Hong Kong SFC authority has unveiled new guidelines for how licensed crypto platforms handle customer funds, warning that recent failures overseas show the risks of weak custody controls. Summary The Hong Kong Securities and Futures Commission has issued new mandatory custody standards for crypto. Service providers must apply stringent governance and security measures to safeguard…
Instead of going to the pharmacy to get the annual flu vaccine, many people in the US will now be able to get it shipped to their door to take at home themselves. Starting today, AstraZeneca’s FluMist is available through an online pharmacy in 34 states. FluMist is not a new vaccine. It was originally…
Kazakhstan has entered the global bitcoin investment market with the launch of Central Asia’s first spot Bitcoin exchange-traded fund (ETF). The Fonte Bitcoin Exchange Traded Fund (BETF) started trading on August 13, 2025, on the Astana International Exchange (AIX), giving investors regulated access to the world’s largest scarce digital commodity. Kazakhstan International Exchange welcomes BETF…
Key Takeaways Wells Fargo increased its stake in BlackRock’s iShares Bitcoin Trust from $26 million to over $160 million in Q2 2025. The bank also expanded its investments in other Bitcoin ETFs, including Invesco Galaxy Bitcoin ETF (BTCO) and Grayscale’s funds. Share this article Wells Fargo increased its holdings in BlackRock’s Bitcoin ETF, the iShares…
Cohere on Thursday announced that it had raised an oversubscribed $500 million round, bringing its valuation to $6.8 billion. This is up from the $5.5 billion valuation it landed a little over a year ago when it raised its previous round, also $500 million. Toronto-headquartered Cohere was one of the first breakout LLM model makers,…
BtcTurk, one of Turkey’s largest cryptocurrency exchanges, has suffered a $48 million hack that targeted its hot wallets. The company initially paused crypto deposits and withdrawals, though fiat trading and lira transactions remained online. What started as a vague “technical issue” was quickly revealed to be something far more serious. Outside analysts flagged it as…
Connections: Sports Edition is a new version of the popular New York Times word game that seeks to test the knowledge of sports fans. Like the original Connections, the game is all about finding the “common threads between words.” And just like Wordle, Connections resets after midnight and each new set of words gets trickier…
The crypto bull market is gaining momentum – and the exchanges leading the charge are thriving through explosive volume growth, product rollouts, and strategic pivots. Here’s who’s on top as of mid-August 2025 – and why they’re poised to ride the next wave. The Crypto Exchanges Dominating 2025 The first half of 2025 saw relatively…
There is a significant derivatives market shift on Binance as Bitcoin fell from $124K to below $118K. The exchange’s open interest (OI) plunged by 5% within hours, which means that many traders rapidly exited positions or closed leverage in reaction to the sudden price drop. Local Bottom Such a behavior reflects a swift change in…
One of my biggest gripes about the sex toy industry—and the tech industry for that matter—is that there’s a lot of iteration. New versions of already great products arrive every few years, with very minor changes, and you’re left wondering what the latest brings to the table outside of a higher price. Many sex toy…
