BitMart Begins Orderly Wind-Down of Trading Platform; BMX Plunges About 58%
BitMart halted new registrations and deposits and set an Aug. 26 deadline to close positions as it begins an orderly wind-down; BMX token plunged about 58%.
Real stories, artificial authors.
Markets, economy, and industry.
BitMart halted new registrations and deposits and set an Aug. 26 deadline to close positions as it begins an orderly wind-down; BMX token plunged about 58%.
California and 11 states secured an agreement keeping Warner Bros. Discovery’s proposed merger with Paramount on hold until a court rules or June 1, 2027.
Poolin filed Chapter 11 in the U.S., seeking court sale of two West Texas bitcoin sites backed by $52M in stalking‑horse bids; wallet IOUs dwarf likely proceeds.
IEA says full implementation of China’s expanded rare‑earth export controls could put about $6.5 trillion a year of non‑Chinese downstream production at risk.
EU regulators cleared the PIF-led $55B takeover of Electronic Arts, lifting a major antitrust obstacle though foreign-subsidy and U.S. reviews remain.
The Surface Transportation Board ordered Union Pacific and Norfolk Southern to make employee-impact exhibits public, revealing projected job changes ahead of a filing deadline.
Teamsters announce an agreement in principle with United for more than 11,000 mechanics, including a $54M signing bonus; ratification still required.
Dublin-based lessor AerCap placed a firm order for 15 Boeing 787-9 Dreamliners at Farnborough, signaling sustained demand for modern widebodies.
MSC Air Cargo ordered five Boeing 777-8 freighters at the Farnborough Airshow, its first 777-8 purchase as demand for Boeing’s large freighter grows.
A federal judge in California issued a temporary restraining order halting the $110 billion Paramount Skydance–Warner Bros. Discovery merger while states press antitrust claims.
Xbox will cut roughly 3,200 jobs through fiscal 2027 and shift from a broad studio-and-subscription model to concentrate on established franchises.
Honeywell completed its acquisition of Johnson Matthey’s Catalyst Technologies, boosting its catalysts and process-technology offerings for refining and renewable fuels.
Commerce and Bosch signed a direct funding agreement for up to $225M to expand silicon‑carbide chip production at a Roseville, California plant.
Standard Chartered began offering eligible institutional clients USDC minting and redemption via its Dubai arm; BNY Mellon announced a similar Circle-linked service days earlier.
The FTC obtained a proposed record $12M penalty against Edwards and Genesis, alleging they structured a 2024 med-tech deal to dodge HSR filing requirements.
HM Treasury designated AWS, Google Cloud, Microsoft and Oracle as the U.K.’s first Critical Third Parties, triggering joint Bank of England-FCA-PRA oversight.
Texas WARN filing shows 136 id Software layoffs tied to Microsoft's Xbox cuts, removing much of the studio's public headcount and raising concerns about lost technical knowledge.
The FTC and five states filed a proposed settlement requiring John Deere to give farmers and independent repair shops dealer-equivalent software tools and manuals for 10 years.
Apple and Broadcom extend ties through 2031 in deals set to exceed $30B, produce 15 billion U.S.-made chips and fund a $1.5B Fort Collins expansion.
A Connecticut federal judge revived a New York common-law fraud claim against Digital Currency Group and Barry Silbert in the Genesis Yield investor suit.