Mango Market’s exploiter Avraham Eisenberg’s attempt to replicate his “highly profitable trading strategy” on Aave (AAVE) has failed, resulting in the loss of millions. CRV war was played out on #Aave yesterday and ended with the longer defeating the shorter. 1.🧵 ponzishorter.eth shorted $CRV by borrowing and dumping $CRV;$CRV guardians bought $CRV, soaring the price…
Optimism’s (OP) token shed over 9% of its value in the last 24 hours after the team made an unannounced transfer of $450 million worth of the tokens from its multi-signature wallet. We’re seeing some confusion about recent transfers of OP out of a multisig. This is expected—today we executed a series of planned standard…
DeFi protocol Aave has requested its token holders to participate in an Aave Request for Comment (ARC), requiring them to commit to Ethereum’s (ETH) POS merge. Aave Companies have proposed this ARC that calls for the Aave DAO to commit to selecting the Ethereum Mainnet running under the Proof of Stake consensus https://t.co/eDGwjLFKz7 — Aave…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! MakerDAO has announced the removal of the leading lending platform, Aave, as one of those with direct deposit module (D3M) access to its lending pool. The decentralized organization has decided to protect its protocol in case the ongoing Celsius crisis affects the…
It is no longer news that Elon Musk has acquired Twitter. But several entities and organizations have opposed the deal, including Open Markets Institute, which claims regulators can block the deal. However, the Federal Communications Commission (FCC) Commissioner Brendan Carr has responded by stating that the agency has no powers to prevent the acquisition. According…
The Evmos community has passed a proposal to deploy Aave V3 on Evmos. This marks an important milestone for the Cosmos-based EVM-compatible chain as it seeks to launch its mainnet later this month. Evmos is bringing the world’s third-largest lending protocol to Cosmos Voting on a proposal to deploy the latest version of Aave to…
Total value locked (TVL) across all platforms went down from $273 billion to $261,2 billion last week, according to DeFiLlama. At the time of writing, Cronos Chain TVL hovers around $781 million, up almost 41% during the past 7-day period. Meanwhile, Avalanche TVL rose 23%. Avalanche ATH Price, volume and volatility indexes were all down…
Top DeFi protocol Aave is currently passing a governance vote for the implementation of V3. According to a recent post, the V3 protocol update is necessary to keep up with the continued growth of the DeFi ecosystem. “After these two years of substantial growth, this Aave Request for Comment (ARC) to Aave Governance seeks community…