Arbitrum's Security Council froze 30,766 ETH linked to the KelpDAO exploit to secure stolen funds without altering the broader network state. Ripple CTO David Schwartz defended the move, comparing it to Bitcoin's 2010 rollback after a bug created billions of coins, arguing it was a community-driven correction rather than a breach of decentralization. However, critics raised concerns about centralization, as the council can upgrade smart contracts on Ethereum's base layer without full network consensus. This incident reignited debates on the balance between emergency intervention and maintaining decentralized control in blockchain governance.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...
Revolut has received preliminary approval from Dubai's Virtual Assets Regulatory Authority to offer cryptocurrency services in the UAE, including broker-dealer, asset management, and exchange functions. This approval allows UAE customers to trade and...
Rotork PLC has accepted a £4.1 billion takeover bid from Swiss engineering group ABB, offering shareholders 506p per share, a 73% premium over the previous closing price. The acquisition will enhance ABB's industrial automation business by adding Rot...
Alexandria Real Estate Equities (ARE) is struggling with oversupply and vacancy rates exceeding 30% in key life science markets like Boston, San Francisco, and San Diego. This has caused an 80% decline in its stock price from its peak. The company's ...
