Kalshi Launches BNB ADA WLD AAVE Venice Perps
@Kalshi expands perpetual futures offerings with $BNB, $ADA, $AAVE, $WLD, and $VVV now live for trading; CFTC-approved contracts leverage varies. #Update #Crypto $BNB
Aave
Aave Survives $8.45B Withdrawal Surge
@Aave survived $8.45B in withdrawals after the KelpDAO rsETH bridge exploit caused liquidity stress, raising concerns about DeFi’s stability despite its resilience. #Update #Crypto $AAVE
AAVE Soars to $175 with Grayscale Model
Grayscale Research projects Aave’s value could reach $175 in one year, with current fair value at $80-$100; Aave trades at $75. Revenue growth expected due to lending and institutional products. #Update #Crypto $AAVE
Bitcoin Collateral: Aave Approves Circle Wrapped
Aave Labs proposes adding Circle Wrapped Bitcoin (cirBTC) as collateral on Aave V3 and V4 Core, pending community feedback and governance approval. #Update #DeFi $AAVE
Aave Defends Resilience After $8.45B Bank Run
@Aave’s CEO Stani Kulechov defends the protocol’s resilience after a $292M exploit led to an $8.45B deposit run, revealing reliance on a $300M bailout and plans for V4 risk management overhaul. #Update #DeFi $AAVE
Aave Restores Operations with $300M Backstop
Aave restores full liquidity after a $300M exploit, securing an emergency court order to reclaim $71M in Ethereum. New risk measures implemented to prevent future breaches. #Update #DeFi $AAVE
Aave Revamps Standards After $230M Exploit
@Aave is overhauling its asset listing standards after a $230M exploit linked to KelpDAO’s rsETH bridge, emphasizing the need to assess bridge and operational risks. #Update #DeFi $ETH
Bitcoin Collateral Vote: Aave DAO Decides
Babylon Labs proposed Aave DAO accept native BTC as collateral via Trustless Bitcoin Vaults on Aave V4, potentially boosting $5B WBTC demand. #Update #DeFi $BTC
Chainlink Expands SVR Leading Oracle Economy
Chainlink expands its Secure Verifiable Randomness (SVR) capabilities, reinforcing its leadership in the Oracle economy. #Update #Oracle $LINK
Ethereum Markets Normalize as Aave Recovers WETH
Aave has temporarily frozen WETH, rsETH, and wrsETH reserves as a precaution following the Kelp DAO exploit. Normal operations for WETH markets are resuming amid recovery efforts. #Update #Crypto $AAVE
Bitcoin Glitches Spark AAVE Dump Chaos
@Coinbase boosts $HYPE 17% to $46.93 as Hyperliquid grants USDH treasury rights; Multicoin Capital dumps AAVE after a 55% drawdown, now $40M underwater. #Update #Crypto $AAVE
AAVE Plummets Multicoin Capital Moves $40M
Multicoin Capital moved 286,057 $AAVE ($26M) to Coinbase Prime on May 16 after a $40M loss, indicating a potential OTC exit. #Update #Crypto $AAVE
Ethereum Hearing Delayed for Aave’s $71M Bid
A New York judge has postponed a decision on @Aave’s attempt to unfreeze $71 million in ETH linked to the Kelp DAO hack, requesting further information before a June hearing. #Update #Legal $ETH
Ethereum Recovers rsETH After LayerZero Flaw
@LayerZero acknowledges a security oversight after the KelpDAO breach, prompting an infrastructure overhaul. Aave reports recovery progress for stolen rsETH funds. #Update #DeFi $AAVE