A $10m SOFR options win on “higher for longer” rates shows where real money is made upstream of crypto, as oil‑driven inflation forces markets to kill early Fed cuts. Summary A trader reportedly made about $10 million this month on SOFR‑linked options initiated in January, effectively shorting the market’s dovish Fed path. Surging oil and
Story Highlights BlockStories data shows 8 of Europe’s 20 largest banks have live crypto services. MiCA gave banks the legal cover, but it was client capital flowing to Revolut and Trade Republic that forced their hand. A consortium of 12 banks including BNP Paribas, ING and UniCredit is building a euro-backed stablecoin. Four years ago,
Ironlight Group has raised $21 million in a Series A round to expand infrastructure for tokenized securities, joining a rapidly growing sector that aims to bring traditional financial assets onto blockchain networks. The financing was backed by senior Wall Street executives including former TD Bank President and CEO Greg Braca, alongside institutional investors such as
21Shares AG, the Swiss issuer of cryptocurrency exchange-traded products (ETP), has announced a significant breakthrough. 21Shares AG, a Swiss issuer of cryptocurrency exchange-traded products (ETP), has announced a significant development for four of its main ETPs linked to bitcoin and ethereum. These products, listed on the London Stock Exchange, will undergo an update of their
Shares of stablecoin issuer Circle (CRCL) have surged more than 100% over the past month, turning what many investors once viewed as one of the most conservative corners of crypto into one of the market’s hottest trades. The rally gained momentum Monday, with the stock climbing another 8% to $124.37, outpacing other crypto-linked equities. Meanwhile,
US President Donald Trump, in a statement regarding developments in the Middle East, said that US attacks against Iran have yielded significant results and that military operations in the region are continuing. During a press conference, Trump stated that the targets were specifically Iran’s energy infrastructure and naval power. Trump stated that Kharg Island, one
Alto Neuroscience, a clinical-stage biopharmaceutical company focused on neuropsychiatric disorders, has secured $120 million from institutional and accredited investors to advance ALTO-207, a fixed-dose combination targeting treatment-resistant depression. ALTO-207 is a novel therapy for treatment-resistant depression that pairs pramipexole, a dopamine receptor agonist, with ondansetron. The combination is designed to enhance antidepressant effects in patients
Abra, a digital asset wealth management platform, will transition into a publicly traded company through a merger with New Providence Acquisition Corp. III. The combined entity, Abra Financial, is expected to trade on Nasdaq under the ticker ABRX. The transaction sets Abra’s pre-money valuation at $750 million and allows existing stockholders, including Adams Street, Blockchain
AI agents have now claimed over 9,200 jobs in 2026. Companies like Block explicitly link their layoffs to automation. The workforce is changing faster than most expected. A new report from RationalFX tracked 45,363 tech layoffs worldwide since January. Roughly 20% of those cuts trace directly to AI implementation and organizational restructuring. How to Protect