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Rich stock market valuations, investor complacency, circular financing, and the potential knock-on effects in credit markets are a clear warning in the BIS annual report

BitMEX, the troubled cryptocurrency exchange reportedly looking for a buyer, has cleared out its executive team, removing chief executive Stephan Lutz, chief financial officer Ina Steiner, and chief growth officer Raphael Polansky, CoinDesk has learned.The firm’s former global general counsel and chief operating officer, Peter Wilkinson, has taken over as CEO. The moves were highlighted in recent postings on LinkedIn.Wilkinson, Lutz, Steiner and Polansky did not immediately respond to requests for comment.Crypto exchange and derivatives trading platform BitMEX was co-founded in 2014 by Arthur Hayes, Ben Delo and Samuel Reed. In 2020, BitMEX was alleged to have failed to implement…

Find out how much you could earn by locking in a high CD rate today. A certificate of deposit (CD) allows you to lock in a competitive rate on your savings and helps your balance grow. However, rates vary widely across financial institutions, so it’s important to ensure you’re getting the best rate possible when shopping around for a CD. The following is a breakdown of CD rates today and where to find the best offers. Overview of CD rates today Historically, longer-term CDs offered higher interest rates than shorter-term CDs. Generally, this is because banks would pay better rates…

The Trump administration wants more annuities in your 401(k). Here is why it might be a mixed bag.

The ongoing artificial intelligence stock frenzy has pulled in capital from across the market, from traditional metals, considered the safest assets, to crypto, considered the riskiest.Gold dropped below $4,000 for the first time since November earlier this week, silver has lost more than half its value from its high, and bitcoin has slipped to nearly $58,000.The three selloffs are not a coincidence. For much of the past two years, they have been, to a large degree, the same trade, and now the same forces are unwinding it.That trade even has a name, the “debasement” trade. It is the bet that…

A mortgage refinance is not always a money-saving proposition. It should be. To know that a refi is a smart financial move, you’ll have to do a small but easy calculation, and consider more than just the interest rate.  Here is how to calculate your break-even point on a mortgage refinance. See today’s best refinancing rates. What is a break-even point on a mortgage refinance? The break-even point for a mortgage refinance is when the monthly savings of a lower payment equal the refinance costs. You wouldn’t normally want to move from a home before you recoup the costs of…

Bitcoin BTC$59,864.97 found some footing around $60,000 on Friday after this week’s selloff, but the biggest gains came from decentralized finance (DeFi) and the Solana ecosystem.Leading the advance was the native token of Aave AAVE$94.49, the largest DeFi lending protocol, which jumped 19% over the past 24 hours. CoinDesk reported Thursday that crypto exchange Kraken is exploring a strategic investment tied to the lending protocol, acquiring a 15% stake at a $385 million valuation.Aave founder Stani Kulechov pushed back in an X post against the suggestion that Aave assets could be sold at a steep discount. He reiterated that all…

Palo Alto, United States, June 26th, 2026, Chainwire Toss users can now contribute real-world data to train AI and get paid for it, in a first-of-its-kind model launching in Korea ahead of global expansion. Poseidon, the data infrastructure built to source and license real-world data for AI, today announced a partnership with Toss, the mobile financial platform operated by Viva Republica, to let everyday users contribute to AI training and be paid for what they provide. It is Toss’s first move into AI data, and it opens that market to its roughly 30 million users. Frontier AI has run out…

SoftBank shares slumped Friday following a report that OpenAi may delay its IPO until next year.

A close-up of an AMD office by gehapromo via Adobe Stock Advanced Micro Devices’ (AMD) recent gains have arrived on the back of AI inference-induced CPU demand. The market was already waiting for AMD stock to reach a $1 trillion valuation, but another variable has now added a new dimension to its prospects. On June 15, AMD announced the acquisition of MEXT, a memory technology company that will help AMD resolve the memory bottleneck through efficient resource utilization.  To understand what MEXT does, let’s first understand how memory is used in AI workloads. Generally, we have two types of memory:…