Circle has introduced cirBTC, a new wrapped Bitcoin asset on Ethereum, backed 1:1 by segregated Bitcoin custody and verified via Chainlink Proof of Reserve for transparency. Issued through Circle's Bermuda-regulated entity, cirBTC aims to appeal to institutional investors seeking clear custody and compliance standards. The asset enters a competitive market dominated by WBTC and Coinbase's cbBTC, with its success hinging on gaining liquidity and integration into major DeFi platforms. Circle leverages its existing stablecoin infrastructure to build trust and adoption for cirBTC in decentralized finance.
Fathom Holdings announced a $53.38 million equity merger with Bed Bath & Beyond, where shareholders will receive 0.2236 shares of Bed Bath & Beyond per Fathom share. The merger aims to integrate Fathom's real estate and mortgage services with Bed Bat...
U.S. stock markets rose Wednesday with small caps leading, hitting record highs as investors awaited Federal Reserve Chair Kevin Warsh's first interest rate decision. The Fed is expected to keep rates steady at 3.50%-3.75%, focusing attention on futu...
CGI and Entersekt have partnered to strengthen 3-D Secure (3DS) authentication services for issuing banks in the Nordic region. The collaboration combines CGI's digital banking expertise with Entersekt's cloud-based 3DS Access Control Server, enablin...
Levi & Korsinsky, LLP has filed a class action lawsuit against Embecta Corp. for allegedly providing false and misleading positive statements about its financial health, particularly regarding its pen needle business. The company missed its Q2 2026 r...
Aehr Test Systems saw its stock rise about 11% after receiving a follow-on production order for its FOX-XP wafer-level burn-in system from a major silicon photonics customer. This customer, a global supplier of networking products, is expanding produ...
