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Yuga Labs stepped in to rescue roughly $570,000 worth of NFTs after an exploit hit Floor Protocol, a fractionalization platform that allows users to break high-value NFTs into tradable token units. Points Cover In This Article: Toggle What happened with Floor Protocol Floor Protocol, which lets holders deposit NFTs in exchange for fractional tokens, suffered an exploit that put user-deposited assets at risk. The vulnerability exposed NFTs held within the protocol’s smart contracts. The incident drew immediate attention because many of the affected NFTs belonged to prominent Yuga Labs collections, which remain among the most valuable assets in the NFT…
Published Thu, Jun 11, 2026 · 09:33 AM[HONG KONG] Hedge fund managers in Hong Kong are set to benefit from a change to the city’s tax laws, which will effectively eliminate taxes on performance-related income for some funds.The Hong Kong government plans to present a bill to the city’s Legislative Council proposing tax exemptions for a wide range of alternative asset managers on so-called carried interest. That’s the share of investment profits paid to fund managers, often making up a huge chunk of their annual compensation.The tax break on eligible carried interest will apply to hedge fund employees’ performance fees,…
Arab Finance: Egypt’s Cabinet has approved amendments to the regulatory rules governing the licensing of land-use licenses for renewable energy projects, expanding the framework to include battery energy storage projects needed to support the stability of the national electricity grid, as per a statement. The amendments add battery storage projects required to enhance grid stability and accommodate the growing capacities of renewable energy generation projects to the list of activities regulated under Cabinet Resolution No. 54 of 2023. Under the revised rules, a fee will be established for the right to use land allocated to battery storage projects. The fee…
While Bitcoin price continues to consolidate, capital appears to be rotating into select altcoins, with Curve DAO (CRV) and Stargate Finance (STG) emerging as two of the strongest performers. Both tokens have witnessed a sharp surge in price and trading activity over the past 24 hours, suggesting that investors are increasingly willing to take on higher-risk DeFi bets despite the broader market’s lack of direction.However, the rallies are at different stages. CRV is attempting to confirm a bullish reversal after reclaiming a key support zone, while STG price has already delivered a massive breakout and is now approaching a critical…
Department of Community Development and Applied Economics faculty member Veronica Pham recently traveled to Hue, Vietnam, to co-curate an international exhibition hosted at University of Arts, Hue University alongside faculty art and design lecturer, Phan Hải Bằng. The recent exhibition and its artistic and scholarly activities drew attention from Vietnam Television (VTV) for Hue TV. Photo courtesy by Lê Phúc Duy. Professor Pham, a design lecturer at CDAE and interdisciplinary artist specializing in handmade paper, fiber arts, and cultural material studies, co-curated the exhibition “Spirit/Hiện Hữu: New Forms on Handmade Paper” at the University of Arts, Hue University. The exhibition,…
Hello Rainmakers,Spend five minutes speaking to the women helping shape the future of corporate finance and one thing quickly becomes apparent: they’re not succeeding by doing things the way they’ve always been done.Rainmakers subscribers get two unique pieces a week, but also full access to our back catalogue of investigations, scoops, and insights, including talking points within the, like this one, insights from The Secret Investor, interviews with entrepreneurs, and the leaders from other VC and PE investors like Endless, BGF and WestBridge.Women are succeeding by bringing different perspectives, asking different questions and spotting opportunities others might miss.For decades, corporate…
Euronext N.V. has been back in the spotlight after its recent investor-focused communications on updated mid-term financial targets and continued capital return ambitions, underlining its strategy as a pan-European market infrastructure group with trading venues that are closely watched by global and US investors, according to Euronext Investor Relations as of 05/2026.The group has reiterated its focus on cost discipline, integration of past acquisitions and a balanced approach between shareholder distributions and investment in growth, as highlighted around its latest communications with the market, according to Euronext company news as of 05/2026.As of: 10.06.2026By the editorial team – specialized in…
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8h05 ▪ 3 min read ▪ by Ariela R. Summarize this article with:ChatGPTPerplexityGrok Mastercard has just opened a new era in the crypto world. On June 10, 2026, the payments giant launched Agent Pay for Machines or AP4M. It is a protocol enabling AI agents to authorize, coordinate, and settle transactions on its global network (including stablecoins). Developed in partnership with more than 30 leaders in the crypto industry (including Coinbase and Ripple), this major deployment marks the official birth of machine-to-machine commerce. In Brief Mastercard launches Agent Pay for Machines (AP4M) on June 10, 2026. More than 30 crypto…
The rapid expansion of data center capacity is creating a power infrastructure challenge that extends beyond transmission capacity and into the electrical distribution systems that energize these campuses. The challenge is the growing gap between how quickly new facilities need power and how quickly electrical infrastructure can be planned, designed, and deployed.For those working closely with power systems, the constraint is clear: long equipment lead times, manufacturing backlogs, and increasing pressure on the infrastructure required to energize large-scale facilities safely.This is not a cause for alarm, but it is a reason to change how projects are planned.Power planning has to…