Aave Freezes Stablecoin Trading Amid Price Volatility
Aave, a popular lending protocol in the decentralized finance (DeFi) space, has taken action to mitigate the impact of recent price volatility in the stablecoin market. On March 11, the…
Aave DAO Passes Proposal to Recover Lost Tokens
The Aave decentralized autonomous organization (DAO) has passed a proposal called “Rescue Mission Phase 1 Long Executor” to recover lost tokens for some users who mistakenly sent them to certain…
The DeFi space is on a path of steady recovery as good actors
The harm that was inflicted by the collapse of major cryptocurrency ecosystems in the previous year is on its way to making a gradual comeback as positive actors take aggressive…
After a $60M short assault, Aave recommends governance reforms.
On November 23, one day after Mango Markets' exploiter Avraham Eisenberg tried to exploit the decentralized finance protocol AAVE through a series of clever short sells, project contributors put up…
MAS Launches First DeFi Pilot Tests With Polygon and Aave
The Monetary Authority of Singapore (MAS) has announced that it has succeeded in conducting wholesale transactions launching with a focus on exploring both digital assets and the Decentralized Finance (DeFi)…
Justin Sun Withdraws Millions of Dollars’ Worth of USDT from Aave’s Lending Pools
According to data released by blockchain security and data analytics company PeckShieldAlert on Monday, the address labelled as Justin Sun has withdrawn more than $100 million worth of USDT stablecoins…
Aave Halts ETH Lending Ahead of Ethereum’s Merge
Decentralized lending platform Aave has halted lending Ethereum (ETH) loans to users in order to protect itself from risks that could arise from a surge in borrowing demand for Ether…
Aave Integrates with Pocket Network for Dapps Development
Aave announced Tuesday about integration with the distributed network of more than 44,000 nodes on the Pocket Network to enhance decentralised application development. Following the new integration, the Aave-based DApps…
Celsius Makes More Repayments and Withdrawal: Sources
Celsius Network has repaid partial debts to decentralized finance and lending platforms Aave and Compound respectively, as it continues to tackle the potential insolvency issue. According to tracker Etherscan, the…