TradeXYZ has begun reimbursing traders affected by a $17.4 million loss from a flash crash involving SK Hynix perpetual contracts, caused by an oracle pricing error and market volatility. Victims with claims under $10,000 have been paid, while larger claims are under review until mid-August. This repayment aims to restore trust in TradeXYZ and the Hyperliquid ecosystem, where TradeXYZ controls over 95% of HIP-3 trading volume, raising concerns about its dominant market position and potential systemic risks. The project also launched HIP-4, expanding into prediction markets and options trading.
Mohawk Industries announced a net profit of $196 million and earnings per share (EPS) of $3.22 for Q2 2026, showing significant growth from the previous year. Revenue rose 8% to $3.0 billion, driven by volume growth, pricing strategies, and product m...
Mohawk Industries reported a net profit of $196 million and earnings per share of $3.22 for Q2 2026, surpassing expectations due to higher volumes, favorable pricing, and an improved product mix. Net sales rose 6.8% to $3 billion compared to the prev...
Mohawk Industries reported a net income of $196 million and earnings per share (EPS) of $3.22 for Q2 2026, surpassing market expectations. Sales increased 6.8% to $3 billion, driven by higher volumes, pricing, and product range expansion despite a we...
Evolution AB maintains a Strong Buy rating due to its exceptional 65.9% EBITDA margins, strong free cash flow, and a debt-free balance sheet. Although Q2 revenue and EBITDA fell slightly by 1.2%, earnings per share rose 4.7%, and the company generate...
Binance's co-founder addressed recent confusion about the deployment of the TST token, clarifying the exchange's official token listing process. The explanation focused on procedural details rather than unverified market rumors, emphasizing that the ...
