Fed’s Lisa Cook denies committing mortgage fraud, says Trump has no grounds to remove her from office
Cook’s lawyer says she made an inadvertent error listing her apartment in Atlanta as a primary residence Source：MarketWatch
SEC resurrecting U.S. crypto custody rule the previous administration failed to land
In 2023, the regulator tried to narrowly restrict the places investment advisers could park clients' crypto assets, but the new approach is still shrouded in…
CrowdStrike’s stock soars after AI fuels the cybersecurity company’s ‘best quarter’ ever
“Every enterprise will run on AI, and securing it is the largest market opportunity in our history,” CEO George Kurtz says. Source：MarketWatch
Nvidia tops earnings estimates, guides to $108 billion in revenue next quarter
The tech bellwether reported fiscal secondquarter results after the bell on Wednesday. Source：CoinDesk
Salesforce’s stock surges as AI momentum fuels revenue growth
Salesforce cleared Wall Street’s secondquarter expectations and deepened its ties with AI lab Anthropic. Source：MarketWatch
Better launches Bitcoin-backed mortgages powered by Coinbase
Better and Coinbase have launched a cryptobacked mortgage product that lets US homebuyers pledge Bitcoin as collateral for a down payment without having to…
I just had my first baby and don’t want to go back to work. Is quitting for a year a bad idea?
“I really don’t want to miss my baby’s first year.” Source：MarketWatch
Chainalysis estimates $457B in taxable crypto activity, says CARF misses most
The blockchain analytics firm said just 14% of the onchain activity it identified is covered by the OECD’s international crypto taxreporting framework.…
The U.S. economy is better than it looks — but it might be due for a slowdown
Consumer spending soared in the second quarter. A repeat is unlikely. Source：MarketWatch
The ugly math on interest expenses, yields and the $40 trillion U.S. national debt
“The interest payments are starting to snowball,” said Joe Boyle at Hartford Funds. Source：MarketWatch
SEC sends crypto custody rule overhaul to White House for review
The securities regulator’s crypto custody overhaul could clarify how investment advisers and funds hold digital assets for clients as the proposal moves…
77% of Americans see crypto in retirement plans as risky: Survey
A new survey finds broad skepticism toward crypto in workplace retirement plans as US policymakers move to expand access to alternative assets.…