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Network News KELP DAO EXPLOIT: A cross-chain bridge holding nearly a fifth of a restaked ether token’s circulating supply just got drained, and the fallout is moving through DeFi faster than Kelp DAO can pause contracts. An attacker drained 116,500 rsETH (restaked ether) from Kelp DAO’s LayerZero-powered bridge at 17:35 UTC over the weekend, worth…
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NEW DELHI: Cumulative seizures of potential poll inducements in West Bengal and Tamil Nadu have touched Rs 1,072 crore, with the former accounting for 96% of the value of liquor seized and latter reporting 78% of the illegal cash seizures.While polling will be held in Tamil Nadu in a single phase on Thursday, West Bengal…
Check out the companies making the biggest moves midday: Calix — The AI and cloud platform’s stock tumbled 16% after the company warned of margin headwinds for the year, overshadowing better-than-expected results for the first quarter. TE Connectivity — Shares of the electrical components maker shed 12% after the company’s third-quarter guidance underwhelmed investors. TE…
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MUMBAI: Even as it contends with slow sales and stiff competition from rivals, Elon Musk’s Tesla is expanding into India with a new product launch and wider coverage of its service centres and charging stations in the country. On Wednesday, the electric vehicle (EV) giant launched its six seater Model Y L variant in India,…
