Domestic stablecoins could boost demand for dollar-backed tokens: IMF
IMF first deputy managing director Dan Katz says users may favor digital dollars for their liquidity, network effects and crossborder acceptance.…
US court backs Bybit’s bid to trace funds from $1.5B North Korea hack
Expedited discovery allows the exchange to seek account identities, balances and transaction histories from platforms with US operations. Source：Cointelegraph
New XRP Ledger amendments target $530 million in tokenized Wall Street assets
A new XRPL amendment proposal would let institutions encrypt token balances and transfer amounts while still giving issuers, auditors and regulators selective…
The smart way to invest in gold right now as the dollar slips
Also in Weekend Reads: Kevin O’Leary’s investing strategy, a 9% dividend paired with lower stockmarket risk and advice from the Moneyist. Source：MarketWatch
Donald Trump’s media company to terminate Crypto.com deal
The president’s company will unwind an agreement with Crypto.com to create a multibilliondollar CRO treasury and reportedly not integrate prediction markets…
Trump Media pulls back from crypto, scraps Crypto.com's CRO token treasury deal
The Truth Social parent company is refocusing on media and its pending merger with a fusion energy firm, as the digital asset treasury boom has lost its steam.…
Two reasons why Nvidia’s stock saw its biggest weekly surge in more than a year
The chip maker recorded its largestever weekly increase in market capitalization. Source：MarketWatch
US Treasury’s OFAC sanctions 2 Iran-linked crypto exchanges
The US government sanctioned an individual and two crypto exchanges it said facilitated money laundering for a combined $5 million in digital assets linked to…
Trump is trying to fire Lisa Cook again. He still wants to stack the Fed with allies.
Two months after he was blocked by the Supreme Court, President Donald Trump has resumed his effort to oust Federal Reserve governor Lisa Cook as part of an…
Palantir’s stock stages best week since 2024, showing it’s no longer an AI loser
Booming demand for Palantir’s AI solutions is restoring confidence in the company. Source：MarketWatch
Some of the urgency is gone for a Fed rate hike in September after a soft jobs report
The chances of a hike remain, with upcoming inflation reports a key focus for Fed officials. Source：MarketWatch
The size of the American workforce has fallen by over 1 million people in the past year. Here’s what’s going on.
The share of Americans who are working or looking for a job hasn’t been this low since the pandemic, according to a July jobs report full of gut punches.…