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News
SHIPPING CRUNCH: Middle East War Sends Tanker Costs To Record Highs
11+ hour, 41+ min ago (218+ words) The cost of moving oil through the Middle East is surging as threats around the Strait of Hormuz and Bab al-Mandeb make shipping increasingly difficult and expensive, Reuters reports. Tanker rates have climbed to record levels while supplies of bunker…...
Japan targets $550B US investment push, eyes nuclear tranche worth $200B
1+ hour, 28+ min ago (341+ words) The deal caps tariffs on Japanese goods at 15% in exchange for massive energy infrastructure spending, with Westinghouse reactors and small modular reactors leading the charge. Takeshi Kuboki from Amagasaki, Japan Japan has pledged $550 billion in US investment as part of…...
Robinhood to add in-kind redemption and voting for Stock Tokens as TVL tops $170M
1+ hour, 1+ min ago (145+ words) The tokens currently do not offer in-kind redemption or voting rights. Logo via Wikimedia Commons; treatment-A cover, license to verify on approval Robinhood CEO Vlad Tenev disclosed Monday plans for in-kind redemption and voting capabilities for the brokerage’s Stock Tokens…...
Wyoming Stable Token Commission cites LayerZero security failures in switch to Chainlink CCIP
1+ hour, 16+ min ago (390+ words) Wyoming's stable token issuer said security failures involving access controls, key management and the $292 million KelpDAO exploit led it to replace LayerZero with Chainlink CCIP. The Wyoming Stable Token Commission has moved its state issued FRNT stable token away from…...
Oil prices rise as Middle East tensions escalate after Gulf-Iran talks canceled
53+ min ago (88+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
Market veteran predicts bearish outlook for US Treasury yields
46+ min ago (381+ words) Standard Bank strategist Steven Barrow sees 10-year yields climbing to 5.2% by year-end, with more pain ahead in early 2027 Steven Barrow, G10 strategist at Standard Bank, just raised his year-end forecast for the 10-year US Treasury yield to 5.2%. That’s up from an…...
Crossover Markets clears over $2B in trades through BitGo's Go Network
5+ min ago (323+ words) Institutional clients have now pushed more than $2 billion in cumulative notional volume through CROSSx, Crossover Markets’ electronic communication network, with all of it cleared via BitGo’s Go Network. You may own more of this than you think. Gloria Finance looks…...
TD Bank Commits $108 Billion to Canadian Infrastructure
4+ min ago (436+ words) TD Bank has announced a five-year, $108 billion (150 billion Canadian dollars) commitment to Canada’s “investment supercycle.” The project is designed to prompt new lending, underwriting and other financial activities while promoting investment and critical sectors, the Toronto-based TD announced Monday Sept....
Palo Alto Networks and rivals surge as AI leaders warn of new cyber threats
18+ hour, 25+ min ago (307+ words) Palo Alto, CrowdStrike and Zscaler are all up around 15% as investors bet that growing concerns over increasingly capable AI systems could drive greater demand for cybersecurity solutions. Cybersecurity stocks are surging on Wall Street as growing concerns about the risks…...
Ocean Power Technologies Announces Reverse Stock Split
4+ day, 9+ hour ago (195+ words) Effective as of the effective time of the Reverse Stock Split, the initial purchase price of $2.25 per one thousandth of a share of Series A Participating Preferred Stock was multiplied by the Reverse Stock Split ratio factor of 30, resulting in…...