Crypto World
Chewy Stock Slides After Earnings. Here Are The Numbers To Know.
Chewy (CHWY) on Wednesday reported fiscal second-quarter earnings in line with expectations, with the pet-focused e-commerce marketplace’s revenue narrowly beating estimates. Chewy stock fell after initially ticking higher. Plantation, Fla.-based Chewy reported adjusted earnings of 36 cents per share from revenue of $3.33 billion for the quarter, which ended Aug. 2. Analysts polled by FactSet were expecting adjusted earnings of…
Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8
BitMart has appointed restructuring and turnaround firm Alvarez & Marsal as its financial adviser, a move it said it made ahead of a self-imposed Sept. 9 update deadline. However, the exchange has not yet published the restructuring and business resumption roadmap it previously said it was preparing.
In its announcement Wednesday, BitMart said Alvarez & Marsal will coordinate with the exchange’s legal advisers to review BitMart’s assets, financial position, stakeholder issues, and potential routes forward. The review will also assess proposals submitted by third parties, though BitMart did not identify them.
Key takeaways
- BitMart named Alvarez & Marsal as financial adviser, but did not release an asset-and-recovery plan alongside the appointment.
- The review is expected to cover assets, finances, stakeholder issues, and third-party proposals—details investors and claimants are currently seeking.
- BitMart plans to launch a dedicated web portal within five working days to gather user feedback, with further updates rolling out over three weeks.
- Echo Base, an ad hoc committee of claimholders, praised the step but criticized the lack of concrete disclosures tied to recovery and withdrawals.
Advisor appointment comes without a published roadmap
BitMart’s Wednesday update framed the appointment as part of its effort to meet its own timetable for providing a clearer picture of what comes next. Yet readers looking for concrete information—such as an inventory of assets, a recovery estimate, or a customer withdrawal schedule—were left waiting.
Echo Base, which has been organizing an ad hoc committee of BitMart claimholders, characterized the decision as BitMart’s most encouraging move since July. Still, Echo Base’s CEO Roshan Dharia said the update amounted to “an advisor appointment and two new deadlines,” without accompanying disclosures that claimants have been requesting.
“What arrived was an advisor appointment and two new deadlines, with no reserve position, no asset inventory, no recovery estimate and no withdrawal timetable,” Roshan Dharia, CEO of Echo Base, told Cointelegraph.
What Alvarez & Marsal will assess
Under BitMart’s announcement, Alvarez & Marsal’s work will focus on evaluating BitMart’s situation from both a financial and strategic angle. According to the exchange, the adviser will partner with BitMart’s legal advisers to examine the company’s assets and financial position, consider stakeholder-related issues, and explore possible paths forward.
BitMart also said the process would consider proposals from unidentified third parties. For users and claimants, the practical implication is that the outcome may not be confined to a single restructuring approach; instead, it could incorporate alternatives submitted by external parties, pending the results of the adviser’s review.
The exchange did not provide additional detail on how quickly the assessment will translate into specific outcomes such as withdrawal prioritization, recovery targets, or a formal restructuring filing.
User feedback portal and rolling updates
In addition to the appointment, BitMart said it will create a dedicated web portal within five working days to collect user feedback on its action plan and future direction. BitMart indicated that updates on the feedback process and action plan would be delivered on a rolling basis over the following three weeks.
This signals an attempt to broaden input beyond claimholders and stakeholders already engaged with the exchange’s internal processes. But the sequence also raises the question of whether user feedback will directly inform the most critical next steps—such as timelines for access to funds—rather than serving as a consultative layer before detailed decisions are released.
Scrutiny since the July wind-down announcement
BitMart’s latest move comes after intense scrutiny of its financial position and handling of customer assets since it announced a wind-down on July 26. Coverage by Cointelegraph noted that users reported withdrawal delays following the wind-down announcement, which contributed to growing concern among traders, investors, and claimants.
Despite those mounting concerns, neither BitMart nor Alvarez & Marsal responded to Cointelegraph’s requests for comment on the story.
