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Friday, January 24, 2025

Sorra Finance Staking Exploit: $41,000 Drained in Flawed Reward Logic
Sorra Hack AnalysisOn January 4, 2025, the Sorra Staking contract was exploited due to flawed logic in the getPendingRewards() function, which failed to track and deduct previously distributed reward...
Canada’s FINTRAC Warns of Crypto’s Role in Drug Money Laundering
Key Takeaways According to FINTRAC, virtual currencies have become a favoured tool for traffickers due to their use on darknet marketplaces FINTRAC noted that financial institutions often detec...
Trump Issues Executive Order on Crypto Working Group, Prohibits CBDC
Key Takeaways Trump signed an executive order to establish an internal working group tasked with fostering crypto innovation and development in the U.S. The order also prohibits the issuance, c...
SEC Rescinds Contentinous Crypto Accounting SAB 121 Rule
Key Takeaways The SEC has now replaced SAB 121 with SAB 122, which provides a revised framework Under the new guidance, companies must evaluate potential risks related to their custody activiti...
THORChain Suspends BTC,ETH Withdrawals Amid Insolvency Fears
Key Takeaways The suspension, which will last for 90 days, allows the THORChain community time to formulate a stabilization plan The suspended lending and savings programs were part of THORFi, ...
Apple just gave developers a reason to celebrate with this API
Apple announced the launch of a new API called the “Advanced Commerce API,” aimed at enhancing in-app purchase capabilities on the App Store. This announcement was made on January 23, 2025, and se...
Leak: PlayStation 6 to feature UDNA GPU and launch in 2027
Leaks surrounding the PlayStation 6 indicate that its chipset design is nearing completion, with initial test production expected to start later this year, paving the way for a potential release in 20...
This Pixel update takes theft protection to the next level
Google has introduced a new security feature called Identity Check for supported Android devices, designed to lock sensitive settings behind biometric authentication when users are outside of trusted ...
Vince stock (VNCE) skyrockets 66%: Is this the beginning of a retail comeback?
Vince Holding Corp. ($VNCE) saw its stock rocket 65.96% on January 23, 2025, closing at $3.90, as investors cheered the announcement of P180’s majority acquisition of the company. Pre-market trading...
Will Trump’s interest rate demand sink the dollar? Here’s what experts say
President Trump expressed a desire for lower interest rates during a virtual address to the World Economic Forum in Davos, Switzerland, stating, “I’ll demand that interest rates drop immediately,�...
Newswire > Friday, January 24, 2025

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