News

Companies · 1 month ago Nebius Reports 514% Surge in Q2 2026 Cloud Sales Driven by AI Demand Nebius Group announced a 514% increase in cloud sales for Q2 2026, reflecting the growing demand for AI services, although this marks a deceleration from previous quarters.

Funding · 1 month ago Swiss Federal Council Proposes Mandatory Bonus Deferral for Bank Executives In response to the Credit Suisse collapse, Switzerland's Federal Council has proposed mandatory bonus deferrals for top banking executives as part of a broader regulatory reform package.

Macro · 1 month ago Pimco's CIO Sees Overblown Market Anxiety Over Fed's Inflation Strategy Marc Seidner, Pimco's Chief Investment Officer, argues that concerns over the Federal Reserve's credibility in tackling inflation are exaggerated, suggesting current Treasury yields are an attractive investment opportunity.

Macro · 1 month ago Bank of Japan and US Diverge on Monetary Policy After Yen Intervention The Bank of Japan faces internal divisions and external pressure from the US regarding future monetary policy, following a significant currency intervention to stabilize the yen.

Policy · 1 month ago Regulatory Landscape for Crypto Faces Uncertainty Amid Legislative Developments The crypto industry is experiencing a mix of regulatory support and uncertainty as agencies like the SEC and CFTC move forward with rulemaking without Congressional approval, raising concerns about the permanence of these measures.

Macro · 1 month ago Norges Bank CEO Warns of AI Bubble Risks Amid Record Fund Returns Nicolai Tangen, CEO of Norway's sovereign wealth fund, expresses concern over inflated AI valuations despite achieving record returns in the first half of 2026.

Compliance · 1 month ago Kalshi Faces Legal Challenges from FlightAware and New York Attorney General Prediction market platform Kalshi is embroiled in legal disputes with FlightAware over data use and with New York's Attorney General regarding its operations.

Macro · 1 month ago US July CPI Report Anticipated to Show Modest Inflation Changes The US Bureau of Labor Statistics will release the July Consumer Price Index data on August 12, with expectations of slight declines in both headline and core inflation rates.

Macro · 1 month ago IEA and OPEC Revise 2026 Oil Demand Forecasts Amid Geopolitical Tensions The IEA and OPEC have both adjusted their 2026 oil demand forecasts downward, reflecting concerns over geopolitical tensions affecting supply dynamics, particularly in the Strait of Hormuz.

Companies · 1 month ago Brad Lightcap Leaves OpenAI After Eight Years to Pursue New Venture Brad Lightcap, a key executive at OpenAI, has announced his departure after eight years to start a new venture, amidst a wave of leadership changes at the AI firm.

Mining · 1 month ago Ripple's Former CTO Warns Bitcoin Miners of Consequences of Cheating David Schwartz, ex-CTO of Ripple, highlights the risks for Bitcoin miners engaging in double spending, suggesting that economic nodes could retaliate by forking the network.

Companies · 1 month ago US Sanctions Dubai-Based Crypto Exchange Shelbit for Iran Transactions The United States has imposed sanctions on Dubai's Shelbit exchange for allegedly facilitating transactions for Iran's Islamic Revolutionary Guard Corps, intensifying financial pressure on Iran amid ongoing tensions.

Hacks & Exploits · 1 month ago Russia Imports Over $1B in Strategic Minerals for Military Use, Primarily from China A report reveals that Russia imported over $1.1 billion in strategic minerals for its military, primarily from China, highlighting vulnerabilities in its supply chain amid ongoing sanctions.

Hacks & Exploits · 1 month ago Harmony Network Faces Crisis as Exploit Mints 4 Billion ONE Tokens Harmony's native token, ONE, plummeted to a record low following an exploit that minted approximately 4 billion tokens without authorization, representing 26% of its total supply.

Stablecoins · 1 month ago Bank of England Collaborates with NOBO, Polygon Labs, and Dun & Bradstreet for Digital Pound Pilot The Bank of England has enlisted NOBO Finance, Polygon Labs, and Dun & Bradstreet to explore the integration of stablecoins and a digital pound in enhancing trade finance for SMEs.

Markets · 1 month ago Bitget Enhances CFD Trading with Institutional-Grade Liquidity Solutions Bitget has launched Institutional-Grade Liquidity Solutions for its CFD trading, targeting professional traders and institutions with advanced liquidity and execution capabilities.

Spot & ETFs · 1 month ago National Bank of Canada Reports Holdings in XRP and Bitcoin ETFs The National Bank of Canada has disclosed its holdings in XRP and Bitcoin ETFs, revealing a growing institutional interest in cryptocurrency investment products.

Hacks & Exploits · 1 month ago Binance Security Chief Addresses Quantum Computing Threats to Crypto Binance's Chief Security Officer, Jimmy Su, emphasizes that quantum computing is not currently a threat to crypto security, highlighting phishing and malware as the primary risks.

Compliance · 1 month ago CFTC and SEC Sue Goliath Ventures for $400 Million Ponzi Scheme The CFTC and SEC have filed parallel lawsuits against Goliath Ventures and its CEO, Christopher Delgado, alleging a Ponzi scheme that defrauded investors of nearly $400 million.

Markets · 1 month ago South Korea Experiences $6.2 Billion Outflow as Investors Shift Focus In August, foreign investors withdrew $6.2 billion from South Korean stocks, signaling a broader trend of capital rotation towards markets perceived as steadier amid AI volatility.