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Bitcoin and Ethereum Consolidate, SAND and AAVE Accelerate


  Bitcoin price remained well supported above the USD 30,000 level and even tested USD 30,500. It is currently (13:50 UTC) trading near USD 30,300. Similarly, most major altcoins are also consolidating their gains. ETH tested USD 2,050, while XRP is stuck near USD 0.42. ADA is still facing...

AAVE, Compound, & Mountanaz: Crypto Lending Platforms in 2022!


For many people, this is the first time seeing that it is possible to lend and borrow on DeFi. We have truly transitioned into a world where intermediaries & central authorities can be removed from financial transactions; now, the power is in our hands. The lending and borrowing process...

Biggest Movers: AVAX Rebounds on Tuesday, AAVE up Over 10%


Global crypto markets are up over 2% during Tuesday’s session, with AAVE and AVAX two of the biggest tokens to rise. Both of these cryptocurrencies rebounded from losses during yesterday’s session, with AAVE trading as much 10% higher. Aave (AAVE) AAVE rebounded during...

Aave Launches V3 to Boost DeFi’s Mainstream Adoption


The popular DeFi protocol Aave is drafting new expansion plans as its TVL reaches 18 billion dollars. The team hopes to exploit the demand and make DeFi mainstream through the new and improved V3 protocol launch. Reportedly, the V3 protocol would address some of the fundamental issues of...

Top 5 Wrapped Token Use Cases


  Wrapped tokens have made it possible to put digital assets like bitcoin (BTC) on Ethereum (ETH) so they can interact with decentralized finance (DeFi) applications. This has resulted in significant inflows of tokenized value on Ethereum, and other crypto networks, contributing to several wrapped...

Total Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days


Over the last six days, the total value locked (TVL) in decentralized finance (defi) has dropped 9.21% from a high of $232.88 billion on April 5, to today’s $211.43 billion. The value locked in defi protocols shed 4.40% of that value during the last 24 hours. Value Locked in Defi Shudders...

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