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Aave Notches $1T in Lending Volume, an Industry First
Decentralized finance protocol Aave has surpassed $1 trillion in cumulative lending volume, marking a historic first in the DeFi industry.“A decade ago, DeFi and Aave didn’t exist. They were just ideas. Today, Aave stands as the backbone of…
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Vitalik Buterin Cuts ETH Holdings by 17K after $45M Privacy Pledge
Ethereum co-founder Vitalik Buterin has reduced his Ether balance by about 17,000 ETH in one month after announcing plans to earmark $45 million worth of tokens for privacy projects. Buterin’s wallets tracked by Arkham held about 241,000…
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Step Finance Shuts Down After $27 Million Hack
Three Solana-based platforms have announced they are shutting down after a Step Finance hack at the end of January that has been deemed unrecoverable. Solana portfolio dashboard and DeFi aggregator Step Finance announced on Monday that it…
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Parsec Shuts Down Business Amid Crypto Market Volatility
On-chain analytics firm Parsec is closing down after five years, as crypto trader flows and on-chain activity no longer resemble what they once did. “Parsec is shutting down,” the company said in an X post on Thursday, while its CEO, Will…
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IoTeX Investigates Token Safe Incident as Analysts Estimate $4.3M Loss
Decentralized identity protocol IoTeX has confirmed that it is investigating unusual activity tied to one of its token safes after onchain analysts flagged a possible security incident.In a Saturday post on X, the project said its team was…
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Wall Street Adds BMNR Stock; DeFi Lenders Are Pressured by Illiquidity
Large institutional investors continued to add exposure to crypto treasury companies over the past week, even as bear-market illiquidity forced another round of shakeouts across decentralized finance (DeFi).The biggest corporate…
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Kraken xStocks Surpasses $25B in Tokenized Stock Volume
Kraken’s tokenized equities platform, xStocks, has surpassed $25 billion in total transaction volume less than eight months after launch, underscoring accelerating adoption as tokenization gains traction among mainstream investors.Kraken…
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How Aave Could Help End Crypto Winter, According to Bitwise
Bitwise exec said that Aave's governance proposal stands out as a positive development for DeFi during the crypto downturn.
Even after four months since the massive…
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ETH Mass Adoption Across TradFi Backs $2.5K Price Target
Key takeaways:Institutional sentiment is shifting toward ETH as elite funds reallocate capital from Bitcoin to Ether ETFs.BlackRock’s ETH ETF pairs secure staking with a low 0.25% fee, creating a major win for mainstream crypto…
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Judge Dismisses Bancor-Affiliated Patent Case Against Uniswap
Update Feb. 12, 6:40 am UTC: This article has been updated to add comments from a Uniswap spokesperson.A New York federal judge dismissed a patent infringement lawsuit brought by Bancor-affiliated entities against Uniswap, ruling that the…
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