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Flash
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Korean stock market closed on May 25Glonghui, May 20 – Due to the substitute holiday for Buddha's Birthday, the South Korean stock market will be closed on May 25 (Monday).
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Vest: Insurance Fund Deposits Can Be Withdrawn After Protocol RestartBlockBeats News, May 20th, the Solana perpetual contract protocol Drift announced that Insurance Fund depositors will be able to withdraw their staked shares after the protocol is back online. According to the protocol documentation and code design, the Insurance Fund is used to maintain the protocol's solvency in case of losses due to liquidation or bankruptcy. This time, the protocol operation was paused immediately after the attack to prevent further losses before the normal liquidation and bankruptcy procedures. The Insurance Fund was not affected. The protocol's own Insurance Fund assets will be used to support a "healthy restart" of the protocol for all users, and the relevant contract address will be made public to allow the community to track the fund usage.
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The European Central Bank remains uncertain about its July policy; a rate hike in June is likely.ChainCatcher news, according to Golden Ten Data, sources indicate that the European Central Bank may hold an uncertain stance regarding its policy in July. As the inflation outlook develops towards an adverse scenario, the likelihood of the European Central Bank raising interest rates in June is very high.