Aave to Boost Stablecoin Yields by 25%
With the V4 update, the Aave protocol will begin automatically directing unused liquidity into low-risk strategies.
Aave to Boost Stablecoin Yields by 25%
With the V4 update, the Aave protocol will begin automatically directing unused liquidity into low-risk strategies.
Balancer Labs Announces Closure Amid Financial Struggles
Marcus Hardt, co-founder of Balancer Labs, announced the closure of the company due to financial difficulties following the November hack of $128 million.
OP_NET Team to Launch Smart Contracts on Bitcoin Network
On March 19, the OP_NET protocol will be activated on the Bitcoin network. This will enable the use of smart contracts and DeFi tools directly at the base level of the first cryptocurrency.
$50 Million Loss: Aave Blames User, CoW Swap Cites Algorithm Failure
The projects Aave and CoW Swap have offered differing accounts of an incident in which a user lost over $50 million during a token exchange.
Venus Protocol Loses $2 Million Due to Token THE Manipulation
On March 15, the lending platform Venus Protocol on BNB Chain was subjected to a hacker attack. The target of the perpetrator was the token THE from the DeFi project Thena.
Investor Loses $50 Million in Token Swap on Aave
An unidentified investor attempted to exchange 50.43 million USDT for AAVE via CoW Protocol and SushiSwap. Ultimately, they received only 327 tokens valued at approximately $36,000.
Aave Becomes First DeFi Platform to Issue $1 Trillion in Loans
The total volume of loans on the DeFi platform Aave has surpassed $1 trillion, marking the first time a project in the decentralized finance industry has reached this milestone.
Conflict Erupts in Aave Community Over $50 Million Proposal
On February 26, members of the Aave DAO will hold a preliminary vote on the Aave Will Win proposal. The initiative has sparked conflict within the community as Aave Labs has requested funding of approximately $50 million.
Step Finance and Two Solana Projects Cease Operations
The DeFi aggregator Step Finance, based on Solana, has announced an immediate cessation of operations. The platform failed to recover following a major hack.
BGD Labs Ends Collaboration with Aave Over Centralization Concerns
BGD Labs, a key technical developer for the Aave lending DeFi platform, announced it will cease collaboration with the project due to "radical changes" in the structure of the DAO.We use cookies to improve the quality of our service.
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