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Share link:In this post: The CrediX team deleted the platform’s X account, sparking speculation that the recent hack was a rug pull. Other DeFi protocols on Sonic were also affected, and are now scrambling to contain the damage. Some of the stolen funds are already mixed through TornadoCash, though Sonic Labs and Stability DAO are still investigating the exploit.
Share link:In this post: Gold fell to $3,463 after hitting a record $3,530 as the White House announced plans to clarify bullion tariff rules. U.S. Customs confirmed 1-kg and 100-oz gold bars from all countries face the 39% tariff. Traders warn tariffs could raise settlement costs, widen the New York–London price gap, and hurt liquidity.
Share link:In this post: Elon Musk says Tesla will prioritise inference chips for real-time AI decisions. Media report claims in-house Dojo supercomputer team has been shut down. The move comes amid restructuring, job cuts, and intensifying EV market competition
Share link:In this post: Nasdaq closed at 21,450.02, a new record, after gaining 0.98% Friday. S&P 500 rose 0.78% and Dow added 0.47%, both ending the week higher. Apple surged 13% this week after announcing a $600B U.S. investment plan.
Share link:In this post: In the first half of 2025, China nearly overtook the United States as Germany’s largest trading partner due to tariff disruptions. This shift indicates a broader trend in global trade, where China is increasingly becoming a dominant player in the European market, challenging U.S. influence. The World Trade Organization has warned that global trade will be significantly affected if rising tensions are not resolved.
BlackRock has confirmed it has “no plans at this time” to launch spot ETFs for XRP or Solana, despite Ripple’s legal victory. The decision has fueled industry debate, with some analysts calling it a prudent focus on Bitcoin and Ethereum, and others warning it could be a costly oversight.