Ethereum-based cryptocurrency wallet MetaMask is expanding its fiat off-ramp services to support 10 additional blockchain networks. The move, in partnership with payments provider Transak, is aimed at simplifying the process of converting digital assets into traditional currency. MetaMask users were previously forced to swap assets into Ether (ETH) tokens before being able to convert them
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The home for sale at 377 Capron Ash Loop in Casselberry is pictured on Wednesday, Aug. 14, 2024. Stephen M. Dowell | Orlando Sentinel | Tribune News Service | Getty Images Mortgage interest rates dropped again last week, hitting the lowest level in two months, but demand for mortgages didn’t respond. Total mortgage application volume
<img src=”https://public.flourish.studio/visualisation/21815415/thumbnail” width=”100%” alt=”chart visualization” /> Midwest municipal bond volume grew in 2024, but at a rate well behind the nation’s during a record year for muni sales. Issuers in the 11-state region sold $80 billion of municipal bonds, a 14.9% increase-year-over-year, as U.S. municipal volume rose 33.1% to $512.7 billion. “[2024] was the highest
The Federal government’s long-term budget challenges could mean dramatic changes for hospitals and health systems nationwide, derailing the post-COVID credit recovery that helped turn the healthcare sector into the fastest-growing segment of the municipal market in 2024. The House Budget Committee recently began considering legislation that would reduce spending on health programs like Medicaid by
Update, Feb. 26, 3:18 pm UTC: This article has been updated with comments from Judith De Boer, attorney for Alexey Pertsev. The Ethereum Foundation (EF) donated $1.25 million to support the legal defense of Tornado Cash developer Alexey Pertsev, who is preparing to appeal his money laundering conviction in the Netherlands. “Privacy is normal, and
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain has an uncharismatic, accident-prone, over-regulating but ultimately serious prime minister. Imagine, for a moment, how much it must sting a man of the liberal left to cut foreign aid to fund a larger defence
A vehicle caught in the destruction of the Eaton Fire in Altadena, California.Bloomberg News The Pasadena Unified School District in Southern California announced plans to eliminate 151 full-time employees, including 115 teachers, as it struggles to close a budget shortfall and deal with the fallout from the Eaton Fire. The Pasadena Unified School District Board of Education
The hacker behind the $1.4 billion Bybit exploit has laundered more than $335 million in digital assets, with investigators continuing to track the movement of stolen funds. Crypto investor sentiment was hit by the largest hack in crypto history on Feb. 21, when Bybit lost over $1.4 billion in liquid-staked Ether (stETH), Mantle Staked ETH
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Activists have the wind in their sails. The number of campaigns, globally, is the highest since 2018. Little wonder. Rather than having to lay siege to boards and management, they now appear to be pushing
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP has returned to its oil and gas roots, pledging to slash spending on renewable energy as it tries to catch up with rivals, end years of lacklustre shareholder returns and fend off pressure from
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Finance ministers from many of the world’s largest economies are poised to skip G20 meetings in South Africa this week, underscoring the declining relevance of the body at a time when global co-operation is faltering.
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The US House of Representatives has passed a budget resolution that calls for trillions of dollars in tax and spending cuts, in a significant victory for President Donald Trump as he seeks to
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Show video info Donald Trump has said the US will sell “gold cards” costing $5mn each in exchange for permanent residency to attract wealthy foreigners to America. The US president made the announcement
<img src=”https://public.flourish.studio/visualisation/21816220/thumbnail” width=”100%” alt=”chart visualization” /> Muni yields fell Tuesday, underperforming a U.S. Treasury rally. Equities ended mixed. Muni yields fell three to eight basis points, while UST yields fell eight to 11 basis points. The two-year municipal to UST ratio Tuesday was at 63%, the five-year at 64%, the 10-year at 67% and the
Traders work on the New York Stock Exchange floor on Feb. 20, 2025. Spencer Platt | Getty Images An expensive stock market did not prevent traders from getting more bullish as investors increasingly bet that the bull run could keep chugging along, according to Charles Schwab’s new quarterly client survey. The bulls continue to outnumber
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Kyiv has agreed terms with Washington on a minerals deal that Ukrainian officials hope will improve relations with the Trump administration and pave the way for a long-term US security commitment. Ukrainian officials
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. How much authority should democratic governments have to “snoop” on citizens’ online data and communications? The UK government has used new legal powers to demand that Apple create a “back door” enabling law enforcement bodies
PREPA bondholders opposed to the Oversight Board’s offer say the reasons the court had given to continue the stay are no longer valid. Puerto Rico Electric Power Authority bondholders opposed to the Oversight Board’s proposed restructuring filed a motion to lift the bankruptcy’s litigation stay, which could lead to their appointing a receiver for PREPA.
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Wall Street stocks declined on Tuesday after a round of gloomy data on consumer confidence deepened investors’ concerns that Donald Trump’s tariffs will knock the world’s biggest economy. The blue-chip S&P 500 index fell 0.5
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world A top White House official has proposed expelling Canada from the Five Eyes intelligence-sharing network as Donald Trump increases pressure on the country he talks about turning into the 51st US state. Peter
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