DeFi rises again as Aave hits new ATH in weekly borrowers <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDgvYjRiODg3OWYtZmUwNS00ZDBmLWFjYTMtYjIxZDBjYWQxMmI3LmpwZw==.jpg">Layer-2 chains Base and Scroll have contributed to Aave’s recent borrower and depositor growth.

Cointelegraph

DeFi rises again as Aave hits new ATH in weekly borrowers

The Aave decentralized lending and borrowing protocol has reached a new all-time high in weekly active borrowers.

Australian regulator claims 58% of crypto ads on Facebook are scams <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDgvNDQzZWZlM2ItZjdjYS00ZjkyLTkwMWMtMzRjYmVmOWM4YTIzLmpwZw==.jpg">Australia’s competition watchdog cited preliminary research that found more than half of the crypto ads on the platform breach Meta’s policies or involve scams.

Cointelegraph

Australian regulator claims 58% of crypto ads on Facebook are scams

As part of an ongoing court case against Meta, Australia

Marathon Digital buys $249M Bitcoin, reserves reach 25K BTC <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDgvZjBlOGYwODktN2Q0OC00YjlmLWI2YzQtNDIzYjNiOTZmNWUyLmpwZw==.jpg">Marathon’s latest 4,144 Bitcoin buy comes as boss Fred Thiel last month said it was adopting a “hodl strategy” for the cryptocurrency.

Cointelegraph

Marathon Digital buys $249M Bitcoin, reserves reach 25K BTC

Marathon Digital has increased its Bitcoin reserve to over 25,000 BTC by buying an additional $249 million worth of the crypto after raising cash i...

Senator Chuck Schumer pledges pro-crypto laws if Harris is president <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDgvMDQwNTU0NzktODdmMy00ZTljLWI0YzAtMjA1ZDM5NTQyMDAxLmpwZw==.jpg">Chuck Schumer, the majority leader of the United States Senate, says he will make it his goal to introduce pro-crypto legislation by the end of this year if Kamala Harris is elected president.

Cointelegraph

Senator Chuck Schumer pledges pro-crypto laws by end of 2024

Senate majority leader Chuck Schumer says he will introduce pro-crypto legislation by the end of 2024 if Kamala Harris is elected President.

Ethereum gas fees: Too low or too high? No one can decide <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDgvMjQ0ZjcwYWItMDg4MC00NmFmLTk4NjQtNTA3Y2JjNzZlNjgyLmpwZw==.jpg">Critics who have a problem with volatile gas prices — on Ethereum or elsewhere — have the wrong vision for the future of crypto.

Cointelegraph

Ethereum gas fees: Too low or too high? No one can decide

Critics who have a problem with volatile gas prices — on Ethereum or elsewhere — have the wrong vision for the future of crypto.

Price analysis 8/14: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDgvMDdjMmM1ZTMtMjkwZS00Mzc0LTkxY2QtMTExNGZlMTk4NTBlLmpwZw==.jpg">Bitcoin is finding it difficult to rise above the overhead moving averages, indicating that the bears are trying to flip the level into resistance.

Cointelegraph

Price analysis 8/14: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Sellers are unwilling to give up their advantage and are selling Bitcoin and altcoins near overhead resistance levels.