Aave leads DeFi higher as crypto shrugs off surging bond market
Aave jumped 11% on speculation over a token burn, with 72 of 100 CoinDesk 100 constituents higher even as the 10-year Treasury yield sat at 5.234%.
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Aave jumped 11% on speculation over a token burn, with 72 of 100 CoinDesk 100 constituents higher even as the 10-year Treasury yield sat at 5.234%.
The Conference Board's Consumer Confidence Index fell to its lowest level in more than a decade in September, with expectations of continued weakening in business and labor market conditions.
The London-based crypto services company confidentially filed for an initial public offering with the Securities and Exchange Commission earlier this year.
Bitcoin is on track for a third straight monthly gain, but higher yields, oil prices and two major November events could test its Q4 momentum.
Why yields are rising matters more for bitcoin than how high they go.
The swap service identified more than $50 million in attempted transfers, although most rejected funds subsequently moved through other providers.
Anthropic's prospectus seen by Reuters shows big spending plans despite heavy losses. Still, pre-IPO perps barely moved on cryptocurrency exchanges.
Global stocks fell to a one-week low as Brent rose for a second day and traders added to bets on more Federal Reserve rate hikes ahead of Wednesday's PCE inflation data.
The bank is bringing its roughly $100 billion Treasury fund to institutional crypto firms without creating a tokenized version of it.
As restaking yields dried up and smart-contract risks mounted, Ethereum's top liquid restaking protocol walked away from its core business to build a crypto neobank instead.
Democrats on the Senate's Permanent Subcommittee on Intelligence published a report alleging that USDT had become a key tool for the Iranian government.
AI agents could trigger a bank run by automatically moving household cash from low-interest checking accounts to higher-yield alternatives, Slok warns.