News list for " ending"

Liquity will redeploy V2 in mid-March, advising existing V2 users to position squaring and close loans

Decentralized lending platform Liquity said it will redeploy Liquity V2 in mid-March. The fixes for Liquity V2 have been developed. Auditors will start the audit next weekend. The redeployment of Liquity V2 is scheduled for mid-March after the audit is completed. The currently deployed Liquity V2 will become a legacy agreement. Liquity V2 Stability Pool users should immediately position squaring; Liquity V2 BOLD borrowers should close the loan while liquidity conditions remain favorable; BOLD ho...

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2025-02-21 16:26:55
Onramp partners with lending platform Arch to launch bitcoin collateralized lending service

Bitcoin financial services company Onramp and lending platform Arch have announced a partnership to launch a Bitcoin collateralized lending service. The service allows BTC holders to use their assets as collateral to obtain cash or stablecoin loans for liquidity without having to sell bitcoin.

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2025-02-20 14:51:02
After Musk slashed the money, Trump wants to send the money to US taxpayers as a special subsidy of 20% of the federal spending cut by DOGE, and may set aside another 20% to pay down the federal debt. Click to view...

After Musk slashed the money, Trump wants to send the money to US taxpayers as a special subsidy of 20% of the federal spending cut by DOGE, and may set aside another 20% to pay down the federal debt. Click to view...

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2025-02-20 04:04:52
Liquity v2 posts $17 million outflow after stability pool warning

Decentralized lending platform Liquity recorded more than $17 million in outflows within 24 hours after advising users to exit its recently launched Liquity v2 stability pool, Cointelegraph reported on Feb. 13. Additionally, Liquity v2's total lock-in value (TVL) dropped 18% to $69.60 million from its all-time high of $84.90 million on Feb. 11. The Liquity v2 pool contains three tokens - Rocket Pool ETH (RETH), Wrapped Ether (WETH), and Wrapped Lido Staked Ether (WSTETH). Among them,...

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2025-02-13 09:07:42
Slow Mist Cosine: zkLend was attacked due to a contract safeMath library vulnerability

According to SlowMist founder Cosine Monitor, Starknet's on-chain lending protocol zkLend was hacked on February 12, losing more than $9.50 million. The reason for the attack is that the safeMath library used in its market contract uses direct division when performing division calculations, resulting in a rounding vulnerability in the number of zTokens that actually need to be destroyed when calculating withdrawals. The attacker is taking advantage of this vulnerability to profit. The on-chain d...

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2025-02-13 05:50:59
Anthropic expects revenue to increase to $34.50 billion in 2027

After spending $5.60 billion in cash last year, Anthropic said it would cut that by nearly half by 2025 and expects to make as much as $3.70 billion this year as it catches up with OpenAI, two people familiar with the matter said. Anthropic also expects its revenue to grow to $34.50 billion by 2027.

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2025-02-13 00:21:07
Powell: Even if the Department of Government Efficiency cuts spending by $1 trillion, it's hard to tell how that will affect the economy

Federal Reserve Chairperson Jerome Powell said that even if the Department of Government Efficiency cuts spending by $1 trillion, it's hard to tell how that will affect the economy.

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2025-02-12 22:53:21
Cyvers Alerts: zkLend attackers attempt to launder funds through Railgun

According to Cyvers Alerts monitoring, the lending protocol zkLend suffered a loss of $4.90 million on the Starknet network. The attacker will steal the funds across the chain to Ethereum and wash them through the privacy protocol Railgun, but due to Railgun policy restrictions, the funds are forced to return to the original address.

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2025-02-12 07:38:43
zkLend announced a security incident this morning, and the team has urgently suspended the protocol withdrawal function

According to the official announcement, Starknet ecological lending protocol zkLend announced a security incident this morning. The team has urgently suspended the protocol withdrawal function and called on users to suspend deposit and repayment operations to prevent losses from expanding. The zkLend team said it is investigating the root cause of the attack and will issue a further update as the circumstances are determined.

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2025-02-12 02:47:56
Federal Reserve Chairperson Powell: Will work to end "debanking" related issues

Federal Reserve Chairperson Jerome Powell said he was committed to ending "debanking", pledged to tailor bank supervision to try to avoid overburdening banks, and said the central bank had already taken considerable steps to deal with the collapse of Silicon Valley banks.

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2025-02-11 15:41:51
Report: Crypto Venture Capital to'Bounce Back 'in 2024, Investors Still Willing to Support Mature Teams

In a new report, PitchBook reveals that crypto venture capital spending continues to remain low at the end of 2024. Deal value jumped to $2.40 billion in the final quarter of 2024, up 13.6 percent from the third quarter, but the number of deals fell from 411 to 351. PitchBook says that while the rebound in funding indicates that investors are still willing to back established teams and differentiated technologies, the continued pullback in deal numbers highlights the increasing selectivity of in...

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2025-02-10 15:21:14
The monthly rate of construction spending in the United States in December was 0.5%, and the previous value was revised from 0.00% to 0.2%.

The monthly rate of construction spending in the United States in December was 0.5%, and the previous value was revised from 0.00% to 0.2%.

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2025-02-03 15:00:02