Crypto News

DeFi Protocols Set New Revenue Records in December 2024

In December 2024, the top five DeFi protocols generated a record $158 million in revenue. Ethena led the charge with $56.9 million, followed by Sky, Aerodrome, Aave, and Lido, showcasing a signific...

Aave Team Critiques Ethereum Foundation Leadership: Suggested Reforms

The Aave team has publicly criticized the Ethereum Foundation's current leadership, proposing significant reforms to enhance efficiency. Key suggestions include staff dismissals and asset managemen...

Whale Increases ETH Short Position by 2,000 - Market Impact Analysis

Recent reports indicate that a whale trader has increased their short position with an additional 2,000 ETH, totaling around $7.34 million. This article explores the implications of this move on th...

Aave Community Proposes Hardcoding USDe Price to Align with USDT for Stability

The Aave community suggests an ARFC proposal to hardcode the price of Ethena's USDe to match USDT, aiming to protect users from volatility. Key figures, including Chaos Labs and LlamaRisk, question...

Whale Increases Short Position by 5,000 ETH: Is the Market Shifting?

An on-chain analyst reported that a whale has ramped up its short position by 5,000 ETH, totaling $17.64 million. The current health factor is 1.45 with liquidation risks if ETH hits $3,861.77. Dis...