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Euler Finance hacked for over $195M in a flash loan attackEuler Finance is currently under a flash loan attack and the exploiter has managed to drain nearly $196 million in DAI and various other ERC-20 synthetic tokens. perfect! Shit like this is why crypto struggles with broader adoption. 🧐
Source: Cointelegraph - 🏆 562. / 51 Read more »
UK finance minister Hunt says he can't rush into tax cutsBritish finance minister Jeremy Hunt said he wanted to lower tax rates for individuals and especially businesses in the longer term but warned it would take time because the economy needed to grow more quickly first. No he has to save them for the next election to try to bribe people to vote Tory.
Source: Reuters - 🏆 2. / 97 Read more »
UK finance minister, Bank of England working to minimise SVB falloutBritain's finance ministry and the Bank of England are working together to minimise the disruption that could stem from the UK arm of collapsed U.S. bank Silicon Valley Bank, the ministry said on Saturday. When I see that headline, I hang onto my wallet that much tighter... At the end of 2022, SVB had $175.4 billion in deposits.
Source: Reuters - 🏆 2. / 97 Read more »
Curve Finance trading volume reaches $7B historic high after USDC depegThe DeFi pool Curve Finance is facing its highest daily trading volume as USDC and other stablecoins depeg. Let’s see an official profile for you guys on AstroSpaces 🤍 That's not surprising at all
Source: Cointelegraph - 🏆 562. / 51 Read more »