Policy
The US Debt Ceiling Crisis Explained
As another US debt-limit deadline draws near on June 1st, both politicians and economists are sounding the alarm.
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Market Analysis
Market Analysis
New Video Shows How Trezor T Wallets Can be Hacked
Unciphered claims it is possible to extract the mnemonic seed phrase from Trezor T wallets—provided you have access to the wallet and some specialized equipment.
Policy
Nigeria’s Central Bank Lifts Key Rate to 18.5% in an Unprecedented Move
Since May 2022, the Central Bank of Nigeria has lifted key rates by 700 bps.
Market Analysis
Dispersion Capital Unveils $40M Fund For Development of Web3 Infrastructure
Dispersion Capital is seeking to help develop “foundational web3 infrastructure” that will accommodate millions of users.
Market Analysis
JPMorgan to Buy $200M Worth of Carbon Removal Credits
The biggest American bank seeks to offset its carbon emissions.
Market Analysis
Philippine SEC Warns Gemini Derivatives is Breaking Securities Laws
Last week, the Philippine SEC issued a warning that Gemini is illegally offering securities in the country through its new derivatives exchange.
Market Analysis
AI Startup Updating Old Finance Systems Raises $35M
FlowX helps TradFi institutions to launch digital services faster to keep competing with both legacy and neo banks.
Market Analysis
Crypto Hedge Fund Plans to Raise Up to $27M for Bitcoin-Focused Fund
BXB's new bitcoin-focused fund is aiming to raise up to 1,000 BTC. So far, investors have already committed 400 BTC, or around $10 million.
Market Analysis
Judge Grants Joint Request to Extend Deadline for Filing of Hinman Docs
This Friday, Judge Torres granted an extension request jointly filed by Ripple and the SEC.
Market Analysis
MIAX Finalizes $50M Acquisition of FTX’s LedgerX
Miami International Securities Exchange announced today it had completed its acquisition of LedgerX.
FinTech
Twitter’s Partnership with eToro and the Future of Social Trading
Will eToro be the push that Musk needs to make Twitter “the biggest financial institution in the world”?
Market Analysis
Samsung to Retain Google as Default Search Engine on its Devices: Report
Google currently accounts for 93% of searches on mobile devices and computers.
Market Analysis
Japan’s Nikkei 225 Surges to 33-Year Peak, With an 18% YTD Gain
Japan's Nikkei 225 stock average surged past its highest finish since August 1990 on Friday.