Aave temporarily freezes lending markets to fend off further attacks
The temporarily frozen lending markets include twelve Ethereum-based tokens and five stablecoins. Go to Source Powered by WPeMatico
Aave
Auto Added by WPeMatico
DeFi sparks new investments despite turbulent market: Finance Redefined
The last week of November remained turbulent for the crypto market as majority of the DeFi tokens struggled with the market volatility. Go to Source Powered by WPeMatico
Ether tests $1,200 but bears better positioned for $1.13B options expiry on Nov. 25
Bears are better positioned to profit roughly $215 million during November’s Ether options expiry, putting pressure on ETH’s price near a critical resistance level. Go to Source Powered by WPeMatico
Aave proposes governance changes after failed $60M short attack
The exploit failed due to a miscalculation of Aave’s liquidity levels. Go to Source Powered by WPeMatico
Mango Markets hacker allegedly feigns Curve short attack to exploit Aave
It appears that shorting of CRV tokens was a distraction shot to exploit a sophisticated loophole on DeFi platform Aave. Go to Source Powered by WPeMatico
JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain
JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized finance (defi), tokenized deposits, and verifiable credentials under the supervision of the Monetary Authority of Singapore (MAS). Singapore’s central bank is planning two more pilots that involve Standard Chartered Bank, HSBC, and UOB. JPMorgan, DBS … Read more
Time to switch from LinkedIn to MetaMask? Not yet, but soon
Thanks to NFTs, crypto wallets will soon enable users to prove their credentials without using third-party background checks. Go to Source Powered by WPeMatico
Degens borrowing ETH to get fork tokens create headaches for DeFi platforms
Aave has halted ETH lending until the Merge has gone through, while Compound Finance has opted to cap the number of loans and introduce a “jump” interest rate model. Go to Source Powered by WPeMatico
Experts weigh in on the Ethereum vulnerabilities after Merge: Finance Redefined
The top100 DeFi tokens recorded a bearish price action over the past week, with the majority of them trading in the red, barring a few tokens that have shown even double-digit growth. Go to Source Powered by WPeMatico
3 reasons why Ethereum POW hardfork tokens won’t gain traction
A lack of oracle support, DApps being majority supportive of the merge and the fact that Ethereum Classic has minimal developer activity suggests that POW hardforks will fizzle. Go to Source Powered by WPeMatico
