Finance
Kirkland & Ellis set to poach top Wachtell distressed-debt lawyer
Firm offers Joshua Feltman a guaranteed pay package of $80mn over three years
By Financial Times
Uber commits $10bn to robotaxis in strategy shift
Ride-hailing app races to make up lost ground with equity investments and vehicle order commitments
By Financial Times
Fed chair nominee Kevin Warsh reveals assets worth more than $130mn
Trump’s pick to succeed Jay Powell reports $10mn in consulting fees from Stanley Druckenmiller’s family office
By Financial Times
Trump’s push to cut US rates akin to ‘banana republic’, says Yellen
Fed chair nominee Kevin Warsh will lack ‘credibility’ in arguing rates should fall, says former Treasury secretary
By Financial Times
ASML raises 2026 outlook on AI chip boom
Europe’s most valuable company says customers are accelerating expansion plans
By Financial Times
‘Bifs’ replace ‘Piigs’ as Europe’s bond market whipping boys
Britain, Italy and France have borne the brunt of a sovereign debt sell-off sparked by the Iran war
By Financial Times
The mix of chaotic politics and a resilient economy can’t last
The world’s economy has managed to withstand a great deal of chaos, but new IMF forecasts show that things could get worse
By Financial Times
Should Europe welcome Chinese investment?
Brussels wants firms opening factories in the EU to transfer knowledge and employ local staff. Will it work?
By Financial Times
US military says blockade of Iranian ports is ‘fully implemented’
Six vessels turned around when ordered to do so in the first 24 hours of the blockade, Centcom says
By Financial Times
Iran faces halt to oil production within weeks if US blockade succeeds
Tehran has a maximum of 16 days of storage before it will need to curtail its output
By Financial Times
Iran used Chinese spy satellite to target US bases
Leaked documents show IRGC secretly acquired system and used it to guide strikes during war in March
By Financial Times
Why Cantor Fitzgerald thinks Robinhood and Coinbase are the best ways to play the prediction market boom
Cantor Fitzgerald says Robinhood and Coinbase are best positioned to dominate the prediction market space by leveraging their massive retail scale and existing trading infrastructure.
By CoinDesk
Bitcoin climbs to highest level since Feb. 5 crash that sent price plunging to $60,000
Optimism over developments in the Middle East sparked a sharp decline in oil prices and rallies across risk markets.
By CoinDesk
High Roller stock more than doubles on prediction markets partnership with Crypto.com
The announcement comes as an increasing number of companies move into prediction markets, an industry that is estimated to grow to $1 trillion by 2030
By CoinDesk
Goldman Sachs files for bitcoin income ETF in crypto push
The bank is moving deeper into crypto with a bitcoin ETF that generates income by selling options on bitcoin-linked funds, following BlackRock’s push into similar yield-focused products.
By CoinDesk
Ethereum Foundation unveils $1M audit subsidy program to boost crypto security and cut costs for builders
The new initiative aims to address a persistent challenge in crypto development—the high cost of smart contract security audits.
By CoinDesk
Popular DeFi platform warns users to stay away from its site after security breach
The team that helps operate the platform, CoW Swap, said that it was working to resolve the issue for the DEX aggregator.
By CoinDesk
Rakuten to allow XRP to be used as payment method by its 44 million customers
Rakuten Pay users will also be able to spot trade XRP via the Rakuten Pay app and exchange the Japanese e-commerce giant’s points to purchase Ripple’s token
By CoinDesk
The next Fed chair has crypto exposure in his portfolio. Here are the details
Kevin Warsh's financial disclosure reveals stakes in DeFi protocols, Ethereum scaling networks, a Bitcoin Lightning startup, and prediction markets — all of which he's promised to sell.
By CoinDesk
Bitcoin's $76,000 breakout fails but a rare signal is hinting at major market bottom
Derivatives funding rates have now remained negative for 46 days, a streak last seen following the FTX crash which marked the bottom of 2022's crypto winter.
By CoinDesk
SOL, ADA, DOGE pull back, bitcoin holds above $74,000 as Asia recoups Iran war losses
China's CSI 300 joins Taiwan and Singapore in erasing war-related declines as US-Iran talk optimism keeps oil below $100; spot ETFs posted $471 million in single-day inflows last week.
By CoinDesk
Ether-bitcoin ratio bounces from 2026 lows, signaling broader crypto recovery
The ETH/BTC ratio hit its highest since January as Ethereum's network added 284,000 new users in Q1 and stablecoin supply reached a record $180 billion.
By CoinDesk
XRP climbs toward $1.38 as Japan's Rakuten integrates token for payments
Breakout backed by institutional flows and whale buying, with Japan adoption adding a fresh demand narrative.
By CoinDesk
Bitcoin developers are trying to build quantum defenses. Your coins could pay the price.
A proposal has been updated on Bitcoin's official repository, calling for freezing of quantum-vulnerable coins.
By CoinDesk
Ethereum treasury firm Bitmine reports $3.8 billion Q1 loss in latest filing
The largest corporate ether holder posted a $3.8 billion quarterly loss as its pivot from mining to ETH accumulation continues.
By CoinDesk