Varyante - Furkan's News Aggregator

Mastercard, Borderless test shared identity checks for stablecoin transfers

<img src="https://s3-images.ctmedia.io/media/article-covers/hi-bitlicense-approval-shines-fresh-light-on-new-york-crypto-mastercard.jpg" alt="Mastercard, Borderless test shared identity checks for stablecoin transfers" class="type:primaryImage">Mastercard and Borderless are exploring ways to bring more trust into cross-border stablecoin transfers through the payment processing giant’s Crypto Credential framework.

The government owns some of the same stocks you do. Here’s why that is risky.

Recent deals to have the U.S. take a stake in companies mark something new: Government ownership used as a standing industrial-policy tool rather than an emergency backstop.

ADP says businesses add the fewer new jobs in six months

ADP said U.S. businesses created just 44,000 new jobs in July — the smallest increase in six months — in another sign of a sluggish labor market in which hiring is unusually soft.

The S&P 500 just hit a new high. ‘Big Short’ investor Michael Burry thinks it could bring a 1987-style fall.

The famed investor says watch out after that S&P 500 surge on Tuesday. He’s not budging from some bearish tech views.

Uber profit narrowly beat forecasts as trips across its platform surge

Uber Technologies shares fell early Wednesday, despite the ride-hailing company registering earnings a tad above Wall Street estimates in the second quarter as a jump in passengers and deliveries boosted revenue.

Binance sues RedotPay over alleged $473 million user losses: Report

<img src="https://s3-images.ctmedia.io/media/article-covers/hi-binance-vs-us-court-follow-up.jpg" alt="Binance sues RedotPay over alleged $473 million user losses: Report" class="type:primaryImage">Binance-linked companies sued RedotPay, accusing it of diverting more than 470,000 Binance Card users under a commercial deal and seeking nearly $473 million in damages.

Lilly’s revenue soars 48%, driven by demand for its GLP-1s

Lilly’s sales were driven by higher-than-expected demand for Mounjaro and Zepbound, its GLP-1 drugs for Type 2 diabetes and weight loss.

Circle Q2 revenue falls short of Wall Street estimates

<img src="https://s3-images.ctmedia.io/media/article-covers/komodo.jpg" alt="Circle Q2 revenue falls short of Wall Street estimates" class="type:primaryImage">Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million.

Walt Disney’s stock climbs as company cites ‘Toy Story 5’ for earnings growth

Walt Disney’s stock, which has been struggling all year, rallied on Wednesday as the entertainment giant reported surprisingly strong earnings.

Reports of the 60/40 portfolio’s demise are proving to be premature

The balanced stock-bond portfolio is defying the widespread argument that it is no longer an appropriate approach.

Is it a bad time to buy a home? Buyers say yes, data shows.

More people are hitting pause on buying a home, as surging mortgage rates continue to hinder the housing market.

Bitcoin ETFs log inflows as cold wallet hack reignites custody debate

<img src="https://s3-images.ctmedia.io/media/article-covers/hi-a-stronger-foundation-for-bitcoin-etf-applications1-1.jpg" alt="Bitcoin ETFs log inflows as cold wallet hack reignites custody debate" class="type:primaryImage">US spot Bitcoin ETFs drew $382 million in two-day inflows, with Galaxy’s Bitcoin ETF returning to gains as the Coldcard incident renewed custody concerns.

S&P gives BlackRock tokenized reserve fund top stability rating

The rating recognizes the fund’s ability to maintain a stable net asset value, while S&P separately reaffirmed USDT among the lowest-rated stablecoins under its existing assessment framework.

Bitcoin price-metric basket sees longest capitulation since FTX blow-up: Glassnode

<img src="https://s3-images.ctmedia.io/media/article-covers/article-covers-66799-bitcoin-dominance-cycle-suggests-the-2017-crypto-rally-could-repeat.jpg" alt="Bitcoin price-metric basket sees longest capitulation since FTX blow-up: Glassnode" class="type:primaryImage">Glassnode confirmed that its aggregate BTC price cycle tool was in its coldest phase since the collapse of FTX in late 2022.

BlackRock brings tokenized money market funds to Europe via JPMorgan

<img src="https://s3-images.ctmedia.io/media/article-covers/news-crypto-studio-blackrock.jpg" alt="BlackRock brings tokenized money market funds to Europe via JPMorgan" class="type:primaryImage">JPMorgan’s Kinexys platform will tokenize select BlackRock money market fund shares denominated in pounds, euros and US dollars.

Proof of Play to shut down after blockchain gaming thesis falls short

<img src="https://s3-images.ctmedia.io/media/article-covers/nft-gaming-entertainment-ecosystem.jpg" alt="Proof of Play to shut down after blockchain gaming thesis falls short" class="type:primaryImage">The a16z-backed studio will open-source Pirate Nation assets, while an independent foundation continues supporting the PIRATE token.

Forgd brings its crypto market-maker leaderboard to DefiLlama

<img src="https://s3-images.ctmedia.io/media/article-covers/hi-market-makers-vs-market-takers-key-differences-explained.png" alt="Forgd brings its crypto market-maker leaderboard to DefiLlama" class="type:primaryImage">Forgd’s ratings draw on data from more than 500 token projects and 35 market-making firms, but do not solely reflect trading performance.

Boerse Stuttgart Digital, Tradias close European crypto merger

<img src="https://s3-images.ctmedia.io/media/article-covers/hi-institutional-trading-and-cryptocurrency-industry-eu.jpg" alt="Boerse Stuttgart Digital, Tradias close European crypto merger" class="type:primaryImage">The completed tie-up combines Boerse Stuttgart Digital’s custody business with Tradias’ trading operations under a joint management team.

AI credit bubble could fuel Bitcoin ‘crack-up boom’ past $1M: Hayes

<img src="https://s3-images.ctmedia.io/media/article-covers/arthur-hayes3-1.png" alt="AI credit bubble could fuel Bitcoin ‘crack-up boom’ past $1M: Hayes" class="type:primaryImage">Hayes likened the debt-fueled AI infrastructure boom to the 2008 credit bubble, but evidence suggests financial strain is uneven across Big Tech.

CLARITY or not, crypto isn’t going back in the bottle: Bitwise

<img src="https://s3-images.ctmedia.io/media/article-covers/hi-where-are-the-bitcoin-traders-going-now-after-clarity-act-1.jpg" alt="CLARITY or not, crypto isn’t going back in the bottle: Bitwise " class="type:primaryImage">Matt Hougan argues that regulatory guidance from the SEC and CFTC would keep the industry moving even if Congress fails to pass landmark market structure legislation this year.