US SEC follows CFTC in staff guidance for crypto
With the failed cloture vote on the CLARITY Act, the SEC announced updates on how federal securities laws could apply to token issuers, following similar…
The U.S. and China agree to $60 billion in tariff cuts on products like dolls and fireworks. Rare earths remain a sticking point.
There were no major breakthroughs on big issues including AI, Iran and Taiwan. Source:MarketWatch
SEC Charges Registered Investment Adviser Zoe Financial for Failure to Disclose Conflict of Interest
The Securities and Exchange Commission today announced settled charges against New Yorkbased investment adviser Zoe Financial Inc. for failing to fully and…
Micron has a chance to set the record straight with its earnings report
Micron is no longer the company it was before the AI boom, and one analyst says it’s time that investors fully appreciate that. Source:MarketWatch
Crypto PAC spends $11M to oppose Sherrod Brown in Ohio
Fairshake pledged an initial $30 million on media opposing the Democratic candidate in Ohio’s Senate race in what some see as a repeat of spending by the…
Nvidia is right: Its stock is a bargain by this measure
Nvidia’s stock has gotten cheaper even as the company has sustained robust levels of growth. Source:MarketWatch
MiCA focus shifts from rulemaking to supervision, ESMA chair says
ESMA will focus on CASP resilience, outsourcing and reverse solicitation while pursuing harmonized reporting across national regulators. Source:Cointelegraph
MongoDB’s stock is down more than 20% as CEO decamps to Meta
Meta is creating an enterprise platform business that aims to make it easier for developers to use its products. CJ Desai, formerly of MongoDB, will head up…
AI agents could drain cheap bank deposits, Apollo's Torsten Slok warns
AI agents could trigger a bank run by automatically moving household cash from lowinterest checking accounts to higheryield alternatives, Slok warns.…
Taking Ozempic? A routine eye exam could help you understand your risk for vision loss.
Some research suggests that GLP1 drugs may raise the risk of a rare eye disease that causes full or partial vision loss. Source:MarketWatch
Chainlink updates its crypto bridge tech months after a $292 million hack at a rival exposed risks
The new software lets companies add custom security checks so they do not fall victim to the same singlepointoffailure vulnerabilities that plagued rival…
BTC price eyes best Q3 in nine years: Three things to know in Bitcoin this week
Bitcoin fell below $83,000 to start the week amid USIran war developments but remains up more than 40% for Q3 ahead of key inflation and jobs data.…