Elon Musk’s Twitter buyout is going so poorly that banks had to issue pay cuts
The “hung” loans have led to bankers calling it the worst buyout since 2008. Go to Source
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Anchored Coins warns of potential issues for AEUR amid FlowBank collapse
The stablecoin issuer said there was a risk of a “respective loss for the holders of AEUR tokens” due to FlowBank’s bankruptcy in June. Go to Source
Exclusive: Fireblocks granted New York charter for crypto custody
The charter allows Fireblocks to offer cold-storage custody to US clients. Go to Source
Trump Jr. to launch DeFi platform, $510B sell-off wipes 2024 crypto gains: Finance Redefined
The crypto industry could gain significant mainstream attention following Trump’s eldest son’s plans to launch a bank-rivalling DeFi platform. Go to Source
Regulators postpone listing decision for Hashdex Nasdaq Crypto Index ETF
If approved, the ETF would be the first US fund to hold a diversified portfolio of spot cryptocurrencies. Go to Source
Franklin Templeton’s tokenized money fund launches on Arbitrum
It’s a stamp of approval for the layer-2 from United States regulators. Go to Source
Europe’s fourth largest hedge fund put nearly $500M in Bitcoin ETFs — Filing
Other hedge funds are also reporting sizable positions in Bitcoin exchange-traded funds. Go to Source
Morgan Stanley wealth managers to embrace Blackrock, Fidelity Bitcoin ETFs: Report
Winning over the $3.75 trillion financial advisory firm is a historic milestone for crypto. Go to Source
Can Bitcoin price break out after Bank of England interest rate cut?
This marks the bank’s first interest rate cut in over four years, with the last rate cut occurring in March 2020. Go to Source
Bank of England Pushes for Swift Digital Payment Solutions as Cash Usage Drops
The Bank of England (BOE) is urging UK banks to expedite their digital payment solutions as cash use declines. The BOE’s recent paper highlights the need for innovations that allow direct payments from bank accounts, bypassing credit and debit cards, to save time and costs for consumers and retailers. The British central bank is developing … Read more