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Bitcoin lending protocol Zest pauses new loans after Binance security issue as a precaution.

Market News
30 Oct 2026, 10:26 WIB
Tokenpost
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Neutral
Bitcoin lending protocol Zest pauses new loans after Binance security issue as a precaution.

Zest Protocol, a Bitcoin lending platform, has temporarily halted new lending operations as a precaution following a security incident involving Binance. Despite this pause, Zest clarified that its products have no direct exposure to Binance, aiming to protect its users while coordinating with the broader ecosystem. The protocol plans to resume lending soon but will wait until it completes coordination efforts with other ecosystem participants. This move highlights Zest's cautious approach to risk management amid external security concerns.

Zest Protocol's pause on new lending following a Binance security incident comes as a backdrop to a declining cryptocurrency market on Pluang. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 30, 2026 13:32 WIB: out of 50 major cryptocurrencies, only 5 rose while 44 fell. Notably, CRV dropped 16.53% to Rp4.944 with a strong buy order activity of 99%, YFI fell 14.75% to Rp32.144.306 with 100% buy orders, and GRT declined 11.84% to Rp348 with a majority sell order activity of 58%.

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