YFI
The YFI News Channel delivers all-encompassing coverage of everything YFI . It offers the latest news, detailed analyses, price trends and forecasts, plus the most recent changes in the market. This channel is your one-stop source for comprehensive, up-to-date insight into the world of YFI . Providing traders with the knowledge necessary for informed trading strategy and decision-making, it blends information with analysis, providing a deep understanding of the market environment. The latest two news from YFI :
Aave temporarily freezes lending markets to fend off further attacks ,
Finance Redefined: Binance leads $60M Multichain funding, Interlay raises $6.5M, Dec. 17–24
Aave temporarily freezes lending markets to fend off further attacks
The proposal was passed to reduce the risk for Aave version 2 and promote the eventual migration to version 3.
Finance Redefined: Binance leads $60M Multichain funding, Interlay raises $6.5M, Dec. 17–24
Both good and bad news filled the DeFi sector this week. Finance Redefined documents the biggest stories of the past seven days.
YFI, HXRO and AR post gains even as Bitcoin price dips to $45.5K
Yearn.finance, Hxro and Arweave managed to post positive gains even as BTC and ETH price saw sharp pullbacks.
YFI price gains 46% in just four days after Yearn Finance's $7.5M buyback
The decentralized asset management platform noted that its Treasury has more than $45 million and would pursue similar YFI buybacks in the future.
3 reasons why DeFi users are bullish on Abracadabra, Magic Internet Money and SPELL
Investors have embraced Abracadabra Money’s truly decentralized approach to DeFi and the option to draw stablecoin loans off a growing list of assets appears to be backing SPELL’s rally to new highs.
Why Tron’s Justin Sun Withdrew Over $4 Billion From Aave
On Friday, Ethereum based lending and borrowing DeFi protocol Aave (AAVE) saw the total value locked (TVL) on the platform drop about 18%. On investigation, it was discovered that the withdrawals were made by wallets connected to the founder of TRON and CEO of BitTorrent, Justin Sun who withdrew around $4.2 billion worth of ETH, WBTC, and Stablecoins from Aave’s lending pools.