Aave survived $8.45B in withdrawals, but risk questions remain

Aave handled $8.45 billion in withdrawals without freezing funds, but the episode raised fresh questions about hidden risks in DeFi lending. Source: Cointelegraph

Aave handled $8.45 billion in withdrawals without freezing funds, but the episode raised fresh questions about hidden risks in DeFi lending. Source: Cointelegraph

Bitcoin price action avoided volatility but failed to bounce from local lows after a hawkish Fed meeting and posturing over Strait of Hormuz control from Iran. Source: Cointelegraph

The prediction market platform is reportedly exploring a public listing after surpassing $2 billion in annualized revenue as sports contracts face mounting legal scrutiny. Source: Cointelegraph

Lawyers say MiCA rules do not bar the European Central Bank from communicating with national regulators during the application process, though crypto licensing decisions remain with member states. Source: Cointelegraph

The warning comes as the Ethereum Foundation reduces spending, adjusts its treasury strategy and undergoes a wave of leadership departures. Source: Cointelegraph

BlockShoals’ head of legal said Binance can provide trading access under the Philippine SEC’s crypto framework, while peso transfers and other central bank-regulated services require a licensed VASP. Source: Cointelegraph

Bitcoin market participants may be left in “complete disbelief” as the market reverses from a liquidity grab without another major leg lower, a trader predicted. Source: Cointelegraph

The merger of crypto, decentralized finance and traditional finance is being referred to as the “Great Convergence” at BlackRock. Source: Cointelegraph

The US commodities watchdog has settled with Celsius founder Alex Mashinsky, ending the agency’s first-ever case against a crypto lending platform. Source: Cointelegraph

Exchange inflows, slumping demand and a 31% drop in Ether futures open interest may signal that another wave of selling could hit ETH. Source: Cointelegraph