Aave’s new lending market on the Arc network has attracted almost $125 million in $USDC. However, borrowers have taken out less than …
sits
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DeFi
Aave commands 48% of DeFi loans, yet $17B sits idle – Here’s why V4 matters!
by shayaanby shayaanAave’s August surge suggested that DeFi borrowers were returning at scale, rather than rotating between smaller lenders. Its active loans rose from …
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Hut 8 HUT$79.67·At close made its name building infrastructure to mine bitcoin BTC$78,003.01, and a site it is developing in Texas will …
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Markets
Strategy sits on $1.4 billion profit on bitcoin holdings as price surges
by shayaanby shayaanStrategy’s common stock rose 10% in Friday pre-market trading to $120, the highest level in two months. www.coindesk.com
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Markets
Clarity Act sits idle over Trump ethics question as Warren asks SEC to investigate him
by shayaanby shayaanSenators Elizabeth Warren and Richard Blumenthal requested the U.S. Securities and Exchange Commission probe Trump’s memecoin. www.coindesk.com
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DeFi
New SummerFi DeFi exploit shows AI automation now sits above smart contract risk
by shayaanby shayaanSummer.fi’s automated vault incident has put delegated DeFi yield back under pressure after Blockaid said on July 6 that its exploit detection …
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Markets
Bitcoin Faces Massive Long Liquidation Imbalance As $15 Billion Sits Below Price
by shayaanby shayaanMy name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three …
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Finance
U.S. government sits on $26.5 billion gain from Intel stake, as shares surge 22%
by shayaanby shayaanThe U.S. government is holding an unrealized gain of roughly $26.5 billion on its Intel (INTC) stake after the chipmaker’s shares jumped …
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With Bitcoin trading near $69,000, Strategy is sitting on an unrealized loss on its large cryptocurrency holdings, yet the company’s founder shows …
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Mining
UAE sits on $344 million unrealized profit from its bitcoin mining operations
by shayaanby shayaanThe United Arab Emirates is sitting on roughly $344 million in unrealized profit from its bitcoin $BTC$66,481.46 mining operations, according to onchain …