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17:39
North American building products distribution giant QXO plans to acquire TopBuild for $17 billion
This transaction will significantly expand QXO's business scale and overall strength across the entire building materials industry chain. Upon completion of the acquisition, the company's profitability will be immediately and noticeably enhanced. TopBuild is the largest distributor and construction service provider of insulation materials and related building materials in North America. This merger will integrate the strengths of both parties: QXO’s leading position in roofing materials, waterproofing materials, wood building materials, and supporting products, combined with TopBuild’s core competence in the insulation materials sector, will create a higher-margin business system and offer more comprehensive value-added services to clients. The transaction has been unanimously approved by the boards of directors of both companies and still requires the fulfillment of customary closing conditions, including shareholder approval from both companies. The acquisition is expected to be completed in the third quarter of 2026.
16:58
Polygon: Polygon chain, Agglayer, and the entire ecosystem are unaffected by the rsETH vulnerability incident.
Jinse Finance reported that on April 20, Polygon posted on X platform saying, "The team has been actively monitoring the rsETH vulnerability incident: the Polygon chain, Agglayer, and the broader ecosystem, including Katana and Vaultbridge, have not been affected by this incident. So far, Polygon has securely transferred over 2 trillion USD, and we will continue to stay vigilant and closely follow the development of the event."
16:43
ether.fi: EtherFi Liquid Vaults Are Unaffected by the Recent Kelp rsETH Incident
Jinse Finance reported that on April 20, ether.fi posted on X, stating that the EtherFi Liquid Vault is not affected by the recent Kelp rsETH incident. Liquid Vault users will not suffer any asset losses. More details will be announced later. In the meantime, user funds remain safe and secure.