Crypto hackers exploit third-party Aave tool to steal 114 ETH
A third-party lending adapter built on Aave was exploited to steal about 114 ETH, worth over $300,000, while the protocol itself remained unaffected. On Oct. 2, blockchain security firm SlowMist said the attacker compromised two Safe multisig wallets…
Aave’s live stock-token loans expose USDC lenders to a weekend price gap
Aave’s Base market has accepted seven Coinbase stock tokens as collateral for USDC loans since Sept. 25, giving the stablecoin suppliers who opt in exposure to a weekend pricing gap. Aave Labs said on Sept. 25 that its V4 Equities Hub was…
Aave V4’s Arc market is swimming in $76 million of USDC nobody is borrowing
Aave V4 went live on the Arc Layer-1 network on Sept. 16 and attracted USDC almost immediately. By Sept. 17, point-in-time Aavescan data showed roughly $76 million supplied, less than $100,000 borrowed, and utilization near 0.1%. Suppliers quickly filled…
Aave V4 proposal would put DAO funds first in line to absorb lending losses
Aave V4 lenders who supply wrapped Ether (WETH), USDC, or USDT to its Core Liquidity Hub on Ethereum will receive a bad-debt backstop under a policy announced in a September 11 proposal from TokenLogic. The Umbrella plan would put Aave’s DAO first in…
Aave crypto lending proposal would let emergency tools freeze markets – but not unfreeze them
Aave DAO voters are deciding whether to delegate limited V4 risk controls on Ethereum and Avalanche to Risk Stewards, tools that let approved operators make constrained changes without taking every update through a full governance vote. The proposal…