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News
Cyprus extends fuel excise cut until end of November
4+ day, 8+ hour ago (229+ words) Cyprus cabinet approved an extension of reduced fuel excise duty until November 30, keeping pump prices 8.33 cents per litre lower than before. Cyprus will keep its reduced fuel excise duty in place until 30 November after the cabinet approved a finance ministry…...
McDermott Wins Contract for Eni's Cronos Project offshore Cyprus
4+ day, 2+ hour ago (562+ words) McDermott International Ltd said Wednesday it had received a "substantial" contract from Eni SpA for Cyprus' first hydrocarbon development. "Under the contract, McDermott will provide project management, engineering, procurement and installation support for the development of the Cronos gas field…...
CRO slides as selloff follows chain rollback after Tectonic protocol exploit
4+ day, 3+ hour ago (329+ words) Traders Union CRO slides as selloff follows chain rollback after Tectonic protocol exploit Cronos (CRO) is trading at $0.057, marking a daily decline of 7.01% and moving sharply lower on the session. The asset is positioned below its key moving averages, reflecting…...
Cronos Rollback: Is Your Transaction Gone?
4+ day, 13+ hour ago (1792+ words) Cronos discarded 10,961 blocks, almost two hours of chain history, to claw back $111.2 million from the Tectonic attack. We show you exactly which time window is affected, how to check your own transaction and what a rollback cannot retrieve. On September…...
Cyprus will see further price hikes
4+ day, 15+ hour ago (192+ words) Cypriot consumers are facing steep fuel increases and the prospect of another chain reaction of higher prices for goods and services. Because Cyprus depends heavily on imported fuel, energy and many basic products, it is particularly vulnerable to crises abroad....
Crypto.com's Blockchain Rewound Two Hours to Undo a $74 Million Exploit. Could Bitcoin or Ethereum Ever Do the Same?
4+ day, 18+ hour ago (1151+ words) A Crypto.com-backed blockchain just erased nearly two hours of transaction history to recover funds from a massive exploit, raising an uncomfortable question about whether the immutability that crypto investors depend on is a technical guarantee or simply a matter…...
Egypt, Greece, Cyprus Reaffirm Support for Cypriot Gas to Europe via Egypt - News and Statistics
5+ day, 1+ hour ago (236+ words) On Tuesday, Egyptian President Abdel Fattah el-Sisi, Greek Prime Minister Kyriakos Mitsotakis, and Cypriot President Nikos Christodoulides convened in El Alamein on Egypt's Mediterranean shore. Their joint statement urged the rapid completion of infrastructure connecting Cyprus's offshore gas deposits to…...
Osmosis pauses operations after Nomic Chain nBTC exploit freezes 22.65 BTC
5+ day, 6+ hour ago (503+ words) A double-spend vulnerability on the Nomic blockchain compromised nearly 40 nBTC, representing roughly 36% of alloyed BTC's backing on the Cosmos-based DEX. Osmosis, the prominent decentralized exchange in the Cosmos ecosystem, suspended key operations for its synthetic Bitcoin asset on September 9 after…...
McDermott wins subsea contract for Cronos gas field off Cyprus
5+ day, 8+ hour ago (304+ words) McDermott has secured a subsea contract from Eni Cyprus, a subsidiary of Eni, for the Cronos gas development in Cyprus’ offshore Block 6. The contract is classified by McDermott as substantial, a category it defines as having a value between $500m and…...
McDermott Secures Subsea Contract for Cronos Gas Field in Cyprus
6+ day, 1+ hour ago (318+ words) McDermott has secured a substantial subsea contract from Eni Cyprus Limited for the Cronos gas field development offshore Cyprus, marking the company's first subsea project award with Eni. The contract, valued between USD $500 million and USD $750 million, encompasses project management,…...