Gold is the ******* et people buy when they have stopped believing in promises. Then most of them hand it to a bank in another country for safekeeping, which is itself a promise.
That arrangement is older than most of the world's central banks. The Bank of England has provided gold custody services to developing nations for decades, according to Reuters, and it usually works for the simple reason that ******* ody involved has any incentive to argue about it.
Custody is boring. It stays boring right up until two governments claim the same account.
Then the metal in the vault ceases to be a reserve ******* et and becomes a legal exhibit. It does not move, and it does not get sold.
It sits in a basement in London, earning nothing and settling nothing, while lawyers on two continents argue over whose signature counts on the paperwork.

#reuters

The Commodity and Futures Trading Commission on Thursday paved the way to expand prediction markets and cryptocurrency trading on certain online platforms. DraftKings led a retreat for sports betting stocks Thursday.
The CFTC's Market Participation division issued a no-action letter, saying it will not take enforcement action against providers of what the agency called "passive software."
These passive software providers include companies and developers that offer prediction market, derivatives or crypto trading services, but do not take custody of user ***** ets.
"Subject to certain specified conditions, MPD will not recommend the Commission take enforcement action against any such provider or their relevant personnel for failure to register as an introducing broker or an ***** ociated person of an introducing broker," the regulator said in its announcement. However, this only applies to the "provision and marketing of software to facilitate trading" between users and registered futures commission merchants, introducing brokers, and designated contract merchants.
The decision follows a similar no-action letter from the CFTC in March, which responded to a request from self-custody crypto wallet provider Phantom Technologies, Bloomberg reported. Phantom Technologies partnered with Kalshi to offer predictions market trading to its more than 20 million crypto wallet holders.

#action

Boston, Massachusetts-based State Street Corporation (STT) provides a range of financial products and services to institutional investors. Valued at a market cap of $50.9 billion, it offers custody, accounting, and fund administration services for traditional and alternative ****** ets, as well as multi-asset-class investments, recordkeeping, client reporting, and more.
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." STT fits squarely in that category, with a market cap above this threshold that reflects its size and influence in the ****** et management industry.
Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — 'All Intelligent People Do It My Way'
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Nvidia CEO Jensen Huang Just Dropped Huge News for This Cybersecurity Stock

#market #street

German lender Deutsche Bank (NYSE: $DB) plans to offer cryptocurrency custody to its institutional clients.
Germany's largest bank said in a news release that its digital **** et custody service is set to go live by the end of this year.
Deutsche Bank said the service will give European institutional and corporate clients regulated custody of cryptocurrencies such as Bitcoin (CRYPTO: $BTC).
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster

#bank #german #Bitcoin

EXCLUSIVE: A Haitian gang member and illegal alien who defiantly told Fox News cameras "I'm not going back to Haiti" and shouted "Biden forever" during his viral U.S. Immigration and Customs Enforcement (ICE) arrest has been deported to Haiti by the Trump administration after spending 19 months in federal custody.
Wisteguens Jean Quely Charles was deported on an ICE flight originating in Louisiana, the Department of Homeland Security (Dhs) confirmed to Fox News.
Sources told Fox News that Charles was extremely combative aboard the aircraft and made crude, profane and threatening remarks about President Donald Trump and his family during the deportation flight.
Dhs Chief Mullin Clashes With Tapper Over Haiti Deportations After Supreme Court Tps Ruling
Haitian illegal immigrant Wisteguens Jean Quely Charles is escorted by federal agents to a plane. Charles was deported by ICE.

#deported #wisteguens #illegal #told

Four men have been arrested after a vehicle crashed into a central reservation in Scunthorpe during a chase.
A spokesperson for the Metropolitan Police said it failed to stop for officers on the A18 on Sunday at 09:20 BST.
The vehicle was being chased before the crash, in which there were no reported injuries. The Met said it was carrying out "a proactive operation" in Scunthorpe, with the ***** istance of Humberside Police.
The four men – aged 37, 35, 29 and 28 – were arrested on suspicion of conspiracy to rob. They remain in police custody.
Listen to highlights from Lincolnshire on BBC Sounds, and watch the latest episode of Look North.

