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 moving from Axelar to Secret Network. The attack targeted a modified CW20-ICS20 contract on Secret Network. The contract was designed to mint Secret-wrapped versions of
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 during fiscal year 2026, marking a cautious but notable step for institutional crypto adoption in Japan. The Nationwide Business Corporate Pension Fund, based in Okayama,
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 one of the most severe U.S. cases to a growing list of physical attacks targeting crypto holders. Isiah Angelo Garcia and Raymond Christian Garcia entered
Circle Internet Group stock price has pulled back in the past few days, moving from a high of $138.5 in May to the current $79.72. This CRCL pullback may continue in the near future as it faces a triple-whammy of weak technicals, falling USDC supply, and US government yields. Circle stock price has formed a
SpaceX stock (SPCX) fell sharply on Thursday, extending a pullback that has emerged after the stock’s explosive rally following its record-breaking initial public offering last week. Shares of Elon Musk’s space and artificial intelligence company dropped 5% in early trading as investors took profits after a rapid ascent that briefly made SpaceX one of the
International Business Machines (NYSE: IBM) stock price retreated sharply today, June 18, continuing a downward trend that started on June 2nd this year. It plunged to $245.8, down by 26% from its highest point this month. IBM stock slumps after Accenture’s weak earnings IBM shares were in the red today, after Accenture, a top global
Amazon has announced that it has become water positive in India, achieving a key sustainability target ahead of schedule as scrutiny grows over the environmental impact of expanding data centre infrastructure worldwide. The company said it now returns more water to communities than it uses across its direct operations in India, including corporate offices, fulfilment
Celestica stock price has slumped in the past few weeks, falling from the all-time high of $655 in June to the current $524. This retreat continued today, even after the company announced a $300 million investment in Texas. So, is it safe to buy the dip? Celestica announces a major US investment Celestica, a top
Why Is UniCredit’s Russia Sale Under Fresh Attention? UniCredit’s planned exit from Russia is drawing renewed scrutiny after the Italian bank confirmed that Riccardo Orcel, a former senior banker at Russian state-backed VTB Group and brother of UniCredit CEO Andrea Orcel, helped broker the agreement. Riccardo Orcel’s involvement offers a clearer view of how Italy’s
What Did Morgan Stanley Change in Its ETF Filings? Morgan Stanley has filed new amendments for its proposed spot Ethereum and Solana exchange-traded funds, moving both applications further through the launch process after the bank’s recent bitcoin ETF debut. The Wall Street bank submitted amended S-1 registration statements to the Securities and Exchange Commission on