Kraken wins $22M arbitration against former auditor Mazars
The crypto exchange's parent company says Mazars' withdrawal from its 2022 audit caused millions in damages and tied the dispute to Operation Chokepoint 2.0.…
Adobe’s stock is temptingly cheap. Should investors bite?
Adobe has become a polarizing stock in the face of questions about its AI future. Source:MarketWatch
Elon Musk’s Terafab could give a major boost to this corner of the chip sector
SpaceX could spend about $135 billion on waferfab equipment over the next five years, UBS said. Source:MarketWatch
Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain anti-money laundering programs
Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain antimoney laundering programs Source:Federal Reserve
Wednesday’s Fed minutes will be revealing — but not in the way investors hope
Minutes of the Fed’s June meeting will give more insight on how new Fed Chair Kevin Warsh intends to run the central bank. Source:MarketWatch
USDT wins payments, USDC wins DeFi as stablecoins diverge: Dune
Dune data shows Tether's USDT has become crypto’s dominant payments stablecoin while Circle's USDC powers DeFi, highlighting how blockchain choice shapes…
Tether invests in Mercado Bitcoin as blockchain finance expands in Latin America
Mercado Bitcoin will use the funding to expand tokenized finance across Latin America, adding to Tether's growing portfolio of infrastructure investments.…
Trump floats idea of Australia’s retirement system again. But what about Social Security?
The president said his administration was working on a plan based on the Austrialian system, days after the launch of “Trump accounts” for children.…
U.S. SEC to propose crypto rule as soon as this month to ease startups, fundraising
A newly updated agenda from the securities regulator shows socalled Reg Crypto high on its nearterm list. Source:CoinDesk
SEC Forms New Retail Fraud Working Group
The Securities and Exchange Commission today announced the creation of the Retail Fraud Working Group designed to strengthen the Division of Enforcement’s…
Micron’s stock falls as investors wonder if the memory market is near the top
“Most investor feedback continues to point to a skittish AI tape,” one analyst said. Source:MarketWatch
Vanguard opens search for digital assets leader in sign of evolving crypto strategy
The new role would oversee tokenization, stablecoins and blockchain initiatives as Vanguard reassesses digital assets. Source:CoinDesk