Restaking is growing like crazy… but it could crash and burn
Users are flocking to yield farm restaking protocols, but poor risk management and due diligence is a ticking time bomb.…
Judge axes class action claiming Iris Energy misled investors during IPO
Iris Energy went public in late 2021, raising $232 million from an IPO, but its stock price fell quickly not…
Base creator Jesse Pollak to join Coinbase exec team and lead wallet charge
Two industry observers believe Pollak’s involvement in Coinbase Wallet and Base may finally offer a solution to crypto’s long-standing UX…
Asia-Pacific markets mixed after Powell signals smaller rate cuts; China markets closed for holiday
South Korea, Hong Kong and mainland Chinese markets are closed for a public holiday Tuesday. ...
CVS is working with advisors on strategic review, sources say
CVS Health's board has engaged advisors to conduct a strategic review of its business, according to people familiar with the…
Powell indicates further, smaller rate cuts, insists the Fed is ‘not on any preset course’
The central bank chief asserted that he will seek to balance fighting inflation with supporting the labor market. ...
East and Gulf Coast ports strike, with ILA longshoremen walking off job, stranding billions in trade
ILA union longshoremen at East Coast, Gulf Coast ports walk off the job after ownership and labor failed to reach…
AI chipmaker Cerebras files for IPO to take on Nvidia
Cerebras faces competition from Nvidia, as well as cloud providers that have developed in-house chips for running artificial intelligence models.…
Judge denies request to free Hannah Gutierrez, armorer in fatal ‘Rust’ movie
The New Mexico judge reviewed Gutierrez's case after dismissing charges against actor-producer Alec Baldwin in July. Gutierrez has served nearly…