Aave DAO has initiated a Snapshot vote from Nov. 6-9 to approve a plan allowing users to borrow stablecoins by locking native Bitcoin (BTC) as collateral. The BTC would remain on the Bitcoin network via Babylon’s Trustless Bitcoin Vaults, while an Ethereum token would represent the collateral position within Aave’s lending system. This proposal follows community feedback and a risk review recommending a 300 BTC cap and a 78% collateral factor, though these limits are not yet approved. If the vote passes, a further onchain governance vote will be required before implementation.
Aave DAO's native Bitcoin collateral plan is under a Snapshot vote from Nov. 6-9. For readers following the cryptocurrency market, here is Pluang's market snapshot as of Nov 08, 2026 01:02 WIB: out of 50 major cryptocurrencies, 15 rose and 34 fell today. Notable price changes include BAL at Rp16.297 with a +11.14% gain, EOS at Rp12.649 up 8.13%, and ZIL at Rp31 down 5.53%, with ZIL showing a Pluang order activity of 45% Sell / 55% Buy.
Bitcoin price prediction markets like Polymarket and Kalshi show traders expect a likely drop to around $70,000 before the end of 2026, with Polymarket assigning a 52% probability to this scenario. Higher price targets such as $90,000 or $100,000 car...
Microsoft is ending its contract to rent AI computing capacity from Oracle, citing Oracle's use of older Nvidia GPUs that no longer meet its needs. Oracle disputes the impact, stating that even its older GPUs command a premium and are in high demand,...
An anonymous trader's short position of 2.25 million TRUMP tokens, valued at about $2.68 million, was liquidated after a significant market decline. This trader had previously lost 201 Bitcoin, worth approximately $15.6 million, through eight earlier...
Jurrien Timmer, Global Macro Director at Fidelity, prefers Bitcoin over gold due to Bitcoin's increasing strength against gold and its higher potential for gains. The Bitcoin-to-gold ratio has risen about 75% since its recent low, supported by nearly...
Bitcoin Core developer Cory Fields introduced the 'quantum landmine' concept to protect Bitcoin from potential future quantum computing threats. The idea involves requiring collateral when spending quantum-vulnerable Bitcoin after a hypothetical 'q-d...
