During the Binance hot-wallet incident, Aave paused new deposits and borrowing in affected reserves, including its mUSD reserve which saw a 36.1% variable borrowing APR. Withdrawals and repayments continued, pushing utilization rates close to full capacity and causing borrowing rates to spike up to 55% at full utilization. Temporary rate changes and borrowing caps were implemented before markets reopened with restrictions on some assets. The incident highlights risks in DeFi lending platforms and ongoing adjustments to manage liquidity and borrowing costs.
The Aave freeze snapshot and its mUSD borrowing APR of 36.1% provide context for readers. For those following the broader cryptocurrency market, here is Pluang's snapshot as of Nov 04, 2026 00:02 WIB: out of 50 major cryptocurrencies, 25 rose and 24 fell. Notable movers include XRP at Rp23.274 with a 1-day change of +2.65%, YFI at Rp36.267.786 with +2.46%, and XLM at Rp2.968 with -2.30%.
Vencora has acquired CT InsureTech, a leading insurance technology provider with offices in London, Buenos Aires, and Mexico City. This acquisition strengthens Vencora's insurance technology offerings and expands its presence in Latin America and Eur...
Vencora has acquired CT InsureTech, a leading provider of insurance technology and services with offices in London, Buenos Aires, and Mexico City. This acquisition expands Vencora's portfolio and presence in Latin America and the UK, strengthening it...
FarmQA and Planet Labs have partnered to develop AI-powered agronomic tools for enterprise agriculture, starting with a sugar beet yield estimation model. This model combines Planet's satellite imagery with FarmQA's field-verified agronomic data to p...
The Hospitality Show, a key event for hotel operations, will return to Las Vegas from March 27–29, 2028, at the Las Vegas Convention Center. This marks a return to its original location and an earlier spring date, chosen to better align with hospital...
Michael Saylor, Executive Chairman of TokenPost.ai Strategy, expressed strong confidence in Bitcoin's ability to endure bearish market conditions indefinitely. On November 3, he posted on X that "we'll be beating bears forever," indicating resilience...
