An attacker manipulated the price of TONIC on the Tectonic lending protocol, borrowing $120.4 million across nine markets on the Cronos network. Validators halted the network at block 90,907,150 to prevent further losses and restored the chain to block 90,896,188, reversing $111.2 million of the exploit. About $9.19 million had already left the network before the halt and remains unrecovered. Cronos resumed normal operations after a coordinated rollback and is working with partners to reconcile balances, advising users to beware of scams during the recovery process.
CEA Industries, identified by the ticker BNC, reportedly holds 515,544 BNB tokens worth over $380 million. This figure reflects the total token balance rather than a recent purchase, with no details on acquisition date or valuation timing. The valuat...
Tron founder Justin Sun has unstaked a total of 10,000 ETH from the Lido liquid staking protocol since August 26, moving about $12.3 million of that ether to Poloniex, an exchange he supports. While this shows some liquidity being freed up, Sun still...
Starknet has introduced Shieldnet, a new privacy framework called STRK20 that protects transaction details for 45 ERC-20 tokens on its Ethereum Layer 2 network. Using zero-knowledge proofs, Shieldnet encrypts transaction data, hiding sender, receiver...
Microchip Technology reported strong revenue growth and margin recovery in the first quarter of FY2027, driven by accelerating data center demand and growth in aerospace and defense sectors. The company’s valuation is expected to improve significantl...
SoFi Technologies is rated a Strong Buy with a $23 price target due to its successful transition to a diversified financial platform. Key growth drivers include lending, the Loan Platform Business, and expanding financial services, along with contrib...
