Aave has deployed its V4 lending infrastructure on Avalanche, extending the protocol’s newest market architecture beyond Ethereum for the first time. The move is positioned as a foundation for lending pools that can be tailored to different collateral types—potentially including tokenized real-world assets—while still benefiting from shared liquidity across the Aave network. Announced as the start of a broader rollout, the Avalanche launch introduces Aave V4’s “Hub & Spoke” model. In this setup, specialized lending markets can set their own collateral requirements and risk parameters, but draw on liquidity routed through Aave’s overarching infrastructure. Key takeaways Aave V4 is now live on Avalanche, representing the protocol’s first expansion of its latest lending framework beyond Ethereum. The Hub & Spoke architecture lets new lending markets define custom collateral rules and risk settings without fragmenting liquidity. Aave says one of the early Avalanche markets is...
Acting U.S. Attorney General Todd Blanche faced sharp criticism at a Senate Judiciary Committee hearing on Wednesday as lawmakers weighed his nomination to lead the Justice Department. The backlash centered on how the department has pursued— or deprioritized—crypto-related enforcement, particularly in cases involving the broader developer ecosystem. Senator Dick Durbin, the ranking Democrat on the committee, used portions of his opening statement to accuse Blanche of weakening DOJ’s crypto enforcement capacity. Durbin referenced Blanche’s reported role in dismantling a DOJ crypto enforcement unit in April 2025 while he was deputy attorney general, arguing that the move left ongoing investigations effectively “shut down” during the Trump administration’s push toward different enforcement priorities. Key takeaways Durbin’s criticism ties Blanche’s prior DOJ actions to a broader shift in crypto enforcement, including alleged “dismantling” of the department’s crypto unit. Questions fro...