Aave’s proposal revealed that the liquidity layer is capable of natively supporting both supplied and natively minted assets, thereby improving integration with GHO and other collateralized protocol-native assets. Aave V4 also proposes fully automated interest rates with
The United States’ oldest and one of its largest banking organizations – BNY Mellon – recently disclosed exposure to some of the spot BTC ETFs trading on local soil. BNY has been a long-time supporter of the cryptocurrency industry, even when most US banks were publicly
Grayscale’s ETF initially launched with nearly $30 billion in AUM. However, according to Eric Balchunas, senior ETF analyst at Bloomberg, the declining AUM trend is partly due to Genesis selling GBTC shares.
Tether witnessed a “record-breaking” net profit surge, as it clocked at $2.85 billion in Q4 2023. Nearly $1 billion of this profit originated from net operating gains, primarily from interests in the US Treasury. The rest came from the surge of gold and Bitcoin reserves.
ETH, BNB, XRP, and TON are also in the red but in a less violent manner. Tron’s native token is among the few alts in the green today, charting a 3% increase.
With $5.45 billion in total value locked (TVL), Base is now ranked as the third-largest Ethereum Layer 2 network, according to L2BEAT. It trails behind Arbitrum One and OP Mainnet, which have $16.14 billion and $6.99 billion locked, respectively.
Metaplanet’s Bitcoin strategy would fortify its balance sheet against further devaluation of the yen and position the company as a BTC-focused investment vehicle.
The BitMEX’s founder sought to address the fears of the crypto community by explaining that both stablecoins used different yield generation models and USDe was unlikely to meet the same fate as UST.