The hacker behind the UXLINK breach converted $10.54 million in DAI stablecoins into 6,001 ETH, then routed the funds through Tornado Cash, a privacy tool used to hide transaction trails. This move follows a previous large swap and aims to avoid centralized freezing risks associated with stablecoins like DAI. The conversion to ETH increases liquidity and complicates fund tracing, making recovery harder for victims. Blockchain analysts and law enforcement continue monitoring these movements as the attacker attempts to launder stolen assets gradually.
Once Upon a Farm PBC (OFRM) received a buy rating due to its premium organic baby products and unique refrigerated cooler strategy that drives growth. The company saw net sales increase by 53% in FY2025, with household penetration still low at 5.1%, ...
The JPMorgan BetaBuilders US Equity ETF (BBUS) received a hold rating amid volatile macroeconomic conditions and high valuations, especially in tech and communication sectors which make up a large part of its portfolio. Despite its low expense ratio ...
Bitcoin faces pressure even as the U.S. Dollar Index weakens and rate hike bets fade, due to record outflows from spot Bitcoin ETFs totaling $4.0 to $4.5 billion in June. A softer dollar typically supports Bitcoin by improving global purchasing power...
Imugene Ltd announced a second complete response in its Phase 1b azer-cel trial targeting patients with mantle cell lymphoma (MCL) who had failed prior BTKi therapy. The patient showed complete tumor shrinkage by Day 28, earlier than expected, highli...
Revolut will remove Tether's USDT stablecoin from its platform by August 31, 2026, disabling purchases from July 6. This move aligns with regulatory and risk considerations under the EU's new Markets in Crypto-Assets (MiCA) rules, which have led othe...
