Altura has begun shutting down its USDT stablecoin vault following a sudden withdrawal of over $8.5 million in 24 hours, representing 22% of its total locked value. This mass withdrawal was triggered by panic after Main Street's msUSD stablecoin lost over 70% of its peg due to the termination of verification services by Accountable, a third-party verifier. Altura clarified it has no financial ties to msUSD and blamed false rumors for the panic. The shutdown aims to protect depositor assets and ensure orderly redemptions, while other Altura products remain unaffected.
Ademi LLP is investigating Strategic Education for potential securities fraud related to inaccurate statements about its financials and business operations, particularly in Australia. This probe follows a more than 20% decline in the company's stock ...
Corporate Insight released research identifying top financial firms leading in customer-facing AI tools, including virtual assistants and AI-powered fintech platforms. Fidelity and Voya lead in retirement plan virtual assistants, while Lively excels ...
Strawberry Fields REIT announced a cash dividend of $0.17 per common share for the fourth quarter of 2026. The dividend will be paid on December 30, 2026, to shareholders recorded by December 16, 2026. The company specializes in owning and leasing he...
BitMart founder Sheldon Xia revealed that threats against employees and alleged retaliation by former staff have made it difficult to retain technical workers, leaving the security team severely understaffed. Despite this, the team continues efforts ...
Zcash (ZEC) experienced a 2.29% price decline within one hour on Binance, falling from $1,279 to $1,250. Over the full 24-hour period, the loss reached 4.25%. During the one-hour drop, liquidations totaled $470,000 across Binance, Bybit, and OKX, spl...
