Otonomy (NASDAQ:OTIC) reported quarterly losses of $(0.18) per share. This is a 5.26 percent increase over losses of $(0.19) per share from the same period last year.
Over $190 million was drained from cross-chain cryptocurrency bridge Nomad on Monday in what is being described as one of the most perplexing hacks in DeFi history.
What Happened: On Aug. 1, market participants observed millions of dollars being drained from the Nomad contract address.