Hong Kong-based Animoca Brands, a developer of blockchain gaming technology, has reportedly cut its target for its metaverse fund by a further 20% to $800 million, Reuters reported citing sources familiar with the matter. The blockchain gaming technology company reportedly scaled back on its billion-dollar goal due to volatility in the crypto sector.
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Decentralized Finance Lender Aave Deploys V3 on Ethereum Blockchain
High Efficiency Mode, also called eMode, allows users to capitalize on the highest borrowing power out of their collateral for correlated assets. Users can now leverage larger amounts of assets like wstETH (wrapped staked ethereum) and stake it on the Ethereum blockchain for rewards.
