Business / Finance
Solana ETFs extend growth streak to 5 days after year's biggest inflows
Monday's $33.5 million was the largest single-day inflow since December, pushing cumulative net inflows to a record $1.22 billion and trading volume to $166.8 million.
US Can Now Sanction Anyone Operating in Iran's Crypto Sector
Digital assets are among five sectors in a campaign Treasury called an “Economic D-Day,” alongside technology, gold, aviation and shipping.
Thailand moves closer to Bitcoin, Ether ETFs with draft rules
Thailand’s SEC opened consultations on local Bitcoin and Ether ETF rules and qualification standards for foreign digital asset custodians.
In U.S.-Canada trade war, Trump says they are ‘the worst’ and Canada’s top trade envoy tells him to ‘kiss my ass’
Everything you need to know before you reach the office this morning.
OnlyFans owner was paid over $700m before his death
The site hosts a range of subscription-based content from cooking to fitness videos, but it is best known for pornography.
Fishy business: who really profits when sardines go viral? - video
Once a cheap store-cupboard staple, sardines are fast becoming a luxury food item. Last year, #SardineGirlSummer saw influencers promoting the health benefits of sardinemaxxing, w…
US building twice as much gas-fired capacity as China in AI boom, analysis finds
There has been a 76% increase in under-construction gas-fired projects amid ‘frenzy’ to build more datacentersThe US has surged ahead of China in the building of new gas-fired pow…
Standard Chartered becomes first bank distributor of HKD stablecoin
The bank plans tokenized money market fund settlements in the fourth quarter as HKDAP expands its phased rollout into conventional banking.
AI is giving Trivago and its CEO Johannes Thomas a new playbook on how to beat back disruption
Also: All the news and watercooler chat from Fortune.
Franklin Templeton's Tokenized Treasury Fund Lands on HashKey
The $1.8 trillion manager is putting its onchain money market fund on the Hong Kong exchange's Earn channel.
From Scotland, I look at England’s water privatisation disaster. I wish you had done what we did | Devi Sridhar
Listening to debate, you’d think bringing English water companies into public ownership was a radical socialist idea. Here, we call it common senseProf Devi Sridhar is chair of gl…
The Fed doesn’t know who’s financing the $3 trillion AI boom
The Fed spent the past few years relearning the dangers of underestimating inflation. The challenge now is complexity and financial innovation.
Year of after-school care now costs £2,800 a child in parts of UK
Bills have jumped 42% in England over the past 10 years – and that excludes the cost of breakfast clubs and extracurricular activities Parents of primary schoolchildren in England…
U.S. widens Iran crackdown to encompass crypto, gold, shipping and technology
Treasury says Ivan Obukhov processed over $100 million in crypto for IRGC-QF oil sales since 2023.
Galaxy puts Coldcard hack losses at 1,789 BTC, with 87% unmoved
Galaxy Research’s latest tally shows that more than half of 221 Coldcard hack victim reports involved individual losses exceeding 1 Bitcoin.
Lego sales rise as World Cup and F1 ranges prove to be winners
Danish toymaker also scores success with KPop Demon Hunters, Star Wars and botanicals productsBusiness live – latest updatesLego sales have risen by more than a fifth as tie-ups w…
Business owner faces up to 280 years over $24M crypto Ponzi scheme
A federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering after he took $24 million from at least 400 investors.
Franklin Templeton and Hashkey roll out U.S. tokenized money fund in Asia
Tokenized U.S. treasury and money market funds are one of the fastest-growing segments in the digital asset markets, growing fifteenfold in two years.
Live updates: Bitcoin ETFs draw a sixth straight day of inflows as the rally holds above $80,000
Spot bitcoin funds took in $337.56 million on Aug. 24, extending an unbroken run of inflows that has now put real money behind a rally that started with a short squeeze.
Bitcoin ETFs add $338M as six-day inflow streak hits $2.26B
Bitcoin ETFs have drawn $2.26 billion over six trading days, while year-to-date net outflows have narrowed to about $2.57 billion.
Treasury’s bond buyback plan fights the market and heightens the danger, billionaire Druckenmiller says
The billionaire investor argues the intervention removes a vital check on government borrowing and fiscal accountability while markets remain the better judge of prices.
US Treasury’s Scott Bessent ‘will lose’ battle with bond markets, former mentor warns
Trump ally should cut budget deficit rather than try to suppress bond yields, says billionaire Stanley DruckenmillerScott Bessent’s attempt to calm the bond markets and push down …
Gold hits highest level in three months as traders worry about US inflation and bond market jitters – business live
Spot gold touches almost $4,700 an ounce and Bitcoin tops $80,000 while oil prices fall despite threat of heavy US sanctions on Iran and any country trading with itScott Bessent’s…
Bosses are convinced Gen Z fakes Wi-Fi outages and sick days to sneak off in summer—but 1 in 2 senior managers are guilty of the same thing
New research has found that even senior have been calling in sick and sneaking out of work to enjoy the warm weather this summer.