A decentralized exchange (DEX) on the Solana (SOL) blockchain, Mango Markets, says an attacker took off with crypto assets worth tens of millions of dollars following an exploit on the platform. Mango...
Tag: Markets
‘The mood has turned darker’: Desperate to outrun inflation, people are making big (and easy) changes to their habits. You can too.
We never were the same after last summer. Stubbornly high inflation rates in recent months and several interest rate hikes by the U.S. Federal Reserve are impacting consumer behavior. That’s according...
Biden unveils plan to pay farmers, cities for Colorado River cuts
The Hoover Dam water intake towers at Lake Mead, the country’s largest man-made water reservoir, formed by the dam on the Colorado River in the Southwestern United States, has dropped 2 inches e...
Digital World, Domino’s, Revlon, Albertsons and more
Revlon signage is seen on display in a Boots store in London, Britain, June 16, 2022. Hannah McKay | Reuters Check out the companies making headlines in midday trading. Digital World Acquisition — The...
Delta Air Lines (DAL) earnings 3Q 22
A Delta Airlines Airbus A-350 aircraft, flight number DL40 bound for Los Angeles takes off from Kingsford Smith International Airport on July 26, 2021 in Sydney, Australia. James D. Morgan | Getty Ima...
Mango Markets hacker proposes steep settlement
On Oct. 12, one day after $117 million was drained from Solana DeFi platform Mango Markets via a price feed exploit, the hacker responsible for the attack demanded a settlement. The proposal was filed...
Sam Bankman-Fried on the Mango Markets Hack: ‘Make Up Your Own Damn Mind’
FTX CEO Sam Bankman-Fried took to Twitter on Wednesday to unpack the lessons from Tuesday’s Mango Markets hack. And he had DeFi oracles in his crosshairs. “When it comes to oracles, you just hav...
Cardano Creator Charles Hoskinson Predicts Crypto Markets Will Decouple Into Their Own Economy
Cardano (ADA) co-creator Charles Hoskinson predicts cryptocurrencies will decouple from traditional markets within two or three years. In a new interview with Fox Business News, Hoskinson says he init...
Delta, Walgreens, Applied Materials and others
Check out the companies making headlines before the bell: Delta Air Lines (DAL) – The airline’s stock rose 3.9% in the premarket on the strength of an upbeat current-quarter forecast as travel d...
Jim Cramer says these 14 stocks are ‘about to pop’
CNBC’s Jim Cramer on Wednesday offered investors a list of stocks that he believes could bounce soon. “The S&P [500]’s down almost 25% for the year, and we’ve gone eleven m...
Mango Markets Hack Sees Attacker Siphon Off $117 Million
According to several news reports, Solana-based trading and lending platform Mango Markets was the target of a significant hack. The attacker was able to siphon off a staggering $117 million from the ...
Jim Cramer says to avoid stocks in the ‘house of pain’ Nasdaq 100 index
CNBC’s Jim Cramer on Wednesday warned investors to avoid the stocks in the Nasdaq 100 and highlighted the worst-performing stocks during the third quarter. “These seven biggest losers from...
Western Union is not a buy
Plug Power Inc: “It’s losing money. And when a stock is losing money, it goes down.” Cameco Corp: “They did a really lousy deal with [Westinghouse Electric.] … I would ne...
Ray Dalio expects ‘negative or poor real returns’ in markets for next five years
When MarketWatch first started publishing financial news and data 25 years ago, Bridgewater Associates was a little-known hedge fund firm that was overshadowed by other macro investing trading operati...
Solana network suffers another $100M scam at Mango Markets
A decentralized blockchain Solana has suffered several exploits over two months. While the rest of the market was busy trading digital assets, the Solana network was experiencing a scam through its Ph...
Devere CEO Expects Further Volatility in Crypto Market Before Year-End — Says Savvy Investors Will Benefit From Panic Sellers – Markets and Prices Bitcoin News
The CEO of Devere Group, a financial advisory and asset management firm, anticipates further volatility in the crypto market before year-end. However, he stressed that “for serious investors, this wil...
The Bearish Downturn Is Still on as the Cryptocurrency Markets Struggle to Keep Support
The cryptocurrency markets still have trouble after failing to hold support last night, adding to the downward pressure this Wednesday. With a price of $19,103, bitcoin is still trading below the $20,...
Moody’s Mark Zandi sees relief within 6 months
The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation report, hinges on oil prices s...
Amazon changes Kuiper prototype satellites launch from ABL to ULA
From left: Artist renderings of the launches of an RS1 rocket and a Vulcan rocket. ABL Space; United Launch Alliance Amazon is swapping rides for the first prototype satellites for its Project Kuiper ...
Digital World, Victoria’s Secret and more
The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Check out the companies making headlines after-hours. Digital World — Th...
Is This the Trader Who Exploited Mango Markets for $100M?
Key Takeaways Decentralized perpetual futures exchange Mango Markets was drained of $100 million yesterday. A trader by the name of Avraham Eisenberg recently discussed attacking protocols in a simila...
Solana DeFi Trading Platform Mango Markets Loses $100M in Hack
In the second $100 million DeFi hack this week, Mango Markets was drained of $100 million in funds due to an exploit. Mango Markets tweeted Tuesday evening that a hacker was able to empty funds from M...
S&P Global Executive Predicts Turning Point for Crypto, Says Tokenization of Everything Coming to Financial Markets
A top executive at market intelligence giant S&P Global says that the mass tokenization of traditional assets is fast approaching, thanks to crypto technology. In a new interview on Scott Melker’s...
Space tourism pioneer Dennis Tito books private moon trip
Dennis Tito, most widely known as being the first space tourist back in mid-2001. Wikipedia Entrepreneur Dennis Tito and his wife Akiko purchased seats on a private trip with SpaceX’s Starship r...
Mango Markets hacker brings bizarre proposal just hours after exploit
The hacker responsible for exploiting Mango Markets to the tune of $100 million, has come forward on the protocol’s governance proposal platform with a set of extraordinary demands. Protocol hacked ...
Solana-Based Defi Protocol Mango Markets Loses $117 Million in Hack, Exploit Allegedly Revealed in Project’s Discord in March – Bitcoin News
According to various reports, the Solana-based trading and lending platform Mango Markets was hacked as a malicious actor was able to siphon $117 million from the protocol. An analysis of the hack pub...
Fed minutes October 2022:
Federal Reserve officials have been surprised at the pace of inflation and indicated at their last meeting that they expect higher interest rates to remain in place until prices come down, according t...
Layoffs at Intel Could Spell a Bitter Winter for Tech. It’s Not All Bad News.
Intel looks set to be the latest tech company to announce job cuts in the face of a gloomy macro outlook—a sign that a bitter winter is coming for the sector. From a more macro perspective, there are ...
Cash is king again as money managers are in no rush to embrace risk with Fed raising rates
Traders work on the floor of the New York Stock Exchange (NYSE) on October 07, 2022 in New York City. Spencer Platt | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) Cash, o...
Don’t expect crypto tech to be a ‘free pass’ from regulation
“We’re gonna have to adapt, there’s no doubt about it. This is not a very in-the-box moment,” says Rostin Behnam, who chairs the Commodity Futures Trading Commission. Behnam was speaking at DC Fintech...
Moderna, Pepsi, Lyft and more
Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California. Mario Tama | Getty Images Check out the companies making the biggest moves midday Wednesday: Modern...