Venus Labs plans to compensate eligible users who suffered losses due to the decoupling of WBETH prices
Venus Protocol posted on X platform, stating that some Venus users were affected by the decoupling of WBETH prices during the market turmoil. Venus Labs will compensate verified users who suffered losses due to the WBETH decoupling issue that occurred between 21:36 and 22:16 (UTC) on October 10, 2025 through the protocol risk fund.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fed Rate Reductions Spark Refinance Boom: Mortgage Rates Drop to Lowest Point in a Year
- U.S. mortgage rates hit a 1-year low of 6.19% (30-year fixed) by October 2025, driving refinancing to 54% of total mortgage activity, per Freddie Mac and Zillow data. - Federal Reserve rate cuts and moderating inflation contributed to the decline, with experts predicting further reductions as economic growth slows and job markets weaken. - Existing-home sales rose 1.5% in September to 4.06 million units, while inventory hit a 5-year high, though median prices rose 2.1% to $415,200. - Fannie Mae and MBA r

Japan's JPYC Seeks to Dominate Asia-Pacific Commerce Using a Regulated Digital Yen
- Japan's JPYC Inc. launched JPYC, a yen-pegged stablecoin fully backed by bank deposits and government bonds, marking the country's first regulated digital yen. - The stablecoin aims to compete with dollar-pegged alternatives in Asia-Pacific trade, targeting 10 trillion yen issuance within three years while complying with Japan's strict anti-money laundering laws. - Seven firms and crypto wallet HashPort have pledged JPYC integration, but face competition from Monex Group and major banks developing rival

Digital Property, Tangible Rights: Court Recognizes Legal Ownership of Cryptocurrency
- India's Madras High Court ruled cryptocurrency as legal property, reshaping digital asset regulations. - The decision emerged from a WazirX hack case, protecting XRP tokens from loss-sharing under Indian jurisdiction. - Citing global precedents, the court emphasized crypto's transferability and private-key governance under tax laws. - Experts praise the judgment for strengthening consumer rights but highlight fragmented regulatory gaps in India. - The ruling pressures policymakers to balance innovation w

Bitcoin Updates: Fundamental Changes Extend Bitcoin’s Bull Run, 2026 High on the Horizon
- Bitcoin's bull market remains intact as 30 key indicators remain untriggered, suggesting potential extension into early 2026. - Institutional confidence grows with $20.3M ETF inflows and strong on-chain accumulation, while structural factors like macroeconomic trends prolong the cycle. - Geopolitical developments and Fed policy uncertainty create volatility, but Bitcoin's dominance (59.1%) and low selling pressure indicate sustained institutional support. - Analysts highlight undervalued altcoins and cau

