Finance

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The Domain Name Server (DNS) of the decentralized staking platform, Convex Finance, was targeted in the latest spoofing exploit. Angel investor Alexintosh first flagged that Convex Finance was asking for user approval to an unverified smart contract address on July 23rd. This suggested that a malicious entity may have sneaked into Convex Finance’s website to …

Convex Finance Launches Two URLs After Spoofing Exploit Read More »

An industry spread selloff in digital assets from significant exchanges and the fall of highly rated tokens like TerraUSD and Luna have triggered ripple effects across the crypto industry. The recent mass crypto liquidation wave has triggered fear of contagion risks. Major DeFi lenders Celsius Network and Babel Finance froze withdrawals, and Three Arrows Capital, …

Several Trading Platforms Are Now Battling Cryptocurrency’s Liquidity Issue Read More »

Amid the broader market downturn, 24 June was a rather unforgettable day for the crypto community. After the Harmony Bridge was attacked for $100 million Convex Finance urged its users to be diligent in checking the addresses for contract approvals. Reportedly, the website of Convex Finance was hijacked earlier on 24 June. “Need a hand …

Was Convex Finance targeted in the latest spoofing exploit Read More »

© Reuters. A Malaysia Ringgit note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/Files KUALA LUMPUR (Reuters) – Malaysia is expected to spend 77.3 billion ringgit ($17.6 billion) in subsidies and cash aid this year, the largest amount in history, to help temper the effects of rising prices, its finance minister said …

Malaysia plans record $18 billion subsidy spend in inflation fight Read More »

© Reuters. FILE PHOTO: Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee SHANGHAI (Reuters) – China’s central bank said on Saturday it had signed an agreement with the Bank for International Settlements to establish a Renminbi Liquidity Arrangement (RMBLA) that will provide …

China’s central bank, BIS set up renminbi liquidity arrangement Read More »

Please try another search Economy 6 hours ago (Jun 25, 2022 06:50AM ET) © Reuters. FILE PHOTO: A care worker assists a resident at Alexander House Care Home during the COVID-19 pandemic in Wimbledon, London, Britain, December 25, 2020. REUTERS/Hannah McKay LONDON (Reuters) – British public-sector health workers should receive an annual pay rise of …

UK body to recommend 4-5% pay rise for 1.5 million health workers Read More »

© Reuters. FILE PHOTO: Rail workers stand at a picket line while on strike outside Waterloo station, on the third day of national rail strikes, in London, Britain, June 23, 2022. REUTERS/Henry Nicholls LONDON (Reuters) – British Prime Minister Boris Johnson said on Saturday that public pay could not be raised sharply, as demanded by …

UK PM Boris Johnson urges restraint on public pay Read More »

© Reuters. A woman and girl push their bikes past closed produce stalls at a market during anti-government protests as opposition lawmakers push for the removal of Ecuador’s conservative President Guillermo Lasso after nearly two weeks of mass protests led by indige (Reuters) -The International Monetary Fund executive board said Friday it had concluded its …

IMF board concludes reviews for Ecuador, unlocking $1 billion Read More »