Aave survived $8.45B in withdrawals, but risk questions remain

In recent developments, aave handled $8.45 billion in withdrawals without freezing funds, but the episode raised fresh questions about hidden risks in DeFi lending. Looking closer, market participants highlight key…

Aave Labs’ Push gains UK FCA crypto registration

In recent developments, aave Labs’ Push received FCA approval for “certain cryptoasset activities” in the UK, supporting its plans for regulated stablecoin on- and off-ramping. Looking closer, market participants highlight…

Aave DAO Faces Vote on Native BTC Collateral as Babylon Labs Files Temp Check

In recent developments, the blockchain research and development firm Babylon Labs submitted a Temperature Check to Aave DAO on Monday, seeking approval to integrate Trustless Bitcoin Vaults with Aave V4…

WETH markets return to normal operations on Aave amid rsETH recovery progress

In recent developments, aave applied a temporary freeze to WETH as a precautionary safety measure in response to the exploit, alongside freezes on the rsETH and wrsETH reserves. Looking closer,…

Multicoin Capital Sends Entire AAVE Stack to Coinbase Prime After $40M Loss D…

In recent developments, multicoin Capital has moved all 286,057 of its remaining aave tokens, worth approximately $26.68 million, into Coinbase Prime, the clearest signal yet that the fund is exiting…

Multicoin’s DeFi Disaster: Firm Spotted Dumping AAVE After Brutal 55% Drawdown

In recent developments, onchain data shows Multicoin Capital is now more than $40 million underwater on a large AAVE position built through Galaxy Digital’s over-the-counter (OTC) desk. The firm now…

NY judge pushes back hearing for Aave’s bid to unfreeze $71M in ETH

In recent developments, a New York judge has ordered supplemental briefings because Aave did not adequately outline how compounding losses could occur if the restraining notice remains in place. Looking…

After the $16.5 billion in exploits, DeFi is now being forced toward the cont…

In recent developments, the rsETH crisis resulted in $200 million in bad debt on Aave’s books, despite not a single line of its contracts misbehaving. On Apr. 18, attackers that…

Court lets Arbitrum DAO to transfer $71M in ETH tied to North Korea hack to Aave

In recent developments, a Manhattan judge modified a restraining notice to let Arbitrum DAO move $71 million in frozen Ether to Aave, while preserving terrorism victims’ legal claim on the…

Mantle tokenholders approve 30K ETH Aave credit facility after rsETH exploit

In recent developments, the credit facility would help Aave address bad debt created after the April rsETH exploit strained its WETH market. The development has drawn attention from traders and…