Wall Street Journal::
After the hacking of ~ $ 1.5 billion, the parbit borrowed approximately $ 280 million in peer ether from the cryptographic industry to help process 350,000 customer removal requests over 10 hours– Parbit survived, thanks to the emergency loans of its peers, but questions on the security of the cryptographic industry persist
Trending
- Sources: Bending Spoons, owner of Vimeo, is seeking to raise about $1.62 billion in a U.S. IPO, selling 58 million shares at $26 to $28 apiece, for a valuation of $19 billion at the high end of the range (Echo Wang/Reuters)
- Investor support for Target Chairman Brian Cornell hits record high
- Marketing technology startup AppsFlyer raised a $1 billion Series E at a post-money valuation of $2.7 billion; Moloco, Google, Meta and Unity acquire minority stakes (Kerry Flynn/Axios)
- Lucid to lay off approximately 18% of its U.S. workforce
- The Tashiev trial is closed again – The Diplomat
- UPS to invest $48 million in refrigeration facilities amid GLP-1 boom
- UK-based AI law firm Garfield, which received regulatory approval in 2025, wins a case in the English courts for the first time; case focused on unpaid fees (Suzi Ring/Financial Times)
- Bain says it uses AI coding tools to recreate elements of target companies’ software, creating hundreds of rough prototypes in recent years as due diligence (Ryan McMorrow/Financial Times)

