44m ago
HashKey’s $206 million Hong Kong IPO debuts with heavy oversubscription and price swings
HashKey, described as Hong Kong’s largest cryptocurrency exchange, began trading on the HKEX main board on Wednesday after completing a $206 million IPO. The deal was sharply oversubscribed across retail and international tranches, but the first trading session saw the share price briefly rise before slipping below the IPO level. The offering, which sold 240 million shares and attracted nine cornerstone investors, is seen as part of a broader lineup of crypto firms targeting public listings in 2025.
44m ago
1h ago
College-educated workers see 15% layoff risk as U.S. jobless rate reaches 4.6%
On December 17, 2025, the article highlights a cooling white-collar labor market as the Labor Department put unemployment at 4.6% following Tuesday's report, with tech and finance shedding roles in October and November. A November New York Fed survey shows degree holders now assign a 15% layoff risk versus 11% three years ago, and only 47% expect to find new work within three months, down from 60%.
1h ago
1h ago
KuCoin secures 2026–2028 exclusive Tomorrowland payments deal after MiCA license
KuCoin announced an exclusive multiyear partnership with Tomorrowland Winter and Tomorrowland Belgium for 2026–2028, becoming the festivals' sole crypto and payments partner. The initiative follows KuCoin EU Exchange obtaining a MiCA crypto asset service provider license in Austria and will embed digital payment rails across ticketing, merchandise, and onsite purchases.
1h ago