Moonwell has paused new borrowing across its Base Core Markets after an attacker exploited the illiquid MAMO token's collateral price, draining about $8.7 million from the decentralized lending protocol. The attacker manipulated MAMO's price to borrow real cbBTC, consolidating stolen funds into DAI. Moonwell lowered borrowing and supply caps to 1 wei for affected tokens while investigating. This incident follows previous security issues at Moonwell, highlighting ongoing risks in DeFi lending platforms.
MINISO Group reported a 22.4% year-on-year revenue increase to RMB 11.5 billion in the first half of 2026, led by a 26.2% growth in Chinese mainland sales and a 37.0% rise in North America. The company expanded its store network by 769 stores year-ov...
Precious metals prices rose on Friday, lifting shares of London-listed miners Endeavour Mining and Fresnillo on the FTSE 100. Endeavour Mining's stock increased by 2.26% and Fresnillo's by 1.83%, driven by gains in gold, silver, platinum, and palladi...
Capital B completed a €21 million private placement with institutional investors, including Adam Back and TOBAM, to fund its Bitcoin treasury strategy. The company issued 36.2 million shares with four warrants each, raising net proceeds of about €19....
U.S. Treasury yields showed little change early Friday as investors awaited Federal Reserve Chair Kevin Warsh's keynote speech at the Jackson Hole Economic Policy Symposium. The 10-year note yield was at 4.676%, the 30-year bond at 5.199%, and the 2-...
Annaly Capital Management is rated Buy at $22.94 per share, with a fair value estimate of $25.55, implying an 11.4% price upside. The company's diversified portfolio across Agency MBS, Residential Credit, and MSR supports a strong blended target retu...
