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SwissBorg Loses $41 Million in Solana After Partner API Exploit
Yahoo Finance· 2025-09-09 00:49
SwissBorg has confirmed a serious breach that led to the loss of around $41 million worth of Solana. The issue came from its SOL Earn product, where users lock up their SOL to earn rewards. The funds were taken from the platform through a compromised API tied to a third-party staking provider. SwissBorg says about one percent of user accounts were directly impacted, but the total amount lost adds up to about two percent of the company’s overall assets. Breach Traced to Staking Partner Kiln The breach was ...
X @Kraken
Kraken· 2025-08-13 14:47
RT SALT (@SALTConference)Thank you to the Wyoming Blockchain Symposium Presenting Sponsor: @krakenfxKraken is one of the world’s longest-standing and most secure crypto platforms. Founded in 2011, Kraken offers spot trading, staking, regulated derivatives, tokenized assets, and more to millions of clients in over 190 countries. In 2025, Kraken relocated its headquarters to Cheyenne, Wyoming, solidifying its long-term commitment to U.S.-based crypto innovation.After fantastic debut event in 2024, Kraken is r ...
X @Wu Blockchain
Wu Blockchain· 2025-07-27 00:15
TRM Labs reports that Russian entities are using Kyrgyzstan-based crypto platforms to bypass sanctions, driving most of the country’s crypto activity. Platforms like Grinex, Meer, and EVDE are linked to the banned Russian exchange Garantex and help convert rubles to crypto via stablecoins like A7A5.https://t.co/D4dVXTJ9o7 ...
Markets Close Rollercoaster Q2 on Top
ZACKS· 2025-06-30 23:00
Market Performance - The S&P 500 and Nasdaq reached all-time highs at the end of Q2 and the first half of 2025, with the S&P 500 closing above 6200 for the first time [1] - The Dow gained +4% in June, while the S&P 500 and Nasdaq increased over +6% [2] Company Highlights - NVIDIA (NVDA) saw a +15% increase over the past month, indicating strong performance in the AI sector [2] - Robinhood (HOOD) experienced a +12% rise in June, reflecting positive trends in the crypto platform market [2] - JPMorgan (JPM) reported a +1% gain following the successful completion of stress tests by all major banks [3] Economic Indicators - The Chicago Business Barometer fell to 40.4, indicating continued contraction for the 19th consecutive month, as any reading below 50 suggests [4] - A significant 90% of business leaders anticipate less than +5% growth, with 45% expecting flat or declining growth in the second half of the year [5] Upcoming Economic Data - The upcoming jobs report is expected to show a decrease in job openings to 7.3 million, reflecting potential softening in the labor market [6] - Final manufacturing results for June and various reports on construction spending and auto sales are anticipated, which may provide further insights into economic conditions [7]