Lemon, a leading Argentina-based cryptocurrency exchange, has raised $20 million in its Series B funding round as the country attracts the interest of international capital. Marcelo Cavazzoli, founder and CEO of Lemon, declared that his next goal was to start operations in all of Latam. Argentina-Based Crypto Exchange Lemon Raises $20 Million in Series B
Securitize, the tokenization platform behind several major blockchain-based investment products, including BlackRock’s tokenized US Treasury fund, is reportedly in talks with Cantor Fitzgerald to go public via a Special Purpose Acquisition Company (SPAC). Bloomberg reported Friday, citing anonymous sources, that Securitize is in discussions to merge with Cantor Equity Partners II Inc., a blank-check firm
Treasury Secretary Scott Bessent has reduced the crowded field for the Federal Reserve chair down to five contenders after a series of long interviews, some running for two hours. The cut from 11 candidates to 5, announced late this week, marks the most important step yet in a process that will stretch into early next
U.S. stocks opened higher on Friday as Wall Street set its eyes on a positive weekly close, with the Dow Jones Industrial Average up 180 points despite the government shutdown extending into day 10. Summary Stocks traded higher on Friday as Wall Street looked to end the week on a winning note. Dow was up
Standard Chartered’s recent research warned that stablecoins could drain up to $1 trillion from emerging market (EM) banks over the next three years as savers flock to digital dollar assets. While that figure represents only around 2% of total deposits across the most vulnerable economies, the structural implications could be historic. Experts Weigh in on
The United States has finalized a $20 billion currency swap agreement with Argentina in one of the Trump administration’s most direct interventions to stabilize a foreign economy since he returned to the Oval Office. Treasury Secretary Scott Bessent announced the deal on Thursday after four days of close discussions in Buenos Aires. “The US Treasury
A report from The Guardian has detailed how Christopher Harborne, a shareholder in DigFinex, the parent company of Bitfinex and Tether, and a large donor to Boris Johnson, traveled with Johnson on a trip to Ukraine. This report was based on the “Boris Files,” a collection of files purportedly hacked from Johnson’s office and shared
Fed Governor Chris Waller has again expressed support for additional Fed rate cuts. However, he called for caution on the magnitude of the cuts due to mixed economic signals regarding inflation and the labor market. Meanwhile, the crypto market is currently pricing in an additional 25 basis points (bps) rate cuts at both the October
The organizers of the Nobel Peace Prize are investigating whether insiders used privileged information about this year’s winner to profit on crypto prediction market Polymarket, according to local reports. Roughly 11 hours before the closely watched award was given to Venezuelan resistance leader Maria Corina Machado this morning, the odds of her victory surged from
Global markets have experienced sharp fluctuations after US President Donald Trump threatened a “massive tariff increase” on products imported from China. Trump, in a post on Truth Social, stated that China was planning to impose export restrictions on rare earth elements and other critical manufacturing components, and that they could impose an “unprecedented tax increase”