Aave Feeling the Squeeze Even After Failed Attempt by Mango Hacker
The trader who exploited Mango Market failed to do the same on Aave. But he did prove a point, and left Aave with $1.6 million in bad debt.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 DecryptRelated market context
Aave TVL still down 43% since KelpDAO hack
Aave, one of crypto’s largest lending and borrowing protocols, still hasn’t recovered from the April 18 hack of KelpDAO. Indeed, t...
Half of Aave’s debt sits in just 9% of positions built around one Ethereum correlation trade
Galaxy's Aug. 7 snapshot of Aave V3 Core found 19,073 loans on the protocol after applying standard filters. Fewer than 9% of thos...
Same position, half the margin: leverage goes up to 10x on Kraken Prop
TL;DR Up to 10x leverage: Bitcoin, Nasdaq 100, and the S&P 500 all move to 10x, plus increases across many more markets. Half the...
CZ Wallet Abandoned After Traders Earned Big on Signals
Changpeng Zhao, known as CZ, transferred $965,000 in BNB and BinanceLife tokens to his Giggle Academy education initiative and con...
HIVE’s $84.7 million Swedish tax provision eclipsed revenue even as Bitcoin output hit a record
HIVE Digital Technologies booked an $84.7 million non-cash Swedish tax provision tied to contested VAT exposure after adverse cour...
Ethereum wants to hide your trades from bots before they can attack
Ethereum developers are weighing a new defense against predatory trading bots that exploit pending transactions before they reach...