Peckshield revealed a major security breach impacting the Ronin Network in a Tuesday X post, leading to the loss of 3,996 Ether tokens, valued at approximately $9.8 million. White Hat Hacker Speculation Surrounds Ronin Security Breach The breach was initially discovered by blockchain security firm Peckshield, that speculated in an August 6 X post that...
The tokenization of real-world assets (RWAs) may be the next “killer use case” for the crypto industry. Investment bank Citi released a report in March 2023 showing that the market for RWAs is projected to reach $4 trillion to $5 trillion by the year 2030. The report notes that the potential for tokenization via blockchain...
European stocks are seen opening flat to slightly higher on Wednesday, tracking muted cues from global markets. All eyes remain on AI darling Nvidia, which will release its fiscal second quarter results after the close of U.S. trading later in the day. The highly anticipated earnings report will provide a key test for the AI...
JAKARTA – PT Indo Tambangraya Megah Tbk (ITMG) announces positive result from the latest audit on its coal reserves and resources in several of its mines located in eastern Kalimantan. According to the December 2023 data, ITMG recorded total coal reserves of 281 million ton and total resources of 1,313 million ton. However, based on...
JAKARTA. PT Wismilak Inti Makmur Tbk (WIIM), a cigarette manufacturer with the third highest market capitalisation in Indonesia, reported net profit of IDR 147.24 billion in the first half (H1) of 2024. Said number was 40% year-on-year (yoy) lower from the same period last year, in which WIIM booked net profit of IDR 246.88 billion....
Sentiment improved in Asian markets on Monday amidst an assessment that concerns about economic growth in the U.S. were overdone. Anxiety ahead of the CPI data due from the U.S. on Wednesday however limited gains. Markets in Japan are closed for a holiday. Chinas Shanghai Composite Index shed 0.14 percent to finish trading at 2,858.20....
Cryptonews Podcast Matt Zahab recently sat down for an exclusive interview with Unique Divine, the co-founder and CEO of Nibiru, the user-centric layer-1 Super Chain. Divine discussed the Nibiru EVM, which is coming in Q3, and its relevance. He talked about the challenges of raising funds for a new project, the lessons learned when creating...
Gold prices took a technical support around$1,930 per ounce,driven by the cheer of softening US inflation,has been cut short but a mild rebound in the US Dollar overnight.Gold prices were confined to a restricted range nearing$1,960 per ounce after testing immediate resistance of$1,980 per ounce.As of 10:50 am Singapore Standard Time,Gold Comex December futures traded...
Reinsurance Group of America, Inc. (RGA) announced Wednesday that Axel Andre will join the company as Executive Vice President on June 24, 2024. Andre is expected to be named Chief Financial Officer (CFO), following a brief transition period, effective August 5. Andre will succeed Todd Larson, who served the company for nearly three decades. Larson...
Australia is scheduled to release a batch of data on Tuesday, headlining a light day for Asia-Pacific economic activity, On tap are April figures for retail sales and Q1 data for current account and company profits. Retail sales are expected to add 0.1 percent on month after slipping 04 percent in March. The current account...