Breaking News

Crypto tech provider Haruko hit by cyberattack affecting 15 clients, some funds lost
Some smaller hedge funds with weaker security controls may have lost funds in the targeted attack, sources said.

SEC rolls out long-awaited 'innovation exemption' for tokenized securities venues
The U.S. Securities and Exchange Commission issued a blanket 5-year exemption for listing and trading tokenized securities without registering as an exchange.

Fed raises rates by 25 basis points in first hike since July 2023
The widely expected move places the U.S. Federal Reserve's benchmark fed funds rate range at 3.75%-4.0%.

Crypto Clarity Act flames out in failed U.S. Senate vote
The years-long effort to set U.S. regulations for crypto markets couldn't muster enough support to make the leap over the Senate's final 60-vote hurdle.

Democrats send counteroffer to Republicans over Clarity Act provisions
Democratic Senators were said to be meeting late Monday to discuss the latest proposed draft text.

Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike
The August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago suggested the central bank may have to act if inflation doesn't soon slow.

U.S. added stronger than expected 162,000 jobs in August as labor market bounced back
This morning's report will be key as the Fed considers whether to raise interest rates at its September policy meeting.

North Korean hackers are moving tens of millions on Hyperliquid as Trump pushes to onshore the crypto platform
Blockchain data reviewed by CoinDesk shows wallets tied to North Korea’s Lazarus Group sold more than $30 million in bitcoin on the platform in the last three weeks alone.

Fed Chair Kevin Warsh at Jackson Hole: 'We have work to do' on inflation
Warsh's highly anticipated remarks at the Kansas City Fed's annual symposium Friday morning leaned hawkish, prompting traders to quickly raise bets on a September rate hike.

Bitcoin hits $80,000 for the first time since May as crypto recovery accelerates
BTC has now surged 38% following its June plunge as shifting U.S. Treasury policy helped bring buyers back to crypto, rejuvenating ETF demand.
