A $293 billion lawsuit in New York seeks ownership of 3.8 million dormant bitcoins, but the case faces new hurdles as the first wallet owner, John Doe 33, filed a motion to dismiss, challenging the plaintiffs' claims. Additionally, recent movements of bitcoins from wallets named in the lawsuit weaken the argument that these coins were abandoned. A key court hearing on July 14 will decide whether the case proceeds, remains paused, or is narrowed. This development adds complexity to a rare legal battle over dormant bitcoin holdings.
Chery Auto officially opened its Rosslyn Plant in South Africa, transforming from an importer to a local manufacturer and retaining all 692 employees. The plant, originally built in 1963, will be upgraded to produce 50,000 vehicles annually by mid-20...
The MARS2 Multimodal Reasoning Competition, sponsored by Tec-Do and MiniMax, has been officially launched to coincide with the ECCV 2026 conference. With a $100,000 prize pool, the competition challenges AI models to perform complex, open-world reaso...
Open USD introduces a new stablecoin model that shares reserve yield with distribution partners instead of the issuer, aiming to realign incentives for wallets, payment processors, and fintechs. This approach could disrupt USDC's long-standing domina...
PEPE memecoin surged 14.06% in 24 hours, driven by increased spot buying and trading volume, signaling renewed market interest. The token's market cap reached $1.16 billion as spot volume grew faster than futures, indicating direct buying rather than...
XRP has surged more than 8% recently, breaking out of a price range and forming a golden cross against Bitcoin on the 2-hour chart, signaling growing bullish momentum. This technical indicator, where the 50-day moving average crosses above the 200-da...
