How Did The Axelar-Secret Bridge Exploit Happen? An attacker drained roughly $4.67 million from Secret Network’s Axelar bridge after exploiting a flaw in a modified bridge contract that handled assets…
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Why Is A Japanese Pension Fund Adding Crypto? A Japanese corporate pension fund serving about 1,200 small and medium-sized businesses plans to allocate roughly 1% of its assets to cryptocurrency…
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How Did The Minnesota Crypto Robbery Unfold? Two brothers accused of kidnapping a Minnesota family at gunpoint to steal $8 million in cryptocurrency have pleaded guilty in federal court, adding…
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Charles Schwab Corporation partnered with Cboe Global Markets to introduce binary options tied to the performance of the S&P 500, marking its entry into the rapidly growing prediction markets segment.…
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Business
Why Diageo, Heineken and Anheuser-Busch are battling falling alcohol demand
by adminby adminAlcohol companies have had fewer reasons to say “cheers” in recent years. Volumes have been falling, and the entire business model is undergoing a structural shakeup as younger people drink…
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US stocks are showing surprising resilience as Wall Street increasingly abandons expectations for near-term Federal Reserve rate cuts. Several major financial institutions have recently pushed back their forecasts for monetary…
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Finance & Investment
Jim Cramer delivers unmistakable verdict on SpaceX price action
by adminby adminI covered the SpaceX short thesis when veteran hedge fund manager Doug Kass said he planned to bet against it, just days after the Initial Public Offering (IPO). At the…
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Ford Motor Company (F) has spent years attempting to convince Wall Street that it merits a valuation higher than that of a traditional auto stock. That was difficult. Even after…