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IBM Joins Swift's Blockchain: 17 Banks Already Piloting It
IBM Plugged Into Swift's Banking Blockchain Here's Who's Already On It: The world's biggest bank messaging network just quietly went blockchain and IBM wants in. On September 25 - 2026, IBM connected its Digital Asset Haven platform to Swift's blockchain-based shared ledger, currently in beta. The move lets banks move tokenized deposits across Swift's network using an ISO 20022 messaging adapter meaning banks can tap blockchain rails without ripping out their existing payment systems. Swift isn't a small player here. It connects over 12,500 financial institutions across more than 200 markets, moving the equivalent of world GDP every two to three days. So when Swift adds blockchain to that stack, banks pay attention. The First Live Transaction Already Happened HSBC and Standard Chartered beat everyone to the punch, completing the first live transaction on the ledger back in August proof the system works outside the lab. Meet the 17 Founding Banks Swift's ...
Visa Is Shutting Down the Meme Coin Credit Card Loophole
Buying meme coins with a credit card came with an unexpected perk: some users could earn ordinary credit card points and cash back on their crypto purchases. Visa is now moving to close that loophole. The issue centered on how meme coin purchases were classified by payment processors . Some Crossmint-powered checkouts used merchant category code (MCC) 5815 , a category intended for digital media such as movies, music and audiobooks, rather than a crypto-specific category. That meant a meme coin purchase could look to the card network like a normal digital-media purchase. How the loophole worked Users of Robinhood Wallet and Fomo could purchase certain meme coins using credit cards through Apple Pay or Google Pay. According to The Block's testing, transactions made with Visa and Mastercard cards were classified as digital-media purchases and could earn normal card rewards, including points and cash back. The classification mattered because crypto purchases are generally t...
Crypto Funds Just Posted Their Best Week of 2026 — $3.5B in a Single Week
"Bitcoin ETFs Go 5-for-5: Crypto Funds Hit Biggest Inflow Week of the Year" Digital asset investment funds pulled in $3.5 billion last week, according to CoinShares latest Digital Asset Bi-Weekly Digest the largest single-week inflow recorded in 2026. The surge pushed total assets under management across crypto funds to $173 billion globally. Bitcoin Led the Charge US spot Bitcoin ETFs were the standout performer, hauling in $2.39 billion and staying positive on all five trading days of the week. Ethereum products weren't far behind, adding $690 million over the same stretch. Together, these flows pulled year-to-date totals back into positive territory up to $8.6 billion for 2026 so far. What Sparked the Rally? CoinShares attributes the strength to the removal of uncertainty following the Federal Reserve's recent rate decision. Once the outcome became clear, investors who had been sitting on the sidelines started deploying capital again. The US Dominated But Who Else...
Upcoming IPOs Are Back. Here’s What Investors Should Beware Of
The IPO market is getting busy again, with major private companies across AI, fintech, technology, space and consumer businesses moving closer to public markets. Names such as OpenAI, Anthropic, SpaceX, Oura and Strava have appeared in the 2026 IPO pipeline, although the status and timing of individual listings can change. Some companies have filed, while others remain confidential filers or are simply being discussed as potential candidates. That creates an opportunity for investors to gain access to companies that were previously available mainly through private markets. But an IPO can also make it easier to buy into a company before the market has fully figured out what it is worth. The IPO price is not automatically a bargain One of the biggest mistakes investors can make is assuming that getting shares at the IPO price means getting in early at a cheap valuation. The IPO price is determined through the offering process and reflects what the company and its underwriters...
Vitalik Says AI Will Make Crypto More Secure
What if the same AI that helps hackers find vulnerabilities could also make your crypto harder to steal? That is the possibility Ethereum co-founder Vitalik Buterin is pointing to. He argues that AI could make software fundamentally harder to break by making formal verification practical at a much larger scale. Formal verification uses mathematical proofs to confirm that code follows specific security rules. Instead of relying only on testing to find bugs, developers can prove that certain parts of a program behave as intended. But Buterin says there is a bigger challenge. The Hardest Part Is Defining Security According to Buterin, defining what “secure” actually means is harder than verifying the code . A security definition needs to account for more than obvious bugs. It may also need to consider compromised servers, leaked keys, network attacks, metadata and hardware vulnerabilities. If an important threat is missing from the definition, a perfect mathematical proof will no...
Yong Social Morning Brief
The Market Has a Lot to Prove This Week Global markets are starting the week cautiously, with investors facing a packed calendar that could determine the direction of stocks, bonds and crypto. 🤖 Nvidia takes center stage Nvidia reports earnings on Wednesday , giving investors their next major test of whether the AI boom is still strong enough to justify massive technology valuations. A strong outlook could reignite tech stocks. A disappointment could trigger another wave of selling. 🏦 All eyes on the Fed The Jackson Hole symposium begins Thursday, with Fed Chair Kevin Warsh scheduled to speak Friday. Investors will be looking for clues about interest rates and inflation — especially while long-term Treasury yields remain elevated. 🛢️ Oil remains a wildcard Brent crude is around $93 a barrel after slipping at the start of the week. Lower oil would ease inflation concerns, but geopolitical risks could quickly push prices higher again. ₿ Bitcoin is holding strong ...
