Solana's most profitable protocol Pump.fun is gunning for an even greater share of the chain's DeFi economy.
Telegram-based blockchain TON raises $400 million from prominent crypto VCs
The investors will receive “token-based investments” in lieu of equity.
Factbox-Lilly's weight-loss drug launch in India to energize rivals eyeing mega market
Here are the local and international drugmakers also eyeing the Indian market and looking to introduce rivals to Lilly's drug: NOVO NORDISK The Danish drugmaker had said it aims to launch its blockbuster weight-loss drug, Wegovy, in India by 2026. The active ingredient in Wegovy is semaglutide, which is likely to go off-patent in 2026 in India. Wegovy and Lilly's Mounjaro belong to the same class of treatments called GLP-1 agonists, which soared into popularity globally triggering a shortage of supply.
Tesla is struggling. One Wall Street analyst sees red-state EV buyers coming to the rescue.
"Tesla could actually net meaningful sales gains over time," TD Cowen analysts wrote this week. Sales could ultimately grow in markets with lower EV adoption.
Mortgage rates remain near 6.7% as Fed flags growing economic uncertainty
The average 30-year mortgage rate was 6.67% this week, according to Freddie Mac data, little changed from 6.65% a week earlier.
Economic data ‘point to headwinds ahead,’ Conference Board says
Economists at several organizations have recently warned of trade war risks and forecast slower economic growth this year.
Bitcoin DeFi Expansion Faces Fork Dilemma as Developers Explore ZK Proofs
BitcoinOS contributor and crypto OG Edan Yago describes forks on Bitcoin as like "open-heart surgery."
Trump Says Fed Should Cut Rates as Tariff Push Heats Up
(Bloomberg) -- President Donald Trump said the Federal Reserve should cut interest rates, splitting with the US central bank as officials weigh the economic cost of his tariff push. Most Read from BloombergDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoNYC Plans for Flood Protection Without Federal FundsThe Scary Thing About the Wildfire That Was Stopped“T
Bitcoin will hit $13 million in 20 years, predicts Saylor at digital asset summit
Strategy CEO Michael Saylor thinks that the price of Bitcoin will go to 13 million over 20 years.
Microchip Technology Moves to Sell Facility, Launches $1.35B Stock Offering
Struggling Microchip Technology announced it has brought in Macquarie Group to facilitate the sale of its manufacturing facility in Tempe, Ariz., and that it has launched a $1.35 billion convertible stock offering.