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
PBOC Leverages Technology in Financial Sector to Safeguard China's Economic Prospects
- China's PBOC prioritizes tech-driven finance, digital yuan (ECurrency), and "Five Major Articles" to align financial reforms with real economy needs. - Strategic focus supports semiconductors, EVs, AI, and clean energy sectors under the five-year plan to reduce foreign tech reliance and boost competitiveness. - Digital currency research aims to streamline transactions, enhance policy effectiveness, and position China as a CBDC innovation leader amid global trends. - Inclusive/green finance initiatives ad

Dogecoin Latest Updates: BlockchainFX Claims 500x Returns—Will Practical Applications Surpass Meme Coin Hype?
- Crypto whales are shifting focus to utility-driven projects like BlockchainFX (BFX), which raised $9.7M in presale and targets 500x ROI by 2025, as meme coins like Dogecoin and Shiba Inu lose momentum. - BlockchainFX's hybrid platform integrates crypto, stocks, forex, and commodities trading with a deflationary staking model, offering real-world utility via its BFX Visa Card and 30% presale bonus. - Institutional backing and traditional finance integration (e.g., Visa's stablecoin initiatives) highlight

XRP News Update: SEC Postponements and Major Holder Sell-Offs Drive XRP Under $2.50 Despite ETF Optimism
- XRP fell below $2.50 in October 2025 due to whale selling, SEC ETF delays, and macroeconomic pressures, per CoinoTag. - Institutional and retail investors exacerbated the selloff amid regulatory uncertainty, while Ripple's co-founder sold $120M in XRP. - A $1.8T mutual fund's XRP ETF application and RLUSD's $1B valuation signal long-term institutional confidence in the asset. - Technical analysis suggests potential rebound above $2.40, but a drop below $2.10 risks further declines to $1.80 support. - Reg

Solana News Update: Fidelity Supports Solana’s Rapid Expansion Despite Ongoing Stability Issues
- Fidelity expands crypto offerings by adding Solana (SOL) to its platforms, enabling U.S. investors to trade the high-speed blockchain asset. - Solana's 60,000 TPS and low fees position it as a DeFi and RWA hub, with recent Hong Kong ETF approval and institutional staking partnerships boosting adoption. - Despite network outages and hardware challenges, Solana gains traction as the third crypto ETF-approved asset in Asia, with JPMorgan forecasting $1.5B in U.S. inflows. - Analysts remain divided on SOL's

