Aave proposal to peg Ethena’s USDe to USDT sparks community pushback
The Aave community has pushed back against the proposal, questioning whether it addresses the core risks. Go to Source
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Base mulls launching tokenized COIN stock
The plans are not yet concrete as Coinbase is awaiting regulatory clarity on securities tokenization. Go to Source
SOL rebounds above $200, Aave deposits hit $33.4B record: Finance Redefined
Growing investor optimism in anticipation of Trump’s inauguration is inviting new capital into the market, which pushed Aave deposits to a new all-time high. Go to Source
Billion-Dollar Boom: Defi’s December to Remember Caps Year of Unprecedented Growth
End of the year data reveals a thrilling climb in the total value locked in decentralized finance (defi), which ballooned by 133.8% over the past year. December capped off this exciting trend with a flurry of activity as defi and onchain protocols amassed more than $1.5 billion in total revenue during the previous 30 days, … Read more
USDC market cap is up 80% from 2023 lows
The stablecoin is also more widely distributed across blockchain networks. Go to Source
Uniswap teases v4 is ‘coming soon’ after missing its Q3 target last year
Uniswap hinted that the latest iteration of its DeFi platform will come out this year. It was undergoing testing for the duration of 2024. Go to Source
Aave net deposits hit $33.4 billion, surpassing 2021 levels
The lending platform also introduced Aave v4 in 2024, while its GHO stablecoin expanded to multiple blockchain networks. Go to Source
Solana adds $1B worth of stablecoins in December
The network now holds approximately $5 billion worth of stablecoins, mostly made up of USDC. Go to Source
Crypto industry calls on Congress to block new DeFi broker rules
The new IRS rules classifying DeFi protocols as brokers have triggered a swift backlash in the crypto industry, with calls for Congress to overturn the rules. Go to Source
Metamask Rolls Out Gas Station Feature Aimed at Enhancing Defi Transactions
Metamask, a prominent Web3 wallet, has launched its Gas Station feature, which aims to alleviate users’ challenges with transaction fees on the Ethereum mainnet. Web3 Wallet Metamask Tackles Gas Fee Challenges The new feature, integrated into Metamask’s Smart Transactions with Swaps, provides gas-included transaction quotes. This enhancement addresses a common hurdle for users who run … Read more
