Sui-based yield trading protocol Nemo lost $2.59 million in a Sept. 7 exploit caused by unaudited code deployed without multisignature controls. Sui-based yield trading protocol Nemo lost about $2.59 million due to a known vulnerability introduced by non-audited code being deployed, according to the project. According to Nemo’s post-mortem analysis of the Sept. 7 hack, a flaw in a function intended to reduce slippage allowed the attacker to change the state of the protocol. This function, named “get_sy_amount_in_for_exact_py_out,” was pushed onchain without being audited by smart contract auditor Asymptotic. Furthermore, Asymptotic’s team identified the issue in a preliminary report. Still, the Nemo team admits that its “team did not adequately address this security concern in a timely manner.” Read more
XRP analysts highlighted the potential to rebound to $4.50 and higher as institutional demand and derivatives trader interest increased steadily. Key takeaways: XRP’s potential to rise to new all-time highs is backed by increasing institutional demand and open interest. Analysts say XRP's price could continue its uptrend to $3.12 and later to $4.50. Read more
Magnor, a Romanian company specializing in the trading of pre-owned jewelry, electronics and luxury goods, posted RON115 million revenue in the first half of 2025, 90% more than in 2024, as well as RON8.4 million net profit, up from the RON3.5 million in the year-ago period, the company announced on Thursday.