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Aave parent company rebrands to Avara, adds crypto Family Wallet to offerings

Founder Stani Kulechov said the name change does not affect Aave as a lending protocol and that its latest acquisition focuses on propelling mass web3 adoption. Aave Companies, the entity behind Aave protocol (AAVE) and Aave Labs, rebranded to Avara as founder Stani Kulechov disclosed a strategy aimed at bootstrapping adoption

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Aave Companies rebrands to Avara, acquires Ethereum self-custody ‘Family Wallet’

Decentralized finance (DeFi) group Aave Companies has been rebranded to Avara as it looks to broaden its user base across the Web3 ecosystem.Stani Kulechov, founder and CEO of Avara (formerly Aave Companies), tells Cryptox that the company’s growing number of offerings, including liquidity protocol Aave, the GHO stablecoin, Lens Protocol

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Crypto Investments Still Appeal to Pension Funds, Hedge Funds, Family Offices: Survey

As many as 96% of the surveyed investors working for pension funds, wealth managers, family offices, hedge funds and investment funds see digital assets as representing an investment diversification opportunity alongside traditional asset classes such as fixed income, cash, equities and commodities, the survey found. They said they were prepared

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Michael Schumacher’s family to pursue legal action over AI interview

A German magazine has used artificial intelligence (AI) to simulate an interview with former Formula One driver Michael Schumacher and now his family said they’ll pursue legal action over the matter.The German magazine Die Aktuelle released on April 14 promised “the first interview!” with Schumacher since he suffered a serious

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Arthur Hayes, BitMEX co-founder, plans to reveal more details of his family office, the “Maelstrom”

Arthur Hayes, one of the founders of BitMEX, a derivatives exchange, has said that he is prepared to “be more public” about his family office, which is known as Maelstrom. In a post on LinkedIn, Hayes said, “You will see our head of investments, Akshat Vaidya, at conferences globe.” Vaidya worked at

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Redditor could lose young family after crypto trading addiction spirals

A self-confessed crypto trading addict and father of two is facing the dire prospect of losing his family forever after secretly racking up $180,000 in debt from his crypto trading habits. Posting his story on the r/relationship advice subreddit on Feb. 21, Reddit user “Leather_Opposite2135” said he started dabbling in cryptocurrency

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