The attacker behind the $36 million Humanity Protocol hack has started moving stolen funds through multiple wallets, converting some into stablecoins like USDC and USDT before depositing them on KuCoin. The breach occurred after a phishing email delivered malware that gave the hacker admin access, enabling the theft and minting of 141 million H tokens. The hacker used decentralized exchanges and multiple wallets to obscure the trail. Humanity Protocol froze its Ethereum contract and is working on recovery, but challenges remain on BNB Smart Chain.
RXO Inc. reported a strong 25% year-over-year revenue increase to $1.77 billion but did not achieve earnings growth, with gross margins falling from 21.2% to 17%. The company faces margin compression, negative operating cash flow, and rising long-ter...
Vistra Corp., a major U.S. independent power producer, shows strong adjusted EBITDA growth but faces declining sales and rising operating costs. Its valuation improved with a price-to-earnings ratio dropping from 76x to 23.8x, though price-to-book re...
Hyperliquid has burned $1.28 million worth of HYPE tokens in the past 24 hours after generating $1.65 million in fees, pushing lifetime token burns to 47.53 million HYPE ($2.68 billion). This deflationary activity is reducing circulating supply and t...
Willis reported a softening in demand in Q2, leading to a decline in maintenance reserves and a drop in utilization rate from 87% to 85% year-over-year. Despite this, the management fees segment grew significantly by 113%. Most revenue still comes fr...
Farmer Mac reported a record business volume of $37.2 billion, up 22% year over year, alongside revenue of $125.2 million and core earnings of $58.8 million, or $5.40 per share. The company achieved a core return on equity of 18.9%, supported by a st...
