This week, several of the largest hedge funds on Wall Street were targeted in a wave of attempted cyberattacks, which reportedly include Point72 Asset Management, Citadel, Two Sigma Investments and Millennium Management. Attackers are said to have used voice phishing, or vishing, to manipulate employees into giving up their username and password credentials or allowing
Federal Reserve Governor Lisa Cook said she is prepared to support higher interest rates if US inflation fails to come down, a change that can pressure crypto and other high-risk investments. Cook was speaking at a luncheon hosted by the Anchorage Economic Development Corporation, saying that while some disinflationary forces are in play, she is
While the leading cryptocurrency Bitcoin set new records in 2025, many altcoins, including Ethereum, exhibited more limited upward momentum. In this context, altcoins generally lag behind $BTC, and cryptocurrency research company Blockworks Research has published a comprehensive report examining the performance of the altcoin market in recent years. According to the research, altcoins are lagging
Coinbase director Wilson Frederick sold 35,068 shares of company stock at an average price of $144.32 per share on Aug. 3, according to a U.S. Securities and Exchange Commission filing. The transaction totaled approximately $5.06 million, reducing Frederick’s direct holdings to 197,389 shares. Insider Transaction Details The sale was disclosed in a Form 4 filing
Noos Protocol, a decentralized infrastructure for the Artificial General Intelligence (AGI) era, is strategically bound with AISIM, a Decentralized Physical Infrastructure Network (DePIN) and Artificial Intelligence (AI-Powered) Web3 project. The core purpose of this partnership is to enable intelligent, scalable, and connected Web3 ecosystems. 🤝 Noos × AISIM Ecosystem Partnership Announcement Noos is pleased to
A key theme this month is not just that bitcoin $BTC$64,577.89 isn’t taking part in the risk-on rally exemplified by stocks, it’s how steady the cryptocurrency has been, to the point that 30-day implied volatility has dropped to a long-held floor of 36%. More often than not, low volatility is taken as a sign of
The leading cryptocurrency, Bitcoin, has shown renewed upward momentum in recent days. At this point, with $BTC once again surpassing $65,000, new assessments for $BTC have come from Jiang Zhuoer, the founder of the China-based mining pool $BTC.top. Accordingly, Chinese founder Jiang Zhuoer argued, based on Bitcoin’s historical four-year cycle, that the current correction has
Regulators Write the Rulebook Early The emirate’s Financial Services Regulatory Authority, or FSRA, has licensed virtual asset activity since 2018 through the Abu Dhabi Global Market, a financial free zone with its own courts built on English common law. That early start gave firms a rulebook years before many other jurisdictions caught up. Not every