10h ago
TRM Labs: North Korea-linked hacks accounted for $643M of $972M in H1 2026 crypto losses
TRM Labs reported 207 cryptocurrency hacks in the first half of 2026, the highest six-month count on record, with total losses of $972 million—more than 50% lower than the $2.3 billion stolen in H1 2025. It attributed about $643 million, or 66% of the stolen funds, to North Korea-linked activity. Most of that total came from two April incidents affecting Drift Protocol ($285 million) and KelpDAO ($292 million). The report said infrastructure and operational compromises made up about 15% of cases but accounted for roughly 76% of total losses.
DAO
DAO-0.10%
10h ago
11h ago
GE Vernova T&D, Hitachi Energy India and CG Power slide up to 9% on July 3 after 2-year tender exemption for four Chinese firms
A Ministry of Finance memo dated June 24 granted a two-year exemption to four Chinese power transmission and distribution companies, allowing them to participate in tenders issued by state-run entities. Previously, only TBEA had received a one-year approval earlier this year, with a minimum 50% local-content condition for reactor-category bids. The policy shift is seen as intensifying competition in India’s T&D equipment market, potentially weighing on order wins and pricing power for local leaders such as GE Vernova T&D, Hitachi Energy India and CG Power. On July 3, the three stocks fell 6.8%–9%, while GE Vernova extended its losing streak to nine straight sessions for a total decline of 17%.
11h ago
11h ago
Tata Motors PV in focus after JLR Q1 FY27 retail sales drop 15.3% to 80,000 units
Tata Motors Passenger Vehicles said Jaguar Land Rover’s Q1 FY27 retail sales fell 15.3% year on year to 80,000 units, citing temporary supply disruptions tied to Middle East conflict-related market disruption and a fire at a key component supplier. Wholesale volumes declined 9.2%, with sharper drops in China, Europe and overseas markets. The company said the impact was temporary and that it will report April–June quarter financial results in August. Tata Motors PV shares have fallen 13% over the past month and have struggled to rebound after hitting a 52-week low.
11h ago
11h ago
Sensex climbs 550 points and Nifty nears 24,350 on July 3 as Fed rate-hike bets ease
Indian stocks opened higher on July 3, with the Sensex and Nifty both up 0.71%, after a softer U.S. jobs report prompted markets to scale back expectations of a near-term Federal Reserve rate hike. The Nifty Metal index rose nearly 2%, led by gains of nearly 3% in Hindustan Zinc and more than 4% in National Aluminium Co. IT stocks advanced 1.9%, while Nasdaq 100 futures added 0.6% and gold extended its rally. India VIX slipped to 11.99, signalling reduced volatility.
11h ago
11h ago
BBC probe finds Instagram ran paid ads in India promoting child sexual abuse material
A BBC investigation found Instagram served paid ads in India promoting child sexual abuse material, using keywords such as “rape video” and directing users to Telegram channels. Meta said it had disabled several adverts and suspended accounts, and later removed additional ads, disabled more accounts and blocked URLs after the BBC shared its findings. The BBC said Instagram’s systems declined to remove one ad within 24 hours, saying it did not violate the platform’s rules. The BBC said it reported the ads and Telegram channels to Indian law enforcement and to the National Center for Missing and Exploited Children (NCMEC), and noted Meta was ordered to pay $375m in a similar case in the US state of New Mexico.
11h ago