On September 11, 2026, the Symbiosis cross-chain protocol was attacked, allowing an attacker to mint about 46 to 369 billion synthetic Bitcoin tokens (syBTC) without backing, causing a real loss of roughly $336,000. The vulnerability was due to poor message verification in the BridgeV2 contract, enabling fake token creation. Symbiosis halted deposits of Bitcoin into the bridge but kept withdrawals operational, allowing users to still access their balances in one direction. Users are advised to check their synthetic token holdings, test withdrawals with small amounts, revoke unnecessary token approvals, and consider holding Bitcoin in hardware wallets or regulated platforms to avoid similar risks. The incident highlights the risks of cross-chain bridges compared to holding Bitcoin directly on its native blockchain.
Standard Chartered forecasts the SKY token price to rise from $0.065 to $0.325 by the end of 2028, a fivefold increase driven by growth in the USDS stablecoin supply, agent borrowing, staking rewards, and token buybacks. The bank highlights SKY's uni...
Millrose Properties is rated a Strong Buy, trading at 9 times its 2027 FFO and offering a dividend yield above 10%. The company's growth prospects extend beyond its partnership with Lennar, especially through Other Agreements yielding 10.6%, which pr...
Solana (SOL) is under supply pressure due to Pump.fun's large ongoing sales totaling over 5 million SOL worth around $842 million, alongside whale investors shifting SOL into the STONK token. Despite this, exchange data shows net outflows, which may ...
ASA Gold & Precious Metals Limited is transitioning from a gold and mining closed-end fund (CEF) to a credit-focused business development company (BDC) managed by Saba, which now owns about 32% of ASA. This shift aims to generate management fees and ...
Nebius surged 8% after announcing a strategic partnership with Palantir Technologies to combine AI infrastructure and software analytics. This collaboration positions Nebius as a preferred sovereign AI infrastructure provider, potentially unlocking n...
