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Crypto DeFi

Aave Risk Manager LlamaRisk Proposes Borrowing Caps After $44.6M Binance Hack-Linked Loan

LlamaRisk, Aave’s risk manager, plans to cap how much can be borrowed from the lending protocol over set periods, CEO Adam Sadowski said, six days after a wallet tied to the Binance hack drew a $44.6 million ETH loan from Aave. The move would introduce time-based borrowing limits on the DeFi lender.

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