5h ago
Hyperion DeFi posts record $31 million Q2 net income, tripling from Q1 as crypto market slumps
On August 12, Hyperion DeFi reported record net income of $31 million for the second quarter of 2026, up more than threefold from $8.8 million in the first quarter. The company is the first U.S.-listed firm built on Hyperliquid. Hyperion attributed the profit jump to rising revenue. The results came as the broader crypto market remained weak, highlighting the company’s resilience.
HYPE
HYPE+4.22%
5h ago
6h ago
Kospi jumps 3.73% to 6,824.54 as SK Hynix and Samsung rally on AI-driven chip demand
South Korea’s Kospi surged 3.73% to 6,824.54, its highest level since July 24, led by chip stocks on artificial-intelligence demand. SK Hynix rose more than 7% and Samsung Electronics gained more than 5%. Foreign investors were net buyers of $778.5 million in equities, while the won strengthened 0.38% against the dollar. POSCO Holdings slipped 0.08% and Samsung Biologics climbed 0.84%.
6h ago
6h ago
Jio Financial shares rise over 3% after Bank of America agrees to buy 49.9% of Jio Credit for Rs 18,268 crore
Jio Financial Services shares rose more than 3% to Rs 263 on the BSE on Thursday after the company said Bank of America will buy a 49.9% stake in its wholly owned nonbank lender, Jio Credit, in a Rs 18,268 crore deal. Bank of America will first take a 26.5% stake through a preferential allotment of equity shares. It can later lift the holding to 49.9% by exercising warrants, subject to regulatory approvals.
6h ago
6h ago
Coldcard exploit highlights single-point-of-failure risk in private keys as losses reach $111 million
A vulnerability affecting certain Coldcard Bitcoin hardware wallets has intensified concerns about private-key security, with Blockaid CEO Ido BenNatan warning that private keys can become a single point of failure even when assets are kept offline. Galaxy Research has identified at least $111 million in confirmed thefts and estimated total losses could exceed $130 million. Blockaid data show nearly 75% of crypto funds lost to exploits in the first half of 2026 were linked to private-key compromises, while total hack losses in the period topped $1 billion amid record verified incidents. The episode underscores that offline storage alone may not prevent theft when seed generation, firmware, and cryptographic implementation are compromised.
BTC
BTC-0.70%
6h ago