Humanity Protocol hack wipes out US$30m and 90% of value
Humanity Protocol, a Worldcoin rival built to verify users are human, lost over US$30 million as attackers drained 17 wallets and its token crashed about 90% in hours.
Humanity Protocol, a Worldcoin rival built to verify users are human, lost over US$30 million as attackers drained 17 wallets and its token crashed about 90% in hours.
Greater Manchester Mayor Andy Burnham won a decisive victory for the Labour Party in a by-election in the constituency of Makerfield with 54.8% of the vote, defeating Robert Kenyon from right-wing Reform UK, who secured 34.5%. Burnham's win forges a pathway to challenge UK Prime Minister Keir Starmer for his job. Bloomberg's Ruth David reports.
Microsoft warned Windows users about a cryptocurrency clipper malware campaign that spreads through USB drives and is designed to steal wallet credentials, private keys, seed phrases, and other sensitive financial data.
Algorand (CRYPTO:ALGO) unveiled a roadmap to implement quantum-resistant infrastructure by the end of 2027.
Stablecoin adoption for cross-border payments has reached 71% among Latin American institutions.
US Commerce Secretary Howard Lutnick outlined concerns to ASML's senior leaders that one of its top-of-the-line machines may have made its way into China, in violation of US-led export restrictions. ASML has pushed back on Lutnick's suggestion, explaining that none of its extreme ultraviolet lithography machines are in China, according to people familiar with the talks. Bloomberg's Neil Campling reports.
The global oil market is zeroed in on activity in the Strait of Hormuz after the US and Iran inked an interim deal to end their war and reopen the critical waterway. While equities have largely shrugged off the turmoil, central banks and traders are eagerly watching for signs of further energy-supply disruption and impacts on inflation. The Opening Trade spoke with leading market voices for their take on the deal, how global economies have handled the conflict and whether the world can return to pre-war pricing.
Valuations have eased and foreign inflows weakened, yet India is still not seen as cheap relative to global peers, according to Bank of America's India CEO Vikram Sahu. He joined Haslinda Amin and Menaka Doshi on Insight with Haslinda Amin.
Solana (CRYPTO:SOL) recorded 285,971 wallets holding tokenised real-world assets as of June 18, surpassing Ethereum (CRYPTO:ETH) and BNB Chain (CRYPTO:BNB).
Dogecoin (CRYPTO:DOGE) drew attention to a Japanese tax incentive programme after players of Final Fantasy 14 were offered a Shiba Inu-themed in-game mount through a local government initiative.
Ethereum (CRYPTO:ETH) could face a funding gap for core protocol development within the next three to nine months.
A constitutional amendment approved by parliament would lengthen presidential terms and allow the 83-year-old leader, Emmerson Mnangagwa to remain in office beyond 2028. Bloomberg's Jennifer Zabasajja reports from Johannesburg.