This conversation with Yanis Varoufakis was recorded in July 2023. However, it reads like it was made for today. As inflation lingers, market volatility grows, and central banks face mounting pressure, Varoufakis’ warnings feel more urgent than ever. He argues the 2008 financial crisis never truly ended, only “morphed,” and that our current economic systems
A tectonic shift is underway in the asset-management industry, as investor disinterest in traditional mutual funds shows no signs of slowing. Instead, capital is pouring into exchange-traded funds (ETFs), favored for their flexibility, lower fees and tax advantages, forcing legacy players like Vanguard and BlackRock Inc. BLK to adapt. The $11 trillion U.S. ETF market
Bitwise CEO Hunter Horsley says 2025 marks a “watershed year” for crypto as regulatory clarity, institutional adoption and mainstream political support converge to reshape the investment landscape for digital assets. What Happened: Speaking with CNBC at the Bitcoin Conference 2025, Horsley emphasized that the most significant overhang on crypto markets, regulatory uncertainty, has flipped from
Cardano founder Charles Hoskinson said he was blindsided by former U.S. President Donald Trump‘s decision to include ADA/USD in his personal crypto holdings, calling the endorsement a “pleasant surprise” that signals Washington’s changing stance on digital assets. Speaking in an interview with CNBC, Hoskinson said, “I got home from Florida, looked at my phone, and
The EASE Protocol has launched what it claims is the first functional integration of the ISO 20022 financial messaging standard directly into blockchain smart contracts, opening new pathways for cross-chain banking automation and regulatory-compliant settlement across blockchain ecosystems. The integration, now live on the EASE testnet, allows banks to trial ISO 20022-based workflows in a
Ripple, the blockchain-based payments firm behind XRP XRP/USD, is raising fresh concerns over the UK’s sluggish approach to crypto regulation, arguing that it’s leaving British banks unwilling to engage with digital assets. What Happened: At a policy summit held in London, Cassie Craddock, Ripple’s Managing Director for the UK and Europe, said that the country’s
The Treasury Department took action against a Houthi financial network, imposing sanctions on cryptocurrency wallets used by the Iran-backed militant group to fund its war machine. What Happened: According to a Wednesday press release, the Department of the Treasury’s Office of Foreign Assets Control identified eight digital wallets used by the Yemen-based group to help procure millions worth of
Following the $1.5 billion Bybit hack—the largest crypto theft to date—the entire crypto industry was forced to take a hard look in the mirror, confronting the critical vulnerabilities it still faces. However, the incident also showed how coordinated the public and private sectors can be—more than $40 million in stolen funds were frozen, with Chainalysis