The DeFi lender paused withdrawals and liquidations after a malicious contract update drained tens of millions.
The attack involved updating a contract to a malicious address, affecting tokens like vUSDC and vETH.
Borrowing activity in crypto markets accelerated sharply in the second quarter of 2025, according to new figures from Galaxy Research. The study found that loans backed by digital assets across DeFi protocols climbed to a record $26.47 billion, up 42.1% from the previous quarter. That surge lifted the overall balance of crypto-collateralized loans, including both […]
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Built on Discrete Log Contracts from Atomic Finance, Lygos says its new BTC credit platform avoids the custodial risks that sank Celsius, BlockFi and Voyager.
Aave Labs' Horizon platform enables stablecoin loans backed by tokenized U.S. Treasurys and institutional funds.
Aave reached an all-time high total value locked (TVL) of $41.1 billion on Aug. 24, positioning the decentralized lending protocol as the equivalent of the 54th largest US commercial bank by total deposits based on Federal Reserve data as of Jun. 30. The money market protocol would replace the Prosperity Bank, which has $38.4 billion […]
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Decentralized lending platform Aave has launched on Aptos, marking its first deployment on a non-EVM blockchain.
Aave reached multiple all-time highs this week, fueled by the heated crypto market. The money market protocol reached $3 trillion in cumulative deposits on Aug. 15, while surpassing $29 billion in active loans on August 13, according to Token Terminal data. Additionally, Aave’s total value locked (TVL) climbed to a record high above $40 billion on […]
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Coinbase launched a second Stablecoin Bootstrap Fund to provide additional liquidity for the DeFi ecosystem via USDC. According to an Aug. 12 announcement, the initiative will target protocols across multiple blockchains, starting with Aave, Morpho, Kamino, and Jupiter. Coinbase also invited protocols seeking liquidity to reach out to the exchange. The fund represents Coinbase’s renewed commitment […]
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Coinbase has relaunched its Stablecoin Bootstrap Fund after nearly six years to increase stablecoin liquidity in DeFi.
Aave's dominance is particularly notable given its command of approximately 80% of outstanding debt on Ethereum.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ethereum, DeFi protocols, and platforms like Coinbase and Robinhood stand to benefit most from the policy shift, in Matt Hougan's view.
Senator Cynthia Lummis (R‑Wyo.) introduced the 21st Century Mortgage Act on July 29, legislation that aims to bring US underwriting into the digital era by requiring Fannie Mae and Freddie Mac to consider digital assets when assessing single‑family mortgage eligibility. The bill directs the government‑sponsored enterprises to recognize assets recorded on cryptographically secured ledgers and […]
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Over a week ago, roughly 167,000 ETH worth over $630 million was withdrawn from the Aave lending pool flipping a popular staking strategy negative.
Aave expects the initiative to expand its presence in the institutional lending space, alongside earning a share of Ink's revenue.
Euler Labs has partnered with crypto payments startup Brahma on a new credit card enabling users to make “real-world payments."
Kamino said it is now "the first major borrow/lend protocol in DeFi to onboard tokenized equities as collateral, marking a major milestone for DeFi."
Aave’s total net deposits topped $50 billion as founder Stani Kulechov sees more TradFi players adopting DeFi lending tech.
The token has established a robust support zone at $277-$280, while rising demand for DeFi borrowing and Aave's dominant role in the sector point to future gains.
The integration will allow “qualified borrowers to access USDC loans while earning ETHFI incentives,” the startup said in a statement.
The loan facility enhances Wintermute’s ability to hedge risks effectively across exchanges and maintain broad market coverage, said the firm’s CEO Evgeny Gaevoy.
Lending protocol zkLend stated in a June 25 post on X that it will wind down its operations and direct its remaining $200,000 treasury to a fund for users affected by a February security breach. The team said the exploit “deeply eroded user confidence” and ZEND’s delisting from Bybit and KuCoin amplified the negative sentiment […]
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The US Federal Housing Finance Agency (FHFA) is exploring whether digital asset holdings like Bitcoin should be considered in mortgage application processes. FHFA Director Bill Pulte announced the initiative on July 24 via X, noting that the agency is beginning a review process to determine how crypto might be used in home loan evaluations. According […]
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Aave v3 surges 55% in two months, while Maple Finance gains momentum with real-world credit pools.
Crypto research firm Artemis and DeFi project Vaults argue there is growing “institutional appetite” for onchain yield, in a new report.
Morpho V2 delivers market-driven fixed-rate, fixed-term loans with customizable terms to meet the demands of institutions and enterprises.
JPMorgan is set to begin accepting Bitcoin (BTC) exchange-traded funds as collateral for loans, Bloomberg News reported on June 4. The lender also plans to consider digital asset holdings when evaluating a client’s net worth and liquid assets, placing crypto alongside traditional categories such as equities, vehicles, and fine art when assessing lending eligibility. The […]
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Bitcoin-native lending platform Liquidium has unveiled a new cross-chain product that enables users to lend and borrow assets across Bitcoin, Ethereum, and Solana networks, according to a statement shared with CryptoSlate. The new solution is called Liquidium Cross-Chain Loans and was announced at the Bitcoin 2025 conference. Liquidium’s Cross-Chain Loans According to the company, the […]
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Some onlookers think this decentralized market function could be improved either through stablecoin price caps or "more resilient" algorithms.