A Danish pension fund that previously attracted attention for selling US Treasuries and exiting Tesla has said it will not invest in SpaceX, citing concerns over both valuation and corporate governance. AkademikerPension, which manages approximately $25 billion in assets, said the company is grossly overvalued and suffers from what it described as significant governance shortcomings.
DxSale, a long-running token launch and liquidity locking platform widely used during the early BNB Chain memecoin boom, has suffered a major exploit that drained an estimated $7.3 million in liquidity provider (LP) funds. The incident affected more than 1,400 liquidity pools, according to on-chain tracking shared after the incident. The pools were spread across
Sui faced a sharp technical disruption on May 28, 2026, when the network stopped producing blocks for nearly six hours. The incident came shortly after a protocol upgrade, with reports pointing to a bug in the Sui 1.72 release that triggered a validator consensus failure. During the outage, transaction processing across the blockchain came to
Solana (SOL) plunged to intraday lows of $80 on Thursday as a sudden deterioration in risk sentiment roiled cryptocurrency markets. The token has slightly bounced off the intraday lows as investors digest the US-Iran situation. SOL could thus eye a swift rebound to recent highs. However, technical indicators and broader risk assets outlook suggest bulls
Britain’s benchmark FTSE 100 index fell on Thursday, snapping a seven-day winning streak, as renewed hostilities between the United States and Iran weighed on investor sentiment and clouded hopes of reopening the Strait of Hormuz. The blue-chip FTSE 100 index fell 0.8% to 10,418.33 points by 1013 GMT. The domestically focused FTSE 250 index also
Snowflake (SNOW) is ripping higher this morning after the cloud-based data platform announced a surprise $6 billion infrastructure partnership with Amazon Web Services (AWS). Under this five-year strategic collaboration, SNOW is deeply committed to AWS custom Graviton processors and artificial intelligence (AI) infrastructure to drive enterprise agentic AI. Including recent gains, Snowflake stock is trading
Gold prices fell again today, extending a steep decline that has rattled investors and underscored how inflation fears and US–Iran tensions are reshaping the precious metals market. Gold prices slipped to a two-month low below $4,400 per ounce on Thursday. The contract on COMEX hit $4,396.20 per ounce, its lowest level since the end of
Dogecoin (DOGE) slipped below the key psychological $0.10 level as risk-off sentiment swept through cryptocurrency markets. The token’s recent weakness has largely mirrored a broader retreat across risk assets. DOGE price falls amid crypto sell-off Dogecoin’s price movements have been closely correlated with macro developments in recent sessions, and the memecoin’s heavy retail ownership profile
BYD unveiled new service packages on Thursday aimed at accelerating adoption of its “God’s Eye” assisted-driving platform as the company intensifies its push into autonomous driving amid slowing domestic demand and mounting competitive pressure. Chairman Wang Chuanfu said the automaker’s long-term goal is to achieve “zero traffic accidents” through intelligent driving technology. As part of
Wall Street and currency markets remained cautious on Thursday after revised government data showed the US economy expanded more slowly than previously estimated during the first quarter of 2026. The US Commerce Department said gross domestic product (GDP) grew at an annualized rate of 1.6% in the January-to-March period, down from the earlier estimate of