Aave has stopped offering incentives to Ethereum v2 users in its native token, AAVE. At a total value-locked (TVL) of $8.57B, Aave is the third-largest DeFi protocol and the largest decentralized money market.  Aave had incentivized adoption on its v2 deployment since April 2021 by offering AAVE tokens to those that borrowed or supplied crypto.…

Analysis of the 2022 crypto bear market in the context of previous cycles.

The market capitalization of dollar-pegged stablecoins has dropped by $25B in the wake of Terra's collapse.

Crypto markets have stabilized, ending a market free-fall that erased $693B from crypto’s market capitalization from May 5 to May 12. Crypto’s market capitalization fell from $1.81T on May 5 to lows of $1.12T on May 12. The market started to rise on Friday, and now rests at $1.28T, data from CoinMarketCap shows. The crash…

Terra’s UST collapse has shattered the foundations of the algorithmic stablecoin market.

Data Indicates Bots Made Off With Huge Sum on Arbitrum

This week may have been the one of the worst weeks in crypto’s history. The fall of UST/LUNA not only impacted Terra, but also dragged the whole industry down with it. Will this mark the beginning of crypto winter? Only time will tell.

Solana, Fantom and Other Layer 1s Ride the Storm

Terra Struggling to Stabilize Crisis as Investors Flee

Terra's Flagship Token is Cratering