After Arbitrum Security Council froze 30,766 ETH ($71M) linked to the KelpDAO exploit, the attacker transferred 75,701 ETH (about $175 million) to Ethereum's mainnet. The hacker began laundering these funds by bridging them to Bitcoin using decentralized protocols like Thorchain, Umbra Cash, and Chainflip. This exploit, attributed to North Korea's Lazarus Group, is part of over $600 million lost in DeFi hacks recently, causing a 25% drop in total value locked in the ecosystem. The incident highlights ongoing risks in DeFi security and the challenges of recovering stolen crypto assets.
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Red Light Holland, after acquiring Filament Health, has expanded its capabilities in pharmaceutical-grade psilocybin development. Filament completed a shipment of its botanical psilocybin drug candidate, PEX010, to the European Union to support multi...
