A federal jury convicted Ferrum Capital owners Joshua Allen and Michael Cox on all four counts on 18 August after a weeklong trial in San Antonio. The US Attorney's Office for the Western District of Texas announced the verdict on 19 August. Allen and Cox were taken into federal custody immediately, and each faces a stated statutory maximum of 70 years in prison. The DOJ release and the July 2025…
Moderna (NASDAQ: MRNA) closed up about 177% on Wednesday, August 19, at $174.38, its largest one-day gain on record, after the company and Merck (NYSE: MRK) reported the first-ever positive Phase 3 result for an mRNA-based cancer vaccine . The move added roughly $44 billion in market value in a single session, taking Moderna from about $25 billion to $69 billion. By Thursday's pre-market the stock…
Scope Prime has appointed Glen Hastings to its institutional sales team in London and Freddie Price as Institutional Business Development Manager in Dubai. Both joined in July 2026, giving Rostro Group’s institutional liquidity brand additional commercial coverage in two centres that serve different parts of its client base. Hastings arrives from INFINOX Global with a career built around…
Webull reported second-quarter revenue of $198.8 million, up 51% from a year earlier and 24% from the first quarter, as customer assets and trading volumes reached records. The company's August 19 results show that trading-related revenue rose 66% to $147.7 million, making customer activity, rather than cost reductions, the main driver of the quarter. The shares closed Wednesday at $8.64 after…
CME Group is due to list E-nano equity index futures on Monday, August 24, giving retail traders its smallest contracts for the S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial Average. The launch remains subject to regulatory review, according to the CME Group announcement . This is a follow-up, not a new product scoop. FinanceFeeds covered the announcement on August 4 in CME Group…
Moderna (NASDAQ: MRNA) closed at $174.38 on 19 August 2026 , up $111.42 — a gain of 176.97% in a single session — after the company and Merck announced that their personalised mRNA cancer therapy had succeeded in a Phase 3 trial. The move added roughly $44.5 billion of market value in one day and made Moderna the S&P 500's second-best performer of 2026, trailing only Sandisk. It did not hold. As…
PropAccount.com, the white-label proprietary trading firm infrastructure provider powered by FPFX Tech, has won “Best White Label Prop Firm” and “Best Prop Trading Tech” by the FinanceFeeds Awards 2026. The awards highlight two closely connected parts of the PropAccount.com proposition. The first recognizes the white-label model that allows partners to build a fully branded prop trading business…
Circle Internet Group added roughly $1.75 billion in market capitalization during Wednesday’s trading session as investors piled into crypto-linked stocks following President Donald Trump’s White House meeting with industry executives and the heads of the Securities and Exchange Commission and Commodity Futures Trading Commission. Circle shares closed at $78.59 on August 19, up 9.56% for the…
Marvell Technology (NASDAQ: MRVL) landed a major custom AI chip deal with Alphabet's Google on Wednesday, August 19, according to reports from Reuters . The market treated the news as a problem for one company in particular: Broadcom (NASDAQ: AVGO), Google's incumbent custom-silicon partner, fell about 4.6%. Marvell rose about 9.9% on the news, while Alphabet (NASDAQ: GOOGL) itself was little…
Tether would need to restructure roughly one-quarter of its approximately $190 billion reserve portfolio for USDT to satisfy the U.S. GENIUS Act ’s reserve-asset requirements, based on the stablecoin issuer’s latest disclosed holdings and the assets permitted under the new federal framework. Tether reported approximately $187.75 billion of assets backing its tokens as of June 30, against $183.64…
What Is Kalshi Planning To Launch? Kalshi has filed with the Commodity Futures Trading Commission to offer perpetual futures tied to a major U.S. equity index and copper, extending its business beyond prediction markets as it builds a wider financial trading platform. In filings submitted Tuesday, Kalshi said it intends to list a US500 Contract tracking the MerQube US Large Cap Index, which…
Traditional DeFi lending mostly requires borrowers to deposit more collateral than they borrow. While this protects lenders, it also makes borrowing capital inefficient for institutions and businesses that may not have big amounts of crypto assets to lock up. On-chain private credit takes another approach. Instead of depending just on excess collateral, lenders can assess borrowers based on their…
Trinity Antonetty has been sentenced to time served, approximately one day in prison, after pleading guilty to using a business bank account to move fraudulently obtained cashier’s checks. U.S. District Judge Julia E. Kobick also ordered the 25-year-old Boston resident to serve two years of supervised release, spend the first 60 days in home detention and pay $56,000 in restitution, according to…
