Ethereum News Daily TheBitTimes.com

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...

The Bitcoin Fear and Greed Index reached an index score of 52 over the weekend, marking the first time its hit neutral territory in three quarters. The highly-referenced Bitcoin Fear and Greed Index moved into neutral territory over the weekend following several month s of fear. On Jan. 15, the index reached a neutral level of 52, its highest since April 5. The move follows a 24% gain for the BTC over the past seven days. The market sentiment tracker hit a multi-year low of 9 in June 2022. Since then it has been hovering between 20 and 30 in the “Extreme Fear” category. Furthermore, it registered its longest-ever streak of extreme fear in mid-2022, as reported by Cointelegraph. The fear and greed index uses “motions and sentiments from different sources” including current volatility, market momentum and volume, social media and Google Trends data, among others. Together, data from these sources is used to create a straightforward number to summarize the emotional state regarding Bitc...