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IMF Warns of Recession Risk from Surging Oil Prices

The IMF's Kristalina Georgieva warns sustained high oil prices of $120-$130 per barrel risk tipping the global economy into a technical recession.The closure of...

Charles Schwab Opens Bitcoin, Ethereum Trading to Retail

Charles Schwab began rolling out direct Bitcoin and Ethereum trading to retail clients this week.The firm previously only offered crypto exposure via ETFs and...

Nigel Farage faces inquiry over £5M ‘gift’ from donor

Reform UK leader Nigel Farage is under investigation for receiving £5 million ($6.5 million) from crypto tycoon Christopher Harborne.Farage claims the funds were a...

Bank Lobby Targets Stablecoin Yield Rules in Senate Bill

The American Bankers Association (ABA) mobilized over 8,000 letters to Senate offices seeking tighter rules on stablecoin yields ahead of a key committee vote.Democratic...

EToro Q1 Earnings Up 37% on Commodities Trading Boom

EToro's Q1 2026 net income rose 37% to $82 million, largely fueled by a fourfold surge in commodities trading commissions.Crypto trading activity weakened significantly,...

Crypto ‘Godfather’ Shorts Bitcoin In Podcast Interview

Early Bitcoin advocate Michael Terpin, dubbed the "Godfather of Crypto," is now shorting Bitcoin. He predicts a short-term drop to between $48,000 and $57,000 by...

Trump Brings Business Chiefs to China, Urges Xi to Open Market

President Donald Trump confirmed Wednesday that NVIDIA Corporation (NASDAQ: NVDA) CEO Jensen Huang is joining him on his trip to China this week. The...

Senate Crypto Bill Faces Over 100 Amendments Before Vote

US Senate Banking Committee members have filed over 100 amendments to a crypto market structure bill ahead of a crucial Thursday markup session.Key proposed...

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US, CrowdStrike disrupt Sality botnet in $150K crypto theft

US law enforcement and international partners disrupted the Sality botnet, a Malware network active since 2003Sality operators used a...

21 Global Banks Unite to Launch Dollar Stablecoin by 2027

Twenty-one major banks, including Goldman Sachs, Bank of America, and Citi, are forming a company to issue a USD...

StreamRat Android Trojan Hits 570K Meta Users via Fake Ads

Cybersecurity firm ThreatFabric uncovered a new Android banking trojan called StreamRat, spread via fake TV-streaming ads on Meta that...

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