Gnosis Pay disclosed a $1.5 million hack caused by a software flaw in the Zodiac smart contract framework dating back to October 2023. The vulnerability was exploited on June 1, allowing attackers to steal digital assets across its decentralized payment network. Gnosis Pay quickly identified the issue, suspended services, and reimbursed all affected users, restoring nearly all accounts within days. The company continues efforts to recover about $300,000 in stolen assets, highlighting ongoing risks in crypto security amid rising cyber threats and regulatory scrutiny.
Alvotech announced that Celtic Lux Holdings S.a. r.l., formerly Alvogen Lux Holdings, pledged 88,940,619 shares and 7,007,321 Swedish warrants equivalent to shares on June 26. This transaction was reported to Luxembourg's financial regulator CSSF. Th...
Canada's federal government and British Columbia have signed the Cooperative Prosperity Agreement, aiming to unlock over $200 billion in new investments focused on natural resources like LNG, critical minerals, and infrastructure. Concurrently, Alber...
Crédit Agricole has increased its ownership in Banco BPM to 29.3%, surpassing the 25% threshold through market purchases and derivatives. This move reflects Crédit Agricole's commitment as a long-term investor supporting the Italian economy and stren...
Catherine Austin Fitts, former US Assistant Secretary of Housing and Urban Development, predicts Ripple and its token XRP will play a crucial role in the emerging financial infrastructure, particularly for cross-border payments. She argues that Bitco...
Harvest Gold Corporation has issued 375,000 common shares as the second payment to acquire the Audet-Robert claim blocks in Quebec's Urban Barry Greenstone Belt. This acquisition increases Harvest Gold's land holdings to 401 mineral claims covering o...
