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  • 15:08
    Digital Currency Group Sues Its Subsidiary Genesis Over $1.1 Billion in Receivables
    According to a report by Jinse Finance, Digital Currency Group has filed a lawsuit against its subsidiary Genesis for $1.1 billion in accounts receivable in the aftermath of the cryptocurrency market crash. In the complaint, Digital Currency Group stated that after the collapse of the crypto hedge fund Three Arrows Capital in 2022, the group attempted to fill a potential "gap." Digital Currency Group is now requesting the court to order Genesis Global Capital to pay it more than $105 million plus interest.
  • 14:37
    META's total market capitalization surpasses $2 trillion for the first time
    According to Jinse Finance, META rose nearly 2% intraday, reaching a new all-time high. Its total market capitalization surpassed $2 trillion for the first time, making it the sixth publicly listed company in the U.S. stock market to reach a $2 trillion market cap.
  • 14:07
    US August Preliminary Five-to-Ten-Year Inflation Expectations Rise to 3.9%
    According to Jinse Finance, the preliminary estimate for the US 5- to 10-year inflation expectation in August is 3.9%, higher than the market expectation of 3.4% and the previous value of 3.4%.
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