Yong Social Morning Brief
The Global Market Warning: 5 Things Investors Need to Watch Next Week Global markets just finished a turbulent week. U.S. stocks managed to rebound on Friday, but the recovery did little to erase the week's bigger concerns. Bond yields remain elevated, oil is still creating inflation risks, gold and Bitcoin have surged, and investors are heading into a week packed with events capable of reshaping market expectations. For investors, the most important question isn't simply where markets ended this week . It's what the next week could reveal about the direction of the global economy. Here are five things to watch. 1. The bond market is still sending a warning The biggest story beneath the surface remains the global bond market. The U.S. 30-year Treasury yield reached its highest level since 2007, while the 10-year yield remained around 4.7% . Higher long-term yields mean higher borrowing costs for governments, businesses and consumers — and they can put pressure on st...
Yong Social 8 AM Finance
Oil, Bonds and the Fed: Why Global Markets Are Under Pressure This Morning Global markets are ending the week under pressure as investors contend with a difficult combination of elevated oil prices, rising government bond yields and uncertainty over the direction of interest rates . The pressure is being felt across stocks, currencies and emerging markets, while gold continues to attract investors looking for protection from market uncertainty. Bond yields are becoming the biggest concern U.S. Treasury yields have climbed sharply again after briefly falling earlier in the week. The benchmark 10-year Treasury yield was around 4.71% , while the 30-year yield reached approximately 5.25% . Higher long-term yields increase borrowing costs across the economy and can make relatively expensive growth stocks less attractive to investors. The move is particularly important because the U.S. Treasury recently announced plans to double its purchases of longer-term government debt in an attemp...
The House Market Literally Broke The Global Economy
There was a time people thought buying houses was basically free money. Banks were giving out home loans like: “YOU get a mortgage.” “YOU get a mortgage.” “EVERYBODY gets a mortgage.” 💀 Good credit? Cool. Bad credit? Eh… still fine. No stable income? We ball 😭 And for a while? It actually looked genius. House prices kept going up. People kept getting richer. Banks kept making billions. The money machine was going CRAZY. Then the whole thing exploded. So What Actually Happened? 👀 Back in the early 2000s, banks in the got way too comfortable. They started giving risky house loans to people who honestly could barely afford them. These were called: subprime mortgages But nobody cared because everybody thought: “House prices NEVER go down.” Huge mistake 💀 The Problem Started Quietly… At first, people were paying their mortgages normally. Then interest rates started rising. Suddenly monthly payments became: ABSOLUTELY DISGUSTING 😭 People started mis...
Your Retirement Money Might Be In Places You’d NEVER Expect 😭💸
Most people think pension funds are just… safe boring money sitting quietly somewhere 💀 Nah. That money moves. A LOT. And sometimes? Your future retirement cash is out there doing financial gymnastics you don’t even know about 😭 What Even Is A Pension Fund? 👀 Simple version: Workers put money aside for retirement. That giant pile of money gets managed by professionals. The goal? Grow the money over time so people can retire without eating struggle sandwiches at 75 💀 Sounds safe and calm right? Well… These Funds Invest EVERYWHERE 😳 Pension funds don’t just leave money sleeping in bank accounts. They invest it. In: stocks, real estate, companies, government bonds, infrastructure, private equity, sometimes even tech startups 👀 Meaning: your retirement money could secretly be riding the same market rollercoaster as billionaires 😭 The Numbers Are INSANE 💰 Some pension funds control HUGE amounts of money. We’re talking: billions, sometimes TRILL...
Taxpayers Really Had To Save The Banks 😭💸
Imagine ruining your own finances so badly… that the GOVERNMENT has to show up with truckloads of money to rescue you 💀 That’s basically what happened during the 2008 financial meltdown. And the wildest part? The money used to rescue giant banks came from… ordinary taxpayers 😭 Yeah. People struggling to pay rent and buy groceries were somehow helping save massive financial companies. The internet would NEVER survive this without memes today 💀 Wall Street Was Moving INSANE 😳 Before everything collapsed, banks were acting like financial superheroes. Money everywhere. Huge profits. Crazy bonuses. Luxury lifestyles. These companies were making so much money from mortgages and risky investments that people thought: “They’re too powerful to fail.” Then reality entered the chat. The Entire System Started Breaking 💥 The housing market crashed. Risky mortgage investments started exploding. Banks suddenly realized: “Wait… we might actually be cooked.” And some ...
Yong Social: What We're All About.
Founded in 2026 by Silvanus Nzubechi Sunday , Yong Social is a technology, information, and media company building digital products and media platforms that help people discover information, opportunities, and participate in the digital economy. Founder Note: This is our first official product (Yong Social Finance) independent digital media platform covering global markets, digital assets, investing, wealth creation, and the technologies shaping the future of finance. Yong Social Finance was founded with a simple but powerful mission: to make finance, cryptocurrency, and wealth building simple, honest, and actionable for everyone. Our editorial team delivers timely news, market analysis, educational content, and in-depth insights across cryptocurrency, personal finance, investing, passive income, and emerging financial trends. We are committed to making complex financial topics accessible to everyone—from beginners taking their first steps toward financial literacy to experi...