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Arbitrum-based lending protocol Lodestar Finance was exploited in a flash loan attack on Dec. 10. According to Lodestar, the attacker manipulated the price of the plvGLP token before borrowing all platform liquidity using the inflated token. In a Twitter thread, Lodestar explained the attack flow. T...
According to The Fly, Citigroup analysts reduced Velodyne Lidar’s (NASDAQ: VLDR) price objective from $1.70 to $1.30 in a research note distributed to investors on Wednesday. According to Citigroup, the target price represents a potential rise over the stock’s 21.50% current price. There have be...
Smart contracts are core elements of decentralized finance (DeFi). They replace intermediaries in financial transactions, where transactions are executed once conditions are met. Smart contracts took decentralization to the next level since users can automatically perform the approved contracts with...
This is your chance to get one of Apple’s more powerful tablets at a much better price than usual. Amazon is selling the 2022 iPad Air with 64GB of storage and WiFi for $500, or a full $100 off. That’s an all-time low for all but one color variant of the tablet, and you’ll see [&he...
If you’ve got $1,000 to invest in 2023, there are several routes you could take. The right option depends on your financial situation, your tolerance for risk, and your knowledge of different markets. You don’t have to just pick one either, quite the opposite. Building a diversified port...
Decentralized finance (DeFi) markets may have cooled down over the past year, but the technology powering these applications continues to advance. In particular, smart contract platforms that enable transactions to take place across DeFi applications are maturing to meet enterprise requirements. Whi...
It’s the day before Thanksgiving, so Americans are spending more attention on getting to their relatives’ houses or preparing their own homes for the big meal, but there’s still plenty to watch. The Federal Reserve is slated to release the minutes from its last meeting, which could give invest...
Dow Jones futures tilted higher early Wednesday, along with S&P 500 futures and Nasdaq futures. The stock market rally rebounded Tuesday, with the S&P 500 retaking the 4,000 level. Deere (DE) reported better-than-expected earnings early Wednesday. DE stock rose solidly in premarket trade, si...
Stocks were higher near midday on Wednesday, though off their best levels of the day, during the week’s final full trading session for U.S. investors. Near 12:35 p.m. ET on Wednesday, the S&P 500 was up 0.2%, the Dow was unchanged, and the Nasdaq was higher by 0.5%. Earlier in the session ...
Bitcoin has recovered some ground after hitting its lowest price for two years yesterday, per CoinGecko. The world’s largest cryptocurrency clawed its way back above the $16,000 mark and, on Wednesday morning, was trading 4.9% higher than a day earlier at $16,498.99. Bitcoin hit its lowest point s...