
Hedge Funds Slash US Tech Holdings at Fastest Pace in a Decade
Hedge funds sold IT stocks in six of the last eight weeks at the largest pace in ten years, driving tech exposure to its lowest level since February 2026.

Hedge funds sold IT stocks in six of the last eight weeks at the largest pace in ten years, driving tech exposure to its lowest level since February 2026.

Foreign private sector net purchases of US stocks hit $35.2 billion in May, the second-largest monthly inflow on record, bringing year-to-date totals to $270 billion.

A hacker manipulated the swap mechanics of a liquidity pool on the cross-chain stablecoin bridge Allbridge Core, looting $1.66 million worth of digital assets over the weekend. In a post-mortem of the incident, Allbridge notes the hacker used a flash loan and exploited the swap logic of its Solana (SOL) liquidity pools. The attacker borrowed […]

AI-related business formations have surged 45 percent since the launch of ChatGPT, with Census data projecting record overall new company creation led by professional services.

The Bitcoin treasury firm Strategy (MSTR) has now gone four consecutive weeks without buying any BTC. The company announced on Monday that it had increased its US dollar reserves by $225 million over the past week, though it refrained from buying any new Bitcoin. It’s Strategy’s second consecutive week without buying or selling any BTC after last […]

Auckland, New Zealand, 20th July 2026, Chainwire

A US bank employee has admitted to falsifying a loan application and handing $50,000 to himself. The DOJ says 38 year-old Jordan Andrew Hennessy was responsible for negotiating the counteroffer to his own loan request at First Interstate Bank in Montana. “His position allowed him to be on both sides of the transaction, negotiating with […]

A man stole a kitten from a pet store and then robbed a bank in Beltsville, Maryland, leading to his arrest.

A leading senator has pressed for more transparency on cryptocurrency profits tied to the White House as lawmakers weigh new market rules.

A major crypto exchange has introduced streamlined options contracts aimed at unlocking broader adoption in the derivatives space.

A Bitcoin address inactive since 2017 transferred its entire holdings worth about $383 million to a new wallet.

The average person in Illinois owed $54,100 in household debt in 2025, down $745 from the prior year when adjusted for inflation.

Corporate insiders have offloaded a massive volume of shares in the opening months of 2026.

California YouTube TV subscribers may receive about $92 each from a $7.5 million settlement with Google and YouTube over automatic renewal law violations.

Scammers are deploying FaceTime calls combined with fake QR codes to trick victims into revealing bank passwords and emptying accounts instantly.

A Sioux Falls, South Dakota, man is facing decades behind bars after allegedly running a crypto investment scheme that caused tens of millions of dollars in losses for investors. Benjamin Paul Wiener was charged with wire fraud, money laundering, bank fraud, and aggravated identity theft, says the U.S. Attorney’s Office for the District of South […]

US regulators have abruptly shut down a bank in Kansas in the fourth bank failure of 2026. The Federal Deposit Insurance Corporation (FDIC) says the Kansas Office of the State Bank Commissioner has closed Small Business Bank. The FDIC has been appointed as the receiver and has entered into a purchase and assumption agreement with […]

Elon Musk predicts AI will eliminate the need for human coding by generating efficient binary code directly.

Margin debt in the US stock market hit an all-time high of $1.5 trillion in June.

Newly discovered malware is secretly hijacking Android phones and stealing banking credentials by turning the device’s own developer tools against users. The Cybersecurity firm Group-IB says a dangerous new version of the RedHook malware is now infecting devices, giving hackers powerful remote control to steal sensitive data. The malware abuses Android’s Wireless Debugging feature. The […]