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BitMart founder denies withdrawal issues and unpaid salaries claims amid user complaints.

Market News
17 Aug 2026
Coindesk
View Source
Bearish
pluang ai news

BitMart founder Sheldon Lee dismissed claims that users cannot withdraw funds and employees have unpaid salaries as fabricated rumors, stating the exchange's Chinese-language account was hacked. Despite this, many users report blocked withdrawals as BitMart prepares to cease operations on August 26. Distressed investment firm Echo Base offered a restructuring plan, but BitMart has not responded, raising concerns that resolution may require court intervention. Users and critics demand transparency through audits or restored withdrawals before the final trading day.

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BitFuFu Q2 2026 earnings miss as Bitcoin mining revenue drops 63% amid market challenges

BitFuFu Q2 2026 earnings miss as Bitcoin mining revenue drops 63% amid market challenges

BitFuFu Inc. reported a Q2 2026 earnings per share of -$0.02, missing estimates and showing a 100% earnings surprise. Revenue fell 62.9% year-over-year to $42.8 million, driven by a 27.5% drop in Bitcoin price and lower demand for cloud mining, resul...

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1 hour ago
Sensus Healthcare faces Q2 revenue drop but sees 89% upside with new $5.50 price target.

Sensus Healthcare faces Q2 revenue drop but sees 89% upside with new $5.50 price target.

Sensus Healthcare reported a sharp decline in Q2 revenue to $2.3 million, down from $7.3 million last year, due to delayed financing for its SRT-100 medical devices. The company has severed ties with the problematic bank causing the delays and expect...

Company Fundamentals
Bullish
2 hours ago
DUOT shifts to AI data centers with $500M deal, posts stable Q2 earnings meeting expectations

DUOT shifts to AI data centers with $500M deal, posts stable Q2 earnings meeting expectations

Duos Technologies Group (DUOT) has sold its rail technology subsidiary to focus on the AI data center market, securing over $500 million in five-year hosting service contracts with Axe Compute Inc. The company reported Q2 earnings per share of $0.66 ...

Company Fundamentals
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Shopify Q2 earnings beat estimates, AI-driven sales triple, price target raised to $175.

Shopify Q2 earnings beat estimates, AI-driven sales triple, price target raised to $175.

Shopify reported strong Q2 2026 earnings, surpassing analyst expectations thanks to significant growth in AI-driven commerce. AI-driven traffic and orders to Shopify stores tripled year-over-year, boosting confidence in the company's AI innovation. S...

Company Fundamentals
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3 hours ago
Freightos beats Q2 earnings estimates with record $7.7M revenue and narrows EBITDA loss.

Freightos beats Q2 earnings estimates with record $7.7M revenue and narrows EBITDA loss.

Freightos Limited reported Q2 results surpassing expectations with an EPS of -$0.03 versus -$0.05 expected and record revenue of $7.7 million, driven by a 19% increase in core platform revenue. The company narrowed its adjusted EBITDA loss to $2 mill...

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