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Sberbank and T-Bank have applied for digital depository status

Sberbank and T-Bank have applied for digital depository status and plan to begin trading crypto assets in December. The Bank of Russia previously announced plans to launch an official legal cryptocurrency market by the end of the year. Banks will become the main participants in Russia’s official cryptocurrency market. Strict requirements have been established for credit institutions: investments in cryptocurrency are limited to 1% of capital, according to Yuri Belikov, Managing Director of Exper
GateRussiaCrypto·10-06 11:55
Sberbank and T-Bank have applied for digital depository status

XRPL Lending Protocol Turns Idle Assets Into Credit

XRPL's proposed Lending Protocol would allow assets in single-asset vaults to fund fixed-term loans. This turns idle XRP, stablecoins, or tokenized assets into deployable credit. Unlike most DeFi lending systems, borrowers would not necessarily post crypto collateral that can be automatically
XRP-1.15%
AAVE-1.22%
RLUSD+0.00%
GateEcosystemHub·10-06 10:33
XRPL Lending Protocol Turns Idle Assets Into Credit

Set Protocol Loses 5.08 ETH in actualizeFee() Function Exploit

Set Protocol reported a loss of approximately 5.08 ETH due to a security exploit, as highlighted by CryptoTwitter commentator @SlowMist_Team. The exploit was linked to a flaw in the actualizeFee() function, which allowed the attacker to redeem collateral from a rounding error. This incident raises c
ETH-1.26%
GateCryptoDesk·10-06 10:32
Set Protocol Loses 5.08 ETH in actualizeFee() Function Exploit