LayerZero Labs reported a $292 million theft from KelpDAO's rsETH bridge after attackers compromised RPC infrastructure used by its verification network. The attack exploited a single-signer (1/1 DVN) setup, which LayerZero now prohibits, pushing affected projects to adopt multi-signer redundancy for better security. The breach, linked to North Korea's Lazarus Group, highlights risks in off-chain verification despite intact smart contracts. LayerZero is working with law enforcement and partners to trace stolen funds and prevent future incidents.
The FDA has accepted ImmunityBio's supplemental Biologics License Application (sBLA) for ANKTIVA to treat BCG-unresponsive non-muscle invasive bladder cancer (NMIBC). This acceptance marks a key advancement for the company, with a PDUFA action date s...
Avaí Bio and Austrianova have completed a Master Cell Bank (MCB) of genetically modified cells that overexpress the α-Klotho protein, a key anti-aging protein. This milestone is crucial for producing consistent, safe cell-based therapies targeting ag...
The IT and digital infrastructure market is rapidly expanding due to increased enterprise spending on cloud computing, AI integration, cybersecurity, and managed services. The U.S. IT services market alone reached $405.7 billion in 2023 and is projec...
OpenAI and Google have significantly increased their AI investments in Singapore, establishing the city-state as a key AI hub in Asia-Pacific. OpenAI opened its first applied AI lab outside the U.S. in Singapore, backed by a S$300 million commitment,...
Holzer & Holzer, LLC announced approaching deadlines for investors to seek lead plaintiff status in shareholder class action lawsuits against Vital Farms, Super Micro Computer, and Aldeyra Therapeutics. These lawsuits allege misleading statements or ...
