Centrifuge, a platform for tokenizing real-world assets (RWAs) on blockchain, has seen a 300% growth in tokenized assets, reaching nearly $4 billion. This growth contrasts with the broader DeFi market, which has contracted due to speculative token dynamics. Centrifuge's TVL is between $1.3 billion and $1.8 billion, supported by institutional players like Janus Henderson and New York Life Investment Management, which launched a tokenized high-yield corporate bond fund. The platform's success highlights the growing institutional adoption of tokenized securities, offering benefits like 24/7 trading and fractional ownership, though regulatory uncertainties remain a risk.
The gap between diesel prices and crude oil costs, known as the "crack spread," has hit a record $102.20 per barrel due to global supply disruptions from conflicts in Iran and Ukraine and peak seasonal demand. This surge is expected to drive up food ...
monday.com shares have fallen over 50% in the past year despite a broader recovery in the software sector. The company announced a 20% staff layoff in July to improve GAAP profitability and control dilution. In May, monday.com introduced credits-base...
The S&P 500 dividend outlook for August 2026 shows a mixed picture for investors. Expected dividends declined for the current quarter, 2026-Q3, but are projected to increase in the upcoming quarters of 2026-Q4 and 2027-Q1. However, dividends expected...
Nike's stock fell 4% to $39.06, marking a 12-year low and continuing a five-year decline of nearly 80% from its 2021 peak. The drop was influenced by weak quarterly results from competitor On Holding and ongoing challenges in Nike's key Asian markets...
Users report receiving unexpected small USDT deposits labeled from HTX, causing Coinbase to freeze their accounts due to compliance concerns related to UK sanctions on HTX. HTX denies involvement and is investigating possible errors in address labeli...
