Upbit drops HEMI after 124.5M-token exploit
Upbit has cancelled Hemi (CRYPTO:HEMI) trading after a September 7 smart-contract exploit removed about 124.5 million unclaimed HEMI tokens.
Upbit has cancelled Hemi (CRYPTO:HEMI) trading after a September 7 smart-contract exploit removed about 124.5 million unclaimed HEMI tokens.
A trademark fight with a local tea maker sparked a patriotic backlash that exacerbated a demand slump for LVMH's most profitable label. While the broader downturn in the Asian powerhouse has slammed all luxury brands, LVMH Moët Hennessy Louis Vuitton SE's flagship label was the worst hit in July and August, people familiar with the matter said.
Iran and the US are digging in for a protracted war, with little sign of a near-term ceasefire or return to normal Middle East energy flows even if hostilities remain at a low intensity. The conflict has entered a form of stalemate, with critical issues including control of the Strait of Hormuz and Iran's nuclear program still unresolved. Bloomberg's Stuart Livingstone-Wallace breaks down the situation.
Ripple has expanded its GSmart treasury platform with policy-controlled AI agents covering financial forecasting, liquidity, risk, reconciliation and reporting.
AMP economist My Bui projects US 10-year Treasury yields could reach 5% as structural inflation drivers remain intact. She notes that sustained market pressures may keep Federal Reserve interest rates elevated as equities come under pressure, creating a situation where investors lack safe havens amidst market turmoil.
Cosmos has launched a 17-company partner network designed to help banks move tokenised-deposit projects beyond pilot programmes and into production.
Nasdaq, Börse Stuttgart and European financial groups have urged EU lawmakers to remove the proposed €100 billion cap on tokenised securities.
Mastercard has launched Wallet Pay to connect digital wallets with its global payment network.
Pump.fun has launched 93 Custom Pairs, letting users create tokens against tokenised stocks, major cryptocurrencies and metals on Solana.
Fnality has appointed former Bank of England deputy governor Jon Cunliffe as chair of its UK board.
Trezor has warned users about phishing emails sent through its compromised third-party email infrastructure.
Bitwise has announced plans to liquidate its spot Dogecoin ETF, about 10 months after launch.
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