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Nexus Mutual has transferred $250,000 to reimburse users caught in Arcadia Finance’s $3.5 million exploit, marking one of Base blockchain’s first major insurance settlements. The payout arrives as Arcadia’s own recovery plan remains weeks from implementation. Summary Nexus Mutual paid $250,000 to victims of Arcadia Finance’s $3.5 million hack, marking one of Base chain’s first major insurance settlements.The payout offers early restitution ahead of Arcadia’s own delayed

AAVE crypto price continued its freefall this week, hitting its lowest level since June 28. The token has entered a local bear market after falling 23% from its July high of $337. Summary Aave crypto has moved into a local bear market after falling by 23% from the July high.The total value locked in the ecosystem surged to a record high this week.Data shows that the fees and revenue in the network is soaring. AAVE crypto price crashed despite booming ecosystemAave (A