Aave

The decentralized finance (DeFi) industry is facing major challenges this year, with its total value locked (TVL) in a freefall and hacks in an uptrend. Most DeFi tokens have also plunged. Most DeFi Protocols Have Shed Billions in Assets Data shows that the TVL locked in the DeFi industry dropped...

Aave and Chainlink were the biggest cryptocurrency gainers on Thursday following significant purchases from President-elect Donald Trump-backed project, World Liberty Financial.  What happened: AAVE topped the gainers list, leaping over 19% in the last 24 hours to its highest value since Sept...

Former President Donald Trump's probability of launching a coin before the election spiked after news of World Liberty Financial, a project promoted by the Trump family, being built on two blockchains was revealed. What Happened: As of Sept. 5, Trump launching a coin before the November 2024...

Popular decentralized finance (DeFi) tokens were among the market's top gainers Wednesday on the back of significant developments in their respective spheres. What happened: The native token of leading lending and borrowing capital Aave pumped over 7% to become the second-best performing...

DeFi lending and borrowing protocol Aave (CRYPTO: AAVE) is reportedly planning to launch its own blockchain after its upcoming V4 upgrade.  What Happened: The protocol's CEO Stani Kulechov disclosed the news via an X post on May 27, saying, "This is not a drill, Aave Network is planned to come...

Coinbase Global Inc (NASDAQ: COIN)-backed blockchain network Base is preparing for an impending mainnet launch, subject to a few key prerequisites being achieved. Base, which is focused on ensuring a secure network, announced the mainnet launch is contingent on proven testnet stability, a...

The creators of Lens Protocol have introduced a beta version of Bonsai, a blockchain scaling solution, as the blockchain-based social media project gears up to handle an increased volume of transactions for users of Lens-based decentralized apps. Aave Companies (CRYPTO: AAVE), the development firm...

Days after Platypus suffered major exploitation resulting in a loss of $9.1 million from three separate attacks, the decentralized-finance (DeFi) protocol announced a minimum of 63% of the funds would be distributed to users, regardless of any further update on fund recovery. What...

A crypto trader who bragged last month about making off with over $100 million in a Mango Market price manipulation scheme appears to have lost millions on an identical attempt that backfired early Tuesday. What Happened: According to on-chain data, Avraham Eisenberg, the man behind October’s...

The recent drop in Ethereum (CRYPTO: ETH) price will have a cascading effect on decentralized finance (DeFi) platforms, as investors are ready to liquidate their ETH holdings In the wake of the FTX (CRYPTO: FTT) fallout. What Happened: According to TVL aggregator DeFiLama, over 115,500 ETH are...

Twitter CEO Elon Musk immediately made waves after closing the $44-billion Twitter transaction by saying the the microblogging site is working on "revamping" the blue badge verification process. What Happened: Musk said the platform will be making adjustments to the verification process,...

Tezos (CRYPTO: XTZ) and Aave (CRYPTO: AAVE) tokens have been introduced to the trading platform Robinhood Markets Inc. (NASDAQ: HOOD), enabling users to purchase and trade the cryptocurrencies. Robinhood tweeted the announcement on Monday, along with a link to a web page displaying the newly...

With $265,000 in funds siphoned off, decentralized exchange (DEX) KyberSwap joins the list of DeFi projects to experience a front-end attack following the Curve Finance exploit from last month. Kyber Network, the liquidity protocol on which KyberSwap is based, said the assault on its website...

Decentralized Web3 protocol Pocket Network (CRYPTO: POKT) announced on Tuesday its partnership with open source liquidity market and lending platform Aave, enabling it to utilize Pocket’s distributed network of more than 44,000 nodes to access on-chain data from multiple blockchains...

Decentralized finance (DeFi) platform Aave (CRYPTO: AAVE) is launching a new stablecoin called GHO. What Happened: Aave announced its plans on June 7. The company, which allows you to lend and borrow crypto, released an over-collateralized stablecoin named GHO to be collateralized by assets on the...