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Aave DAO Faces Vote on Native BTC Collateral as Babylon Labs Files Temp Check

The blockchain research and development firm Babylon Labs submitted a Temperature Check to Aave DAO on Monday, seeking approval to integrate Trustless Bitcoin Vaults with Aave V4 and onboard native…

Continue ReadingAave DAO Faces Vote on Native BTC Collateral as Babylon Labs Files Temp Check

Multicoin’s DeFi Disaster: Firm Spotted Dumping AAVE After Brutal 55% Drawdown

Onchain data shows Multicoin Capital is now more than $40 million underwater on a large AAVE position built through Galaxy Digital’s over-the-counter (OTC) desk. The firm now appears to be…

Continue ReadingMulticoin’s DeFi Disaster: Firm Spotted Dumping AAVE After Brutal 55% Drawdown

Ether Withdrawals to Resume Following KelpDAO and Aave’s Coordinated Token Burn

Ether withdrawals are expected to resume within 24 hours for KelpDAO users after a coordinated burn of the attacker’s rsETH tokens on Arbitrum successfully neutralized the exploit’s impact. MORE THAN…

Continue ReadingEther Withdrawals to Resume Following KelpDAO and Aave’s Coordinated Token Burn