Aave has announced a major internal cleanup, shutting down the Family mobile wallet and retiring the Avara brand. It plans to bring all products and teams to operate under the Aave Labs. This decision was made after a period of internal governance disputes. Add some more info in the intro.
Crypto launderers now move away from centralized exchanges and lean on decentralized tools to move funds, as revealed by new research from blockchain analytics firm Chainalysis. This is a result of improved compliance measures on the big trading exchanges, which can identify and freeze malicious transactions more quickly. Current events
The application layer of Bitcoin, Citrea, has rolled out its mainnet, permitting lending, trading and settlement directly on the BTC network. On January 27, the rollout was publicised, indicating a step toward widening the use of BTC beyond long-term holding into on-chain financial activity. Citrea places itself as an application
Bitwise, a well-known crypto investment firm, officially enters the DeFi by launching its first on-chain vault, and the product went live on January 26. The product runs on the Morpho protocol, which allows users to earn yield directly on the blockchain. The Vault is non-custodial, and Bitwise acts as a
A massive smart contract hack has been identified in the on-chain DEX aggregator SwapNet, which resulted in crypto assets to the tune of close to $16.8 million being siphoned off. Peck Shield, a security company, first reported the attack, noting the suspicious action on the platform’s SwapNet integrations, which can
The crypto project, World Liberty Financial, has ties with U.S. President Donald Trump’s family and has entered into a partnership with a satellite startup, Spacecoin, aimed at exploring the operation of decentralized finance over satellite-powered internet. The agreement focuses on a token swap, which is designed to bridge blockchain payment
The U.S. Securities and Exchange Commission (SEC) Crypto Task Force has received two new written submissions to its public input page, which have once again highlighted important issues in digital asset regulation, such as self-custody rights and the regulatory status of decentralised finance (DeFi). One of the proposals, from a
Aave, the decentralized finance giant, has transferred the responsibility of managing the social infrastructure protocol Lens to Mask Network, delegating consumer-facing execution while moving back to an advisory role that focuses on the infrastructure of the protocol. This marks a new strategy for Aave, which now wants to focus on
The Injective community has approved a governance proposal that reshapes the network’s token economics and pushes INJ into a more aggressive deflationary phase. The vote, submitted as IIP-617, concluded on Jan. 19 after four days and passed with overwhelming support, signaling strong alignment among participating token holders. According to the
Ethereum co-founder Vitalik Buterin has called for a rethink of decentralized autonomous organization (DAO) design, arguing that most DAOs remain stuck in a shallow model that fails to fix the weaknesses of politics and corporate governance. In a Monday post on X, Buterin said today’s DAO blueprint often amounts to
