Key Points The One Big Beautiful Bill Act set aside $1 billion for the Education Department to cover “administrative costs” of the federal student loan program, with no reporting requirement…
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Key Takeaways: A Sandbox bug enabled the creation of unbacked SAND tokens on Base and on BNB Smart Chain. Blockaid, a blockchain security firm, said that it found around $49…
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Crypto Currency
A $1 billion meme coin purchase puts a huge 167% share dilution down to a single vote for ZeroStack
ZeroStack’s Aug. 21 resale registration puts a shareholder vote between the company and 36.2 million new shares tied to its MemeCore acquisition, a warrant block larger than its current outstanding…
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Crypto Currency
Bitcoin is closing in on $80,000 and already destroyed a record $4 billion in short bets
Bitcoin surged toward $80,000 on Friday, extending a three-day rally that has liquidated more than $4 billion in bearish bets and pushed the cryptocurrency to a three-month high. Data from…
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Bitcoin (BTC) and altcoins are breaking records as short position liquidations pass $3 billion over two days. Key points: Crypto short liquidations since Thursday are in excess of $3.1 billion,…
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Crypto Currency
A $36 billion lawsuit just turned Kalshi’s $40 billion valuation race into a federal market emergency
The Commodity Futures Trading Commission (CFTC) has ordered Kalshi to keep operating after the prediction-market exchange declared a market emergency tied to New York’s enforcement campaign. The move marks the…
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Berkshire Hathaway booked a near $13 billion gain on investments in the latest quarter, and has put $32 billion of its cash pile to work.
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After five years of stagnant dealmaking, the silver mining sector underwent an aggressive US$14.3 billion consolidation wave since 2024. Data compiled by Metals Focus shows that announced transaction values surged…
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Pharmaceutical giant Eli Lilly and Company (NYSE:LLY) is pushing further into the psychedelic drug market with a US$2.8 billion buyout of clinical-stage developer AtaiBeckley (NASDAQ:ATAI). The crown jewel of the…
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Crypto Currency
XRP loses $700 million in futures bets while XRPL builds a $4 billion institutional pipeline
Demand for XRP is weakening across several key market indicators, testing whether the XRP Ledger’s (XRPL) growing institutional pipeline can translate into sustained investor and network activity. US spot XRP…
