Echo Protocol, a decentralized finance platform, suffered a security breach on May 18 when an attacker compromised an administrative key on its Monad network deployment. The attacker minted 1,000 fake eBTC tokens worth $76.7 million, but low liquidity limited actual losses to $816,000. The protocol has paused the Monad bridge, regained control of the admin key, and is upgrading its security measures to prevent future incidents. The Monad blockchain core remains secure, and the lending protocol Curvance also paused affected markets to contain damage.
Kerrisdale Capital has taken a short position on Everspin Technologies, arguing the recent surge in its stock price is driven by misplaced enthusiasm around AI-related memory demand. Everspin's MRAM technology targets niche industrial markets rather ...
TheBestReputation launched AIOverview.com, a free tool that scans five major AI search engines—ChatGPT, Claude, Google AI Overview, Gemini, and Perplexity—to show businesses how their brand appears in AI-generated search results. This is crucial as o...
Vuzix Corporation is exhibiting its advanced AI-powered smart glasses and waveguide solutions at SOF Week 2026 in Tampa, Florida. These products are designed for defense use, offering mission-ready optical performance in challenging environments, inc...
MoneyFlare has introduced an AI-powered trading bot designed to automate trading in both cryptocurrency and stock markets. This tool aims to simplify automated trading by handling market monitoring, data analysis, strategy execution, and trade manage...
More than 50 companies are actively developing over 55 new drugs for pulmonary arterial hypertension (PAH), a serious lung-related heart condition. These drugs are in various clinical trial stages, with several in late-stage development, aiming to im...
