Avici, a crypto neobank, suffered a $500,859 hack affecting 1,685 users' card balances. The firm and its partner Rain, which manages the card infrastructure, have pledged to fully refund all victims. The vulnerability was due to outdated Solana contracts managed by Rain, but Avici wallets remain safe. This incident raises concerns about the security risks in the crypto card sector, especially given Rain's dominant market position and the growing volume of crypto card transactions.
Bitcoin retreated to around $78,000 after hitting a three-month high of $81,500, gaining 31% since August 1. Large holders are accumulating Bitcoin, while smaller wallets are selling, signaling a shift from retail to institutional investors. Bitcoin'...
Ethena's proposed fee switch, which redirects part of the protocol's revenue to buy back ENA tokens, will only activate once the circulating supply of its synthetic dollar USDe reaches $7.5 billion. Currently, USDe supply stands at about $4.07 billio...
Since March 2023, an Ethereum sandwich bot known as JaredfromSubway.eth extracted over 117,000 ETH (about $295 million) by exploiting transaction ordering to profit from other traders. In June 2026, an attacker used 66 fake token contracts to trick t...
The Official Trump (TRUMP) token fell sharply by 13.79% to around $2.59 within 24 hours on August 30, 2026, marking it as one of the weaker meme assets in the session. Despite the significant price drop, market data shows neutral funding rates and ba...
Citizens Financial Services (CZFS) received a Buy rating due to robust profit growth, improved operational metrics, and a discounted valuation despite recent share price gains. The company beat Q2 2026 EPS expectations, expanded its net interest marg...
