ORDI, Fantom, Aave prices lead losses as BitBot defies gravity
ORDI, Fantom (FTM), and Aave were among the worst performers in the crypto industry during the weekend as the crypto sell-off intensified. The ORDI token crashed by over 15% in the past…
Gauntlet ends Aave partnership over DAO governance disputes
Gauntlet terminates 4-year partnership with Aave due to DAO governance challenges. Gauntlet was Aave’s Risk Steward. Aave now faces the task of finding a new Risk Steward after Gauntlet withdraws.…
Neon Foundation proposes deployment of Aave V3 on Neon EVM
A new proposal by Neon Foundation and Aave Chan Initiative outlines the deployment of Aave V3 on Neon EVM. The proposal is at the initial stage of community consideration and…
Aave rebrands into Avara and acquires Family Wallet
Aave Companies rebrands and diversifies its portfolio. The rebranding and acquisition underscore a pivotal moment for the company. This marks a strategic shift towards a more expansive and inclusive web3…
GHO: A Decentralized Multi-Collateral Stablecoin by Aave
What is GHO? GHO is a stablecoin developed by the Aave protocol team. It is pegged to the US dollar and users can mint GHO by supplying any (or a…
MATIC, LINK, AAVE among $59M worth of altcoins moved by Celsius
Celsius has moved over $59 million of altcoins to FalconX ahead of possible liquidation. The crypto lender plans to convert the tokens to BTC or ETH. Celsius’s largest altcoin holding…
AAVE hikes as holders vote on converting 1,600ETH into rETH and wstETH
Aave holders are voting on a governance proposal to convert 1,600 ether (ETH) to wstETH and rETH. Aave currently earns a yield of 1.69% from the ETH that it has…
Aave V3 launches on Ethereum layer-2 network Metis
Aave V3’s launch on Metis follows a community vote that went live earlier this month. According to the Metis team, there are various ways in which the Aave V3 integration…
Aave deploys GHO stablecoin on Ethereum’s Goerli testnet
Aave has joined the space of DeFi protocols that have released their own native stablecoins. The GHO stablecoin is not live on Ethereum’s testnet. The GHO mainnet is however yet…
MakerDAO to launch Spark lending platform to rival Aave
Aave, a crypto lending platform, is currently one of Ethereum’s largest DeFi products. MakerDAO, on the other hand, facilitates the generation of DAI stablecoin. MakerDAO is planning to launch a…