Healthcare company Viatris Inc. (VTRS) announced Monday the U.S. commercial launch of RYZUMVI (phentolamine ophthalmic solution) 0.75% for the treatment of pharmacologically-induced mydriasis produced by adrenergic agonists (e.g., phenylephrine) or parasympatholytic (e.g., tropicamide) agents in the U.S. RYZUMVI is now the only U.S. commercially available FDA-approved eye drop to reverse dilation. Comprehensive dilated eye exams...
March saw a major decrease in crypto theft incidents, with malicious actors stealing approximately $79 million from decentralized finance (DeFi) projects, according to data from blockchain security firm CertiK. The figure represents an incredible 48% drop compared to the $160 million stolen in February. Flash Loan Attacks and Phishing Scams Contribute to Losses CertiK’s breakdown...
Formula 1 owner Liberty Media Corp. (FWONA, FWONK) announced Monday that it has entered into an agreement to acquire Spain\'s Dorna Sports, S.L., the exclusive commercial rights holder to the MotoGP World Championship, from British private investment company Bridgepoint Group plc and Canada Pension Plan Investment Board. MotoGP will be attributed to Liberty Media\'s Formula...
South Korean politicians are accusing one another of crypto-related wrongdoings ahead of parliamentary elections in the nation on April 10. The country will go to the polls in just over a week to elect members of the National Assembly. The parliament is currently dominated by the Democratic Party. But President Yoon Seok-yeol’s People’s Power Party...
Canadian shares may open higher on Monday, with materials shares finding some support on higher metal prices. However, amid a lack of prominent triggers, movements are likely to remain somewhat lackluster for much of the day\'s session. A report on Canadian manufacturing activity during the month of March is due at 8:30 AM ET. The...
Cryptonews Podcast host Matt Zahab recently sat down for an exclusive interview with Dominic Williams, the Founder and Chief Scientist of the DFINTIY Foundation, a major contributor to the Internet Computer (ICP) blockchain and avid AI enthusiast. Williams discussed the future of AI, its ‘perfect partnership’ with smart contracts and blockchain, and how AI can...
Novavax, Inc. (NVAX) announced Monday that new data from Novavax\'s ongoing research on its updated XBB.1.5 COVID-19 vaccine in participants who previously received an mRNA vaccine showed robust neutralizing antibody titers for the XBB.1.5 subvariant as well as for the currently circulating JN.1 subvariant. The data also showed that the vaccine\'s safety and reactogenicity profile...
A UK judge has taken action to prevent Craig Wright from evading court orders following a ruling stating that Wright falsely claimed to be the creator of Bitcoin. The judge issued a worldwide asset freezing order, effectively blocking £6 million ($7.6 million) of Craig Wright’s assets and prohibiting him from transferring them offshore, according to...
CFTC Commissioner Caroline D. Pham issued a statement Friday seemingly criticizing her own agency for its latest “aggressive enforcement action” following the agency’s KuCoin charges, saying it might “infringe upon the SEC’s authority.” While Pham commended the independent government agency’s “vigilance” in “protecting” U.S. markets through the KuCoin charges, she expressed concern that the move...
Amid the increasing protectionism and policy uncertainty, Developing East Asia is expected to log slower growth this year and next but, the pace is likely to be faster than the rest of the world on recovering global trade, the World Bank said in its East Asia and Pacific April 2024 Economic Update on Monday. The...