For market participants following the case, the key tension remains the gap between process updates and the operational information users need most—confirmation of reserves or asset inventory, an expectation for recovery, and an actionable withdrawal timetable. While appointing a well-known financial adviser can be part of a legitimate restructuring workflow, the credibility of that workflow depends on measurable progress and transparent disclosures, particularly when customer access to funds is at issue.
What to watch next
The immediate watch item is whether BitMart’s feedback portal and the announced rolling updates will culminate in concrete disclosures about assets, reserves, and timelines. With Alvarez & Marsal now involved, claimants and users should pay close attention to when the exchange moves from an assessment phase to publishing verifiable milestones—especially any withdrawal-related schedule or recovery estimate that addresses the concerns Echo Base highlighted.
Crypto World
Fintech Meetup and Signal Week (Formerly Paris Blockchain Week) Join Forces Across the US and Europe
Paris, France, September 9th, 2026, Chainwire – Fintech Meetup and Signal Week, formerly Paris Blockchain Week, are joining forces to create new ways for the people shaping fintech and digital assets to connect, collaborate and do business across the US and Europe.
The partnership will combine Fintech Meetup’s meetings-led financial services marketplace with Signal Week’s global digital assets community, launching in Las Vegas and Paris in 2027.
Traditional finance and digital assets are converging fast. Stablecoins, tokenization, and blockchain infrastructure are moving from experimentation towards real-world financial services, while digital asset companies increasingly need access to the institutions and partners that can take those technologies into the mainstream.
Together, Fintech Meetup and Signal Week will create the meeting place for that convergence.
The partnership brings together two highly complementary strengths. Signal Week brings together deep digital-assets expertise, global brands, builders, investors, and policymakers. Fintech Meetup brings the wider financial services ecosystem — particularly banks and other fintech buyers — and its unique, technology-enabled Meetings Program, designed to turn shared interests into valuable one-to-one connections and commercial relationships.
It also marks the first major milestone since Signal Week joined Hyve Group in 2026, bringing both brands under one roof. Connecting the two communities was one of the driving rationales behind the acquisition, and this collaboration puts that strategy into action.
The collaboration begins at Fintech Meetup in Las Vegas in February 2027, and in 2027, the partnership continues in Paris.
Las Vegas
The partnership will come to life at Fintech Meetup 2027, February 22–24 at The Venetian, Las Vegas, as the two organizations jointly launch Digital Assets Summit, powered by Signal Week: The Bridge Between TradFi and Digital Assets. An expanded digital assets experience within Fintech Meetup, the summit puts digital assets at the heart of the event.
The Las Vegas experience will spotlight what is actually being built, deployed, and adopted across financial services: real infrastructure, real deployments, and real partnerships. The program will showcase the companies and financial institutions putting the technology into production — from stablecoins and tokenization to blockchain infrastructure and on-chain markets — and use Fintech Meetup’s Meetings Program to connect them with the institutions, customers and partners that can accelerate adoption.
Louisa Hunter, President of Fintech Meetup, said: “Traditional finance and digital assets are no longer separate conversations. Banks are exploring stablecoins, tokenization and blockchain infrastructure, while the companies building that technology need access to the institutions that can take it into the mainstream. Bringing these communities together is timely and incredibly exciting. Signal brings deep expertise, credibility and relationships across digital assets; Fintech Meetup brings the wider financial services ecosystem and a meetings model designed to turn interest into action. Together, we will build the most important meeting place for the people building, buying and adopting the next generation of financial infrastructure.”
Signal Week, formerly Paris Blockchain Week, will bring specialist expertise and an established global digital assets community, one that has welcomed leaders from institutions such as BlackRock, Société Générale, Circle and Ripple to past editions. Fintech Meetup will bring its broader fintech ecosystem, financial institution audience and meetings-driven model, with past attendees including Citi, Wells Fargo, US Bank and Visa.
Together, the ambition is to be the most important meeting place for the people building, buying and adopting the next generation of financial infrastructure.
