DeFi token AAVE faces major correction after soaring 100% in a month
More than 50% of AAVE’s recent gains appeared after Aave Companies proposed to launch a native stablecoin. Go to Source Powered by WPeMatico
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Cred Protocol unveils its first decentralized credit scores
Releasing the results of its first credit score on the Aave Protocol, a decentralized credit scoring mechanism called Cred Protocol is set to expand to Compound and MakerDAO. Go to Source Powered by WPeMatico
UNI, MATIC and AAVE surge after Bitcoin price bounces back above $20K
Bitcoin, Uniswap, Polygon and Aave turned green just a day after the highest CPI print in over 40 years. Go to Source Powered by WPeMatico
3 key metrics suggest Bitcoin and the wider crypto market have further to fall
Traders are not as fearful as they were in June, but several metrics show the market is still standing on paper-thin support levels. Go to Source Powered by WPeMatico
Top 5 cryptocurrencies to watch this week: BTC, UNI, ICP, AAVE, QNT
Bitcoin is trending toward a retest of its lower support and if this happens, UNI, ICP, AAVE and QNT could breakout to the upside. Go to Source Powered by WPeMatico
Finance Redefined: UK government explores DeFi with a focus on staking and lending
Majority of the top-100 DeFi tokens broke out of three week long bearish phase and registered double digit gains over the past week. Go to Source Powered by WPeMatico
Biggest Movers: MATIC Rises for 5th Straight Session, While AAVE Is up Nearly 10%
MATIC was one of Friday’s notable movers, as prices of the token rose for a fifth consecutive session. This came as crypto markets were mostly in the green for the majority of the day’s session, with AAVE hitting a two-week high. Polygon (MATIC) MATIC was a notable mover on Friday, as prices of the token … Read more
Aave to launch overcollateralized stablecoin called GHO
GHO would allow users to borrow the stablecoin while still learning yield on their locked assets on Aave, however the proposal is just seeking feedback at this stage. Go to Source Powered by WPeMatico
Top 4 Cryptocurrency Borrowing & Lending Protocols to Watch in 2022
There are several widespread lending and borrowing projects in the crypto ecosystem. This article will highlight 4 of them. These platforms help users borrow cryptocurrencies and earn interest while leveraging crypto assets to generate revenue. You can also invest in these projects using your cryptocurrency. While regulators are still trying to figure out whether to … Read more
Value Locked in Defi Swells by $7 Billion, Tron’s TVL Spikes 34.85%, Ethereum Dominates by 62%
After tapping a 2022 low of $70 billion on June 19, the total value locked (TVL) in decentralized finance (defi) has increased by more than $7 billion. During the last seven days, the TVL in defi held within the Ethereum blockchain has increased by 4.47% as Ethereum’s TVL commands 62.92% dominance or $48.17 billion of … Read more
