Sep 05, 2024
Big Market and Crypto News: U.S. Stocks Drop, DeFi at Risk, Ripple's Stablecoin Launch and More
In this weeks top financial and crypto news, U.S. stocks plunged, with tech and semiconductor sectors leading the decline, while Bitcoin ETFs saw their largest outflows since May. Meanwhile, the FBI warns of North Korean hackers targeting Bitcoin ETFs. Uniswap Labs was fined for offering illegal crypto derivatives trading, and Ripple's CEO announced their stablecoin is close to launch.