US commercial and industrial lending reached $2.89 trillion at commercial banks for the week ending May 13, up roughly $183 billion year-to-date and 8.19% above year-ago levels. Corporate America has borrowed heavily through rising rates and continues borrowing into tightening bank credit conditions, adding more to bank balance sheets in the first five months of […]
The post Aave is bank-sized, but $2.9T in corporate loans reveals the risk DeFi still can’t price appeared first on CryptoSlate.
The XRP Ledger is moving through another important update process, and this one is not only about adding new features. Version 3.2.0 is now in development, according to XRPL validator Vet, who said the update is meant to further strengthen the foundation that XRP runs on. The upcoming XRP Ledger update is less about short-term price hype and more about what it says about the network’s direction, following the recent activation of version 3.1.3 in early May. XRP Ledger Version 3.2.0 Is Coming XRP Ledger version 3.1.3 is now active, and attention has now moved to what comes next for the network. Hussein Zangana, Director of Community at the XRP Ledger Foundation, known on X as Vet, confirmed that version 3.2.0 is currently in development, describing it as an update to further strengthen the foundation on which the XRP Ledger is built. Related Reading: Why Questions Are Being Raised about The XRP Ledger’s 300,000 Milestone According to Vet, update 3.2.0 is in development to further strengthen the foundation XRP is living on. He specifically mentioned AI-powered red team and blue team work, alongside attackathons and bug bounties, saying these efforts have delivered strong results. Update 3.2.0 may not be the update that introduces the loudest feature, but it appears to be part of the work needed to make the ledger safer for deeper financial activity. Speaking of updates that introduce features, the incoming upgrade follows the May 8 release of XRP Ledger version 3.1.3. According to the official XRPL blog, version 3.1.3 introduced the fixCleanup3_1_3 amendment, which included fixes for NFTs, Permissioned Domains, Vaults, and the Lending Protocol. The release set the default vote to Yes because of the importance of the fixes. That update is important because it came soon after version 3.1.0 introduced Single Asset Vaults and the Lending Protocol in January. The official XRPL release notes described Single Asset Vaults as pools of a single asset for use with the Lending Protocol, which is a system that allows fixed-term, uncollateralized loans using pooled funds from those vaults. How The New Update Affects XRP Holders There’s currently no timeline as to when version 3.2.0 will be released, but the update should be viewed as an infrastructure update that might not really have an effect on the price action. Still, these updates affect the long-term holder case in major ways. For one, an ecosystem with steady major updates shows an active community, which in turn can support confidence around XRP’s price action over time. Related Reading: Here’s How XRP Is Making Its Next Major Push Into The Trillion-Dollar Wall Street Version 3.1.3 has already shown that XRPL developers are cleaning up the newer parts of the protocol, especially around NFTs, Vaults, Permissioned Domains, and Lending. Version 3.2.0 now appears to push that work further by strengthening the foundation of the XRP Ledger. Featured image from Freepik, chart from Tradingview.com
Vault curators allow institutions to take a hands-off approach to crypto by allocating capital along pre-set risk parameters.
Dedicated USDC vaults will provide instant liquidity to RWA holders when they want to redeem, with LPs earning redemption fees.
World Liberty Financial co-founder Zak Folkman defended a $75 million Dolomite loan and called the Justin Sun defamation case "cut and dry."
Jupiter Lend, together with Fluid and Bitwise, will provide an avenue to earn yield on the USDe synthetic stablecoin.
Coinbase users can now borrow up to $100,000 against their SOL holdings through the exchange's Morpho integration on Base.
Aave required a governance process to manipulate its rsETH oracle price to generate a deficit in the attacker’s fraudulent position.
DeFi’s latest hack wave is likely to add pressure on liquid and yield-focused crypto funds already navigating a tough market.
The Coinbase Stablecoin Yield Fund aims to generate yield by lending stablecoins and private credit investment opportunities.
Toku has integrated Paxos Labs’ Amplify platform, enabling employees to earn yield on their pay “the moment it lands.”
Aven's new bitcoin credit card will offer fixed-rate, fixed-term loans of up to 10 years at a 7.99% APR as well as unlimited 2% cash back.
AAVE, the native token of the Aave DeFi platform, is now available on the Solana blockchain network. The move will give Solana users access to one of the largest lending protocols in decentralized finance without leaving the network. This came less than two days after the Solana Foundation revealed that it would deploy part of […]
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3F has raised $4 million in funding led by Maven 11, with participation from Fidelity's F-Prime, GSR, and others.
JPMorgan said persistent hacks appear to push investors toward Tether's USDT, as users move funds out of DeFi during stress.
Circle Chief Economist Gordon Liao proposed raising USDC borrowing rates on Aave to ease post-KelpDAO liquidity strains.
Upshift is tapping Securitize Fund Services to provide independent reporting, auditing, and performance transparency for its onchain vaults.
Coinbase's facility allows UK users to borrow up to $5 million in USDC against bitcoin, ether, and cbETH via Morpho on Base.
World Liberty Financial, the decentralized finance project co-founded by the Trump family, is hastily preparing to unlock a massive tranche of its WLFI tokens after a nearly two-year holding period. The impending release will likely target a portion of the remaining 80% of public investors' allocations to the project. According to Tokenomist data, this translates […]
The post Trump’s World Liberty Financial borrows $75M against illiquid WLFI tokens with 16B token dump incoming appeared first on CryptoSlate.
The project said it did supply WLFI as collateral and borrowed stablecoins, but it is 'nowhere near liquidation.'
Aave commands DeFi lending, with DefiLlama showing $24.51 billion in total value locked and $17.526 billion in borrowed funds. The margin against Morpho, its closest rival, is roughly 4.1 times. Spark, the third-largest competitor, sits at $967.52 million in borrowed funds. Aave ended 2025 with 61.5% active loan market share and 52.4% lending TVL share, […]
The post Aave’s $25 billion lending empire faces a real test as key contributors exit appeared first on CryptoSlate.
Chaos Labs is the latest major Aave contributor to walk away from the project following the departure of BGD Labs and ACI.
On Mar. 31, Moody's assigned provisional Ba2 ratings to up to $100 million in taxable revenue bonds for the Waverose Finance Project. The bonds are secured by a loan to NH CleanSpark Borrower Trust 2026-1, with Bitcoin (BTC) as the pledged collateral. Those numbers set the conditions under which traditional finance agreed to work with […]
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Tesseract tested its vault architecture with six pilot participants, including crypto ETP issuer 21Shares.
Aave V4 features a hub-and-spoke architecture that concentrates liquidity to supply a wider range of markets and use cases with credit lines.
OKX Wallet users can supply assets, including USDT0, xBTC, and xETH, to earn yield that compounds automatically without giving up custody.
Bitcoin is moving deeper into US household finance as homebuyers squeezed by high borrowing costs and limited supply look for new ways to fund a down payment without selling their digital assets. On March 26, Better Home & Finance and Coinbase launched a structure that lets eligible borrowers pledge Bitcoin or USD Coin (USDC) stablecoin […]
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Aave’s upcoming V4 upgrade introduces a reinvestment module designed to put idle liquidity to work and boost yields.
Silo V3, unveiled Tuesday, adds a protocol-level insolvency protection mechanism to reduce the dependency on DEX liquidity.
The attack used a donation mechanism to bypass Venus's supply cap, a similar mechanism to the infamous Mango Markets exploit in 2022.