Scan to download
BTC $76,832.00 -1.25%
ETH $2,286.84 -1.36%
BNB $624.30 -0.54%
XRP $1.39 -1.77%
SOL $83.89 -1.82%
TRX $0.3232 -0.18%
DOGE $0.0997 +1.69%
ADA $0.2465 -0.43%
BCH $446.85 -0.07%
LINK $9.25 -0.79%
HYPE $40.49 -4.27%
AAVE $97.45 +1.49%
SUI $0.9259 -0.13%
XLM $0.1645 -2.30%
ZEC $335.99 -6.39%
BTC $76,832.00 -1.25%
ETH $2,286.84 -1.36%
BNB $624.30 -0.54%
XRP $1.39 -1.77%
SOL $83.89 -1.82%
TRX $0.3232 -0.18%
DOGE $0.0997 +1.69%
ADA $0.2465 -0.43%
BCH $446.85 -0.07%
LINK $9.25 -0.79%
HYPE $40.49 -4.27%
AAVE $97.45 +1.49%
SUI $0.9259 -0.13%
XLM $0.1645 -2.30%
ZEC $335.99 -6.39%

secure

Lido discloses the impact of the Kelp security incident: approximately 9% of EarnETH exposure affected, core staking assets are secure

Lido has released the latest developments regarding the Kelp security incident, stating that its Earn series vaults are working with the management to address the issues, which involve two major risk points: the rsETH exposure and the liquidity tension in the lending market. Lido emphasizes that the core staking protocol has not been affected, and both stETH and wstETH remain safe and stable.Currently, only the EarnETH vault has an approximately 9% TVL exposure to rsETH, and related deposits and withdrawals have been suspended by the management, awaiting a solution. Approximately $70 million in ETH has been recovered from the previous attack, and the subsequent asset recovery and loss distribution are still in progress. In response to liquidity pressure, the management has reduced leverage and optimized the position structure, significantly decreasing the wETH debt exposure. If losses ultimately occur, EarnETH will activate a $3 million "first loss protection mechanism" (funded by the DAO). As for other vaults, DVV and EarnUSD have not been affected and are operating normally; the GGV sub-vault is currently experiencing negative returns due to the combination of circular staking strategies and rising lending rates, but adjustments are ongoing. Withdrawal requests submitted by users will be processed based on valuations prior to the incident.

Riot plans to purchase 1,200 BTC, Hut 8 secures $50 million in credit, OSL confirms a plan to increase holdings of 500 BTC

According to BBX data, yesterday global listed companies continued to strengthen their efforts in "digital reserve sovereignty" and "fiat credit hedging":1,200 purchase plan: Riot Platforms (NASDAQ: $RIOT) board approved a Bitcoin purchase proposal worth approximately $86 million yesterday, planning to acquire 1,200 BTC through block trading within 48 hours, further enhancing its non-mining output reserves.$50 million credit line: Hut 8 (NASDAQ: $HUT) announced it has secured a $50 million revolving credit line from a global commercial bank, clearly stating that it will use these funds to "strategically accumulate" during market corrections, rather than for daily operational expenses.500 BTC buyback confirmation: OSL Group (0863.HK) announced last night that it will allocate 15% of its annual profits to increase its Bitcoin holdings. The first batch of 500 BTC purchases has been settled today, marking the entry of the Hong Kong stock compliant platform into the "profit monetization" phase.10,000 BTC holding target: Cipher Mining (NASDAQ: $CIFR) confirmed in its latest financial transparency report that its total holdings reached 9,850 BTC yesterday through mining retention, and it is expected to officially enter the "10,000 club" within this week.€15 million increase: Bitcoin Group SE (XETRA: $ADE) disclosed that it increased its crypto asset reserves by €15 million in the continental market yesterday, aiming to address potential inflation volatility risks in the Eurozone.
app_icon
ChainCatcher Building the Web3 world with innovations.