The Treasury’s bond-market intervention isn’t working. So what comes next?
You can’t just sweep $40 trillion in U.S. national debt under a rug and forget about it — or so the bond market appears to be telling Treasury Secretary Scott…
Here’s how Bessent’s newly activist Treasury Department is undercutting the Fed’s Warsh
The surprising move this week by Treasury Secretary Scott Bessent to intervene in Treasury markets to lower the cost of government debt undercuts the…
Onchain, in court: What happened in crypto legal news this week
The CFTC ordered a trading ban for former Alameda and FTX executives, and US prosecutors opposed a motion from a US soldier accused of profiting from the…
Former JPMorgan exec takes on Social Security advisory role
Matt Zames will take on an unpaid adviser position at the Social Security Administration, according to reports. Source：MarketWatch
Solana cuts blockchain slot time to 350 milliseconds
Solana reduced its slot time for the first time since genesis as it works toward a 200millisecond target aimed at reducing network latency. Source：Cointelegraph
Coldcard strengthens seed generation with firmware update
Coinkite urged Coldcard users to generate new seed phrases, warning that existing vulnerable seeds remain unsafe despite the security upgrade.…
Hedge funds are doubling down on Big Tech even after summer volatility triggered a massive portfolio cleanup
Hedge funds entered the second quarter allin on the AI trade, but have begun to diversify their portfolios lately. They’re dipping into healthcare, energy and…
‘Ghost offices’ and long wait times: Social Security workers demand $3 billion and 20,000 hires
“The public is going to have a harder and harder time accessing these benefits,” union official said. Source：MarketWatch
The rise in interest rates hit a ‘raw nerve’ at the White House. Bessent’s plan has analysts on edge.
U.S. Treasury Secretary Scott Bessent has made waves this week with his plan to at least double his department’s buybacks of longerdated Treasury bonds.…
U.S. bond yields are already surging again a day after Bessent’s debt-buyback plan
Treasury Secretary Scott Bessent’s plan to calm markets is being shortcircuited. Source：MarketWatch
Cybersecurity firm unveils crypto phishing campaign targeting 885,000 phone numbers
Rapid7 unveiled a new cryptocurrency phishing campaign targeting 885,000 phone numbers, aiming to steal investors’ holdings by redirecting them to fake wallet…
Walmart shares slide as U.S. sales hit by falling drug prices
The supermarket chain reported comparable U.S. sales growth of 2.6% in its secondquarter earnings, its lowest in over six years. Source：MarketWatch