Kelp hack shakes banks’ blockchain adoption plans
A $293 million exploit of Kelp DAO has raised concerns that traditional financial institutions may slow blockchain adoption as they reassess security risks.

TV presenter and finance editor at Grafa, with a Master’s in Commerce from UWA and diverse industry experience in finance, insurance, and media.
A $293 million exploit of Kelp DAO has raised concerns that traditional financial institutions may slow blockchain adoption as they reassess security risks.
Bitcoin fell toward $75,000 as markets reacted to Kevin Warsh’s Senate hearing and rising uncertainty over stalled US-Iran peace talks.
South32 (ASX:S32) lifted its net cash position by US$121 million for the March quarter despite a tightening economic landscape.
Western Australia's energy sector is reeling after Premier Coal announced it will slash operations and cut at least 120 jobs.
Kemper (NYSE:KMPR) announced today that it has completed the sale of its property and casualty distribution operation, which includes captive agents and storefront locations, to Confie, a leading national insurance distribution company.
D.R. Horton (NYSE:DHI), the largest homebuilder in the U.S., reported second-quarter financial results that underscored a robust appetite for new construction as the company successfully converted high demand into a double-digit increase in sales orders.
VAALCO Energy (NYSE:EGY) released a comprehensive operational update today, highlighting significant production gains in Gabon and a major logistics success in Côte d’Ivoire.
Rox Resources (ASX:RXL) intercepted the United North mineralised shear zone at its flagship Youanmi Gold Project.
Recce Pharmaceuticals (ASX:RCE) achieves a regulatory milestone as Indonesia's BPOM clears its Phase 3 clinical trial site for diabetic foot infection treatment.
Australian life insurer TAL announced an expansion of its long-term partnership with Microsoft.