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Bessent: 'Zero Leakage' Iran Sanctions Already Taking Effect

Treasury Secretary Scott Bessent said new sanctions are already pressuring Iran as the rial trades at 2 million per dollar. A US-China summit next month looms over enforcement against oil buyers.

Stocks2d ago

Lakers $12.5B sale tests family trust after Buss siblings split

Jeanie Buss opposes a $12.5B offer for the Lakers from Iger and Kushner. Her five siblings want to sell. The family trust's terms and a 2017 court order will decide who controls the team.

Stocks2d ago

Lady Gaga's Fiancé Launches Skin-Tissue Startup With $23M

Outer Biosciences uses live human skin from plastic surgery to test cosmetics ingredients, backed by $23M from top VCs. Lady Gaga sits on the board. Her fiancé Michael Polansky co-founded the startup.

Crypto2d ago

Bitcoin Surges Past $79K in Biggest 3-Day Rally Since 2023

Bitcoin surged 20% in three days, its best rally since early 2023, as Treasury bond purchases pushed yields lower and triggered a $4 billion short squeeze.

Macro2d ago

Bessent's Bond Moves Fail to Convince Prediction Market

Kalshi and Polymarket traders assign over 50% chance 10-year yields stay high despite Bessent doubling buybacks and considering TGA funds for support.

Crypto2d ago

Stand With Crypto Endorses 32 House Members Over CLARITY Vote

Coinbase-backed group backs 32 incumbents who voted for the CLARITY Act. Over 3M advocates, $200M in industry spending, bill stalled in Senate.

Crypto2d ago

Stablecoin KYC Debate Moves to Exchanges and Wallets

FinCEN's stablecoin CIP proposal draws comments on secondary-market KYC requirements and redemption-triggered customer relationships. The comment period closed Aug. 21. Regulators must decide who owns the customer relationship.

Crypto2d ago

Binance bStocks adds 60,700 holders in a day; AUM tops $500M

Binance's bStocks hit 522,000 holders and $500M AUM in two months, adding 60,700 holders in a day. Off-hours trading accounts for up to 62% of volume.

Crypto2d ago

Fasset Reaches $1B with SBI Stablecoin Push

Fasset hit $1B valuation after SBI-led $68M round. Volume exceeds $40B across 125 countries. Funding will expand Own Network and AI routing for stablecoin payments.

Stocks2d ago

Mark Ruffalo: Stick Around, Don't Lose Your Heart

Mark Ruffalo's advice to 'stick around, don't lose your heart' comes from a life of rejection, a brain tumor, and activism. A grounded take on perseverance.

Crypto2d ago

Sandbox Bridge Exploited: 14.9B SAND Minted, $675K Lost

The Sandbox's cross-chain bridge on Base and BSC was exploited, minting 14.9B unbacked SAND. Only $675K in backed tokens was drained; exchanges suspended deposits. Full post-mortem pending.

Stocks2d ago

Raley’s to close 7 stores as supermarket downsizing spreads

Raley’s will shutter four more stores, bringing its 2026-2027 total to seven. The closures are part of a broader industry pullback that includes Kroger and Albertsons.