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New Crypto Mutuum Finance Crosses $150M TVL in Testnet Liquidity

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New Crypto Mutuum Finance Crosses $150M TVL in Testnet Liquidity

Mutuum Finance, a decentralized lending and borrowing cryptocurrency protocol currently operating on the Sepolia testnet, has reported surpassing $150 million in testnet total value locked (TVL). The team also announced ongoing development activity, including a new feature scheduled for release next week.

Mutuum Finance (MUTM)

The MUTM token is currently priced at $0.04. Out of a capped total supply of 4 billion tokens, approximately 1.82 billion were allocated to the sale phase. According to project disclosures, around 850 million tokens have been sold to more than 19,000 holders, with total funds raised exceeding $20.6 million to date.

The team recently implemented a new feature, announcing on X the launch of Safe-Mode Borrow Presets. Borrowing within the testnet V1 protocol is now structured as a one-click process with predefined risk presets that target specific Stability Factor levels: Safe, Balanced and Aggressive. With the addition of these presets, users can select a predefined risk profile when opening a borrowing position in the test environment.

For example, if a user deposits $1,000 worth of ETH as collateral, and the maximum loan-to-value (LTV) ratio is 75%, the user could borrow up to $750 in stablecoins. Under the Safe preset, the system maintains a higher collateral buffer by targeting a stronger Stability Factor, meaning the user borrows below the maximum LTV. This reduces liquidation risk in the event of price volatility. The Balanced and Aggressive presets allow borrowing closer to the maximum LTV, increasing capital efficiency while proportionally increasing exposure to market risk.

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Lending and Borrowing Benefits Within the Protocol

Many investors could ask why they should put more collateral to borrow crypto assets. The reason is that instead of selling their current holdings, for example Ethereum, a user can deposit it as collateral without selling it and borrow USDT for other expenses while still maintaining exposure to Ethereum and potentially benefiting from its price increase. In other words, while using the borrowed funds, the Ethereum position remains intact and continues to participate in market movements.

Another factor that will benefit users is lending within the protocol. When users supply assets to Mutuum Finance, those assets are deposited into a liquidity pool and made available to borrowers. In return, the protocol issues mtTokens on a 1:1 basis as proof of deposit. These mtTokens represent the user’s share of the pool and accrue yield over time based on borrowing demand and pool utilization.

For example, if a user supplies $10,000 worth of USDT to the protocol and the average annual percentage yield (APY) is around 5–6%, the position could generate approximately $500 to $600 in yield over a one-year period, depending on utilization levels. The yield is reflected in the increasing value of the mtTokens, allowing users to earn passive income while their assets remain in the liquidity pool.

mtTokens can also be staked within the protocol, allowing users to receive dividends in MUTM tokens. According to the project’s model, a portion of the fees generated by protocol activity is used to purchase MUTM tokens from the open market and distribute them to eligible stakers, linking platform usage to token-based incentives over time.

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Mutuum Finance’s recent testnet milestone and feature updates reflect ongoing development ahead of mainnet deployment. The project reports more than $20.6 million raised and over $150 million in testnet total value locked (TVL), alongside continued codebase improvements.

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Comparing crypto exchange aggregators: A look at BestChange

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bestchange aggregator exchange

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

BestChange positions itself as a long-running exchange aggregator helping users compare rates, liquidity, and reliability across 670+ services in one interface.

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Summary

  • Founded in 2007, BestChange is a non-custodial exchange monitoring platform listing 670+ exchangers and 95+ cryptocurrencies, offering real-time rate comparisons across 52,000+ currency pairs.
  • The platform provides advanced tools, including multi-stage exchange routing, AML address checks, filtering systems, and cross-platform access via web, mobile apps, browser extensions, and Telegram integrations.
  • With millions of tracked rates and user reviews, BestChange emphasizes transparency and ongoing partner monitoring, though it has faced periodic regulatory restrictions and user feedback related to partner services and usability updates.