#scunthorpe #four #arrested #lincolnshire

Brian Hickerson, who previously dated actress Hayden Panettiere, found himself in the middle of a police response at a South Carolina bar. A night out with his brother Zach Hickerson turned chaotic, eventually putting both men in police custody and bringing Hayden's death back into the spotlight.
As reported by TMZ, the incident happened Saturday at Wild Wing Cafe in Greenville. Brian and Zach had reportedly spent several hours drinking together before the situation escalated.
Brian eventually left their table toward the back of the bar and went over to speak with other patrons. Things soon became heated. At one point, he allegedly grabbed a stool and threw it backward.
Video obtained by TMZ shows part of the confrontation. Brian appears to be lifted off the ground by someone during an argument. He was then carried outside while a bartender could be heard shouting, "Let him go!"
Police arrived after receiving a report of an "assault." Officers found Brian and Zach involved in an altercation with other people outside the bar. Brian was placed in handcuffs during the confrontation. While officers had him detained, he said, "GPD leaked it when my girlfriend died," apparently referring to Hayden.

#hickerson #eventually

HSBC Holdings plc (NYSE:HSBC) is winding down its transaction services business in Germany, with more than 300 positions at HSBC Transaction Services GmbH and HSBC Service Company Germany GmbH expected to be phased out by 2028. The division provides securities processing, administration and custody services.
HSBC said the move is part of its broader strategy to strengthen its position in businesses where it has competitive advantages and sees stronger growth opportunities. The decision follows HSBC Germany's sale of its private banking business to BNP Paribas last year, highlighting the bank's continued effort to streamline its European operations.
Northfoto/Shutterstock.com
The biggest positive for HSBC Holdings plc (NYSE:HSBC) is that the German exit could improve the bank's efficiency and profitability over time. Rather than continuing to allocate capital and employees to a transaction-services operation that HSBC apparently sees as less strategically attractive, the bank can redirect resources toward areas where it has stronger competitive advantages. This fits CEO Georges Elhedery's broader restructuring strategy of reducing complexity, cutting costs and concentrating HSBC on businesses with better growth prospects. Reuters has reported that HSBC has already been selling non-core operations as part of this transformation, while its shares have risen substantially since the restructuring began.
The timing could also be constructive. Germany's economy remains under pressure, with industrial production falling unexpectedly in July and manufacturing activity still facing significant challenges. Reducing exposure to a business tied to the German market could therefore protect HSBC Holdings plc (NYSE:HSBC) from maintaining costs in an environment where growth is relatively weak.

#german

Kodak Black is seen trying to quickly finish up a meal before being turned over to authorities in footage making the rounds on social media this week, though it's worth pointing out that the footage itself does not depict a recent incident.
Instead, the body camera footage in question, which has been widely shared in recent days, stems from May 14 of this year. Annoyingly, much of the posts zeroing in on the food-focused moment from the Pompano Beach, Florida-set video have been shared without context, which may have led some to falsely believe that the Kodak The Blessing artist had been arrested in recent days. This is not true.
Posts have also circulated positing that Kodak "made" officials wait for him to finish his meal "before they arrested him," which is also misleading.
Kodak Black had one last thing to handle before going into custody — finishing his spaghetti. 😭🍝 pic.twitter.com/wbAoIQsSNp
— NineT6ix 🦅 (Salih9t6) September 7, 2026

#kodak #black #shared

Lil Durk remains in jail despite his Friday acquittal.
On 11 September, a Los Angeles federal jury found the rapper, whose real name is Durk Banks, not guilty of orchestrating a murder-for-hire plot that resulted in the death of a man in Los Angeles four years ago.
Prosecutors have confirmed he will remain in custody until his racketeering case, tied to the 2022 shooting death of Stephon Mack, is also resolved. That second trial on racketeering murder and firearms charges is scheduled for 5 October.
Longtime nemesis and fellow rapper 6ix9ine found a way to throw shade at Durk despite Chicago rapper's win in court.
6ix9ine had planned to throw a 'Lil Durk Going Away Party' in the event of a guilty verdict, and still held a celebration of sorts.
Posting a video on Instagram of him letting off fireworks and popping champagne, he reacted to the decision while mocking Durk about his deceased brother, Dontay 'DThang' Banks, and rapper King Von, who was signed to Durk's label, Only the Family.

