Babylon Labs proposed an Aave V4 integration enabling borrowing against native Bitcoin collateral directly on the Bitcoin network, avoiding wrapped BTC, bridges, and custodians. The system uses Taproot-based vault scripts and introduces a non-transferable asset called vaultBTC to represent locked BTC collateral within Aave. Aave founder Stani Kulechov endorsed the proposal, highlighting its potential to bring billions of BTC liquidity into Ethereum DeFi markets. The proposal is under governance review and requires further audits and approvals before launch.
Aave V4, the latest version of the Aave lending protocol, has surpassed $400 million in total deposits just months after its May 2026 launch, doubling multiple times since then. This milestone reflects strong user adoption driven by V4's new Liquidit...
Ethereum core developers face criticism for allegedly deleting about 50 comments opposing the staking rewards cap proposal (EIP-8363), which currently has only 3% validator support. Critics argue the proposal, which caps staking rewards if 50% of ETH...
The stablecoin market cap increased by $1 billion on the TRON network last week, outpacing other chains significantly. This growth, led by issuers like United Stables, reflects rising demand for liquidity in the crypto market. Despite this, stablecoi...
Pendle Finance has launched a new USDG yield market on OKX's XLayer, a zkEVM Layer 2 network, allowing users to lock in fixed returns on the regulated Paxos-backed stablecoin USDG. This market, maturing in October 2026, uses Pendle's tokenization mod...
Major cryptocurrencies saw price declines, with Bitcoin dropping 2.1% to $63,925 and Ethereum falling 2.8% to $1,873.93. Other notable coins like Binance Coin and Solana also declined, reflecting a broad market pullback. Stablecoins remained steady n...
