Paxos, the issuer behind PayPal’s PYUSD stablecoin, accidentally minted $300 trillion in excess tokens before swiftly burning the surplus and calling it a ‘technical error.’
Gold prices hit a new all-time high above $4,200 per ounce as investors reacted to deepening U.S.-China trade tensions and rising bets on further Federal Reserve rate cuts.
Binance has unveiled a $400 million ‘Together’ initiative that includes a $300M USDC compensation program and a $100 million institutional support fund, as the exchange moves to restore user confidence after a volatile week for global crypto markets.
Gold hit a record $4,179 per ounce on Tuesday as investors piled into safe-haven assets amid escalating US-China trade tensions and expectations for deeper Federal Reserve rate cuts.
BlackRock’s assets under management climbed to a record $13.46 trillion in the third quarter, driven by $205 billion in inflows, record ETF demand, and rising technology and private market revenues.
Broadcom stock jumped after OpenAI announced a partnership to co-develop 10 gigawatts of custom AI accelerators, expanding the chipmaker’s foothold in next-generation data infrastructure.
Donald Trump is now estimated to hold $870 million in Bitcoin, placing him among the largest individual crypto holders in the U.S.
A crypto whale placed a $900 million short bet against Bitcoin and Ethereum, signaling growing bearish sentiment amid volatile market conditions.
President Trump announced plans to impose an additional 100% tariff on Chinese imports, triggering an estimated $18 billion sell-off in crypto markets as investors react to renewed trade tensions.
Citigroup projects that Indian companies could raise as much as $20 billion via IPOs in the coming year, signaling strong momentum in equity capital markets.
WeWork India’s stock slipped nearly 2% from its ₹648 IPO price during its trading debut, as investors expressed caution over valuation and governance.
Barry Silbert is launching Yuma Asset Management, backed by $10 million from DCG, to invest in AI-crypto infrastructure via Bittensor subnet tokens.
Shayne Coplan becomes the youngest self-made billionaire after ICE, the New York Stock Exchange parent, invests $2 billion in Polymarket.
Spot silver prices surged past $49 per ounce on Wednesday, reaching levels not seen since April 2011 and renewed interest in precious metals markets.
BNB reached a record high near $1,330, surpassing XRP in market capitalization and reinforcing its position as the third-largest cryptocurrency.