Update: @Balancer and its forks are under attack, with total losses across multiple chains reaching ~$128.64M so far.

UPDATE: The attack is ongoing. The estimated loss is ~$88M on multiple chains x.com/PeckShieldAler…

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Combined with softer than expected October data, this morning's numbers point to at least a modestly weaker jobs market as the economy heads into the end of the year.

U.S. added 64,000 jobs in November, with unemployment rate jumping to four-year high of 4.6%

Author: Azuma

Original Title: Circle's Acquisition of Axelar Sparks Controversy: Giant Only Wants People, Not Coins

--------------------------------------------------------------- Early morning of December 16th, stablecoin giant Circle officially announced the completion of an agreement to acquire the core talent and technology of Interop Labs, the initial development team of the cross-chain protocol Axelar Network, in order to advance...

Circle acquired the Axelar team but excluded the token. How should token holders respond to this value stripping?

Original article | Odaily Odaily(@OdailyChina)
Author｜Golem (@web3_golem)
On the evening of December 15th, Bitcoin experienced another flash crash, plunging from $89,000 to around $85,000, approaching the low of $83,822 on December 1st. Accompanying the plunge, the market's Fear & Greed Index fell to 21 (extreme fear).
"Be greedy when others are fearful"? The temptation to buy the dips or engage in swing trading is immense right now, but it's extremely easy to make a mistake. Monday's flash crash was not an isolated incident. 12...