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News Archive

August 30, 2026Connected
6 storiesLast updated: 1:50:05 AM

Stocks

StocksBullish

Sandisk and Kioxia Plan $31 Billion Investment in Japan Memory Plants

Key Facts

  • •Kioxia and Sandisk plan to invest over $31 billion in Japan through 2032, contingent on government support.
  • •Sandisk is obligated to finance about half of the joint venture's capital expenditures if internal cash flow is insufficient.
Impact:
6/10
SNDK285A.T
about 4 hours ago

Crypto

CryptoBearish

Neobank Exploit Triggers $1.1M Theft and 49% Crash in AVICI Token

Key Facts

  • •A neobank suffered a crypto card exploit resulting in the theft of $1.1 million.
  • •The price of the AVICI token crashed 49% to a record low following the exploit.
Impact:
6/10
AVICI
about 2 hours ago

Macro Economy

Macro EconomyBearish

UAE Investigates Banque Misr Following US Dollar Transfer Restrictions

Key Facts

  • •UAE authorities have launched an investigation into Banque Misr following a US move to block the bank's dollar transfers.
Impact:
6/10
about 5 hours ago
CryptoBullish

Ethena Foundation Proposes Linking Protocol Revenue to ENA Token Holders

Key Facts

  • •The Ethena Foundation published four changes aimed at addressing monthly selling pressure from early backers.
  • •The new proposals aim to tie the economic value produced by the protocol directly to ENA token holders.
Impact:
5/10
ENA
about 3 hours ago
CryptoBearish

Switchboard Oracle Halts Operations Across Multiple Chains After Potential Security Breach

Key Facts

  • •Switchboard oracle platform halted operations on Aptos, SUI, IOTA, and Movement networks.
  • •The shutdown was triggered after detecting a potential compromise or security vulnerability.
Impact:
5/10
about 4 hours ago
CryptoBearish

Fogo Blockchain Halts Mainnet Following 400M Token Exploit

Key Facts

  • •Layer 1 blockchain Fogo halted its mainnet after an attacker obtained 400 million FOGO tokens, representing 10% of the circulating supply.
  • •The affected tokens were valued at approximately $3 million at the time of the incident and constitute 4% of the genesis supply.
Impact:
5/10
about 5 hours ago