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Moderna Soars 177% on Melanoma Vaccine Win; August 20 Update
Moderna jumped 177% to $174.38 after Phase 3 melanoma vaccine trial success with Merck. The mRNA therapy reduced recurrence risk and represents the first approved late-stage cancer vaccine.
xAI Founder Tony Yuhuai Wu Buys Rs 670 Crore California Mansion After 6 Years in AI
xAI co-founder Tony Yuhuai Wu reportedly buys Rs 670 crore Villa de Verano mansion in California with nine-hole golf course and 150-seat amphitheatre after six years in AI.
Moderna Soars 177% After Melanoma Vaccine Clears Late-Stage Trial on August 19
Moderna jumps 177% and Merck gains 12% after their personalized mRNA cancer vaccine met key goals in a Phase 3 melanoma trial, the first positive late-stage result for an mRNA cancer therapy.
Zcash Rallies 11% to $564.94 After Institutional Mining Launch
Zcash jumped 11% to $564.94 on August 20 following Cypherpunk Technologies’ $33.33M mining operation launch, controlling 18% of network hashrate.
Solana Jumps 8.7% to $83.73 on Network Upgrade and ETF Inflows
Solana USD rose 8.7% to $83.73 in 24 hours, driven by a mainnet slot-time reduction and ARK Invest’s staking ETF purchase.
Lido Staked ETH USD Jumps 10.7% to $2,122 on Heavy Volume
STETHUSD rallied 10.7% to $2,122.30 in 24 hours with volume 36% above average. RSI at 56 shows room for further upside.
Alibaba Sells Lingxi Games for $1.5B, Pivots to AI on August 20
Alibaba sells gaming unit Lingxi Games to Trustar Capital for USD 1.5 billion, redirecting capital to AI and cloud infrastructure as part of CEO Wu Yongming’s business restructuring.
AUSTRAC Uncovers A$4 Billion Mortgage Fraud Across Australia’s Five Largest Banks
AUSTRAC’s Operation Claw uncovers A$4 billion in suspected mortgage fraud across Australia’s largest banks, with borrowers using fake employment and offshore funds. Hundreds referred to police.
Lambie Demands Cap Scrapped as Veterans’ Health Funding Faces $5,000 Limit
Jacqui Lambie attacks federal government’s $5,000 allied health cap for veterans, warning it could cost lives. Policy takes effect July 2027. RSL Australia and advocacy groups oppose the measure.