Frontier Nuclear and Minerals (NASDAQ:FNUC) has signed an agreement with DISA Technologies to extract uranium and critical minerals from historical waste dumps at the Maybell uranium project in Colorado.

Under the terms of the transaction, DISA will fully fund and operate the remediation program. Frontier will incur zero capital or operating expenditures while retaining a sliding-scale net revenue royalty of 2.5 to 4 percent.

Located in Moffat County, the Maybell site covers 9,497 acres comprising 480 federal mining claims and one state exploration lease.

Historical operations at the property previously yielded 5.3 million pounds of U3O8. Ground surveys have identified 17 separate prospective waste dumps on the property to date.

DISA will deploy its modular High-Pressure Slurry Ablation (HPSA) system across the site. The chemical-free process utilizes high-velocity slurry collisions to separate target minerals from aggregated waste material.

According to an independent treatability study conducted by the US Environmental Protection Agency (EPA), the HPSA technology reduces uranium concentrations in treated material by 61 to 94 percent, with comparable reductions in radium-226.

The EPA found the process concentrates over 90 percent of the uranium into just 17 percent of the total processed mass. This leaves the remaining bulk material clean enough to stay on site, significantly reducing regulated disposal volumes.

“We are pleased to have partnered with DISA to apply its breakthrough process to remediate abandoned uranium mine waste at our Maybell Project, and to recover valuable uranium and critical minerals, while addressing the environmental impacts of historical uranium mining,” Frontier CEO Frank Wheatley said in the announcement.

“With uranium demand at multi-decade highs and the US Government actively prioritizing domestic critical mineral recovery, the timing could not be better to unlock the value contained in our Maybell project’s legacy waste dumps,” Wheatley added.

DISA will launch a six-month characterization program using assay and gamma probes to quantify recoverable minerals before applying for necessary operational permits.

In September 2025, DISA became the first company to receive a Service Providers License from the US Nuclear Regulatory Commission (NRC), providing a clear regulatory pathway for legacy waste remediation.

The federal government is actively supporting these initiatives under Secretarial Order No. 3436, which mandates federal agencies to prioritize domestic mineral recovery from existing mine waste.

Recent directives from the US Administration aim to quadruple domestic nuclear capacity by 2050, a target projected to push national uranium demand from 47 million pounds to approximately 190 million pounds annually.

The Colorado agreement advances parallel to Frontier’s international exploration portfolio. The company is currently finalizing a maiden mineral resource estimate for its Engo Valley uranium project in…

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TL;DR

• SecondFi, formerly known as Yoroi and developed by Emurgo, was hit by a Cardano wallet security incident.
• The exploit reportedly drained about $2.4 million in ADA from 374 addresses.
• SecondFi has outlined a two-week recovery plan to restore funds to affected users.

SecondFi Moves To Repair Damage After Cardano Wallet Exploit

SecondFi has outlined a structured recovery plan after a Cardano wallet security incident reportedly drained about $2.4 million worth of ADA from 374 addresses.

The wallet platform, formerly known as Yoroi and developed by Emurgo, is now working through a two-week process aimed at restoring funds to affected users. The incident was tied to a flaw in wallet-generation software, according to the hydration notes, which makes this more serious than a simple phishing wave or user-side mistake.

For Cardano users, the key issue is trust. Self-custody wallets are supposed to give users control. When a wallet-generation bug leads to losses, the damage is not only financial. It also forces users to question the tools they rely on to interact with the network.

Why Wallet Bugs Are So Sensitive

Crypto users are used to hearing about hacks, exploits, and drained wallets. But not all security incidents are the same.

If a user signs a malicious transaction, the lesson is usually about caution and wallet hygiene. If a protocol contract is exploited, the focus turns to code audits and smart contract design. But when the problem sits inside wallet-generation software, the concern becomes more basic: did users ever have a fair chance to protect themselves?

That is why SecondFi’s recovery plan matters. A clear reimbursement or restoration process can limit long-term reputational damage. A slow or confusing process can make things worse, even if the technical issue is fixed.

The reported two-week timeline gives users something concrete to watch. The company now has to show that affected addresses are identified accurately, that funds are returned transparently, and that the underlying weakness has been resolved.

The Bigger Cardano Impact

For Cardano, this incident is not necessarily a network-level failure. Wallet software and blockchain consensus are different layers. But users often experience them as one ecosystem. If a major wallet has a serious issue, confidence can spill over into the broader chain narrative.

That is why communication matters. Cardano has a strong community and a long-running focus on formal methods, security, and careful development. A wallet exploit tied to generation software cuts against that image, even if the core network remains unaffected.

