XRP bridge drained for $200,000 after software mistook fake deposits for real ones
An attacker created unbacked XRP on another blockchain, then exchanged it for real XRP held in reserve. The bridge has been halted and its operator has filed a…
Ravencoin hits record low as network exploit puts transactions at risk
Mining pools controlling most of Ravencoin’s hash rate are building a competing chain that could trigger a threeday reorganization. Source:Cointelegraph
SEC, CFTC sue Goliath Ventures over $400M crypto Ponzi scheme
Regulators allege Goliath promised crypto liquiditypool returns but instead paid earlier investors and funded its founder’s luxury spending.…
Super Micro’s earnings report brings more good news, and the stock is climbing
The company impressed Wall Street several weeks ago by teasing an improved profitability trajectory. Super Micro’s latest forecast has exceeded expectations as…
Bitcoin stuck as ETF inflows offset selling, but inflation data could spark a move
Weeks of sideways trading have crushed volatility, leaving Wednesday’s inflation report as the next potential catalyst, analysts said. Source:CoinDesk
CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
New York sued Kalshi last month in a bid to block it from operating sportsrelated prediction markets. Source:CoinDesk
CoreWeave’s stock soars as earnings show major AI momentum
The AI cloud provider topped revenue and earnings expectations, with its CEO cheering “an important inflection point.” Source:MarketWatch
Lumentum sees sales more than double as AI demand swells
Though Lumentum posted blowout earnings and an upbeat forecast, its stock was largely flat after hours. Source:MarketWatch
SEC to address crypto regulations in absence of CLARITY passage
The US securities regulator scheduled a meeting this week with the potential to step up on digital asset policies without congressional action.…
Itaú joins Brazil tokenization pilot with OpenAssets
The bank will test tokenized fixedincome securities and investment funds as part of an ANBIMAled industry pilot. Source:Cointelegraph
Cava reports sales growth even as some customers steer clear of lettuce
Cava Group says some diners have switched up their orders to avoid lettuce, but the fastcasual chain has still been able to sport sales growth despite a summer…
Oracle’s stock has taken a hit as AI spending concerns resurface
A lack of clarity around Oracle’s future AI spending plans is keeping investors on the sidelines, one analyst believes. Source:MarketWatch