BTC $71,506.38 -4.17%
ETH $2,016.01 -3.02%
BNB $655.70 -4.46%
XRP $1.03 -2.45%
SOL $81.44 -4.05%
TRX $0.3154 -0.63%
DOGE $0.0660 -3.76%
ADA $0.1726 -2.69%
BCH $225.53 -2.51%
LINK $10.06 -3.28%
HYPE $71.94 -1.57%
AAVE $114.09 -7.19%
SUI $0.8028 -4.09%
XLM $0.1495 -0.15%
ZEC $952.30 -4.46%
AAPL $355.07 -0.12%
AMZN $267.72 +0.62%
GOOGL $299.54 +2.07%
MSFT $523.03 +0.49%
META $625.04 -0.87%
NVDA $168.12 -3.47%
TSLA $397.99 +1.81%
SNDK $946.25 -3.70%
INTC $61.57 -1.50%
SPCX $140.36 +0.04%
MU $805.84 -0.96%
AMD $586.21 +5.97%
BTC $71,506.38 -4.17%
ETH $2,016.01 -3.02%
BNB $655.70 -4.46%
XRP $1.03 -2.45%
SOL $81.44 -4.05%
TRX $0.3154 -0.63%
DOGE $0.0660 -3.76%
ADA $0.1726 -2.69%
BCH $225.53 -2.51%
LINK $10.06 -3.28%
HYPE $71.94 -1.57%
AAVE $114.09 -7.19%
SUI $0.8028 -4.09%
XLM $0.1495 -0.15%
ZEC $952.30 -4.46%
AAPL $355.07 -0.12%
AMZN $267.72 +0.62%
GOOGL $299.54 +2.07%
MSFT $523.03 +0.49%
META $625.04 -0.87%
NVDA $168.12 -3.47%
TSLA $397.99 +1.81%
SNDK $946.25 -3.70%
INTC $61.57 -1.50%
SPCX $140.36 +0.04%
MU $805.84 -0.96%
AMD $586.21 +5.97%

conflict

All
Article
Flash

Analysis: After the midterm elections, the Federal Reserve's focus will shift to controlling inflation; if the conflict in Iran ends, there will be no need for another interest rate hike

Some observers of the Federal Reserve believe that Trump's strong opposition from voters in the midterm elections may alleviate the political pressure faced by Federal Reserve Chair Waller, allowing him to reduce political interference and focus on controlling inflation. Voters have listed the cost of living as one of their top concerns, fundamentally changing the political landscape surrounding the Federal Reserve.Since Trump's re-election in 2024, he has been exerting pressure on the Federal Reserve and its interest rate decisions, repeatedly calling for rate cuts, supporting an unprecedented criminal investigation into the renovation of the Federal Reserve's office building, and attempting to remove a sitting Federal Reserve governor. Against this backdrop, Trump chose Waller to lead the Federal Reserve in May of this year, after Waller had unusually shifted to support rate cuts. This has raised concerns among Democrats, who fear that the new chair may have agreed to adjust monetary policy according to the president's wishes.Claudia Sahm, Chief Economist at New Century Advisors, stated that in fact, if the election results prompt Trump to end the conflict with Iran and abandon further tariff increases, the Federal Reserve may not need to raise interest rates again at all.

Upbit's parent company Dunamu has undergone changes in its stock swap transaction with NAVER: it may face conflicts regarding regulatory shareholding limits

According to a report by the Korean News Agency, the stock exchange transaction between Upbit's parent company Dunamu and NAVER Pay, a subsidiary of South Korean internet giant NAVER, may have uncertainties. Data disclosed by the Legislative Investigation Office of the Korean National Assembly indicates that the related transaction may simultaneously face the minimum shareholding ratio for subsidiaries stipulated by the Fair Trade Act, as well as the maximum shareholding ratio limit for major shareholders of virtual asset exchanges.Currently, NAVER Pay does not seem to belong to a holding company, but if it becomes a holding company in the future and includes the exchange as a subsidiary, there may be a situation where two conflicting shareholding standards apply simultaneously, necessitating an adjustment of the governance structure. The Korean Fair Trade Act stipulates that a holding company's shareholding ratio in listed subsidiaries must not be less than 30%, and for non-listed subsidiaries, it must not be less than 50%; for venture capital holding companies, it is 20%. Additionally, the second phase of discussions on South Korean virtual asset legislation also involves setting a shareholding limit for major shareholders of exchanges to reduce the concentration of control and the risk of conflicts of interest among specific shareholders.

Trump's eldest son is associated with Kalshi and Polymarket, raising concerns about conflicts of interest and information advantages

According to Fortune, the Trump family is accelerating its entry into the prediction market space, with the Trump Media Technology Group developing a prediction market platform called TruthPredict, allowing users to trade prediction contracts related to significant events. The company has also launched the Truth API, providing Wall Street with quick data access to Truth Social content. Additionally, Donald Trump Jr., the eldest son of Trump, currently serves as a strategic advisor to Kalshi, and his venture capital firm 1789 Capital has invested in competitor Polymarket and joined the advisory board of Polymarket. This means the Trump family is simultaneously associated with the two major prediction market platforms, while the Trump Media Group is building its own prediction market business.Although there is currently no public evidence showing that Donald Trump Jr. or the Trump family is trading on government insider information, the potential conflicts of interest arising from the intertwining of presidential public information, market trading, and family business interests are drawing external attention. Federal agencies are still investigating whether former White House teleprompter operator Gabriel Perez used advance knowledge of Trump's speech content to trade in related markets on Kalshi. The team of Donald Trump Jr. and the Trump Media Technology Group have yet to formally respond to requests for comments regarding insider trading related to the prediction market.
app_icon
ChainCatcher Building the Web3 world with innovations.