US stocks rise as Fed-favored PCE inflation print hits the mark

US stocks climbed at the opening bell on Friday, poised to end a wobbly week on a high note as the latest reading of the Federal Reserve’s preferred inflation gauge bolstered rate-cut... Read more »

Aptos network integrates Nillion for privacy-preserving apps

Aptos is integrating privacy platform Nillion to support privacy-preserving applications on the layer-1 blockchain network, Nillion told Cointelegraph on Aug. 29.  Aptos will be able to support applications such as confidential decentralized... Read more »

BlackRock’s Bitcoin ETF registers second-ever outflow of $13.5M

BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) has recorded its second-ever day of outflows since it launched in January. BlackRock’s ETF recorded a $13.5 million net outflow on Aug. 29, its... Read more »

Hedge funds may lose billions from Temu owner PDD’s stock crash

By Summer Zhen HONG KONG (Reuters) – Concentrated bets on popular Chinese e-commerce giant PDD Holdings may have led to losses in billions of dollars for hedge funds from a crash in... Read more »

$12.1M fraud suspect with ‘new face’ arrested, crypto scam boiler rooms busted: Asia Express

Our weekly roundup of news from Asia curates the industry’s most important developments. South Korean manhunt ends as suspect caught with brand new $15K face South Korean police have apprehended 14 individuals... Read more »
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