LSR

  • dForce Resumes USX Casting Service through LSR

    On March 15th, according to official news, dForce announced the resumption of the service of casting USX through LSR, and users can already save USX into dForce Lending. DForce Announces Resumption of USX Foundry and Deposit Services Analysis based on this information:dForce, the blockchain-based platform, has announced the resumption of its USX casting service through LSR, according to official news released on March 15th. This development means that users can now start saving USX into dForce Lending. This announcement follows the temporary suspension of dForce’s services in April 2020, which was triggered by an attack that saw the hacker make away with $25 million worth of cryptocurrency. The attack which exploited re-entry vulnerability targeted the company’s lending protocol. However, dForce was quick to respond, and the team worked tirelessly to implement enhanced security measures to prevent further attacks. Currently, dForce Lending supports four stable coins, including USDT, USDC, DAI, and now USX. Users can earn interest by providing liquidity to…

    03/15/2023
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  • dForce Temporarily Halts USX Deposits Due to Counterparty and Market Risks

    On March 11, the official of the DeFi agreement dForce said on social media that in order to mitigate potential counterparty risk and market risk, we temporaril

    03/11/2023
    68