#typescript
bknd is a lightweight backend system that makes app development easier by providing ready-to-use features like database management, user authentication, media handling, and workflow automation, all in one place. It works with many JavaScript runtimes and frameworks, so you can deploy it almost anywhere and even bundle backend and frontend together. It offers a full REST API, a React SDK, and UI components to speed up development without needing deep backend knowledge. This saves you time, reduces complexity, and helps you build secure, scalable apps faster with less effort. You can start quickly with a simple command and customize as needed.
https://github.com/bknd-io/bknd
🔥🔥#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➡️ Total withdrawn amount is about 124K $ETH (while the 24-hour deposit is 26.5K $ETH, so the net deposit is -97K $ETH ~ $192M)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 But LDO won't allow users to withdraw until May, so most of the withdrawn $ETH is not liquidated.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🔗Link to current withdrawn status: https://etherscan.io/txsBeaconWithdrawal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$876 million withdrawn from crypto funds last week.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