#found

Block, Inc. (NYSE:XYZ) is taking another step toward consolidating its digital **** et operations under a federal regulatory framework. On September 8, it filed an application with the Office of the Comptroller of the Currency (OCC) to charter Builders Bank & Trust, N.A.
If chartered, the Builders Bank & Trust could become an important part of Block's digital **** et custody infrastructure, giving the company a federally supervised framework for custody and related services involving bitcoin and stablecoins.
Builders Bank & Trust would be an uninsured national trust bank, meaning it would not accept deposits or make traditional loans. Instead, its focus would be on fiduciary and custody services, allowing Block to build specialized infrastructure for safeguarding digital **** ets.
The structure could be particularly valuable as Block, Inc. (NYSE:XYZ) seeks to expand its institutional customer base. A federally supervised custody operation could give larger financial institutions greater confidence in Block's ability to safeguard Bitcoin and other digital **** ets.
Stablecoins represent a potentially important opportunity for Block, particularly through its Cash App ecosystem. A regulated custody infrastructure could eventually support broader stablecoin-related products and payments if Block chooses to expand further in this area.

#Bitcoin

Lil Durk has been cleared of every charge in the federal murder-for-hire trial that drew packed courtrooms, celebrity spectators and crowds of supporters to downtown Los Angeles.
A federal jury found the 33-year-old Chicago rapper, whose legal name is Durk Banks, not guilty on September 11 after three days of deliberations. The case centered on an August 2022 attack targeting rapper Quando Rondo that instead killed Rondo's 24-year-old cousin, Saviay'a Robinson, according to The ******* ociated Press.
Prosecutors accused Durk of financing and directing the attack in retaliation for the 2020 killing of his close friend Dayvon "King Von" Bennett. Durk's lawyers argued that former ******* istant Kavon Grant organized the plot without the rapper's knowledge and attacked the credibility of cooperating witnesses who had reached plea agreements with the government.
Durk was not released after the verdict. He remains in federal custody because he faces a separate trial involving murder-related racketeering and firearms allegations, with jury selection currently scheduled to begin October 5.
Durk had faced five counts: conspiracy to commit stalking, stalking using a dangerous weapon, stalking resulting in death, conspiracy to use interstate commerce facilities to commit murder-for-hire resulting in death and use of interstate commerce facilities to commit murder-for-hire resulting in death.

#commit #stalking

Northern Trust Corporation (NASDAQ:NTRS) announced on September 7 that Warwickshire Pension Fund had appointed it to provide global custody, valuation reporting, capital call execution and performance measurement. The UK public pension fund has approximately £3.6 billion, or $4.8 billion, in ****** ets.
The appointment strengthens the pension-servicing franchise of Northern Trust Corporation (NASDAQ:NTRS). Contract duration and fees were not disclosed in the announcement. The investment question is whether the relationship can generate meaningful recurring revenue and support further wins.
Scale sets the hurdle. Northern Trust Corporation (NASDAQ:NTRS) reported $20.0 trillion of ****** ets under custody or administration at June 30. Warwickshire's ****** ets equal approximately 0.024% of that base. The pension ****** ets represent a servicing opportunity, with revenue depending on the services provided and contractual pricing.
Northern Trust Corporation (NASDAQ:NTRS) won responsibility for several connected functions. Combining custody, valuation reporting, and performance measurement could make the relationship more embedded in the fund's operations. Capital call execution also provides a role in supporting private-market investments.
Warwickshire is one of 18 partner funds in Border to Coast Pensions Partnership. For Northern Trust Corporation (NASDAQ:NTRS), successful delivery could provide a reference for additional pension mandates. The opportunity lies in repeating the service model across clients and expanding relationships as operational needs evolve.

#pension #assets

O.J. Simpson's ex-girlfriend Christie Prody was arrested on drug-related charges. The arrest came after authorities reportedly took Prody into custody in North Dakota. The case involves multiple drug-related allegations against Prody.
Christie Prody was arrested in North Dakota on Thursday on drug-related charges. According to TMZ, methamphetamine was allegedly involved, and authorities booked her on three different counts.
According to Cass County Jail officials, the charges include possession of a depressant, possession of methamphetamine and unlawful possession of drug paraphernalia.
The West Fargo Police Department made the arrest, but officials have not released details about what led to it. Authorities are continuing to review the circumstances surrounding the case.
Christie Prody and O.J. Simpson dated for 12 years after he was acquitted of murder charges in the 1995 criminal trial involving the deaths of Nicole Brown Simpson and Ron Goldman. Simpson was later found liable for their wrongful deaths in a civil suit.

