AI is infiltrating every layer of society, finance included. What began as asking ChatGPT about your deepest money worries has rapidly evolved into agents capable of reasoning, executing and coordinating across markets with minimal human intervention. The pace of change at the intersection of AI and finance is daily, not weekly. Goldman Sachs has warned…
Cracks in the global private credit market are rattling investors, raising concerns the stress could spill into crypto markets. Bloomberg reported Friday that BlackRock’s $26 billion private credit fund has begun limiting withdrawals amid rising redemption requests. The move follows similar stress at Blue Owl, which sold $1.4 billion in loans last month to meet…
Strike received a BitLicense and money transmitter license from the New York State Department of Financial Services, clearing the way for the bitcoin BTC$70,108.81 financial services firm to operate in the state. “Receiving our BitLicense is a defining milestone for Strike,” said Jack Mallers, founder and CEO of Strike. “With our BitLicense, we can now…
Bitcoin BTC$70,614.48 and global equity markets have stabilized after an early-week sell-off and oil price spike that was triggered by the outbreak of military conflict between the U.S., Israel, and Iran. Bond markets, however, are signaling caution, as rising yields signal renewed inflation concerns and dwindling bets on Fed rate cuts. BTC, the leading cryptocurrency…
Crypto exchange OKX, which was just valued at $25 billion after a strategic investment from New York Stock Exchange (NYSE) parent Intercontinental Exchange (ICE), is launching a social network built directly into its trading app, the latest example of social media and digital asset platforms converging as traders increasingly rely on online communities for market…
The U.S. Federal Reserve and other regulators told bankers that they need to maintain the same amount of capital to back tokenized securities as they do regulator securities. “The technologies used to issue and transact in a security do not generally impact its capital treatment,” according to the agencies, also including the Office of the…
The U.S. Securities and Exchange Commission reached a settlement with Tron and founder Justin Sun on Thursday, the SEC said in a court filing. Under the terms of the settlement, Rainberry Inc., one of the companies associated with the Tron network, will pay a $10 million fine and be barred from future violations of securities…
Short seller Culper Research is betting against ether (ETH) and ETH-linked stocks such as BitMine (BMNR), arguing that the network’s economics deteriorated following Ethereum’s latest network upgrade. The firm said in a Thursday report that the December 2025 upgrade dubbed Fusaka flooded the network with excess blockspace and has “impaired ETH tokenomics.” That drove transaction…
Ripple, the blockchain firm closely associated with the XRP Ledger (XRP) network, said Thursday that clients on its Ripple Prime platform can now trade the full range of crypto futures listed on Coinbase Derivatives. The move gives institutions a new way to access regulated crypto derivatives within a market overseen by the Commodity Futures Trading…
French authorities arrested John “Lick” Daghita, who allegedly stole tens of millions in crypto from the U.S. government. In an X post on Thursday, FBI Director Kash Patel confirmed Daghita had been arrested on Wednesday on the island of Saint Martin in a joint FBI and French Gendarmerie operation. In his social media post, Patel…
