A U.S. court has legally restrained Arbitrum DAO from transferring 30,766 ETH (about $71.1 million) frozen after the Kelp DAO hack, as plaintiffs link the funds to North Korea. Victims of North Korean terrorism seek to seize these assets to satisfy over $877 million in unpaid judgments. Arbitrum had frozen the funds following law enforcement input, but a governance vote to recover the assets is now complicated by the court order. The dispute arises from a $292 million exploit involving North Korean-linked hackers, highlighting ongoing legal and security challenges in crypto asset recovery.
Confo Therapeutics announced encouraging preclinical data for CFTX-2034, a novel antibody targeting post-bariatric hypoglycemia (PBH), a condition with no approved treatments. The data showed CFTX-2034 effectively controls insulin and GLP-1 secretion...
Pardee Resources Company announced an agreement to sell about 2,465 acres of surface and mineral property in West Virginia for approximately $57 million, priced at $23,000 per acre. The sale depends on certain contingencies and normal closing conditi...
Western Digital's stock surged to a new 52-week high following a bullish upgrade by Morgan Stanley analyst Erik Woodring, who raised his price target from $488 to $650. The optimism is driven by expected 30%+ year-over-year growth in nearline enterpr...
Nuvei announced it will acquire Payoneer in an all-cash deal valued at $2.75 billion, offering Payoneer shareholders $7.40 per share. The merger aims to create a global commerce platform supporting businesses in over 190 countries, enhancing payment ...
Eli Lilly announced that its Phase 3 BRUIN CLL-322 trial showed adding Jaypirca (pirtobrutinib) to venetoclax and rituximab significantly improved progression-free survival in patients with relapsed or refractory chronic lymphocytic leukemia (CLL) or...
