All news
Corient Remains Silent on Reported Acquisition of LetUs Private Office
Miami-based wealth manager Corient is declining to confirm reports that it has added French multi-family office LetUs Private Office to its growing portfolio. The silence follows a June 26 Citywire report alleging the transaction, marking another potential expansion into the European market for the aggressive American firm.
Loopring Shuts Down Pioneering Ethereum Exchange
After years of struggling to maintain relevance against newer Ethereum scaling networks, Loopring has officially shuttered its decentralized exchange and automated market maker. The team confirmed that despite its status as an early pioneer of zero-knowledge rollup technology, the protocol could no longer sustain operations due to persistent adoption hurdles.
Private Markets and Specialized Funds Expand Global Offerings
Investment firms are aggressively diversifying their product lineups, with Hamilton Lane, Fortem Capital, KBC Asset Management, and Altana Wealth launching new strategies. These initiatives aim to capture demand for private equity access, managed futures efficiency, and sophisticated downside protection in an increasingly volatile global market.
Mirabaud UK Targets Organic Growth Amid Talent Battle
Stuart Bates, CEO of Mirabaud Wealth Management’s UK arm, plans to scale the firm’s local presence through deliberate, selective hiring rather than acquisitions. The Geneva-headquartered bank, which has operated in London since 1990, aims to add two to three relationship managers annually to preserve its collaborative, flat-structured culture.
Léa Dunand-Chatellet to Lead Sustainable Investor Mirova
Léa Dunand-Chatellet will take the helm at Mirova on July 1, 2026, as the firm’s incoming chief executive officer. The appointment, confirmed by the board of directors, marks a leadership transition within the Natixis Investment Managers affiliate as it looks to advance its long-term sustainable finance objectives.
UK Fund Managers Increase Personal Stakes in Private Markets
Twelve percent of personal wealth is currently committed to private markets by UK fund managers, a figure expected to climb to 18 percent within three years. New research from Wealth Club indicates that those managing private equity, credit, real estate, and infrastructure are increasingly backing their own sector with significant capital.
Orbis Investments Bets on AI Energy Infrastructure
Artificial intelligence is shifting the investment landscape from pure software plays to the raw materials powering the digital revolution. Alec Cutler, portfolio manager at Orbis Investments, argues that the most compelling opportunities lie not in the tech giants themselves, but in the energy and hardware ecosystems supporting their growth.
Congressman Khanna Plans Legal Action Against Trump Over Iran Strikes
Democratic Congressman Ro Khanna is mobilizing colleagues to file a historic lawsuit against the White House, arguing that the latest U.S. military strikes on Iran constitute a direct violation of the War Powers Resolution passed by Congress earlier this month to halt the ongoing conflict.
WHO Chief Warns European Heat Crisis Was Predicted for Decades
As death tolls from Europe’s blistering heat wave climb past 1,300, World Health Organization Director-General Dr. Tedros Adhanom Ghebreyesus cautioned that these lethal events are no longer anomalies. He described the current record-shattering temperatures as the inevitable consequence of global warming that scientists have warned about for years.
Trump Climate Policies Linked to 1.3 Million Preventable Deaths
As world leaders gather in Belém for the COP30 climate summit, a new analysis reveals that President Donald Trump’s aggressive rollback of environmental regulations could trigger 1.3 million additional heat-related deaths globally over the next 80 years, primarily hitting vulnerable populations across Africa and South Asia.
Heat-Related Deaths in the U.S. Have More Than Doubled Since 1999
As heat alerts blanket the U.S. Midwest, new research from the Journal of the American Medical Association reveals that heat-related mortality surged 117% between 1999 and 2023. The study highlights a troubling shift, with fatalities reaching a record high of 2,325 last year as global temperatures continue to climb.
Family Offices Pivot Toward Higher-Risk Alternative Investments
Three-quarters of global family offices plan to ramp up their investment risk appetite over the coming year, according to a new study from service provider Ocorian. The shift is primarily fueled by improved transparency in alternative asset classes, with private equity emerging as the top beneficiary of this capital allocation.
Meta Octav Targets Boutique Wealth Market Across Swiss-Asian Corridor
Founded on the belief that personal trust outweighs transactional efficiency, Meta Octav has launched as a dual-hub advisory firm connecting Geneva and Hong Kong. Managing partners Kateryna Viy and Cécile Civiale Vuillier are positioning the boutique to serve families and entrepreneurs navigating complex, cross-border financial transitions in an increasingly volatile global climate.
Amundi Targets Asia Expansion with €150 Billion Inflow Goal
With €473 billion already under management in Asia, Paris-based asset manager Amundi is setting its sights on a new growth phase. The firm aims to secure €150 billion in net inflows across the region by 2028, betting on a rising middle class and deepening demand for retirement and diversification solutions.
Lombard Odier and Alpha Japan Deepen Strategic Partnership
Swiss private bank Lombard Odier and Tokyo-based Alpha Japan LO am have formalized an expanded partnership to bridge their respective markets. The deal rebrands the Japanese firm—formerly Alpha Japan Asset Advisors—to reflect a closer alignment of asset management capabilities and cross-continental distribution networks for institutional clients.
