Bitcoin stabilized around $60,000 after a recent sell-off, while tokens linked to decentralized finance (DeFi) and the Solana ecosystem led market gains. Aave's token jumped 19% following news of a potential strategic investment by Kraken's parent company and assurances from Aave's founder about revenue benefits for token holders. Solana rose nearly 10%, boosted by a surge in tokenized stock trading on its network, reaching $2.5 billion in weekly volume and lifting several Solana-based protocols. This momentum highlights growing interest in DeFi and tokenized assets within the crypto market.
Tether's tokenized gold (XAUT) worth $94.6 million is actively used on DeFi platforms, with Aave capturing 74.2% of these deposits, mainly through its V3 and V4 markets. This marks a shift as gold moves from static vault storage to dynamic collateral...
Circle has integrated Aave as a new lending option in its Bitcoin-backed borrowing service, Circle Mint, which previously operated only with Morpho. This service allows eligible institutional clients to deposit Bitcoin, receive a token called cirBTC,...
Aave's GHO Risk Council increased the core GHO borrow rate on Ethereum from 4.25% to 5% and also raised rates on the Prime market to address depletion in the USDC conversion module, a key tool for maintaining GHO's dollar peg. The higher rates discou...
AAVE price approached $184 on Binance, driven by Aave Labs reporting over $1 billion in V4 deposits and $310 million in active loans. The token faces resistance near $184, with a potential upside target of $202 if it closes above this level. Technica...
A DeFi vault on Base lost about 1,783 wstETH, worth $6 million, after a malicious contract was added to its borrower whitelist. The vault's multisig approved two whitelist changes within one minute, allowing the attacker to borrow and withdraw the to...
