The hacker behind the Kelp DAO bridge exploit has laundered almost all of the $220 million in unfrozen stolen funds through privacy services like THORChain, Wasabi, Tornado Cash, and Umbra, leaving only about $1.7 million in the original wallets. This laundering makes direct recovery and tracing of the funds much harder for investigators. Meanwhile, $71 million worth of stolen ETH remains frozen by Arbitrum’s Security Council and is subject to ongoing legal claims, representing the main recoverable portion. The case highlights the challenges in recovering stolen crypto once it moves through privacy channels and underscores the importance of quick action by bridge operators and DeFi teams to prevent laundering.
Parabilis Medicines, a clinical-stage biopharmaceutical company, announced the pricing of its upsized initial public offering (IPO) of 33.5 million shares at $20 each, expected to raise approximately $670 million. Additionally, Parabilis agreed to a ...
Halper Sadeh LLC is investigating whether shareholders of Nuvalent, SUNation Energy, Organon & Co., and Taylor Morrison Home Corporation are receiving fair treatment in their companies' recent sales or mergers. The law firm highlights potential confl...
Inno Holdings (INHD) stock was halted by Nasdaq after soaring over 3,600% in one session, rising from about $1.01 to above $66. The surge followed a $3 million contract with a Hong Kong AI firm, which is small compared to typical mid-cap expenses. Th...
Metamucil has introduced "Metamucil Mic Grab," a new digital content series hosted by registered dietitian Amy Shapiro, featuring 90s icons Lance Bass and Danielle Fishel. The series aims to educate viewers on the fibermaxxing trend, which encourages...
The U.S. military conducted retaliatory strikes against Iran following the downing of an American Apache helicopter. The strikes, described by U.S. Central Command as a proportional response to Iranian aggression, were announced on social media. Defe...
