The IMF has raised concerns about increasing risks within financial markets, particularly due to advancements in AI, rising bond yields, and the growing threat of cyberattacks. In a recent tweet, the organization emphasized that while markets remain resilient, proactive policies are necessary to prevent larger shocks. This outlook underscores the urgency for regulators and financial
The Bank for International Settlements (BIS) said digital cash can offer privacy properties similar to cash, but highlighted remaining risks, including how potential bank data breaches may expose users’ personal data. While digital cash can achieve “cash-like privacy,” the technology stack is not yet “production ready,” wrote BIS in its Project Aurum Phase 2 report,
Federated Hermes (FHI), the Pittsburgh-based investment manager overseeing $911 billion in assets, plans to issue its first tokenized fund shares early next year, joining Wall Street’s growing push to bring traditional investments onto blockchain rails. The asset manager has partnered with plans to make the upcoming products available through traditional brokerages and financial advisers alongside
Metaplanet will issue 52 billion yen ($329 million) in zero-coupon, euro-yen convertible bonds due in 2031. Japanese investment and Bitcoin treasury company plans to use about 23.6 billion yen ($149 million) of the net proceeds to repay Bitcoin-collateralized loans and about 28.3 billion yen ($179 million) for share buybacks, according to a Tuesday announcement. The
Bitmine Chairman Tom Lee warned that the sharp decline in the South Korean stock market could negatively impact the cryptocurrency market. Lee specifically noted that forced sell-offs stemming from margin trading could put pressure on crypto assets in the short term. Lee, commenting on the situation via the social media platform X, stated that forced
Traders betting on SanDisk lost more to forced liquidations over the past 24 hours than traders betting on $XRP — a sign of how much leverage on crypto exchanges now sits on chip stocks. About $803 million in leveraged positions were liquidated across 10 exchanges, according to CoinGlass. A liquidation happens when an exchange forcibly
In a week of tumbling crypto prices, DeFi Development Corp. (Nasdaq: DFDV) just kept buying Solana to put in its treasury. During that time, the company’s common stock fell about 21% while its CHAD preferred shares hit record highs. DeFi Development’s treasury hits 2,586,282 tokens, up 12% since August The Boca Raton company acquired approximately
THORChain garnered ~$404,600 in swap fees between October 5 and 11. The total is more than twice the ~$191,500 it earned the week prior to its spike in September, and no exploit-related money flowed through the protocol. Ethereum leads the latest seven days with $129,183 DeFiLlama shows $404,608 in 7-day fees for the cross-chain swap
The Federal Reserve is preparing for another round of interest rate hikes, and central banks worldwide are moving in the same direction. Inflation is still causing problems, borrowing costs remain painful, and policymakers are increasingly convinced that keeping money expensive might be necessary. Anyone hoping interest rates would quickly return to pre-pandemic levels might want