Generac’s stock soars more than 30% after Amazon deal cements its status as AI power player
First deliveries of Generac’s backup power generators are worth $2.4 billion. Source：MarketWatch
Fed rate hike fails to calm troubled markets as Dow falls 600 points. Expect more sharp swings in stocks and bonds.
Fed Chair Kevin Warsh has sent investors a message: When it comes to tamping down inflation, he means business. Source：MarketWatch
Revolut hackers demand $3 million in Monero, threaten to sell customer data
The group gave Revolut 24 hours to pay and said it targeted customers with significant crypto holdings. Source：CoinDesk
US House tax committee advances crypto tax overhaul in 38–5 vote
A bipartisan House committee vote advanced legislation that would reshape federal tax rules for stablecoins, staking, crypto lending and digital asset…
U.S. House's tax committee advances crypto tax bill in wake of Clarity Act loss
The Digital Asset Tax Certainty Act would ease complicated tax burdens for everyday use of cryptocurrencies, though Trump's industry ties spurred some…
Coinbase faces greater fallout from CLARITY Act setback: Saxo
A strategist at the Danish bank said Coinbase has more at stake in the CLARITY setback because its trading business is directly exposed to US marketstructure…
Hamas’ military wing told donors to avoid Binance. Use Bybit, OKX and others instead
Hamas’ military wing advised donors not to use Binance to handle funds but rather to use Bybit, OKX, Kast and Redotpay, according to recent U.S. Department of…
Blockchain finance platform Theo launches tokenized silver backed by $40 million in active leases
The onchain finance platform said thSLVR allows investors to retain exposure to silver while earning income from lending the metal to institutional borrowers.…
A LatAm telecom operator is putting part of its finances on Avalanche
Led by former IBM Blockchain partner Jules Miller, Iris is helping Bolivia's VIVA use stablecoins for settlement, dollar reserves and new financial services…
Why a strategist who previously thought inflation was contained now sees potential for aggressive Fed rate hikes
Albert Edwards of Société Générale says today’s gasoline prices are more closely aligned with crudeoil prices of $150 a barrel than current levels. For diesel,…
Retail sales surged toward the end of summer. Economy still has plenty of momentum.
Sales at U.S. retailers surged in August and posted the biggest increase in five months, offering another piece of evidence suggesting the economy sped up…
Bitcoin Core 32 enters final testing with faster validation, fee changes and security fixes
The October update changes how nodes estimate transaction fees and process blocks, while fixing a wallet flaw that could let an authenticated user run commands…