The decentralized finance (DeFi) protocol Aave has officially surpassed $30 billion in total active borrows, marking a significant achievement for the platform. This milestone comes during a period of substantial growth, driven by record capital inflows and strategic expansions. The news was first shared by the Aave team on X, subsequently verified via data from analytics platform DeFiLlama, which clearly showcases the platform’s total borrows sit at approximately $30.5 billion. This achievement is part o ...

By Omkar Godbole (All times ET unless indicated otherwise) Major cryptocurrencies, including bitcoin (BTC), rose following the Federal Reserve’s long-anticipated 25 basis-point rate cut and hints of additional easing by the year-end despite Fed Chair Jerome Powell's more hawkish tone at the following press conference. The CoinDesk 20 Index was recently up 3% over 24 hours with all members in the green. Traders can now focus on crypto-specific developments. One standout is the SEC’s approval of "accelera ...