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Trump Fires Fed Governor Cook Over Mortgage Fraud Allegations
US President Donald Trump fired Federal Reserve Governor Lisa Cook on Monday, marking an unprecedented escalation in his battle with the central bank. The dismissal represents the first time a preside...

China Crypto Treasuries, Gate Japan Expansion and More: APAC Morning Brief
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. Chinese inst...

Temu Parent PDD Holdings Reports 7% Revenue Growth Despite Tariffs
Temu parent company PDD Holdings saw its revenue grow but its operating profit fall during the second quarter, with executives saying the company is investing in “long-term impact.” PD...

Treasurers Step Into Strategy Room as Scenario Planning Becomes Corporate Weapon
Spreadsheets may be dying a slow death, but they’re still on their way out the door. And no one is more grateful than the corporate treasurer. Treasury used to run on lag. Reports rolle...

Aave reaches $41.1 billion TVL record, equivalent to being the 54th largest US bank
Aave reached an all-time high total value locked (TVL) of $41.1 billion on Aug. 24, positioning the decentralized lending protocol as the equivalent of the 54th largest US commercial bank by total dep...

Crypto staking ETF launch strategy prioritizes centralized partners over immediate DeFi adoption
Crypto exchange-traded fund (ETF) issuers are likely to partner with centralized staking providers following approval, but will eventually pivot to decentralized protocols as regulatory frameworks mat...

Bitpanda Unveils DeFi Wallet to Bring Web3 to European Investors
Vienna-based Bitpanda, a European investment platform founded in 2014 by Eric Demuth, has launched its innovative Bitpanda DeFi Wallet, marking a significant step toward making decentralized finance a...

Will the GENIUS Act Usher a Stablecoin Startup Funding Boom?
The “Guiding and Establishing National Innovation for US Stablecoins of 2025”, also known as the GENIUS Act, might pave the way for yet another boom for crypto. Could it also spell a flurry o...

Hyperliquid surpasses Robinhood in monthly trading volume for the third consecutive month
Hyperliquid registered more trading volume than Robinhood for the third consecutive month, with July marking the largest gap between platforms at 39.1%. DefiLlama data shows the decentralized derivati...

AI Agents Take Commerce Beyond the Search Bar
Agentic artificial intelligence is embedding itself into everyday shopping and enterprise workflows, turning simple prompts into fully executed tasks and streamlining online interactions that improve ...