Rodney Burton, known as Bitcoin Rodney, admitted guilt in federal court for running an illegal money transmission business tied to the $1.8 billion HyperFund crypto fraud. The scheme promised daily profits of 0.5% to 1% through fake cryptocurrency mining and shut down in November 2022 after blocking withdrawals. Burton earned over $7.8 million and used celebrity endorsements to attract investors. He faces up to five years in prison with sentencing set for July 23, highlighting ongoing regulatory risks in crypto marketing.
Rhelion Life Sciences, through its subsidiary Filament Health, received a new Canadian patent for its natural psilocybin drug candidate PEX010. This patent enhances the company's extensive global intellectual property portfolio, which covers extracti...
Dynex Capital, a U.S.-based mortgage REIT, focuses on Agency RMBS with high leverage and short-term repo funding, exposing it to interest rate and funding risks but minimizing credit risk through agency guarantees. Its Series C preferred shares yield...
Bitcoin ETF investors in the U.S. have become profitable again, gaining about $3 billion in unrealized profits after BTC surged nearly 7% to $87,000. This marks the first time since January that these investors flipped positive, recovering from a pea...
Aurora Innovation is expanding its fleet of autonomous semitrucks in Texas, currently operating 20 driverless trucks with plans to increase to 200 by year-end. The company claims its autonomous trucks operate more efficiently and at lower costs than ...
Sanu Gold Corp. announced positive metallurgical test results from its Daina and Diguifara gold exploration properties in Guinea, showing average gold recoveries of 94% at Daina and 91% at Diguifara. The tests indicate a high proportion of cyanide-so...
