Hedge funds had a strong month in October. Citadel's main fund, Wellington, saw a 1. 8% increase. This brought its yearly performance up to 6. 8%. Citadel's other funds also did well. The Tactical Trading fund gained 2. 7% in October and 13. 4% for the year so far. The Global Fixed Income fund rose by 1. 1% in October and 7. 3% for the year. Other big hedge funds li...
MEXC, a top global crypto exchange, has shared its latest security report. It covers September and October 2025. The report shows how MEXC keeps user funds safe. It also talks about how the exchange works with law enforcement to stop illegal activities. MEXC uses a strong Proof of Reserves system. This means user assets are fully backed. Users can check this data on...
BitMart, a major player in the cryptocurrency world, just got a big boost. Their CEO, Nathan Chow, has been invited to join the Forbes Business Council. This isn't just any club; it's a group of top business leaders who share ideas and set trends. Chow's invitation shows how far BitMart has come and how much they're doing to make digital money accessible to everyone....
Hamster Kombat, a play-to-earn (PTE) game, has taken the world by storm, with over 300 million users since its launch in March 2024. But in Iran, where the local currency has lost value, the game's appeal is even stronger. A recent study looked at why so many Iranians are playing Hamster Kombat and what risks come with it. The study focused on 529 Iranian players, m...
FPT, a big tech company, is teaming up with two major banks in Taiwan to bring their services into the digital age. This isn't just about making things look pretty; it's about making banking safer, smoother, and more efficient for everyone involved. First up, FPT is working with OBank to revamp their online and mobile banking platforms. They're using some pretty coo...
Ever wondered who's really calling the shots in spreading national pride online? A deep dive into Chinese social media shows that fans, not celebrities, are the real trendsetters. Over 8 million posts and comments were scanned using smart tech to sort out the chatter. The surprising find? Fans have more sway over stars than the other way around. It turns out, fans a...
China is facing a big problem. It's not just about getting richer. It's about getting older. This mix is causing a lot of worry. Soon, there will be a huge transfer of wealth from one generation to the next. But it won't be like the fancy dramas we see on TV. In China, many families are not super rich. They have some money, but not billions. So, when parents pass th...
Senators Ron Wyden and Elizabeth Warren are asking tough questions about Frank Bisignano's time as Fiserv's CEO. They want to know if he played a part in the company's recent struggles and if he was honest with investors about Fiserv's financial outlook. Fiserv's stock took a big hit last week. This happened after the company admitted that its financial predictions ...
Trump Media and Technology Group, the company behind Truth Social, has been making some bold moves in the crypto and AI worlds. They've got a lot of money in the bank, over $3 billion, and they're not afraid to spend it. Their CEO, Devin Nunes, says they're building something strong and independent, not relying on big tech. They've teamed up with Crypto. com to use ...
The GENIUS Act is now law, and it’s shaking up the world of stablecoins. This new rule means stablecoins will face stricter regulations, and the battle over how these rules are applied is just getting started. The act sets the stage for a two-year fight over how $250 billion in stablecoins will be handled. The main question is whether these digital coins will be con...