US plans to seize $1B in crypto linked to Iran this week: Scott Bessent
The Treasury Department has announced several digital asset seizures related to sanctions on Iran as part of US sanctions.
Varyante
New York permanently bars Celsius founder Mashinsky in $35M fraud settlement
The agreement resolves a 2023 civil fraud lawsuit against the Celsius founder and permanently bars him from the cryptocurrency, securities and commodities industries.
Country music star Zach Bryan buys $18 million, 40-acre Tennessee estate after getting married
Country star Zach Bryan has reportedly forked over $18.25 million for a sprawling estate in Franklin, Tenn.—months after tying the knot with Samantha Leonard.
THORChain exec accuses Tether of temporarily freezing USDT vaults
Chad Barraford, technical co-founder of the network, said that the funds were frozen and then unfrozen without explanation.
Elon Musk is now richer than any American ever — and it’s not even close
Musk’s trillioniare status means he’s wealthier than his next three contemporaries combined — and also worth more than historical tycoons like John D. Rockefeller.
Hurricane Isaias to ‘stress test’ oil markets already hobbled by tight fuel supplies
Supply disruptions during the Atlantic hurricane season usually end up being a blip. This year could be very different.
‘I feel like a loser’: I check my ETFs every day. They’re up one minute, down the next. Should I be worried?
“I presume these are sophisticated investors taking a profit.”
Microsoft is nearing a big milestone that solidifies its revival
Microsoft is close to reclaiming a $4 trillion market cap — and fresh records are also in sight.
Why you need to take a closer look at your favorite stock index
Also in Weekend Reads: A positive case for the bond market, how prediction markets can pull you in, and a warning to those who benefit from GLP-1s.
Japan's economy grows at annualized 2.1% rate in first quarter, beating expectations
GDP rose by 2.1% on an annualized basis, compared with Reuters-polled analysts' average estimate of 1.7%, and against 1.3% in the previous quarter. On a quarter-on-quarter basis, the economy expanded ...
Trump economy at 18 months is a tale of shocks, resilience, and signs of stalled progress
WASHINGTON, July 27 (Reuters) - The first 18 months of President Donald Trump's second term in the White House have seen a series of policy-driven economic shocks, highlighted by the immigration ...
Goldman Sachs rethinks US economy as interest rates stay higher
Goldman Sachs examines how higher interest rates could reshape the U.S. economy, with housing, consumer spending, and ...
Americans’ feelings about the economy continue to worsen
“Frustration over cost-of-living continues to mount, as consumers across the political spectrum believe that the trajectory ...
HSBC, Ant Digital test AI-agent payments using tokenized deposits
The technical trial showed how AI agents could discover services and make micropayments using HSBC’s tokenized deposits, with real-time settlement and risk checks.
Bitmine's Relentless Ethereum Buying Is About to End, Tom Lee Says
Bitmine chairman Tom Lee said at Token2049 the company will stop buying Ethereum once it holds 5% of circulating supply.
Ledger investigates fund losses linked to Southeast Asian reseller, warns users
Hardware wallet maker Ledger probes losses tied to reseller CryptoBilis, as researchers separately estimate more than $72 million to $86 million in suspected crypto thefts.
Famous Astronaut Buzz Aldrin Is In A Very Sad Legal War With His Children Over His Foundation’s Finances
The astronaut is being examined for mental competency as part of a lawsuit for control of his legacy. “It's the saddest thing that ever happened in my family,” he said.
Diane Von Furstenberg Fuels IPO Speculation
The brand is figuring out how to translate itself into the future. Whether that involves going public remains to be seen, but the designer dropped some hints today.
Blockchain.com pursues CFTC approval for prediction markets: CNBC
The crypto company has reportedly applied for two licenses with the US commodities regulatory as the courts weigh prediction markets cases.
Crypto Biz: Wealthy investors are buying crypto, but their advisers aren’t sold
Wealthy investors are embracing crypto faster than their advisers, while OKX attracts new funding and Strategy shifts more capital toward preferred stock buybacks.