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…
XRP is becoming collateral for real loans and the first market is already dominated by whales
XRP is beginning to support live dollar borrowing on Ethereum, though the market remains heavily concentrated among a handful of borrowers. A Morpho market backed by FXRP, a tokenized representation of XRP, had about 7.18 million RLUSD in outstanding…
Sentora split 50% Aave revenue, but suppliers absorb all losses
Aave DAO would own the contracts for a proposed Ethereum lending market, but Sentora would make the day-to-day decisions that shape its credit risk. In a governance proposal posted Sept. 28, the DeFi risk manager asks to operate an isolated Aave V4 Hub…
Exchanges lower token risk values, leaving leveraged traders with less breathing room
Binance lowered the collateral ratio for six tokens on Sept. 18, while Coinbase International Exchange says 29 assets will leave its eligible-collateral list on Sept. 29. That ratio determines how much of an asset’s market value an exchange recognizes…
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…
DeFi lender proposes bad-debt fix, but user USDC funds remain locked
Lending protocol Moonwell’s proposed rate changes could cut monthly interest accruing on bad debt by about 85%, according to Anthias Labs’ projection. Its Sept. 4 recovery update leaves access to USDC and a return to borrowing as separate…
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…