DeFi token AAVE faces major correction after soaring 100% in a month
More than 50% of AAVE's recent gains appeared after Aave Companies proposed to launch a native stablecoin.
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Cred Protocol unveils its first decentralized credit scores
Releasing the results of its first credit score on the Aave Protocol, a decentralized credit scoring mechanism called Cred Protocol is set to expand to Compound and MakerDAO.
UNI, MATIC and AAVE surge after Bitcoin price bounces back above $20K
Bitcoin, Uniswap, Polygon and Aave turned green just a day after the highest CPI print in over 40 years.
3AC co-founder returns to Twitter, blames liquidators for “baiting”
The tweet attracted wild reactions from the community with several accusing the co-founder of playing the blame game while his whereabouts are unknown.
Voyager can’t guarantee all customers will receive their crypto under proposed recovery plan
The crypto lending firm said that the exact amount reimbursed to users will “depend on what happens in the restructuring process and the recovery of 3AC assets."
Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company
On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation…
DeFi protocol Porter Finance shuts down bond issuance platform after just one month
The firm cited better interest rates from traditional finance loans and regulatory risks in mulling the bond platform.
Crypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival Vauld
Leading cryptocurrency lender Nexo has offered to buy distressed competitor Vauld, which halted operations in the face of financial difficulties. The proposal comes after the Singapore-based company said it was…
Keys lost in the Vauld: Singapore crypto exchange freezes withdrawals
Not your keys, not your coins. Crypto CeFi lender Vauld has suspended "all withdrawals, trading and deposits."
Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M
According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a…
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