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Aave recorded the most asset deposits in its protocol. Though Lido underperformed, its TVL hit 2023 highs. The Total Value Locked of Aave [AAVE] gained as much as 8.69% in the week ended 25 March. The rise in unique smart contract deposits made the protocol the best-performing one as the overall TVL hit $5o.01 billion — a Year-To-Date (YTD) high. However, the TVL fell to $49.42 billion at press time How much are 1,10,100 AAVEs worth today? The TVL considers factors like the circulating supply, asset locked, as well as user interest in a protocol to measure the protocol’s health.…
The crypto community’s warning against fake Arbitrum (ARB) airdrops materialized as hackers managed to drop a phishing link into Arbitrum’s official Discord server. On March 25, blockchain-focused security firm CetriK revealed the possibility of a phishing link being circulated via the Arbitrum Discord server. It is suspected that a hacked Discord account of one of Arbitrum’s developers was used to share a fake announcement with a phishing link.#CertiKSkynetAlert We are seeing reports that a phishing link has been posted in the @arbitrum Discord Server.Do not click on any links until the team has confirmed they’ve regained control of the server.#Phishing #Discord…
© Reuters. Logos of Credit Suisse and UBS are seen on buildings as people demonstrate against the buying of Swiss bank Credit Suisse by UBS in front of the Credit Suisse headquarters in Zurich, Switzerland March 20, 2023. REUTERS/Denis Balibouse ZURICH (Reuters) – The integration team tasked with merging Switzerland’s two largest banks is to be headed by UBS’s chief technology officer and Credit Suisse’s chief operating officer, the Tages-Anzeiger newspaper reported on Saturday. Mike Dargan, who has been with UBS for 7 years, and Francesca McDonagh, who joined Credit Suisse last September, will be tasked with unifying the two…
It’s been a while since I talked to anyone enjoying the recent stock market action. Too volatile. Too illogical. No real trend. All true. However, the more we understand why this is happening the easier to diagnose what will happen from here and how we can trade our way to profits. (Spoiler Alert) I am still bearish. Gladly I still see 7 timely trades to use to make money as the S&P 500 (SPY) heads lower from here. Read on below for the full story….I woke up 2 days ago already knowing the theme for this article: The WORST Stock…
The board of governors of the Federal Reserve System, better known as the Fed, has officially confirmed that they denied Custodia their application to be part of its network. The Fed is concerned about Custodia’s abilities In an updated statement on Mar. 24, the United States central bank said they were concerned about Custodia’s business model. Earlier in January, the Fed released a statement saying they denied the bank their application because they concentrated on one facet of the economy, presenting “safety and soundness risks.” Now, according to this week’s report, the Fed claimed that Custodia’s operations were inconsistent with the “required…
Shares of Snap Inc. (NYSE:SNAP – Get Rating) gapped up prior to trading on Thursday . The stock had previously closed at $11.05, but opened at $11.56. Snap shares last traded at $11.87, with a volume of 7,138,566 shares. Analyst Ratings Changes A number of equities research analysts have issued reports on SNAP shares. Rosenblatt Securities reiterated a “neutral” rating and issued a $10.00 target price on shares of Snap in a research report on Friday, February 17th. JMP Securities lowered shares of Snap from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January…
© Reuters. FILE PHOTO: Deputy Chief Executive of Pekao Luigi Lovaglio presents the company results during a media conference at the bank’s headquarters in Warsaw March 9, 2011. REUTERS/Kacper Pempel MILAN (Reuters) – Italy’s Treasury is set to hand veteran banker Luigi Lovaglio a new mandate as chief executive of state-owned lender Monte dei Paschi di Siena, two people with knowledge of the matter said. Lovaglio, who built his career at UniCredit where he eventually rose to lead the group’s former Polish unit Bank Pekao, arrived at Monte dei Paschi (MPS) just over a year ago, when the Treasury pushed…
Home › IoT News › Keysight debuts battery emulation, profiling solution for IoT devices Keysight Technologies, Inc. introduces the Keysight E36731A Battery Emulator and Profiler. A complete emulation solution that identifies the impact of variables affecting the battery drain of internet of things (IoT) devices to enable development engineers to improve their device designs. International Data Corporation (IDC) estimates that there will be 41.6 billion connected IoT devices in use by 2025, many of which will be portable, battery-operated devices requiring advanced battery management techniques. To ensure these devices perform well in the field, development engineers need to design for peak…
Smart labels based on flexible printed electronic designs are starting to move beyond the design phase into large-scale commercial production, according to ABI Research, a global technology intelligence firm. As a new tool in the IoT toolbox, these devices promise a significant expansion in the use cases and corresponding value that can be generated initially in the supply chain market, but with significant opportunities beyond. “Over the past 15 years, the printed electronics market for asset tracking has been driven by RFID. This will continue to remain a dominant technology, but the evolution of low-power IoT technologies from Bluetooth all the way through…
Crypto exchange OKX has announced that it will no longer serve users or accept new account requests from Canada. OKX to cease operations in Canada In an email on Mar. 24, OKX asked all its Canadian users to close any open positions in options, perpetual, all margined positions, and future by Jun. 22, 2023, 12:00 AM EST. OKX also asked users to withdraw fiat currency or tokens in their accounts before the said date. However, the exchange assured its Canadian users that their funds would remain safe until they withdrew them. Customers can withdraw tokens to their self-custody wallets or…