LlamaRisk proposes to unload approximately $1.33 billion in Aave V3 collateral
According to The Defiant, Aave risk management agency LlamaRisk proposed a governance proposal that plans to gradually remove approximately $1.33 billion in collateral from the Aave V3 Core market on Ethereum to promote the return of the core market to underlying assets with ample liquidity. The affected core assets mainly include rsETH (collateral amount of $661.8 million), osETH ($279.4 million), LBTC ($177.4 million), tBTC ($117.4 million) and rETH ($81.8 million), in addition to eBTC, BTC.b, tETH, PT assets and LDO etc.; mainstream collaterals such as WETH, wstETH, weETH, cbETH, WBTC, cbBTC and USDe will be retained. The plan is still in the discussion stage. The initial measures will first freeze relevant reserves and set LTV to 0, leaving time for borrowers to repay, replace or migrate to Aave V4 without directly liquidating existing exposures. It is also planned to increase the reserve factor of related assets to 99% to guide the smooth exit of funds.
According to The Defiant, Aave risk management agency LlamaRisk proposed a governance proposal that plans to gradually remove approximately $1.33 billion in collateral from the Aave V3 Core market on Ethereum to promote the return of the core market to underlying assets with ample liquidity. The affected core assets mainly include rsETH (collateral amount of $661.8 million), osETH ($279.4 million), LBTC ($177.4 million), tBTC ($117.4 million) and rETH ($81.8 million), in addition to eBTC, BTC.b, tETH, PT assets and LDO etc.; mainstream collaterals such as WETH, wstETH, weETH, cbETH, WBTC, cbBTC and USDe will be retained. The plan is still in the discussion stage. The initial measures will first freeze relevant reserves and set LTV to 0, leaving time for borrowers to repay, replace or migrate to Aave V4 without directly liquidating existing exposures. It is also planned to increase the reserve factor of related assets to 99% to guide the smooth exit of funds.
21 major banks commit $270 million to Project Faro stablecoin launch by 2027
🚨 21 leading banks allocated $270 million to launch Project Faro stablecoin by 2027. Continue Reading:21 major banks commit $270 million to Project Faro stablecoin launch by 2027 The post 21 major banks commit $270 million to Project Faro stablecoin launch by 2027 appeared first on COINTURK NEWS.
🚨 21 leading banks allocated $270 million to launch Project Faro stablecoin by 2027. Continue Reading:21 major banks commit $270 million to Project Faro stablecoin launch by 2027 The post 21 major banks commit $270 million to Project Faro stablecoin launch by 2027 appeared first on COINTURK NEWS.
Binance $6B hack sends North Korea’s funds across 11 chains
The hack highlights vulnerabilities in crypto exchanges, potentially escalating geopolitical tensions and prompting stricter regulatory measures. The post Binance $6B hack sends North Korea’s funds across 11 chains appeared first on Crypto Briefing.
The hack highlights vulnerabilities in crypto exchanges, potentially escalating geopolitical tensions and prompting stricter regulatory measures. The post Binance $6B hack sends North Korea’s funds across 11 chains appeared first on Crypto Briefing.
Global banks commit $270M to stablecoin venture targeting 2027 launch
Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.
Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.
BlackRock’s crypto portfolio falls by nearly $5 billion so far in November 2026
The post BlackRock’s crypto portfolio falls by nearly $5 billion so far in November 2026 appeared first on Coinpedia Fintech News As Bitcoin (BTC) and Ethereum (ETH) led the broader crypto market into bearish sentiment over the last few weeks, BlackRock Inc. (NYSE: BLK) saw its cryptocurrency portfolio plunge nearly $5 billion so far in November 2026. As of press time, BlackRock’s crypto portfolio has reduced by $4.77 billion so far in November, according to data …
The post BlackRock’s crypto portfolio falls by nearly $5 billion so far in November 2026 appeared first on Coinpedia Fintech News As Bitcoin (BTC) and Ethereum (ETH) led the broader crypto market into bearish sentiment over the last few weeks, BlackRock Inc. (NYSE: BLK) saw its cryptocurrency portfolio plunge nearly $5 billion so far in November 2026. As of press time, BlackRock’s crypto portfolio has reduced by $4.77 billion so far in November, according to data …
Will Joseph poised to audition for leading role against Japan in Feyi-Waboso’s absence
England require back-line reshuffle after several injuries Kevin Sinfield says collaboration with clubs will be key England need to find a talented understudy for their injured star wing Manny Feyi-Waboso, and are poised to invite Gloucester’s Will Joseph to audition for a leading role against Japan on Saturday. The latter was a travelling reserve for last weekend’s Australia game and appears set for a Test recall four years after being given his debut by the current Brave Blossoms head coach, Eddie Jones. The 24-year-old Joseph, whose brother Jonathan was a regular in England’s midfield fo
England require back-line reshuffle after several injuries Kevin Sinfield says collaboration with clubs will be key England need to find a talented understudy for their injured star wing Manny Feyi-Waboso, and are poised to invite Gloucester’s Will Joseph to audition for a leading role against Japan on Saturday. The latter was a travelling reserve for last weekend’s Australia game and appears set for a Test recall four years after being given his debut by the current Brave Blossoms head coach, Eddie Jones. The 24-year-old Joseph, whose brother Jonathan was a regular in England’s midfield fo