FTX to distribute $900M to creditors in fifth payment round
The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from…
How your winning stock-index fund can turn on a dime
Also in Weekend Reads: The changing bond market, housingmarket opportunities and advice from the Moneyist. Source：MarketWatch
Look on the bright side: Energy companies are booming
You can’t beat them. Maybe you should join them. Source：MarketWatch
Chip stocks have entered a bear market. A BofA analyst says not to panic.
The semiconductor sector is undergoing a reset and has a tendency to underperform in the third quarter. Source：MarketWatch
Galaxy lands 15-year Texas Tech stadium naming rights deal
Galaxy Digital will rename Texas Tech’s football stadium under a 15year agreement, expanding its West Texas presence as the state attracts growing crypto…
Consensys unknowingly outsourced developer work to North Korean
Through an introduction with a “reputable thirdparty service provider,“ the company took on a developer who, as part of an investigation, was revealed to be…
Crypto Biz: When dollars disappear, stablecoins step in
Bolivia moves to recognize USDT amid a dollar shortage, while Bitcoin miners’ AI ambitions face fresh investor scrutiny. Source：Cointelegraph
How to find the best mortgage rate — it could save you $3,300 a year
Buyers who skip comparison shopping often end up considerably overpaying for their mortgage. Source：MarketWatch
Stripe and Swift race to control the next generation of global payments infrastructure
Crypto and blockchain experts say this week's moves show the two established finance companies are increasingly competing for control of the infrastructure…
Here’s the net worth you need to start getting ahead in your 20s, 30s, 40s and beyond in the U.S.
About threefourths of Americans lack the wealth needed to prosper in today’s economy, according to a new benchmark developed by the Aspen Institute.…
Bond yields are sending a new signal about Fed rate hikes
The benchmark 10year Treasury is looking like a safety play during a sharp unwind in chip stocks Source：MarketWatch
Cardano hands core development to outside teams in decentralization push
Input Output will transfer control of the Haskell node, Plutus, Hydra and other components as founder Charles Hoskinson says the network must change and start…