A New York legal case, Noah Doe, claims ownership of 39,069 dormant Bitcoin addresses valued at $293 billion under abandoned property laws. This challenges the core principle of Bitcoin self-custody, which relies on private keys, not inactivity, to prove ownership. The Bitcoin Policy Institute is intervening to defend holders, arguing that inactivity does not equal abandonment. A July 14 hearing will decide if this legal interpretation could set a precedent affecting the security and legal treatment of dormant Bitcoin wallets worldwide.
Valmont Industries (VMI) is rated a soft 'buy' due to strong infrastructure growth balancing out agricultural sector challenges. Its Infrastructure segment saw 14.1% revenue growth in Q1 FY2026, driven by North American utility demand and data center...
As the second-quarter earnings season begins, Wall Street analysts are unusually optimistic about corporate earnings, driven by strong energy and tech sectors. This optimism persists despite ongoing worries about the impact of the Iran war. Analysts ...
BridgeBio Pharma remains a strong buy due to regulatory approvals for its drug acoramidis and positive clinical data for infigratinib in achondroplasia. The company expects $180.6 million in U.S. net product revenue by Q1 2026 and targets a $2.9 bill...
Credit default swap (CDS) spreads are increasing for major tech companies including Oracle, Meta, Amazon, Microsoft, Alphabet, Nvidia, AMD, Intel, and Broadcom, reaching multi-month highs. This widening indicates growing caution in credit markets, co...
Thailand's central bank will require customers depositing 5 million baht or more in cash to document the source starting in Q4 2026, extending existing withdrawal checks that reduced high-value cash activity by 35%. The move aims to curb hidden capit...