#drug #north

Alexander Zverev is enjoying a historic 2026 season, having won his maiden Grand Slam ****** le at Roland-Garros and recently reaching the US Open semifinals. The German top seed showed no signs of fatigue as he reached all four Grand Slam semifinals in a single season for the first time in his career.
Zverev will now face Russia's Karen Khachanov, who advanced to the semifinals after Alexander Blockx retired while trailing 6-2, 7-5, 3-2. As the two will battle for a place in the final, let's take a look at their biggest support system: their family, including their kids.
Zverev has kept his personal life, especially his kids, largely private. He welcomed his daughter, Mayla, in March 2021 with his former girlfriend, Brenda Patea. Following an out-of-court settlement in 2024 that ended their highly publicized legal dispute regarding domestic abuse, the two now share joint custody and focus on co-parenting.
Despite his fame, Zverev makes a conscious effort to keep Mayla away from the public eye. "I want her to be a normal child, growing up with a normal life," Zverev said of his approach. "I try to keep her out of social media, all the Instagrammie stuff."

#slam #mayla #season #life

Mohammad Rizwan and Imam-ul-Haq may have left England, but the troubles from Pakistan's disastrous tour don't seem ready to leave them just yet.

According to Geo News, the Pakistan duo have now been summoned by the National Cyber Crime Investigation Agency (NCCIA) over information reportedly obtained from their mobile phones. And as if that wasn't enough, both players are also set to miss the opening round of the President's Trophy Grade-I after failing to undergo mandatory fitness tests.

It has been quite the homecoming.

Rizwan and Imam were among seven players sent back to Pakistan by the Pakistan Cricket Board (PCB) following the team's heavy defeat to England at Lord's. The decision came after Pakistan's struggles in the Test series, but the drama clearly didn't end when the players boarded their flights home.
According to Geo News, the NCCIA has issued notices to Rizwan and Imam as part of an investigation involving information retrieved from their mobile phones.

The PCB had reportedly taken custody of the players' phones before handing them over to the relevant authorities. Geo News reported that Rizwan and Imam were questioned by the NCCIA for around two hours, with the inquiry reportedly linked to alleged dressing-room leaks during the England series.

The exact circumstances surrounding the investigation remain unclear, and being questioned does not establish any wrongdoing by either player. But for two cricketers who probably wanted nothing more than to forget the England tour, it is certainly an unusual sequel.
As if a cybercrime investigation wasn't enough post-tour paperwork, Geo News sources have now reported that Rizwan and Imam will miss the opening round of the President's Trophy Grade-I. The reason is far less dramatic but equally awkward: mandatory fitness-test reports.

According to the report, Rizwan's SNGPL and Imam's OGDCL did not have the required fitness reports for the two players. Under PCB rules, departmental teams must conduct the fitness tests and submit the reports before players can feature in first-class cricket.

As a result, both will miss the tournament's opening round, scheduled from September 12 to 15. Imam had been named OGDCL captain, while Rizwan was appointed vice-captain of SNGPL.

#england

Gypsy Rose Blanchard and Ken Urker are facing a new wave of speculation about their relationship and the future of their daughter, Aurora. A viral Instagram post, along with several YouTube videos, alleges that the couple has separated and that Urker may be preparing to pursue full custody of their child. The post also claims that Urker is refusing to communicate with Blanchard directly as tensions escalate behind the scenes. However, neither Blanchard nor Urker has confirmed a breakup or custody dispute. The social media account that circulated the claims also acknowledged that it had not found evidence of an actual custody filing.
The rumors were shared by the Instagram account audacious.audrey06, which posted a photograph of Ken Urker and Gypsy Rose Blanchard separated by a torn-paper effect and a broken heart emoji. "RUMORS ARE SWIRLING ABOUT GYPSY ROSE & KEN URKER," the caption began.
The social media account alleged that Blanchard and Urker had ended their relationship and claimed that Urker may be preparing to seek full custody of Aurora. According to the post, Urker is also allegedly refusing to communicate with Blanchard directly and will only speak to her through a third party.
The account did not identify the source behind the allegations or provide documentation supporting the custody claim, though several YouTube videos have also been posted, claiming the same information.
Xavier Collin/Image Press Agency/MEGA

