Aave founder Stani Kulechov denied reports that the protocol would sell AAVE tokens at a 70% discount, clarifying that any talks with Kraken about buying a stake involve existing allocations held by Aave Labs. He emphasized that all revenue from the Aave protocol and its GHO stablecoin flows directly to AAVE token holders, rejecting any notion of cheap token sales. Kulechov also announced plans for automated AAVE buybacks under the upcoming Aavenomics 3.0, extending a current program authorized to repurchase up to $50 million of AAVE annually. These developments come as Aave recovers from a major exploit in April and Kraken pursues acquisitions ahead of its planned public listing.
During a sharp crypto market selloff from January 25 to February 9, 2026, DeFi Saver's automation tools successfully defended $446.3 million in collateral on Aave V3, executing 382 automated repay actions and preventing any liquidations. This protect...
Aave (AAVE) token surged 4.09% within an hour, reaching $170 on October 1, up from $163 an hour earlier, and rose 6.13% over 24 hours. The price increase coincided with $30,000 worth of short positions liquidated across Binance, Bybit, and OKX, while...
Chainlink has been named the official data oracle for Open USD (OUSD), a new stablecoin launched on multiple blockchains with over $1 billion in liquidity from Coinbase, Mastercard, Shopify, Stripe, and Visa. OUSD allows fee-free minting and burning ...
On October 1, an unidentified large investor transferred $5.97 million worth of USD Coin (USDC) to the Kraken exchange. About two hours later, the same investor withdrew 39,018 Aave (AAVE) tokens valued at approximately $6.2 million. Aave is the nati...
A large cryptocurrency holder transferred 5.97 million USD Coin (USDC) to the Kraken exchange and then withdrew 39,018 Aave (AAVE) tokens valued at about $6.2 million. The USDC transfer occurred roughly two hours before the AAVE withdrawal. AAVE is t...
