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- China's first green bond settled in digital yuan, '23 Xi Industrial GN010,' issued in the interbank bond market.
- Ningbo Bank is the lead underwriter, and the issuer is Wuxi Industrial Development Group Co., Ltd.
- Bond size is 100 million yuan with a 2-year term, intended for repaying bank loans from photovoltaic projects.
- Projects include 'Wuxi Ruituo Photovoltaic Annual Production 1.4GW High-efficiency Solar Cell Expansion' and '1GW High-efficiency Component New Construction.'
- The bond carries a coupon rate of 2.6%, marking a low for same-term bonds in the province this year.
- Silo Finance, a decentralized lending protocol, has launched Silo Llama on the Ethereum mainnet.
- Silo Llama uses crvUSD as its primary cross-chain asset.
- The platform employs a risk isolation design, with individual token assets having their lending markets paired with crvUSD.
- Lenders using crvUSD can borrow various token assets without being affected by other markets' activities on the protocol.
- Initial liquidity pools on Silo include CRV, LINK, rETH, OHM, YFI, LQTY, USDC, UNI, LDO, cbETH, and SNX.
- DeFi lending protocol, Exactly Protocol, is undergoing an investigation into security concerns.
- In response, the protocol has been temporarily suspended to address the issues.
- Despite the suspension, users retain the ability to withdraw their assets from the platform.
- DeFi lending protocol Exactly Protocol suffered a loss of 7,160 ETH (around $12.04 million).
- Security firm De.Fi has pinpointed two attackers exploiting the protocol by repeatedly using the kick() function.
- Attackers leveraged Across Protocol to bridge 1,500 ETH.
- Their strategy involves funding their Ethereum contract, depositing funds into Optimism, and transferring stolen funds back to Ethereum.
