Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Wealthy investors who ploughed hundreds of billions of dollars into private credit are pulling back, cutting off a key source of funds that investment giants including Blackstone, Blue Owl and Ares Management have used to … Read more
The total lunar eclipse on March 3 is one of the most dramatic moments of the Pisces season. We are going to see people for who they truly are and fully comprehend some of the situations we’re currently in, as the Moon illuminates the sky. The eclipse will be eye-opening and push us to make … Read more
Qivalis, a consortium of major European banks, is in advanced talks with crypto exchanges and liquidity firms to distribute its planned euro-pegged stablecoin, Spanish business newspaper Cinco Días reported Monday. The group, including banks such as ING, UniCredit, and the recent addition of BBVA, is moving toward the launch of a stablecoin in the second … Read more
Tilly Norwood studio Xicoia has hired its “leading architect of the Tillyverse” to work on the “rapid expansion” of the AI actor. Mark Whelan joins from Amazon’s Prime Video, where he worked across brands like The Grand Tour and Clarkson’s Farm. Xicoia is describing Whelan as its first major hire. Whelan has been brought in … Read more
Mona Lisa, meet Marine Serre. As Paris fashion week gets underway, the designer beloved for her crescent moon motif and her dexterity with upcycled materials has opted out of a runway show while revealing an exciting collaboration with none other than the Louvre. From an initial conversation with the museum around a year ago, she … Read more
Aave’s “Aave Will Win” framework has passed its Temp Check vote, clearing the first formal stage of the protocol’s governance process. On Sunday, the off-chain Snapshot vote closed with 52.58% voting in favor, 42% against and 5.42% abstaining. The result advances the measure to the Aave Request for Final Comment (ARFC) stage, where terms may … Read more
Stay informed with free updates Simply sign up to the Financial services myFT Digest — delivered directly to your inbox. Barclays began blocking months ago certain transactions linked to a UK-based mortgage provider that collapsed suddenly last week amid fraud allegations, before freezing all accounts tied to the firm in early January. The bank is … Read more
SPOILER ALERT! This post contains details from the Season 4 finale of Industry. Since Kit Harington ended his run as the upstanding Jon Snow on Game of Thrones, he’s been looking for “all the kind of messed up people” to play instead. Sir Henry Muck, the wealthy aristocrat with plenty of baggage who entered HBO‘s … Read more
After teasing a magnetic, modular smartphone concept the other day, Tecno has followed that up with another two phone designs centered around color-changing finishes: one with E Ink, and the other incorporating neon. I’m the most taken with the Pova Neon, which the company says includes genuine neon lighting, not just bright colors: it uses … Read more
Deputy Prime Minister Koo Yun-cheol ordered an inter-agency review of seized crypto wallets after the National Tax Service exposed a seed phrase in a press release. South Korea’s Deputy Prime Minister and Minister of Economy and Finance, Koo Yun-cheol, has announced a cross-agency sweep of how the government and public institutions handle seized digital assets … Read more