DeFi lending

DeFi lending and borrowing protocol Aave (CRYPTO: AAVE) is reportedly planning to launch its own blockchain after its upcoming V4 upgrade.  What Happened: The protocol's CEO Stani Kulechov disclosed the news via an X post on May 27, saying, "This is not a drill, Aave Network is planned to come...

Aave Companies, one of the primary contributors to the Aave (CRYPTO: AAVE) decentralized finance (DeFi) lending protocol, wants to initiate the decentralized stablecoin GHO as an ERC-20 token on the Ethereum mainnet. Introducing GHO by means of Facilitators enables users of the third version of...

Decentralized finance (DeFi) lending protocol Iron Bank is calling on Alpha Homora to take responsibility for its bad debt. Alpha Homora allegedly failed to provide a proposed solution to the issue despite repeated requests by Iron Bank. Iron Bank said it has been seeking a transparent and written...

DeFi protocol Huma has raised $8.3 million in seed funding. Race Capital and Distributed Global led the effort, with participation from ParaFi Capital, Circle Ventures, Folius Ventures, and Robot Ventures. Huma, which offers income-backed lending services, plans to use the funds to develop its...