Markets

Erebor, a crypto-focused digital bank founded with backing from entrepreneur Palmer Luckey, is seeking a federal banking charter in a move that could significantly expand its reach across the United States. The bank has filed an application with the Office...

Markets across the Asia-Pacific region fell sharply on Friday after the United States announced a sweeping round of new tariffs on imported goods. The measures, which target products from dozens of countries, fueled worries about a renewed global trade slowdown...

Several of the world’s largest banks are reassessing their commitments to international climate finance alliances, raising questions about how quickly the sector will move away from funding fossil fuel projects. Institutions that joined coalitions like the Net-Zero Banking Alliance pledged...

Revolut is taking a major step toward deepening its presence in the United States by pursuing a full banking license. The London-based fintech, already one of the most valuable private financial technology companies in the world, is reportedly in talks...

Corporate spend management platform Ramp has secured a new $500 million funding round, underscoring the growing competition in financial software powered by artificial intelligence. The financing, which values the company at more than $9 billion, comes as demand for AI-driven...

Bitcoin entered August with strong momentum after posting its highest monthly close on record. At the end of July, the world’s largest cryptocurrency settled at just over $115,800. This marked a milestone for digital asset markets and reinforced the view...

U.S. markets ended the week on a rough note as investors reacted to a combination of aggressive new tariffs and disappointing employment figures. Stocks opened lower and stayed under pressure throughout the day. By the close, the Dow Jones Industrial...

In a major move to tackle the growing threat of AI-generated misinformation, leading tech firms including OpenAI, Google, and Anthropic have agreed to implement digital "watermarking" techniques to identify content created by artificial intelligence. This collaborative effort comes amid increasing...

zkSync’s highly anticipated ZK token has seen a 12% price drop, just weeks after its much-hyped debut. The token, once the talk of the town due to its Layer 2 scaling promise and the buzz surrounding zkRollups, is now facing...

Crypto adoption is heating up across Europe, and this summer, VISA’s crypto-linked cards have recorded an impressive 11% spike in usage, signaling a strong upward trend in everyday crypto spending. According to recent data from VISA, more consumers are tapping...

Bitget, one of the fastest-growing cryptocurrency exchanges globally, witnessed a massive spike in user growth during July 2024, thanks to a $10 million airdrop campaign that captivated the attention of crypto enthusiasts worldwide. The promotional push led to the onboarding...

Despite facing mounting legal troubles in multiple jurisdictions, KuCoin—one of the world’s leading cryptocurrency exchanges—saw an astonishing 367% surge in exchange inflows during July, according to new on-chain data. The dramatic increase suggests renewed trader interest and activity on the...

Swell, a rapidly growing Ethereum-based staking platform, has witnessed a staggering 200% surge in its Total Value Locked (TVL) in July, highlighting renewed interest in decentralized staking solutions amid Ethereum’s evolving landscape. The project’s native token, SWELL, has also gained...

Binance Labs, the venture capital and incubation arm of crypto giant Binance, has made a strategic investment in ArkStream Capital, a rising blockchain data and infrastructure startup focused on Web3 and DePIN (Decentralized Physical Infrastructure Networks). The move underlines Binance...

In a massive on-chain movement that sent shockwaves through the crypto community, Binance has transferred nearly $500 million worth of Bitcoin (BTC) to an unknown wallet. The transaction, flagged by popular blockchain tracking service Whale Alert, took place in a...