Charlie Méraud, Co-Founder of Signal Week, said: “Wall Street is going on-chain, and so is every major financial hub. Not just financial instruments, but payment rails and programmable currencies. After years of the two industries working in silos, building that bridge has been Signal Week’s goal from the start. Partnering with Fintech Meetup puts our community in front of 650+ qualified hosted leaders through a world-class double opt-in meetings program, and that’s the strongest step forward we could have taken.”
Then: A Bigger European marketplace
The next major chapter comes to Paris in 2027, when Fintech Meetup Europe and Signal Week combine forces at Signal Week. Together, they will create a much broader meeting point for financial services, spanning banking, fintech, payments, digital assets and emerging financial infrastructure.
For the Fintech Meetup community, that means deeper access to one of the fastest-moving areas of financial services. For Signal Week’s community, it means stronger connections into financial institutions and the wider fintech ecosystem, underpinned by Fintech Meetup’s one-to-one Meetings Program.
Further details about the collaboration will be announced at the launch of Fintech Meetup Europe, October 6-8 in Lisbon.
About Fintech Meetup
Fintech Meetup brings together financial institutions, fintechs, startups, investors, retailers, merchants and technology providers to make the connections that move their businesses forward.
At the center of the experience is its technology-enabled Meetings Program, which creates curated, double opt-in, one-to-one meetings based on what attendees want to achieve.
Alongside meetings, expert-led content and community experiences give attendees more ways to discover new ideas, find partners, and build relationships across the fintech ecosystem.
About Signal Week
Signal Week, formerly Paris Blockchain Week, is Europe’s institutional summit for digital assets, bringing together the leaders shaping digital assets and onchain infrastructure.
Its global community spans financial institutions, digital asset companies, investors, founders, policymakers, and technology leaders, with more than 10,000 attendees from over 100 countries and 70% of attendees at C-suite level.
Signal Week joined Hyve Group in 2026, alongside RAISE Summit and MACHINA Summit. Together, the additions strengthen Hyve’s growing portfolio across fintech and emerging technology, with RAISE, the world’s leading AI summit, and MACHINA focused on physical AI and robotics.
Contact
Signal Week
hello@chainof.events
The post Fintech Meetup and Signal Week (Formerly Paris Blockchain Week) Join Forces Across the US and Europe appeared first on BeInCrypto.
Misdiagnosis of head lice is common. “Many presumed lice and nits submitted by physicians, nurses, teachers, and caregivers to a laboratory for identification were found to be artifacts such as dandruff, hairspray droplets, scabs, dirt, or other insects,” such as those blown by the wind and caught in the hair, AAP says.
The CDC recommends that people visit a doctor if they suspect they may have lice.
Who is at risk of head lice?
How do you treat head lice?
There are several over-the-counter and prescription medications approved by the U.S. Food and Drug Administration (FDA) to treat head lice, including lotions and shampoos that contain the insecticides permethrin or pyrethrin. Treatment of head lice often involves using one of these medications, combined with “careful combing using a fine-toothed lice comb,” Armstrong says.
- Geely Sweden CEO Per Ansgar joins Concordium Foundation board.
- Concordium expands focus on verified AI agents and digital payments.
- Geely and Concordium deepen partnership on autonomous transactions.
Concordium Foundation has appointed Per Ansgar, chief executive officer of Geely Sweden Holdings AB, to its board, strengthening the blockchain platform’s relationship with the Geely group as it develops infrastructure for verified digital interactions and autonomous AI agents.
The appointment adds more than 26 years of automotive and financial experience to Concordium’s board.
Ansgar has held senior roles at Volvo Cars, Polestar and companies within the wider Geely group.
His appointment also extends a partnership between Concordium and Geely that began in 2021.
Concordium and Geely deepen five-year partnership
The relationship between Concordium and Geely began with a shared focus on autonomous driving and was formalised in 2022 through a joint venture based in Wuxi, China.
The partnership has also explored applications in which vehicles can interact directly with infrastructure and service providers through machine-initiated payments.
These applications include connected vehicles potentially settling charging, toll, and service payments without direct intervention from a driver.
Concordium is now expanding its focus toward infrastructure for verified digital interactions, including transactions involving AI agents.
As software becomes capable of initiating transactions independently, the company is developing systems intended to establish who owns and authorises an AI agent and who is accountable for its actions.
