Kashkari: The Federal Reserve's swap line is a tool for implementing monetary policy

The US Securities and Exchange Commission has sued Meyer Global Management and its head Owen Meyer, accusing them of raising at least $18.5 million from nearly 100 investors under the guise of investing in Pre IPO shares of companies such as OpenAI and SpaceX, and misappropriating at least $1.27 million for personal consumption and investment, with some funds actually not holding related assets. (Source: Wealth)

In 2026, FOMC voting committee member and Minneapolis Fed Chairman Kashkari stated that the inflation rate is still too high, currently around 3%, and the latest data has not changed this situation; Despite the impact, the economy remains strong at present; The longer the economy remains strong, the more it questions the degree of monetary policy tightening; It is expected to raise interest rates again this year and again in 2027; I hope the Federal Reserve can take moderate action to reduce inflation.

Ripple unlocked a total of 1 billion XRPs worth approximately $1.49 billion from its escrow account Escrow through 4 transactions.

Base has launched Cobalt upgrade, and Validity Transactions and B20 token standard enhancement functions have been deployed to the mainnet. Validity Transactions provides advanced traders with the ability to control transactions.

Strategy founder Michael Saylor stated that the dividend yield of its preferred stock product Stretch (STRC) will remain at 12.00% in October 2026.