CEO of defunct yield protocol says user deposits weren’t 'principal protected'
The South Korean platform Delio collapsed last year due to counterparty exposure to Haru Invest, another South Korean crypto yield giant.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The South Korean platform Delio collapsed last year due to counterparty exposure to Haru Invest, another South Korean crypto yield giant.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
XRPL’s $1.34 billion stablecoin base doesn’t tell us how much XRP users need
Tracked stablecoins on the XRP Ledger totaled $1.338 billion on Oct. 7. For XRP holders, the critical question is how much activit...
Aave’s USDG rollover plan has a yield below most quoted borrowing rates
Aave’s proposed USDG rollover would let borrowers carry their stablecoin debt into a new fixed-yield USDG position, but the replac...
Luxor’s reported 6–13% annualized Bitcoin yield depends on mining delivery
Luxor, a Bitcoin mining derivatives provider, reported a 6–13% annualized Bitcoin financing spread in its September lookback, publ...
Jeonbuk Bank launches South Korea’s first Bitcoin-backed loans for corporate clients
Jeonbuk Bank's Bitcoin-backed loans could catalyze broader crypto adoption in South Korea, influencing regulatory and financial la...
Ledger User Reports Hardware Implant in Wallet Bought in Europe
Ledger says all confirmed cases tied to its October 9 fund-draining investigation involve Southeast Asian reseller CryptoBilis, wh...
PeckShield traces $3.89 million from Ledger wallet drain to Binance deposits
The incident highlights vulnerabilities in hardware wallet supply chains and the challenges of tracing stolen crypto across decent...