Tag: BarnBridge

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Ethereum DeFi Protocol BarnBridge Faces SEC Action and Fines, Opens Token-Holder Voting

Decentralized finance (DeFi) lending project BarnBridge has announced a token-holder voting to tackle the legal charges that the project is facing from the US Securities and Exchange Commission (SEC), along with fines. BarnBridge confirmed in July that is it facing a probe from the US regulators and halted “all work” related to the project in…
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BarnBridge DAO calls halt to ‘all work’ on DeFi protocol amid SEC probe

Some DAO members joked about the situation, while others believed an ulterior motive might be at play. BarnBridge DAO members have been told to pause “all work” related to the project after a reported probe by the United States Securities and Exchange Commission (SEC). In a July 6 post to the platform’s Discord channel, Douglas…
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This little-known DeFi crypto token has rallied over 800% in a month

While an ongoing technical divergence between BOND’s price and volumes suggests upside exhaustion. A new and relatively unknown DeFi token called BarnBridge (BOND) has rallied over 800% to reach $20 on July 26. The BOND price surge comes more than a month after bottoming out at around $2.19. In comparison, top coins, Bitcoin (BTC) and…
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