3AC founders reveal ties to Terra founder, blame overconfidence for collapse
Su Zhu revealed the 3AC team had close ties to Terra co-founder Do Kwon, which made them overlook many red flags with the project that eventually led to a multi-million…
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Gensler Says SEC Should Regulate Crypto Lending Companies
SEC chair Gary Gensler says that crypto lending companies could be compelled to register with the SEC. SEC Aims to Register Lending Companies The chair of the SEC says that...
Aave taps Pocket Network to beef up decentralized app development
Aave will leverage Pocket's distributed network of 44,000 nodes to access on-chain data from various blockchains.
Finance Redefined: DeFi market fell off the cliff in Q2, but there’s hope
Analytical data reveals that DeFi’s total value locked registered a minor dip from the past week, falling to a value of $56.45 billion.
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.
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…
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