‘Bunker mode’ won’t protect your crypto, critics say
Even if Justin Drake’s prediction that AI could break cryptography proves correct, critics say “bunker mode” is an impractical suggestion that’s unlikely to…
Social Security’s COLA will be 3.6% in 2027 as inflation persists
The increase is aimed at helping about 68 million beneficiaries keep pace with inflation. Source：MarketWatch
Kraken parent Payward to become first crypto firm to buy a EU bank as it expands into deposits, lending
Payward agreed to buy Lithuania’s Saldo Bank, which holds $190 million in total assets, securing an EU license for deposits and lending. Source：CoinDesk
Canada crypto remittances to Asian countries surge 141% to $2.36B: Chainalysis
Remittancesized crypto transfers from Canada to three Asian countries reached $2.36 billion, while transfers to the Philippines alone rose 28% to $61 million.…
Qivalis receives EMI authorization from Dutch central bank for euro stablecoin
Qivalis said the EMI authorization enables it to launch a eurodenominated stablecoin, with issuance planned for the coming months, subject to additional MiCA…
U.S. September CPI comes in hot, sending bitcoin sharply lower
The news could put multiple rate hikes by the Federal Reserve back into play. Source：CoinDesk
Kraken parent to buy Lithuanian Saldo Bank amid TradFi expansion
Payward expects to close the acquisition in 2027, enabling it to expand its traditional banking services into four EU operating markets already served by Saldo…
Can crypto users trust the supply chain behind hardware wallets?
Ledger hardware wallet implants have renewed scrutiny of the middlemen handling devices before they reach buyers, even through authorized sellers.…
What analysts are watching with key semiconductor maker TSMC set to report results
Analysts at JPMorgan and Citigroup see further revenue growth for the semiconductor foundry, even after already posting a recordbreaking figure for the third…
Bank of America adds a profit miss to the misery of a $1.2 billion government fine
Bank of America’s stock falls as investor disappointment over the $1.2 billion government fine added to the bank’s downbeat earnings report. Source：MarketWatch
Here’s how much the AI boom is contributing to inflation, according to Goldman Sachs calculations
Goldman Sachs economists have calculated how much the AI boom has contributed to inflation. Source：MarketWatch
Charles Schwab and DoorDash ranked among bargain stocks that could lead the market higher
Thirdquarter earnings growth is expected to be driven by energy and semiconductor companies, but what if the rest of the market shows up? HSBC envisages a…