California regulators have permanently shut down 42 Hermes Bitcoin ATMs across Southern California due to over 14,120 violations including missing receipts, excessive fees, and anti-money laundering failures. The operator, Anh Management LLC, failed to comply with the state's Digital Financial Assets Law by charging fees above legal limits, not providing proper disclosures, and breaching transaction limits. This enforcement highlights California's strict oversight of crypto kiosks and serves as a warning to other operators about the consequences of non-compliance. The ban takes effect immediately, but the impact on the broader crypto market is minimal as these kiosks represent a small portion of the national footprint.
The World Health Organization's Africa regional director has warned that the Ebola outbreak in the Democratic Republic of Congo poses a serious risk of spreading to neighboring countries, with confirmed cases already reported in Uganda. The outbreak ...
CEA Industries Inc. has filed a complaint against its asset manager, 10X Capital LLC, in the U.S. District Court for Delaware. The company claims the Asset Management Agreement is one-sided and unconscionable, seeking a court declaration to void the ...
Roota, a plant-based topical hair and scalp care brand, offers a roll-on serum and activator spray formulated with rosemary oil, biotin, caffeine, peptides, Redensyl, and AnaGain. The products are designed for targeted application to support the appe...
This week saw three IPOs and seven SPACs priced, with eight IPO filings submitted including notable company SpaceX. Lincoln Financial priced at the top of its range, raising $421 million. No major IPOs are scheduled for the upcoming short Memorial Da...
Lyell Immunopharma, led by CEO Lynn Seely, is developing next-generation cell therapies targeting large B-cell lymphoma and metastatic colorectal cancer. The company aims to improve on existing CAR therapies in a $3 billion market for lymphoma and ha...
