A vulnerability in a March 2021 Coldcard firmware allowed attackers to drain about 1,367 bitcoin (nearly $89 million) from 4,585 wallets in three waves. The attacker exploited weak key generation, targeting smaller balances in the latest wave with more complex transaction methods to evade detection. Galaxy Research suspects a single operator behind each wave but cannot confirm if all waves are linked. The attack continues, though the most valuable keys appear mostly depleted, highlighting risks in hardware wallet security and the importance of firmware updates.
Since 2022, the amount of credit card debt that is 90 days overdue has almost doubled, indicating growing financial stress among borrowers. However, the rate of new delinquencies has not increased, suggesting that while existing overdue balances are ...
Victoria's Secret is set to announce its Q2 earnings on September 3, with its shares having surged over 300% in the past year. The company's modest growth in its bra segment is positively impacting related categories like panties and sleepwear, attra...
Lithium carbonate and spodumene spot prices have surged significantly in the past month due to supply concerns, including a mine shutdown by CATL that could push the market into deficit. Junior lithium miners like PLS Group remain optimistic about pr...
General Motors (GM) is trading at a forward price-to-earnings ratio of 8.2, significantly below the sector average by 53.4%, indicating it is undervalued. The company is shifting focus to personal vehicle autonomy and its Super Cruise system, which i...
Arrow Exploration Corp posted its best quarter yet with adjusted EBITDA soaring 300% year-on-year to $25.1 million and revenue more than doubling to $34.2 million. Production increased 30% to 4,902 barrels of oil equivalent per day, driven by new vol...
