Crypto lending protocol Wildcat says Kinto default poses 'no risk of contagion' for outstanding loans
-
最新报道：Wildcat Labs confirms the first default on its platform following the shutdown of Kinto's Ethereum Layer 2 and modular exchange, citing insufficient assets to repay the $1.55 million debt from the Kinto Phoenix Facility. After a summer exploit drained lending pools, Kinto's recovery plan involving a new token and $1 million raise failed to secure further financing. Lenders will recover 76% of principal from remaining foundation assets, with withdrawals processed in pro-rata batches after September 30. Wildcat emphasizes the default is isolated to this facility, with no contagion risk to its $150 million outstanding credit.
下一篇
Ethereum and Altcoin Whale Activity as Leading Indicators of a Bull Market
- In late 2025, Ethereum and altcoin whale activity signals a maturing bull market, with cap...
24小时热点
热点专题
418154