-
Crypto Trader Loses Nearly $50M in Aave Trade, Protocol Offers $600K Fee Refund
A crypto trader lost almost the entire value of a $50 million transaction on Thursday after executing a large swap for Aave’s governance token through the decentralized finance protocol’s trading interface. The user attempted to buy AAVE with $50 million worth of the stablecoin USDT through the Aave interface, according to a statement posted on X by Aave founder Stani Kulechov. Because the order was unusually large relative to available liquidity, the interface issued a warning flagging “extraordinary slippage” and required the user to manually confirm the risk. The trader then proceeded with the swap on a ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From @MarketNews_Feed|Mar 12, 2026|2 commentsUS TRADE REPRESENTATIVE BEGINS PROBES OF 60 COUNTRIES UNDER SECTION 301(B) OF 1974 TRADE ACT ... USTR Launches 60 Section 301 Probes on Forced Labor, Covering UK, EU, China, Canada, Japan, S. Korea, India, Russia, Venezuela
From thestreet.com|Mar 12, 2026In a conversation with TheStreet Roundtable’s Alp Gasimov noted that StoneX shares have surged more than 50% over the past year and nearly 300% over the past five years, ...
From financefeeds.com|Mar 12, 2026Patrick Witt, a President Trump’s crypto advisor, has argued that stablecoins could drive significant global capital flows into the American banking system. Witt, the executive ...
-
- Newer Stories
From media.rabobank.com|Mar 12, 2026|1 commentThe war in Iran creates a new stagflationary shock, and the duration of the conflict dictates the severity. The policy outlook is now inextricably tied to the situation in the ...
From financefeeds.com|Mar 12, 2026The U.S. Senate approved a major housing bill this week that includes a provision banning the Federal Reserve from issuing a central bank digital currency until Dec. 31, 2030. The ...
From cnbc.com|Mar 12, 2026|1 commentThe U.S. on Thursday stateside announced new trade investigations into 60 economies over what it termed as probes aimed at determining if these economies failed to curb imports of ...
