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Altura shuts down Infinity Vault after $8.5M investor withdrawals amid crypto market pressures

Market News
22 Jun 2026
TheNewsCrypto
View Source
Bearish
pluang ai news

Altura's Infinity Vault closed after investors withdrew about $8.5 million in a single day, leaving $3.9 million in assets. The shutdown reflects broader crypto market challenges, including declining participation and market volatility affecting yield products. Altura will refund remaining funds and continue developing its Web3 gaming ecosystem, focusing on liquidity and sustainability amid changing investor demands.

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Skyborne Technology completes key step for drone airship testing and FAA certification process

Skyborne Technology completes key step for drone airship testing and FAA certification process

Skyborne Technology, a subsidiary of UAV Corp, has moved critical components of its DART Drone Airship to its Port St. Joe airport for weight balance analysis and flight testing, a crucial step toward FAA Experimental Certification. The testing will ...

Company Fundamentals
Bullish
51 minutes ago
Veea boosts leadership team to speed up growth and market expansion of its AI-native edge platform.

Veea boosts leadership team to speed up growth and market expansion of its AI-native edge platform.

Veea Inc. has promoted Greg Deisher to COO, elevated Mark Tubinis to Executive VP, and appointed Thomas Latiolais as CMO to strengthen its leadership amid rapid growth. These moves aim to accelerate commercial growth and expand Veea's AI-powered edge...

Market News
Bullish
51 minutes ago
Westport raises $10M via direct offering and private placement priced at market under Nasdaq rules.

Westport raises $10M via direct offering and private placement priced at market under Nasdaq rules.

Westport Fuel Systems announced a $10 million registered direct offering and a concurrent private placement of common shares and warrants priced at-the-market under Nasdaq rules. The offering includes 4,854,369 common shares or pre-funded warrants an...

Company Fundamentals
Neutral
51 minutes ago
ASML repurchases shares worth over €15.8M daily under its current buyback program

ASML repurchases shares worth over €15.8M daily under its current buyback program

ASML Holding N.V. has been actively buying back its shares as part of its current share buyback program announced in January 2026. From June 15 to June 19, 2026, ASML repurchased around 9,500 to 9,800 shares daily, spending approximately €15.87 milli...

Company Fundamentals
Bullish
51 minutes ago
GXO opens new sustainable distribution center in Ferentino to support Action's growth in Italy

GXO opens new sustainable distribution center in Ferentino to support Action's growth in Italy

GXO Logistics has launched a new distribution center in Ferentino, Italy, to support Action's expansion in Central and Southern Italy. The facility, GXO's second for Action in Italy, will grow its workforce from over 200 to 300 employees and features...

Market News
Bullish
1 hour ago
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