Coinbase CEO Brian Armstrong has been knocked out of the ranks of the world’s 500 wealthiest people. According to the Bloomberg Billionaires Index, Armstrong’s net worth has plummeted by over $10 billion from its peak of $17.7 billion just seven months ago. The 43-year-old executive’s fortune now stands at approximately $7.5 billion. The latest blow
On Polymarket, one of the leading cryptocurrency market prediction platforms, investors have begun pricing in their expectations regarding the Fed’s interest rate decision in March. Data from the platform indicates that the market is largely focused on the scenario where interest rates will remain unchanged. According to data from Polymarket, the probability that the Fed
Mrinank Sharma, who led safeguards research at Anthropic, resigned from the AI company yesterday and publicly shared his departure letter. In the letter posted to X, Sharma cited mounting unease over gaps between stated principles and actual decisions at AI organizations and in society more broadly. He described a widening disconnect between ethical commitments and
The tokenized commodities market has risen 53% in less than six weeks to over $6.1 billion, making it the fastest-growing vertical in the real-world asset tokenization market as more gold moves onchain. The tokenized commodities market was valued at just over $4 billion at the start of the year, meaning around $2 billion has been
In a fireside chat at Consensus Hong Kong 2026, Solana Foundation President Lily Liu unpacked her “Internet Capital Markets” vision with moderator Michael Lau, Chairman of Consensus. Liu asserted that blockchains’ true strength lies in finance and markets, not utopian general-purpose tech. Liu envisioned tokenizing all world assets on-chain, enabling seamless access from everyday payments
Industry leaders discussed demand for tokenized real world assets (RWA) during a Consensus Hong Kong 2026 panel featuring Evan Auyang (group president at Animoca Brands), Christian Rau (senior vice president, digital assets and blockchain at Mastercard), Nicola White (VP of crypto institutions, Robinhood), and moderator Marcin Kazmierczak (co-founder, RedStone). The panel echoed BlackRock COO Rob
Americans are carrying more credit card debt than ever. Balances hit $1.28 trillion by the end of last year’s fourth quarter, a $44 billion jump in three months, according to data the Federal Reserve Bank of New York released Tuesday. The year-over-year number looks worse. Balances climbed 5.5% compared to the same period in 2024.
Goldman Sachs announced in its 13F filing for the fourth quarter of 2025 (Q4 2025) that it holds a total of $2.36 billion in crypto assets in its portfolio. The bank stated that crypto investments constitute approximately 0.33% of its total portfolio. According to the data released, the portfolio includes $1.1 billion in Bitcoin, $1
Strategists at State Street, one of the world’s largest asset managers, say the US dollar’s worst run in nearly a decade could deepen if the Federal Reserve eases policy more aggressively than markets expect, which is a distinct possibility following a possible leadership change at the central bank. Speaking at a conference in Miami, State