The Fed's First Hike in Three Years Has Markets Repricing for a Tougher Path
With Chair Kevin Warsh delivering the Federal Reserve's first rate hike in three years on September 16, the macro question is no longe...
Intel and SK Hynix Test a US Memory Chip Path as the AI Buildout Outruns Supply
Intel and SK Hynix have opened exploratory talks on US memory chip manufacturing, a signal that the gap between AI demand and high-bandwid...
Crusoe's $3.9 Billion Series F Bets Big on Power as AI Infrastructure Becomes the New Bottleneck
Crusoe has closed a $3.9 billion Series F at a $30.9 billion valuation, a round that positions the company not as another cloud provider b...
Harmony Plans to Sunset Its Mainnet and Move ONE Onto Ethereum
Harmony has proposed shutting down its independent mainnet and migrating the ONE token to Ethereum as an ERC-20, a rare public capitulatio...
Liquid Network’s 4,000-BTC Drain Shows Sidechain Custody Is Still a Single Point of Failure
A federation-wallet vulnerability on the Liquid Network allowed roughly 4,000 bitcoin—about $320 million at prevailing prices—to leave cus...
Beijing’s Fresh $50 Billion Bank Injection Buys Time, Not a Credit Cure
Chinese authorities moved to inject more than $50 billion into banks and insurers, a fresh balance-sheet backstop that underscores how gro...
EverBank’s Reverse Merger With WaFd Builds a $75 Billion Challenger to Regional Giants
EverBank Financial agreed to combine with Pacific Northwest lender WaFd in a reverse merger that would create a roughly $75 billion-asset ...
OpenAI and Microsoft Ask a Judge to End the Times Copyright Fight Before Trial
OpenAI, Microsoft, and a coalition of news publishers including The New York Times filed dueling summary judgment motions in Manhattan, as...
Mistral’s $3.5 Billion Samsung-Led Round Turns Europe’s AI Bet Into Infrastructure
Mistral AI closed a roughly €3 billion ($3.5 billion) Series D led by Samsung Electronics at a valuation above €21 billion, the largest pr...
Standard Chartered Brings Spot Bitcoin Trading to Dubai’s Institutional Market
Standard Chartered is expanding its spot cryptocurrency trading and custody services in Dubai, a move that deepens the bank’s institutiona...
GameFi Leads Crypto Rally as Traders Rotate Into Blockchain Gaming Tokens
GameFi tokens led a broad cryptocurrency rally Thursday, outpacing Bitcoin as investors rotated into blockchain gaming projects in search ...
Oil Stays Near $91 as Middle East Tension Feeds an Inflation Problem the Fed Can’t Ignore
Crude oil prices remain pinned near $91 a barrel as geopolitical tensions in the Middle East sustain a war premium that threatens to compl...