Pressure on bonds abates as Treasury announces buybacks. What may come next.
The Treasury Department said Wednesday that it will more than double the size of governmentdebt buybacks, sending yields sharply lower and stocks higher at the…
200,000 fake AI ‘victims’ deployed to scam bait online fraudsters
Apate’s 200,000 fake AI ‘victims’ are so good at scam baiting, the company has a monthly KPI for how many Fbombs scammers drop at the infuriating bots.…
SEC regulatory proposal marks ‘important’ step forward from ‘inapt’ crypto rules: Commissioner Peirce
“Crypto mom” Hester Peirce praised the SEC’s proposed crypto regime, published days after the Senate failed to pass the CLARITY Act, the US’ first…
I’m leaving my grandkids money — but they must pass financial-literacy classes to get it. Is that fair?
“I do believe very much in delayed gratification.” Source:MarketWatch
Marvell’s stock surges on news of Google chip deal — and Broadcom’s falls
Google will also get the option to purchase about $12 billion worth of Marvell’s stock. Source:MarketWatch
Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility
The warehouse facility gives Ethena another source of returns for the assets backing USDe while channeling onchain capital into overcollateralized…
Strengthen the Clarity Act
The American Bankers Association seeks to strengthen the Clarity Act, not kill it, argues Rob Nichols, president and CEO of the ABA. Source:CoinDesk
SK Hynix suggests its stock is too cheap as it embarks on $29 billion buyback
Following a sharp selloff in recent months, the South Korean memorychip company says current share prices don’t reflect the business’s “intrinsic value.”…
Bitcoin is flashing 8 of 12 capitulation signals, but bottom's not yet in, says VanEck
Similar setups have historically produced belowaverage 90day and 180day bitcoin returns, said the asset manager. Source:CoinDesk
Moderna’s stock doubles on promising cancer-vaccine results
The vaccine candidate pairs an mRNA therapy with the cancer drug Keytruda. Source:MarketWatch
A year after losing $1.46 billion, Bybit says AI helped it save $700 million
The exchange that lost $1.46 billion to North Korean hackers is the first large centralized firm to put numbers on a claim bitcoin developers have been making…
Should you Venmo your tuition? Here’s what to know as colleges add new payment options.
Some universities will begin accepting the nontraditional payment method as consumers seek flexible spending options. Source:MarketWatch