8h ago
Binance Research: 2025 saw 11% of illicit crypto seized, 55x the fiat recovery rate
Binance Research said law enforcement and private partners recovered about 11% of illicit cryptocurrency volume in 2025, which it framed as 55 times the recovery rate for traditional assets. It also highlighted enforcement efforts involving Tether, Interpol, and the T3 Financial Crime Unit, while critics argued Binance's crime statistics exclude some illicit-activity categories.
BNB
BNB-2.30%
8h ago
9h ago
Kevin Warsh takes over as Fed chair amid internal divisions on rate cuts
Kevin Warsh is set to face internal pushback at the Federal Reserve if he presses for interest-rate cuts, as inflation is accelerating and Treasury yields are rising. Recent FOMC comments have emphasized keeping the door open to possible hikes, creating a tougher backdrop for any easing push. Observers say Warsh may focus early on changing the Fed's communications to reduce perceived signals about the next policy move.
9h ago
10h ago
UBS: Global oil inventories may near record lows by end of May if Hormuz stays shut
Global oil inventories are being drawn down quickly to offset a major Middle East supply disruption, and could approach record lows by the end of May if the Strait of Hormuz remains closed. UBS estimates stockpiles fell from just over 8 billion barrels at the end of February to 7.8 billion by end of April, with a potential drop toward 7.6 billion by end of May. Analysts across firms warn that prices may need to jump to curb demand before inventories reach levels that would strain the supply system.
10h ago
10h ago
UAE: OPEC and OPEC+ exit reflects economic strategy as Brent ends at $109.26
On Saturday, the UAE said its decision to leave OPEC and OPEC+ was driven by national economic priorities rather than politics, while reiterating a commitment to market stability. The country previously said it would exit OPEC on May 1 after being a member since 1967. Oil prices rose Friday, with Brent July futures closing up more than 3% at $109.26 a barrel and WTI June futures settling up more than 4% at $105.42.
10h ago
13h ago
US Futures Slide as KOSPI Drops 6.1%, Oil Tops $108 on Hormuz Fears
On May 15, 2026, a broad risk-off move hit global markets after South Korea's KOSPI sank 6.1% and chipmakers sold off, dragging S&P 500 futures down 0.8% and Nasdaq 100 futures 1.1%. Oil rose sharply, with Brent at $108.75 and WTI at $104.42 as traders weighed potential disruption in the Strait of Hormuz. Bond yields climbed across major markets, with the US 10-year nearing 4.52% and Japan's 20-year yield reaching its highest level since 1996.
13h ago