Billionaire Chamath Palihapitiya warns bitcoin bulls face challenges as speculative money moves to prediction and equity markets, while mining energy shifts towards AI computing. Bitcoin's hashrate dropped 7.9% recently, prompting a difficulty cut as miners pursue AI deals. Prediction markets price only a 10% chance of bitcoin hitting $100,000 by end of 2026. Coinbase CEO counters that mining energy shifts don't directly affect bitcoin's price, highlighting automatic network adjustments. The situation's future depends on whether these trends are temporary or structural.
USA Rare Earth announced that CEO Barbara Humpton will retire on October 1, 2026, with Thras Moraitis, current CEO of Serra Verde Group, succeeding her. Moraitis will become CEO following the completion of the merger between USA Rare Earth and Serra ...
Can-Fite BioPharma announced that positive Phase 2a study results of Namodenoson, a drug for advanced pancreatic ductal adenocarcinoma, have been accepted for presentation at the ESMO Congress 2026. The study showed durable disease stabilization and ...
Alternative Ballistics Corporation has partnered with Indonesian company PT Panglima Pandawa Sakti to introduce The Home Defense™, a less-lethal self-defense system, to qualified customers in Indonesia. This marks the company's first international di...
OKYO Pharma filed its annual report for fiscal year ending March 31, 2026, highlighting a strengthened cash position of $20.6 million after raising about $25 million in the year. This financial boost supports the upcoming global Phase 3 NEPTUNE trial...
Harrow, Inc. announced three new studies at the ASRS 2026 meeting supporting its retina products IHEEZO, a low-viscosity ocular anesthetic gel, and BYOOVIZ, an FDA-approved biosimilar to LUCENTIS. Early trial data suggest IHEEZO improves patient comf...
