June 15th, 2025
Aave News - Page 8
DeFi’s Institutional Push: Lending Protocol Aave Raises $25 Million
By Bhushan Akolkar
October 13th, 2020
The new funds raised by Aave will be used for attracting more institutions towards the decentralized finance (DeFi) market as well as further expanding its presence in the Asian market.
Bloodbath in DeFi Market: Combined Market Cap of DeFi Assets Crash 25% in One Day, Volumes Drying Up
By Bhushan Akolkar
October 8th, 2020
DeFi markets are seeing a sharp correction amid heavy profit-booking in the market. Over the last week, top DeFi tokens registered double-digit corrections. The positive indicator is DeFi users have multiplied by 3x over the last three months.
BitMax and Offshoot of Japan’s LINE Debuts Crypto Lending Service
By Godfrey Benjamin
October 7th, 2020
The move to launch the cryptocurrency lending service will go a long way in bringing the much revered DeFi product to thousands of BitMax customers.
Flash Loans on Aave Protocol Close to Half a Billion Dollars
By Godfrey Benjamin
October 1st, 2020
The Aave Flash Loans service enables users to borrow instantly and easily, no collateral needed provided that the liquidity is returned to the pool within one transaction block.
Uniswap Is First DeFi Protocol to Hit TVL of $2 Billion
By James Lovett
September 28th, 2020
DeFi project Uniswap has reached a milestone of $2 billion in total value locked (TVL). The news is encouraging, considering that earlier in the month it launched its token UNI.
Stablecoins Supply Breaks $20B Milestone, It Is Almost 300% Year-to-Date Surge
By James Lovett
September 25th, 2020
Stablecoins value has now hit $20 billion, a new surge. Growing investors’ demand to caution themselves from COVID-19 pandemic effects on crypto and traditional markets is attributed as the main reason.
Uniswap’s UNI Price Rose 215.70%, Token Ranked 26 on CMC with $891M Market Cap
By Steve Muchoki
September 18th, 2020
Within a single trading day, Uniswap token, UNI, has been listed in more than one dozen exchanges, hereby it is featured in almost 40 pairs.
Aave, Synthetix, Eight Others Join Huobi-Backed Global DeFi Alliance
By Godfrey Benjamin
September 15th, 2020
By joining the Global DeFi Alliance, the new members are expected to support the core visions of the body which involve assisting in the development and adoption of DeFi at a global scale.
Coinbase Pro to Launch YFI Trading Support Next Week
By staff writer
September 11th, 2020
Beginning next week, yearn.finance’s token is set to be available for trading on Coinbase Pro. Recently, the platform has added a number of new tokens, including UMA, CGLD, OMG, NMR, MKR, BAND and COMP.
DeFi Tokens Rebound: Market Bounces by 19% in 24 Hours
By staff writer
September 10th, 2020
The increasing popularity of the DeFi sector is causing its tokens to outperform the entire Ethereum ecosystem.
Bitstamp Exploring Support for 25 Additional Cryptos and Stablecoins for Potential New Listings
By Darya Rudz
September 4th, 2020
According to Bitstamp, exploring the 25 listings does not disqualify any other assets from being monitored for potential listing at Bitstamp.
Tron Foundation Announces Genesis Mining of SUN Token
By Godfrey Benjamin
September 2nd, 2020
Being a DeFi community governance token, the SUN token is a ‘meme’ coin designed with encryption and artistic expression in focus.
Oasis Network Works with Chainlink to Enable Support for DeFi
By Teuta Franjkovic
August 29th, 2020
Oasis Network’s privacy-preserving components will have the ability to collect data from multiple sources via Chainlink and use it as input for privacy-preserving computation models that only release the outputs while the data and the models are kept private.
Binance Futures to Launch DEFI/USDT Index
By Godfrey Benjamin
August 26th, 2020
Leading DeFi tokens that make up the Binance DEFI composite index includes Chainlink (LINK), Maker (MKR), 0x (ZRX), Band Protocol (BAND), Kava.io (KAVA), Kyber Network (KNC), Compound (COMP) and Aave (LEND).
LEND, Aave Native Coin, Rallies to ATH, Besides Leading the DeFi Ecosystem
By Steve Muchoki
August 26th, 2020
Having rallied over 16% in the past 24 hours, Aave (LEND) is trading around $0.849. The rally is attributed to more than one fundamentals but notably, Aeve recently received an Electronic Money Institution license from the UK Financial Conduct Authority.