LayerZero says it ‘made a mistake’ in $292 Million Kelp exploit
LayerZero said late Friday U.S. time that it “made a mistake” allowing its own verification infrastructure to secure high-value crypto…
Goldman Sachs Delays Fed Rate Cut Forecast to Dec. 2026
Goldman Sachs has delayed its Federal Reserve rate cut forecast by one quarter. The bank now expects the first cut…
Federal Reserve’s Bowman says regulation is pushing corporate lending out of banks and into shadow lenders
Think of it like a water balloon. Squeeze one side, the other side bulges. That, in essence, is what Federal…
Why JPMorgan AI is no longer an experiment
JPMorgan AI spending has been reclassified from discretionary innovation to core infrastructure, placing it alongside data centers and cybersecurity in…
Trader Burns $1.9M Shorting Nasdaq And S&P 500
The financial market has witnessed another massive leveraged trade gone wrong. A trader betting heavily against the Nasdaq 100 and…
Crypto Prediction Markets Move Into Mainstream Finance as Institutional Interest Grows
Traditional finance firms are expanding into crypto prediction markets as event-based contracts draw deeper liquidity. Chainalysis said inflows have risen…
Trump Media Reports $405.9M Q1 Net Loss, Driven by Crypto and Stock Write-Downs
Trump Media & Technology Group (DJT) reported a net loss of approximately $405.9 million for the first quarter of 2026,…
Lumentum joins Nasdaq-100 Index after stock surges 339% since 2025
Lumentum Holdings, the photonics and optical technology company trading under the ticker LITE, is being added to the Nasdaq-100 Index…
Boston Fed president Collins warns Iran conflict energy shocks could keep rates elevated, pressuring crypto
Susan Collins, president of the Boston Federal Reserve, used a May 7 appearance on Bloomberg’s “Big Take” podcast to deliver…
European Central Bank’s Escrivá calls for finance infrastructure review due to AI risks
José Luis Escrivá, one of the European Central Bank’s most vocal voices on modernization, is pushing central banks to take…