Crypto trader loses nearly all of $50 million in one botched DeFi transaction

A crypto user lost roughly $50 million in a single transaction on Thursday after executing a large token swap that triggered massive slippage. Blockchain data shows that the wallet attempted to swap $50,432,688 aEthUSDT – an interest-bearing token representing Tether’s USDT stablecoin deposited into the Aave decentralized lending protocol on the Ethereum network – for…

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India co-sponsors GCC-led UNSC resolution against Iran | India News

NEW DELHI: India co-sponsored a resolution in UN Security Council that condemned the “egregious” attacks by Iran against Gulf Cooperation Council countries and Jordan and demanded immediate cessation of all attacks by Tehran while denouncing its threats of closure of the Strait of Hormuz.The 15-nation Security Council, currently under the presidency of the US, adopted…

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