Aave protocol’s GHO stablecoin now live on Arbitrum
The deployment of the GHO stablecoin on the Ethereum layer-2 network will leverage Chainlink’s CCIP interoperability protocol.
Related Posts


For Some Reason, Wash Trading Happens on Decentralized Exchanges Too
Decentralized exchanges are generally liked for their transparency and lack of custody, reducing the trust requirements in their operators.Many centralized exchanges have been caught in a peculiar type of manipulation used to inflate their trading volumes. This was first highlighted by the Bitwise Report released in March 2019, which analyzed trading patterns on some of…

UK financial markets bill authorizes regulation of stablecoins, service providers
Crypto regulation came through as expected in the Financial Services and Markets Bill in spite of changes in government personnel and the collapse of the crypto market. 311 Total views 6 Total shares The Financial Services and Markets Bill was introduced into the United Kingdom's Parliament on Wednesday. The comprehensive bill, which was meant to…

‘Crypto Tsar’ needed to ensure coordinated approach in the UK: EU lawmakers
APPG Chair Lisa Cameron emphasized the report's significance in securing the UK's leadership in the crypto sector and safeguarding consumers. A lawmaker group in the United Kingdom has published its recommendations to the government for the crypto and digital asset space. The list of recommendations includes the appointment of an official who will ensure a…

Panic seller loses $222K in AAVE amid market fluctuation
A crypto investor’s AAVE panic sale incurs a significant loss, underscoring the risks of emotional trading strategies in uncertain markets.

Citi’s bullish Coinbase target: ‘Buy crypto’s general store’
Multinational investment bank thinks Coinbase stock is worth 30% more than its current price. 187 Total views 19 Total shares Financial services multinational Citi initiated coverage of U.S. crypto exchange Coinbase’s stock this week with a very bullish price target.Citi analyst Peter Christiansen told investors that they could “buy crypto’s general store,” in a research…

Bakkt shifts focus to custody services, adds support for DOGE, SHIB, other coins
Crypto firm Bakkt appears to be returning to digital asset custody as its primary business, adding support for six new coins, according to an announcement on Nov. 15. Aside from Bitcoin (BTC) and Ether (ETH), Bakkt will expand its custodial support to include Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum Classic (ETC), Litecoin (LTC), Shiba Inu (SHIB) and

Ethereum crashed by 94% in 2018 — Will history repeat with ETH price bottoming at $375?
Ethereum's native token Ether (ETH) is showing signs of bottoming out as ETH price bounced off a key support zone. Notably, ETH price is now holding above the key support level of the 200-week simple moving average (SMA) near $1,196. The 200-week SMA support seems purely psychological, partly due to its ability to serve as bottom levels…

Winklevoss twins pledge $2M for Trump, claiming Biden waged war on crypto
Tyler Winklevoss claimed that anyone who disagreed that Donald Trump was the pro-crypto choice for U.S. President was “delusional.”