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Aave Halts ETH Lending Ahead of Ethereum’s Merge
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Aave Halts ETH Lending Ahead of Ethereum’s Merge

Aave has temporarily suspended giving out Ether loans to avoid risks associated with the upcoming Merge.

Total Value Locked in DeFi Hits $30 Billion as Positive Sentiment Surrounds Cryptocurrency Market
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Total Value Locked in DeFi Hits $30 Billion as Positive Sentiment Surrounds Cryptocurrency Market

The Total Value Locked (TVL) in DeFi has topped a new all-time high at $30 billion.

Justin Sun's $60 Million Crypto Exodus from Binance: Analyzing Market Implications
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Justin Sun's $60 Million Crypto Exodus from Binance: Analyzing Market Implications

Tron founder Justin Sun has withdrawn $60M in cryptocurrencies from Binance since December 2023, including major assets like Ethereum and Shiba Inu, sparking market speculation.

Aave DAO Passes Proposal to Recover Lost Tokens
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Aave DAO Passes Proposal to Recover Lost Tokens

Aave DAO has passed a proposal called “Rescue Mission Phase 1 Long Executor” to recover lost AAVE, LEND, Tether, UNI, and staked AAVE tokens that were mistakenly sent to certain token contracts in the past. This proposal authorizes Aave developers to upgrade the smart contracts and send the lost tokens back to their original owners automatically. The new implementations for these contracts will only include extra logic during initialization, implying that future tokens mistakenly sent to these addresses may not be recoverable.

Celsius Makes More Repayments and Withdrawal: Sources
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Celsius Makes More Repayments and Withdrawal: Sources

According to tracker Etherscan, Celsius repaid $78.1 million worth of USDC stablecoin to Aave and $35 million worth of stablecoin DAI on the platform Compound.

Ethereum and DeFi Tokens Plummet Amid High Selling Pressure
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Ethereum and DeFi Tokens Plummet Amid High Selling Pressure

Popular DeFi tokens, including Yearn.finance (YFI), and Uniswap (UNI) have also witnessed strong corrections in the past few days.

Aave to Activate Fee Switch, Rewarding Token Holders with $60M Annual Profits
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Aave to Activate Fee Switch, Rewarding Token Holders with $60M Annual Profits

Aave plans to enable a "fee switch" that will distribute transaction fees, estimated at $60 million annually, to Aave token holders.

Yearn.finance (YFI) Sees Massive Price Spike, Analyst says a Bubble is not Possible in the New Paradigm
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Yearn.finance (YFI) Sees Massive Price Spike, Analyst says a Bubble is not Possible in the New Paradigm

Yearn.finance (YFI) price has been surging in the past week, as the cryptocurrency market has seen massive bullish momentum as Bitcoin led the way.

DeFi Reaches Record High of $13.7 Billion in Total Value Locked
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DeFi Reaches Record High of $13.7 Billion in Total Value Locked

The decentralized finance sector has reached a new all-time high of $13.69 billion in total value locked (TVL).

Chainlink (LINK) Price Set to Reach New Highs This Quarter When Staking Goes Live
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Chainlink (LINK) Price Set to Reach New Highs This Quarter When Staking Goes Live

The oracle-based cryptocurrency has rallied to new highs, surging by over 9% in the past 24 hours, and over 40% in the past week.

Ethereum Price on the Verge of Surpassing its All-Time High of $1400, Bitcoin Consolidates
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Ethereum Price on the Verge of Surpassing its All-Time High of $1400, Bitcoin Consolidates

Ethereum’s price has been on the rise, up 11% in the last 24 hours. On its end, Bitcoin has been consolidating and trading above the $35,500 level.

Ethereum-Based Wallet MetaMask Adds Token Swaps to Its Features
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Ethereum-Based Wallet MetaMask Adds Token Swaps to Its Features

MetaMask recently announced a new add-on to its browser which can facilitate decentralized finance (DeFi) transactions for Ethereum-based tokens.

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