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.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
"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.
Why this matters
This nft 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
CFTC proposes a divide between prediction contracts and sportsbook wagers
The Commodity Futures Trading Commission announced two actions on Oct. 9 seeking to clarify the federal regulatory boundary betwee...
France proposes exit tax on crypto holders moving abroad with €800K
France's proposed crypto exit tax could deter wealthy investors from relocating, impacting the country's crypto market dynamics an...
CFTC proposes new swap definition to regulate prediction markets
The CFTC's proposal could redefine prediction markets' regulatory landscape, impacting their growth, jurisdiction, and operational...
CFTC proposes treating event contracts as swaps while excluding casino gambling
The CFTC's proposal could enhance regulatory clarity, potentially boosting market confidence and influencing the future of event-b...
NEAR Protocol gains 83% in four weeks, leaving Bitcoin and Ether behind
NEAR Protocol jumped 83% in four weeks, beating Bitcoin and Ether, fueled by the Bitwise NRR spot ETF debut and $31-33 billion in...
Onchain money is flowing into Treasuries, gold, and asset-backed credit
The shift to tokenized RWAs in DeFi could impact liquidity and stability, with concentrated ownership posing systemic risks in vol...