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After this historic week in which bitcoin skyrocketed past its January all-time high and set a new one, the asset’s price has retraced following Friday’s tariff statements by the POTUS.Many altcoins have posted notable gains on a weekly scale, led by HYPE, while SUI and XRP have retraced the most fr…
As of Tuesday, a London-based asset manager had purchased nearly $500 million worth of Ethereum in less than a week, according to onchain data."Abraxas Capital bought another 33,482 ETH ($84.7 million) in the past 12 hours, bringing their total purchases over the last 6 days to 211,030 ETH ($477.6 m…
Aave, a decentralized finance (DeFi) protocol, has reached a new record of funds onchain, according to data from DefiLlama.In an X post, Aave said it topped $40.3 billion in total value locked (TVL) on May 12. Onchain data reveals that Aave v3, the latest version of the protocol, has approximately $…
Crypto users could be looking for a more sustainable yield this cycle, as total value locked in decentralized finance (DeFi) lending continues to hit new highs while decentralized exchanges (DEXs) have lagged in comparison.DeFi lending protocols are currently the leading DeFi vertical in TVL at $53.…
Aave has recently enabled USDC supplied on Aave (aUSDC) as a spendable token on MetaMask Card. A live stream event will be on YouTube to discuss this development is scheduled for May 6th at 17:30 UTC.AAVE InfoAave is a decentralized financial platform built on the Ethereum blockchain that allows use…
Aave will discuss its collaboration with MetaMask, focusing on enabling aUSDC as a spendable token. This event is significant because it integrates Aave's aUSDC with MetaMask's Card, potentially boosting usage and demand for Aave. The integration makes aUSDC more accessible for users, which could le…
Ripple recently made a fresh move, minting 23,000,000 RLUSD over the past 24 hours. According to data from Ripple's stablecoin tracker, a community X account that tracks the minting, redemption and transfer of Ripple's RLUSD, the minting was carried out in two separate transactions, each totaling 11…
A recent decentralized finance attack highlights how vulnerabilities with the standard implementation of certain DeFi vaults can be exploited by a sophisticated threat actor using familiar tools like flash loans to manipulate exchange rates and mislead price oracles. On February 27, an attacker exec…
Chainlink (LINK) has been one of the worst-performing top assets on Thursday, having declined by over 8% in the last 24 hours. This can be attributed to profit-taking after a short-lived rally above $16 earlier this week.However, key stakeholders have added 8.3% more LINK to their wallets in just si…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2525.03, up 3.6% (+87.07) since 4 p.m. ET on Monday.Eighteen of 20 assets are trading higher.Leaders: APT (+7.5%) and NEAR (+6.7%).…
AAVE, the native token of the decentralized finance (DeFi) lending protocol Aave, has surged by more than 26% in the last 24 hours following the unveiling of a game-changing proposal by the Aave decentralized autonomous organization (DAO).Data from CoinMarketCap shows AAVE trading at $220 by the tim…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2822.97, down 7.2% (-218.33) since 4 p.m. ET on Monday.None of the 20 assets are trading higher.Leaders: APT (-3.8%) and DOT (-4.7%…