Novo Nordisk CEO Concedes Eli Lilly’s Market-Share Gains as Stock Slumps
Novo Nordisk's CEO conceded Eli Lilly is gaining market share even as oral Wegovy hits record prescriptions and the stock keeps falling.
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Crypto Whale Loses $25.6 Million 2 Years After $24 Million Phishing Attack
An unknown crypto whale lost $25.6 million after an attacker drained their wallet. The hacker swapped the stolen assets into Dai (DAI) and Ethereum (ETH), onchain analyst Specter reported. The same wallet lost $24.2 million to a phishing attack in…
ASX shareholder plans to sue former directors over failed blockchain project
ASX’s failed blockchain-based CHESS overhaul faces renewed governance scrutiny after the exchange admitted misleading the market.
Attention Binance Users: Some Services Will Be Temporarily Stopped This Week
Important TRX operations will once again be paused.
Arizona crypto ATM law helps 35 scam victims recover $171K
Qualifying new customers can receive full reimbursement, including fees, if they notify both the operator and law enforcement within 30 days.
BlackRock’s Bitcoin income ETF offset less than 30% of its $1.2M crypto losses with options
The fund booked $344,849 in option gains, yet its cited NAV, Bitcoin and IBIT declines start on different dates.
Prediction markets should dial back faulty filings for incentives to boost trading: CFTC
The U.S. regulator of platforms such as Kalshi and Polymarket suggests the industry is getting into bad compliance habits that may allow for market abuse.
BofA Exec Still Calls For 3 Fed Rate Hikes After July CPI
BofA's Aditya Bhave defends the bank's three-hike Fed forecast after July's CPI report, saying tightening remains incomplete.
Taiyo Yuden Pops 7% on Situational Awareness Stake, But the Fund’s Already Sold
Situational Awareness built a 16.61% Taiyo Yuden stake, then cut it to 4.41% during a hedge fund unwind.
ETFs Are Buying, But Who Is Selling? Inside Bitcoin’s Tug-of-War
U.S. spot Bitcoin ETFs absorbed about 13,300 BTC last week, more than four times the roughly 3,150 BTC newly created by the network.
Cypherpunk secures a $46M Zcash gain and turns a $4.7M operating loss into $39.4M profit
The company had $7.6 million in cash as its biotech subsidiary began seeking resources for Phase 3.
Securitize falls 20% after earnings miss as tokenization revenue falls short
Tokenized assets hit a record and trading activity jumped, but revenue slipped in the firm’s first earnings report since going public.