# MakerDAO voting on 0M loan participation with Florida commercial bank

# MakerDAO voting on $100M loan participation with Florida commercial bank

” MakerDAO voting on $100M loan participation with Florida commercial bank “ Crypto lending platform MakerDAO is voting on a new proposal to bring another commercial bank into its ecosystem, strengthening the connection between decentralized finance (DeFi) and traditional finance.  As per MakerDAO’s governance forum, Cogent Bank — a Florida-based commercial bank — is proposing to…

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# Genesis unsecured creditors’ committee appointed

# Genesis unsecured creditors’ committee appointed

” Genesis unsecured creditors’ committee appointed “ A seven-member committee has been appointed to represent the interests of unsecured creditors in Genesis Global bankruptcy case, according to court filings on Feb. 4.  The committee will represent the creditors in court, having the right to be consulted before major decisions and to participate in the reorganization…

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# BonqDAO protocol suffers 0M loss after oracle hack

# BonqDAO protocol suffers $120M loss after oracle hack

” BonqDAO protocol suffers $120M loss after oracle hack “ A small-scale decentralized autonomous organization (DAO) has suffered a rather sizeable smart contract exploit leading to an estimated $120 million being stolen from its protocol. BonqDAO, which is behind the Bonq protocol, told its Twitter followers on Feb. 1 that its protocol was exposed to…

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# What is Solend and how does it work

# What is Solend and how does it work

” What is Solend and how does it work “ Solend is a decentralized lending and borrowing protocol built on Solana. It is lauded for expanding the methods available for Solana users to boost financial gains. Filling a large gap in the Solana ecosystem, Solend drew a staggering $100 million in deposits in just over…

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