Irish authorities, with Europol's help, recovered a total of 1,000 Bitcoin valued at $73 million from drug dealer Clifton Collins' wallets that had been inactive for over ten years. Collins, convicted for cannabis crimes, had lost access to these wallets, which were once thought lost forever. The recovery highlights advanced decryption techniques and strong law enforcement collaboration, potentially paving the way for more seized crypto assets to be recovered. Around 5,000 BTC linked to Collins remain unaccounted for, possibly worth over $350 million at current prices.
XRP has experienced renewed volatility this week, trading between $1.35 and $1.55, driven by speculation around ETF activity and institutional interest, including mentions of Goldman Sachs. Regulatory progress with the U.S. CLARITY Act has added opti...
Private equity firms Bain Capital, Warburg Pincus, and Blackstone are considering bids to take Nikkon Holdings private in a deal potentially worth up to $7 billion. Nikkon Holdings, a Tokyo Stock Exchange-listed logistics company with a market cap ar...
Metallium Limited presented its patented Flash Joule Heating (FJH) technology at the Canaccord Genuity Global Metals and Mining Conference, highlighting its potential to revolutionize metals processing and reduce U.S. dependence on China. The technol...
Kontoor Brands announced the sale of its Lee business to Authentic Brands Group for up to $1 billion, including $750 million upfront and a potential $250 million earnout. This move aims to sharpen focus on higher-growth brands like Wrangler and Helly...
Tesla has officially ended production of its Model S and Model X electric vehicles after nearly 18 years. The Model S, launched in 2012, was a groundbreaking EV with a 400-mile range and helped establish Tesla as a leader in electric cars. Since the ...
