News list for " Currently"
Interest rate futures currently show that traders now expect the Federal Reserve to cut interest rates three times this year, starting in June alone.
Traders are now pricing in the possibility that the Federal Reserve's rate cut will begin in June rather than May.
Cryptocurrency project Ethena has now raised $100 million to fund the launch of a similar token for the traditional Financial Institution Group. According to a person familiar with the matter, the financing, which was not previously reported, was completed in December and attracted investors including Franklin Templeton and F-Prime Capital, a venture capital firm owned by Fidelity Investments.
On February 24th, Christian, the founder of Infini, said in the community that the current withdrawal is normal, and the personal funds are advanced first.
U.S. stocks continued to decline, with all three major indexes down more than 1%. So far, the Nasdaq is down 1.35%, the Dow is down 1.28%, and the S & P 500 is down 1.06%. Tesla is down more than 4%, and Google and Amazon are down more than 2%.
Ethena Labs posted, "We are aware of the current situation at Bybit and will continue to monitor developments. A reminder: All USDe-backed spot assets are held in OTC custody solutions, including ByBit through Copper Clearloop, for precisely this reason. No exchange (including Bybit) holds a dollar of spot-backed value. Currently, the total unrealized gain and loss associated with Bybit's hedged positions is less than $30 million, less than half of the reserves. Currently, USDe's collateral rati...
Slow Mist Cosine published an analysis on the X platform saying that although there is no conclusive evidence yet, the security incident of Bybit is in line with the characteristics of the North Korean hacker gang from the perspective of the attacker's intrusion method against Safe multi-signature and the current way of money laundering. Cosine cited the previous case of Radiant Capital being hacked by North Korea.
FTX creditor representative Sunil revealed that users in five regions including Russia, China, Egypt, Nigeria and Ukraine are temporarily unable to participate in FTX bankruptcy estate distribution. Among them, China has the largest number of users, accounting for 8% of the total number of FTX users. FTX is reviewing relevant solutions.
ZK Nation announced in a post on the X platform that the voting period for ZIP-6 is scheduled to end at 18:15 UTC on February 27 due to the current voting quorum. It is reported that the proposal will upgrade the governance contract and redeploy all governance contracts, including those related to the ZKSYNC protocol upgrade mechanism, namely the protocol UpgradeHandler, which is responsible for executing the protocol upgrade of Ethereum approved by the Token Assembly.
Ethereum co-founder Vitalik Buterin wrote that there is currently no so-called "ETH 3.0". Although Justin Drake's five-year plan is often mistaken for ETH 3.0, the plan involves only the consensus layer, not the execution layer. Regarding the relationship between L1 and L2, Vitalik pointed out that there is currently a clear roadmap, including improving L1 performance (increasing gas limit, introducing verkle trees, etc.), enhancing cross-L2 interoperability, and optimizing blob space. Vitalik's...
