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Money Market Protocol Aave Settles $300 Million in Defi Flash Loans


This weekend the decentralized money market protocol Aave broke records as the community witnessed a massive flash loan of $14 million worth of the stablecoin DAI. So far, the Aave protocol has seen over $300 million in flash loans to-date and this trend doesn’t seem to be abating any time...

Doom Damage Flash on Scroll


The video game Doom famously would flash the screen red when you were hit. Chris Johnson not only took that idea, but incorporated a bunch of the UI from Doom into this tounge-in-cheek JavaScript library called Doom Scroller. Get it? Like, doom scrolling, but like, Doom scrolling. It’s funny...

Inside the Flash Crash & DeFi’s Most Recent All-Time High


Powered by Every week, IntoTheBlock brings you an on-chain analysis of top news stories in the crypto space. Leveraging blockchain’sContinue Reading The post Inside the Flash Crash & DeFi’s Most Recent All-Time High appeared first on CoinMarketCap Blog

Inside the Flash Crash & DeFi’s Most Recent All-Time High


Powered by Every week, IntoTheBlock brings you an on-chain analysis of top news stories in the crypto space. Leveraging blockchain’sContinue Reading The post Inside the Flash Crash & DeFi’s Most Recent All-Time High appeared first on CoinMarketCap Blog

Brace For More Bitcoin Flash Crashes In This Bull Market - Hut 8 Founder


Brace yourselves as more bitcoin (BTC) flash crashes are coming in this new bull market, a crypto investor and entrepreneur warned. “Too much leverage” on crypto derivatives exchanges combined with low liquidity levels and “inexperienced traders” crashed the market this past Sunday, according...

Zero Collateral: $138 Million in Defi Flash Loans Issued in 24 Hours


The decentralized finance (defi) realm continues to heat up with concepts like yield farming, but another scheme called defi flash loans has also grown exponential. On Monday, the noncustodial lending protocol Aave issued $138 million in loans with zero collateral. Since the last week of June, defi...

XRP Soars Higher as Three Bullish Technical Signals Flash


Despite only slight gains seen in bitcoin (BTC) and most major altcoins today, the Ripple-affiliated XRP token continued its surge higher in the market, while technical analysis shows several bullish signals. At pixel time (10:59 UTC), XRP was up by almost 9% over the past 24 hours, with...

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