On chain analyst: Aave V4 Ethereum deposits surge to $70 million

According to Sina Finance, Pakistani officials have stated that a temporary agreement in its final stages is "comprehensive enough to end this war".

According to reports, Silicon Valley law firm Fenwick&West will pay $540 million to settle a lawsuit filed by FTX clients. The plaintiff accuses the law firm of assisting Sam Bankman Fried in committing fraudulent acts. The settlement is part of FTX's second round of settlement, with audit firm Prager Metis paying $118 million and former NBA player Udonis Haslem paying $4.2 million. Fenwick denies any wrongdoing, but still faces an independent lawsuit in Washington state worth $525 million, which is not covered by this settlement.

According to sources reported by The Washington Times, negotiators from the United States and Iran have approved a draft agreement to end the fighting, which is expected to be announced within 24 hours. The agreement still requires approval from both governments.

According to on chain analyst @ JackMandin's post on X platform, Aave V4 Ethereum Core Hub deposits surged 30% yesterday, currently approaching $70 million. Among them, USDG increased by $8 million, frxUSD increased by $5 million, and USDT increased by $1 million. At present, the total deposit size of all Aave V4 hubs has exceeded 80 million US dollars.

The University of Michigan Consumer Confidence Index has fallen to its lowest level since records began in 1952. （Cointelegraph）