๐ฐ Carv completes $4 million funding led by Temasek's Vertex Ventures. techcrunch.com
TechCrunch
Carv valued at $40M as investors race to back web3 identity builders
Decentralized identity startups are having a moment as investors seek the next generation of killer applications in web3, even in times of market volatility. Blockchain-based identity systems, they argue, are the portal to user-facing applications in theโฆ
๐คAAVE may have debt problems.
Their โV2โ has a TVL of $5.5B, includes $5.16B in ETH and ETH-based tokens, $669M in WETH, and $546M in WBTC.
DeFiLlama counts $1.7 billion of that $5.5 billion as borrowed. The site also lists $350.3 million worth of assets that can be liquidated immediately, the second highest of any DeFi application.
protos.com
Their โV2โ has a TVL of $5.5B, includes $5.16B in ETH and ETH-based tokens, $669M in WETH, and $546M in WBTC.
DeFiLlama counts $1.7 billion of that $5.5 billion as borrowed. The site also lists $350.3 million worth of assets that can be liquidated immediately, the second highest of any DeFi application.
protos.com
๐ฅณ Polygon Avail is completing phase 1 of the testnet, and plans to connect 100 new validators in phase 2.
polygon technology
polygon technology
๐ Apollo said they are unlikely to take part in the fundraising for Genesis - BBG.
๐ฅณ Crypto exchange Bitget registers in the Seychelles and expands its staff by 50%.
forcast.news
forcast.news
๐ค CryptoAttack ๐ฌ๐ง
๐ต๏ธโโ๏ธ #CRV A Lookonchain analyst revealed that the giant whale's address borrowed 20 million #CRVs (about $9.9 million) from Aave and transferred 10 million of those CRVs (about $4.9 million) to OKX. In the past seven days, the address has borrowed 37 millionโฆ
๐ต๏ธโโ๏ธ Giant whale address (0x57e0), still doing credit and short operations. Currently, 92 million CRVs have been provided and 63.6 million USDC have been pledged. The safety factor fell to 124.43%, price $0.61. The current interest rate on Aave's CRV loan has skyrocketed to 251.59%.
๐ The Sandbox kicks off its three-part LAND sale on Thursday in collaboration with top brands like Tony Hawk, Snoop Dog and Playboy.
decrypt.com
decrypt.com
๐ Lawmakers ponder what to do with Sam Bankman-Fried's political money after FTX crash
the block
the block
๐ Elon Musk said that Twitter will encrypt private messages and add encrypted video and audio calls between accounts, according to Verge
๐Ark Invest purchased another 176,945 shares for ~$1.4M in GBTC.
decrypt.com
decrypt.com
๐ต๏ธโโ๏ธ #TORN Tornado Cash developer Alexey Pertsev will remain in jail at least until the end of February.
coindesk.com
coindesk.com
๐ฌ๐ง UK legislators are voting to expand the powers of the authorities to seize cryptocurrency-related property.
coindesk.com
coindesk.com
โ Core Scientific ended October with $32.2 million and 62 BTC ($975,000) and said they could run out of money before the end of the year.
coindesk.com
coindesk.com
๐ค CryptoAttack ๐ฌ๐ง
๐ Lido: There are 86,000 stETH collateral assets in Aave with a value (health factor) below 1.25. Accounts with a value below 1 can be liquidated.
๐ Health Rate fell below, liquidation began.