Ansgar said vehicles and the software embedded in them are increasingly becoming parties to transactions.
He added that trust now requires proof of who authorised a payment and who is responsible for it, describing this as the problem Concordium is addressing.
Ansgar brings automotive and financial experience
Ansgar has been CEO of Geely Sweden Holdings since November 2024, having previously served as the company’s chief financial officer.
Before joining Geely Sweden Holdings, he spent 26 years at Volvo Cars, where he held positions including deputy CFO and CFO of Volvo Cars China.
He later became chief financial officer of Polestar. Ansgar also holds board positions across the Geely group and serves on the nomination committee of Volvo Car AB.
His appointment brings senior Geely leadership into Concordium’s governance as the company works on infrastructure that connects verified humans and AI agents to transactions.
The Concordium Foundation Board is chaired by founder Lars Seier Christensen.
Other members include Ueli Maurer, professor of cryptography at ETH Zurich; Swiss commercial lawyer Simone Monnerat; and digital executive Nibras Stiebar-Bang.
Concordium expands AI agent infrastructure
Concordium’s focus is increasingly centered on establishing verifiable identities for AI agents that can act autonomously.
The company says its infrastructure is designed to allow counterparties to verify that an agent has been authorised by a verified human or organisation.
Its Agent Registry went live in May 2026 and has since registered more than 1,600 AI agents, according to the company. Each registered agent is linked to a verified owner and receives a Verified by Concordium Badge.
The badge can be used across networks including Ethereum and Solana, allowing AI agents to provide information about their owners without exposing the underlying company documents.
Concordium describes itself as an AI infrastructure platform for the agentic economy, built on a regulatory-grade blockchain with identity and trust incorporated into its protocol.
Ansgar’s appointment therefore comes as Concordium seeks to extend its earlier automotive-focused relationship with Geely into a broader model in which vehicles, software and AI agents can conduct transactions while remaining connected to identifiable and accountable owners.
Hunter Biden’s $LAPTOP memecoin is down 99% from its all-time high.
Thanks to the supply of 1 billion tokens, its market cap hit $110 billion just minutes after launch. However, at time of writing, it has a fully diluted value of just $1.9 billion.
One minute periodicity volume is averaging between $20,000 and $30,000, and its price is now just under $2, down from its all-time high of $316.
Read more: Pump Fun and Kraken delete Hunter Biden $LAPTOP promotion
Biden’s laptop token sniped at launch
Biden’s token was announced earlier this week to little fanfare from the crypto community while Pump Fun and Kraken both promoted it before backpedaling on their support.
Several onlookers claim to have spotted snipers — bots that carry out super fast trades — exploiting the launch.
Crypto analyst Dethective claims one such sniper was able to make around $190,000.
Another analyst, Donaxbt, says the highest-earning sniper they saw made $335,000. Others have been reported as making well over $60,000.
Meanwhile, Lookonchain claims that market maker Wintermute has already sold $2 million worth of $LAPTOP it received from the token’s team.
Got a tip? Send us an email securely via Protos Leaks. For more informed news and investigations, follow us on X, Bluesky, and Google News, or subscribe to our YouTube channel.
Hunter Biden’s LAPTOP meme coin ($LAPTOP) began trading on the Base network and almost immediately fell 99.2% from an intraday high of $199.51 within hours of launch.
The laptop entered public view in October 2020, when the New York Post reported on emails from a device tied to Biden. The material was initially dismissed by some officials as “possible disinformation” and later authenticated by several news organizations.
Totally Unexpected
“They turned laptop into a weapon. I turned it into a token,” Biden posted on X.
Crypto investigator Stephen Findeisen, better known as Coffeezilla, had urged his audience to stay away from the token before trading began, telling them, “Do not buy it.”
As a surprise to no one, the token had also drawn imitators before it went live, with more than a dozen counterfeit LAPTOP coins surfacing across Solana, BNB Chain, and TON within about an hour of a Wall Street Journal report on the project, trading around $6.9 million combined, none carrying an official contract address because none had been published.
