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BIS Warning: Cryptocurrency exchanges are evolving into "shadow banks," and users face unprotected risks
The Bank for International Settlements (BIS) released a report indicating that cryptocurrency exchanges are gradually providing bank-like services, such as lending and earn products, but lack the regulation and deposit protection found in traditional financial systems, posing systemic risks.The repo...
sDOLA LlamaLend suffered a flash loan price manipulation attack, resulting in a loss of approximately $240,000
sDOLA LlamaLend suffered a flash loan price manipulation attack, resulting in a loss of approximately $240,000, including 6.74 WETH and 227,325 DOLA.The attacker manipulated the sDOLA price through flash loans and donations, increasing the exchange rate of 1 sDOLA from 1.189 DOLA to 1.353 DOLA. This...
Walmart Reaches Settlement with U.S. Over Opioid Lawsuit
Walmart has reached a settlement with the U.S. government to resolve a lawsuit accusing its pharmacies of illegally dispensing opioids and other controlled substances. The agreement ends a federal battle that began in 2020, although the financial terms have not yet been disclosed.
Cyberattack at Lingor: Identity Documents, IBANs, and Addresses of Gold Buyers Exposed
Lingor, a French gold dealer, confirms a cyberattack with ransom. Identity documents, proof of residence, and IBANs exposed.
JPMorgan’s IBIT Bitcoin ETF bet just missed its escape hatch to avoid 6% deduction
IBIT’s $44.46 close missed JPMorgan’s early-call trigger, while new Bitcoin structures add a 6% drag, SOFR financing, and worst-of ETF risk.
A zero-revenue public company tried to copy Michael Saylor to avoid delisting, but its stock immediately crashed 25%
Alpha Modus is betting on a $225 million Bitcoin deal to repair its negative balance sheet and Nasdaq listing.
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