Zest Protocol: New Borrowing Paused Due to Binance Security Incident; Existing Positions Remain Overcollateralized

TechFlow news, Oct. 30: Zest Protocol said that, out of caution, the platform paused new borrowing operations after the Binance security incident. All lending and borrowing positions on the platform remain overcollateralized, market operations are functioning normally, and Zest Protocol products have no risk exposure to Binance. The pause is intended to protect users, and the platform expects to gradually resume borrowing services in line with the broader industry.

Source: TechFlow