The Bank of Korea has disclosed a $250 million place in a gold exchange-traded fund (ETF). The stake marks its first gold-linked funding in 13 years. The transfer offers South Korea’s central financial institution publicity to gold costs with out increasing its bodily bullion reserves. Filing Shows a $250 Million Gold ETF Position The BOK…
New York City Council has opened an investigation Wednesday into how Kalshi, Polymarket, Coinbase and Gemini Titan promote prediction contracts to metropolis residents. Speaker Julie Menin introduced that she despatched letters to the 4 platforms. They have 14 days to reveal their New York person numbers, advertising strategies, and the way a lot they make…
An unknown crypto whale misplaced $25.6 million after an attacker drained their pockets. The hacker swapped the stolen belongings into Dai (DAI) and Ethereum (ETH), onchain analyst Specter reported. The identical pockets misplaced $24.2 million to a phishing assault in September 2023. Afterward, the attacker returned roughly 90% of the funds. Follow us on X…
Norway’s sovereign wealth fund, the most important in the world, revealed on Wednesday that it holds a 0.05% stake in SpaceX price simply over $1.2 billion. The place had by no means been made public earlier than. The disclosure arrived with a document first-half revenue of 1.75 trillion Norwegian kroner, or roughly $184.9 billion. It…
The Intercept and the Freedom of the Press Foundation filed a Truth API lawsuit in opposition to President Donald Trump on Wednesday. The case asks a federal choose to resolve whether or not the president can promote early entry to his personal official statements. The grievance, filed in the Southern District of New York, says…
Bitget, the world’s largest Universal Exchange (UEX), has launched Project Archimedes, a $300 million institutional capital program for quantitative buying and selling companies, asset managers and market makers. With the imaginative and prescient of backing minds that transfer markets, Project Archimedes will help companies at completely different phases of progress by way of two applications:…
Everybody loves AI shares now. But choosing the right one may not be as straightforward. As a matter of reality, one of the best AI shares of 2026 may not be one of the best ones to carry for the subsequent three years. Chipmakers led this yr, however over the previous month cash started transferring…
The US Bureau of Labor Statistics (BLS) will publish the July Consumer Price Index (CPI) information on Wednesday. The report is anticipated to point out a small decline in shopper inflation and core inflation. The month-to-month CPI is forecast to rise by 0.1%, following the 0.4% lower recorded in June, whereas the annual studying is…
Bitget, the world’s largest Universal Exchange (UEX), has expanded its CFD enterprise with the launch of Institutional-Grade Liquidity Solutions, a devoted providing for quantitative buying and selling groups, proprietary buying and selling companies (Prop Firms), funds, retail brokers, and high-net-worth skilled merchants. The resolution brings collectively 100% Straight-Through Processing (STP), deep multi-tier liquidity, sub-millisecond order…
Harmony (ONE) fell to an all-time low of $0.0005735 throughout early Asian buying and selling on Wednesday after a reported exploit minted roughly 4 billion tokens with out authorization. The minted quantity equals about 26% of ONE’s complete provide. Harmony stated it’s coordinating with exchanges to freeze funds whereas it develops a patch and evaluates…