All news
Ethena Proposes Aggressive Buyback Plan to Revive ENA Value
Ethena is pivoting its economic model, proposing that 95% of net revenue be funneled into ENA buybacks once the USDe stablecoin supply hits a $7.5 billion threshold. The protocol is also moving to eliminate monthly investor token unlocks, aiming to stabilize the asset as it seeks to decouple from Ethena Labs equity.
Trump’s Portfolio Swells as Iran Conflict Drives Energy Profits
President Donald Trump executed over 1,000 stock transactions during June, a period marked by the volatile escalation of his military engagement with Iran. New financial disclosures reveal the president holds significant stakes in energy giants that have seen their market valuations surge alongside rising global oil prices.
Mantle Network Accumulates $880 Million in Stablecoins and Tokenized Assets
Mantle has reached an $880 million milestone in total value, driven by a diversified expansion into tokenized equities, U.S. Treasuries, and yield-bearing assets. The network’s growth highlights a strategic pivot toward integrating real-world financial instruments directly onto its blockchain infrastructure, moving beyond simple transactional use cases.
US Households Face $3,800 Surge in Living Costs Under Trump
The average American household has been forced to absorb an additional $3,800 in expenses for housing, groceries, and utilities during President Donald Trump’s second term. According to a new analysis from the congressional Joint Economic Committee, this financial strain stems from a combination of tariffs, energy price hikes, and policy shifts.
FIFA President Faces Criminal Probe Over Failed Kushner-Linked Deal
Attorneys for the Union of European Football Associations have initiated legal action in U.S. courts, signaling a potential Swiss criminal investigation into FIFA president Gianni Infantino regarding a controversial proposal to sell off a significant portion of the organization’s commercial rights to private investors.
FIFA Faces Backlash Over Inaugural Peace Prize Awarded to Trump
After failing to secure the Nobel Peace Prize, Donald Trump accepted the first-ever FIFA Peace Prize on Friday, sparking immediate condemnation from human rights groups and critics who view the accolade as a hollow gesture from an organization long plagued by its own corruption and bribery scandals.
Jamie Raskin Launches Probe into 1789 Capital Over Trump Jr. Ties
Representative Jamie Raskin, the top Democrat on the House Judiciary Committee, has launched a formal investigation into 1789 Capital, the venture firm where Donald Trump Jr. serves as a partner. Raskin alleges the firm’s rapid ascent from $150 million to $3 billion in assets signals potential corruption and improper insider influence.
Texas Spent $221 Million on Migrant Busing Program
Texas Governor Greg Abbott has directed over $221 million in taxpayer funds toward transporting nearly 120,000 migrants to Democratic-led cities since April 2022. While state officials framed the program as a logistical necessity, critics characterize the effort as an expensive political maneuver that prioritized spectacle over cost-effective solutions.
Los Angeles Mayor Rebukes Texas Governor Over Migrant Bus Arrival
Texas Governor Greg Abbott dispatched a busload of 42 asylum-seekers to Los Angeles on Wednesday, marking the first time the state has redirected migrants to the California city. Mayor Karen Bass condemned the maneuver as a callous political stunt, accusing the Republican governor of treating vulnerable people as pawns.
ICE Agents Under Investigation After Fabricated Shooting Account
Two federal immigration officers are under investigation after authorities admitted the pair likely lied about a January confrontation in Minneapolis. Prosecutors dropped assault charges against a Venezuelan national after discovering evidence that contradicted the officers' sworn testimony regarding the shooting of Julio Cesar Sosa-Celis.
Texas Governor Blocks Extradition of ICE Agent Wanted in Minnesota
A federal immigration officer accused of shooting an unarmed man in Minneapolis walked free from a Texas jail Thursday, as Governor Greg Abbott continues to obstruct Minnesota’s attempt to bring the agent to trial. The standoff highlights a sharpening conflict between state authorities over federal enforcement powers and constitutional accountability.
Child's Death on Texas-Sponsored Migrant Bus Sparks Outrage
A three-year-old child died Thursday while traveling on a state-funded migrant bus from Brownsville, Texas, to Chicago, intensifying the backlash against Governor Greg Abbott’s controversial transportation program. The death occurred in Marion County after the child suffered a medical emergency, according to Illinois health officials.
Maine GOP Candidate Proposes Deploying ICE Agents at Polling Stations
Bobby Charles, the Republican nominee for governor of Maine, has unveiled a plan to request armed federal agents at voting booths during the November midterm elections. In an audio recording from a recent Young Republicans event, Charles claimed he would leverage his connections to border czar Tom Homan to facilitate the deployment.
Truflation Urges Fed Rate Cut After Accurate Inflation Forecast
Data provider Truflation is pushing the Federal Reserve to lower interest rates, citing a cooling economy after its latest inflation forecast accurately mirrored the U.S. Bureau of Economic Analysis report. The firm’s projection for July PCE figures landed within 0.01 percentage point of official government data released on August 26.
Stable Sea Expands Treasury Platform with WisdomTree Tokenized Funds
Corporate finance teams using the Stable Sea Terminal can now allocate idle cash across three SEC-registered WisdomTree digital funds. By lowering investment minimums to as little as $1, the platform aims to provide smaller businesses with the same treasury management tools previously reserved for institutional-grade balance sheets.
