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Aave Outpaces Market with 9% Growth in Q2 2023, Launches GHO Stablecoin

Aave Outpaces Market with 9% Growth in Q2 2023, Launches GHO Stablecoin

ave's Q2 2023 report shows a 9% growth in total value supplied, outpacing the market. Key developments include the launch of GHO stablecoin, a rise in stETH deposits, and the anticipated release of Portals.

Lido DAO Integrates NTT to Enable Cross-Chain Transfers of wstETH to BNB Chain

Lido DAO Integrates NTT to Enable Cross-Chain Transfers of wstETH to BNB Chain

Lido DAO adopts NTT standard to facilitate wstETH transfers to BNB Chain via Wormhole and Axelar, enhancing cross-chain interoperability.

Liquid Staking Protocol Lido Activates "Staking Rate Limit" After Record Inflows

Liquid Staking Protocol Lido Activates "Staking Rate Limit" After Record Inflows

Lido Finance, a liquid staking protocol for Ethereum, activated a "staking rate limit" after more than 150,000 ETH was staked in a single day. The mechanism aims to address any negative effects of high inflows, limiting the amount of staked Ether that can be minted within a 24-hour timeframe.

Exploit of KyberSwap's Concentrated Liquidity Feature Results in $46 Million Loss

Exploit of KyberSwap's Concentrated Liquidity Feature Results in $46 Million Loss

KyberSwap suffered a $46 million loss due to a flaw in its smart contract, highlighting vulnerabilities in DeFi smart contracts and the need for improved security protocols.

Bit.com Enables Trading of Staked Ether on Spot and Perpetual Futures Markets

Bit.com Enables Trading of Staked Ether on Spot and Perpetual Futures Markets

To meet the diversified needs of cryptocurrency users, Singapore-based crypto exchange Bit.com has launched Staked Ether (STETH) on spot and perpetual futures markets.

Gold Bull Peter Schiff Changes Bitcoin Price Prediction as BTC Smashes New Record of $50,000

Gold Bull Peter Schiff Changes Bitcoin Price Prediction as BTC Smashes New Record of $50,000

Bitcoin has achieved a new record high of $50,000 as institutional support has continued to pile onto the cryptocurrency.

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