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Aave Reopens WETH Borrowing After Security Incident
Published 1 week ago
Description
Aave Reinstates WETH Borrowing: A Sign of Stabilization in DeFi
After a security incident in April that led to the suspension of WETH borrowing, Aave has lifted restrictions, allowing users to borrow against WETH across six networks. This move, following the recovery of over ninety-five percent of stolen funds, signals that the immediate panic may be over and the DeFi system is stabilizing.
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