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NEWYou can now listen to Fox News articles! Months after Prince Harry lost his appeal challenging the U.K. government’s decision to strip him of his publicly funded security, the Duke of Sussex’s security measures are reportedly set to be reviewed by the Home Office. Prince Harry wrote privately to the home secretary, Shabana Mahmood, requesting … Read more
The IMF says large dollar stablecoins can accelerate currency substitution, weaken monetary control in fragile economies, and require strict, globally coordinated regulation and reserves. Summary The IMF notes stablecoins top $300 billion, mostly dollar-pegged, and can leapfrog local banks and payment rails via smartphones and unhosted wallets. Widespread dollar stablecoin use could shift savings and … Read more
Apple Inc., long the model of stability in Silicon Valley, is suddenly undergoing its biggest personnel shake-up in decades, with senior executives and key engineers both hitting the exits. In just the past week, Apple’s heads of artificial intelligence and interface design stepped down. Then the company announced that its general counsel and head of governmental affairs were leaving as well. … Read more
Tokenized private credit has emerged as a potential risk factor for cryptocurrency projects, according to industry observers monitoring recent market developments. Summary DeFi protocols are increasingly using tokenized private credit as collateral for lending and stablecoins, introducing a relatively new type of real-world asset into crypto markets. Analysts warn that distressed private credit could transmit … Read more
The Supreme Court heard oral arguments yesterday in a billion-dollar internet piracy case that could decide if internet service providers (ISPs) are liable for the digital theft perpetrated by their customers who simply refuse to pay for that new Sabrina Carpenter track. Sony and a group of other music labels claim that Cox Communications should be held … Read more
Key Takeaways JPMorgan’s Jack Caffrey sees Bitcoin as a risk indicator. The analyst finds it interesting when Bitcoin lags while gold rallies, questioning its “risk-free” status. Share this article Jack Caffrey, JPMorgan’s portfolio manager, said Tuesday that Bitcoin is one of several risk indicators investors can watch to gauge market risk. Speaking with CNBC’s Squawk … Read more
Sorry, prospective homebuyers. Just over a year after adding climate risk scores, Zillow has removed them from more than 1 million listings after real estate agents complained that the information was causing them to lose sales. Zillow first added the data to the site in September 2024, saying that more than 80% of buyers consider … Read more
NEWYou can now listen to Fox News articles! People with “beer bellies” may have an increased risk of heart damage, raising fresh concerns about the health risks tied to extra weight around the midsection. German researchers found that men with fat deposits around the abdomen showed clear signs of early heart damage, even when their … Read more
Arthur Hayes warned that Tether is running a risky interest rate trade that could threaten USDT solvency if markets move against the stablecoin issuer. Summary Arthur Hayes says a 30% drop in Tether’s BTC and gold could erase its equity. Hayes argues the company’s interest-rate strategy may strain USDT solvency. Tether shuts Uruguay mining as … Read more
Key Takeaways Arthur Hayes suggests Tether is in the early stages of a massive interest-rate trade, betting that Fed cuts will hurt Treasury income but send Bitcoin and gold higher. He argues that a major drop in Bitcoin and gold positions could wipe out Tether’s equity. Share this article BitMEX co-founder Arthur Hayes argues that … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4