Osmosis, a decentralized exchange on Cosmos, paused key operations for its synthetic Bitcoin asset (allBTC) after a double-spend exploit on the Nomic blockchain compromised nearly 40 nBTC, about 36% of allBTC's backing. The vulnerability was in Nomic's custom forwarding mechanism, not Osmosis or the IBC protocol. Osmosis froze minting, redemption, deposits, and withdrawals, and an emergency upgrade locked 22.65 BTC in the attacker's address. The recovery plan includes a governance vote to seize the frozen BTC and using the community pool to cover the shortfall, aiming to restore full collateralization. Trading continues in liquidity pools, but minting and redemptions remain suspended until the issue is resolved.
Celsius Holdings (CELH) has demonstrated a sequential recovery in its Q3 2026 performance, driven by aggressive shelving resets, a Direct Store Delivery strategy, and strong growth from its Alani Nu brand. The company maintained a solid Energy MULO+W...
Stablecoin inflows to Arbitrum, an Ethereum layer-2 network, have increased significantly, with the network's stablecoin market capitalization rising by $43.6 million in a 24-hour period. Stablecoins are crucial in decentralized finance (DeFi) for tr...
The Invesco Dorsey Wright Healthcare Momentum ETF (PTH) receives a Hold rating due to its biotechnology-heavy portfolio showing mixed results. While it has strong quantitative and Wall Street ratings that might help it outperform broader healthcare E...
Two major Nvidia shareholders, Altimeter Capital and Atreides Management, have called on Nvidia's board to conduct a slow and deliberate CEO search that includes the possibility of Jensen Huang returning. Huang resigned as CEO amid an investigation i...
Savara (SVRA) is rated a speculative BUY at $4.72 with a $7 twelve-month price target, anticipating a crucial FDA decision on November 22 regarding its drug molgramostim. The company shows strong clinical efficacy data in Phase 3 trials, but faces si...