Counterfeits are a known hazard on Base, which drew more than 500 scam tokens in its first weeks after launching in 2023, according to Solidus Labs.
Anyway, on its first day, CoinGecko put LAPTOP’s market cap near $560 million and its fully diluted valuation near $1.6 billion, on about $5.2 million in 24-hour volume.
Airdrop Aimed at TRUMP Losers
Biden had announced the coin days earlier and set aside a fifth of the supply to airdrop wallets that lost money on Donald Trump’s TRUMP coin.
LAPTOP opened with about 35% of its supply unlocked, the remainder set to release through cliffs and vesting over 36 months, and it traded in decentralized-exchange pools with no fixed offering price. CoinGecko logged the $199.51 peak before the slide to near $1.61.
Lookonchain flagged one wallet that pulled $250,000 off Binance ahead of the launch and spent $200,000 on LAPTOP near the top, a stake worth about $3,000 by the time the analytics firm posted, citing DeBank data. CryptoPotato earlier reported a TRUMP trader who lost $207,000 within an hour of buying in March.
Of the 1 billion-token supply, 20% was earmarked for TRUMP holders who lost money, subscribers to his Substack, and a mailing list run by video journalist Andrew Callaghan, while 30% went to the founding team under a six-month lock and roughly two-year vesting.
Public Citizen has estimated that Trump-linked crypto ventures left investors at least $4.7 billion underwater, with the TRUMP meme coin alone accounting for $3.2 billion of that total.
The post Shocking: Hunter Biden’s LAPTOP Meme Coin Crashes 99% Within Hours of Launch appeared first on CryptoPotato.
Ryan Connor of RockawayX writes that the dollar leads the euro about 3 to 1 across the offchain economy and more than 300 to 1 onchain. Euro-pegged stablecoins total €711 million, under 1% of supply. He traces the gap to path dependency and missing euro DeFi infrastructure, and argues MiCA-regulated issuance and euro vault rails are changing it.
BitMart appointed Alvarez & Marsal as its financial adviser on Wednesday, its self-imposed Sept. 9 deadline for an update, but did not publish the restructuring and business resumption roadmap it said it was developing.
Alvarez & Marsal will work with BitMart’s legal advisers to evaluate the exchange’s assets, financial position, stakeholder issues and possible paths forward, according to Wednesday’s announcement. The review will also consider proposals from unidentified third parties, BitMart said on X.
BitMart said it will deploy a dedicated web portal within five working days to collect user feedback on its action plan and future direction. It said further updates on the feedback process and action plan would follow on a rolling basis over the next three weeks.
Echo Base, which organized an ad hoc committee of BitMart claimholders, called the appointment “the most encouraging step BitMart has taken since July.”
“What arrived was an advisor appointment and two new deadlines, with no reserve position, no asset inventory, no recovery estimate and no withdrawal timetable,” Roshan Dharia, CEO of Echo Base, told Cointelegraph.
BitMart has faced scrutiny over its financial position and handling of customer assets since its July 26 wind-down announcement, after users reported withdrawal delays.
Neither BitMart nor Alvarez & Marsal responded to Cointelegraph’s requests for comment on this story.
Related: BitMart account demands founder explain funds status, Xia calls claims ‘fabricated’
XRP is trading around $1.42 after a sharp recovery from the August lows near $1.00. The rebound has shifted the short-term structure back to the upside, but much like other major crypto pairs, Ripple’s price is also trapped below a major resistance area, making the next breakout or rejection particularly important.
XRP Price Analysis: The USDT Pair
The daily chart shows a significant bullish impulse from the $1.00 area, followed by a consolidation above the former resistance around $1.30. XRP has reclaimed the $1.30 zone, which now represents an important support area.
Above the current price, the main obstacle is the $1.5 resistance zone. XRP has repeatedly struggled around this region, and a decisive daily close above this zone would strengthen the bullish structure and potentially expose the recent swing high near $1.70 and even the critical $1.90-$2.00 zone.
Momentum has also improved. The daily RSI is around 54, indicating that buyers have regained an advantage without the market being in overbought territory. This leaves room for another upside attempt, although the RSI alone does not confirm a breakout.
