South Korea's KOSPI index fell more than 8% at the open and triggered a circuit breaker, sending a risk-off shockwave through global markets before New York traders had finished their coffee. Bitcoin's response was fast…
Dubbed Ondo Network, the system marks a shift from the company's February 2025 vision for Ondo Chain, a blockchain for institutional finance and tokenized real-world assets. After building its new perpetual futures plat…
IBM (IBM) CEO Arvind Krishna kicked off the company's earnings call by acknowledging the shock warning a week ago that upended what had been a successful tech turnaround story.
Core Scientific reported strong second-quarter revenue growth as AI colocation became its largest business, though a non-cash accounting charge resulted in a $1.15 billion net loss.
The US Dollar (USD) trades slightly lower on Tuesday as investors reduce some exposure ahead of Wednesday’s Federal Reserve (Fed) monetary policy announcement. The Greenback remains close to its recent monthly high, how…
Just a week after OpenAI disclosed that two frontier AI models escaped a sandboxed testing environment and breached Hugging Face, researchers have demonstrated a similar containment failure involving Anthropic's Claude …
Weeks after a critical vulnerability sparked a market rout and raised questions about Zcash's supply, the privacy-focused cryptocurrency has activated Ironwood, an upgrade designed to ensure any counterfeit coins can ne…
When the opportunity arose to return to the UK and lead Swiss Re’s UK&I business as CEO in January 2022, it represented a natural next step for Jason Richards (pictured). With 25 years’ experience at the global reinsura…
EthSystems, a startup spun out of the Ethereum Foundation earlier this month, is betting that privacy, not scalability, is the biggest obstacle preventing institutions from moving financial activity onto public blockcha…
Just two days after Claude Opus 5 shipped, AI investor and former HyperWrite CEO Matt Shumer posted a video of a fully playable first-person shooter the model had built entirely on its own.
The Dow Jones Industrial Average trades just short of 52,900 on Tuesday, higher by close to 700 points and 1.3%, roughly 450 points beneath the record it set in the first week of July. Taken alone, that reads as a broad…
Momentum has emerged as one of the strongest-performing equity factors this year. As investors continue rewarding companies with sustained relative strength despite persistent macroeconomic uncertainty, ETFs such as the…
Michael Saylor isn't fighting BIP-110 anymore—he's fighting the very idea that Bitcoin's code can be changed. The Strategy executive chairman posted a nine-post thread to X on Tuesday that reframes the entire protocol d…
Perpetual futures have become one of crypto's defining financial products, but DRW CEO Don Wilson says much of what people think they know about them is wrong.
The biggest names on Wall Street are lining up behind the Digital Asset Market Clarity Act, marking one of the strongest public shows of support yet for legislation that would establish a new regulatory framework for th…
Derivative-based ETFs are pushing half a trillion in AUM right now, as investors have flocked to the growing category. Amid that rising interest in recent years, however, other investors may have questions. What is incl…
Easing gas prices are making Americans feel better about their personal finances and the economy in June, but consumer sentiment remains at historically low levels amid ongoing conflict in the Middle East, according to …
BNY’s Geoff Yu highlights that Reserve Bank of Australia (RBA) Governor Michele Bullock signaled a possible rate hike at the August 10–11 meeting, stressing inflation is still too high and productivity weak. She noted d…
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