What Happens To DeFi Today? (29 Nov 2022, Tuesday)


"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily.

Here are the news for you today.

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CHAINLINK (LINK)

Current Price: $ 7.26 (24h Changes: 2.16 %)

Current Market Cap: $ 3,568,471,861 (24h Changes: 2.24 %)

Positive News

Top 5 Altcoins to Watch in December 2022

Source: BeInCrypto

Date: Mon, 28 Nov 2022 11:00:00

Litecoin (LTC) is one of the top altcoins to watch in December. While there are no imminent developments coming up, the Litecoin price has broken out from a long-term pattern and reclaim a horizontal resistance area.

These Altcoins Can See Upswing This Week! Here Is What Alt Traders Can Expect

Source: CoinPedia

Date: Mon, 28 Nov 2022 00:57:06

It is fair enough to say that the altcoin market is not trading in a favorable territory now, as the major altcoins were dragged to their bottom levels in the price chart following FTX's demise.

Negative News

Chainlink price analysis: Link under market pressure as price steps down to $6.72

Source: Cryptopolitan

Date: Mon, 28 Nov 2022 02:28:40

The Chainlink price analysis is on the bearish side as the price has been further reduced. LINK has been under constant pressure since yesterday, as the trend has remained downward continuously for the last two days.

 

UNISWAP (UNI)

Current Price: $ 5.29 (24h Changes: -4.79 %)

Current Market Cap: $ 3,980,131,385 (24h Changes: -4.58 %)

Positive News

Uniswap price analysis: Bears overtake bullish momentum to push UNI below $5.29

Source: Cryptopolitan

Date: Mon, 28 Nov 2022 04:21:08

Uniswap price analysis is indicating a drop in price today, as the price has lowered to $5.29 after the continuation of the bearish trend since yesterday. The past few hours have been crucial for the cryptocurrency, as bulls have also tried to prevent price slippage but bears are yet in dominating position.

 

AAVE (AAVE)

Current Price: $ 60.77 (24h Changes: -3.03 %)

Current Market Cap: $ 860,309,362 (24h Changes: -3.21 %)

Neutral News

Aave community approves governance vote to decommission low liquidity asset pools

Source: AMBCrypto

Date: Mon, 28 Nov 2022 10:00:09

The Aave community, which is governed by AAVE token holders, has approved a governance vote that will see the protocol's low liquidity asset pools, such as CRV and MANA, decommissioned.

Aave pauses lending markets for 17 Ethereum-based tokens

Source: The Block

Date: Mon, 28 Nov 2022 05:23:49

Decentralized lending protocol Aave has temporarily frozen lending and borrowing markets for 17 tokens to protect itself. The post Aave pauses lending markets for 17 Ethereum-based tokens appeared first on The Block.

Aave Review 2022 – Is Aave Worthwhile?

Source: CryptoTicker

Date: Mon, 28 Nov 2022 02:47:41

This article is all about Aave review 2022 and whether Aave is worthwhile or not. Let's take a look at it in more detail.

Negative News

Aave (AAVE) Freezes 17 Low-Liquidity Asset Pools in Effort to Prevent Attacks

Source: Dailycoin

Date: Mon, 28 Nov 2022 11:00:02

The move comes after the $116 million Mango Markets exploiter Avraham Eisenberg tried to do a similar trick on Aave.

Aave delists low-liquidity asset pools to deter attacks

Source: Crypto news

Date: Mon, 28 Nov 2022 08:48:39

The suggestion published by the Aave's governing forum to block low liquidity assets pool has been executed.

Aave temporarily freezes lending markets to fend off further attacks

Source: Cointelegraph

Date: Mon, 28 Nov 2022 07:49:25

The temporarily frozen lending markets include twelve Ethereum-based tokens and five stablecoins.

 

MAKER (MKR)

Current Price: $ 645.39 (24h Changes: -1.26 %)

Current Market Cap: $ 581,455,238 (24h Changes: -1.15 %)

Neutral News

MakerDAO community votes against CoinShares' 500M investment proposal

Source: Cointelegraph

Date: Mon, 28 Nov 2022 15:00:00

About 72.43% of the community votes went against CoinShares' proposal to invest MakerDAO's funds into various traditional assets

 

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quantdoge
quantdoge

Data scientist in crypto and blockchain space.


What Happens To Crypto Today?
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