The US Treasury slapped Amidi, LLC with a $200,000 penalty for not reporting a stake of about $92,478 held by its Chinese fund in a Shanghai robotics AI firm. Penalty runs more than twice the investment, first under rules screening American money into sensitive Chinese tech. Amidi’s offshore fund backed Noematrix on April 19, 2025
US spot Ether exchange-traded funds bled for a sixth straight session Tuesday, losing around $408 million during the stretch. Spot Bitcoin funds recovered the same day with $119 million of new money. ETHA’s $201.89 million exit was the largest since September 16 Ether funds were down $201.89 million on Tuesday, a sixth consecutive session in
Most Federal Reserve officials viewed another interest rate increase as likely appropriate by year end, according to minutes of the September 15 and 16 meeting, as persistent inflation and resilient growth supported further tightening. All participants backed September’s quarter percentage point increase, which lifted the federal funds target range to 3.75% to 4%. Officials generally
Forget stocks — U.S. investors are more interested in upping their bitcoin holdings, according to new research. Charles Schwab’s 2026 Modern Wealth Survey dropped on Wednesday, and showed that current cryptocurrency investors want to keep adding to their holdings. The research revealed that a total of six in 10 plan to invest more over the
The COIN stock price hovered at $178.37 after falling 3.97% during October 7 trading. The 2:30 p.m. EDT reading showed Coinbase Global under pressure, with the session still open. Know when yourcoins moveAlerts, real-time prices, and market news — all in one app 4.8 based on 40K reviews in the App Store and Google Play
Crypto market maker GSR launched Hare, a vault-curation business built with Turtle, on Oct. 7, committing $100 million of its own capital to products that will start with stablecoins and tokenized gold. GSR’s money is intended to sit alongside outside investors’ deposits. Hare CEO Connor Milner told CoinDesk that “allocators see GSR’s own capital in
The Federal Reserve has released the minutes of its September Federal Open Market Committee (FOMC) meeting. The minutes revealed that a majority of Fed officials believe another interest rate hike before the end of 2026 would be likely appropriate. According to the minutes, all members present at the meeting supported a 25 basis point increase
JLTXX has emerged as a frontrunner in the tokenized U.S. Treasury bill market, reporting a remarkable growth of $159.4 million over the past week. This surge highlights a growing investor interest in tokenized assets, as noted by CryptoTwitter commentator @tokenterminal. The momentum indicates that traders are increasingly looking toward innovative financial instruments to diversify their
Your Mortgage Has a Back Office. Valon Raised $150 Million to Bring AI Into It. Making a mortgage payment takes a few clicks. Behind that payment is a long list of jobs: updating the loan balance, accounting for interest, setting aside money for property taxes and insurance, and making sure the records match. Valon is
Wall Street’s traditional wealth-creation opportunities, such as company stocks, remain largely inaccessible to the investing public until they list on exchanges, meaning that retail participants miss the most significant pre-listing gains, according to Hyperliquid co-founder and CEO Jeff Yan. “Some assets are only tradable by a few people for many orders of magnitude of its