Aave Community Split on WBTC Amid Justin Sun-Related Transparency Fears

Aave Community Split on WBTC Amid Justin Sun-Related Transparency Fears   beincrypto.com 23 September 2024 07:30, UTC LlamaRisk, Aave’s risk service provider, has proposed reducing the loan-to-value (LTV) ratio of BitGo’s Wrapped Bitcoin (WBTC) to zero on the DeFi lending platform. However, the Aave community, including Marc Zeller, founder of the Aave Chan Initiative (ACI),…

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COMP price surges 17% in a week, confidence restored after Compound Discord breach

COMP price surges 17% in a week, confidence restored after Compound Discord breach   invezz.com 25 September 2024 21:20, UTC The decentralized finance (DeFi) space continues to capture the attention of crypto investors, and Compound is currently one of its standout performers. Over the past week, Compound’s native token, COMP, experienced an impressive 17.5% price…

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Folks Finance Expands to Ethereum, Avalanche, and Base With xChain Launch

Folks Finance Expands to Ethereum, Avalanche, and Base With xChain Launch   blockchainreporter.net 24 September 2024 12:27, UTC Folks Finance, a fast-growing DeFi hub, has introduced its next evolution with the launch of the xChain protocol. The platform, already a leader in decentralized finance on Algorand, is expanding its ecosystem to support three additional blockchains:…

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DeFi Protocol Cega Debuts 'Vault Token Market' to Facilitate Seamless Investing

DeFi Protocol Cega Debuts 'Vault Token Market' to Facilitate Seamless Investing   coindesk.com 24 September 2024 14:37, UTC Cega’s vault token market (VTM) eliminates the protocol’s 27-day lock-up period, allowing users to withdraw their USDC deposits when required. The new feature is available to market makers and yield farmers. On Tuesday, decentralized exotic-derivatives protocol Cega…

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