MK Plus, a Japanese battery company with a 5% stake held by Phenom Resources, received nearly $12 million from the Swedish Energy Agency to advance industrial-scale production of its Vanadium Solid-State Battery technology. The funding supports the development and scaling of their battery manufacturing facility in Sweden, which is being retooled to begin commercial battery deliveries this fall to customers in Europe and the Middle East. MK Plus is expanding its commercial reach under the Vanadis Energy brand, aiming to meet growing demand for safe, long-life energy storage solutions globally. Phenom will continue updating shareholders as MK Plus progresses in production and international expansion.
Over the past seven days, centralized cryptocurrency exchanges experienced a combined net outflow of 14,978.95 Bitcoin (BTC). Binance led this trend with a significant outflow of 16,455.52 BTC, followed by Coinbase Pro with 4,034.39 BTC leaving the p...
Solana's network economics have improved, with token holder net income exceeding $400,000 for two consecutive weeks as SOL traded near $109 on October 11. This marks a recovery after three weeks of negative results, indicating that network activity g...
Strive raised about $55 million this week through its SATA preferred shares program, enough to buy nearly 638 bitcoins. However, the company's ability to continue this funding method depends on its stock price staying above the $100 nominal value. Si...
Two wallets reportedly exploited price swings on Hyperliquid by placing around $20 million in orders, shifting Ether prices slightly. They simultaneously opened large long positions on Papertrade, which uses Hyperliquid prices for settlement. This st...
Bitcoin balances on major exchanges remained stable over one day, with no net inflow recorded. However, weekly and monthly data show significant net outflows, indicating ongoing withdrawals from exchanges. Trading volume was highest during Asian hour...
