Search results for "FOUR"
Today
11:01

Institutions Move $333M in US Treasury Debt On-Chain via XRP Ledger

XRPL tokenizes U.S. Treasuries, reaching about $333M in four institutional products led by Ondo Finance, with BlackRock support; overall tokenization remains under 0.01% of a $31T Treasury market. Abstract: The XRPL is expanding institutional tokenization of U.S. Treasuries, totaling about $333 million across four products, led by Ondo Finance and backed by BlackRock. Despite rapid settlement and built-in compliance tools, tokenized Treasuries still represent a tiny slice of the roughly $31 trillion market, while the ecosystem advances into post-quantum security and broader real-world asset deployment.
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XRP1,18%
ETH3,73%
23:52

Four Tokens Now Available to New York Residents on Major CEX

Abstract: A major centralized exchange announces MET, ABT, KARRAT, and WMTX are now available to New York residents on its site and mobile apps, with buy, sell, exchange, and wallet features, under a NY DFS license. Summary: Major exchange lists MET, ABT, KARRAT, and WMTX for New York residents, enabling buy, sell, exchange, send, and store on its site and apps, under a NY DFS license.
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MET32,4%
ABT14,38%
KARRAT4,02%
WMTX-4,96%
04:56

Gate TradFi Stocks section launches with trading pairs IWM, VOO, IVV, and XPENG; supports 4x fixed leverage

Gate News update: The Gate TradFi Stocks section is now live, offering four stock CFD trading pairs—IWM (Russell 2000 ETF), VOO (S&P 500 ETF—Vanguard), IVV (S&P 500 ETF—iShares), and XPENG (XPeng Inc.—W 09868.HK). All pairs support 4x fixed leverage, with a minimum order size of 0.1. This section covers CFD derivatives trading for traditional financial assets. Users can trade in the TradFi section on the Gate platform.
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01:28

AAVE (Aave) down 6.53% in 24 hours

Gate News message, April 20, according to Gate market data. As of the time of writing, AAVE (Aave) is trading at $92.32. Over the past 24 hours, it is down 6.53%, with a high of $99.17 and a low of $88.71. The 24-hour trading volume is $16.9544 million. The current market cap is approximately $140.1 million. Aave is an open-source decentralized lending protocol that provides deposit and borrowing services for users. The deposit interest rates for depositors and the loan interest rates for borrowers are calculated algorithmically based on the platform’s borrowing amount and deposit amount. The platform also uses Chainlink oracles to ensure fairness in the collateral price. AAVE’s recent important news: 1️⃣ **Kelp DAO cross-chain bridge hacked, triggering a liquidity crisis** The hacker exploited a LayerZero cross-chain bridge vulnerability to steal rsETH worth $291 million, and then used the illegally obtained rsETH to provide collateral and borrow on Aave, causing the utilization rate of Aave’s core lending pool to reach 100%. The incident triggered a chain reaction: Aave’s net withdrawals totaled $6.2 billion, and total deposits fell from $45.8 billion to $35.7 billion. This event directly hit market confidence and is the main reason for the recent decline. 2️⃣ **Multiple institutions and whales panic-selling** After the incident, multiple whale addresses sold AAVE heavily on-chain, including the "smaugvision" address selling 20,015 tokens, the 0xFC5 address selling 20,000 tokens, and the 0xA2E address selling 19,665 tokens—totaling nearly 60,000 tokens. The well-known whale "ThisWillMakeYouLoveAgain" even cut losses and stopped the loss by selling 29,400 AAVE for $2.73 million, with losses exceeding $6 million. Large-scale selling further intensified downward pressure on the market. 3️⃣ **DAO governance approves a large financing plan to support long-term development** The Aave DAO passed the first grant proposal under the Aave Will Win framework with 75% support. Aave Labs will receive $25 million in stablecoins and 75,000 AAVE (about $6.8 million) unlocked linearly over four years. Founder Stani clearly laid out the strategic direction: all product revenues will flow back to the DAO treasury, with the goal of expanding the protocol’s scale from $40 billion to the trillion-level. This financing plan provides a solid foundation for the protocol’s long-term development, but in the short term the market still needs to absorb the impact of the hacker incident. 4️⃣ **Smart money addresses build positions against the trend** On-chain data shows that over the past seven days, approximately $2.9 million worth of AAVE has flowed out of exchanges. Smart money addresses are accumulating AAVE, with their holdings increasing to 359,880 tokens. The top 100 traders saw a net inflow of $2.18 million, and the leading profit-taking wallets maintained their positions without moving, suggesting that institutional investors are optimistic about Aave’s long-term prospects and providing some support for the current price. This information is not investment advice. Please note the risk of market volatility when investing.
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AAVE1,47%
LINK0,86%
ZRO-0,24%