Wemix.fi suspends lending services due to Stable Coin liquidation issues

DailyNews

2024-07-30 21:58:05

Golden Finance reported that the Decentralized Finance platform Wemix.fi of Cryptocurrency Wemix announced the suspension of lending services on July 30. Wemix.fi stated that the suspension of lending and liquidation functions is related to issues related to the liquidation of the Stable Coin WEMIX pegged to the US dollar on the platform. The announcement promised to soon release a notice of service restoration. Wemix.fi did not provide detailed information on the liquidation of its Stable Coin.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

XiaoXiaoyu

· 2024-07-31 02:10

What does this mean? Is there another problem again [cold sweat]

View OriginalReply0

Michael9

· 2024-07-31 00:52

bull rebound 🐂

View OriginalReply0