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FTX/Alameda has unstaked over $1 billion in Solana (SOL), raising concerns about potential market impact. Despite this, SOL remains resilient, trading near $137. However, the large-scale unstaking could increase selling pressure and affect future price movements. Read the full article here

Back at home we all have a lot of work to do, but from here, Earth sure looks like a perfect world. –Jared Isaacman This past week, SpaceX successfully completed the first ever commercially operated spacewalk. The mission’s benefactor — billionaire Jared Isaacman — commanded the mission and performed the…

Stay informed with free updatesSimply sign up to the Pharmaceuticals sector myFT Digest — delivered directly to your inbox.Pfizer’s oncology chief has warned that the Biden administration’s drug price reforms could hurt the development of cancer treatments targeted at children or patients suffering from rarer forms of the disease. In…

Pope Francis: U.S. election a choice of “lesser of two evils” Pope Francis weighing in on the upcoming election, calling the choice between Donald Trump and Kamala Harris a choice of the “lesser of two evils.” How much impact will the Pope’s comments have on voters? Our panelists discuss. Read the…

Not too long ago, one of my teammates and I talked about watching Alone, a series that follows ten experienced contestants as they attempt to outlast each other in a wilderness environment, foraging, hunting, fishing, building shelters, and relying on their survival skills. Each participant has to film themselves, and…

Chinese regulators have hit PwC’s auditing unit in mainland China with a six-month business suspension and a record fine of 441 million yuan ($62 million) over the firm’s audit of troubled property developer China Evergrande Group. Delivering a strong rebuke to the Big Four firm, China’s securities regulator said Friday that its investigation found that PwC Zhong Tian…

As many of my regular readers know, I like to pick my own stocks rather than invest in broadly diversified ETFs and CEFs like the Schwab U.S. Dividend Equity ETF (SCHD) or the Cohen & Steers Quality Income Realty Fund (RQI). While funds certainly come with pros like providing instant…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Robert Holzmann, Austria’s central bank governor and a European Central Bank hawk, has said he thinks rate setters will need to lower borrowing costs again before the end of the year.Holzmann, who…

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