Wharton Professor Calls for Emergency Rate Cut Following Market Downturn
Submitted by Anonymous (not verified) on Tue, 08/06/2024 - 03:40



The founder of decentralized finance protocol Aave said the platform generated $6 million worth of revenue during Monday's crypto market sell-off.<



The broker raised its year-end price target for the software company to $2,150 from $1,875.
The move will take effect on Wednesday and will be open to clients with a net worth of at least $1.5 million.
For the moment, only bitcoin and ether can be traded, while the company works on "expanding our crypto offerings in the near future."
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