#custody #aurora #Instagram

Tyler Herro and Katya Elise Henry's custody dispute became public in September, but newly reported court records show they had stopped sharing a home long before either parent went to court.
Henry and the former couple's two children moved out of Herro's Miami residence in February 2025, according to court documents obtained by TMZ Sports. The filing says Henry and the children had lived with Herro from September 2021 through January 2025 before moving into another home a few miles away.
About 18 months later, Herro and Henry both filed petitions on Aug. 20 concerning custody, a parenting plan and financial support for their two children. Herro dismissed his case less than a week later, while Henry continued pursuing hers.
Herro and Henry were still seen arriving together at NBA Summer League in Las Vegas in July 2026, more than a year after the records indicate they had begun maintaining separate homes.
Herro and Henry both filed petitions on Aug. 20 concerning their two children, a daughter born in 2021 and a son born in 2023. According to TMZ's initial report on the filings, Herro asked the court to establish a parenting schedule and determine his child-support obligation. He also said he had already been voluntarily providing financial support.

#herro #september #according

A cryptocurrency ETF is an exchange-traded fund that gives investors exposure to cryptocurrency through a regular brokerage account with no crypto wallet, exchange, or private keys required. The most important type is the spot ETF, which holds the actual cryptocurrency (Bitcoin, Ether, etc.) in secure custody, so the fund's price tracks the real-time price of the coin. When you buy a share, you're getting direct exposure to the underlying **** et, wrapped in the familiar, regulated ETF structure. One technical note: U.S. spot crypto funds are structured as exchange-traded products — grantor trusts registered under the Securities Act of 1933 — rather than as 1940 Act ETFs, so they trade just like ETFs but do not carry all of the same investor protections.
This is a big deal because it removes the biggest barriers to crypto investing: custody risk, exchange hacks, and technical complexity. It also brings crypto into tax-advantaged accounts and lets investors hold it alongside their stocks and bonds in one place.
Spot Bitcoin ETFs launched in the U.S. in January 2024 and have become the fastest-growing ETF category ever. In 2026 they dominate the crypto ETF landscape.
IBIT (iShares Bitcoin Trust) was one of the first to market and is the runaway leader, with roughly $71 billion in **** ets — well over half of the entire spot Bitcoin ETF market. BlackRock's fund has become the default vehicle for institutional and retail Bitcoin exposure alike, prized for its deep liquidity and low cost. FBTC (Fidelity Wise Origin Bitcoin Fund) is second with about $18 billion, and GBTC (Grayscale Bitcoin Trust), the converted legacy fund, holds around $15 billion despite its higher fee. For most investors seeking Bitcoin exposure, IBIT and FBTC are the go-to, low-cost choices.
Spot Ethereum ETFs followed in July 2024 and form the second pillar of the crypto ETF world. ETHA (iShares Ethereum Trust) leads with roughly $11 billion in **** ets, followed by FETH (Fidelity Ethereum Fund) at about $2.3 billion. Ethereum offers a different investment thesis than Bitcoin as it's the backbone of decentralized applications, smart contracts, and much of the tokenization trend. This means ether ETFs give investors exposure to a distinct part of the digital-asset ecosystem.

#Bitcoin

An illegal immigrant from El Salvador was returned to his home country this week after the Department of Homeland Security took him into custody in sanctuary Fairfax County, Virginia, where he had just served an abbreviated jail sentence, and deported him.
The case is the latest in a string of controversies involving illegal immigrants plaguing the Democrat-led county adjacent to Washington, D.C., where sanctuary policies run up against the Trump administration's heavy-handed approach to removing people who do not belong in the U.S.
"This groper is gone," an ICE spokesperson told Fox News Digital.
Illegal Immigrant Israel Flores-ortiz Gets 360 Days For Groping Girls At Fairfax County Va. High School
A photo of the Fairfax High School campus in Fairfax, Va., from March 15, 2022. At right is a mugshot of Israel Flores-Ortiz, accused of groping girls at Fairfax High School, taken in March 2025.

