Cryptocurrency

Layer-1 blockchain network Qubic halted operations Sunday after an attacker reportedly exploited weakly generated wallet seeds to drain approximately $1.4 million from more than 1,400 accounts, according to the project. In a statement on X, Qubic said the network was...

A Nasdaq spokesperson told the Wall Street Journal that the company does not want its shares trading on a venue that does not display best prices in real time or report to the consolidated tape, which aggregates stock-market trading...

Reason to trust ...

Key TakeawaysQubic reported 1,404 wallets drained of approximately 2.94 trillion QU between Oct. 17 and 18.Qubic attributed the theft to predictable wallet seeds generated by older Apple software.MEXC reportedly froze the stolen tokens it received, while Qubic’s quorum considers...

The prediction market industry enables people to bet on US ‌elections and sporting events. Source link

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TL;DR: TD Cowen reportedly raised its Strive share-price target from $44 to $56 after the Bitcoin treasury company expanded its holdings to 35,595 BTC. Strive is also seeking financing through a substantial preferred-share offering. Bitcoin treasury company Strive is attracting...

Wells Fargo, meanwhile, is already processing cross-border payments using tokenized deposits, with money reaching beneficiary accounts in two minutes or less."This is in production, by the way, and it's small volume so far," CFO Michael Santomassimo said.The bigger opportunity...

Key TakeawaysStrive’s consecutive $280M and $235M bitcoin purchases signal renewed corporate demand for BTC.Binance US’s reported $1B valuation is roughly 78% below its $4.5B valuation in 2022.Evernorth’s 473M XRP treasury could position it to lead a broader wave of...

Solana has had no reported mainnet outages in two years, but concentrations in stake, hosting and client software should be monitored, according to a report. Source link