SEC ends probe into Aave after four years, CEO Kulechov says
According to a letter posted by the protocol’s founder and CEO, the US agency does “not intend to recommend an enforcement action” against Aave.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to a letter posted by the protocol’s founder and CEO, the US agency does “not intend to recommend an enforcement action” against Aave.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitfinex ETH longs climb to their highest level in over four years
The surge in Bitfinex ETH longs suggests heightened market optimism, but it also raises the risk of a long squeeze if prices decli...
South Korea’s Jeonbuk Bank Lends Won Against Bitcoin, Using Court Sales for Defaults
Jeonbuk Bank, a regional South Korean lender, has extended a corporate loan in won secured by Bitcoin, under a setup in which the...
Aave’s USDG rollover plan has a yield below most quoted borrowing rates
Aave’s proposed USDG rollover would let borrowers carry their stablecoin debt into a new fixed-yield USDG position, but the replac...
Strategy Spends $192 Million Buying Back Its Preferred Stock, Nearly Nine Times Its Bitcoin Buy
Strategy directed most of its spending last week toward its own preferred stock rather than bitcoin. The company announced on Mond...
Some Aave loans sit near liquidation with collateral that can take hours to cash out
Some Aave loans backed by yield-bearing collateral had narrow liquidation buffers in LlamaRisk’s Oct. 9 snapshots. Every top PT-AU...
Celsius Founder Alex Mashinsky Hit With $35M Deal and Permanent Crypto Industry Ban
Key Takeaways: Under a NY settlement, Alex Mashinsky may have to pay up to $35M in conditional payments. Celsius’s previous chief...