loses

Stock Market Loses Ground For Second Day; Micron Warns; Coinbase Set To Report

Stock market indexes traded lower in the first hour of Tuesday’s session, with chips and big tech taking the brunt of selling pressure. Energy stocks, led by natural gas plays, rose after Russian oil flows through central Europe were halted. X The Dow Jones Industrial Average is trading lower by 0.2% at this hour while …

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Another crypto bridge attack: Nomad loses $190 million in ‘chaotic’ hack

Bridges are the infrastructure that allow users to exchange assets between different blockchains, the digital database underpinning major cryptocurrencies. When a bridge service swaps one coin for another, it “wraps” the currency so that it will function on the other blockchain. A wrapped coin does not become another currency altogether — “it just looks like …

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Another crypto bridge attack: Nomad loses $190 million in ‘chaotic’ hack | CNN Business

New York CNN Business  —  Heists continue to plague the crypto world, with news of large sums stolen from digital currency firms seemingly every month. But while crypto exchanges were once the main point of attack, hackers now appear to have a new target: blockchain bridges. Bridges are the infrastructure that allow users to exchange …

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Robinhood cuts nearly a quarter of its staff as the pandemic darling loses its shine

People wait in line for T-shirts at a pop-up kiosk for the online brokerage Robinhood in New York City after the company went public on July 29, 2021. On Tuesday, the company said it was cutting nearly a quarter of its staff. Spencer Platt/Getty Images hide caption toggle caption Spencer Platt/Getty Images People wait in …

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Nomad crypto bridge loses $200 million in “chaotic” hack

After a few quiet months, it’s happened again: another blockchain bridge hack with losses in the hundreds of millions of dollars. Nomad, a cryptocurrency bridge that lets users swap tokens between blockchains, is the latest to be hit after a frenzied attack on Monday, which left almost $200 million of its funds drained. The hack …

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