Lending app Era Lend on zkSync has been exploited for $3.4 million worth of crypto, according to a July 25 report from blockchain security firm CertiK. The attacker used a “read-only reentrancy attack” to drain the funds, which is a type of attack that interrupts a multi-step process and then causes it to continue after
Cryptocurrency-friendly trading platform Robinhood is moving forward with plans to launch services in the United Kingdom with a new major local appointment. Robinhood has appointed former Barclays executive Jordan Sinclair as the new CEO to run its United Kingdom entity, according to data from the Financial Conduct Authority. According to FCA, Sinclair was approved by
“Nearly half of U.S. tap water has PFAs: Here’s Why ‘Forever Chemicals’ Are Dangerous,” read the July 6, 2023 Forbes.com headline from breaking news staff writer Molly Bohannon’s article. If headlines could shout, this one would surely assault eardrums around the country. Bohannon covers the many known serious health risks in her article and the
In this article CDNS NXPI FFIV WHR Follow your favorite stocksCREATE FREE ACCOUNT NXP Semiconductors Source: nxp.com Check out the companies making headlines in extended trading. Cadence Design Systems — Shares fell 4% after the company posted its second-quarter results. Revenue in the company’s product and maintenance category came in at $922.8 million, compared to
Municipals were relatively steady throughout most of the curve Monday, while U.S. Treasuries were weaker and equities ended the session up. The two-year muni-to-Treasury ratio Monday was at 58%, the three-year at 60%, the five-year at 61%, the 10-year at 65% and the 30-year at 88%, according to Refinitiv MMD’s 3 p.m. read. ICE Data
The Massachusetts Department of Transportation’s executive board last week approved a $15.7 billion capital plan for 2023 to 2028. Approximately 60% of capital spending called for is “focused on improving the reliability and resiliency” of the existing infrastructure, MassDOT chief Gina Fiandaca wrote in an introduction to the plan, with an additional 23% going towards
Credit Suisse has been fined $388mn by US and British regulators for “significant failures in risk management and governance” related to the collapse of Archegos Capital, which caused a $5.5bn trading loss and helped bring about the demise of the Swiss lender. The US Federal Reserve imposed a $269mn penalty on the bank for “unsafe
XRP (XRP) price is down today, mirroring trends elsewhere in the cryptocurrencymarket as traders await the Federal Reserve rate decision in the week. XRP price drops amid rising dollar strength On July 24, XRP price dropped 8% to $0.68, underperforming the crypto market’s 3.5% decline on the same day. The XRP/USD pair declined amid growing
An online carpet and flooring retailer based in the United Kingdom has bought Bitcoin (BTC) and put it on the balance sheet, following in the footsteps of Tesla, Microstrategy and Real Bedford. Speaking with Cointelegraph, CEO of Flooring Hut, Paul Brewster explained that: “We see it [Bitcoin] as an asset that has probably the best
“The fear of interest rate increases has influenced people’s thinking — it’s not just the homeowners, it’s new buyers who wanted to get in before the interest rates went up even more,” says Robert Shiller, professor of economics at Yale University. Bloomberg | Bloomberg | Getty Images A decade-long rally in U.S. home prices could
Powerful Republican donors and billionaires Ken Griffin and Nelson Peltz are rethinking plans to support the US presidential bid of Ron DeSantis over concerns that the Florida governor has veered too far to the right. They have been discouraged by DeSantis’s interventionist policies, people familiar with their thinking told the Financial Times. Griffin objects to
Bitcoin (BTC) is struggling to rise above the overhead resistance at $31,000 but a minor positive is that the bulls have not allowed the price to dive below the $29,500 support. This suggests that a catalyst may be needed for the price to break out from its range. On the macroeconomic front, the Federal Reserve’s
Bitcoin (BTC) threatened fresh downside over the weekend as markets geared up for the July 23 candle close. BTC/USD 1-hour chart. Source: TradingView $19,000-$23,000 “still on the cards” for Bitcoin Data from Cointelegraph Markets Pro and TradingView showed acting below $30,000, now set as intraday resistance. July 22 saw a brief dip to $29,640 before
In this article RIVN CRM GOOGL Follow your favorite stocksCREATE FREE ACCOUNT The Rivian name is shown on one of their new electric SUV vehicles in San Diego, U.S., December 16, 2022. Mike Blake | Reuters There is more to investing in the right stocks than just buying them after a hot earnings report. Investors
The highly-anticipated Barbie movie is finally out and it’s fair to say it’s one of the most influential films of the year. So it’s not a surprise that Barbiecore is one of the most talked about aesthetics in the home space right now. Pink is back in a major way and people love this bright,
Modelo Especial beer arranged in the Brooklyn Borough of New York, U.S., on Tuesday, Nov. 23, 2021. Gabby Jones | Bloomberg | Getty Images Company: Constellation Brands (STZ) Business: Constellation Brands is an international producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand and Italy with powerful, consumer-connected,
The crackdown on crypto firms by the United States Securities and Exchange Commission (SEC) appears to have severely affected Binance’s business. During the past few weeks, the crypto exchange reportedly fired over 1,000 employees and slashed some benefits. According to Binance, the “current market environment and regulatory climate” have caused a decline in profits, suggesting
In this article HERC COF ISRG NOVA Follow your favorite stocksCREATE FREE ACCOUNT People look at vehicles at AutoNation Toyota dealership in Cerritos, California. Mario Anzuoni | Reuters Check out the companies making headlines in midday trading. Scholastic — The publisher jumped 14.2% after announcing it would increase its share repurchase amount by $100 million.
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi saw new advancements in zero-knowledge proofs (ZK-proofs) as a scaling solution as more DeFi protocols embraced the technology. A new United States
With less than two weeks until Litecoin’s halving, when the miner’s block subsidy will be cut in half, traders are questioning whether the additional scarcity effect will be enough to sustain the LTC price above $90. Litecoin’s (LTC) price has declined by 19% in the last 18 days, but it has shown a positive 31%