Sintana Energy has signed definitive agreements to acquire an indirect 5% interest in Angola's Block KON-16 by paying $2.5 million, including $500,000 already paid. The deal includes a 2.5% net profit interest in Corcel's proceeds from the block until $50 million is paid, then reducing to 1.5%. This acquisition is part of plans to drill a pre-salt exploration well in 2027, pending approvals, financing, and partner alignment. The transaction awaits government and regulatory approvals expected by the end of 2026.
Attackers compromised Trezor's email system to send a convincing phishing email claiming a hardware flaw in STM32 chips reduces wallet security. The email urged users to run an 'entropy check' online, which actually harvested their recovery seeds and...
CRH receives a Buy rating due to its vertically integrated model capturing value across the construction supply chain. The recent acquisition of Arcosa expands CRH's footprint in U.S. aggregates and energy infrastructure, expected to generate $175 mi...
Since August 17, Bitcoin's price has increased by about 22%, yet most cryptocurrency mining companies have underperformed this rise, with only Canaan exceeding Bitcoin's gains. Core Scientific and Terawulf notably lag behind by 27% and 24%, respectiv...
U.S. spot Bitcoin ETFs experienced a net outflow of $147.3 million over two days, with $100.7 million withdrawn on September 9 and $46.6 million on September 8. This follows a strong start to September, where inflows reached $622.7 million, driven by...
Bitcoin dominance has increased to 58.6% while the total cryptocurrency market capitalization fell by 4.3% to $2.67 trillion. This shift indicates investors are moving capital back into Bitcoin, seen as a safer asset, while altcoins face heavier sell...
