According to Foresight News, the Radiant DAO community has released a proposal to compensate for unlimited authorization vulnerability losses. The proposal includes compensation for unlimited authorized user losses caused by the October 16, 2024 vulnerability (involving Arbitrarum and BNB Chain), with a loss of $7.7 million in 2024 and $1.2 million in the first quarter of 2025. Compensation will be issued in the form of stablecoins, with a 30% discount on losses in 2024 and a 60% discount in 2025, with priority lower than depositor compensation (RFP-47). The community needs to vote to determine the source of funding, with options including DAO and partners sharing or not compensating.
BlockBeats news, on May 13th, according to Alternative data, the cryptocurrency panic and greed index was 70 today (remaining at 70 for the fourth consecutive day), with market "greed" sentiment dominating the market. Note: The threshold for the panic index is 0-100, including indicators such as volatility (25%)+market trading volume (25%)+social media popularity (15%)+market research (15%)+Bitcoin's proportion in the entire market (10%)+Google keyword analysis (10%).
Dell has officially rejected a shareholder proposal to include Bitcoin in the company's treasury. Dell stated in its response letter on May 9th that proposals that "delve into complex issues that prevent shareholders from making informed judgments and engage in improper micro management of the company" can be excluded. The statement of support for this proposal exposes the proposer's intention to micro manage the management's discretion in managing the company's cash and building investment structures. It advocates that Dell should consider replacing some of its cash and bonds with assets such as Bitcoin that can outperform inflation. But the staff has previously pointed out that regulating the company's investment form would improperly limit the management's discretion in ordinary business affairs. Whether requiring investment in cryptocurrency assets or divesting such assets, this proposal improperly restricts the autonomy of management and board of directors in company management.
The current price of BTC is $102349.62, with a decrease of 2.92% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 10.31 million US dollars, with multiple orders being the main liquidation and 1.99 million US dollars (19.30%) of BTC liquidation. The data is for reference only.
According to Bitcoin Magazine, cryptocurrency wallet service provider Exodus has released its unaudited financial report for the first quarter of 2025, with revenue increasing by 24% year-on-year to $36 million, reaching a historic high. The total value of the company's digital asset holdings reached 238 million US dollars, of which 2011 bitcoins (worth 166 million US dollars) accounted for the main portion, an increase of 70 from the end of 2024. Other positions include 2693 pieces of Ethereum ($4.9 million) and a combination of USDC and treasury bond bonds of $62.8 million. Despite a 30% decrease in monthly active users to 1.6 million, the end of term active users remained at 1.8 million. The transaction processing volume for this quarter reached 2.18 billion US dollars. R&D and technical support expenses increased by 39% to $14.9 million, with a net loss of $12.9 million (compared to a net profit of $54.8 million in the same period last year), mainly due to a floating loss of $28.8 million in digital asset holdings. The management stated that they will continue their self hosting strategy and expand their business boundaries.