EnQuest PLC reported a 118% increase in adjusted free cash flow to $71.3 million in the first half of 2026, driven by higher oil prices and increased production, despite a six-week outage at its Magnus field. Production rose 9% year-on-year to 41,544 barrels of oil equivalent per day, supported by new output from Vietnam and Malaysia. The company narrowed its 2026 production guidance to 41,000–43,000 Boepd and maintained its $670 million asset expenditure forecast. EnQuest is also progressing with an $833 million acquisition in Malaysia, which would boost production to around 100,000 Boepd based on 2025 figures.
Bitmart users with frozen assets have formed a committee led by Echo Base to seek recovery options after Bitmart ignored a $10 million bankruptcy restructuring offer. The committee has hired legal counsel to explore claims and recovery, as Bitmart ha...
SoFi Technologies is rated a Strong Buy due to strong member growth, effective cross-selling, and leading revenue expansion in its sector. The company has achieved a record 1.54 products per member, boosting average revenue per user and operating lev...
The Bank for International Settlements (BIS) published a working paper on September 2, 2026, detailing a blockchain system built on the XRP Ledger to protect official economic data from alteration. The system creates cryptographic fingerprints of dat...
Strategy sold 6,916 bitcoins at an average price of $62,200 between late June and mid-August to finance dividends and strengthen its financial position. A few weeks later, it repurchased 4,603 bitcoins at a higher average price of $80,318, reflecting...
Standard Chartered has introduced institutional Bitcoin and Ether spot trading in the UAE through its Dubai International Financial Centre (DIFC) branch. This service allows eligible clients to trade deliverable BTC and ETH using the bank’s existing ...
