DeFi plays the blame game
Protos breaks down the arguments over who’s to blame for the $14B meltdown sparked by Saturday’s $290M hack
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DeFi sector in $14B meltdown as $290M rsETH hack fallout burns Aave
DeFi is in crisis mode with multiple lending markets at full utilization after $290M of Kelp DAO’s rsETH was hacked from Layer Zero.
Aave developer BDG Labs to ‘cease contribution’ after DAO drama
The latest in a string of Aave DAO disputes sees BGD Labs quit, citing Aave Labs’ behavior around v4 and centralization concerns.
Aave Labs v DAO: Who controls the money — and the brand?
The Aave DAO seeks to take control of “brand assets” from Aave Labs, and the result will have a “long-lasting impact on DAOs in general.”
Aave Labs faces backlash over CoW Swap integration
An Aave Labs integration of CoW Swap promising better prices and MEV protection has sparked a debate over whether fees belong to the DAO.
Is Aave’s ‘Balance Protection’ backed by Relm — an FTX insurer?
The DeFi community has voiced concerns around who and what is covered by Aave’s million-dollar “Balance Protection” for app users.
Justin Sun’s Poloniex and HTX withdraw huge amounts from AAVE
Justin Sun-owned HTX and Poloniex have both used exchange wallets to withdraw hundreds of millions from AAVE.
Nobody knows why HTX is juggling $1B USDT on Aave
HTX, the Justin-Sun advised exchange, has been depositing and withdrawing hundreds of millions of dollars worth of USDT on Aave.
HTX withdraws $570M from Aave, briefly spikes lending rates
Justin Sun-advised HTX withdrew $570M from Aave, briefly spiking borrowing and lending yields, before depositing $600M back into the protocol.
Aave proposal to peg Ethena’s USDe to USDT raises concerns
While keen to avoid being labeled as a stablecoin, Ethena's USDe is being used as such across some of DeFi's biggest players.