On June 17, 2016, a reentrancy bug in The DAO's smart contract was exploited, stealing 3.6 million ETH—about one-third of its funds. This led to a hard fork in Ethereum, creating two blockchains: Ethereum and Ethereum Classic, reflecting a split in community philosophy over immutability versus intervention. Unclaimed stolen funds were later used to establish TheDAO Security Fund, now worth $220 million, to support Ethereum's security. The event remains a key lesson in smart contract risks and governance for investors and developers.
Trinity Capital Inc. announced a monthly dividend of $0.17 per share for July, August, and September 2026, continuing its streak of consistent or increased dividends for over six years. The dividends are paid from taxable earnings and may include ret...
Investar Holding Corporation declared a quarterly cash dividend of $0.12 per share for its common stock, payable on July 31, 2026, to shareholders of record as of June 30, 2026. This dividend represents a 9% increase from the previous quarter and mar...
Apple CEO Tim Cook announced that the company will raise prices across its product lineup due to unprecedented increases in memory and storage chip costs. The surge is driven by a major reallocation of DRAM and NAND supply toward AI infrastructure, c...
TTM Technologies announced plans to acquire two European companies, Swiss Technology Group AG and ILFA GmbH, for all-cash deals pending regulatory approval. These acquisitions will strengthen TTM's presence in Europe, particularly in medical, aerospa...
Citigroup downgraded Devon Energy from Buy to Neutral as activist investor TOMS Capital urges asset sales or a full company sale. Despite this pressure, Devon Energy reported strong first-quarter free cash flow of $816 million and holds $4.8 billion ...
