π¨ Kraken is laying off 150 employees ahead of its initial public offering (IPO). The move comes as the cryptocurrency exchange prepares for a significant transition in its business operations. This decision reflects the ongoing challenges in the crypto market and the company's strategy to streamline its workforce. For more details, visit Kraken.
β οΈ Former President Donald Trump has indicated that he may not approve the sale of arms to Taiwan, according to FOX News.
π«π’π°π· South Korea faced a shortage of LNG from the Middle East in April, partially offsetting the loss with imports from the United States and Canada.
π’πΊπΈ US Energy Secretary Wright stated that the United States can easily double its natural gas exports without impacting domestic prices.
β οΈπ°π· South Korea's KOSPI index plummeted by 6% after surpassing 8,000 points for the first time.
π The State Duma's Financial Market Committee has submitted proposals to the Ministry of Finance for revising the draft law on the legalization of cryptocurrencies in Russia. Key suggestions include legalizing P2P exchanges of digital currency for cash, expanding the list of cryptocurrencies available for legal purchase, raising the monthly purchase limit for non-qualified investors to 600,000 rubles, and involving certified AML operators for anti-money laundering control.
mt Π² max
mt Π² max
πΊπΈ Anthropic has raised over $30 billion, achieving a valuation of $900 billion, according to a report by the Wall Street Journal. As AI labs continue to absorb the majority of venture capital funding, this significant investment highlights the growing importance of artificial intelligence in the tech landscape. For more details, visit WSJ. Additionally, further insights can be found at mt Π² max.
π¨ The Moscow Arbitration Court has fully satisfied the claim of the Central Bank of Russia against EUROCLEAR for 200 billion euros. However, the court's decision has yet to take effect, and the depository has the right to contest it, according to the Central Bank of Russia. The EU Council must provide its position on the case regarding the use of Russian assets by the end of May, as stated by the Central Bank. EUROCLEAR plans to appeal the Moscow Arbitration Court's decision.
π¨ Russia's Rosneft has announced its dividends for 2025, set at 2.27 RUB per share. The state approval will be on June 19, with the cut-off date on July 9.
π§οΈπ Heavy rains and unusually cold weather in Russia have resulted in the worst start to spring sowing in years, threatening a decrease in wheat harvests. As the world's largest wheat exporter, this could significantly impact global markets, according to Bloomberg. Additionally, climatologists anticipate that this year's El NiΓ±o will be the strongest since 1877, potentially raising sea surface temperatures in the eastern Pacific by at least 3 degrees, reminiscent of the conditions that led to mass famine from 1877 to 1878.
π¨πΊπΈ Kevin Warsh has been appointed as the head of the Federal Reserve System in the United States, according to the White House.
β οΈπΊπΈ The U.S. Department of Justice is investigating the valuations of the Blackrock Private Credit Fund.
π¨ Ministers believe that if Andy Burnham wins the by-election in the Makerfield constituency, Keir Starmer may consider stepping down as Prime Minister, according to The Telegraph.
πΊπΈ NVIDIA has acquired stakes in COHR and GENB in the first quarter of 2026, while doubling its position in CRWV, according to its 13F report.