The timeline for when President Trump will name a new Federal Reserve chair is uncertain. Jerome Powell, the current chair, will end his term in May 2026, and Trump is reportedly preparing to announce a successor soon, according to U.S. Treasury Secretary Scott Bessent. Summary Trump is expected to announce Jerome Powell’s successor before Christmas,
8 December 2025 – Tether Investments announced today an investment in Generative Bionics, the largest spinoff in the history of IIT (the Italian Institute of Technology) and one of the largest research spinoffs in Europe, to support the development of a new generation of intelligent humanoid robots built for industrial scale performance, human-centric interaction and
Cwallet announced a new integration with Kava and immediately added one of the fastest and most interoperable blockchains to its expanding Web3 finance ecosystem. With this partnership, users will now be able to send, receive, trade, swap, and buy or sell KAVA tokens all within Cwallet, without needing to leave the Cwallet platform. 🚀 Announcing
Zero-knowledge proof (ZK-proof) coprocessor Brevis launched its marketplace, allowing users to earn by computing ZK-proofs. According to a Monday Brevis announcement, the “ProverNet” decentralized physical infrastructure (DePIN) network allows applications to access ZK-proof proving capacity and computing providers to earn money by computing proofs. Currently, the network uses Circle’s USDC (USDC) stablecoin as the native
Tether-backed Stable protocol has launched its USDT-powered blockchain, StableChain, alongside a new governance foundation and a native token. According to the protocol, the new layer-1 network is designed for stablecoin transactions and relies on Tether’s USDt (USDT) for gas fees payments, removing the need for volatile assets to process payments. Alongside the mainnet debut, Stable
U.S. Labor Department has scrapped the October Producer Price Index (PPI) inflation report after not gathering the needed information during the government funding lapse. Hence, markets are experiencing a void in essential information about inflation which normally provides basis on the rate decisions expectations.
A recent report by the Blockchain Research Lab examines the advantages of tokenized gold versus current leveraged paper gold platforms, predicting that tokenization will prompt gold investors to exit the legacy system and destabilize global gold institutions. Tokenized Gold to Cause Liquidity Crisis as Investors Shift The Facts A recent report by the Blockchain Research
Cardano founder Charles Hoskinson says quantum threats to blockchain are overstated today. He argues the industry already knows how to build quantum-resistant systems, but lacks efficiency and hardware alignment to switch. In a recent podcast discussion, he described quantum as “a big red herring,” adding that real urgency will come only when military-grade quantum benchmarks
Ahead of the Fed’s interest rate meeting this week, White House National Economic Council Director Kevin Hassett, who is seen by markets as the new Fed Chair candidate, delivered striking messages on CNBC’s Squawk Box program regarding monetary policy, inflation, the “affordability” agenda, and President Donald Trump’s economic and artificial intelligence plans. Hassett stated that
Key Takeaways Polymarket now supports native MON and USDC deposits via the Monad network. Users benefit from faster deposit processing and improved experience. Polymarket, a decentralized prediction market platform, today added native deposit support for Monad, a high-performance layer-1 blockchain designed for fast transaction processing and scalability. The integration allows users to deposit MON and