Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-04-23
07:12

Aave Ethereum Frozen Amid USDC Liquidity Crisis; Circle Proposes Emergency Rate Hike to 48%

Gate News message, April 23 — Aave's Ethereum platform has been frozen for nearly four days as USDC utilization reached 99%, locking approximately $1.86 billion in user funds. Circle's chief economist, Gordon Liao, has proposed an emergency governance intervention to address the crisis, marking a ra
Altro
AAVE0,71%
ETH-0,58%
USDC0,02%
ARB-3,26%