Grafa News and Videos — Page 915

Loopring (CRYPTO:LRC) has shut down its decentralised exchange and automated market maker after saying weak adoption, limited business development and newer zero-knowledge rollup technologies made the platform no longer viable.

Dubai's Virtual Assets Regulatory Authority (VARA) approved its 50th virtual asset service provider licence by authorising Tribe Tokenisation FZE, marking another step in the expansion of the emirate's regulated digital asset sector.

Karoon Energy (ASX:KAR) has restarted production from the SPS‑92 well at the Baúna Project in Brazil after replacing the well’s electrical submersible pump, with SPS‑92 now producing about 8,600 barrels of oil per day and total Baúna output at roughly 20,500 bopd before natural decline.

Silex Systems (ASX:SLX; OTCQX:SILXY) has completed construction of the SILEX Quantum Silicon (Q‑Si) Production Plant, described as the world’s first laser‑based silicon enrichment facility, at its site in Sydney and has begun commissioning work on the plant’s laser system and first two enrichment reactors.

FDC Consolidated Holdings (ASX:FDC), the holding company for national construction and fitout business FDC, has lodged its IPO prospectus with ASIC and applied to list on the ASX, targeting a $400 million raising through the issue of 133.6 million fully paid shares at $3.00 each for an implied market capitalisation of $969 million at listing.

Privacy-focused blockchain networks are attracting increased regulatory attention as stablecoin issuers confront technical challenges in complying with court-ordered asset freezes without disrupting legitimate users.

Adherium (ASX:ADR), a digital respiratory management company and developer of the US FDA‑cleared Hailie Smartinhaler, has secured US$1.65 million in short‑term funding via an unsecured loan facility from its major shareholder Trudell Medical to support working capital requirements.

Mercer Super, one of Australia’s largest super funds with about $80 billion in assets and more than one million members, has been ordered by the Federal Court to pay $10.3 million in penalties for systemic failures to report investigations into serious member service issues to ASIC.

The stablecoin market has contracted by approximately US$9.45 billion since May 8, reducing the amount of capital available to support cryptocurrency trading as investors continue withdrawing funds from digital asset markets.

Sharplink has purchased approximately 39,196 Ether (CRYPTO:ETH) worth about US$62.4 million over three days.