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.
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.
Uniswap and Galaxy-Backed Platform Parsec Shuts Down Without Explanation
The team behind the on-chain analytics service Parsec has announced the closure of the project after five years of operation.
Hyperliquid Allocates $29 Million to Lobby DeFi Interests in Washington
Hyperliquid Foundation announced the creation of the Hyperliquid Policy Center to promote DeFi interests in the US.
Bitwise CIO: DeFi Could Lead Crypto Out of the Bear Market
The decentralized finance (DeFi) sector has the potential to pull the industry out of its prolonged correction, according to Bitwise's Chief Investment Officer Matt Hougan.
ZeroLend DeFi Protocol Announces Closure
ZeroLend announced a complete cessation of operations. The founder, known as Ryker, cited low liquidity in supported networks.
Aave Founder Predicts RWA Market Surge to $50 Trillion Driven by Solar Energy
The DeFi sector is poised for a significant boost from the tokenization of renewable resources such as solar energy, according to Stani Kulechov, founder of Aave.
Vitalik Buterin Criticizes DeFi’s Dollar Dependence, Supports Algorithmic Stablecoins
Buterin classifies algorithmic stablecoins as "genuine" DeFi. He suggests the industry gradually move away from the US dollar peg.We use cookies to improve the quality of our service.
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