In 2013, Cyprus faced a banking crisis that led to nearly two weeks of bank closures, frozen transfers, and cash rationing, severely restricting access to private savings. The bailout forced uninsured depositors to convert nearly half their deposits into shares, while the Bank of Cyprus survived but at great cost to investors. During this turmoil, Bitcoin's price skyrocketed from about $47 to $265, highlighting its appeal as a decentralized alternative to traditional banking. The crisis spurred lasting interest in Bitcoin, with institutions like the University of Nicosia adopting it for tuition payments, underscoring the broader question of who truly controls money when banks fail.
XBiotech announced positive final efficacy results from its phase II TASKIN trial for vilamakitug (XB2001) in refractory metastatic colorectal cancer. The study, funded by the French National Cancer Institute, showed a 61.3% overall survival rate at ...
XBiotech announced positive final results from the Phase II TASKIN study, showing that adding Vilamakitug (XB2001) to standard chemotherapy improved 12-month overall survival to 61.3% in patients with refractory metastatic colorectal cancer, surpassi...
Dorchester Minerals, L.P. has agreed to acquire mineral and royalty interests covering about 4,300 net royalty acres in three counties within North Dakota's Williston Basin. The deal involves a non-taxable contribution and exchange agreement with an ...
The Hershey Trust Company sold 1,512 common shares under a trading plan but kept voting control through Class B shares. Hershey will report Q3 earnings on October 29, with investors focused on how price increases affected Halloween-season demand. Q2 ...
W. R. Berkley reported mixed Q3 2026 results with earnings per share of $1.17 beating estimates, but revenue fell short at $3.74 billion versus $3.82 billion expected. The company saw premium growth with gross premiums up 3% and net premiums up 1%, s...
