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Multicoin Capital has moved all 286,057 of its remaining aave tokens, worth approximately $26.68 million, into Coinbase Prime, the clearest signal yet that the fund is exiting a position sitting…
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…
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…
A U.S. federal judge has authorized the transfer of approximately 30,765 ETH, worth roughly $71 million, to an Aave-controlled wallet, clearing the final legal obstacle in decentralized finance’s most complex…
On May 4, decentralized finance protocol Aave filed an emergency motion to lift a restraining notice that has frozen $71 million in recovered ethereum. Key Takeaways: Aave filed a May…
Aave has announced a recovery plan following an April 18 exploit that affected its liquidity markets and collateral positions on several chains. The update explains how DeFi United, a group…
Fourteen protocols have committed over $161 million to Defi United’s rsETH recovery effort, with Compound the latest to join, proposing a contribution of 1,900 to 3,000 ether worth $6.9 million…
Consensys and Ethereum co-founder Joe Lubin has joined DeFi United, pledging up to 30,000 ETH to help restore rsETH backing following a bridge incident that rattled the protocol on April…
Babylon Foundation is committing $3 million to Aave in a bid to support DeFi markets following recent instability. The move signals growing alignment between bitcoin-focused projects and broader decentralized finance…
A coordinated decentralized finance ( DeFi) relief effort has reportedly raised $160 million to cover bad debt created when attackers exploited KelpDAO’s bridge and deposited unbacked collateral into Aave V3…