The Ethereum Foundation is experiencing a significant wave of resignations, including key researchers Carl Beek and Julian Ma, continuing a trend of departures that has raised concerns about leadership and governance. These exits follow internal controversies over a 2025 mandate requiring employee loyalty commitments and a reorganization aimed at improving transparency and ecosystem support. The Foundation aims to reduce centralized control as Ethereum's ecosystem grows, but the impact of ongoing staff losses on this strategy remains uncertain.
U-BX Technology's stock fell 15.6% in after-hours trading following the announcement of a 1-for-25 reverse stock split effective Friday. The move will reduce the number of outstanding shares significantly to maintain Nasdaq listing compliance. The co...
Empire Metals Ltd has signed a definitive agreement to sell its 75% stake in the Eclipse Mining Lease near Kalgoorlie, Western Australia, for A$750,000. The sale includes a non-refundable deposit of A$50,000 already received, with the remaining A$700...
Dr Martens reported a 61% increase in adjusted pre-tax profit to £55 million for the year ending March 29, despite a 2.9% revenue decline to £764.9 million. The company improved gross margins to 66.2% by reducing discounting and focusing on higher-qu...
The surge in memory chip prices, driven by hyperscaler capital expenditure, reflects a shift from component shortages to pricing power in AI infrastructure. Now, the main bottleneck is moving from chip and memory availability to physical site enablem...
Echo Protocol, a Bitcoin-focused DeFi platform, suffered a major exploit when an attacker minted about $76.7 million in unauthorized eBTC tokens on its Monad deployment. The attacker used these fake tokens as collateral on Curvance to borrow real Bit...
