Author: Editor

Market Replace: OSK, REGN

Monetary platform Robinhood launched the Robinhood Chain mainnet, an Ethereum Layer 2 answer constructed on Arbitrum expertise. This Wednesday, CEO Vlad Tenev made the announcement throughout a world occasion in London, detailing that this institution-grade infrastructure will assist 24/7 buying and selling of tokenized shares and supply entry to perpetual futures in partnership with the decentralized change Lighter. Robinhood Chain mainnet is reside. An AI-native blockchain constructed to convey real-world property onchain. Study extra: https://t.co/NkVXOaADQK pic.twitter.com/lNlYlZm1mn — Robinhood Crypto (@RobinhoodCrypto) July 1, 2026 This strategic transfer seeks to merge the benefits of conventional finance with the DeFi ecosystem, permitting eligible…

Manny Rutinel, a Democratic candidate operating to symbolize Colorado’s eighth congressional district, has gained his social gathering’s major and can head to the November election after being supported by a crypto-aligned political motion committee (PAC).Early on Wednesday, Rutinel reported that Rutinel can be the Democratic nominee for Colorado’s eighth district, having gained with 61.7% of the vote towards Shannon Fowl’s 33.6%. Earlier than the first, the You Can Push Again Tremendous PAC, backed by $3.5 million from Ripple Labs co-founder Chris Larsen, reportedly spent $1 million on media to help Rutinel’s run. The Colorado Democrat has a “strongly helps crypto” ranking…

Three weeks after the most important IPO in historical past, the story traders inform about SpaceX continues to be largely about rockets and Starlink.That’s comprehensible — nevertheless it misses the place the corporate is definitely headed. Two of essentially the most consequential developments because the June 12th debut occurred nowhere close to a launchpad: the transformation of the xAI division from a money furnace into a real income engine, and the general public launch of X Cash, Elon Musk’s long-promised monetary “the whole lot app.”SpaceX inventory soared to almost over $225 per share in its first week of public buying…

Steamfitters Native 638 president Brian Hunt discusses rising frustration amongst blue-collar union members with Democratic politicians and socialist insurance policies on ‘The Backside Line.’ Months earlier than New York Metropolis accepted a historic two-year lease freeze, Google co-founder Sergey Brin quietly exited a struggling actual property fund at a steep loss. In December, Brin offered his stake again to A&E Actual Property, the fund’s supervisor, for six cents on the greenback, in line with paperwork obtained by Bloomberg.The fund holds 5,900 rent-stabilized residences, with Brin’s stake being valued at roughly $79 million, a drop within the bucket when seen subsequent…

Rongchai Wang Jul 01, 2026 19:33 Robinhood Chain, a financial-grade Ethereum Layer 2, integrates with Dune for information visualization, aiding evaluation of tokenized shares and RWAs. Robinhood Chain, the Ethereum Layer 2 blockchain developed by Robinhood Markets, is now dwell on Dune Analytics, providing information visualization and querying instruments for tokenized shares and different real-world property (RWAs). This integration goals to boost transparency for institutional contributors and builders analyzing exercise on the chain. Robinhood Chain is constructed utilizing Arbitrum expertise and focuses on the tokenization of real-world property like equities, exchange-traded merchandise (ETPs),…

Palantir CEO Alex Karp on Wednesday criticized the token mannequin utilized by U.S. synthetic intelligence labs Anthropic and OpenAI as prices skyrocket. “I am not throwing shade at them, however one thing has gone utterly flawed,” he informed CNBC’s “Squawk Field.” “The essential view amongst enterprises on this nation is I’ll chillax and waste my time with tokens.”As AI prices surge, and new fashions show pricier than earlier iterations, enterprises are shifting from a mindset of so-called tokenmaxxing in favor of a return on funding. That setup is prompting some enterprises to undertake open-weight fashions, able to performing comparable duties…

Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Advert Disclosure BNB Beacon Chain migration has moved into Section 3, bringing a self-service restoration device for customers who nonetheless maintain BEP2 and BEP8 tokens tied to the deprecated Beacon Chain. The replace is designed to assist customers manually recuperate property and transfer them towards the BSC community because the older chain is phased out. TL;DR BNB Beacon Chain migration entered Section 3 on July 1, 2026. Customers with BEP2 and BEP8 tokens can use a self-service restoration device. The method is supposed to help migration from…

Client confidence surveys monitor how Individuals really feel in regards to the financial system, and people emotions transfer markets. The Convention Board’s Client Confidence Index for June 2026 got here in at 91.2, lacking the 94.0 forecast and touchdown under ranges many analysts thought-about the ground. Days earlier, the College of Michigan’s Client Sentiment Index clocked its second-lowest studying on file at 49.5 for the month, recovering from Might’s all-time low of 44.8 however nonetheless sitting 19% under the place it stood a 12 months in the past. Right here’s how the 2 most important surveys work, why they’re main…

The Zacks Property and Casualty Insurance coverage (P&C) business is witnessing softer pricing after a number of years of enchancment. Nonetheless, it’s prone to profit from prudent underwriting, publicity development and accelerated digitalization. Trade gamers like The Hanover Insurance coverage Group THG, Essent Group ESNT, Mercury Common Company MCY, Selective Insurance coverage Group SIGI and Skyward Specialty Insurance coverage Group SKWD are poised to develop regardless of all odds. Given an energetic disaster setting, the coverage renewal price ought to speed up. The rising adoption of know-how and the emergence of insurtech assist the business gamers operate easily.The Fed has saved…