Aave’s cash pile has ballooned by 115% to $115 million since mid-2024, with the platform’s GHO stablecoin hitting a $200 million supply and reporting strong revenues.
Some 417,348 ETH, valued at approximately $1 billion remain traceable on the blockchain after being moved using privacy-focused THORChain.
The inflows come amid a slight market recovery as BTC rebounds from its monthly low, over growing pro-crypto stance from the Trump administration.
The rout in the cryptocurrency market on Tuesday brought about record outflows from spot bitcoin ETFs in the U.S
Investors pulled out funds from bitcoin and ether spot ETFs Tuesday as dwindling basis in the CME futures dented the appeal of carry trades.
Liquidations crossed the $1.35 billion level in the past 24 hours as a market slide worsened.
Bybit has returned to a 1:1 backing of client assets days after being hit by the biggest crypto heist ever.
A federal court confirmed the final tally of SBF assets the government staked a claim to, including $606 million in Robinhood stock sales and two private jets.
The state’s investment board’s stake was worth more than $320 million as of the end of 2024.
The massive demand came on a Saturday, when MoonPay’s fiat accounts were inaccessible due to the weekend with a public holiday on the following Monday for the swearing-in.
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