South Korea’s Jeonbuk Bank taps Ripple for cross-border payments
Ripple is bringing its crossborder payments platform to Jeonbuk Bank, but key details including its launch status and settlement asset remain undisclosed.…
Kraken parent Payward joins Anthropic’s Project Glasswing for AI security push
Payward will use Anthropic’s cybersecurity model to hunt vulnerabilities and share opensource findings. Source:CoinDesk
There’s a 49% chance the Dow will finish this year up double digits. Here’s why.
We’ve seen three years in a row of doubledigit gains. Will there be a fourth? Source:MarketWatch
The number of ‘negative-beta’ stocks in the S&P 500 just hit a new record high. What that means for investors.
Here’s another factoid that should get the AI bears excited: Stocks in the S&P 500 are increasingly trading in opposite directions on a given day. That means…
SpaceX’s stock is rising, and that’s a good sign for Nvidia and Google
Some big names saw sizable paper gains on their SpaceX stakes when the stock went public, but trading has been volatile since then. Source:MarketWatch
Saylor says share buyback isn’t priority as Strategy builds $4.8 billion cash reserve
Strategy is prioritizing STRC, cash reserves, and its credit business over stock buybacks, Executive Chairman Michael Saylor said Monday. Source:CoinDesk
CFTC seeks public input on AI compute futures contracts as CME eyes October launch
The regulatory review could shape an emerging market that lets companies and investors trade and hedge the cost of increasingly scarce AI computing power.…
BitMart founder dismisses calls for audit as users report blocked funds, unpaid employees
Sheldon Lee said a Chineselanguage X account making the claims was hacked. Users want wallets, assets and liabilities disclosed. Source:CoinDesk
Apple’s stock could rise 30% if it strikes an Nvidia deal for AI, this analyst says
A Rothschild analyst suggests Apple could improve upon its ‘subpar’ AI efforts by deploying Nvidia’s opensource models. Source:MarketWatch
Compound bets $52 million, new leadership team in switch to institutional focus
The protocol pioneered decentralized finance lending, but assets locked have tumbled from a peak five years ago. Now it's looking to attract institutions after…
Micron, Sandisk and other chip stocks climb as investors get more confident about AI spending
AI companies are seeing improved financial performance, according to reports, and memorychip companies may be able to better fend off Chinese competition with…
Most investors are making the same costly mistake — and it has nothing to do with picking the wrong stocks
Studies showing younger investors believe gambling is a reasonable path to wealth creation, and not all that different from investing, “concerns me deeply,”…