US President Donald Trump has narrowed down his list of candidates to replace Jerome Powell as the new Fed Chair. Trump’s shortlist includes White House economic advisor Kevin Hassett, former Fed member Kevin Warsh and current Fed member Christopher Waller. Speaking to reporters at the White House, Trump said he was considering Treasury Secretary Scott
AI firm Showrunner plans to “reconstruct” 43 missing minutes of footage from Orson Welles’ 1942 classic “The Magnificent Ambersons” using artificial intelligence. Per a report in trade paper The Hollywood Reporter, Showrunner will use a combination of AI tools and conventional filmmaking techniques to assemble its interpretation of the missing footage, using archived set photos
Tokenization is the next big step in how financial assets are housed, and offers advantages over existing traditional structures, Wall Street firm Bank of America (BAC) said in a Friday report, noting that it also brings risks. At its core, tokenization is the process of converting ownership of real-world assets, from stocks and bonds to
Stripe CEO Patrick Collison said stablecoins are gaining adoption because they offer businesses faster, cheaper and more reliable payments than traditional systems. His remarks came in a Hacker News thread on Sept. 5, 2025, one day after Stripe and Paradigm launched Tempo, a blockchain designed specifically for stablecoin payments. In his first comment on the
Michael Saylor, the renowned Bitcoin advocate and the co-founder of the Bitcoin treasury company Strategy, has issued a tweet showing his reaction to the rejection of his company from being included in the S&P 500 index. He has posted data that shows that the only thing Strategy needs to be part of S&P 500 is
APAC is becoming the driver of global crypto activity. Transaction volume in the region jumped 69 percent year over year, hitting 2.36 trillion dollars. That is almost a trillion more than last year and shows how quickly demand for digital assets is shifting east. India, Pakistan, and Vietnam stand out here, not because of friendly
Bloomberg recently reported that the Hong Kong government’s special brand HKSAR is about to issue the third batch of digital bonds (since 2023). Hong Kong is undoubtedly one of the growing nations in the cryptosphere and preparations for this issuance have already begun. Officials and branches have allotted the financial hub. This announcement is classified
In a bold move that has captured the attention of both traditional finance and the cryptocurrency world, NYSE-listed CleanCore Solutions (ZONE) recently announced a monumental step. The company successfully raised an impressive $175 million through a private investment in public equity (PIPE) deal, specifically earmarked for establishing a Dogecoin treasury. This significant fundraise signals a
Ethereum spot ETFs saw a significant investor pullback on September 5. It recorded $447 million in net outflows. According to data from SoSoValue, it was the second-largest outflow in the category’s history. The withdrawals highlight shifting investor sentiment during a volatile period for crypto markets. BlackRock’s ETHA ETF led the outflows. It lost nearly $310