Asset

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shares in train manufacturer Alstom lost more than a fifth on Wednesday after the French company said it was seeking…

Boyaa Interactive, a Hong Kong-based gaming company, revealed plans for a potential investment in cryptocurrencies, including Bitcoin, as this endeavor seeks to enhance the Group's asset allocation strategy.Following an earlier voluntary…

The FTX bankruptcy estate, headed by CEO John J. Ray III, has filed a lawsuit against ByBit, its investment arm Mirana, and various executives. The aim is to recover funds and digital assets that ByBit withdrew from FTX just before its…

Bitwise Asset Management, a prominent crypto index fund, has recently found itself needing to clarify that it has no ties to Bitwise Industries, a startup whose founders are now under charges by the United States Securities and…

Zentalis Pharmaceuticals (NASDAQ:ZNTL) lost ~21% to reach a new 52-week low on Tuesday after the cancer drug developer updated Phase 1 data for its lead candidate, azenosertib, leading to a downgrade from Leering Partners. With its Q3 2023…

Bitcoin is a store of value currency and inflation hedge likable to “exponential gold,” wrote Jurrien Timmer, Head of Global Macro at Fidelity, in a post to X on Wednesday. The analyst argued that both Bitcoin and gold…

The United States Commodity Futures Trading Commission (CFTC) has turned its attention to how companies handle customer assets.The recent CFTC proposal seeks to enhance the rules for futures commission merchants (FCMs) and derivative…

In a recent interview with CNBC’s Market Alert, Mohamed A. El-Erian, a highly regarded economist and part-time Chief Economic Advisor at Allianz, gave his perspective on the shifting dynamics of safe-haven assets like Bitcoin amidst global…

The Monetary Authority of Singapore (MAS) is set to push ahead with digital asset projects. MAS is working with Japan’s Financial Services Agency (FSA), the Swiss Financial Market Supervisory Authority (FINMA), and the UK Financial Conduct…

Users of the LastPass password manager application have now lost $4.4 million worth of crypto assets in a single day. This development comes a year after LastPass shared that hackers had gained access to its cloud storage keys and dual…