7 Trends that could revive crypto
An investment firm, Bernstein, presents its ideas, with “Merge” on the Ethereum blockchain as the first Bernstein , a Wall Street financial firm, made seven forecasts last week that it believes might revive cryptocurrency’s growth. The Ethereum Merge has been a great success Even if the transition from the proof-of-work consensus mechanism to the proof-of-stake […]
Merge: Defi Giant Aave Halts Loaning Ether
The Aave community is worried that more users will borrow ether before the Merge, which could cause liquidity problems for the protocol and make the staked ether market on Lido more volatile. Aave, a large decentralized lending platform, has put in place new rules to protect itself from a number of risks that could come […]
Aave Stops Lending Ether Before Merge
The Aave community is concerned that users will borrow ether ahead of the Merge, causing liquidity issues and volatility in Lido’s staked ether market. Large decentralized lending platform Aave has instituted new restrictions to safeguard itself from many threats that could arise from an increase in the desire to borrow ether (ETH) from cryptocurrency speculators […]
Kyber Compensates Affected Wallet As it Curbs Attack
Kyber Network said, “As a bug bounty, we’ll give you 15% of the money if you bring it back and talk to our team.” One Kyber wallet had $265,000 stolen from it on September 1. Kyber Network, a multichain decentralized finance (DeFi) platform, said it took away the attack vector that was used in an […]
GMX Tokens Serve as Proxy for Ethereum Layer 2 Solution
Even though market sentiment is still low as a whole, GMX tokens have almost doubled in the last two weeks. This week, traders betting on the growth of Arbitrum, a popular Ethereum layer-2 scaling solution, drove the price of tokens for the decentralized exchange (DEX) GMX to a record high. With its on-chain trading interface, […]