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
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…
SEC’s proposed crypto rules probably won’t spark new ICO boom
The SEC’s ‘regulation crypto assets’ proposals could create earlyround FOMO. But some tokens may still fall into the noman’s land between security and…
There’s so much betting against long-term bonds that a turnaround could catch investors off guard, says Citadel Securities
Citadel Securities’ strategist Frank Flight says a bet that appears to be onesided against longterm bonds could be setting up for a painful unwind.…
Japan weighs blockchain fast lane for securities cash settlement
The FSA, Finance Ministry, BOJ and financial institutions plan to study the infrastructure and produce a development plan by early 2027. Source：Cointelegraph
Kalshi’s $1.5B equity offering is three-quarters sold at $1.12B
The Form D lists 71 investors and says Kalshi is relying on an exemption that allows certain private offerings without SEC registration. Source：Cointelegraph
Zerohash back for second effort at OCC trust bank charter
The crypto infrastructure firm failed to get approval when it first sought a U.S. charter, and the company is quickly back with what it said would be a…
This driverless-truck company could be a ‘long-term winner’ in a market Tesla plans to enter soon
Kodiak AI logged more than 40,000 paid driverless hours through the second quarter and is pushing to offer driverless highway operations by the end of 2026.…
LayerZero unveils trading infrastructure for crypto and tokenized markets, ZRO surges
The trading infrastructure runs on LayerZero's Zero blockchain, backed by Citadel Securities with DTCC and ICE exploring institutional market applications.…
Hugging Face hack exposes the open-weight AI cybersecurity paradox
Hugging Face relies on open weight Chinese models to defend itself from rogue AI agents. But a lack of safety guardrails makes those models potentially…
Major Alibaba figures make purchases as Chinese giant sells $10 billion of stock
Major Alibaba shareholders have made big share purchases ahead of vital secondary market offering Source：MarketWatch
Thailand moves closer to Bitcoin, Ether ETFs with draft rules
Thailand’s SEC opened consultations on local Bitcoin and Ether ETF rules and qualification standards for foreign digital asset custodians. Source：Cointelegraph