US Treasury Secretary Scott Bessent announced that the US will sanction a large, unnamed bank next Monday to honor 9/11 victims. This move is part of ongoing US economic measures against Iran following the Middle East conflict starting in February. Previous actions include sanctions on Dubai branches of Egypt's second largest bank and Turkey's largest bank for allegedly funding Iran. The US has expanded secondary sanctions on entities involved with Iran in sectors like shipping and technology under "Operation Economic Outcast."
Bitway (BTW) surged 10.97% to $0.4992, driven by recent partnerships with major tech firms, boosting its market profile. Other notable gainers include Ether.fi, Venice Token, Aptos, and Gate, reflecting diverse investor interest in blockchain and dec...
LuLu Financial Holdings has reduced its cross-border settlement costs by 25-30% using USDC compared to traditional correspondent banking methods. This operational cost saving highlights the efficiency of digital currencies like USDC in global remitta...
Kevin Hassett, director of the White House National Economic Council, held $1 million to $5 million in vested Coinbase shares at the end of 2025 while overseeing major cryptocurrency policy changes under President Trump. Despite recusing himself from...
The Strategas Macro Thematic Opportunities ETF (SAMT), which focuses on themes like AI 2.0 and industrial resurgence, has lost its performance edge over the broader market ETF IVV after strong gains earlier this year. Analyst Vasily Zyryanov maintain...
Garry Tan, CEO of Y Combinator, stated he would "do nothing" about Chinese companies distilling AI models from OpenAI and Anthropic, suggesting regulators focus on balancing open and frontier AI models instead. He downplays doomsday AI fears, emphasi...
