EddieJayonCrypto

 16 Jul 24

tl;dr

LI.FI, a decentralized finance (DeFi) platform, experienced an $11 million hack due to a smart contract exploit. The project officials have advised customers to avoid interacting with LI.FI-powered applications for the time being and are collaborating with law enforcement. The exploit involves the L...

LI.FI, a decentralized finance (DeFi) platform, experienced an $11 million hack due to a smart contract exploit. The project officials have advised customers to avoid interacting with LI.FI-powered applications for the time being and are collaborating with law enforcement. The exploit involves the LI.FI bridge, and the project is working with security teams to trace the funds. The hack is related to a bug in the swapping feature, which had previously caused a $600,000 loss. The affected smart contract facet has been disabled, and there is no further risk to users, as only a small number of wallets were impacted. The project plans to issue a detailed post-mortem soon.

Additionally, a report by Immunefi in May revealed that $473 million worth of crypto was lost to hacks, exploits, and rug pulls in the first half of 2024.

LI.FI spokesman confirms smart contract exploit that resulted in $11M hack. Project officials are engaging with law enforcement, advise customers against interacting with LI.FI-powered applications for now. LI.FI is a protocol that allows users to trade across various blockchains, venues and bridges.

Over $67M in Crypto Lost to Hacks and Exploits in February: Immunefi Report

DeFi Market Rebounds to $50B as Speculators Hunt for Yield

More about Banco De Chile
Banco De Chile Stock Analysis

Banco De Chile Stock Analysis Summary

Banco De Chile, also known as Banco de Chile, is a leading provider of banking and financial products and services in Chile. The company is headquartered in Santiago, Chile.

Key Details

Sector: Finance

Industry: Commercial Banks

Stock Ticker: NEC

Market Cap: 12,206,409,000

Current Stock Price: $7.88

Previous Close: $8.08

EPS: $3.06

Volume: 5,711.6

Dividend Yield: 0.487%

Market Cap (in USD): $2,884,828,922,000

P/E Ratio: 24.32

Day Change: $0.12

Day Change (%): 1.18%

More about Riot Blockchain Inc

Riot Blockchain Inc, Riot Blockchain, Inc., focuses on the cryptocurrency mining operation in North America. The company is headquartered in Castle Rock, Colorado.

Industry: LIFE SCIENCES

Sector: IN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES

Employees: 3315251000

Price: $27.33

Dividend: None

P/E Ratio: 0.42

EPS: 1.448

Beta: 0.501

Market Cap: 286738000

52-Week High: $17.91

52-Week Low: $6.36

Volatility: 0.083

More about Bitfarms Ltd

Bitfarms Ltd - Technical Analysis Summary

Bitfarms Ltd operates in the technology sector, specifically in services related to computer programming, data processing, etc.

Key Financial Figures:

Market Cap: $1,144,436,000

Dividend Yield: Not Applicable

P/E Ratio: -0.4

EPS: 0.577

ROE: -0.638

Volume: 166,633,000

Current Price: $3.94

52-Week High: $0

52-Week Low: $0.674

More about CleanSpark Inc

CleanSpark Inc,CleanSpark, Inc. provides energy software and control technology solutions worldwide. The company is headquartered in Woods Cross, Utah.

Industry: REAL ESTATE & CONSTRUCTION

Sector: BLANK CHECKS

Market Cap: 4,338,645,000

Stock Price: 146.46

Dividend Yield: None

P/E Ratio: 0.13

EPS: 1.74

ROE: 0.224

Volume: 283,628,000

Beta: 26.6

Short Ratio: 0

Inst. Ownership: 1.628

More about Stronghold Digital Mining Inc
Stronghold Digital Mining Inc Summary

Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on mining Bitcoin in the United States. The company is headquartered in New York, New York.

Sector: Technology

Industry: Services-Computer Processing & Data Preparation

Market Cap: 54455000

Dividend Yield: None

EPS: -0.59

P/E Ratio: 9.24

ROI: -0.445

Volume: 85222000

Stock Price: 6.83

Bullish/Bearish: 0

Support Level: 0.594

More about Cipher Mining Inc

Stock Market Analysis: Cipher Mining Inc.

Cipher Mining Inc. is a bitcoin mining company headquartered in Houston, Texas. The company's stock details are as follows:

Sector: Real Estate & Construction

Industry: Blank Checks

Market Cap: 1.853 billion

Stock Price: $119.6

Dividend Yield: None

P/E Ratio: 0.05

EPS: 0.579

ROE: 0.122

Volume: 153,084,000

50-Day Moving Average: $6.58

200-Day Moving Average: $0

RSI: 1.199

More about Core Scientific Inc. Common Stock

Core Scientific Inc. Common Stock Summary

Core Scientific, Inc. provides blockchain and artificial intelligence (AI) infrastructure services in the United States. The company is headquartered in Austin, Texas.

Sector: TECHNOLOGY

Industry: SERVICES-COMPUTER PROCESSING & DATA PREPARATION

Market Cap: 542,047,000

Dividend Yield: None

Beta (3Y Monthly): None

PE Ratio (TTM): None

EPS (TTM): 1.323

Profit Margin: -0.491

Volume: 502,400,000

Stock Price: 6.75

52 Week Range: 0.171

More about Hut 8 Corp. Common Stock

Technical Analysis: Hut 8 Corp. Common Stock

Industry: Finance

Sector: Finance Services

Market Cap: 1.8 billion

EPS: -0.78

PE Ratio: 2.499

Current Ratio: 1.564

Volume: 157,304,000

50-Day Moving Average: 18.82

200-Day Moving Average: 5.56

Relative Strength Index (RSI): 2.307

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 22 Nov 24
 22 Nov 24
 22 Nov 24