Key highlights: U.S. Treasury yields continued climbing after the Federal Reserve left interest rates unchanged at 3.5% to 3.75% The 30-year Treasury yield climbed above 5.23%, its highest level since 2007, while the benchmark 10-year yield approached 4.70% Markets are now focused on upcoming inflation and labor market data for clues on whether the Fed […]
Category: News
Key highlights: Aave will phase out 75 low-activity asset reserves as part of a protocol-wide effort to reduce risk and operational costs Aave is removing underused lending markets affecting $113.7 million in positions, saying many no longer generate enough activity to justify ongoing maintenance However, Aave is expanding on stronger networks, with the protocol recently […]
Key highlights: Pi coin extended its recovery after the Protocol 26 upgrade news Mainnet node operators must upgrade before August 11 Developers said the update takes the network closer to decentralization Pi coin is up by 6% in the past 24 hours. This came after Pi Network shared that the network is rolling out Protocol […]