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Altura begins winding down stablecoin yield vault after surge in withdrawal requests.

Market News
22 Jun 2026
Crypto news
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Bearish
pluang ai news

Altura is winding down its stablecoin yield vault following a surge of over 8.5 million USDT in withdrawal requests within 24 hours, driven by market concerns after Main Street's MSUSD stablecoin lost its peg. Although Altura had no direct exposure to Main Street, sustained withdrawal demand and negative market sentiment prompted an orderly closure of the vault. The company is unwinding positions across various assets and working with partners to return capital to users as quickly as possible, with no set completion date. This event highlights risks in stablecoin yield products amid growing demand for tokenized real-world assets and stablecoin yields.

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FLSmidth repurchases 62,200 shares under its DKK 1 billion buy-back program in June 2026

FLSmidth repurchases 62,200 shares under its DKK 1 billion buy-back program in June 2026

FLSmidth & Co. A/S continued its share buy-back program initiated on 18 May 2026, repurchasing 62,200 shares between 15 and 19 June 2026 at an average price around DKK 508-514 per share. The total value of these transactions was approximately DKK 31 ...

Company Fundamentals
Neutral
35 minutes ago
Carbios approves all AGM resolutions and announces joint venture for PET biorecycling plant in China

Carbios approves all AGM resolutions and announces joint venture for PET biorecycling plant in China

Carbios held its Annual General Meeting on June 18, 2026, with 27.72% shareholder participation. All resolutions were approved with over 87% support. The company announced the creation of Kaibio Biotechnology Co. Ltd, a joint venture with Wankai to b...

Company Fundamentals
Bullish
38 minutes ago
Carbios announces new joint venture to build first PET biorecycling plant in China

Carbios announces new joint venture to build first PET biorecycling plant in China

Carbios held its Annual General Meeting on June 18, 2026, where shareholders approved all resolutions with over 87% support. The company announced a joint venture with Wankai to form Kaibio Biotechnology Co. Ltd, which will build and operate the firs...

Company Fundamentals
Bullish
38 minutes ago
Global smart greenhouse market to hit $5.75B by 2035, driven by climate-resilient farming and AI tech.

Global smart greenhouse market to hit $5.75B by 2035, driven by climate-resilient farming and AI tech.

The global smart greenhouse market, valued at $2.3 billion in 2025, is projected to grow to $5.75 billion by 2035 with a CAGR of 9.72%. Growth is fueled by rising demand for climate-resilient agriculture, AI-powered crop optimization, and sustainable...

Market News
Bullish
2 hours ago
Global hyperpigmentation treatment market to reach $2.85B by 2035, growing at 6.5% CAGR driven by advanced therapies.

Global hyperpigmentation treatment market to reach $2.85B by 2035, growing at 6.5% CAGR driven by advanced therapies.

The global hyperpigmentation treatment market, valued at $1.52 billion in 2025, is projected to grow to $2.85 billion by 2035 at a CAGR of 6.5%. Growth is fueled by rising consumer awareness of skin aesthetics, increasing cases of pigmentation disord...

Market News
Bullish
3 hours ago
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