Aave: Temporary precautionary measures have been taken after receiving the problem report, and all funds are safe
Decentralized lending protocol Aave has received reports of issues with certain features of the Aave protocol on social media. After verification by community developers, the following temporary precautions have been taken (funds are not at risk): Aave V2 Ethereum market has been suspended; certain assets on Aave V2 on Avalanche have been suspended; certain assets on Aave V3 on Polygon, Arbitrum, and Optimism have been frozen; Aave V3 markets on Ethereum, Base, and Metis, as well as V2 markets on Polygon and Avalanche, are not affected; funds on any Aave market are not at risk. A governance proposal to restore normal protocol operation will be submitted soon, and a detailed post-analysis will be released once the issue is completely resolved.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin rally above short-term holder metric has traders calling for new BTC price highs
Has Altcoin Season Started With FED Heat? Legendary Analyst Answers
Cryptocurrency analyst il Capo answered the question of whether the altcoin season has started in his statement.
How Much Will Bitcoin Price Be If Trump Wins, How Much If Harris Wins? Standard Chartered Announces Big Bull Forecast
At what price level will Bitcoin, the world's largest cryptocurrency, be after the US elections? Here are analysts' opinions.
Vitalik Buterin’s Wallet is Active Again: Detected in Onchain Data
Another movement was detected in the cryptocurrency wallets of Ethereum founder Vitalik Buterin. Here are the details.