Streetbeat News

Security

SMX

SMXWW

SMX Public Limited Company (NASDAQ:SMX) (NASDAQ:SMXWW) has been working with law firm Seiden Law LLP and retired senior FBI official Joshua Skule to address alleged naked short selling activity. The task force has been coordinating with NASDAQ and FINRA to ensure the integrity in the trading of its shares and build shareholder value.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 12:35 pm

AKAM

Akamai Technologies, Inc. (AKAM) has entered into a strategic partnership with World Wide Technology (WWT) to deliver Akamai's security solutions to WWT's enterprise, service provider, and public sector customers globally.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 10:35 am

SOL

SOLUSD

Decentralized exchange Cypher, backed by Solana, lost nearly $1 million in a security breach. The protocol's contracts have been frozen as contributors negotiate with the hackers for a fund return. Marginfi, a Solana trading protocol, clarified it was unaffected by the hack.

Portfolio Pulse from Benzinga Neuro

August 08, 2023 | 7:52 am

SPY

VGK

Ukraine's Foreign Minister has requested the U.S. to supply Kyiv with Long-Range Army Tactical Missile Systems (ATCMs).

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 4:47 pm

HOOD

SEC chair Gary Gensler has expressed concern over the potential impact of AI on financial markets, suggesting that reliance on a few foundational models could lead to future financial crises. He also questioned whether AI tools on trading apps like Robinhood prioritize the investor. Gensler emphasized that the responsibility for any flawed financial advice given by AI chatbots rests with investment advisers.

Portfolio Pulse from AJ Fabino

August 07, 2023 | 3:04 pm

BNBUSD

Cryptocurrency exchange Huobi experienced a net outflow of over $73.3 million this past week, coinciding with the detention of several of its top executives by Chinese authorities. The exchange's stablecoin reserves have also decreased by 33%, settling at $99.47 million over the week. Huobi advisor Justin Sun tweeted the number “4”, a term often used in the crypto sphere to address situations filled with fear, uncertainty, and doubt.

Portfolio Pulse from Murtuza Merchant

August 07, 2023 | 2:44 pm

SHW

Sherwin-Williams Company has reported that there were no fatalities in a recent incident. The company is waiting for clearance from the fire department to access the Shiloh site and assess the impact of the event.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 1:50 pm

CRVUSD

Curve Finance (CRYPTO: CRV) has announced a reward of $1.85 million for information leading to the legal conviction of the individual or group behind the recent exploit of their system. A software glitch on July 30 caused the DeFi protocol to lose over $70 million in assorted digital currencies. The culprits exploited weak versions of the Vyper programming language, launching re-entrancy attacks on specific Curve liquidity pools. As of Monday, approximately 73% of the stolen funds, equivalent to around $52.3 million, have been returned. Curve's governance token has seen a decline of over 6% in the past week, currently trading at $0.61.

Portfolio Pulse from Murtuza Merchant

August 07, 2023 | 12:43 pm

GOOG

GOOGL

Google, a subsidiary of Alphabet Inc., has launched a new tool called Pixel Binary Transparency to help users check if their Pixel phones and tablets have been tampered with. The tool is a response to the increasing number of attacks on the software supply chain, which have affected tens of thousands of software users from Fortune 500 companies to branches of the US government.

Portfolio Pulse from Rounak Jain

August 07, 2023 | 12:36 pm