Bitcoin reclaims $28K, and charts suggest ARB, XRP, EOS and AAVE could follow
BTC and stocks look to rally after US lawmakers potentially reach a deal on the debt ceiling. Go to Source Powered by WPeMatico
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A week filled with exploits and uncertainty for DeFi: Finance Redefined
DeFi saw another multimillion-dollar rug pull this past week, and the Multichain saga continues to spiral out of control. Go to Source Powered by WPeMatico
Bug in Aave V2 Polygon causes some assets to become stuck in contracts
The bug only affects the Polygon implementation, and V3 is unaffected Go to Source Powered by WPeMatico
Aave V3 launches on Ethereum layer-2 network Metis
Ethereum layer-2 protocols continue to attract the biggest players in the decentralized finance sector, with liquidity protocol Aave deploying on scaling network Metis. Go to Source Powered by WPeMatico
Bitcoin price holding $27K could open buying opportunities in BNB, ADA, XMR and TON
Altcoin prices have crumbled since BTC’s sharp pullback, but BNB, ADA, XMR and TON could be the first to bottom. Go to Source Powered by WPeMatico
Aave’s proposal to launch on zkEVM passes ‘temperature check’ vote
A proposal to deploy the third version of lending protocol Aave has recently passed a “temperate check” with an overwhelming favorable majority. Go to Source Powered by WPeMatico
Bitcoin price sets up for an explosive move as ADA, XLM, AAVE and CFX turn bullish
BTC’s tight trading range hints at an eventual breakout, and ADA, XLM, AAVE and CFX could follow. Go to Source Powered by WPeMatico
Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March
The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit monthly gains. After the … Read more
Debtors saved over $100M using de-pegged stablecoins to repay loans
Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged from the dollar. Go to Source Powered by WPeMatico
Aave freezes stablecoin trading on Avalanche V3 as activity surges on CEXs
The trading freeze follows an analysis from DeFi’s risk manager firm Gauntlet Network considering different scenarios for the USD Coin price. Go to Source Powered by WPeMatico