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News illustration of Standard Chartered analyst forecasting Aave token at $3500 by 2030
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Standard Chartered Sets Aave Price Target at $3,500 by 2030

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Standard Chartered analyst Geoff Kendrick has initiated coverage of the Aave token with a forecast of $3,500 by the end of 2030. The target implies a roughly 50-fold increase from current levels near $70.

Taiko, an Ethereum layer-2 network, halted block production after an attacker exploited its bridge to steal about $1.7 million. The team urged users to withdraw funds from all bridges on the network.

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The European Commission is inviting feedback on the Markets in Crypto-Assets regulation, known as MiCA.

Charles Hoskinson, the founder of Cardano, has suggested a possible split of the blockchain through a proof-of-burn mechanism following the planned shutdown of TapTools, a key analytics platform in the ecosystem.

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Kraken has introduced Bitcoin Vault, a new product that lets users earn bitcoin-denominated rewards on their holdings through DeFi strategies.

Galaxy, led by Mike Novogratz, and Sharplink have launched a $125 million private fund that will invest staked Ether in decentralized finance strategies. The move comes as institutions increasingly seek yield from their Ethereum holdings. Sharplink also reported a large quarterly loss.

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Solv Protocol is shifting more than $700 million in tokenized Bitcoin from LayerZero to Chainlink's CCIP. The move follows Kelp DAO's similar decision after a major exploit.

 

 

 

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