News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Congress Launches Major Insider Trading Investigation into Polymarket and Kalshi
The U.S. House Oversight Committee is investigating Polymarket and Kalshi over concerns that government employees may be using insider information to profit.
James Park4 min - Crypto
OKX Launches Regulated Oil Perpetual Futures to Compete with Hyperliquid
OKX is launching regulated oil perpetual futures for non-U.S. traders, enhancing competition with Hyperliquid amid ongoing investigations into suspicious oil trading.
Mercation Admin2 min - News
The Digital CFO: Empowering Retail Investors
Joseph Chalom discusses the upcoming transformation in retail investing, where digital treasury agents will empower everyday investors to manage their assets effectively.
Elena Volkov6 min - News
SEC to Prepare Exceptions for Tokenizing Securities
SEC Commissioner Hester Peirce has called for caution regarding expectations for an innovation exemption for trading tokenized stocks, clarifying the regulator's stance on synthetic assets.
Marcus Reid2 min - News
House Republicans Launch Investigation into Kalshi and Polymarket for Insider Trading
House Republicans have commenced an investigation into Kalshi and Polymarket for insider trading, focusing on suspicious trades and KYC practices.
Mercation Admin2 min - Crypto
HTX's Monthly Futures Volume Approaches $100 Billion
HTX's April report reveals a surge in futures trading volume nearing $100 billion and significant growth in stablecoin reserves and new token listings.
James Park2 min - Crypto
Bitcoin Falls as Warsh Takes Charge of the Fed
Bitcoin experiences a drop as Kevin Warsh is inaugurated as the new Fed chairman, raising concerns amid declining consumer sentiment and inflation expectations.
Marcus Reid2 min - News
Starbucks Discontinues AI Inventory System After Failures
Starbucks has discontinued its AI inventory system due to operational failures, impacting product management across its North American stores.
Aisha Patel1 min - News
IREN Co-Founder Highlights Infrastructure as AI's Key Challenge
Dan Roberts, co-founder of IREN, asserts that the primary challenge for AI is physical infrastructure rather than chips, as demand for AI technology continues to grow.
Elena Volkov3 min - Crypto
NEAR Protocol Rises 19.4% as CoinDesk 20 Index Remains Steady
NEAR Protocol has experienced a significant rise of 19.4%, while the CoinDesk 20 Index remains unchanged. Internet Computer (ICP) also saw a gain of 4.3%.
Sarah Chen2 min - Crypto
Trump Media Moves $205 Million in Bitcoin Without Selling Amid Losses
Trump Media has transferred $205 million in bitcoin to Crypto.com but clarified that it did not sell the assets, amid significant financial losses.
Aisha Patel3 min - News
Mark Cuban Divests Most of His Bitcoin Holdings
Mark Cuban has sold the majority of his Bitcoin holdings, citing disappointment with its performance compared to gold amid ongoing geopolitical tensions.
Mercation Admin4 min