EN ▼

Economy / Finance

Zambia Resumes Vote Counting After Violence and Ballot Theft Disrupts Presidential Election

by

Vote counting in Zambia’s high-stakes presidential election has officially resumed under heightened security after a temporary nationwide suspension triggered by violent attacks on polling officials and the theft of ballot papers. The Electoral Commission of Zambia halted the tally on Friday following incidents targeting staff and resulting in stolen marked ballots in some districts of … Read more

Donald Trump Vows to Declare Strait of Hormuz U.S. Territory Amid Ongoing Iran War

by

U.S. President Donald Trump announced on Friday that he will soon declare the strategic Strait of Hormuz a territory of the United States following the ongoing military conflict with Iran, urging American citizens to accept higher fuel prices as a necessary sacrifice. Escalating Rhetoric and the Naval Blockade Speaking at a police academy rally in … Read more

UAE Blames Iran for Drone Attacks on ADNOC Oil Tankers in Strait of Hormuz

by

The United Arab Emirates has officially blamed Iran for launching drone strikes against two oil tankers operated by the state-owned ADNOC while transiting the strategic Strait of Hormuz on Thursday, August 13, labeling the incident as an act of piracy. Although the attacks caused no casualties and only minor damage, the incident has heightened tensions … Read more

JPMorgan Cuts Polymarket Banking Ties Amid Regulatory Pressures

by

JPMorgan Chase has severed its traditional banking relationship with prediction market platform Polymarket, citing mounting regulatory concerns. According to reports from the Financial Times, the banking giant notified Polymarket in October 2025 that it needed to secure a new financial institution for its core accounts. Despite this operational split, the financial titan has notably maintained … Read more

Binance Blacklists HTX and 10 Other Platforms Following EU and UK Sanctions

by

Major cryptocurrency exchange Binance has announced it will halt all transaction processing involving HTX and 10 other crypto platforms starting August 23, aligning its compliance framework with the European Union’s latest sanctions package. The sweeping restriction means any funds sent to or from these blacklisted entities after the cutoff date will face immediate compliance reviews … Read more

Anthropic Discloses Internal Model 2, Outperforming Mythos 5 Amid Rising Misalignment Risks and Massive IPO Expectations

by

In its latest August 2026 risk report, Anthropic has officially disclosed an advanced internal artificial intelligence model dubbed Model 2, which reportedly surpasses Claude Mythos 5 across multiple internal benchmarks. Despite its impressive capabilities, the company confirmed there are no current plans to release Model 2 to the general public. Concurrently, the firm adjusted its … Read more

Cipher Digital Sells Off BTC Holdings to Accelerate AI Data Center Pivot

by

In a strategic move reflecting a broader industry trend, Cipher Digital—formerly known as Cipher Mining—has sold approximately 471 BTC to fund its aggressive transition into artificial intelligence and high-performance computing (HPC) infrastructure. The significant asset liquidation leaves the company holding 646 BTC, valued at roughly $37.8 million, down steeply from 1,433 BTC at the close … Read more

Strategy Tells MSCI ‘Bitcoin Doesn’t Need You’ Amid $2.8 Billion Index Risk

by

Bitcoin heavyweight Strategy has fiercely pushed back against a new screening proposal by MSCI that threatens to remove the company from major equity indexes, potentially triggering an estimated $2.8 billion in passive selling. In a bold statement addressing the index provider, Strategy emphasized that “Bitcoin doesn’t need MSCI. Neither does Strategy,” as markets brace for … Read more

Trump Expected to Join White House Crypto and Innovation Meeting Ahead of CFTC Sessions

by

President Donald Trump is expected to participate in a high-profile White House meeting on Wednesday, convening with cryptocurrency executives, prediction market leaders, and AI innovators. Sources briefed on the planning revealed that the gathering at the Eisenhower Executive Office Building precedes the inaugural session of the Commodity Futures Trading Commission’s Innovation Advisory Committee on Thursday, … Read more

World Liberty Wins Bank Charter From Trump-Appointed Regulator for $4 Billion Stablecoin

by

President Donald Trump‘s family is poised to own a federally chartered financial institution after a federal regulator appointed by him conditionally cleared World Liberty Trust Company, the issuer of the $4 billion USD1 stablecoin. The Office of the Comptroller of the Currency (OCC) published its national trust charter decision on Friday, paving the way for … Read more