Still, with the market consolidating above both the 100-day and 200-day moving averages, investors are awaiting a potential bullish crossover between the two for additional confirmation that the bear market bottom is already in.
The 4-Hour Chart
The 4-hour chart provides a clearer picture of the current consolidation. After the explosive move higher, XRP initially spiked toward $1.70 before retracing sharply. Since then, the price has been consolidating around the $1.30-$1.40 region and is now pressing back toward $1.50.
The immediate resistance is the same daily $1.50 zone, which has acted as a supply area multiple times. On the downside, the $1.34 level is the first important support, corresponding closely with the 0.5 Fibonacci retracement. Below it, the $1.25 area combines the 0.618 Fibonacci level with the bullish order block and would be the key area for buyers to defend.
The recent price action suggests that XRP is building pressure beneath resistance rather than immediately reversing lower. The overall market structure leans moderately bullish. However, repeated rejection from $1.50 without a breakout could produce a deeper pullback toward $1.25 or even lower in the coming weeks.
The post Ripple Price Prediction: What to Expect for XRP as a Major Macro Week Approaches appeared first on CryptoPotato.
Crypto World
Hunter Biden's new LAPTOP token lost 98% of its value in under an hour after $1.6 billion debut
LAPTOP swung from $190 to under $4 within minutes of opening on Base. Onchain records show tokens had been distributed to market makers for a week before trading began.
Energy costs: Share Energy to increase electricity prices by 12.6%
BitMart Misses Roadmap Deadline, Names Financial Adviser
2026 Akwa Ibom Sports Festival to Begin September 22
Memory prices are slowing because buyers ran out of money
Phones confiscated, players sent home: Pakistan’s England tour turmoil revives memories of Mohammad Amir, Salman Butt and Mohammad Asif’s 2010 Lord’s spot-fixing scandal | Cricket News
Bitcoin price risks $76K drop as $78K support weakens
-
Tech1 day ago
Memory prices are slowing because buyers ran out of money
-
Sports1 day ago
Phones confiscated, players sent home: Pakistan’s England tour turmoil revives memories of Mohammad Amir, Salman Butt and Mohammad Asif’s 2010 Lord’s spot-fixing scandal | Cricket News
-
Crypto World15 hours agoBitcoin price risks $76K drop as $78K support weakens
-
NewsBeat1 day agoEngland up in reading, maths and science rankings as Scotland and Wales dip
-
Crypto World15 hours agoEthereum price stalls below $2,500 as ADX drops to 11
-
Crypto World23 hours agoRobinhood Stock: How To Take Advantage With Reduced Risk
-
Business1 day agoEgyptian TV Presenter Sarah Khalifa, 11 Others Sentenced To Death In Major Drug Trafficking Case In Cairo
-
Business13 hours agoMeta debuts long-awaited personal AI agent, Muse
-
Crypto World1 day agoVisa expands stablecoin card network to 160 programs
-
Crypto World1 day agoBrent Crude Oil Moves Above $100 for the First Time in 3 Months
-
Tech1 day agoStrong Password Policy and Password Manager Guide
-
NewsBeat1 day agoTehran’s assertive rhetoric signals a new and dangerous phase in conflict
-
Crypto World23 hours agoIntel Stock Jumps 9% on Chip Price Hike Report, US Stake Gains $36 Billion
-
Sports22 hours agoBallon d’Or 2026 Nominees: Lionel Messi In, Cristiano Ronaldo Out; Erling Haaland Included In Top 30
-
Tech1 day agoGoogle’s revived nuclear power plant gets $1.9B loan from US government
-
Business19 hours agoOil Higher on Hormuz Escalation, Weighing on Sentiment
-
Tech19 hours agoMeta debuts its Muse AI agent. Will consumers trust it?
-
Business1 day agoClaim Your Share Of $50 Million Disney Streaming Price Settlement By Sept. 8 Tonight
-
Tech1 day agoStoke Space raises another billion to rival SpaceX at re-flying rockets
-
Business17 hours agoTarget opening 8 new stores this fall across six states
You must be logged in to post a comment Login