The crypto space has now become a haven for unscrupulous businesses posing as innovative exchanges. Choosing a platform to trade on in the midst of all this chaos is not an easy task. That’s where aggregators come into the picture. They offer a single interface where investors can compare the rates and features of various exchanges and make better decisions. 

Today, let’s take a look at one such platform: BestChange.

Overview

Website: https://bestchange.com/

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Sector: Crypto exchange aggregator

Supported coins: 95+ cryptocurrencies 

Listed exchangers: 670+ exchange services

Fees: No fees for the aggregator itself

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KYCverification: Not required

User support: Email support

Language support: English/Russian

Product ecosystem: Web platform, mobile applications (iOS and Android), Telegram bot, Telegram mini app, browser extensions, and AML address analyzer

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What is BestChange?

Launched in 2007, BestChange is a non-custodial exchange aggregator registered in Dubai under the brand Agretis Software Design LLC. The platform offers information from 670+ exchange services across more than 52,000 currency pairs. BestChange does not process transactions or store user funds. It instead operates as an independent information resource that connects users to third-party exchange providers.

Though it started off as desktop only, after its latest update in 2025, BestChange is now a full-fledged ecosystem designed to enable exchange rate comparisons on any device, at any time. 

With nearly two decades in the market, BestChange operates as an infrastructure solution within the crypto exchange ecosystem combining long-term reputation with up-to-date tools tailored to today’s typical crypto user behaviors.

bestchange aggregator exchange

Features

  1. BestChange offers a real-time comparison of core exchange variables, including rates, fees, limits, reserves, etc., so users can instantly compare rates instead of spending hours going back and forth between various websites. This functionality helps maintain market transparency. 
  2. Having tracked over 1,126,483 exchange rates across 52,070 currency pairs from 670 listed exchanges, BestChange has built a strong reputation as a reliable and transparent crypto exchange monitoring platform. 
  3. BestChange has also collected over 2,692,722 user reviews and 1,338,312 referrals in its 18 years of continuous operation.This extensive and publicly visible feedback base strengthens transparency, allowing users to evaluate exchange services based on real community experiences rather than marketing claims. At the same time, it enables the platform to continuously monitor partner reliability and maintain high service standards. 
  4. BestChange conducts ongoing monitoring of listed exchanges’ activity. The team actively identifies and addresses negative patterns such as review manipulation, misleading rate practices, or violations of platform rules, applying corrective measures when necessary. 
  5. Beyond maintaining compliance with the rules for listed exchanges, BestChange places strong emphasis on the accuracy of exchange rates and the integrity of displayed data. Continuous independent monitoring across hundreds of currency pairs ensures that rates reflect real market conditions, helping users access genuine, market-based offers rather than artificially inflated or misleading quotes.
  6. The platform also offers sorting, filtering, and alert systems designed to reduce information asymmetry. These advanced systems help users to make faster, better-informed decisions without the need for constant manual monitoring.
  7. BestChange also has a multistage exchange tool that helps identify viable liquidity paths when direct exchange pairs are inefficient or unavailable, which means users can automatically route their transaction through two exchanges to secure a better rate or complete a swap that wouldn’t be possible in a single step.
  8. In addition to the above-mentioned features, BestChange has an AML check tool, which aggregates data from multiple compliance providers to assess the risks related to crypto wallet addresses before a transaction. This allows users to spot high-risk funds in advance, avoid scams, account freezes, and compliance issues, and make informed decisions without exposing sensitive personal data.
  9. On a greater scale, BestChange is an ecosystem that employs cross-platform access via web, mobile apps, browser extensions, and messaging interfaces. This way, market data remains available to all users regardless of device, location, or constraints.
  10. The BestChange mobile app is available on App Store, Google Play, and Huawei AppGallery, with distribution across 175+ countries. This multi-format approach allows users to access exchange data, comparisons, and tools in a way they prefer without being confined to a single interface.

Pros and cons

BestChange has a whole list of advantages, from a multi-stage exchange to cross-platform access, but that does not mean the platform is without its limitations. 

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Following the launch of its new products, BestChange received some user feedback regarding minor bugs and usability issues. This is a fairly common occurrence during major updates and rebranding phases. The team acknowledged the feedback promptly and addressed the concerns through continuous iterative improvements. 