The constructive side is that SecondFi has not gone silent. A recovery plan is better than vague reassurance. But the story…

It was a bumpy week for gold and silver prices, which took a break from responding to geopolitical tensions to react to the latest US Federal Reserve interest rate decision.

As was widely expected, the central bank left rates unchanged at 3.5 to 3.75 percent. However, the move came with the highest number of dissents since 1992.

Gold finished the week at about US$4,615 per ounce, down from nearly US$4,700 at the start of the period; silver fared better, closing at US$75.27 per ounce, not far from where it began.

Attracting more attention that rates was the Fed leadership transition. Jerome Powell’s term as chair expires on May 15, meaning that this week’s meeting was likely his last in the position.

While there’s been some uncertainty about whether nominee Kevin Warsh will be okayed to take over, this week he was voted through by the Senate Banking Committee. Now all that’s left is for the Senate to approve him. That’s expected to happen the week of May 11.

But even if that goes smoothly, Powell won’t be out of the picture quite yet.

He said this week that he plans to retain his position on the Fed’s board, marking the first time a chair has stayed on the board as a governor since 1948.

Powell’s decision stems from concerns about Fed independence. US President Donald Trump has been critical of the central bank, and Powell in particular, for not lowering rates as quickly as he would like — Trump has implied that Warsh will fall in line with what he wants.

Powell has also been facing a Department of Justice criminal investigation that he believes was motivated by rate decisions. Although it was dropped this week, he indicated that he won’t leave his Fed board position until it is “well and truly over with finality and transparency.”

These circumstances are raising questions about what Warsh will really be like as Fed chair, and the experts I spoke to this week were keen to share their thoughts.

Lynette Zang of Zang International said she’s skeptical about how much will change:

“I was listening to Kevin Warsh in front of the Senate Banking Committee, and he said that he had a different definition for price stability. And so my ears perked up, right? Because the current definition of central bank price stability is inflation moving slow enough that the public does not change their spending patterns. Rather, they simply take on more debt to attempt to sustain their standard of living.

“So when he said, ‘I have a different definition,’ I was very keen on, what is that definition? And what he said was, ‘That prices move slowly enough that people don’t notice.’ It seems like the same definition to me.”

Gareth Soloway of VerifiedInvesting.com also weighed in on comments Warsh has made, saying his thoughts on how to measure inflation are worrying:

“When he was testifying in front of Congress for his confirmation hearing, he (talked) about changing the way inflation is is monitored, or how the numbers come out. In other words, what he was saying is that what ……

Alligator Energy Limited (ASX: AGE, ‘Alligator’ or ‘the Company’) is pleased to provide an update on the completion of the first well pattern at the Samphire Uranium Project Field Recovery Trial (“FRT”), representing a key milestone in demonstrating in-situ recovery (“ISR”) performance under field conditions.

The first well pattern has now progressed through the planned recovery cycle, delivering outstanding results that are consistent with, and in many areas exceeding the assumptions outlined in Alligator’s Scoping Study as well as internal models. Importantly, the trial confirms the strong technical viability of recovering uranium from the Samphire palaeochannel system using ISR and underpins the projects economic assumptions in Alligator’s Scoping Study.

Highlights

• Uranium was successfully extracted from first well test pattern hitting AGE’s target of 70% recovery over 70 pore volume exchanges.
• The extractor well delivered flow rates of more than 5 L/s in pump testing surpassing typical global ISR well flow rates of 0.5-3 L/s (driven by favourable permeability), confirming effective fluid movement within the mineralised zone.
• Average grade of uranium in solution from the test pattern was 115 ppm U₃O₈, exceeding Alligator’s Updated Scoping Study¹ (“Scoping Study”) assumptions, sitting at the upper end of the 70–120 ppm range observed across ISR operations globally.
• Trial reagent consumption aligns with highly favourable international benchmarks.
• Ion exchange and elution (loading and stripping uranium from resin) process highly efficient using a simple reagent mix, demonstrating Alligator’s chloride mitigation strategy works and clear optimisation upside.

Key takeaways include:

• Strong permeability performance, confirming effective fluid movement and connectivity within the mineralised zone.
• Uranium recoveries achieving benchmark of 70% within approximately 70 pore volumes, demonstrating favourable leaching kinetics and efficient uranium mobilisation.
• Strong wellfield flow, with flow rates exceeding 5 L/s, confirming favourable permeability relative to typical ISR operations.
• Reagent consumption aligns with “highly favourable category” under international benchmarks indicating efficient leaching conditions and limited reagent losses.
• Robust solution grades, with an average of 115 mg/L U₃O₈, supporting effective uranium dissolution and alignment with upper-end global ISR benchmarks.
• Salinity management and groundwater chemistry conditions did not adversely impact recovery performance, supporting stable ISR operating conditions.
• Wellfield control and stability were maintained throughout the trial, with no material deviations in hydraulic behaviour or flow distribution.
• Ion exchange and elution recovery process in the plant successfully demonstrated, confirming downstream processing viability with clear optimisation upside.