#county #Israel #immigrant

BOSTON (AP) — The highest court in Massachusetts on Thursday issued a public reprimand against a district court judge who was accused of allowing an immigrant to escape U.S. Immigration and Customs Enforcement custody.
The case dates back to 2018 when Judge Shelley Joseph was accused of colluding with the immigrant's attorney and a court officer to allow him to escape out a back door of the courthouse after a hearing on charges that included drug possession.
The decision by the Supreme Judicial Court follows a recommendation for the reprimand by a hearing officer for the Commission on Judicial Conduct. It concluded that Joseph created the appearance of impropriety and failed to comply with the law.
"The respondent's statements during that conversation, including her proposal to detain (the immigrant) overnight in State custody, and her conduct in instructing the clerk to turn off the court room audio recording system, created an appearance of impropriety in violation of her duties," according to the Supreme Judicial Court ruling.
Joseph's attorney, Elizabeth Mulvey, argued at the commission hearing last year that the case had been distorted over time and that everyone had come to believe that her client "let an illegal immigrant out of the door" with half the public believing she should be jailed and the other half calling her a "folk hero."

#supreme #conduct #public

Eminem's ex-wife Kim Mathers is reportedly not behind bars and is now in treatment amid her legal troubles.
On Thursday, September 10, The U.S. Sun reported that Kim, 51 — who has struggled with substance abuse over the years — was released from jail in Michigan as the Macomb County Prosecutor's Office confirmed she "is no longer in custody at the Macomb County Jail."
A jail spokesperson told the outlet she was only behind bars for a few days and was most likely released because she secured a spot for treatment.
Kim appeared in court on August 13, when the judge said he was revoking her bond, as seen in a video of the hearing posted on YouTube.
Macomb County Prosecutor's Office

#county #treatment

Block has applied to the Office of the Comptroller of the Currency for a national trust bank charter, the payments company behind Square and Cash App said on Tuesday.
Builders Bank & Trust would be uninsured and non-depository, taking no deposits and making no loans. Its business would be custody of Bitcoin and other digital ***** ets, executing customer buy and sell orders on a riskless principal basis, and stablecoin settlement.
Block has run digital ***** et services for about eight years under more than 50 state money transmitter and virtual currency licenses, the application says, handling around $10.7 billion in Bitcoin transaction volume in 2025 and serving about two million monthly crypto users through Cash App by the second quarter. A federal charter, Block says, would let it support those activities "through a consistent national framework as the business scales."
Builders Bank would be headquartered in Sioux Falls, South Dakota, with no branches. All five proposed directors live elsewhere, and Block has asked the OCC to waive the rule requiring one to live within 100 miles. Lee Woolley, Block's digital ***** et strategy lead and a former Northern Trust and BNY Mellon executive, would chair it and serve as chief executive.
Dorsey himself is not among the organizers, directors or senior executives, and appears in the filing only as Block's co-founder. The business plan and capital figures went in as confidential exhibits, and the bank cannot open unless the OCC approves.

#block #digital #national

Harbor Funds, an investment management company, released its Q2 2026 investor letter for "Harbor Mid Cap Value Fund". The letter can be downloaded here. Global equities experienced a sharp rally in Q2 2026, with the S&P 500 returning 15.2%, its strongest quarter since 2020, driven by a shift from software to hardware in the Artificial Intelligence capital spending cycle. Small caps outperformed large caps, with the Russell 2000® gaining 21.5% compared to the Russell 1000's 15.1%. Growth stocks led within large caps, while Information Technology rose about 33%, contributing significantly to the S&P 500's return. The Harbor Mid Cap Value Fund returned 13.99%, outperforming its benchmark, the Russell Midcap Value Index. Strong stock selection in Consumer Discretionary, Real Estate, and Financials contributed positively, although an underweight in Information Technology negatively impacted results. Despite ongoing economic uncertainties, the investment philosophy remains committed to a disciplined value approach. Check the fund's top five holdings for its best picks in 2026.
In its second-quarter 2026 investor letter, Harbor Mid Cap Value Fund highlighted State Street Corporation (NYSE:STT) as a material contributor to performance. State Street Corporation (NYSE:STT) is leading US-based financial services company providing custody, accounting, and fund administration services. On September 04, 2026, State Street Corporation (NYSE:STT) closed at $194.26 per share. Over the past month, State Street Corporation (NYSE:STT) returned 3.61%, and its shares are up 73.23% over the past year. State Street Corporation (NYSE:STT) has a market capitalization of $53.36 billion, and its stock has traded within a 52-week range of $104.64 to $195.93.
Harbor Mid Cap Value Fund stated the following regarding State Street Corporation (NYSE:STT) in its Q2 2026 investor letter:
"The top contributors in the second quarter included three Information Technology holdings, as well as Garrett Motion in the Consumer Discretionary sector and State Street Corporation (NYSE:STT) in Financials. State Street advanced due to a strong earnings report highlighting increases in fee-based revenues, expanding ******* ets under management and ******* ets under custody/administration. The company increased its dividend and continued to buy back shares, which pleased investors. We trimmed our exposure."
State Street Corporation (NYSE:STT) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 52 hedge fund portfolios held State Street Corporation (NYSE:STT) at the end of the second quarter, the same as in the previous quarter. While we acknowledge the potential of State Street Corporation (NYSE:STT) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend,

