Ethereum News Daily TheBitTimes.com

Digital Prime Technologies, founded by former Cantor Fitzgerald executives, has launched a crypto lending platform named Tokenet, aiming to capitalize on the potential U.S. regulatory approval of Bitcoin ETFs. Digital Prime Technologies, a company launched by former Cantor Fitzgerald executives, has entered the crypto lending market with a new platform named Tokenet. The platform is aimed at positioning itself for a boom expected with the potential approval of Bitcoin exchange-traded funds (ETFs) in the United States. Already serving clients such as Xapo Bank, Tokenet allows the lending of digital assets to various players in the market, including EDX Clearing and Hidden Road Partners. The Jersey City-based company emphasizes strong risk management and user communication with features like chat for loan handling, showing its readiness to address current market needs. This move by Digital Prime comes at a critical time. The market experienced a significant void after the downfall...

The new version includes features that developers believe will increase capital efficiency and lower gas fees The third version of crypto Lending app Aave has now been deploy ed to Ethereum for the first time, according to a Jan. 27 tweet thread from the Aave team. “Aave V3” was originally released in March 2022, and it was deploy ed on multiple Ethereum Virtual Machine (EVM)-compatible blockchains shortly afterward. Until now, Ethereum users only had access to the app's older “V2” version. Aave Protocol V3 is now live on the Ethereum market ”The most exciting aspect of V3 is its flexible design, which enables a variety of new risk mitigation features, and its improved capital efficiency & decentralized liquidity – all while reducing gas costs.” @StaniKulechov pic.twitter.com/QsSnnlhEMr — Aave (@AaveAave) January 27, 2023 Aave V3 includes several Features intended to help users save on fees and maximize the efficiency of users’ capital. For example, High Efficiency mode al...