UPDATED FRI 06 NOV · 22:16 UTCLIVE
CryptoLow

DeFi and infrastructure: Aave buys Avon, Bitcoin quantum defense idea

Aave acquired fixed-rate lending startup Avon, and a Bitcoin Core dev's idea to trap quantum-era thieves drew praise from Emin Gün Sirer.

What we know

CoinDesk reports Aave acquired Avon to add fixed-rate lending. Emin Gün Sirer likened the quantum idea to MES vaults: revert a transaction if two signatures exist for the same funds.

Sources

@CoinDesk

“Aave acquires fixed-rate lending startup Avon”

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@el33th4xor

“if there are two signatures to the same funds, revert the transaction”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.