Key Facts 10 of the top 15 perpetual contracts on Binance by 24-hour volume are now TradFi perps. SANDUSDT (SanDisk) leads at roughly $6.87bn in 24-hour volume as of 19 August, 9:00am UTC. That figure is about 22% of SanDisk's 24-hour trading volume on Nasdaq. Weekly stock-linked perp volume across centralised exchanges has risen roughly 79x since the start of 2026. Binance accounted for around…
The received wisdom about Applied Materials is that its shares fell after August's earnings because the numbers disappointed. They did not. Applied reported record revenue of $9.12 billion for its fiscal third quarter ended 26 July 2026, up 25 percent year over year, with record operating income, record non-GAAP earnings per share of $3.50, and a fourth-quarter guide of $10.25 billion that was…
Broadcom did not fall 6% on 14 August because AMD took its Google business. That is the story the market settled on, and the timeline does not support it. The SemiAnalysis research note everyone cited as the cause was not reported until 17 August — three sessions after the drop — and on the day it actually landed, Broadcom closed down 0.14%. What moved AVGO on 14 August was a Bank of America…
Options Technology will add market data from all three CIX Trading venues to AtlasFeed, giving institutional clients normalized and native feeds for Canada’s newest alternative trading system before live trading begins on September 21. The integration is a market-data service rather than direct execution access. Options will take the feeds produced by CIX ASPEN, CIX ASPEN VERT and CIX MIDPOINT and…
Behavox has opened an office in Milan after reporting that its European annual recurring revenue rose 213% over the past two years, giving the London-headquartered compliance technology provider a local base for client delivery across continental Europe. The company said in its 18 August announcement that Milan could become its regional headquarters, with account management, delivery and sales…
KX has appointed former SmartStream executive James Hollands as chief revenue officer, giving him responsibility for global sales, demand generation and business development as the capital-markets technology provider begins selling a broader data, analytics and surveillance stack. The appointment announced by KX on 18 August follows its merger with OneMarketData, owner of OneTick, and the…
The loudest argument about Nebius Group is not about whether AI demand is real. Both sides agree it is. Michael Burry, who disclosed a short on NBIS on 6 August at roughly $212 and added to it on 12 August at $247, is not claiming that customers will stop buying GPU hours. He is claiming that the depreciation schedules underneath the reported profits are wrong. That distinction is the whole story,…
SpaceX's second post-IPO lock-up expires on August 20, releasing up to 319 million restricted shares for potential trading. The tranche represents roughly 7% of the stock subject to selling restrictions and arrives with SPCX trading near $140, above its $135 June IPO price. The first lock-up, which freed 911.5 million shares on August 6, passed without a sustained selloff. Whether the second…
XRP fell below $1 on August 11 and set a 2026 low of $0.9874 on August 14, its weakest level since November 2024, before testing the line again on August 16. The token sits roughly 72.5% below its July 2025 record of $3.65. What makes this breakdown different from earlier dips is the pattern behind it: XRP has poked below that line several times in August, and every recovery has printed a lower…
Klarna reports second-quarter results before the U.S. market opens Tuesday, August 18, with investors looking beyond headline revenue growth to the cost of producing it. The company has guided for revenue of $960 million to $1.00 billion, gross merchandise volume of $35.5 billion to $36.5 billion, transaction margin dollars of $375 million to $395 million and adjusted operating profit of $30…
Why Is BitMart’s Own Account Challenging Its Founder? A public dispute over BitMart’s remaining customer funds has escalated after the crypto exchange’s official Chinese-language X account demanded that founder Sheldon Xia disclose company assets and provide a repayment plan less than two weeks before trading is scheduled to end. In a Monday post, the account called on Xia to disclose BitMart’s…
Fading Fed rate-hike odds, expired Hormuz diplomacy, and joint US-Japan currency interventions have driven down the US Dollar.. Collapse in September Rate-Hike Odds Drives DXY Below 200-Day EMA Expectations for monetary tightening by the United States central bank have cooled rapidly following a sequence of softer domestic economic reports. Disappointing figures—including a monthly contraction in…
EURJPY currency pair can be expected to rise further to the next resistance level 185.30 – former support from the middle of July. EURJPY broke resistance zone Likely to rise to resistance level 185.30 EURJPY currency pair recently broke the resistance zone lying at the intersection of the resistance level 184.00 (former support which has been reversing the pair from June) and the 61.8% Fibonacci…
Ripple minted 10 million RLUSD tokens on the XRP Ledger on Aug. 17, raising the total circulating supply to approximately $1.71 billion, according to CoinGecko data . The transaction used two authorized signers and cost 0.000405 XRP, but Ripple did not name the receiving customer or disclose what the tokens would be used for. RLUSD Supply Climbs Past $1.71 Billion On-chain records from XRPScan…
