A third-party module connected to the Gnosis Safe ecosystem was exploited, draining about $3.2 million from 86 Safes across Ethereum and Base networks in two hours. The vulnerable contract, named "SquidRouterModule," caused confusion but was clarified by Squid as not built or operated by them. Attackers bypassed signature verification by exploiting a flaw in the module, allowing unauthorized token spending. The stolen assets were converted into a worthless token and then consolidated into 3.07 million DAI, currently held in a known wallet. Squid emphasized their core infrastructure was unaffected and criticized early reports linking the exploit directly to their protocol.
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
