recovery

Euler Finance Recovers $5.4M Lost to DeFi Hacker

The world of decentralized finance (DeFi) has been rocked by a major security breach. On August 7th, 2020, Euler Finance, a decentralized finance protocol, announced that a hacker had stolen $5.4 million worth of cryptocurrency from its platform. The attack occurred when the hacker exploited a vulnerability in Euler's smart contract code. The hacker was able to withdraw funds from the Euler Finance platform without authorization. The stolen funds included Ethereum, USDC, and DAI tokens. In response to the attack, Euler Finance took immediate action to secure its platform and

Euler Finance Recovers $5.4M After DeFi Hacker Attack

On April 16th, 2021, the decentralized finance (DeFi) platform Euler Finance announced that it had successfully recovered $5.4 million of the $7.2 million stolen by a hacker in a recent attack. This is a major victory for the DeFi community, as it shows that even when a hacker is successful in stealing funds, there are ways to recover them. The attack occurred on April 13th, when a hacker exploited a vulnerability in Euler Finance’s smart contract code. The hacker was able to steal $7.2 million worth of Ethereum (ETH) and

XAU/USD Gold Price Gains Over 3%, Reaches $2,000 Forecast

The XAU/USD gold price has recently gained over 3%, reaching the $2,000 forecast. This is a significant milestone for the precious metal, which has been on a steady rise since the start of the pandemic. The increase in gold prices is being attributed to a variety of factors, including a weak US dollar, geopolitical tensions, and central bank stimulus programs. The US dollar has been weakening due to a variety of factors, including the Federal Reserve’s decision to keep interest rates low and the US government’s increasing debt levels. This

Rabobank: Bank of England Interest Rate Increase of 25 Basis Points Not Fully Reflected in Markets

The Bank of England recently announced an increase in the interest rate of 25 basis points, the first rise in a decade. This move was widely anticipated by markets and has been seen as a sign of economic recovery. However, the impact of this interest rate rise on markets has not been fully reflected yet.Rabobank, one of the largest banks in the Netherlands, has been closely monitoring the impact of the Bank of England’s decision. The bank’s chief economist, Peter van den Noord, has stated that the interest rate increase

GBP/USD Exchange Rate Steadies Near 1.2150, On Track to Post Weekly Gains

The GBP/USD exchange rate has been on a steady rise this week, with the pair currently trading near 1.2150. This is a significant improvement from the start of the week, when the pair was trading around 1.2050. This means that the GBP/USD exchange rate is on track to post weekly gains and could potentially reach its highest level since mid-February. The recent rise in the GBP/USD exchange rate can be attributed to a number of factors. Firstly, the British pound has been bolstered by news that the UK economy is

GBP/USD Exchange Rate Steadies Near 1.2150, Poised for Weekly Gains

The GBP/USD exchange rate has been steadying near the 1.2150 level this week, with traders expecting the pair to make gains by the end of the week. The GBP/USD exchange rate has been on a steady climb since the start of the year, and it looks set to continue its upward trend. The GBP/USD exchange rate has been supported by strong economic data from the UK, with the UK economy showing signs of recovery. The UK economy is expected to grow by around 3% this year, with the Bank of

US Dollar/Canadian Dollar Exchange Rate Recovers to 1.3770 After Week-Long Decline

The US Dollar/Canadian Dollar exchange rate has seen a week-long decline, but has recently recovered to 1.3770. This is good news for those who are looking to exchange their US Dollars for Canadian Dollars, as the exchange rate is now more favorable.The US Dollar/Canadian Dollar exchange rate had been steadily declining since the beginning of the week, dropping from 1.3850 to 1.3700. This was due to a combination of factors, including a strong Canadian economy, rising oil prices, and a weakening US Dollar.However, the exchange rate has now recovered to

US Dollar/Canadian Dollar Exchange Rate Recovers from Weekly Losses, Reaches 1.3770

The US dollar/Canadian dollar exchange rate has recently recovered from its weekly losses, reaching a rate of 1.3770. This is a positive development for those who are looking to buy or sell US dollars for Canadian dollars. The US dollar/Canadian dollar exchange rate has been volatile in recent weeks. It had dropped to 1.3550 earlier in the week, which was its lowest level since mid-January. However, the US dollar has since recovered and is now trading at 1.3770. This is a positive development for those looking to buy or sell

US Dollar to Canadian Dollar Exchange Rate Recovers from Weekly Losses, Reaches 1.3770

The US dollar to Canadian dollar exchange rate has been on a roller coaster ride this week, but it appears to have finally recovered from its losses. On Monday, the exchange rate fell to its lowest point of the week, 1.3550, as the US dollar weakened against the Canadian dollar. However, the US dollar has since regained some of its strength and the exchange rate has now recovered to 1.3770. The US dollar has been on a downward trend against the Canadian dollar since the beginning of the year, with

U.S. Dollar to Canadian Dollar Exchange Rate Recovers to 1.3770 After Week of Losses

The U.S. dollar to Canadian dollar exchange rate has recently recovered to 1.3770 after a week of losses. This is good news for those who are trading in the currency markets and have been affected by the recent decline. The U.S. dollar to Canadian dollar exchange rate is an important indicator of the relative strength of the two currencies. It is determined by the demand for each currency and the supply of each currency. When the demand for one currency is greater than the supply of the other, the exchange

Analysis of West Texas Intermediate Crude Oil Prices: Recent Rebound from 2021 Lows

The price of West Texas Intermediate (WTI) crude oil has seen a significant rebound from its 2021 lows, with prices rising from $45 per barrel in mid-February to over $60 per barrel in mid-April. This rebound has been driven by a number of factors, including increased demand for oil due to the reopening of economies around the world, as well as supply disruptions caused by the ongoing pandemic. In this article, we will analyze the factors behind the recent rebound in WTI crude oil prices and discuss the potential implications

Crude Oil Price Analysis: WTI Recovers from 2021 Lows

In 2021, the price of West Texas Intermediate (WTI) crude oil has been on a roller coaster ride. After reaching its lowest point in over a year in mid-February, WTI has since recovered and is now trading at levels not seen since October 2020. This article will provide an analysis of the factors that have contributed to the recent price movements of WTI crude oil. The primary factor driving the recent recovery in WTI prices has been the ongoing recovery in global oil demand. After a sharp decline in 2020