Compound, Aave, Synthetix Lead Ethereum DeFi Revival
Compound and Aave have nearly doubled in market value over the last four days, reaching critical areas of resistance. Ethereum DeFi Tokens Post Gains Compound, Aave, and Synthetix are soaring....
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Market selling might ease, but traders are on the sidelines until BTC confirms $20K as support
BTC and altcoins could continue to see selling, but a positive is that traders took shelter in stablecoins instead of completely exiting the crypto market.
Finance Redefined: Three Arrow Capital and Celsius fall brings a tsunami of sell-off in DeFi
DeFi market saw a sharp decline in its TVL, falling over $25 billion from the last week due to sell-off pressure created by the bear market.
Maker cuts off Aave’s DAI supply as fallout from Celsius continues
The MakerDAO decided to cut off Aave from its direct deposit module as a safeguard in light of the possibility that Celsius folds and crashes the price of stETH.
Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency
According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liquidations. Sources…
Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries
During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory. Nowadays many people consider The DAO, launched in 2016 by members…
Top 5 cryptocurrencies to watch this week: BTC, ETH, XTZ, KCS, AAVE
Bitcoin is attempting to form a higher low at $28,630 and if that happens, ETH, XTZ, KCS and AAVE may rally in the near term.
Crypto Firms Launch Community-Powered Scam Reporting Platform ‘Chainabuse’
Several crypto firms, including Binance and Circle, have launched a new crypto scam reporting platform. The tool “empowers anyone in the crypto economy to warn others about scams, hacks or…
Biggest Movers: Cosmos Climbs 15%, as AAVE Nears a 10-Day High
ATOM was trading over 15% higher on Friday, as prices rose for a second consecutive session. Today’s rise took ATOM to its highest point since the start of the week,…
Aave Launches Social Media Project Lens Protocol With Over 50 Apps Built on Polygon
The blockchain firm Aave has launched the Lens Protocol, a social media project with applications built on the Polygon blockchain. Lens is similar to the social media platform Twitter but…
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