Wintermute, a major algorithmic market maker, has accumulated over $3 million worth of PONS tokens, the governance token for the Robinhood Chain's leading meme-coin launchpad. The purchases were made incrementally on Uniswap using a time-weighted average price (TWAP) strategy, indicating a steady accumulation rather than market-making activity. PONS has surged about 16,000% since mid-July, driven by its role in launchpad operations and token buybacks that reduce supply. Wintermute's proprietary position suggests confidence in PONS's value, though no formal market-making mandate has been disclosed.
XBiotech announced positive final results from the Phase II TASKIN study, showing that adding Vilamakitug (XB2001) to standard chemotherapy improved 12-month overall survival to 61.3% in patients with refractory metastatic colorectal cancer, surpassi...
XBiotech announced positive final efficacy results from its phase II TASKIN trial for vilamakitug (XB2001) in refractory metastatic colorectal cancer. The study, funded by the French National Cancer Institute, showed a 61.3% overall survival rate at ...
Dorchester Minerals, L.P. has agreed to acquire mineral and royalty interests covering about 4,300 net royalty acres in three counties within North Dakota's Williston Basin. The deal involves a non-taxable contribution and exchange agreement with an ...
On October 19, Shiba Inu (SHIB) trading against the euro revealed significant differences in bid-ask spreads across exchanges, with Kraken and Bit2Me showing tight spreads around 0.022%, while WhiteBIT had a much wider spread of 0.670%. This large va...
Socialism is rising in popularity within U.S. politics, particularly among those identifying as democratic socialists who seek a system more like European social democracy. Sam Gregg of the American Institute for Economic Research highlights the need...
