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Seventy years ago, IBM introduced the IBM 650 as its first mass-produced computing machine, selling 450 units. Last year, the global information-technology industry sold an estimated $5.7 trillion of goods and services. I believe this demonstrates that access to digital information is now as important for success as intellectual property or brand. More than size, … Read more
Amid the alarming trend of colorectal cancer cases rising among young people, a new study has pinpointed a potential source. Researchers from University of California San Diego have linked a bacterial toxin called colibactin to the increase in early-onset cases. Colibactin is produced by certain strains of Escherichia coli (E. coli) that exist in the … Read more
Wedbush Securities analyst Dan Ives slashed his price targets for Apple and Tesla over the weekend as President Trump’s tariffs threaten to disrupt both businesses. “The tariff economic Armageddon unleashed by Trump is a complete disaster for Apple given its massive China production exposure,” Ives said in a warning note over the weekend. “In our … Read more
Ethena Labs has provided an update confirming that its unrealized PNL exposure to the hacked crypto exchange Bybit is now zero. The update follows an earlier post in which the Ethereum-based synthetic dollar protocol reassured users that its USDe stablecoin had minimal exposure to the incident. Previously, the Ethena (ENA) team stated that PNL exposure … Read more
“The FAIR Plan, a not-for-profit catastrophe insurer, has the payment mechanisms in place to ensure all covered claims will be paid.” Read More
Can Grayscale’s XRP Trust revive institutional interest in XRP? On Jan. 17, 2024, Grayscale Investments, a digital currency asset management firm, has announced the reopening of its XRP (XRP) Trust to eligible accredited investors. Grayscale XRP Trust is open to eligible accredited investors seeking exposure to $XRP, which powers the XRP ledger, a distributed network … Read more
Bitwise, a global crypto specialist asset manager, and VettaFi, a leading provider of ETF news and analysis, joined forces for the seventh consecutive year to conduct the Bitwise/VettaFi 2025 Benchmark Survey of Financial Advisor Attitudes Toward Crypto Assets. According to the survey of around 430 financial advisors across US, the factor most likely to make … Read more
Anadolu | Anadolu | Getty Images Bitcoin ETFs were a hit with investors in 2024, and now asset management firms are starting to build out ways to combine crypto and derivatives in exchange-traded packages. New products are set to roll out this month. Asset manager Calamos announced Monday that it will launch a structured protection … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Asset manager M&G is suing Royal London over its purchase of the mutual’s financial adviser platform, claiming that some client pension money had been invested in “inappropriately risky” products before the deal and that it … Read more
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