A roughly 3% decline in PT-reUSD triggered about $36.4 million in liquidations on decentralized lending platform Morpho on Tuesday, highlighting the risks of highly leveraged crypto lending strategies. PT-reUSD is a principal token created through Pendle and linked to reUSD, a dollar-denominated yield-bearing asset. Pendle allows users to split yield-generating assets into principal tokens (PT) […]
Category: News
By Bitcoinist Editorial Team TAC, a Cosmos-based EVM sidechain connected to the TON ecosystem, has halted block production after a supply-related exploit. The incident occurred on August 22, according to public incident materials. TAC connects Ethereum-based applications with the TON network, but the exploit affected the TAC sidechain and its token supply, not the main […]
By Bitcoinist Editorial Team BNB Smart Chain is preparing to activate its Pasteur hard fork on mainnet on August 25 at 02:30 UTC. The upgrade introduces several network changes, including BEP-682 for bridge verification, BEP-695 for validator governance, and BEP-675 for block processing capacity. Node operators are required to update their software client to version […]