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.
Royal Caribbean Cruises Ltd. is expanding into the all-inclusive resort sector by acquiring a 50% stake in Sandals and Beaches Resorts for $3 billion. This strategic move aims to broaden Royal Caribbean's presence in the $2 trillion global vacation m...
CarMax is set to report its Q3 2026 earnings with analysts predicting an EPS of about $0.73 and revenue near $7.09 billion, indicating growth from last year despite a weak auto market. The company has recently cut 145 corporate jobs as part of ongoin...
Micron Technology is poised for significant growth driven by strong AI demand for its memory products like DRAM, NAND, and HBM4. Analysts have set a price target of $1,520, suggesting a 40% upside from its current price of $1,082. Earnings are expect...
Capital One Financial Corporation sees a positive analyst outlook with Piper Sandler raising its price target to $260 and maintaining an Overweight rating. CEO Richard Fairbank highlights strong consumer credit performance and spending despite econom...
Zano has rolled back its blockchain network to block 3,833,000 following a security breach where a vulnerability in Gateway Addresses enabled unauthorized minting of ZANO and Freedom Dollar tokens. This rollback aims to remove the illegitimate tokens...
