Morpho liquidations triggered as Pendle routes $320K SY-reUSD into $36.4M cascade
The incident highlights vulnerabilities in DeFi systems, emphasizing the need for robust oracle configurations to prevent cross-protocol contagion. The post Morpho liquidations triggered as Pendle routes $320K SY-reUSD into $36.4M cascade appeared first on Crypto Briefing....
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13% of US credit card balances are 90+ days delinquent, nearing 2011 highs
Rising credit card delinquencies could strain consumer spending, impacting economic growth and increasing financial vulnerability for many households. The post 13% of US credit card balances are 90+ days delinquent, nearing 2011 highs appeared first on Crypto Briefing....
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Alibaba sells $10B of stock as chairman and CEO buy shares to signal confidence
Alibaba’s strategic focus on AI amid geopolitical tensions highlights the critical role of tech innovation in national and corporate competitiveness. The post Alibaba sells $10B of stock as chairman and CEO buy shares to signal confidence appeared first on Crypto Briefing....
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Airlines resume Middle East flights as Iran tensions ease
The resumption of flights may signal easing regional tensions, potentially stabilizing Middle Eastern aviation and economic activities. The post Airlines resume Middle East flights as Iran tensions ease appeared first on Crypto Briefing....
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Deutsche Bank adopts Google Cloud AI service to boost revenue and cut costs
Deutsche Bank’s AI integration could redefine banking efficiency, potentially setting new industry standards for cost management and innovation. The post Deutsche Bank adopts Google Cloud AI service to boost revenue and cut costs appeared first on Crypto Briefing....
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CoreWeave partners with Rescale to expand AI cloud ecosystem
CoreWeave’s partnership with Rescale enhances its AI cloud ecosystem, potentially increasing its market reach and influence in high-performance computing. The post CoreWeave partners with Rescale to expand AI cloud ecosystem appeared first on Crypto Briefing....
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TAC Sidechain Halts After Supply Exploit As TON Mainnet Remains Separate
TAC, a Cosmos-based EVM sidechain connected to the TON ecosystem, has halted block production after a supply-related exploit. The incident occurred on August 22, according to public incident materials. TAC connects Ethereum-based applications with the TON network, but the exploit affected the TAC sidechain and its token supply, not...
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XRP price forms bullish pennant after 51% rally, is $2 next?
XRP price consolidated near $1.48 on Aug. 25 after gaining about 51.5% in seven days, with its 4-hour chart forming a potential bullish pennant that could support another advance if buyers clear resistance near $1.56. XRP price consolidates after 51%…...
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Washington considers using $1T from Treasury to suppress bond yields
Leveraging Treasury funds to lower bond yields may offer short-term relief but risks exacerbating long-term debt and deficit challenges. The post Washington considers using $1T from Treasury to suppress bond yields appeared first on Crypto Briefing....
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Shipyard winds down IPFS work as Protocol Labs ends funding
The cessation of Shipyard’s IPFS work may lead to challenges in maintaining decentralized storage solutions, impacting developer reliance and innovation. The post Shipyard winds down IPFS work as Protocol Labs ends funding appeared first on Crypto Briefing....
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