Business & Economics

xAI Courts Wall Street Experts to Make Grok Smarter for Finance

Elon Musk’s xAI is pushing deeper into the financial world. A new Bloomberg report says the company is hiring bankers, credit specialists, and other...

Brent Crude Surges Past $100 as Middle East Conflict Raises Global Supply Fears

Brent crude oil climbed above $100 per barrel for the first time in years as escalating tensions in the Middle East rattled global energy...

XRP Price Hints at Bullish Reversal as Negative Funding Rates Build Pressure on Short Sellers

XRP may be preparing for a new upward move as several market indicators start to align. Recent derivatives data and on-chain activity suggest that...

Bitcoin Exchange Supply Drops to Record Low as Winklevoss Twins Move $130M in BTC

Bitcoin supply on cryptocurrency exchanges has fallen to its lowest level on record. At the same time, Gemini founders Cameron and Tyler Winklevoss recently...

Ripple Targets Australian Financial License to Expand XRP Payments Across Asia-Pacific

Ripple plans a major expansion in Australia as it works to secure an Australian Financial Services License. The move could strengthen XRP-based payments across...

Crypto Rises as Oil Falls After Trump’s Mixed Signals on Iran Conflict

Global markets reacted quickly after U.S. President Donald Trump delivered unclear messages about the ongoing conflict with Iran. Oil prices dropped while cryptocurrencies gained...

Nedbank and Crypto.com Team Up to Bring Blockchain Payments to Africa

South African banking leader Nedbank has partnered with cryptocurrency platform Crypto.com to build blockchain-powered payment infrastructure across Africa. The initiative aims to improve cross-border...

PayPal and TCS Introduce Blockchain Network to Speed Up Freight Payments

The trucking industry often struggles with slow payments. Freight carriers usually wait between 30 and 180 days to receive money for completed shipments. Now...

South Korea’s Kospi Suffers Biggest Two Day Crash Since 2008

South Korea’s stock market faced a dramatic selloff this week as rising geopolitical tensions shook global financial markets. The benchmark Kospi index recorded its...

Central Banks Slow Gold Buying as Iran Tensions Influence Global Reserve Strategy

Central banks around the world are slowing their gold purchases as economic pressure and geopolitical tensions reshape global reserve strategies. Recent data shows that...

Ledn Launches $188M Bitcoin-Backed Bond, Marking First BTC Deal in ABS Market

Crypto lending firm Ledn Inc. has raised $188 million through a landmark Bitcoin-backed bond sale, bringing BTC-collateralized loans into the mainstream asset-backed securities market...

Hanwha Invests $13M in U.S. Blockchain Firm Kresus to Boost Institutional Web3 Adoption

South Korea’s Hanwha Investment and Securities has committed $13 million to U.S.-based Kresus Labs, signaling stronger cross-border cooperation in blockchain finance. The strategic investment...