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Cardano rose to a one-week high earlier in today’s session, despite cryptocurrency markets mostly trading in the red. Aave was also higher on Friday, with the token remaining close to its highest point in the past week. As of writing, the global crypto market cap is 0.43% lower. Cardano (ADA) Cardano (ADA) was one of … Read more
The total value locked (TVL) in decentralized finance (defi) has slid 8.53% over the last five days since August 14, 2022. At the time, the TVL was $67.87 billion but today, the value locked in defi is approximately $62.08 billion. Moreover, the top smart contract platform tokens by market valuation today are worth $372 billion, … Read more
The outcome will give a good indication of where AAVE token holders stand ahead of the upcoming ETH hard fork. Go to Source Powered by WPeMatico
The Fantom market on Aave V3 adds just $30 each day to the DeFi protocol’s treasury; developers are also concerned that the integration creates security risks. Go to Source Powered by WPeMatico
Aave’s stablecoin approval drew wild reactions from the crypto community, with many comparing its fate to TerraUSD (UST); however, Aave proponents were quick to point toward the overcollateralized factor. Go to Source Powered by WPeMatico
On Sunday, the non-custodial market protocol Aave announced that the Aave DAO has approved a new stablecoin for the ecosystem called “GHO.” Aave Companies proposed the stablecoin during the first week of July and the collateral-backed stablecoin will be pegged to the U.S. dollar’s value. A New collateral-Backed Stablecoin Crafted by Aave Companies Is Due … Read more
While an ongoing technical divergence between BOND’s price and volumes suggests upside exhaustion. Go to Source Powered by WPeMatico
The majority of the top 100 DeFi tokens traded in green, with many registering double-digit gains over the past week. Go to Source Powered by WPeMatico
Aave will leverage Pocket’s distributed network of 44,000 nodes to access on-chain data from various blockchains. Go to Source Powered by WPeMatico
Ever since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in the U.S. by leveraging the Chapter 11 process. Two days after the bankruptcy filing, a report disclosed that two people familiar with the matter allege … Read more
