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Bitcoin mining giant Poolin files for bankruptcy, owing $173M amid liquidity crisis.

Market News
24 Jul 2026
Coindesk
View Source
Bearish
Bitcoin mining giant Poolin files for bankruptcy, owing $173M amid liquidity crisis.

Poolin, once the world's largest bitcoin mining pool with up to 20% of global hashrate in 2019, has filed for Chapter 11 bankruptcy protection in New Jersey, citing debts of around $173 million. The Singapore-based company faced a liquidity crisis in 2022, freezing $163.7 million of customer funds and halting withdrawals. A $52 million bid for its West Texas mining sites is the main asset recovery option for creditors. Poolin's hashrate share has dropped to nearly zero, marking a steep fall from its peak dominance in bitcoin mining.

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Grail's stock jumps 55% after positive FDA advisory vote on Galleri cancer test.

Grail's stock jumps 55% after positive FDA advisory vote on Galleri cancer test.

Grail's stock surged 55% in one week following a positive FDA advisory committee vote on its Galleri multi-cancer early detection test, which was deemed safe and beneficial. Analyst Kyle Mikson raised the price target from $80 to $150, reflecting str...

Analyst Insights
Bullish
3 hours ago
Tiziana begins dosing ALS patients in Phase 2a trial of nasal antibody foralumab

Tiziana begins dosing ALS patients in Phase 2a trial of nasal antibody foralumab

Tiziana Life Sciences has dosed the first three patients in a Phase 2a trial testing foralumab, a nasal spray antibody, for treating early-stage ALS. The Healey ALS MyMatch BANYAN trial will enroll 44 patients to evaluate safety, tolerability, and im...

Market News
Bullish
4 hours ago
1911 Gold reports zero environmental incidents in 2025 at True North project, advancing mine restart plans.

1911 Gold reports zero environmental incidents in 2025 at True North project, advancing mine restart plans.

1911 Gold Corp released its first sustainability report for the True North Gold Project, showing zero environmental incidents and regulatory fines in 2025. The report highlights the company's commitment to safe, responsible operations and strong comm...

Market News
Bullish
4 hours ago
Flow tests at Namibia well show liquids-capable gas, advancing Kavango project towards investment decision

Flow tests at Namibia well show liquids-capable gas, advancing Kavango project towards investment decision

Reconnaissance Energy Africa's flow test samples from the Kavango West 1X Sidetrack well in Namibia indicate a thermogenic gas system with liquid potential, showing maturities from late oil to early gas. The company plans a horizontal test to confirm...

Market News
Bullish
4 hours ago
Qualcomm renews Apple patent deal, shares could rise 16% with new growth in data centers and automotive sectors.

Qualcomm renews Apple patent deal, shares could rise 16% with new growth in data centers and automotive sectors.

Qualcomm has renewed its Global Patent License Agreement with Apple, removing a major uncertainty for investors. The stock trades near $194 with a 24/7 Wall St. price target of $228.68, implying a 16.27% upside. Qualcomm's growth is driven by expandi...

Market News
Bullish
4 hours ago
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