FG Nexus has announced that it will be implementing a 1-for-5 reverse stock split in an effort to attract institutional investors and improve its trading liquidity despite its low price. To remedy its falling stock value and attract institutional interest, FG Nexus has announced that it will be implementing a reverse stock split, reducing its
When markets get tough, as crypto did at the end of January, investment companies need all the help they can get to make the right decisions, fast. No surprise, then, that many are turning to AI, the shiniest new weapon in the arsenal, to analyze and suggest ways of minimizing losses and even making a
American billionaire and hedge fund manager Ray Dalio has warned that central bank digital currencies (CBDCs) are coming, which will offer benefits but also potentially allow governments to exert more control over people’s finances. “I think it will be done,” said Dalio on CBDCs in a wide-ranging interview on the Tucker Carlson Show on Monday,
Financial technology trade groups, led by the American Fintech Council, are urging the Federal Reserve to move forward with a plan that would give certain non-bank financial firms direct access to U.S. payment rails. “A well-designed payment account can expand competition and responsible innovation in payments without introducing new risk,” Phil Goldfeder, CEO of the
Coinbase’s “Everything App,” Base App, is sunsetting its Creator Rewards program and Farcaster-powered social feed as part of a strategic shift to focus entirely on tradable assets. The Creator Rewards program was launched in July and was intended to make Ethereum layer 2 Base a more social ecosystem, where activity and engagement translated into earnings.
World Liberty Financial ($WLFI) has generated at least $1.4 billion for the Trump and Witkoff families since November 2024, far surpassing the cash generated by Donald Trump’s real estate empire over an eight-year period. Summary World Liberty Financial has generated at least $1.4 billion for the Trump and Witkoff families since late 2024. Most $WLFI
The FCA has announced that it will be publishing hidden trading data in order to combat the negative effects of underreporting on the London Stock Exchange. The data the FCA will be publishing covers a large portion of the market and includes trades completed in dark pools and private platforms. The regulator believes that present
Trump-linked $WLFI mints billions for the Trump family as UAE cash and Binance deals turbocharge a token structure that leaves many investors underwater. Summary $WLFI’s float near $0.11 on Binance implies roughly $2.94B market cap on a 24.66B circulating supply, after raising over $550M for a “stablecoin‑centric” DeFi push. A UAE‑backed firm bought 49% of
OpenAI has started testing ads inside ChatGPT for Free and Go users in the United States, marking the first monetization push through advertising for its AI chatbot. The test excludes users on Plus, Pro, Business, Enterprise, and Education plans. We’re starting to roll out a test for ads in ChatGPT today to a subset of