USDT loses peg following massive sell-off on Curve 3Pool

Tether lost its 1:1 peg to the US Dollar as traders swapped millions of USDT tokens for other stablecoins on Curve 3Pool.

Aave sets stablecoins’ LTV to zero on Avalanche V3

Aave has set the LTV of certain stablecoins on Avalanche V3 to zero to reduce the volatility risks caused by USDC’s price drop.

Binance and Huobi freeze $1.4M worth of stolen crypto assets

Binance and Huobi have frozen $1.4M worth of crypto assets stolen by North Korean hacking group, Lazarus. The exchanges were able to suspend the accounts linked to Lazarus thanks to the findings of Elliptic.

Aave DAO Approves Proposal To Implement Chainlink’s Proof-Of-Reserves On Avalanche

The Aave DAO has voted in favor of using Chainlink’s Proof-Of-Reserves to secure bridged assets on Avalanche.

Bitcoin Sees Record Increase In Number Of Holders Who Use Self-Custody Wallets

A recent report published by Glassnode revealed that the number of Bitcoin (BTC) users who have stored their BTC assets in self-custody wallets has hit an all-time high.