The ICON blockchain will permanently shut down on December 31, 2026, transitioning its ICX tokens to a new ERC-20 token called SODA on the Sonic chain. Token holders must swap ICX for SODA before September 30, 2026, to maintain access, as after this date the swap will be one-way only, and after December 31 no swaps will be possible. Centralized exchanges like Kraken have already completed the swap for their users, but holders with self-custody wallets must act themselves. Failure to swap in time will leave tokens stranded on an inactive chain, inaccessible and without value. Tax implications may arise from the forced swap, so holders should keep detailed records of the process.
JD Sports Fashion has lowered its profit guidance for fiscal year 2027 due to weaker-than-expected trading in the second quarter. The company now expects profit before tax and adjusting items between £700 million and £800 million, down from the previ...
Seabridge Gold is developing the large KSM gold-copper project in Northern British Columbia, focusing on infrastructure and seeking a joint venture partner. The stock currently trades near its 2022 net present value but could rise significantly if go...
Bitcoin has fallen more than 50% from its October 2025 peak, mainly due to leverage, institutional outflows, and large holder sales. Despite this, BlackRock maintains its recommendation of a 1 to 2% allocation to Bitcoin in a traditional portfolio, v...
Hyperliquid (HYPE) surged 18.5% to $69.78, becoming the top gainer among top-100 coins, driven by its policy arm submitting a regulatory framework for pre-IPO futures to the US SEC. This proposal aims to create a rulebook for IPO perpetual contracts,...
Ethereum surged past $2,200 on August 19, marking its highest level since June 2026, driven by a broad cryptocurrency rally and Bitcoin nearing $70,000. The price rose about 8% in 24 hours, supported by the US Treasury's increased long-term bond buyb...
