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Opinionated, data-backed coverage across all asset classes

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Deepfake scam losses surge 263% as AI tools reach 'mature' stage in crypto crime
Crypto1d ago

Deepfake scam losses surge 263% as AI tools reach 'mature' stage in crypto crime

TRM Labs reports 13-fold rise in AI-powered scam reports since 2022. Chainalysis finds impersonation scams up 1,400%. The security gap now lies in identity verification, not smart contracts.

Hawaii's American Savings Bank Files for IPO, Plans NYSE Listing
Stocks1d ago

Hawaii's American Savings Bank Files for IPO, Plans NYSE Listing

American Savings Bank filed for an IPO with the OCC, planning to list on NYSE under ASBH. The bank, valued at $450M in Dec 2024, operates 35 branches in Hawaii.

BitMEX to Enter Close-Only Mode Ahead of September Wind-Down
Crypto1d ago

BitMEX to Enter Close-Only Mode Ahead of September Wind-Down

BitMEX will restrict users to closing positions only from August 26 as it winds down operations. Trading ends September 23. The move follows a strategic review.

Treasury Hikes Buyback Cap; Bessent Says Auctions Unchanged
Stocks1d ago

Treasury Hikes Buyback Cap; Bessent Says Auctions Unchanged

Treasury doubles max buyback to $4B starting Sept. 9 to boost liquidity in long-dated bonds. Bessent says next auction schedule unchanged. Impact on yields and TGA balances under watch.

Block Bits Founder Guilty in $960K Crypto Bot Fraud
Crypto1d ago

Block Bits Founder Guilty in $960K Crypto Bot Fraud

A federal jury convicted Block Bits founder Japheth Dillman on all five counts for a fake crypto arbitrage bot that cost investors $960K. Sentencing could bring up to 20 years per count.

West Bengal bans 72-hour private practice by government doctors
Stocks1d ago

West Bengal bans 72-hour private practice by government doctors

The West Bengal Health Department barred teacher-doctors from private practice for 72 hours from a patient's admission to a government hospital, effective immediately.

Why some US restaurants drop tips for higher wages
Stocks1d ago

Why some US restaurants drop tips for higher wages

At La Cigale in San Francisco, a $140 fixed-price dinner includes no tip and staff earn $40 an hour. Not every restaurant succeeds with the model.

King Charles 10p coin hits UK change as 6.5 million released
Stocks1d ago

King Charles 10p coin hits UK change as 6.5 million released

The Royal Mint released 600,000 2023 and 6.5 million 2026 10p coins featuring the capercaillie. Only 1% of UK coins bear Charles' portrait, sought after by collectors.

Instacart Tests AI Assistant Ad Formats as Cart Assistant Expands
Stocks1d ago

Instacart Tests AI Assistant Ad Formats as Cart Assistant Expands

Instacart is testing three ad formats for its AI shopping assistant, aiming to convert conversational planning into sponsored placements. Full rollout expected in 2026 after Cart Assistant expands across North America. Ulta Beauty is among retailers in Google's competing Universal Cart.

Phu Quoc airport's $836M phoenix terminal nears April opening ahead of APEC 2027
Stocks1d ago

Phu Quoc airport's $836M phoenix terminal nears April opening ahead of APEC 2027

The $836M passenger terminal at Phu Quoc International Airport is 95% complete on its concrete structure, with steel framing at 70%. The April 2026 opening targets readiness for APEC 2027 delegation flights.

Ho Chi Minh City plans 120 kph metro link to $13B Long Thanh airport
Stocks1d ago

Ho Chi Minh City plans 120 kph metro link to $13B Long Thanh airport

The Thu Thiem-Long Thanh line would run 46.44 km with 18 stations, part of a push to reach 255 km of urban rail by 2030. Completion is set for 2030.

TotalEnergies CEO: Hormuz Transit Costs $20M Per Supertanker
Commodities1d ago

TotalEnergies CEO: Hormuz Transit Costs $20M Per Supertanker

TotalEnergies CEO Patrick Pouyanné said moving crude through the Strait of Hormuz costs $20 million per supertanker, or $10 a barrel. With Brent at $92, margins reach $30 before costs.

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