Zonda exchange disclosed that a cold wallet holding around 4,500 Bitcoin (worth about $334 million) is currently inaccessible because the private keys were never transferred during a company handover. The former CEO, Sylwester Suszek, who was supposed to hand over the keys, has been missing since March 2022. This revelation comes amid a withdrawal crisis triggered by a surge in withdrawal requests and accusations of insolvency. Zonda's current CEO denies misappropriation of funds, plans legal action against false claims, and promises to meet customer obligations despite the ongoing issues. The situation has drawn regulatory scrutiny and political debate in Poland's crypto sector.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...
Revolut has received preliminary approval from Dubai's Virtual Assets Regulatory Authority to offer cryptocurrency services in the UAE, including broker-dealer, asset management, and exchange functions. This approval allows UAE customers to trade and...
Rotork PLC has accepted a £4.1 billion takeover bid from Swiss engineering group ABB, offering shareholders 506p per share, a 73% premium over the previous closing price. The acquisition will enhance ABB's industrial automation business by adding Rot...
Alexandria Real Estate Equities (ARE) is struggling with oversupply and vacancy rates exceeding 30% in key life science markets like Boston, San Francisco, and San Diego. This has caused an 80% decline in its stock price from its peak. The company's ...
