The LAPTOP token, a memecoin linked to Hunter Biden, launched on the Base blockchain with an initial price of $190.81 but plummeted to $3.70 within 60 minutes, marking a 98% drop. Despite a peak fully diluted valuation of $144 billion, the token had very low liquidity, with only $48,000 supporting it. Market makers like GSR and Wintermute received token allocations before the public launch, and the founding team holds 30% of the supply locked for six months. The token has no utility and is mainly a digital collectible, with Hunter Biden framing it as a symbol of resilience amid skepticism about memecoins.
Lazard has appointed Daniel Burton-Morgan as Managing Director and Head of Equity Capital Markets Advisory for North America, enhancing its advisory services in equity capital markets. Based in New York, Burton-Morgan will advise clients on IPOs, fol...
Microsoft's stock has fallen from its highs amid a market shift away from big tech, even as Azure surpassed $100 billion in annual revenue and AI-related services show rapid growth. The company reported strong fundamentals, including 45% projected Az...
Exiger, a leading supply chain AI company, has launched 1Exiger, an AI-native platform that enhances supply chain, procurement, and compliance tasks through autonomous agentic AI capabilities. Backed by a $1.2 billion investment and strategic acquisi...
Vision Lithium Inc. has entered an option agreement with Osisko Metals, granting Osisko the exclusive right to acquire full ownership of the Red Brook Property, covering about 3,982 hectares in New Brunswick. Osisko must make staged cash payments tot...
CollPlant Biotechnologies has acquired LightSolver Ltd., a pioneer in photonic computing with its Laser Processing Unit (LPU) technology. This acquisition diversifies CollPlant's portfolio into advanced photonic computing, targeting high-demand secto...
