This included transferring 200M USDT from HTX to Aave. Whale Alert sounded. All of a sudden, headlines screamed about institutional adoption and the bright future of DeFi. Before we start toasting with bubbly, let’s slow our roll. Is smart money finally realizing the prominence of decentralized finance? Or rather is...
The world of DeFi is fast-moving, and in a relatively illiquid market, large transactions can dramatically alter market dynamics. Just last week, one whale from the HTX exchange deposited $200 million USDT into Aave, the largest decentralized lending protocol by total value locked. This short article dives into the possible...
Just today, a large transfer of 200,000,001 USDT (~$200MM) just moved out of the centralized exchange HTX. It went straight to Aave, one of the world’s foremost decentralized finance (DeFi) lending protocols. Whale Alert flagged one of the largest DeFi related transactions that has the attention of crypto advocates and...
Crypto news has been abuzz this week about HTX, formerly Huobi, moving a nifty $200 million in USDT over to Aave. When the blockchain-monitoring organization Whale Alert sounded the alarm, the crypto world listened. Let's cut through the noise and ask the real question: what does this actually mean for...
Decentralized Finance (DeFi) is fundamentally changing the world of finance. It offers novel approaches to lending, borrowing and trading. DeFi platforms conduct their activities on public blockchains —mostly Ethereum— which allows users to interact directly with financial services, skipping the need for intermediaries. Aave, Synthetix, Curve Finance, and BYDFi are...
BitMEX co-founder Arthur Hayes just took a huge jump into the decentralized finance (DeFi) arena. So far, he has dumped $2 million into LDO and AAVE tokens. This specific allocation, disclosed by on-chain analyst @EmberCN, highlights the strength of Hayes’ bullish thesis on the core DeFi infrastructure. The investment is...
As a new financial frontier, the world of decentralized finance (DeFi) is always changing, as large moves and investments can sometimes be an indicator of market trends to come. Just this past week, a speech potentially given by Arthur Hayes, the co-founder of BitMEX, made waves. It acquired $2.05 million...
Together, the growing decentralized finance (DeFi) lending ecosystem is changing the face of financial services. With this web3 financial tool, users can borrow and lend crypto assets directly to each other, bypassing traditional intermediaries entirely. This cutting-edge approach opens the door to utilizing Web3 DeFi protocols fueled by smart contracts....
You’ve listened to the siren song of DeFi lending, your assets growing with juicy APYs that normal finance only scoffs at. In some DeFi circles, AAVE and Kamino are routinely considered as the budding DeFi superstars. Before you blindly ape into these platforms, let's talk about something most influencers conveniently...
The world of decentralized finance (DeFi) is just beginning to explore the art of the possible. Users can earn interest on their digital crypto assets or borrow against them. DeFi lending protocols lie at the heart of this ecosystem. Taken together they provide the building blocks that will enable anyone...