Litquidity Newsroom

All the defi, crypto, web3 news you need in one scroll

UPS and the Teamsters union averted a strike with a new five-year plan, the Fed is set to raise rates to a 22-year high, Warren Buffett bought the dip in energy stocks, Google and Microsoft are paying big bucks in the AI race, TikTok is launching an e-commerce business in the US, and the luxury home market is slowing.

Credit Suisse got fined $388M over Archegos collapse, MS’s Wilson turned more bullish, Twitter X is facing potential trademark issues, FDIC accused banks of manipulating deposit data, LVMH will sponsor Paris Olympic Games, and the US junk loan market hit its most downgrades since Covid.

All the defi, crypto, web3 news you need in one scroll

Labor force participation for working-age Americans hit its highest level since 2002, hedge funds are competing for battered commercial real estate, Twitter is rebranding as ‘X,’ Taylor Swift’s tour is stimulating the economy, ‘Barbenheimer’ had a blowout weekend, Alibaba is not joining Ant Group’s share buyback, and Spotify might raise its premium prices.

Keep reading to learn about how Gridline is disrupting the alternatives market.

All the defi, crypto, web3 news you need in one scroll

Blackstone hit $1T AUM, the Fed launched its instant payments system, housing’s recession may have already happened, Sergey Brin is working on AI tech at Google, Sternlicht is looking for bargains after the Fed raised rates, North Korea breached a US tech firm to steal crypto, and TSMC delayed the start of its Arizona factory.

Nadella has made $1B+ in Microsoft comp, UPS and the Teamsters union have returned to the bargaining table to avoid a strike, Nasdaq dropped its plans for a crypto custodian business in the US, Microsoft and Activision extended their window for closing their deal, and there’s no word from the US soldier who crossed the border to North Korea.

Meta released a commercial version of its open-source AI, Yellen sees disinflation pressures working their way through the labor market, Taco Bell won its ‘Taco Tuesday’ trademark dispute, Morgan Stanley’s CEO predicts the bank will eventually hit $20T in AUM, and a US soldier is being held in North Korea after crossing the border.

BlackRock added Saudi Aramco’s CEO to its board, Goldman cut its probability of a US recession, the ECB expects a July rate hike but hasn’t made a decision on September, Apollo Global wants to target the world’s top family offices, Ford is cutting its F-150 prices, FedEx has a new CFO, and Netflix is well-positioned in the Hollywood strikes.

All the defi, crypto, web3 news you need in one scroll