Bitcoin Standard Treasury Company has called off its planned SPAC merger with Cantor Equity Partners I, citing changing market conditions as the main reason. The original deal, announced in July 2025, would have created a major bitcoin treasury vehicle with over 30,000 BTC valued at $3 billion. The shareholder vote for Cantor Equity Partners I was postponed indefinitely, and private placements tied to the deal were halted. Both parties remain in talks to negotiate a new structure and terms, but currently, no deal is on the table, leaving investors cautious as shares trade near trust value.
The FDA has approved Roche's Enspryng (satralizumab) as the first and only at-home subcutaneous treatment for adults with thyroid eye disease (TED). This approval follows positive results from Phase III SatraGO-2 trials showing significant reductions...
U.S. spot Ethereum ETFs experienced $60.22 million in net outflows on October 15, continuing a two-day streak of withdrawals. BlackRock's ETHA and Grayscale's ETHE led the outflows with $44.39 million and $18.28 million respectively, while Fidelity's...
Tesla has rapidly expanded its Cybercab robotaxi fleet in Austin, increasing the number of vehicles more than eight times within a month to over 300. This significant growth suggests Elon Musk's vision for autonomous robotaxis is gaining traction. Th...
Lavazza, operated by Yum China, has opened its fifth store in Hong Kong less than a year after its first, with plans to expand to around 10 stores soon. The brand is introducing its signature Buffalo Milk Latte, a popular drink in Mainland China made...
Emergent Metals Corp. has filed amended and restated financial statements for Q2 2026 to correct accounting and disclosure issues, affecting share capital and comprehensive loss figures but not net loss or assets. The company also provided an update ...
