It’s Time to Build a Sustainable Blockchain Ecosystem
For years, the industry has created and lost value without establishing real business models. It’s time to demonstrate that we’re on the path to turning blockchains and the ap...
Ether ETFs Have Bled Money, but That's Not the Whole Story
BlackRock's ETHA and other Ethereum funds have collected billions of dollars worth of inflows. Massive outflows from the Grayscale Ethereum Trust (ETHE) have overshadowed that...
U.S. SEC Settles With Abra Over Unregistered Sales of Securities
The securities regulator says Abra sold half a billion dollars in unregistered Abra Earn while also operating without registration as an investment company.
Fed most likely to cut rates by quarter percentage point next month, Daly says
San Francisco Federal Reserve President Mary Daly on Monday said "the time is upon us" to cut interest rates, likely starting with a quarter-percentage point reduction in borrowing costs. Asked if there is anything that could derail a rate cut at the U.S. central bank's Sept. 17-18 policy meeting, Daly told Bloomberg TV that it "would be hard to imagine at this point." She said the "most likely" path ahead is for inflation to continue to slow gradually and for the labor market to add jobs at a "steady, sustainable" pace - and if that projection plays out, "adjusting policy at the regular, normal cadence seems reasonable."
Fed’s Daly Agrees With Powell View That It’s Time to Cut Rates
(Bloomberg) -- Federal Reserve Bank of San Francisco President Mary Daly said she believes it’s appropriate for the US central bank to begin cutting interest rates.Most Read from BloombergSydney Central Train Station Is Now an Architectural DestinationNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherChicago Overcomes DNC Skeptics With Calm, Parties and SunHow the Cortiços of São Paulo Helped Shelter South America’s Largest CityWith Housing Costs High, Democrats Hone YIMBY Messag
SEC’s Case Against Kraken Will Proceed to Trial, California Judge Rules
The federal regulator sued Kraken in California last year, alleging that the crypto company failed to register with the SEC as a broker, exchange or clearinghouse.
PayPal's Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana
The payments company's stablecoin entry was off to a slow start last year on Ethereum, but its recent expansion to the Solana blockchain and DeFi reward programs reignited the...
Tokenized Treasury Funds Pass $2B Market Cap Amid BlackRock’s Explosive Growth
BlackRock's BUIDL has quickly topped $500 million in market cap.
‘My Living Nightmare’: Detained Binance Exec’s Wife Begs for His Immediate Release
Tigran Gambaryan’s family says he can no longer walk and has battled multiple bouts of malaria pneumonia.