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Phantom Wallet Deepens Perpetual Futures Play: Strategic Hire from Hyperliquid’s AI Markets Signals Aggressive DeFi Expansion

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phantom wallet deepens perpetual futures play: strategic hire from hyperliquid's ai markets signals aggressive defi expansion

In a significant strategic maneuver, leading crypto wallet Phantom has amplified its commitment to the burgeoning perpetual futures market by integrating the core team responsible for Hyperliquid’s innovative, albeit now defunct, OpenAI and Anthropic valuation trading projects. The talent acquisition sees Alvin Hsia, Emily Hsia, and Aris Samad, formerly the architects behind Ventuals, join Phantom’s … Read more

SEC Signals Potential Overhaul of ETF Rules: What Investors Need to Know

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sec signals potential overhaul of etf rules: what investors need to know

The U.S. Securities and Exchange Commission (SEC) has initiated a 60-day public comment period that could fundamentally reshape the landscape for exchange-traded funds (ETFs). As the market for these investment vehicles continues to expand—surging from $4 trillion in 2019 to $12 trillion in 2025—regulators are signaling a need to modernize the framework governing how novel … Read more

Circle (CRCL) Shares Crater 16% as Open USD Consortium Targets USDC Revenue Model

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circle (crcl) shares crater 16% as open usd consortium targets usdc revenue model

The stablecoin market witnessed a significant seismic shift this Tuesday as shares of Circle (CRCL) plummeted by 16%. The catalyst for this aggressive selloff was the unveiling of the Open Standard consortium and its native stablecoin, Open USD (OUSD). Backed by a heavyweight lineup of over 140 global financial institutions including Stripe, Coinbase, Visa, Mastercard, … Read more

AI Investment Fuels Job Growth: Ramp Study Challenges Automation Fears

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ai investment fuels job growth: ramp study challenges automation fears

AI Investment Drives Workforce Expansion, Challenging Job Loss Narratives Contrary to widespread concerns that artificial intelligence, particularly generative AI, is poised to displace human workers on a massive scale, a recent study by Ramp indicates a more nuanced and potentially positive correlation between AI investment and job growth. The findings suggest that companies making significant … Read more

Nasdaq Bridges TradFi and DeFi: TotalView Market Data Now Streaming via Pyth Network

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nasdaq bridges tradfi and defi: totalview market data now streaming via pyth network

In a landmark move signaling the accelerating convergence of traditional finance and blockchain infrastructure, Nasdaq announced Tuesday it will distribute its flagship TotalView market data feed through the Pyth Network, a decentralized oracle protocol that publishes institutional-grade financial data on-chain. The integration, effective immediately, grants developers, quantitative firms, and decentralized applications (dApps) programmable access to … Read more

Tokenized Securities Need Market Competition, Not Regulatory Gatekeepers: Former House Finance Chair’s Blueprint

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tokenized securities need market competition, not regulatory gatekeepers: former house finance chair's blueprint

Why America’s Capital Markets Must Embrace Tokenization Competition America’s capital markets have led the world for decades precisely because they adapt. Paper certificates gave way to book-entry records. Trading floors yielded to electronic markets. Manual processes surrendered to faster settlement, automated clearing, and global access. Each evolution sparked legitimate concerns and required guardrails, yet America … Read more

MetaMask Launches Money Account: Earn Up to 4% APY on Stablecoins, Spend & Trade in One Wallet

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metamask launches money account: earn up to 4% apy on stablecoins, spend & trade in one wallet

MetaMask Launches Money Account: Earn Up to 4% APY on Stablecoins, Spend & Trade in One Wallet MetaMask, the widely used self‑custody wallet with over 30 million monthly active users, announced a new Money Account feature that merges yield generation, payments, and trading into a single interface. Built on the high‑throughput Monad blockchain, the product lets … Read more

Jefferies Sounds Alarm: Clarity Act’s Senate Path Narrows, Crypto Volatility Looms

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jefferies sounds alarm: clarity act's senate path narrows, crypto volatility looms

The Clarity Act, widely regarded as the cryptocurrency industry’s most critical market structure legislation, faces a steep uphill battle in the U.S. Senate despite clearing the Banking Committee with a bipartisan 15-9 vote earlier this year. Investment bank Jefferies warned in a June 30 report that political headwinds, ethics disputes, and a shrinking legislative calendar … Read more

SEC Opens Comment Period on Novel ETF Rules as It Considers Overhauling U.S. Market Rules

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sec opens comment period on novel etf rules as it considers overhauling u.s. market rules

SEC Opens Comment Period on Novel ETF Rules as It Considers Overhauling U.S. Market Rules Washington, D.C. — The Securities and Exchange Commission (SEC) has announced a 60‑day request for comments that will allow market participants to weigh in on proposed changes to the regulatory framework governing novel exchange‑traded funds (ETFs). The agency says the … Read more

Ramp Study Finds Heavy AI Spending Is Linked to Stronger Hiring and Workforce Growth

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ramp study finds heavy ai spending is linked to stronger hiring and workforce growth

Companies investing most aggressively in AI are adding jobs, not cutting them Ramp, a financial operations platform, says the companies making the biggest investments in artificial intelligence are expanding their workforces rather than shrinking them. The finding pushes back against a widely discussed concern in finance and business circles: that generative AI is already triggering … Read more