency changes amid credit crisis

"We are sorry that we underestimated how illiquid NFTs could be in a bear market when setting the initial parameters," says the Bend DAO dev team.

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CoinFlex CEO says withdrawals unlikely to resume on Thursday
Author: Cointelegraph By Felix Ng
United States
Source: Cointelegraph.com News
Jun 30, 2022 08:20

CoinFlex CEO says withdrawals unlikely to resume on Thursday

CoinFlex CEO Mark Lamb said more time was needed before the exchange can reopen its platform for user withdrawals.

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