BlackRock, one of the world's largest asset management companies, has teamed up with the cryptocurrency exchange Coinbase. They will provide institutional investors with direct access to cryptocurrencies, which will be provided via Coinbase Prime.

The Solana ecosystem appears to be the target of the most recent hack, as thousands of users have reported that $8m+ from well-known "hot" wallets like Phantom, Slope, and TrustWallet have been stolen without their knowledge.

MicroStrategy co-founder Michael Saylor gave up his role as the CEO but stayed as the executive in the firm. He said he would focus more on Bitcoin after the company reported a loss of more than $1 billion related to the second-quarter price decline of Bitcoin.

This year, Cathie Wood sold her first ever Coinbase stocks. 1.41 million COIN shares were sold by Ark Invest in total, valued at about $75 million. Coinbase had a tough year, falling by almost 80% YTD.

Vitalik Buterin, the creator of Ethereum, has only recently expressed his opinion on Facebook's Meta plan. He stated that while he sees potential in Metaverse, he believes that large corporations such as Facebook will have very difficult time laying its groundwork. Buterin does not believe that Metaverse will emerge from Venture Capital funding.

CEO of Binance, Changpeng Zhao, has stated for CNBC's Squawk on the Street that he believes that macroeconomic factors will drive Bitcoin adoption all over the world. Zhao mentioned for instance high inflation and fears of recession as possible forces of upcoming BTC adoption.

Virgin Galactic shares plunged by more than 19% after US markets opened. This is due to a net loss of $111 million for Q2 this year, missing estimates, and a 36% decline in revenue. The big letdown was another postponement of its commercial space service from 2023's Q1 to Q2.

Clients of Pimco, a well-known asset management company, withdrew $29 billion in three months from Bond funds. Interest rate hikes all over the world hit bond markets hard, and clients pulled massive amounts of money as a result.

Amid the huge popularity increase of AMTD Digital (HKD)and growth by more than 10,000% in just weeks, HKD found its peak and is now down by almost 80% from its all-time high level. Beware of higher volatility.

BlackRock, one of the world's largest asset management companies, has teamed up with the cryptocurrency exchange Coinbase. They will provide institutional investors with direct access to cryptocurrencies, which will be provided via Coinbase Prime.

Following the widely anticipated move by the Bank of England to raise interest rates to 1.75 percent from 1.25 percent, the British pound declined against the dollar and dropped below the $1.21 mark. This drove borrowing prices to their highest level since 2009.

As per todays meeting, OPEC+ will add only 100 000 barrels a day of oil in September. This is the smallest quota ever in percentage terms. This could be a sign of lowering pressure on the price of oil.