On August 9, 2026, an attacker exploited a deposit verification flaw in the Coreum cross-chain bridge connecting to the XRP Ledger, siphoning 199,916 XRP in 94 transactions over 97 minutes. The exploit tricked the bridge's multisig relayer system into approving fake deposits, triggering real XRP withdrawals without breaching XRPL or stealing private keys. The Coreum bridge remains suspended as the incident highlights risks in relayer-based verification systems, emphasizing the need for stronger cross-chain security measures. This was a third-party infrastructure failure, not a protocol vulnerability, limiting broader XRP ecosystem impact.
Jim Cramer is highlighting semiconductor stocks as key investments due to strong earnings driven by AI infrastructure demand. Major players like NVIDIA, AMD, Broadcom, Qualcomm, and Marvell show varied strengths: NVIDIA and AMD lead in merchant GPU c...
Sphere 3D Corp. reported a net loss of $13.8 million for Q2 2026 following its June 1 merger with Cathedra Bitcoin, reflecting legacy business costs and transition expenses. The company is shifting focus to AI and high-performance computing by levera...
AXIS Capital Holdings Limited reported 15% year-over-year growth in premiums written and diluted book value, maintaining a strong combined ratio of 93.1%. Despite a 25% decline in reinsurance premiums, its Series E preferred stock (AXS.PR.E) provides...
Leatt Corporation reported a 14% increase in global revenues to $35.9 million and a 19% rise in net income to $2.68 million for the first six months of 2026, fueled by a 61% jump in consumer direct sales. Despite a modest 1% revenue growth in Q2 due ...
Canary Gold Corp. reported visible gold grains in 29 of 30 consecutive one-meter RC samples from the Jaci Paraná target in its Madeira River Project, Brazil. Independent lab ODM identified 190 gold grains, mostly fine particles with some coarse grain...