Orionx, a crypto trading exchange backed by the stablecoin giant Tether, announced on Sep. 3 that it is shutting down after an audit discovered a gap in client ******* ets worth $7 million.
A Chilean exchange, Orionx revealed that a forensic audit confirmed a transfer of ******* ets worth more than $7 million held in custody to wallets not administered by the company.
Related: Andrew Tate sends harsh message on crypto from Miami prison
The exchange said it filed a complaint with the Public Prosecutor's Office for an investigation and filed a criminal lawsuit against co-founders Joaquín Díaz and Roberto Zibert.
Orionx said its sole priority right now is to work toward returning the largest possible amount of their ******* ets to the clients in the fastest and fairest way possible. It said it has already reported the ******* et closure and restitution plan to the authorities, with the first phase currently under implementation.

#assets #Crypto #million #filed

Bloomberg reported on August 25, 2026, that BlackRock, Inc. (NYSE:BLK) cut the minimum size for converting large Bitcoin holdings directly into shares of its iShares Bitcoin Trust ETF to $1 million in July, down from $25 million when the in-kind conversion process first became available. The fund has facilitated more than $5 billion of these conversions, up from more than $3 billion when Bloomberg first reported on the trend in October, according to Robbie Mitchnick, BlackRock's head of digital ******* ets. The process, which can take more than a week, lets holders move Bitcoin from private wallets into a regulated fund structure while retaining price exposure. Mitchnick said "kidnappings, ransom demands, and custody failures" motivate some holders to make the switch. Rival issuer Bitwise has cut its own minimum even further, from $100 million to $3 million, Bloomberg reported.
This is a fast-scaling new source of fee-generating ******* ets for BlackRock, Inc. (NYSE:BLK). The $5 billion processed through IBIT is up from $3 billion just months earlier. It shows accelerating adoption of a service that pulls previously self-custodied Bitcoin wealth directly into BlackRock's ******* et base rather than competing for ******* ets already inside the traditional financial system.
Cutting the minimum by 96% meaningfully widens who can use the service. Dropping the threshold from $25 million to $1 million brings the option within reach of family offices and wealthy individual holders, rather than limiting it to the largest Bitcoin holders. That gives BlackRock access to a substantially larger pool of potential conversions as the practice becomes more common.
IBIT's scale gives it a head start in capturing this migration. The fund already holds roughly 3.645% of Bitcoin's total supply and lists net ******* ets of $60.65 billion. It is scale advantage that likely makes it the default destination for holders deciding where to move their coins, reinforcing BlackRock's position as conversions boost industry-wide.
The process remains manual and slow despite the lower headline minimum. Bitwise chief investment officer Matt Hougan said the conversion process industry-wide is "still bespoke, from introducing a client to a market maker to working with the adviser, but it's becoming more standardized," and Mitchnick himself said conversions can take more than a week. That means BlackRock, Inc. (NYSE:BLK) has not yet turned this into a fully automated, scalable pipeline even as it markets lower minimums to a broader audience.

#blackrock #billion #minimum

CNBC reported on August 27, 2026, that BitGo Holdings, Inc. (NYSE:BTGO) will acquire the institutional trading business of NYDIG, adding derivatives, structured products, financing, and other capital markets services to its existing custody, settlement, and wallet infrastructure.
About 30 NYDIG employees and roughly 250 institutional client relationships will join BitGo, according to a person close to the matter; a regulatory filing put the deal's total consideration at about $42.5 million, mostly in BitGo stock. BitGo, which went public earlier this year and has a market value under $1 billion, is expanding its institutional capabilities. NYDIG said it will instead focus on power generation, Bitcoin mining, and high-performance computing data centers, where its development pipeline already exceeds 3 gigawatts.
Source: Unsplash
The deal moves BitGo toward a more complete, higher-margin institutional platform. CEO Mike Belshe said institutions want a partner supporting the "full lifecycle of digital ****** ets, from custody and trading to financing and settlement," and adding derivatives and structured products allows BitGo Holdings, Inc. (NYSE:BTGO) to capture more of that lifecycle from each client. This expanded service could help BitGo make more money from its current institutional clients
The timing aligns with a recent crypto market rebound rather than a speculative bet on a future recovery, while BitGo gains an immediate institutional client base. Bitcoin had recently topped $80,000 after months of weak trading volume, while roughly 250 institutional client relationships and about 30 experienced staff will transfer to BitGo. Building that scale organically could take years.

