Key Points:Moody’s downgrades U.S. credit rating, impacting fiscal policies and market confidence.
Decreased rating denotes economic instability concerns.
The U.S. faces pressure to manage fiscal deficits effectively.Moody’s Downgrades…
Key Points:David Sacks critiques effective altruists post-SBF scandal; AI race concerns rise.Effective altruists maintain AI deceleration agenda amid image rebranding.Market ripple with ETH, XRP, DOGE falling 3% after Sacks’ comments.
David…
Key Points:Coinbase data breach jeopardizes 1% user information and funds.User lost 34.9 million in one scam.Debates on security models reignited.
Coinbase Faces Data Breach, User Safety Concerns Rise
Coinbase recently experienced a…
Zach Witkoff, one of the co-founders of the Donald Trump family-backed crypto platform World Liberty Financial (WLFI), has rebuffed efforts by US lawmakers to investigate the president’s potential conflicts of…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureArizona Governor Katie Hobbs has vetoed two cryptocurrency-related bills passed by the state legislature, citing concerns over the…
In brief
India has directed crypto platforms to increase surveillance on transactions from border regions, particularly Jammu and Kashmir, to counter potential terror financing.
Exchanges must specifically monitor "private wallets" that enable…
Key Points:Lael Brainard emphasizes tariff concerns, impacting inflation and growth.
Inflationary effects complicate Federal Reserve’s monetary policy.
Economists suggest temporary high inflation due to tariff costs.Federal Reserve Struggles…
Key Points:Tariffs between China and U.S. exceed 100%, signaling notable economic shifts.
Market responses indicate investor uncertainty amid increasing geopolitical tensions.
Analysts predict potential long-term impacts on global trade dynamics.…
Efforts to pass crypto legislation in the US Senate face mounting resistance amid growing ethical concerns around US President Donald Trump’s ties to crypto.In a May 5 letter to the…
Key Points:Concerns over USD’s safe-haven role increase among experts.Shifts towards yen and Swiss franc continue.Potential implications for cryptocurrency markets analyzed.
Steve Englander of Standard Chartered and Erik Nelson at Wells Fargo…