Who Struck Step Finance? Treasury Breach Nets $27 Million
Step Finance, a well-known Solana analytics hub, said its treasury was hit in a major breach that emptied 261,854 SOL from wallets tied to the platform. Related Reading: Insider Trading Case Against Coinbase Leadership Surges Ahead The loss forced a sharp market reaction, and users and investors watched prices tumble as the team moved quickly […]
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A sharp hit to risk markets left crypto with heavy losses over the weekend. Reports say roughly $250 billion was wiped from combined market value as investors pulled back. Some of the selling hit Bitcoin hard. Others said it spread to tech stocks at the same time. Related Reading: Who Struck Step Finance? Treasury Breach […]
Nets, a Nordic payment giant which traces its roots back to 1968, has joined hands with Coinify to establish a Blockchain Development Lab. Nets joins a long list of financial services firms who are exploring blockchain to benefit from this innovation which has the potential to disrupt the market. Nets – A Nordic Payment Giant. Nets was formed in 2009 through a merger between three leading companies (BBS, Teller and PBS) in the payment cards, payment solutions and payment information space. PBS, which was established in 1968, was one of the earliest players in the electronic payment space....
Thursday’s multimillion-dollar decentralized finance breach resulted in the theft of around $13.5 million. DEUS Finance DAO was impacted this time. Deus Finance, a DeFi platform, acknowledged reports that an attacker stole millions of dollars through an unlawful means. CertiK and PeckShield, two blockchain security startups, reported that Deus Finance was the victim of a “flash […]
Propanc Biopharma said it has struck a deal to raise up to $100 million to build a digital asset treasury that will support its cancer-treatment program. Based on reports, the arrangement with Hexstone Capital begins with an initial injection of $1 million and gives the investor the option to provide as much as $99 million […]
Brazil’s Méliuz has taken a bold step by adding Bitcoin to its corporate treasury. The fintech firm, the first in the country, spent $28.4 million to buy 274.52 BTC at an average price of $103,604 each. Now, its total stash stands at 320 BTC, worth more than $33 million today. Related Reading: Crypto Cold War? Trump Says US Is […]