Applied Optoelectronics told the WSJ it objected because it was unsure how tokenization would affect its stock price, liquidity and volatility.
Business
TL;DR: Circle says it generated roughly $1.4 billion in first-half 2026 revenue while spending $819 million on distribution partners and related costs. The disclosure highlights the expense of building a widely used stablecoin payment netw…
Business
TL;DR: Binance.US is reportedly seeking up to $100 million from private investors at a proposed valuation of approximately $1 billion. The financing discussions come as the American exchange attempts to rebuild after several difficult year…
Business
Although the S&P 500 is inches away from a record high, the picture looks dramatically weaker beneath the surface.
Business
TL;DR: Reporting about a consulting arrangement involving Tether and a firm associated with former White House crypto adviser Bo Hines has raised questions about conflicts of interest. Hines’ representatives dispute wrongdoing, and the rep…