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Prediction market traders across Polymarket and Kalshi have committed more than $2 billion to the 2026 FIFA World Cup winner market ahead of Thursday’s opening kickoff, with Spain and France sharing the frontrunner position as the tournament launches across North America. Spain and France Lead the Board On Polymarket, as of 3:30 p.m. EDT on … Read more
Japan’s three largest banks announced plans Wednesday to jointly issue a yen-pegged stablecoin and begin live commercial transactions before March 2027, a direct move to build domestic digital payment rails as USD-denominated stablecoins hold an estimated 84% to 90% of the $300+ billion global market. Banks Sign MOU, Form Governance Council MUFG Bank, Mizuho Bank, … Read more
SpaceX is set to price its $75 billion IPO at $135 per share on June 11, with shares debuting on the Nasdaq under the ticker SPCX at 9:30 a.m. EDT on June 12. The offering would give the company a post-IPO market cap of roughly $1.75 trillion, placing it among the largest public listings in … Read more
The U.S. Bureau of Labor Statistics reported Wednesday that May 2026 headline consumer price inflation climbed to 4.2% year-over-year, the hottest reading since April 2023, driven almost entirely by a war-linked energy spike as President Donald Trump escalated rhetoric against Iran on the same morning. Inflation Accelerates for Third Straight Month The May CPI print, … Read more
Morpho just made history. The decentralized credit protocol has closed a $175 million funding round, the largest raise DeFi has ever seen and the investor lineup behind it reads like a who’s who of the most serious capital in both traditional and crypto finance. The round was co-led by Paradigm, a16z crypto, and Ribbit Capital, … Read more
Bitget Wallet just opened a tokenized equity subscription for SpaceX through xStocksFi, giving regular crypto users a shot at price exposure to one of the most valuable private companies on the planet, with a $3 million total pool and a hard cutoff on June 11. The subscription is live right now and runs until June … Read more
The Open Network’s native token Toncoin is being renamed to Gram, with the ticker changing from TON to GRAM, effective June 15 at 12:00 UTC. The community has spoken with an 81.22% majority, the rollout is already underway, and every exchange, wallet, and block explorer in the ecosystem has a hard deadline to complete the … Read more
Morpho has raised $175 million in a funding round led by Paradigm, A16z Crypto, and Ribbit Capital. The DeFi lending protocol is now valued at about $2 billion as it expands from crypto-native markets into institutional finance. Morpho Targets Institutional Finance as TVL Hits $6.6B Morpho has raised $175 million in fresh funding, giving the … Read more
$61 an hour by 2034 is where union housekeeper pay is headed under a strike-averting deal that lifts wages 50% over eight years, putting full-time earnings at $100,000 to $110,000 by 2032. In a market where Manhattan rooms already average between $500 and $600 a night, rates are expected to climb another 50% to 60% … Read more
Anthropic launched Claude Fable 5 on Tuesday, releasing a Mythos-class artificial intelligence (AI) model for general use that tops rivals on coding, finance, and vision benchmarks while cutting pricing to less than half of what Claude Mythos Preview costs. What Claude Fable 5 Is Fable 5 is Anthropic’s most capable publicly available model. In Tuesday’s … Read more