Sampo reported a 9% increase in its currency-adjusted insurance profit to €368 million in Q1 2026, driven by stable growth in Nordic private and SME sectors despite challenges in the UK and industrial segments. The company maintained a strong solvency ratio of 174% and announced a €350 million share buyback program funded by 2025 operating results and asset sales. Due to favorable weather and lower large claims, Sampo raised its 2026 insurance profit forecast to €1.525–1.625 billion, reflecting 3–9% growth. The firm remains cautious amid geopolitical uncertainty and volatile markets but highlights its resilient business model and disciplined underwriting approach.
US-listed XRP ETFs attracted $28.14 million on August 26, marking the second-largest daily inflow in 2026, led by Bitwise with $13.12 million. Whale wallets accumulated about 460 million XRP tokens, the strongest since February, signaling strong inst...
At Bitcoin Asia 2026 in Hong Kong, former Binance CEO Changpeng Zhao predicted Bitcoin will overtake gold's significance during the next bull market cycle. While gold's market cap is about $32.4 trillion, Bitcoin currently holds $1.6 trillion, with Z...
In 2026, the United States saw its share of Bitcoin's total mining hashrate decline by about 0.823%, losing roughly 55 exahash per second (EH/s), though it remains the largest miner globally. Meanwhile, China and Russia increased their share of the g...
Meta has agreed to an $18 billion legal settlement, which translates to about $1 billion per year—an amount negligible compared to its substantial revenue and earnings. The settlement resolves regulatory uncertainties, allowing Meta to focus on its c...
Genius Group, after selling its entire Bitcoin reserve to repay $8.5 million in debt, plans to rebuild its Bitcoin and AI treasuries to a combined $1.6 billion by fiscal year 2031. The company aims to grow total assets to $2 billion and will fund tre...
