A federal judge ruled that the FDIC cannot be held liable for $1.71 billion claimed by SVB's former parent company after the bank's collapse. The court found SVB Financial Trust responsible for negligent risk-taking by former executives who invested heavily in long-term securities, leading to massive losses amid rising interest rates. This ruling follows the bank's failure, which disrupted many tech startups and was one of the largest U.S. bank collapses. The FDIC is also pursuing legal action against former executives for alleged gross negligence.
BDACS has integrated LayerZero's Omnichain Fungible Token (OFT) standard to enable seamless cross-chain transfers of its KRW1 stablecoin, backed 1:1 by Korean won held at Woori Bank. This upgrade unifies KRW1's supply across multiple blockchains, inc...
Bitcoin's 50-day moving average has crossed above its 200-day average, forming a bullish golden cross for the first time since November 2025. This technical signal coincides with $3.8 billion in US spot Bitcoin ETF inflows over three weeks, the stron...
Internet Computer (ICP) surged 14% driven by increased stablecoin liquidity and higher blockchain fees, signaling stronger on-chain activity. However, off-chain indicators like a negative Open Interest-Weighted Funding Rate and a low Taker Buy/Sell R...
Mercury Systems is set to improve profitability driven by increased defense customer orders for its standardized computing products. Key factors supporting this outlook include a visible backlog, operational improvements such as the SolderMask acquis...
Autoliv has developed the Human Body Model (HBM) Safety Suite, a virtual testing platform that simulates detailed human anatomy responses in car crashes. This technology complements physical crash tests by providing deeper insights into injury mechan...
