Cost to Insure AI Debt Hits Record as Korea Chip Stocks Crash
Key points: KOSPI’s back-to-back circuit breakers wiped $620 billion in two days, worsened by leveraged retail bets Hyperscaler CDS jumped from 115 basis points to…
Key points: KOSPI’s back-to-back circuit breakers wiped $620 billion in two days, worsened by leveraged retail bets Hyperscaler CDS jumped from 115 basis points to…
BNY, one of the world’s largest custodian banks, is taking a major step toward blockchain-based financial infrastructure by moving fund ownership records onchain. The New…
“Investments change fast; human nature and human aspirations stay constant.” That’s how Meir Statman, behavioral finance pioneer and professor of finance at Santa Clara University,…
BNY, which has more than $59tn in assets under custody and administration, is moving one of its core record-keeping businesses onto blockchain as Wall Street…
Emirates, the Dubai-based flagship carrier, has launched Crypto.com Pay on its website and app, enabling eligible United Arab Emirates residents make flight bookings with cryptocurrencies,…
The Federal Reserve (Fed) will announce its rate decision at 2 p.m. ET today, followed by Chair Kevin Warsh’s press conference at 2:30 p.m. ET.…
The crypto market was mixed before the Federal Reserve’s interest-rate decision later Wednesday. The CoinDesk 20 Index has added 0.41% since midnight UTC, with 10…
Intense competition from traditional brokerage and decentralized exchanges is pushing crypto exchanges to expand beyond digital assets into tokenized stocks, commodities and precious metals, CoinGecko…
Hungary is rolling back strict crypto rules as CoinCash prepares to resume services after receiving authorization under the European Union’s Markets in Crypto-Assets (MiCA) regulation.…
Russia’s Federal Security Service (FSB) charged Telegram founder Pavel Durov with aiding terrorist activity and placed him on an international wanted list, the agency said…