On August 30, 2026, the Cronos blockchain experienced a major rollback of 10,961 blocks, erasing nearly two hours of transaction history due to a $120.4 million exploit on the Tectonic lending protocol. The attacker artificially inflated the TONIC token price to borrow funds against overvalued collateral. The network halted at 14:32 UTC and resumed after an 11-hour pause, reversing all transactions between 12:38 and 14:33 UTC, including those unrelated to the attack. While most users' balances reverted to their pre-attack state, some suffered losses if they acted on payments that were later erased or bridged funds to other chains. Users are advised to verify their transactions via the Cronos block explorer and keep detailed records, as reversed transactions no longer appear publicly. This incident highlights the trade-off between blockchain finality and fund security, and underscores the importance of diversified holdings and careful bookkeeping.
PCB Bancorp received a cautious Buy rating due to improved earnings, solid asset quality, and strong capital ratios. The stock trades at a low valuation with a forward P/E of 9.42 and offers a 3.13% dividend yield. However, the bank's portfolio is he...
Carvana's stock has gained about 15% since early June 2026, defying persistent bearish sentiment and volatility. The company remains popular for customers seeking an alternative to traditional car dealerships, supported by high revenue growth expecta...
AT&T reported strong operating results for the second quarter, highlighting fiber expansion and wireless convergence as key growth drivers. Despite concerns about competition from SpaceX, the company's valuation remains attractive with a forward P/E ...
The iShares MSCI United Kingdom ETF (EWU) is highlighted as an attractive option for investors seeking focused exposure to UK equities. Despite recent underperformance compared to the S&P 500, positive economic indicators like rising PMI metrics sugg...
CGI announced a C$500 million offering of senior unsecured notes in two series: C$250 million with a 3.25-year maturity at 4.195% interest, and C$250 million with a 4.75-year maturity at 4.484% interest. The offering is expected to close around Septe...
