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Visa Stablecoin Settlement Hits $20 Billion Run Rate, Up…

Visa’s stablecoin settlement volume has crossed a $20 billion annualized run rate, up more than 15 times from a year earlier, a jump that shows stablecoin-linked cards are becoming a real part of how money moves through the network. Visa shared the figure in a report published September 8, alongside two other numbers that point

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Business

Securitize and Socios Plan Tokenized Sports-Team Equity

Securitize and Socios.com have agreed to develop regulated tokenized equity offerings representing minority interests in professional sports teams. The announcement describes a framework for future offerings, not a completed issuance: no team, valuation, token price, launch date or investor terms have been disclosed. The proposed products would use the Socios Equity Token name and remain

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Business

August Jobs Report: Payrolls Tripled the Forecast,…

The August jobs report released today by the Bureau of Labor Statistics showed the US economy adding jobs at its fastest pace in five months, a result that reversed the July report almost point for point. Nonfarm payrolls rose by 162,000, roughly triple the 56,000 economists had forecast, while the unemployment rate held steady at

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Business

Tech Layoffs in 2026: The Company-by-Company Tally, and…

The 2026 technology (tech) layoff wave has produced a run of large, alarming headline figures: Intel is down 39,700, Amazon’s ~30,000 corporate cuts, Oracle’s ~21,000, Verizon’s 16,600, and Meta’s 8,000, and the natural instinct is to stack them into one grand total. That total would be both enormous and misleading, because the numbers count different

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Business

CFTC Fines Swaps Trader $90,000 and Drops Both Manipulation…

A federal court has entered a consent order against John Patrick Gorman III, requiring the swaps trader to pay $90,000 for false or misleading statements made during a Commodity Futures Trading Commission investigation. The order resolves a case filed in February 2021. Gorman is permanently enjoined from violating the Commodity Exchange Act provision governing false

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Bitcoin (BTC) at $77,000: What a September Rate Hike Would…

Bitcoin (BTC) is trading around $77,000, and the question hanging over it has shifted in the space of two weeks. The market has moved a September Federal Reserve rate hike from a tail risk to the base case, and two research desks have publicly placed this cycle’s low in the months just ahead. For anyone

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Business

MAS Raises Fintech Support to S$220 Million but Leaves…

The Monetary Authority of Singapore has committed S$220 million to FSTI 4.0, the next three-year version of its Financial Sector Technology and Innovation scheme. The money will support six tracks spanning technology projects, AI adoption, infrastructure, international centres, industry awards and internships. The headline is a programme envelope, not a direct payment to Singapore’s more

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Business

Polymarket Intel Chief Says Firm Is Ready for Midterms:…

Polymarket has already built the surveillance machinery it needs to police dirty trading before Americans vote in the midterms, the prediction market operator’s newly hired intelligence chief told Reuters, casting the election season as the sternest test yet of the industry’s guardrails. Shana Bautista, a former Coinbase analyst and FBI investigator who joined the company

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Business

Salesforce (CRM) Jumps 23% on Claudeforce: What Anthropic…

Claudeforce is not an AI feature bolted onto a CRM. That framing, which most of the coverage reached for in the first 24 hours, gets the direction of travel exactly backwards. The larger half of what Salesforce and Anthropic announced on 26 August 2026 moves Salesforce into Claude as a plugin, not Claude into Salesforce,

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Business

Rocket Lab (RKLB) Shed Nearly $10 Billion in Seven Sessions…

Rocket Lab (NASDAQ: RKLB) fell for seven straight trading days into August 27, a 19.4% slide that erased roughly $10 billion of market value and cut its valuation to about $40 billion. What makes the move stand out is what the rest of the market did over the same stretch: almost nothing. The S&P 500

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