Curve Finance founder Michael Egorov called Pump.fun “a casino of scams called memecoins” in an Aug. 16 post on X , targeting the Solana -based memecoin launchpad and criticizing Phantom wallet’s hardware integration. The remarks triggered a public exchange with Solana ecosystem builders and renewed debate over whether permissionless platforms bear responsibility for the tokens launched through…
Why Is World Liberty’s WorldClaw Partnership Drawing Scrutiny? World Liberty Financial, the cryptocurrency venture backed by President Donald Trump and his family, is working with WorldClaw, a Hong Kong-based artificial intelligence platform that provides access to models developed by both U.S. and Chinese technology companies. WorldClaw offers 90 AI models through its website, including 43…
Gold price sits near $4,423 an ounce on Monday, up about 1.1% on the day and pressing back toward $4,400 after a week in which soft US data trimmed the odds of a Federal Reserve rate hike. Two things are worth writing about gold right now, and neither is a price call. The first is that the central banks buying gold say they intend to keep buying. The second is that the analysts paid to forecast…
Toncoin current price sits near $1.35, still adjusting to the network's rebrand from TON to Gram, and down sharply from its 2024 all-time high of $8.29 despite deep Telegram integration. Pi coin news this week centered on a fresh SolCex listing and a 2.5-million-user ecosystem quest, genuine engagement that still has not lifted Pi meaningfully off its multi-month lows. BlockDAG just got its own…
Why Is Harmony Rolling Back Its Blockchain? Harmony plans to roll back its blockchain to a point before last week’s exploit after determining that attackers forged more than 3 trillion ONE tokens through a vulnerability that allowed previously valid transactions to be reused. The Layer 1 blockchain said validators will roll back Shard 0 and Shard 1, the two chains that make up its sharded network,…
The week of August 10–14 was relatively calm after the publication of US CPI for July. No panic or capitulation followed, as the number came in as expected or slightly cooler. Traders have observed a slow drift higher in equities. July CPI rose 0.1% month-on-month and 3.4% year-on-year, both in line with forecasts. Core CPI eased to 2.5% annually — the slowest pace since March 2021, though the…
How Did Attackers Take Control Of Vulnerable Macs? Attackers exploited a critical flaw in Apple ’s Screen Sharing feature to take control of internet-accessible Macs and install Monero mining software , according to an advisory from the Netherlands’ National Cyber Security Centre. The Dutch cybersecurity agency said it received reports involving multiple Macs that could be reached directly through…
A blockchain is often described as a distributed database, which can make the idea of a blockchain needing a database sound contradictory. If the blockchain already stores transactions and state, why add another storage layer? The distinction becomes clearer when looking at how a blockchain actually operates. The blockchain defines a shared history and the rules for reaching consensus, while…
Why Did Strategy Sell MSTR Without Buying Bitcoin? Strategy sold approximately $333.7 million of its common stock last week but made no changes to its bitcoin holdings, using the proceeds instead to fund preferred-stock obligations, repurchases and a larger cash reserve. The company sold 3,458,866 MSTR shares between Aug. 10 and Aug. 16, according to a regulatory filing. Unlike many previous…
Why Is Novig Suing Wisconsin Before The State Takes Action? Sports-focused prediction market Novig has sued Wisconsin officials before the state takes enforcement action against the platform, extending a legal strategy the company has already used in four other states this month. Ludlow Exchange LLC, the Novig subsidiary that operates its exchange, filed a 45-page complaint Friday in the U.S.…
Charles Schwab has launched CME Single Stock Futures on thinkorswim , giving eligible clients nearly 24-hour weekday exposure to the price movements of more than 50 U.S. companies. The cash-settled contracts are offered through Charles Schwab Futures & Forex and trade on CME Group. Each contract available through Schwab represents 100 shares of its underlying company, allowing traders to take…
Finding which crypto to buy now, when leading altcoins such as XRP, TRX, and DOGE are either stuck in bearish trends or simply trading flat, may mean looking toward presales. Although most presales offer little utility before the token generation event (TGE), the Moonberg crypto presale may be a good option, especially for traders who believe AI infrastructure will become a successful niche during…
Austria's Financial Market Authority (FMA) has fined Bitpanda GmbH €70,000 for breaching several requirements under the European Union's Markets in Crypto-Assets Regulation, marking Austria's first published penalty under MiCA. The regulator found that Bitpanda failed to meet rules covering the submission and publication of a crypto-asset white paper and the content of its marketing…