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Rivian Stock Falls After Reporting Sharp Fall in Q2 Deliveries
Rivian stock (NYSE: RIVN) is trading sharply lower today after the company reported a 22.7% fall in its Q2 deliveries. Here are the key takeaways from the report and how it stacks against other electric vehicle (EV) companies. Rivian delivered... -
Crypto Hacks Drop 52% in Q2 2025, But $2.47B Lost in H1 Signals Rising Threats
The first half of 2025 marked a troubling milestone for the cryptocurrency sector. Hackers, scammers, and exploiters stole $2.47 billion in losses across 344 incidents, surpassing the total 2024 Crypto hacks in six months. According to CertiK’s report on July... -
Tether Teams Up with Zanzibar to Boost Blockchain Literacy for 1.9M Residents
Tether, the world’s largest stablecoin issuer, has signed a major agreement with the Zanzibar e-Government Authority (eGAZ) to launch a region-wide initiative to boost digital asset literacy and financial innovation. This MoU makes Zanzibar a blockchain education hub in East... -
Circle Applies for U.S. National Trust Bank to Directly Oversee USDC Reserves
On June 30, Circle, the issuer of the USDC stablecoin, submitted an application to establish a national trust bank in the United States. If the Office of the Comptroller of the Currency (OCC) approves the application, the proposed First National... -
South Korea Delays CBDC as Banks Bet on Stablecoins
A Bloomberg report revealed that South Korea paused its central bank digital currency (CBDC) trials to fast-track the launch of Korean won-pegged stablecoins, shifting regulatory focus away from Project Han River’s upcoming rollout phase to prioritize private token issuance. https://twitter.com/pete_rizzo_/status/1939412759172579528... -
Argentina Achieves Record Q1 2025 Growth, Investment Surge, and Lowest Inflation Since 2020
Argentina’s economy grew by an impressive 5.8% in the first quarter of 2025, beating China’s 5.4% growth and marking its best quarterly performance since 2022. This strong economic recovery was confirmed by INDEC, the country’s official statistics agency. The growth... -
Some Fed Officials Back Rate Cuts Even as Powell Signals a Hold
In a widely anticipated move, the US Fed kept its benchmark interest rates unchanged in the range of 4.25% to 4.5% after its meeting concluded last week. However, while Chair Jerome Powell has signaled a pause on rate cuts for... -
Hong Kong’s $4B Family VMS Group Expands Into Crypto Investments: Details
VMS Group, the powerhouse managing about $4 billion for Hong Kong’s elite families, is diving into digital assets, according to a Bloomberg report. The firm is expected to commit up to $10 million to Re7 Capital’s market-neutral crypto hedge strategy,... -
Private Key Leak Leads to $250K Exploit of Hacken Bridge and Token Decline
On June 21, a private key leak led to a $250,000 exploit on Hacken Bridge, causing its native token, the HAI token, to collapse 99% in hours. Blame Falls on Human Error, Not a System Hack The breach occurred during... -
Russia Prepares 2026 Digital Ruble Rollout with Expanded Pilot Scheme
Russia’s digital ruble is gaining momentum as the country moves closer to a full rollout by 2026. The central bank is expanding pilot programs and more people in major cities are starting to use it. The digital ruble is designed...