DeFi lending protocol Aave developer Aave Labs has revealed its ambitious roadmap for the protocol's future evolution. The firm published a proposal on May 1 2024 that outlines plans to upgrade the protocol to its next-generation version 4, with a focus on significant enhancements and expansions to the Aave Network. ...
Aave has successfully launched GHO, an algorithmic stablecoin pegged to the US dollar, on the Ethereum mainnet. The launch follows a positive response from its community of users on its proposal for developing the token. Let's GHO! Congrats to the @AaveAave community on the Mainnet Launch. https://t.co/vI7JbMLYb4 — GHO (@GHOAave) ...
Blockchain security company PeckShield has reported a multi-million dollar loss caused by an exploit that targeted yUSDT, a stablecoin produced by Yearn Finance, a decentralized finance platform. The attack affected Aave V1 and several stablecoins, including DAI, USDT, USDC, BUSD, and TUSD, all of which are pegged to the US ...
