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Tron Founder Justin Sun’s $82M Crypto Swap Shocks Aave Protocol V2
Recently, crypto mogul Justin Sun, also the founder of TRON, has made a monumental move in the cryptocurrency industry. Specifically,…
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Aave Plans Price Increase as their Stablecoin Goes Live on Ethereum Testnet
Aave: the world-leading assets supply and borrowing company has concluded plans to release its first stablecoin. According to reports, the…
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Avalanche Flash Loan Heist Nets $8.75m from Platypus Defi
On February 17, 2023, the PlatypusDefi project suffered a devastating attack via flash loans on the Avalanche (AVAX) blockchain network.…
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Aave DeployingStablecoin GHO on Ethereum-based Goerli Testnet
Aave is set to rival fellow DeFi protocols by deploying native stablecoin GHO. GHO entry into the competitive space as…
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MakerDAO Introducing Spark Protocol Lending Platform to Rival Aave Protocol
MakerDAO, decentralized finance (DeFi), is set to release Spark Protocol to improve DAI stablecoin utilization. The release of the lending…
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Polygon Surpasses Ethereum In Daily Active Users – Report
Per data from TokenTerminal, the number of daily active users on the Polygon network has surpassed that of Ethereum. The…
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Aave Plans To Launch Aave V3 On The Ethereum Protocol
Following a successful DAO vote, the decentralized finance (DeFi) lending platform is set to unveil the third version of its…
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MakerDAO Community Supports Plan To Invest USDC Worth $100M Into Yearn Finance
The governance members of MakerDAO have unanimously approved the proposal to deposit $100 million of USDC stablecoins into the Yearn…
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Crypto Analyst Bullish On BTC And ETH, Whales Activity For MATIC, DYDX, And AAVE Increases
A famous crypto trader and analyst, Michaël van de Poppe, believes BTC and ETH are at the beginning of a…
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DeFi 2.0 – All You Need To Know
There has been a wave of innovation based on blockchain in the area of decentralized finance, which has been very…
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Popular Avalanche-Based DeFi Platform Plans To Expand Operation To BNB Chain By March 2023
Trader Joe, a popular decentralized finance (DeFi) protocol on Avalanche, has announced the plan to extend its operation across multiple…
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DeFi TVL Hits Two-Year Low, Struggles To Recover
According to DeFiLlama, a DeFi TVL aggregator, the total value locked (TVL) in DeFi has reached a two-year low. More…
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Lido Finance Emerges As Largest DeFi Protocol With $5.9B TVL
With a total locked value of $5.9 billion, Lido Finance, a liquid staking pool, surpasses MakerDao as the largest DeFi…
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Crypto Lending Firm Nexo Announces To Leave the US Because Of Lack Of Regulatory Clarity
Nexo, a crypto lending company and exchange, will put a stop to its product offerings in the United States market…
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Demand For Liquid ETH Staking Options Keeps Growing – Nansen
Nansen, a blockchain analytics platform, conducted a study recently. The result revealed that Ethereum staking has increased across various platforms…
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