News with the tag "Venus"

NFT trading volume on BNB Chain increased 283% quarter-on-quarter in Q3, driven by whales as average daily buyers fell over 50%, according to Messari.

ETH price struggles to find reasons to rally after the network’s DApp volumes drop and Ether languishes near the $2,250 support.

An error on the Binance Oracle application has led to false reports of Venus Protocol’s hack, resulting in an 11.5% drop of XVS price. Brad Harrison, Head of Venus Labs, took to X on Dec. 10, 2023, to explain that…

The DeFi lending and borrowing protocol has confirmed it was affected by a malfunctioning Binance price oracle but confirmed user funds were safe.

A widely followed crypto trader says two prime setups have formed on two low-cap altcoin projects. Pseudonymous analyst and trader Altcoin Sherpa tells his 196,000 followers on the social media platform X that he’s watching decentralized finance (DeFi) lending platform Venus (XVS), and proof-of-work...

BNB's downtrend has brought a notorious lending position arising from the October 2022 BNB exploit into focus.

In a complex tangle of smart contracts, governance proposals, and fluctuating crypto prices, the financial health rate of the infamous Binance BNB Bridge exploiter address (0x48…9bec) has fallen below the critical value of 1, hovering at 0.99. This development is of particular interest, given that t...

The perpetrator who hacked Binance’s internal cross-chain bridge last year and looted $570 million worth of Binance Coin (BNB) just got some of their stolen funds liquidated. In October, the hacker in question exploited BSC Token Hub, the cross-chain bridge between the BNB Beacon Chain (BEP2) and th...

According to Coinglass, the crypto market witnessed more than $1.04 billion in liquidations during this period. Of this, a BNB position on the Venus lending protocol belonging to the perpetrator of the BSC bridge $560M hack was liquidated. The BSC Bridge Hack: Understanding One of Crypto’s Biggest E...

The Venus Protocol has officially launched its VIP-129 governance proposal that focuses on migrating the TUSD contract on the BNB Chain