Key Takeaways Powell remains in place temporarily as Warsh awaits the final oath of office. Senate confirmation cleared Warsh legally, but the leadership transfer still requires formal steps. Board members raised concerns about extending the temporary chair structure without further action. Powell Holds Temporary Fed Post as Warsh Awaits Oath The Federal Reserve Board announced…
Revolut secured FCA approval on May 14 to offer private wealth services and leveraged products in the UK. Summary The FCA granted Revolut Trading a Variation of Permissions enabling managed investments and principal dealing for the first time. Revolut plans to launch a UK private banking unit this summer with a £500,000 deposit threshold. The…
Microsoft is testing Cloud-Initiated Driver Recovery, a Windows Update feature designed to roll back bad drivers with less manual IT work. The post New Windows Update May Undo Bad Driver Updates on Its Own appeared first on TechRepublic. Source link
The global financial landscape reached a historic crossroads this week with the confirmation of a new Fed Chair, while the crypto industry navigates a “marketing winter” and the rise of tokenized real-world assets. Here are the crypto news you may have missed this week. 🏛️ Macro & Regulation Kevin Warsh Confirmed as Fed Chair in…
TL;DR: Pok Pok’s lifetime subscription is on sale for $59.99 (reg. $250) and offers Montessori-inspired educational games and activities for kids ages 2 to 8. Not all kids’ apps are created equal. Some are loud, flooded with ads, and designed to keep kids tapping endlessly. Pok Pok is different due to its calmer approach and…
Key Takeaways Binance Research framed tokenization as a bridge between traditional finance and blockchain systems. Tokenized penetration across fixed income, equities, real estate, private credit, and commodities remains around 0.01%. Regulatory progress could shape whether tokenized markets move beyond early institutional pilots. Tokenized Markets Move Toward Wider Adoption Binance Research published a report on May…
Bitcoin fell to $78,600 on May 15 as bond yields surged to a 12 month high, rattling risk markets. Summary Bitcoin fell to $78,600, down roughly 4% from Thursday’s $82,000 high, as bond yields hit their highest since May 2025. The 10-year Treasury yield reached 4.54% while Fed rate hike probability surpassed 44% according to…
It’s nearly summer. Birds are migrating, flowers are blooming, and REI is kicking off its annual anniversary sale. It’s the outdoor retailer’s biggest sale of the year. This year’s REI sale starts May 15 and runs through Memorial Day, May 25. Many items are up to 30 percent off, but REI Co-op members save up…
LAB allegedly used private OTC discounts, influencer deals, and coordinated exchange activity to support price growth, ZachXBT claimed in investigations. Crypto investigator ZachXBT has accused the team behind LAB of using opaque OTC deals, insider-controlled supply, coordinated market-making activity, and hidden unlock structures to drive the token’s recent rise to a nearly $6 billion…
Investors can’t seem to get enough of RJ Scaringe or his ideas. In less than a decade, the serial entrepreneur best known for his EV company Rivian, has raised more than $12.3 billion from venture capital firms, as well as strategic and institutional investors for his three — and counting — startups. If the latest…
