HIFI raises $37M Series A to build settlement rails for tokenized money
HIFI, a New York stablecoin infrastructure company, has raised a $37 million Series A led by Left Lane Capital to…
Market news
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Crypto news
Brazil to Require Reporting on $10,000-Plus Self-Custody Crypto Transfers
Brazil's central bank will require covered institutions to report self-custody crypto transfers of $10,000 or more starting October 1, 2026….
Dormant Bitcoin wallet moves $380 million after four years of inactivity
A wallet holding nearly 4,500 BTC that sat untouched for more than four years moved its entire balance in a…
Commodities news
Nigeria’s Crude Output Hits Six-Year High as It Joins the IEA
Nigeria has become an Association country of the International Energy Agency, and its crude oil and condensate output climbed to…
Gold ends week down 2% as Treasury yields surge and Fed hike bets firm
Gold rose Friday as the dollar and oil prices eased, but the metal still ended the week down about 2%…
Oil Falls 2.3% as US-Iran Talks Show Signs of Progress on Hormuz
WTI crude fell 2.3% to settle at $92.41 a barrel on Friday, its first weekly drop since late August, as…
Stock news
BP Walks Away From $4.5 Billion Eagle Ford Shale Deal With Devon Energy
BP has walked away from a potential deal to buy Devon Energy's Eagle Ford Shale assets, according to a Reuters…
IREN Stock Climbs 414% in Two Years as AI Pivot Lands $9.7 Billion Microsoft Deal
IREN shares have climbed 414% over the past two years as the former bitcoin miner rebuilds itself into an AI…
Micron’s AI Chip Windfall Faces a Nvidia Timing Squeeze
Micron's fiscal Q3 2026 revenue jumped 346% year-over-year on surging AI chip demand, and the company guided Q4 revenue to…
World news
Iran offers US a seven-day plan to reopen Strait of Hormuz as Trump, Xi discuss war
Iran has offered Washington a seven-day plan to reopen the Strait of Hormuz and end regional fighting, while Donald Trump…
Venezuela election could be delayed a year or more, sources say
Venezuela's long-promised election may not happen for a year or more, five political sources and analysts say, as court and…
Trump and Xi end summit with tea and archives tour, no breakthrough on trade or Taiwan
President Donald Trump and Chinese President Xi Jinping closed a three-day summit on Friday with tea at the White House…
Forex news
US 10-year Treasury yield hits 5.167% as bond rout deepens and Fed turns more hawkish
U.S. Treasury yields closed the week higher across the curve as a historic bond sell-off pushed the 10-year to levels…
CFTC Sues Cash FX Over Alleged $950 Million Forex Ponzi Scheme
The CFTC has sued Cash FX Group and four associated defendants, alleging the firm collected more than $950 million through…
Yen on track for best day in weeks after Trump presses Tokyo on its weakness
The yen snapped a five-day losing streak on Friday after Japan's finance minister revealed that President Trump had pressed Tokyo…
Indices news
Bond market alarms rattle Wall Street as 10-year yield hits 5.23%
Treasury yields spiked to multi-decade highs this week, pressuring cyclical stocks even as the Nasdaq and megacap tech names kept…
S&P 500, Dow and Nasdaq Close Higher as Treasury Yields Surge to Multiyear Highs
U.S. stocks closed higher on Friday, with the S&P 500, Dow Jones Industrial Average and Nasdaq Composite all notching weekly…
10-year Treasury yield hits 5.23%, highest since 2007, as bond market rattles stocks
The 10-year Treasury yield touched its highest level since June 2007 on Friday, and the 30-year yield reached levels last…
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