Hedge funds forced out of tech stocks may leave the market at the mercy of retail traders
JPMorgan strategists say some big hedgefund groups took heavy hits in the July tech selloff, and they may be buying far less of those stocks going forward.…
SoftBank earnings exceed expectations, even without an OpenAI boost. This U.S. chip company saved the day.
The Japanese company’s investment in Intel paid off. Source：MarketWatch
JPYC raises $38 million Series B led by major Japanese logistics firm AZ-COM Maruwa
The investment brings the company’s total raised to $106 million across seven funding rounds since November 2021. Source：CoinDesk
Situational Awareness returns with $400M investment after nearly collapsing: Report
Situational Awareness reportedly made a $400 million investment in an undisclosed company, days after the hedge fund nearly collapsed following July’s AI stock…
RWAs buck DeFi slowdown as tokenized assets gain traction: CoinShares
Tokenized realworld assets moved beyond issuance as RWA deposits more than tripled to $7.4 billion, while lending and trading activity expanded despite a…
NFT startup founder charged with misusing funds from $10 million fundraising
Federal prosecutors say Taj Tarsha misled backers and used investor funds for personal expenses. Source：CoinDesk
SpaceX insiders get their first chance to cash out — but the stock’s slide will limit their opportunity
Up to 911.5 million SpaceX shares will become available for sale Thursday, but a separate tranche of up to 455.8 million shares will stay locked up due to the…
Bill Cosby takes $6 million New York City home off the market
Actor Bill Cosby has again removed his New York City townhouse from the market—weeks after canceling a deposition in an ongoing $60 million rape case because…
Yen stablecoin issuer JPYC’s Series B reaches $38M
JPYC said it plans to use the new capital to expand its financial and Web3 ecosystem and accelerate adoption of its yenpegged token. Source：Cointelegraph
Live updates: Bitcoin nears $65,000 as oil, inflation hopes keep macro bid alive
Trump’s comments on jobs, inflation and a possible Strait of Hormuz deal have helped risk sentiment, but bitcoin’s next move depends on whether lower oil…
Bitcoin developers flag 85 critical bugs in an "extremely bad" situation
A volunteer group running AI models against bitcoin codebases says it is averaging roughly one critical bug per hour per person, at about $10,000 a day in…
Fed’s Cook says she’d support rate hike if disinflation stalls
Federal Reserve Governor Lisa Cook said she is “prepared to act” if inflation remains too high above the Fed’s target rate. Source：Cointelegraph