Aave Faces Interest Rate Spike After $114.9 Million USDT Withdrawal
TL;DR An address identified as 0x540C withdrew $114.9 million in USDT from Aave, pushing the assetās utilization rate to 92.83% and triggering an immediate spike in
Decentralized finance, known as DeFi, is emerging as the evolution of the obsolete traditional finance, these DeFi provide an extra of decentralization, transparency and security.
In this section you will find the latest news related to decentralized finance, new projects, partnerships and everything you need to be informed of that happens around you.
Without the need to trust third parties, more secure, transparent and without borders, DeFi will give a lot to talk about and from Crypto Economy we will tell you about it.
TL;DR An address identified as 0x540C withdrew $114.9 million in USDT from Aave, pushing the assetās utilization rate to 92.83% and triggering an immediate spike in
TL;DR Stream Finance suspended withdrawals after losing $93 million under external management, which caused its xUSD stablecoin to crash 88% in value. The ārisk curatorā model,
TL;DR PancakeSwap and ListaDAO are monitoring two vaults managed by MEV Capital and Re7 Labs after detecting risk signals linked to the use of synthetic stablecoins
TL;DR The Tron network processes the most USDT activity. Circle’s revenue grew by 0.6 percent. Ethereum fee revenue rises 61.6%. A recent financial report shows three
TL;DR Balancer released a preliminary report following an exploit that affected Composable Stable Pools across multiple networks, with an estimated $128 million impact while final figures
TL;DR DeFi transaction volume is projected to surpass three trillion dollars. Total value locked in blockchain networks could reach $500 billion. Hybrid finance projects with major
TL;DR: Kaspa partners with Dymension to enable rollups and liquidity raising without changing its L1. KAS serves as gas, launchpad funding, and trading asset on Dymension,
TL;DR The Moonwell protocol suffered an exploit on its lending platform on Base, caused by a Chainlink oracle malfunction that valued 0.02 wrstETH at $5.8 million.
TL;DR Chainalysis warned that the DeFi sector, with nearly $150 billion in total value locked, has grown without security standards, exposing users to massive losses. Recent
TL;DR Analysts estimate that debt related to Stream Finance totals $285 million. The exposure affects multiple DeFi protocols due to the use of rehypothecated synthetic assets
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