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Latest News

Keep up with what's happening in the crypto world in real-time.

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cover-imageCoingape
June 25, 2023

Aave Price Leads Altcoin Recovery, Here's Possible Reason

The digital currency ecosystem is seeing a mixed reaction today and while the combined crypto market cap is down by 0.10%, decentralized lending protocol Aave is currently leading altcoin momentum. Aave Price Jump and Possible Triggers At the time of writing, Aave is changing hands at a spot price of $74.46 after printing a parabolic

Neutral
cover-imageTokenpost
June 16, 2023

AAVE's Proposed Amendment Sparks Debate Over Censorship Resistance in DeFi

In the high-stakes world of decentralized finance (DeFi), a proposed amendment to AAVEs lending protocols has ignited a divisive clash among its users. The controversy revolves around an account that has raised suspicion due to its mounting debt and, more notably, a proposal to address this accumulation, triggering debates over censorship resistance in the DeFi space.

Negative
cover-imageCrypto Daily
June 15, 2023

Aave's Proposal To Freeze Curve Founder Loans Draws Community Ire

An Aave proposal intended to prevent a particular account from accumulating more debt has led to significant controversy, with some stating that it violates the principle of neutrality in DeFi. The proposal suggested imposing a cap on using CRV tokens as collateral, preventing the wallet address in question from adding more loans.

Positive
cover-imageBenzinga
June 12, 2023

Major DeFi Move: Curve Finance Creator Bolsters Position With $24M Collateral Deposit Into Aave

An intriguing move was made by a wallet believed to be owned by Michael Egorov, the creator of Curve Finance, with the wallet deposited an eye-popping 38 million Curve DAO (CRYPTO: CRV) tokens, valued at around $24 million, into Aave (CRYPTO: AAVE), a decentralized lending platform. On-chain analyst Lookonchain pointed out that this strategic move over the weekend was executed by Egorov to bolster his collateral, thus diminishing the likelihood of liquidation.

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