De-fi platform Drift suspends deposits and withdrawals after millions in crypto stolen in hack

decentralized finance company intention says it has suspended withdrawals and deposits after confirming the security incident. crypto platform said in a post on x that it was “experiencing an active attack” and that it was working to “contain the incident”. Security researchers and public blockchain data suggest the losses could be significant. blockchain security firm…

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‘System failure’ paralyzes Baidu robotaxis in China

Robotaxis operated by Baidu’s Apollo Go became stranded throughout Wuhan, China, in some cases stranding passengers for up to two hours, according to multiple media reports as well as multiple videos and social media posts. Baidu has not shared what caused the widespread outage. However, local police said it was a “system failure” that affected…

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Startup funding shatters all records in Q1

Global investment in startups to reach $297 billion in first quarter of 2026, breaking all records, according to new crunchbase data. This is a massive 2.5x increase from the $118 billion raised in the previous quarter. This single-quarter increase outpaces every full year of global VC activity prior to 2019. The unprecedented growth was fueled…

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