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Ukraine transfers $8.3M in seized USDT to state management for the first time, marking a legal milestone.

Market News
29 Jun 2026
Coincu
View Source
Neutral
Ukraine transfers $8.3M in seized USDT to state management for the first time, marking a legal milestone.

Ukraine's Asset Recovery and Management Agency (ARMA) has for the first time transferred over $8.3 million in seized USDT stablecoins into state management, valued at more than 372 million hryvnias. This transfer, executed under a court decision, marks a significant operational milestone in Ukraine's handling of digital assets confiscated in criminal cases, specifically from an international hacker group accused of laundering over $100 million. ARMA now holds and manages these assets while legal proceedings continue, establishing a precedent for future crypto asset seizures and state custody in Ukraine. The move demonstrates Ukraine's advancing legal framework for digital asset enforcement without impacting USDT market prices.

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Grail's stock jumps 55% after positive FDA advisory vote on Galleri cancer test.

Grail's stock jumps 55% after positive FDA advisory vote on Galleri cancer test.

Grail's stock surged 55% in one week following a positive FDA advisory committee vote on its Galleri multi-cancer early detection test, which was deemed safe and beneficial. Analyst Kyle Mikson raised the price target from $80 to $150, reflecting str...

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Roblox shares drop 6% after Jefferies downgrades to Underperform with $38 target.

Roblox shares drop 6% after Jefferies downgrades to Underperform with $38 target.

Roblox stock fell 6% following Jefferies' downgrade to Underperform and a price target cut to $38, citing concerns over overly optimistic bookings outlook and slower user growth in the US and Canada. This downgrade contrasts with steady performance i...

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Nio gains 3% as Geely buys 30% stake in its battery swapping unit, valuing it at RMB16 billion.

Nio gains 3% as Geely buys 30% stake in its battery swapping unit, valuing it at RMB16 billion.

Geely Holding Group has acquired a 30% stake in Nio Power, the battery swapping and charging unit of Nio, valuing the business at about RMB16 billion. This investment marks a significant external validation of Nio's battery swapping network, a key as...

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CoreWeave raises 2026 revenue guidance amid strong demand and $104B backlog despite high debt risks

CoreWeave raises 2026 revenue guidance amid strong demand and $104B backlog despite high debt risks

CoreWeave reported strong Q2 results with significant scale and margin improvements, supported by a $104.2 billion backlog driven by demand from hyperscalers exceeding supply. The company raised its 2026 revenue guidance to $12.4–$13.2 billion, expec...

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Tiziana begins dosing ALS patients in Phase 2a trial of nasal antibody foralumab

Tiziana begins dosing ALS patients in Phase 2a trial of nasal antibody foralumab

Tiziana Life Sciences has dosed the first three patients in a Phase 2a trial testing foralumab, a nasal spray antibody, for treating early-stage ALS. The Healey ALS MyMatch BANYAN trial will enroll 44 patients to evaluate safety, tolerability, and im...

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