Harmony Protocol detected a massive security breach where over three trillion forged ONE tokens were minted, inflating supply by billions of dollars. To fix this, the network will roll back to a state before the hack, erasing more than 141,000 blocks and transactions. This rollback challenges blockchain immutability principles but aims to protect the token's economic integrity and users. The community debates the trade-off between security and trust as the network prepares to resume normal operations.
SoundHound reported a strong Q2 with revenue up 45% year-over-year to $61.9 million, driven by major enterprise deals and improved gross margins reaching 58.4%. The company is advancing its AI voice software business through the launch of its OASYS a...
Globant initially forecasted 2026 revenue growth but later revised its outlook to a slight year-over-year decline, causing a sharp drop in its stock price. This reversal prompted Levi & Korsinsky to investigate potential securities law violations on ...
Bicara Therapeutics is progressing its Phase 3 trial of ficerafusp alfa for head and neck cancer, expecting interim results by mid-2027 that could support accelerated approval. The company holds nearly $500 million in cash and securities, funding ope...
Mercury Systems reported a Q4 EPS of $0.37, slightly below analyst estimates of $0.38, but exceeded revenue expectations with $289.78 million, a 6.1% increase year-over-year. The company showed robust demand with record bookings of $660 million and a...
Midland States Bancorp (MSBI) is rated a buy due to improving asset quality marked by lower credit provisions and reduced non-performing loans. The bank offers a 4% dividend yield with 26 years of consecutive dividend growth and ongoing share buyback...
