Bithumb secured a first-instance court ruling ordering repayment of about 194 million won from a user who sold Bitcoin mistakenly credited during a February promotional event. The error involved crediting 620,000 BTC internally instead of 620,000 won, causing significant ledger confusion and a brief market impact. South Korean regulators have since mandated stricter controls and frequent ledger reconciliations for exchanges. The ruling is the first of four civil cases, with further appeals and decisions pending, while regulatory reviews continue.
Annaly Capital Management is rated Buy at $22.94 per share, with a fair value estimate of $25.55, implying an 11.4% price upside. The company's diversified portfolio across Agency MBS, Residential Credit, and MSR supports a strong blended target retu...
Evernorth, the largest XRP digital asset treasury, is moving closer to becoming a publicly traded company via a merger with Armada Acquisition Corp. II, a SPAC. The U.S. SEC has approved their Form S-4 registration, allowing them to proceed with shar...
Ripple has recommended withdrawing the pending XChainBridge (XLS-38) amendment for the XRP Ledger after deciding that its primary use case—connecting the XRPL mainnet with an EVM-compatible sidechain—is already fulfilled by Axelar. The amendment woul...
Clearfield cut its FY2026 guidance because of delays in broadband projects linked to slow government BEAD program rollout and fiber supply constraints. However, the company secured a $22 million order for hyperscale data centers, validating its growt...
Charles Schwab is expanding its Schwab Crypto platform by adding Solana, Avalanche, and Chainlink to its existing Bitcoin and Ethereum offerings. This move aims to provide investors with more options to build diverse digital asset portfolios while le...
