SOS Limited (SOS) said on Thursday that its Bitcoin (BTC-USD), Ethereum (ETH-USD), and equivalents were worth ~$75.6M as of Sept. 24, down from $79.1M a year earlier. The holdings included 802.77 Bitcoin equivalents worth $67.7M and 2,949.79 Ethereum equivalents worth $7.9M. Source link
Solana Foundation hires Binance, Polygon veterans for tokenized finance push
The Solana Foundation has appointed former Binance executive Rachel Conlan as its new chief strategy officer, adding a high-profile crypto industry veteran as the Solana (SOL) blockchain makes a bigger push into institutional finance and tokenized assets. Conlan will lead strategy across institutional partnerships, ecosystem growth and efforts to bring…
Nutanix’s CCO Tarkan Maner to step down (NTNX:NASDAQ)
Nutanix (NTNX) announced on Thursday that Tarkan Maner has decided to step down as president and chief commercial officer, effective October 2, 2026. Following his departure, CEO Rajiv Ramaswami will oversee the company’s sales, marketing, and customer experience organizations, the firm said in its Source link
Crypto investment firm RockawayX puts $150M behind push for trade finance, private credit onchain
The next big opportunity is in assets that offer higher returns and behave differently from crypto markets, CEO Viktor Fischer said in an interview with CoinDesk. “Our thesis going forward that after trading, yield will be the largest use case onchain” Fischer said. For that, “we need new sources of…
TD Synnex slides even as Q3 results, guidance top estimates (SNX:NYSE)
Shares of IT software firm TD Synnex (SNX) slid more than 4% in premarket trading on Thursday even as the company reported fiscal third-quarter results and guidance that topped Wall Street’s forecast. For the period ending Aug. 31, TD Synnex said it Source link
Bitcoin slides to $83,300 as bond yields hit highest level since 2007
Bitcoin has given back gains from an early Thursday recovery, now trading at $83,344, down 1.23% since midnight UTC, with a bond selloff that pushed the U.S. 10-year Treasury yield to its highest since 2007 weighing on crypto for a second day. The move has taken the whole market with…
DeepSeek’s annualized revenue run rate hits $1B: report (DEEPSEEK:Private)
Kenneth Cheung Chinese AI startup DeepSeek’s (DEEPSEEK) annualized revenue run rate has topped $1B, more than doubling in recent months, The Information reported on Thursday. Chief executive Liang Wenfeng shared the figure at a recent meeting with investors, according to the report. Source link
Quantum threat to Bitcoin could materialize before commercial viability, EU regulators warn
European financial authorities warned that an advanced quantum computer could undermine cryptography used to secure blockchains, saying the threat could emerge before the technology has a viable commercial application. The warning from the Joint Committee of the European Supervisory Authorities (ESAs), which includes the European Banking Authority (EBA), European Securities…
Stitch Fix projects FY 2027 revenue of $1.31B-$1.36B amid higher client acquisition costs (NASDAQ:SFIX)
Earnings Call Insights: Stitch Fix, Inc. (SFIX) Q4 fiscal 2026 Management View “Fiscal 2026 was a pivotal year for Stitch Fix.” (CEO & Director Matt Baer) “Full year revenue grew 6.4% to $1.35 billion.” “Q4 revenue was $324.4 million, representing 4.2% year-over-year growth.” “Revenue per active client, or RPAC, set…
Pratt & Whitney Canada secures four-year MRO agreement with AirBorneo
Nikolai Mentuk Pratt & Whitney Canada, an RTX (RTX) business, signed a four-year agreement with Malaysia’s AirBorneo Airways to provide comprehensive maintenance, repair, and overhaul services (MRO) for the PW127M engines powering its ATR 72-500 regional turboprop fleet through 2030. AirBorneo deploys Source link