Oil prices surged 8% this week as the Strait of Hormuz closure persists, Trump issues warnings to Iran, and the Beijing summit yields no major breakthrough.
Gold fell 3.4% this week as US inflation data exceeded expectations, strengthening the dollar and reviving Fed rate hike bets while silver dropped 7%.
IREN raises $3B via convertible notes due 2033 to fund AI cloud infrastructure, supporting a $3.4B Nvidia deal and $3.5B in GPU equipment purchases.
Samsung Electronics stock dropped 9% after its largest union confirmed an 18-day strike starting May 21. JPMorgan estimates up to $20.8B in profit impact.
FalconX deploys its $127M tokenized credit facility on Monad Network, enabling vault tokens to serve as collateral in DeFi lending markets.
TLDR Lido’s committee selected Chainlink CCIP after reviewing security needs for wstETH transfers across multiple blockchain networks. CCIP uses sixteen independent node operators to…
TLDR Ripple Prime gains fresh borrowing capacity as client demand rises across…
TLDR MoonPay acquired DFlow in a $100 million stock deal, adding Solana…
TLDR Flow Capital plans to offer tokenized shares of its $150 million…
Oil prices surged 8% this week as the Strait of Hormuz closure persists, Trump issues warnings to Iran, and the Beijing summit yields no major breakthrough.
TLDR Tether’s QVAC frames local AI as infrastructure, using Asimov’s Psychohistory theme from Foundation directly. MedPsy models target edge devices, while QVAC claims strong medical benchmark…
TLDR: Gwyneth Paltrow has sold her Brentwood mansion for $22 million, down from initial asking price of $29.99 million The…
TLDR Grayscale welcomed Senate Banking Committee vote advancing the Digital Asset Clarity Act for crypto oversight. The bill seeks clearer market rules after years of enforcement-led…
