The city ended 2025 with a deficit far below the $9. 6 million that had been forecast, according to the interim finance director who stepped into the role two weeks ago. He told council that the shortfall will be about $3 million, a relief driven by higher revenues in key areas. Earned income and re
Gauntlet, a top player in decentralized finance risk tools, saw its total assets drop from $1. 72 billion to about $1. 33 billion in a week, losing roughly $380 million. The fall began after OKX finished its pre‑deposit drive on the Katana chain, a move that usually spikes deposits before pulling ba
Ethereum has always been the hub for decentralized finance, but new Layer 2 solutions are reshaping its economics. These second‑layer networks cut transaction costs and speed up trades, pulling users from the main chain into faster, cheaper platforms. While this boosts overall participation, i
A recent investigation uncovered two different changes in the KNG1 gene that explain why a young boy from China has an uncommon blood clotting problem. The KNG1 gene makes a protein called high‑molecular‑weight kininogen (HMWK), which helps the body control bleeding. When this protein is missing or
Curve Finance, a platform that helps people swap stablecoins safely, says PancakeSwap used its code without permission. The issue centers on the “StableSwap” feature that lets users trade stablecoins and other tightly‑pegged assets. Curve warns that using this code without a license can lead t
Finland’s Finance Ministry has released a new spending plan that projects the country’s central government deficit to average €14. 9 billion each year from 2027 to 2030. The forecast shows a clear rise compared with the previous year, driven by lower tax receipts and reduced earnings from its emissi
Zircuit has rolled out a fresh platform that lets people put their USDC and USDT into a vault that aims to bring back 8–11% yearly returns, depending on how the market moves. The service is built for people who want institutional‑style investing without having to meet huge minimums or lock their
The U. S. crypto world is at a crossroads. The industry is eager for clear rules, but the path to getting them is full of hurdles. The Securities and Exchange Commission (SEC) chair, Paul Atkins, is pushing for new rules to give crypto businesses a solid foundation. However, these rules won't be set
San Diego residents already shoulder extra costs from city‑imposed fees, yet officials claim that further charges are unavoidable because of a “decades‑old structural budget deficit. ” The reality is that the deficit grows from choices made by those in power, not from unseen forces. City leaders
Ondo Finance has taken a big step forward by adding Chainlink's data feeds to its platform. This move lets users trade tokenized versions of popular US stocks like SPY, QQQ, and Tesla on the Ethereum blockchain. These tokens represent real stocks and ETFs, making them more useful for trading and len
