During the recent week-long national holiday, brokers in Shanghai found themselves trapped in their offices, grappling with the aftershocks of September’s market crash. As retail investors rushed back into stocks following China’s announcement of its largest stimulus package to date, the Shanghai Stock Exchange struggled to cope, leading to an […]
In a bold move to bolster its cryptocurrency ambitions, payments processor Stripe has announced its acquisition of the stablecoin platform Bridge for a staggering $1.1 billion. The deal, first reported by TechCrunch founder Michael Arrington, marks a significant step for Stripe as it seeks to expand its services into the […]