Aave Proposes Letting Institutions Borrow Against Custodied Crypto
On Tuesday, Aave Labs announced via X that it has submitted a new governance proposal to introduce Custodied Collateral Lending, powered by Aave V4.
Senior Reporter · Joined 2021
Covers Altcoins, Crypto Business and Market Updates.
Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.
On Tuesday, Aave Labs announced via X that it has submitted a new governance proposal to introduce Custodied Collateral Lending, powered by Aave V4.
On Tuesday, the Celo Foundation announced via X that the leading fiat-backed Indonesian Rupiah stablecoin IDRX, issued by PT IDRX Indo Inovasi, has launched on Celo.
On Wednesday, the Alchemy Pay team announced via a Medium post that it has integrated Apertum’s Wrapped USDC (wUSDC) into its fiat-crypto ramp, enabling users across 173 countries to seamlessly buy and sell wUSDC using fiat currencies.
On Friday, the Avalanche Foundation announced via X that the University of Michigan, is launching its fan reward with Uptop, built on Avalanche
Crypto long liquidations reached $571 million after the CLARITY Act failed a Senate vote, with Bitcoin and Ethereum traders suffering the largest losses.
Bitget Wallet has integrated Reality, giving eligible users self-custodial access to over 1,700 tokenized US stocks and ETFs on Arbitrum and Morph.
CoinShares says Bitcoin miners that shifted to AI are unlikely to return, as AI delivers three times more profit per megawatt than BTC mining.
Two former Robinhood engineers face fraud charges for allegedly using confidential crypto-listing information to trade perpetual futures on Hyperliquid.
Standard Chartered expects Arbitrum’s ARB token to reach $10 by 2030 as enterprise chains and tokenized assets drive network revenue growth.
On Monday, the Pyth Network announced via a blog post that price feeds for Taiwanese stocks are now live on Pyth Pro.
On Monday, the Uniswap team announced via X that Ink is live across the Uniswap Web App, Wallet, and API.
On Tuesday, the PancakeSwap team told its community via X that it had a deflation of 918k CAKE ($2.17M), up 22% from the previous week.