‘Picks and shovels’ trade comes unstuck as AI hardware stocks plunge on competitive threat from China
Asian stocks sold off sharply on Tuesday amid reports that China is now capable of manufacturing DUV lithography machines. Source：MarketWatch
Garden Finance disables app as Blockaid reports $450,000 exploit
Garden Finance said no user funds or smart contracts were affected after an attacker compromised an independent solver’s offchain database and inserted…
CLARITY hopes fade, BitMEX shuts as lawsuit looms: Hodler’s Digest, July 26
Despite support from Goldman Sachs, Fidelity and law enforcement bodies, the Clarity Act’s chances dim. BitMEX to close as crypto consolidates into five big…
World Foundation raises $52.5M in Pantera-led funding to expand World ID infrastructure
The organization sold locked WLD tokens to strategic investors as it seeks to grow its biometric identity network amid rising demand for human verification…
Pay raises keep shrinking. Here’s how much smaller they’ll be next year.
One solution is getting a different job — but that’s not so simple. Source：MarketWatch
‘I’m still confused’: I sold $80,000 in shares on June 30, so why didn’t I receive my dividend?
“To my surprise, the proceeds from the sale were credited to my moneymarket settlement fund.” Source：MarketWatch
As BitMEX exits, analysts warn crypto consolidation is accelerating
BitMEX’s shutdown marks the end of one of crypto’s earliest derivatives exchanges as analysts point to rising regulatory costs, market concentration and the…
Goldman Sachs CEO backs ‘not perfect’ CLARITY Act as vote expected soon
Goldman chief David Solomon will support the crypto market structure bill now in Congress, even as financial companies and banks are hesitant over provisions…
Abu Dhabi's Mubadala Capital joins tokenization push as Coinbase takes stake in onchain fund
The sovereign wealthbacked asset manager tapped KAIO to bring one of its private market funds onchain across Base, Solana and Sui networks. Source：CoinDesk
Galaxy pledges $5M for developers quantum-proofing Bitcoin
Galaxy pledged up to $5 million in grants for developers working on Bitcoin’s quantum security and elected a council of quantumadvisory experts to research…
Why energy stocks still look so cheap, even after their big rally this month
Energy stocks are having a big month as oil prices surge on Iran war fears — but it’s not solely the conflict in the Middle East that makes the sector appear…
Oil prices may fall, but gasoline prices won’t. Look at the trap we’re in.
The Iran war isn’t causing your energy bill to soar. Blame Wall Street for that. Source：MarketWatch