April 18th, 2025
Aave News - Page 3
Synthetix’s sUSD Stablecoin Loses Its Dollar Peg amid Heavy Sell-Off
By Mayowa Adebajo
May 17th, 2024
The depeg situation of Synthetix’s sUSD has once again highlighted the vulnerabilities within DeFi systems and the impacts of liquidity shifts.
DeFi Lending Platform Aave Reveals V4 Protocol Upgrade Plans
By Mayowa Adebajo
May 2nd, 2024
With all the upgrades that the proposal suggests, a notable part focused on growing the protocol’s algorithmic stablecoin GHO.
PayPal’s PYUSD to Be Integrated into Aave Following Vote
By Tokoni Uti
January 11th, 2024
The proposal was that PYUSD should be onboarded to Aave but without collateral properties and outside isolation mode.
DeFi Group Aave Companies Rebrands to Avara to Increase Its Web3 Appeal
By Mayowa Adebajo
November 17th, 2023
Avara is hoping to create extensive access and usability for blockchain technology.
EU Parliament Approves Controversial Data Act with Smart Contract Kill Switch
By Bhushan Akolkar
November 10th, 2023
Despite strong opposition from crypto industry players, the European Parliament introduces the Data Act that can severely impact the smart contract platforms.
FTX and Alameda Research Moves $13.1M in Crypto to Other Exchanges
By Chimamanda U. Martha
November 1st, 2023
The new developments come after a court-mandated phased liquidation process, enabling FTX to sell digital assets worth a total of $3 billion on a weekly basis.
Coinbase-backed Base Catches Up with Top Layer 2 Ether Chains after Hitting Almost 2M Daily Transactions
By Steve Muchoki
September 18th, 2023
Last week, the Base Layer 2 network hit its ATH in daily transactions of about 1.88 million, higher than Optimism and Arbitrum combined.
California Judge Dismisses Fraud Lawsuit against Curve Finance CEO Michael Egorov
By Tolu Ajiboye
September 8th, 2023
The judge dismissed the lawsuit against Egorov, stating that since the CEO does not live in California, the case should be handled elsewhere.
Bitcoin Price Briefly Scales to $30K amid Curve-AAVE Fiasco but Crypto Stocks Struggles in Losses
By Steve Muchoki
August 2nd, 2023
Bitcoin price moved from $28.6k to around $30k on Tuesday but stabilized around $29.6k during the early Asian trading hours on Wednesday.
DeFi Platform Curve Finance Faces Major Exploit, $100M of Assets at Risk
By Bhushan Akolkar
July 31st, 2023
As per the preliminary audits, the estimated losses are already north of $42 million with assets worth $100 million under risk.
Aave’s GHO Stablecoin Launches on Ethereum Mainnet, Here’s All You Need to Know
By Mayowa Adebajo
July 17th, 2023
The algorithmic GHO stablecoin is pegged against the United States dollar and is backed by several digital assets.
Coinbase to Add DeFi Apps Aave and Uniswap to Its L2 Network Base
By Mayowa Adebajo
March 15th, 2023
Coinbase might be set to integrate several other protocols with Base, starting with Aave and Uniswap.
DeFi Protocol Platypus Announces Major Compensation after $9M Hack
By Bhushan Akolkar
February 24th, 2023
DeFi protocol Platypus is in talks with Aave and stablecoin issuer Tether in order to recover the funds stolen from last week’s exploit.
Recent SEC Crackdown on Crypto Led to $32M in Institutional Outflows
By Bhushan Akolkar
February 21st, 2023
The SEC crackdown on the crypto space has dampened sentiments among institutional market players. Bitcoin-related investment products saw the highest outflows.
AAVE Proposes to Repay Excess Debt in CRV Market for Aave V2 ETH
By Steve Muchoki
November 24th, 2022
The Mango market was a victim of Avraham Eisenberg’s trading skills, which tricked down to the AAVE protocol.