Aave to exit Sonic, Scroll, Aptos, and three other blockchain markets affecting $98 million in supplied assets
Aave is moving to deprecate 50 low adoption reserves and wind down six deployments covering $98.1 million in supply and $15.6 million in debt. The post Aave to exit Sonic, Scroll, Aptos, and three other blockchain market...
High signal
Published in the last two hours. The story has cross-source confirmation.
Aave is moving to deprecate 50 low adoption reserves and wind down six deployments covering $98.1 million in supply and $15.6 million in debt.
The post Aave to exit Sonic, Scroll, Aptos, and three other blockchain markets affecting $98 million in supplied assets appeared first on Crypto Briefing.
Why this matters
Aave is showing up inside the DeFi theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on Crypto BriefingSame story, other sources
Cross-source coverage
2 sources
Aave proposes reserve deprecations affecting $98 million in supplied assets
Aave proposed deprecating 75 reserves and six deployments, affecting $98.1 million in supplied...
Related market context
Aave Cuts 75 Asset Reserves, Winds Down Six Blockchain Markets in $113M Risk Reset
Key Takeaways: As per the reports, Aave is planning to be phasing out 75 assets with low adoption rates and systematically liquida...
Ark Invest Rotates Within Crypto Equities, Adding Coinbase and Circle While Trimming Other Names
Ark Invest sold shares of Bitmine Immersion Technologies, Bullish, and Block as crypto-related equities extended losses across U.S...
Three Fed officials just voted for a rate hike as Bitcoin hangs by a thread on a $62,000 shelf
The Federal Reserve held its benchmark rate at 3.50% to 3.75% on July 29 in a 9-3 vote that showed real division inside the commit...
Hyperscale Data sits on $71 million in Bitcoin with a $56 million market cap – Here is why its not a bargain
The market values Hyperscale Data’s common equity below its disclosed Bitcoin holdings. Whether that gap belongs to common shareho...
Morgan Stanley is using $7.4 trillion in client assets and rock-bottom fees to hijack Wall Street’s crypto boom
Morgan Stanley’s new Ethereum and Solana exchange-traded products generated roughly $38 million in combined trading volume on thei...
Hyperliquid’s token is tanking as ETF investors flee, so why does Grayscale think it is massively undervalued?
Investors are withdrawing money from Hyperliquid-linked exchange-traded funds for the first time since the products launched. Data...