Importantly, the trial confirms the strong technical viability of uranium recovery from the…

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FTX and its Recovery Trust have set March 31, 2026, as the start date for the fourth distribution to creditors, with approximately $2.2 billion slated to be paid to eligible claimants. 

FTX Details Payment Timeline 

Distributions under the plan began in February 2025, with the inaugural round targeting Convenience Class claimants with claims under $50,000, resulting in around $1.2 billion.

The second round, held in May of the same year, saw the first big payouts to larger and institutional creditors, with recovery percentages ranging from 54% to 72%. The third distribution, beginning in September 2025, allocated around $1.6 billion to creditors. 

For the exchange’s fourth distribution, eligible creditors should receive funds from whichever distribution service provider they previously selected — BitGo, Kraken, or Payoneer — within one to three business days after the distribution date. 

Separately, consistent with the Plan and the Preferred Shareholder Agreement, FTX set April 30, 2026, as the record date for a payment to preferred equity holders, which is scheduled for May 29, 2026.

US Customer Entitlements Reach Full Recovery

The allocation for the fourth distribution follows the FTX’s established waterfall priorities. Under those terms, Allowed Class 5A Dotcom Customer Entitlement Claims will receive an incremental 18% distribution, bringing their cumulative recovery to 96% to date. 

Allowed Class 5B US Customer Entitlement Claims are slated for a 5% distribution, which will complete a 100% cumulative recovery. 

Both Allowed Class 6A General Unsecured Claims and 6B Digital Asset Loan Claims will receive 15% distributions, likewise reaching 100% cumulatively. Allowed Class 7 Convenience Claims will see a cumulative distribution totaling 120%.

The exchange’s native token, FTT, was trading at $0.28 at the time of writing, representing a nearly 8% loss in the previous 24 hours, according to CoinGecko data. 

Featured image from OpenArt, chart from TradingView.com 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Ring founder Jamie Siminoff said Tuesday that Ring does not store deleted doorbell footage without a subscription, as questions continue over how law enforcement recovered previously inaccessible video evidence in the disappearance of Nancy Guthrie.

Siminoff addressed the issue during an appearance on “The Bottom Line,” where hosts Dagen McDowell and Brian Brenberg asked about subscription storage, privacy concerns and the reported recovery of doorbell video by federal authorities.

“I do know with Ring specifically, if you delete a recording or if you don’t want a recording, you don’t have a subscription. We do not have it stored. I know that because I built the systems with my team,” Siminoff said.

Siminoff cautioned against speculating about the specifics of the Guthrie investigation and noted that different companies build their systems differently.

SAVANNAH GUTHRIE ISSUES DESPERATE PLEA AS SEARCH FOR MISSING MOTHER ENTERS DAY 10

Jamie Siminoff, the founder of Ring, gave an interview with FOX Business’ “The Bottom Line” on Tuesday regarding doorbell camera video access in connection to the Nancy Guthrie case. (Stephen McCarthy/Sportsfile for Web Summit via Getty Images)

“I wouldn’t want to speculate,” he said. “Maybe they’re also, maybe we’re wrong, and that she did have some sort of subscription. You know, again, we’re getting a lot of, in the sort of in these cases, I’ve found that a lot of the things that we’re hearing are not always correct, and we find out later what’s actually happening.”

He reiterated that Ring does not retain deleted footage without an active subscription.

“If you delete a recording or if you don’t want a recording, you don’t have a subscription. We do not have it stored,” Siminoff said.

MOTIVE BEHIND ALLEGED NANCY GUTHRIE ABDUCTION STILL UNCLEAR, FORMER HOSTAGE NEGOTIATOR SAYS

FBI Director Kash Patel shared still images recovered from a doorbell camera outside Nancy Guthrie’s residence. (@FBIDirectorKashPatel via X)

Federal officials said Tuesday that video was recovered from “residual data located in backend systems,” according to a statement posted on X by FBI Director Kash Patel.

Google cooperated with the FBI to retrieve the video, a federal source confirmed to Fox News Digital.

Asked how investigators may have been able to recover doorbell footage in the Guthrie case, Siminoff again cautioned against speculation and stressed that companies build their systems differently.

“I mean, definitely hard to speculate on something like this because, you know, everybody builds their systems differently,” he said.

He again declined to draw conclusions about what occurred in this case.

AMAZON’S RING EXPANDS AI-POWERED NETWORK TO HELP LOCATE LOST DOGS

A doorbell device with a built-in camera made by home security company Ring. (Chip Somodevilla/Getty Images /…