Aave Protocol Outpaces Maker With $1.4B Locked, Defi Project Granted UK Electronic Money License

The decentralized finance (defi) open-source protocol built on Ethereum, Aave, has surpassed the Maker Dao project in terms of total-value-locked (TVL) this week. The lending and borrowing platform Aave has $1.43 billion locked on Tuesday climbing 7.7% in the last 24-hours. On August 25, the defi project Aave (the Finnish word for ‘ghost’) has seen … Read more

PR: Money Token Applies for Royalty-Free Patent on Crypto-Backed Lending Technology

WIPO, the World Intellectual Property Organization, has received a new patent application, owned by the MoneyToken project, as announced on the MoneyToken blog. The application describes a blockchain-based technology process of decentralized lending, secured by cryptocurrency assets as collateral, that doesn’t require vouching agents and that uses smart contracts and multi-signature wallets within the crediting … Read more