Hyperliquid Strategies Expands HYPE Treasury to $1.9 Billion
Hyperliquid Strategies has aggressively scaled its digital asset reserves, doubling its HYPE holdings to 29.3 million tokens. The Nasdaq-listed firm, which operates through the PURR ticker, reported a $305.5 million annual net income while maintaining a debt-free balance sheet as of the fiscal year ending June 30.
Charles Schwab Expands Crypto Offering With SOL, AVAX and LINK
Charles Schwab is broadening its digital asset reach by adding Solana, Avalanche and Chainlink to its crypto platform. This expansion marks a shift for the brokerage, which previously restricted direct trading to Bitcoin and Ethereum, as it aims to capture growing demand from its 39.8 million active accounts.
LinqAlpha Launches AI Lab to Tackle Institutional Investment Trust
With a fresh $22 million in Series A funding, New York-based LinqAlpha is expanding its footprint into the Asia-Pacific market. The firm has unveiled the LinqAlpha AI Lab, a dedicated research entity tasked with establishing benchmarks for AI accountability and reasoning within high-stakes institutional investment workflows.
Watchdog: Trump Crypto Ventures Cost Investors $4.7 Billion
Investors have lost at least $4.7 billion through cryptocurrency products tied to President Donald Trump, according to a report released Thursday by Public Citizen. The findings detail a massive wealth transfer from retail buyers to early insiders, while the president himself collected millions in licensing fees.
Moonwell Lending Protocol Loses $8.7 Million in MAMO Exploit
The decentralized lending protocol Moonwell has suspended borrowing across its Core Markets on Base following a price manipulation attack that drained approximately $8.7 million. Security researchers report that the perpetrator exploited the illiquid MAMO token to inflate its collateral value before siphoning off high-liquidity cbBTC assets.
US Low-Wage Giants Funnel $718 Billion Into Buybacks
The 100 U.S. corporations offering the lowest median wages have directed $718 billion toward stock buybacks since 2019, a period during which executive compensation surged by 41%. These firms now maintain an average CEO-to-worker pay ratio of 614 to 1, effectively widening the divide between leadership and the workforce.
Ripple Prime Enters U.S. Equity Derivatives Market with Delta One
Institutional investors can now trade total return swaps linked to U.S.-listed equities, indexes, and digital assets through Ripple Prime. The newly launched Delta One service allows hedge funds and asset managers to gain market exposure without direct ownership, leveraging a unified, multi-asset brokerage architecture.
Postquant Labs Unveils Bridgeless Swap Protocol QuipSwap
Postquant Labs is launching QuipSwap, a protocol designed to execute cross-chain asset swaps without traditional bridges, oracles, or wrapped assets. By utilizing a peer-to-peer mechanism, the platform aims to eliminate common security vulnerabilities while preparing blockchain infrastructure for the future threat of quantum computing.
Swiss Town Buried After Massive Glacier Collapse
A glacial avalanche in the Lötschental Valley has left the village of Blatten buried under rock and ice, a disaster experts link directly to the rapid thawing of alpine permafrost. While the hamlet’s 300 residents had been evacuated following warning signs, one 64-year-old man remains missing in the aftermath.
Himalayan Ice Avalanche Leaves Over 1,000 Missing in Nepal
A violent wall of ice, rock, and sludge slammed into the Trishuli River valley on Wednesday, obliterating villages along the Nepal-Tibet border. With no prior rainfall to warn of the deluge, the sudden disaster has left at least 332 people dead and more than 1,000 others missing in the rugged terrain.
Bitfinex Securities Secures Record $50M for Nickel-Backed Token
Bitfinex Securities has closed a record $50 million capital raise for Alkemya, leveraging a tokenized security backed by a $1.64 billion nickel asset base. The transaction marks the platform's largest issuance to date, surpassing previous efforts centered on U.S. Treasury products and corporate debt offerings.
UK Treasury Proposes Bank of England Mandate for Digital Innovation
The British government announced plans on August 27 to grant the Bank of England a secondary statutory objective dedicated to fostering innovation in payment systems and digital assets. This move aims to modernize the financial landscape while ensuring that systemic stability remains the central bank’s primary and overriding regulatory duty.
Former MAS official Ziqing Ang joins TRM Labs as APAC policy head
Blockchain intelligence firm TRM Labs has appointed Ziqing Ang, a veteran of the Monetary Authority of Singapore, as its new Head of Policy for the Asia-Pacific region. Ang will lead efforts to coordinate with regulators and law enforcement as the firm tracks a surge in crypto-related fraud and AI-driven scams.
Kennedy Dismisses SNAP Cuts as 5 Million Lose Food Assistance
Health and Human Services Secretary Robert F. Kennedy Jr. claimed Wednesday that federal food aid cuts will have little impact, despite new data showing at least 5 million people—including 1.5 million children—have lost Supplemental Nutrition Assistance Program benefits since the Trump administration’s budget law took effect.
Nvidia Shares Surge as AI Demand Fuels Record Revenue
Nvidia shares climbed 6.7% to $223.71 in premarket trading on August 27, riding a wave of investor optimism after the company reported second-quarter revenue of $96.2 billion. The chipmaker’s performance shattered analyst expectations, signaling that the relentless appetite for artificial intelligence infrastructure remains the primary engine for market growth.