Aave climbed greater than 15% in 24 hours to commerce round $82.77, bucking a broad crypto selloff that dragged Bitcoin (BTC) beneath $60,000 for the third time in June. While most main tokens fell in lockstep with a broader crypto leverage selloff, AAVE pushed larger on bettering protocol fundamentals and recent institutional consideration. USDT Deposits…
A extremely watched Hyperliquid ETH lengthy has change into a public stress level for merchants monitoring whale leverage in real time. On June 23, Lookonchain said the account it recognized as Machi Big Brother was liquidated 7 occasions over 10 hours whereas nonetheless holding lengthy positions. Seven compelled exits in a single 10-hour window would…
Standard Chartered has initiated protection on Aave (AAVE) with a worth goal of $3,500 by the tip of 2030. The name implies a practically 50x acquire and would see AAVE outperform each Bitcoin (BTC) and Ethereum (ETH). The forecast rests on one massive assumption. Standard Chartered expects tokenized finance to maneuver on-chain at scale. It…
Hyperliquid’s greatest benefit is beginning to seem like its cleanest authorized danger: the no-KYC entry model CZ says Binance can not copy. In a Galaxy Brains episode published June 18, Galaxy’s Alex Thorn spoke with Binance founder Changpeng Zhao concerning the crypto cycle, perps transferring onshore, prediction markets, and Hyperliquid’s no-KYC model. Thorn’s June 16…
Goldfinch, a crypto lending platform that linked investor capital with real-world debtors, is now exhibiting what occurs after the lending increase ends: the hard threat sits in accumulating from debtors as soon as progress has slowed. The June 12 GIP-87 proposal would cease new protocol growth, wind down Goldfinch Prime, hold legacy app entry obtainable,…
A warning by Ethereum L2 bridge Taiko has given rollup users a situation they not often plan for: a safety incident wherein the most secure plan of action was to withdraw funds earlier than the bridge layer offered a full public rationalization. The community mentioned in a security notice that it had confirmed a compromise…
Solana Foundation is making an attempt to show pro-trader subsidies into chain-level market construction. With Frontier Traders, the Foundation introduced a program on June 17 that aggregates activity throughout Solana venues, affords VIP rebates, and covers precedence infrastructure for certified customers. The bundle strikes Solana’s pitch nearer to the manner giant buying and selling venues…
A verification dispute at MainStreet triggered a broader confidence scare throughout yield-bearing stablecoin merchandise, sending greater than 8.5 million USDT out of Altura in 24 hours and prompting the crew to provoke an orderly vault wind-down. CEO Ranveer Arora said customers redeemed greater than $8.5 million earlier than the wind-down started. Altura additionally stated it…
Venus Protocol has turned the use of tokenized stocks as DeFi collateral right into a 2026 BNB Chain take a look at by including bStocks markets to its Core Pool, making a option to assess lending risk controls before energetic borrowing turns into the principal story. The June 20 rollout covers bStocks tied to Tesla,…
Ethereum’s most distinguished MEV bot operator, Jaredfromsubway.eth, escalated his response to a $15 million honeypot exploit, providing the attacker a 50% white hat bounty to return the stolen ETH inside 48 hours. Jared first broke his silence on X, attributing the assault to weeks of preparation utilizing pretend token contracts and fabricated liquidity swimming pools….