A hacker exploited a vulnerability in the Cosmos blockchain's EVM module to transfer $50 million worth of NES tokens from the Nesa Chain to Ethereum. Despite the large token movement, the hacker's actual financial gain was only about $60,000 because the liquidity for NES tokens collapsed, drastically reducing their value. This incident highlights risks in cross-chain token transfers and the importance of robust security measures in blockchain protocols. Further investigations and security patches are expected to prevent similar exploits.
Chagee Holdings Limited reported a 2.5% year-over-year revenue increase to approximately $503.3 million in Q2 2026, alongside a significant recovery in GAAP net income to RMB464.8 million. Despite a 9% decline in Greater China sales due to economic c...
Datadog CEO Olivier Pomel sold 47,054 shares of the company's stock, totaling $11.1 million. This significant sale could indicate personal financial planning or portfolio rebalancing. Investors may watch for any further insider transactions or compan...
In June 2026, President Donald Trump's investment team purchased up to $5 million worth of shares in three high-performing stocks, according to his latest financial disclosure. This move highlights the team's confidence in these companies amid a dyna...
Boliden AB plans to acquire Nexa Resources S.A. for $1.3 billion, boosting Nexa's stock target to $15.00 by Scotiabank, signaling a 10.38% potential gain. However, the deal is under legal scrutiny by Halper Sadeh LLC, which is investigating whether N...
Toronto-Dominion Bank reported a strong Q3 with profit rising to $4.60 billion and revenue increasing to $16.89 billion, surpassing market expectations. The bank improved credit health by reducing provisions for credit losses and received an "Outperf...
