Author: Charlotte

Key Takeaways: KelpDAO breach triggered $892M outflows, pushing DeFi TVL down in April 2026. Tether USDT hit $189.78B and 59.19% share, consolidating dominance after exits. Ethena USDe fell -34.39% to $3.82B, signaling ongoing DeFi risk repricing. Stablecoin Market Holds Tight at $320.65B In the aftermath of the KelpDAO episode, total value locked (TVL) across decentralized finance ( DeFi) contracted sharply, erasing billions within a matter of days. The disruption rippled through several DeFi protocols, including Aave, where large volumes of users unwound positions, many opting for the stablecoin exit route. This behavior appears to align with the seven-day contraction of…

“In 2018 we had a ton of candidates who hadn’t run competitive races in many, many years, and so not only were you getting their campaigns up to tip top shape, but you were teaching them how to raise money in the modern era,” said Matt Gorman, a Republican strategist who was with the National Republican Congressional Committee at the time.While Republicans’ digital fundraising still doesn’t match Democrats’ operation, they have built it up substantially compared to a few cycles ago. Republicans still rely heavily on large donors, but they’ve developed a network of joint fundraising committees that enable the…

Look, the S&P 500 (^GSPC +0.80%) is great. Buying the Vanguard S&P 500 ETF and forgetting about it for 30 years is a perfectly respectable way to build wealth. Nobody’s going to judge you at the retirement party, especially if you can afford serving lobster thermidor and Wagyu beef. But “hard to beat” isn’t the same as “unbeatable.” Some Vanguard index funds tend to outperform the S&P 500 over rolling five-year periods. The market-beating margins can be substantial, whether the stock market soars or hits speed bumps. Here are three of my favorites in that elite group. The charts below highlight…

Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life.Be the first to know! Sign up for Invesco US Blog and get expert investment views as they post.Disclosure for all Invesco US articles: Before investing, carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risks, charges and expenses. The information provided is for educational purposes only and does not constitute a recommendation of the suitability of any investment strategy for a particular investor. Invesco does not provide tax advice. The tax information contained herein is general and…

Brian Armstrong, Co-Founder, Chief Executive Officer, and Chairman of the Board at Coinbase, highlights Nium’s new global stablecoin payment solution. According to Armstrong, Nium operates in more than 190 countries and now allows customers to fund payouts in USDC and settle in their local currencies with no wire delays. Armstrong has recently commented on related developments in blockchain and digital assets. He highlighted team research on quantum preparedness for blockchains and discussed plans for community collaboration. Armstrong also noted the potential for AI and crypto to drive new use cases in digital commerce. This material may contain third-party opinions, none…

Prices increased by 1.2% during the quarter.Singapore’s industrial property market continued to record firm price growth in Q1 2026, with values rising for the eighth consecutive quarter, according to CBRE.Based on the JTC All-Industrial Price Index, prices increased by 1.2% quarter-on-quarter, moderating slightly from the 1.4% growth seen in Q4 2025. CBRE notes that this marks the eighth straight quarter in which price growth has outpaced rental growth, supported by sustained investor demand for industrial assets.The consultancy highlights that domestic financing conditions remain supportive, with the 3-month SORA declining to 1.04% as of 23 April 2026, compared to 1.19% at…

An undergraduate degree from the most prestigious schools in the United States is, as evidence of educational achievement, worthless. The hardest thing anyone does on these campuses as an undergraduate is get admitted.This is now a widely recognized fact in the technology world: no sensible manager would even consider hiring candidates out of an elite American college solely because of their grades and the school’s prestige. This is not true of a degree from the top schools in China, which remain significantly meritocratic, where judging students by their grades has real value. In fact, I recently had a conversation with…

Hedge funds have made their largest exit from U.S. tech stocks in nearly a year, raising questions about NVIDIA’s market cap dominance. The Polymarket contract “Will NVIDIA be the largest company in the world by market cap on April 30?” sits at 99.8% YES. Market reaction Hedge funds are trimming tech exposure but still maintain a 20% concentration. The April 30 NVIDIA market holds steady at 99.8% YES. The June 30 market is at 92.5% YES, a 7.3-point gap that reflects lower confidence over the longer horizon. Why it matters The NVIDIA market trades at $46,745 in USDC daily volume,…

Elliptic noted that the Hong Kong Monetary Authority (HKMA) has issued its inaugural pair of stablecoin issuer licenses. The approvals, announced on April 10, 2026, came just eight months after the territory’s Stablecoins Ordinance officially launched on August 1, 2025. The two recipients—global banking leaders HSBC and Standard Chartered—secured the licenses through partnerships involving Hong Kong Telecommunications and Animoca Brands. Both now feature on the HKMA’s official Register of Licensed Stablecoin Issuers, listed as FRS02 and FRS01 respectively. The decision caps an initial review cycle that drew 36 formal applications by the September 30, 2025 deadline. With only a 5.6…

Blackstone’s private wealth segment’s performance for the first quarter – announced alongside overall group results last week – comes at a time when parts of the private market space have been roiled by redemptions in private credit funds. US-listed Blackstone, which is a major player in the private markets space and something of a bellwether for its health, said late last week that net attributable income rose to $649.7 million in the first three months of 2026, up from $614 million a year earlier. Management and advisory fees rose; total revenues rose to $3.62 billion from $3.29 billion a…