News

According to ChainCatcher, based on monitoring by TenArmor, an old contract named Royalties on the Polygon chain was allegedly attacked, resulting in a loss of approximately 261,200 USD. The transaction hash of the attack has been publicly disclosed. TenArmor stated that its monitoring system has enabled early detection and automated response to on-chain attacks.

On June 24, South Korea's Yonhap News Agency reported that Samsung Electronics will soon initiate a stock buyback plan worth nearly 90 trillion won. This decision comes after an agreement was reached between labor and management to distribute special performance bonuses in the form of stock repurchases, necessitating a significant increase in treasury stock to cover the portion exceeding current holdings. KB Securities predicts Samsung Electronics' operating profit to be 375 trillion won this year and 548 trillion won next year. Assuming that the super cycle continues, the operating profit in 2028 will be on par with next year, leading to a total operating profit of 1,471 trillion won over the next three years. Recently, Samsung Electronics decided to allocate 10.5% of its operating profit as special performance bonuses for its semiconductor division based on the labor-management agreement, which calculates the total performance bonuses over the next three years to be approximately 154 trillion won. After deducting about 40% in taxes (withholding tax), Samsung will distribute around 93 trillion won in stock. If Goldman Sachs' forecast of a total operating profit of 1,514 trillion won over the next three years is used, the scale of the stock buyback could be further expanded. According to Bitget market data, influenced by this news, Samsung's shares experienced a significant rebound in early trading today, rising by 9.35%.

On June 24, YZi Labs' management entity, YZi Labs Management, announced that it has reached an agreement with NASDAQ-listed CEA Industries (BNC) to further optimize strategies surrounding digital assets and corporate management. It is reported that BNC and YZi Labs will jointly seek an independent director with experience in digital assets, capital markets, and corporate governance to enhance the board structure. David Namdar, who previously served as CEO, will continue to fulfill his existing duties during the transition period. YZi Labs has agreed to terminate its previously initiated shareholder consent solicitation and withdraw related requests for book records review and shareholder register date requests. This agreement signifies the end of the previous potential governance dispute between the two parties, shifting towards collaborative company development through board restructuring and management optimization.