XRP Holds Key $1 Support as ETF Inflows Diverge from Market Trend
XRP currently trades near $1.05, struggling to maintain its footing after a 19% slide over the last month. While broader market sentiment remains shaky, the token’s ability to defend the $1 psychological threshold is being tested against a backdrop of rising on-chain activity and persistent institutional interest.
Tether Expands Gold Strategy Through Ledn Lending Integration
Tether is embedding its XAU₮ tokenized gold into the Ledn lending platform, allowing users to borrow against physical bullion without liquidating their holdings. This move marks a strategic effort to shift tokenized gold from a static store-of-value asset into a functional collateral instrument within the broader digital finance ecosystem.
Zohran Mamdani Defies Democratic Establishment Critics
When ABC News host Jonathan Karl warned New York City Mayor Zohran Mamdani that Republicans would brand him the poster child for the Democratic Party, the mayor didn't flinch. "Let them," Mamdani replied, leaning into a record of progressive governance that he insists is winning over voters nationwide.
Polymarket Phishing Attack Losses Reach $3.1 Million
A security breach targeting the Polymarket frontend has escalated, with blockchain analytics firm AMLBot confirming that attackers drained $3.1 million from 11 user wallets. The incident, executed via malicious code injected by a compromised third-party vendor, has forced the platform to pledge full refunds to affected users.
CZ blames AI surge and geopolitical strain for 2026 crypto slump
Bitcoin’s descent from its October 2025 peak above $126,000 toward the $60,000 mark has left investors questioning the current market structure. Binance founder Changpeng Zhao argues the downturn is not the result of a single catalyst, but rather a confluence of global tensions, shifting capital flows, and traditional cyclical patterns.
Michael Saylor signals Bitcoin buy as Strategy stock valuation dips
Michael Saylor has stoked speculation of another Bitcoin acquisition by Strategy, sharing a digital tracker update with the cryptic remark, “We’re gonna need more charts.” The post arrives at a sensitive moment, as the firm’s market net asset value (mNAV) has slipped below 1.0 for the first time this cycle.
Mike Novogratz links Bitcoin market instability to Strategy’s funding model
The recent slide in Bitcoin’s valuation is no longer just a matter of macro-economic shifts, according to Galaxy Digital CEO Mike Novogratz. He points to a growing crisis of confidence surrounding Strategy, the firm formerly known as MicroStrategy, whose complex capital structure is now weighing heavily on investor sentiment.
Ripple President Monica Long to Headline XRP Seoul 2026
Ripple President Monica Long will headline XRP Seoul 2026 this October, signaling a strategic focus on one of the world’s most active retail markets for the token. Her appearance during Korea Blockchain Week highlights the company's deepening integration into the region's financial infrastructure, from tokenized bonds to institutional custody services.
Base Pinpoints Persistent Sequencer Bug Behind Back-to-Back Outages
A single flaw in the block-building logic paralyzed the Coinbase-backed Base network twice in two days, stopping block production for nearly two hours on June 25 and another 20 minutes on June 26. While user funds remained untouched, the sequencer failure triggered a cascade of errors that effectively stalled the chain.
Coinbase CEO Defends Betting Features Amid Ethics Clash
Coinbase CEO Brian Armstrong has pushed back against criticism from Zcash founder Zooko Wilcox, who accused the exchange of aggressively promoting high-risk betting prompts to vulnerable users. The dispute highlights the growing friction between expanding financial product offerings and the ethical responsibility of platforms to protect less experienced investors.
Taiko Outlines Four-Phase Recovery Following Bridge Exploit
Following a June 21 security breach that compromised its chain-state verification, the Taiko layer-2 network is preparing a phased return to operations. The project confirmed that the specific attack path has been closed and verified by independent security experts, with a recovery strategy designed to prevent any loss of user funds.
SecondFi targets two-week window for $2.4M Cardano recovery
Sixteen million ADA, worth approximately $2.4 million, remains missing after a flaw in SecondFi’s wallet generation software allowed attackers to drain 374 addresses. As the platform works to restore user assets, engineers are testing multiple recovery routes with a target completion date set for early July.
Grayscale Urges Strategy to Offload $3B in Bitcoin to Stabilize Shares
A $3 billion Bitcoin liquidation could do more for Strategy’s market credibility than incremental dividend hikes, according to Grayscale research head Zach Pandl. As the firm’s preferred stock continues to trade below its $100 target, investors are questioning whether the company’s treasury model can sustain its mounting cash obligations.
Coinbase and OKX Lure European Users as Binance Scales Back
As the July 1 MiCA deadline looms, European crypto investors are finding themselves at the center of a high-stakes migration. With Binance forced to suspend key services across the bloc due to pending regulatory approval, rivals Coinbase and OKX are aggressively courting displaced users with financial incentives to switch platforms.
Divergent Pools: Mamdani Takes the Plunge as DC Goes Dystopian
While National Guard troops patrol the fenced-off Lincoln Memorial Reflecting Pool under the watchful eye of automated surveillance, New York City Mayor Zohran Mamdani offered a starkly different vision of civic life on Saturday, jumping into a public pool in East Harlem fully dressed to celebrate the start of summer.