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Finance

From prison to Davos, pardoned Binance founder CZ exposes a $33 trillion secret the global elite can’t hide anymore

Changpeng Zhao spoke at the World Economic Forum’s 2026 Annual Meeting in Davos this week, his first appearance on the official programme since Binance’s 2023 US settlement and his subsequent guilty plea, prison sentence, and presidential pardon. The listing placed him squarely in WEF’s “New Era for Finance” track, including a session titled “Where Are …

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‘This time is different’: How AI is redefining the memory market

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Mortgage Rates Increase to 6.09%, Reversing Downward Trend

What happened to mortgage rates this week The 30-year fixed mortgage rate rose 3 basis points this week to 6.09%, reversing part of the recent downward trend. Selling pressure in Treasuries, driven by renewed trade policy uncertainty, pushed long-term yields higher and helped nudge mortgage rates back up. December’s jobs report showed slower hiring but …

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Bitcoin Payments Startup ZBD Raises $40M to Build Gaming Payments Rails

Bitcoin payments startup ZBD has raised $40 million in a Series C funding round as it looks to expand blockchain-based payment infrastructure for the video game industry, Fortune reported. The New Jersey–based company, which provides payments software for game developers, was led in the round by Blockstream Capital. The crypto investment firm contributed $36 million, …

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Judicial Rackets: Judge Rakoff and the Fear of Monetary Exit

Judge Jed Rakoff’s essay “It’s a Racket!” reads less like analysis than confession. He opens with a dictionary definition of cryptocurrency and proceeds to explain why systems that operate outside government control are dangerous. This framing reveals the core assumption beneath the essay: money is legitimate only when sanctioned, supervised, and reversible at the discretion …

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Vietnam launches formal licensing for digital asset trading platforms

The SSC launched the process after the Ministry of Finance issued Decision No. 96. Banks and brokers, including SSI, VIX, and major lenders, are preparing to apply. Rules include 10 trillion dong capital, 65% institutional ownership, and a 49% foreign cap. Vietnam has formally moved closer to running a regulated crypto market after opening applications …

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