Justin Sun reportedly withdraws billions of dollars in cryptocurrency out of Aave’s lending pools
According to blockchain data, Tron creator Justin Sun has taken billions of dollars in crypto from the lending pools of DeFi lending platform Aave. As a result, the platform has lost a considerable amount of liquidity, resulting in much higher interest rates. Concerns regarding recent tweets between members of the Yearn community and those in […]
Aave sets to launch institutional DeFi platform Aave Arc
DeFi platform Aave, has decided to change the name of its upcoming project Aave pro to Aave arc. The new project is said to be launched in weeks from now. According to CEO Stani Kulechov , DeFi Lending platform Aave has changed the name of its forthcoming institutional DeFi platform from Aave Pro to Aave […]
‘Aave should build Twitter on Ethereum’ – CEO Stani Kulechov
Following Jack Dorsey’s statement about building Aave on Bitcoin, the CEO of Aave Stani Kulechov has asked his followers in a tweet if Twitter should be built on Ethereum. After Jack Dorsey announced that he was constructing a new Bitcoin (BTC)-centric financial services platform with striking parallels to Aave, Aave creator Stani Kulechov advised his […]
Aave Pro To Be Launched This July, Promises To Support Only BTC, ETH, AAVE And USDC
During the conference and in this email, it was noted that Aave’s institutional product referred to as ‘Aave Pro’ intends to launch this month responding to “extensive demand from various institutions.” Aave to launch permissioned deployment for institutions in July In response to “extensive demand from various institutions,” Aave’s permissioned deployment will go live this […]