Semiconductor stocks are surging while the ‘Magnificent Seven’ is struggling. This divergence of fortunes could be bad news for the market.
Semiconductor stocks have surged more than 80% this year, riding a wave of AI demand from the “Magnificent Seven.” Meanwhile, the companies writing those…
Bitcoin lending is entering a new institutional era, according to Silicon Valley Bank
The bank said bitcoin lending has emerged from the 2022 crypto credit collapse with stronger risk controls, growing institutional participation and a path…
JPMorgan backs U.S. crypto bill but warns of risks in digital asset framework
The bank says Congress should pair regulatory clarity with safeguards as Senate negotiates the Clarity Act. Source：CoinDesk
Private keys, not smart contracts, caused 40% of crypto's $16 billion hack losses. Here's whats being done.
The industry is moving toward fixing the private key vulnerability issue, just not evenly, Wish Wu, cofounder and CEO of Pharos, said. Source：CoinDesk
Wall Street is bracing for a wave of Fed rate hikes that may never come. These sectors stand to gain.
Inflation isn’t as high as you think — and Fed Chair Kevin Warsh looks less hawkish than advertised. Source：MarketWatch
White House to speak with law enforcement groups to push Crypto's Clarity Act
Officials from the White House are said to be sitting down with law enforcement representatives who have objected to illicitfinance portions of the bill.…
J.P. Morgan broadens blockchain settlement network as banks modernize cross-border payments
The bank added five AsiaPacific currencies to its Kinexys blockchain platform, allowing institutional clients to settle payments and FX around the clock.…
Ripple wants institutions to borrow against tokenized assets on XRPL
A proposed XRPL standard would let institutions borrow against tokenized assets, with the blockchain enforcing loan terms while the underwriting stays with…
Rocket Lab to take on SpaceX’s Starlink with $8 billion acquisition
Rocket Lab said it is buying Iridium as a “shortcut” to expanding its growing capabilities. Source：MarketWatch
Ukraine transfers $8.3 million in seized crypto amid potential plans for strategic reserve
The funds were seized during an investigation into an international hacker group accused of laundering proceeds from data theft through highvalue property.…
‘I claimed Social Security at 62’: At 76, I’m working at Walmart. Why do I still owe payroll taxes?
“It seems like half of the workforce at our local Walmart is over 65.” Source：MarketWatch
From Bitcoin critics to blockchain believers: The 5 biggest crypto backflips
If you can't beat 'em, join 'em. Here are five crypto skeptics who have reluctantly embraced the opportunity of making loads of money with blockchain.…