Oil is facing a supply crunch — and the war in Iran isn’t the only problem
Constraints on Russia’s refining system have added to the existing crisis, strategists at J.P. Morgan said. Source：MarketWatch
Ledger wants AI agents to manage crypto without holding your keys
AI agents can read wallet balances and analyze portfolios but requires every sensitive action to be approved on a Ledger hardware device before it can be…
MoonPay buys Glide to bolster crypto deposits infrastructure
MoonPay acquired Glide, a crypto infrastructure startup founded by former Robinhood Wallet engineers, to expand crosschain crypto deposit infrastructure.…
Retail sales get boost from car buyers and Amazon Prime Day. Economy hasn’t lost its mojo.
Iran war and high inflation have limited impact Source：MarketWatch
Tokenized stocks market cap gains to record $2.3B
The market capitalization of tokenized stocks rose to a record $2.3 billion, as investors sought exposure to the growing list of tokenized equity products…
GE boosts profit outlook, but stock falls as booming order growth cools
GE Aerospace’s stock falls after earnings, again, with recently rapid orderbook growth slowing. Source：MarketWatch
FATF urges faster crypto AML enforcement as stablecoin crime increases
The global task force said criminal networks are using stablecoins and developing proprietary tokens to evade asset freezes as countries struggle to enforce…
‘Respect is important’: If my financial adviser said, ‘Hey,’ my wife and I would walk out. Where do you draw the line?
“I met with a financial representative who was not aware that AT&T was the shortened form of American Telephone and Telegraph.” Source：MarketWatch
Galaxy targets institutional stablecoin yield with new DeFi vaults
The crypto financial services firm launched Galaxy Curator, a Morphobased platform that gives Fireblocks' 2,400 institutional clients access to onchain yield…
The stock market has a ‘Magnificent Seven’ problem — but not the one bears are warning about
Wall Street is terrified of a trilliondollar AI bill — but the payoff is in sight. Source：MarketWatch
ARK pushes back against a16z’s ‘TradFi wants blockchain, not DeFi’ claim
ARK Invest’s director of research disputed a16z crypto’s thesis that traditional finance will adopt permissioned blockchain infrastructure instead of…
Rebooting the internet: inside the open-source project to let AI programs pay each other
The newlyconvened x402 Foundation is a neutral space where competitors and payment methods can work together to create an open standard for AI agentic…