MainStreet-related stablecoin MSUSD fell as much as 85% from its intended $1 peg after reserve-verification provider Accountable ended its service agreement with the protocol, triggering a broader liquidity scare across…
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U.S. spot crypto exchange-traded funds recorded no flow activity on June 19 because U.S. stock markets were closed for Juneteenth, leaving investors to assess a weak four-day trading week that…
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Why Is Baillie Gifford Moving Fixed Income Onchain? Baillie Gifford has launched a tokenized fixed-income fund with BNY, bringing a traditional actively managed bond strategy onto public blockchain rails through…
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Business
Why Diageo, Heineken and Anheuser-Busch are battling falling alcohol demand?
by adminby adminAlcohol companies have had fewer reasons to say “cheers” in recent years. Volumes have been falling, and the entire business model is undergoing a structural shakeup as younger people drink…
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The S&P 500 Index remained under pressure last week after the Federal Reserve delivered a highly hawkish interest rate decision. It also wavered as investors reacted to the new ceasefire…
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AbbVie (ABBV) is closing in on a deal to buy Apogee Therapeutics for $10.9 billion in cash, according to a Reuters report citing people familiar with the matter in the…
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Google DeepMind is treating its most advanced AI agents the same way a security team treats an employee with sensitive access: as a potential insider threat. The company published an…
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Finance & Investment
Vanguard warns that investors lose control without incapacity plan
by adminby adminBuilding a retirement strategy often involves years of careful planning, consistent contributions, and ongoing portfolio management. But Vanguard is raising a concern that most investors overlook, and it’s one that…