#rust#database#postgres#postgresql#rust#serverless
Neon is a serverless, open-source database that works like PostgreSQL but is designed for the cloud, making it easy to set up and manage without worrying about servers or manual scaling. It splits storage and computing, so you can quickly create, copy, or branch databases for testing or development, and it automatically adjusts resources to save costs and handle traffic spikes. This means you can start using Postgres in seconds, connect with your favorite tools, and focus on building your app instead of managing infrastructure, all while enjoying fast performance and flexible workflows[3][5][2].
https://github.com/neondatabase/neon
🔥🔥#Ethereum's Shanghai upgrade was completed 12 hours ago, let's review some stats:
➡️ Total $ETH staking is dropped from the peak of 18.163M to 17.476M ($34B)
➡️ Total withdrawn amount is about 124K $ETH (while the 24-hour deposit is 26.5K $ETH, so the net deposit is -97K $ETH ~ $192M)
➡️ Top withdrawer is LDO with 70,809 $ETH. But LDO won't allow users to withdraw until May, so most of the withdrawn $ETH is not liquidated.
➡️ $ETH price increases by 6% to $1,982, but with that price, 70% of stakers are still in loss (in USD terms)
🔗Link to current withdrawn status: https://etherscan.io/txsBeaconWithdrawal
🔗 Link to LIDO wallet: https://etherscan.io/address/0xb9d7934878b5fb9610b3fe8a5e441e8fad7e293f#withdrawals
Investors Withdraw $876M From Crypto Funds
$876 million withdrawn from crypto funds last week. This marks the fourth consecutive week of outflows, despite new announcements in the U.S.
#Crypto#Investments#US#Finance#Funds#Market#Trends#Trading#Withdrawals#Blockchain#Fintech#Economy#News#Updates#AI#VC
FTX Client Claims Total $1.2 Billion
FTX clients with claims under $50,000 total $1.2 billion, says creditor group representative Sunil Kavoury. Claims filing extended until January 20, with payments likely in February. Kraken initiates emails to clients for bankrupt FTX withdrawals, with payments under $50,000 expected within 60 days. BitGo might follow soon.
#FTX#Kraken#Bankruptcy#Crypto#Payments#Finance#Investments#Claim#BitGo#Withdrawals#AI
Bybit Under High Withdrawal Pressure
MEXC transferred 12,652 stETH ($33.75M) to Bybit's cold wallet. Bybit expected 64,452 ETH ($170M) in loan support from Bitget. An additional transfer of 11,800 ETH ($31M) occurred from Binance. Following a recent hack, Bybit recorded peak withdrawal levels, surpassing 350,000 requests; 99.994% have been processed.
Links: Porter Stansberry, Ben Zhou
#Bybit#MEXC#stETH#ETH#Crypto#Binance#Bitget#Bitcoin#Withdrawals#Whale#Finance#Hack#Blockchain#Investments#Market#Institutional#Debt#Liquidity#Trading#Assets#VC