AAVE processes $210m in liquidations without accumulating additional bad debt
Decentralized lending protocol Aave has successfully processed $210 million in liquidations without adding to its existing bad debt. Data from Chaos Labs shows that following Monday’s flash crash, which wiped out roughly $2.2 billion in crypto market value, the extreme market volatility led to a sudden spike in liquidations across the protocol. The liquidations summed […]
El Salvador purchases 2 additional BTC in a single day
The adoption of Bitcoin as a strategic asset by smaller nation-states may be the catalyst that drives bigger countries to follow suit. Source link
Bit Digital, Inc. Announces Customer Proposal to Expand Existing Agreement by an Additional 2,048 GPUs
Bit Digital, Inc. (Nasdaq: BTBT) is pleased to announce that it has received a proposal from its existing customer for Bit Digital AI to significantly expand the scope of its existing agreement. Source link
