BitMart is under scrutiny after failing to publish a proof-of-reserves report and facing withdrawal complaints from crypto projects OpenGradient and Scandic Coin. The exchange denies misusing customer funds but has not disclosed verified reserves or liabilities, raising concerns about asset segregation and solvency. Trading will cease on August 26 as BitMart winds down, with calls from industry experts for independent custody verification to protect customer assets. The situation highlights ongoing challenges in transparency and trust within crypto exchanges during operational stress.
Yvonne Wassenaar, a director at Rubrik, sold 721 shares at a price of $75 each just before the company's stock experienced a significant rally. This sale occurred ahead of the stock's upward movement, which may be of interest to investors tracking in...
Uniswap (UNI) price has fallen nearly 20% over the past week, reaching around $3.23 on August 14. The decline follows a bearish head-and-shoulders pattern breakdown and weak capital flows, with key support levels at the 38.2% Fibonacci retracement ne...
Tesla and Alphabet reported Q2 2026 results showing contrasting AI strategies. Tesla's revenue rose 25.5% with record vehicle deliveries, but operating margin fell to 1.4% due to heavy spending on AI and robotics, leading to a negative free cash flow...
Binance announced it will stop processing transactions involving HTX and 10 other crypto platforms starting August 23 due to new sanctions and regulatory restrictions, particularly from the EU and UK targeting entities linked to Russia. These platfor...
Anthropic, an AI company, is targeting an October IPO with a valuation of $2 trillion or more, which would surpass SpaceX's recent $1.77 trillion debut. Investors expect the company's revenue to jump from $47 billion to over $100 billion within a yea...
