
Alameda liquidators lose $11.5M due to DeFi liquidations over 2 weeks
Over $4 million of losses were preventable if liquidators closed positions instead of pulling collateral, according to Arkham Intelligence.

News and updates on Aave’s lending protocol, governance proposals, and innovations in decentralized finance.

Bitcoin and Ethereum make up 91% of Bitfinex reserves, U.S. Senators want FTX executives to be held accountable for the FTX crash, and much more in this edition of CryptoSlate Wrapped Daily.

The developers submitted a proposal to the DAO on Aug. 10 requesting funds to cover payments for development work done over the past 12 months.

A governance proposal on Aave has been passed to suspend ETH borrowing following detailed simulations of high utilization of ETH caused by users attempting to receive an ETHPoW airdrop.

Aave developers believe that no Ethereum fork running on an alternative consensus can effectively sustain a viable Aave market.

Users regain access to Aave's front end after compliance API flagged Tornado Cash-dusted wallets.

Decentralization may be under attack as Aave, Uniswap, Balancer and more reportedly ban wallets which have interacted with Tornado Cash. A centralized dataset created by TRM Labs appears to be responsible for the accounts being banned.