Markets
A cryptic tweet from Elon Musk sent the price of meme coin Peanut the Squirrel (PNUT) soaring over 12% this week—but blockchain data suggests the rally may have been more smoke than fire. Despite Musk making no mention of PNUT directly, crypto speculators jumped on the vague post, fueling
Finance
FTX’s proposed plan to restrict creditor payouts in dozens of countries, including China, is facing pushback—most notably from a group of Chinese creditors who argue the move is unjustified and unfair. 32d49dcf-4671-4e34-9c58-1649bf0b364c32d49dcf-4671-4e34-9c58-1649bf0b364c.pdf4 MBdownload-circle Weiwei Ji, a Singapore tax resident holding a Chinese passport, filed a formal objection
Markets
U.S. stock markets saw moderate gains on Wednesday, July 9, as the Nasdaq Composite led the charge, buoyed by a remarkable milestone from chipmaker Nvidia. While investor optimism in the tech sector helped lift major indices, uncertainty surrounding new U.S. tariff threats kept broader market sentiment in check.
DeFi
In a stark reminder of the vulnerabilities plaguing decentralized finance (DeFi), GMX, a leading on-chain exchange, has confirmed a $42 million exploit of its V1 GLP pool on the Arbitrum network. The breach, which took place on July 9, marks one of the largest DeFi hacks of the year and
Virtual machines (VMs) are one of those technologies that quietly run the world behind the scenes—powering everything from app development to blockchain to the cloud. But what exactly is a VM, and why does it matter? Whether you're a developer testing code, a crypto user interacting with
DeFi
Emirates, one of the world’s leading airlines, has signed a memorandum of understanding (MoU) with digital asset platform Crypto.com to enable cryptocurrency payments for flights and services. The agreement marks a major step toward integrating blockchain technology into the global travel industry, with implementation expected by the end
Politics
South Korea is taking a major step toward legitimizing its domestic crypto industry by proposing legal changes that would allow cryptocurrency firms to register as official venture companies. The move could open the door to tax breaks, financial support, and greater access to government-backed benefits for virtual asset businesses. On
Markets
GameSquare Holdings (NASDAQ: GAME) saw its shares soar nearly 60% on Tuesday following the announcement of a bold new initiative to build a $100 million Ethereum-based corporate treasury. The move positions the media and entertainment company as one of the few publicly traded firms embracing Ethereum as a core financial
AI
Apple has lost one of its top artificial intelligence leaders to Meta, marking another pivotal moment in the escalating battle for AI supremacy among tech giants. Ruoming Pang, the executive behind Apple Intelligence—the suite of on-device AI features coming to iPhones—has left the Cupertino-based company to join Meta’
Innovation
Polygon is gearing up for a major upgrade to its proof-of-stake (PoS) network, with the highly anticipated Heimdall v2 migration scheduled to take place on July 10. The overhaul aims to significantly reduce transaction finality times to around five seconds while also addressing legacy technical issues that date back to
Struggling to Time the Market? You’re Not Alone Ask any investor—beginner or pro—and they’ll tell you: trying to predict the best time to buy crypto can feel like chasing shadows. The market’s highs and lows are unpredictable, and even seasoned traders get it wrong. That’
Regulation
After years of legal wrangling, the high-profile case challenging the U.S. government's sanctions on crypto mixer Tornado Cash has come to a close—at least in one courtroom. On June 7, the Eleventh Circuit Court of Appeals officially dismissed a lawsuit brought by Coin Center, a leading