Key highlights: CXMT jumped over 500% on its first day of trading in Shanghai. Nomura set a 116 yuan ($17.14) price target, implying a potential 1,239% gain. China’s push for chip independence is expected to drive future growth for the stock. Chinese memory chipmaker Changxin Technology Group made a stunning debut on Shanghai’s STAR Market. […]
Tag: CEO
Key highlights: Vlad Tenev’s X account promoted a bogus memecoin after a hacking incident. Tenev has since recovered the X account, but victims lost 650 ETH in the scheme. Last week Airbnb CEO Brian Chesky’s X account was breached to promote tokenization. Robinhood CEO Vlad Tenev is the latest high-profile figure to suffer a security […]
Key highlights: BitMEX said it will stop operations in late September. Users have been asked to withdraw funds before the deadline. The exchange was the first to offer crypto perpetual swap services. Arthur Hayes’ BitMEX shared that it will permanently shut down operations on September 23, 2026. This was the first exchange to introduce perpetual […]