BestChange has also faced several temporary restrictions by Roskomnadzor in Russia. But these restrictions were mostly driven by shifts in Russia’s crypto regulation, rather than it being about BestChange’s operations itself. Currently, the BestChange team is in full compliance with all of Russia’s formal demands, and there are no more access concerns. 

At one point, users also raised concerns about BestChange listing exchange services with questionable reputations or scam-related behavior. However, BestChange strengthened its screening shortly after, making sure these issues were completely eradicated.

Public review

With a 4.1 rating on TrustPilot, 4.6 on MyWot, and 4.5 on TenereTeam, BestChange appears to be leading in terms of public interest. One user on the platform commented, “BestChange.com is an excellent resource for finding the best cryptocurrency and e-currency exchange rates. The platform is easy to navigate, updated in real time, and helps me choose the most reliable exchangers quickly. Highly recommended for anyone looking to save time and money when exchanging digital assets.”

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Still, the aggregator has received some criticism. One such reviewer highlighted that the cancellation charges were high, while another complained about the slow and often unresponsive customer service. However, most of the negative reviews seem to be about the individual exchange partners on the platform and not BestChange itself. 

Conclusion

Crypto exchange aggregators have made the exchange game easier than it ever was. Instead of choosing a single platform and accepting its rate, users can now compare offers and features from over hundreds of different platforms in a single interface. If traders were to do this comparison manually, that would take them hours, if not days. With aggregators like BestChange, traders can now complete this tedious task in minutes. The result is more time on their hands to make better decisions.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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South Korea Tax Office Leaks Seed Phrase in Press Release

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South Korea Tax Office Leaks Seed Phrase in Press Release

South Korea’s National Tax Service (NTS) accidentally exposed a crypto wallet seed phrase in an official press release on Thursday, leading to a loss of 4 million PRTG  (Pre‑Retogeum) tokens worth about $4.8 million from the address, according to local media reports.

According to multiple Korean media reports on local sites Naver, Chosun and others, the press release related to the National Tax Service’s enforcement campaign against tax delinquents and seizures that the authorities had carried out. The release reportedly included an image of a Ledger cold wallet and a sheet of paper showing the wallet’s full mnemonic phrase without any blur or masking.

South Korea’s National Tax Service reveals seed phrase. Source: Naver

Blockchain researchers later identified an Ether (ETH) address linked to the leaked phrase that briefly held the 4 million PRTG tokens before the entire balance was transferred out. 

Onchain data for that address shows three inbound transfers totaling 4 million PRTG, followed by a single outbound transfer sending exactly 4 million PRTG to another wallet, consistent with those reports. 

Related: 3 Solana platforms to shutter following devastating $40M hack

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Associate professor Jaewoo Cho of Hansung University’s Blockchain Research Center, who analyzed the flows, noted on X on Friday, “We have confirmed that 4 million PRTG tokens, worth approximately $4.8 million, were stolen from the mnemonic that was leaked (disclosed) through a press release from the National Tax Service.”

He added that, “fortunately, the other exposed mnemonics do not seem likely to cause any major issues,” and argued that because the stolen tokens were difficult to cash out, “the actual damage is at a negligible level.”

He said he hoped the episode would be a “blessing in disguise” that pushed Korean public bodies to build proper virtual asset custody systems. 

Crypto custody failures test Korean authorities

The incident comes as South Korean authorities face another crypto custody scandal. In a separate case, police discovered in February 2026 that 22 Bitcoin (BTC) seized in a 2021 hacking investigation had vanished from a cold wallet stored in a Gangnam police vault.

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Two suspects were arrested on Thursday after investigators found that the coins had been moved using a mnemonic phrase that the police had never controlled. 

Separately, regulators are under pressure over Bithumb’s recent 620,000 BTC fat finger promotion error, where the exchange briefly credited users with about $43 billion in non‑existent Bitcoin, and the Financial Services Commission extended its probe after criticism that it failed to spot serious systems flaws earlier.