Author: admin

Spectrum, which is owned by Charter Communications, has decided to make another significant workforce change as it continues to battle mounting customer losses in its cable TV and internet business. Charter revealed in its latest earnings report that Spectrum lost 120,000 internet customers and 60,000 cable TV customers in the first quarter of this year. Amid these losses, the company’s revenue dipped by 1% year over year. The decline in customers comes after Spectrum increased the monthly prices of its TV Select packages by $5 and several older internet plans by $2 in July last year. On social media platform…

Read More

Bonzo Lend, a decentralized lending protocol on the Hedera network, suffered an estimated $9.05 million loss after an attacker exploited a verification flaw in a third-party Supra oracle contract, allowing them to borrow assets far exceeding the value of their collateral.The attacker deposited 250 SAUCE tokens with little value, before submitting a manipulated price update that inflated the token’s HBAR-denominated value, according to a preliminary incident report from Bonzo.The protocol said the account subsequently borrowed 6.63 million USDC and 34.52 million wrapped HBAR. At the report’s reference HBAR price of $0.06998, the two withdrawals were worth approximately $9.05 million.A second…

Read More

A lender dispute over millions of dollars has led a Hardee’s restaurant franchisee to file for bankruptcy to invoke an automatic stay of all legal actions against the debtor. Hardee’s restaurant franchisee Superior Star LLC filed for Chapter 11 bankruptcy protection, facing an alleged seller financing dispute, according to court papers. Hardee’s franchisee Superior Star LLC files for Chapter 11 bankruptcy facing a lender dispute.Shutterstock Hardee’s franchisee files for bankruptcy The Phoenix-based franchisee filed its petition in the U.S. Bankruptcy Court for the Western District of Kentucky on July 9, listing $10 million to $50 million in assets and liabilities,…

Read More

In a wide-ranging conversation on CoinDesk Spotlight, Schultz laid out a view of Meta’s future in which agentic commerce is not a product category but an inevitability.”We think it might be the next tier of business for our entire company,” he told host, Sam Ewen.The Agentic Economy Is Already Here, But It’s Unevenly DistributedSchultz framed the agentic economy the same way science fiction author William Gibson framed the future: already present, not yet mainstream.”We are building business agents for all businesses,” he said. “We have over a million weekly active businesses with Meta agents[…] from basically nothing at the start…

Read More

ROAD TOWN, British Virgin Islands, July 11, 2026 /PRNewswire/ — AFX, a high-performance sovereign L1 purpose-built for decentralized derivatives, today announced a landmark operational milestone: surpassing $1.1 billion in cumulative trading volume during its initial period of operation. This rapid ascent is supported by over 8.6 million total trades, positioning AFX as one of the fastest-growing decentralized derivatives platforms in the 2026 Web3 landscape. The most distinctive feature of AFX’s growth is its superior capital efficiency. While many decentralized protocols rely on massive Total Value Locked (TVL) to attract volume, AFX has achieved its $1.1 billion milestone with a lean TVL…

Read More

New York, USA, July 10th, 2026, Chainwire TrueDAO announced today the completion of a $10 million strategic funding round. The round was led by Brevan Howard Digital, with participation from Zee Prime Capital and Jump Capital. The proceeds will primarily fund core AI protocol development, AI-driven risk control, security audits, global compliance efforts, and the expansion of ecosystem partnerships. The journey to this milestone began a year ago when the TrueDAO team set out to build a decentralized financial infrastructure driven by smart contracts, on-chain reserves, dynamic adjustment mechanisms, and community governance. The initiative aimed to address challenges in the…

Read More