Term Finance, an Ethereum-based fixed-rate lending platform, lost about $8.5 million after an attacker exploited its governance system on August 23, 2026. The attacker gained control of governance tokens, enabling them to pass proposals that redirected nearly 68% of the vault assets, including 2,843 ETH and 1.68 million USDC. Term Labs has shut down the affected vaults and revoked governance roles, while the core lending markets remain unaffected. This incident highlights risks in DeFi governance where concentrated voting power can bypass safeguards, emphasizing the need for stronger governance designs and oversight.
Anixa Biosciences announced successful Phase 1 results for its breast cancer vaccine, achieving all primary endpoints and immune responses in 74% of participants, with Phase 2 preparations underway. Their ovarian cancer CAR-T therapy, lira-cel, has r...
The New York Stock Exchange (NYSE) provided its daily pre-market update covering key market developments including the launch of a quantum computing campus in East Austin, Texas, following recent executive orders promoting quantum technology. Pay.com...
Cryptocurrency prices are fluctuating with Bitcoin trading at $79,162, up 2.55%, and Ethereum at $2,512, up 3.54%. Other notable coins like XRP, BNB, and Solana also show modest gains, while some smaller tokens experience varied changes. This snapsho...
Shares of BTC Digital (BTCT) surged 54% in premarket trading after the company announced the completion of its Georgia cryptocurrency mining facility. The 10-megawatt site is nearing readiness to start operations within two months, with a potential c...
Sanofi's stock faced pressure after President Trump signed Executive Order 14420, which included recommendations on childhood vaccines. Despite this, Sanofi trades at a significant discount with a forward non-GAAP P/E ratio of 9.2x, well below the se...
