Gearbox: The unpegging of ezETH has led to some users being liquidated, and the passive borrowers in the protocol have not generated bad debts
The composable leverage protocol Gearbox of DeFi posted on platform X, stating that due to the unpegging of ezETH, some users were liquidated. However, there were no bad debts generated by the passive borrowers in the protocol. The team will release a report reviewing this event.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Wells Fargo lowers UnitedHealth target price to $487
JPMorgan Private Bank: Without the end of the rate hike cycle, gold prices are unlikely to bottom out, and there is almost no support below $4,000.
JPMorgan Private Bank believes that before interest rates reach their peak, it will be difficult to confirm a bottom for gold prices. Thin liquidity coupled with expectations of further rate hikes this year present significant downward pressure. Chinese consumers are increasing their physical gold holdings, providing some support; however, Indian buyers are delaying festival purchases due to expectations that the price decline has not yet ended, substantially weakening demand-side support. For gold prices to regain upward momentum, multiple conditions need to coincide, including a drop in oil prices, cooling inflation, and a weaker US dollar.
JPMorgan raises the target price of VISA to $455.
Crypto prices
More