#holdings #adding

Stablecoins were supposed to route around the banking system. Instead, the companies scaling them are building deeper into it than anyone predicted.
Stripe paid $1.1 billion for Bridge, whose core product is orchestrating banks. Citi is launching crypto custody. Standard Chartered is testing stablecoin settlement in Singapore. One by one, the operators moving institutional volume keep landing on the same architecture.
An enterprise cross-border payment has three legs. The payer's money moves in local currency over local rails—a Brazilian importer paying in BRL via Pix. The payee receives local currency on their end—the supplier collecting dollars in their account.
Between them sits the middle leg: getting value across the border from one institution to the other. That leg used to run through correspondent banking, SWIFT messages hopping between intermediary banks, each holding accounts with the next, each adding a day and a fee. When both institutions accept a stablecoin, that leg settles on-chain in seconds. Banks still own the other two.
Citi to Launch Bitcoin Custody as Wall Street Pushes Deeper Into Crypto

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Pakistan's troubled England tour has taken another unexpected turn, with the Pakistan Cricket Board reportedly taking mobile phones belonging to members of the national team into its custody ahead of the third and final Test at Edgbaston.

According to Pakistani 365 News, the players' devices have been handed over to the PCB and will remain with the board until the conclusion of the final Test. The report did not reveal the identities of the players whose phones were taken, while the PCB has not publicly stated why the devices were placed in its custody.

The development has raised questions about the extent of the authorities' powers over players' personal devices, particularly regarding when phones can be seized, retained or accessed and what safeguards apply to private communications.
Mobile phones are already subject to strict restrictions in international cricket, particularly inside areas designated as restricted during matches.

Under the ICC's Player and Match Officials Area regulations, players and support staff are not permitted to possess or use mobile phones or other communication devices inside restricted areas, including dressing rooms, during an international match.

Players are expected to place their devices in secure storage before entering such areas. The primary purpose of these regulations is to protect the integrity of international matches and prevent unauthorised communication.

However, those match-day restrictions are separate from a situation in which a player's personal phone is retained for an extended period.

The ICC Anti-Corruption Code gives authorised anti-corruption officials considerably broader powers when a formal integrity investigation is underway.

Under the code, an authorised anti-corruption official can make a written demand requiring a participant to surrender a mobile device or allow investigators to copy or download information from it when there are reasonable grounds to believe the material could be relevant to an investigation.

The information potentially covered by such a request is wide-ranging. It can include telephone and internet records, text messages, WhatsApp conversations, photographs, videos, audio files and other electronically stored documents.

Participants can also be required to provide passwords or access codes needed by investigators to obtain the relevant material.

A failure to comply with a legitimate demand during an anti-corruption investigation can itself result in disciplinary action.
Despite the ICC's provisions, the reported decision by the PCB to take possession of the players' phones does not, by itself, establish that an anti-corruption investigation is taking place.

There has been no confirmation that the PCB's action in England is connected to an integrity investigation involving corruption, betting or match-fixing. No player has been publicly accused of an integrity offence either.

There is also a distinction between the ICC's jurisdic

Rumer Willis is taking emergency legal action amid her ongoing custody battle with her ex, Derek Richard Thomas.
According to court documents TMZ obtained, Willis filed an emergency request asking a judge to keep Thomas' visits with their 3-year-old daughter, Louetta, supervised. The 38-year-old actress and daughter of Bruce Willis claims her ex has continuously violated their custody agreement and made decisions that she believes put their young daughter at risk.
Back in June, Willis was awarded primary physical custody of Louetta, while she and Thomas continued to share joint legal custody. Initially, Thomas was granted supervised parenting time. This was expected to eventually transition into unsupervised overnight visits.
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However, Willis is now asking the court to put a stop to that transition.

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