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US Treasury yields surge after weak 10-year auction stokes investor caution
US Treasury yields surge after weak 10-year auction stokes investor caution

Share link:In this post: Treasury yields rose to 4.24% after weak demand at the latest 10-year note auction. The auction showed a 1.1 basis point tail, the biggest since last year, signaling low investor interest. Rate cut bets increased after weak jobs data and comments from Minneapolis Fed President Neel Kashkari.

Cryptopolitan·2025/08/07 05:45
Ripple CTO sets record straight on Caitlin Long’s ‘XRP ICO’ claim
Ripple CTO sets record straight on Caitlin Long’s ‘XRP ICO’ claim

Share link:In this post: Ripple CTO David Schwartz responded to claims by Custodia CEO Caitlin Long, saying Ripple never held an ICO. XRPL validator @Vet_X0 backed Schwartz, explaining XRP’s initial supply had no value and was placed in a genesis account. Vet refuted centralization allegations and confirmed Ripple’s RLUSD stablecoin runs on Ethereum and the XRP Ledger.

Cryptopolitan·2025/08/07 05:45
Flash
07:24
Infographic: The 30 Most Profitable Companies in the World
Glonghui, July 6 — Based on the Forbes Global 2000 ranking and the latest fiscal year performance of each company, the chart below lists the 30 most profitable companies in the world. Among the top ten, six are from the technology industry. Alphabet, Google's parent company, leads by a significant margin with an annual net profit of approximately $160 billion; following closely are Microsoft ($125 billion), Apple ($123 billion), and Nvidia ($120 billion). After the technology sector, the financial industry has the highest number of highly profitable companies, with Berkshire Hathaway ($72 billion) and JPMorgan ($59 billion) taking the lead.
07:24
Farmhouse increases its holdings by 1 BTC, bringing its total holdings to 9.209 BTC.
According to Odaily, Bitcoin Treasuries.NET posted on X that the listed company Farmhouse FMHS has increased its holdings by 1 BTC and now holds a total of 9.209 BTC.
07:24
AI supercycle drives explosive performance, Samsung chip division employees receive 100% performance bonus
Golden Ten Data reported on July 6 that Samsung Electronics announced on Monday that employees in its semiconductor business will receive a performance bonus of up to 100% of their base salary in the first half of this year. This generous bonus level is the same as in the second half of last year and will be distributed on Wednesday. The bonus distribution comes as the semiconductor industry is entering an unprecedented AI super cycle, with high-bandwidth memory (HBM) shipments continuing to rise. Analysts estimate that in just the first half of this year, Samsung's memory chip division achieved an operating profit of about 140 trillion won (approximately $91 billion USD). The full-year operating profit may approach 350 trillion won. Samsung is scheduled to announce its second-quarter earnings guidance on Tuesday.
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