Nomura Holdings said it will tighten risk controls at Laser Digital, its crypto unit, after losses in the business contributed to the company's 9.7% decline in fiscal third-quarter profit, Bloomberg reported. During an earnings briefing on Friday, Nomura CEO Hiroyuki Moriuchi said the company implemented stricter position management to reduce risk exposure and limit earnings fluctuations from crypto market swings. On Oct. 10, four days after bitcoin hit a record high of over $126,200, the crypto market ...

Core Insights - The article compares two ETFs, Vanguard Dividend Appreciation ETF (VIG) and ProShares - S&P 500 Dividend Aristocrats ETF (NOBL), highlighting their differing strategies in targeting reliable income through dividends [1][2]. Cost and Size Comparison - VIG has a significantly lower expense ratio of 0.05% compared to NOBL's 0.35% [3][4]. - VIG has assets under management (AUM) of $120.4 billion, while NOBL has $11.3 billion [3][4]. Performance Metrics - As of December 12, 2025, VIG's one-year return is 12.73%, outperforming NOBL's 3.05% [3]. - VIG has a max drawdown of -20.39% over five years, while NOBL's is -17.92% [5]. Portfolio Composition - VIG tracks 338 U.S. large-cap stocks with a focus on technology (28%), financial services (22%), and healthcare (15%), with major holdings including Broadcom, Microsoft, and Apple [6]. - NOBL consists of 70 stocks, with a sector allocation skewed towards industrials (23%) and consumer defensive (22%), featuring top positions like Albemarle and Expeditors International [7]. Investment Strategy - VIG emphasizes dividend growth and broad diversification, making it suitable for long-term investors focused on cost efficiency [8][11]. - NOBL aims for stability and risk control through equal weighting and sector caps, appealing to investors who prioritize consistent dividends and downside awareness [10][11].

Core Insights - The cryptocurrency market is entering a new phase where the concentration of active trading is more important than grand narratives, with 2026 being a significant test for scalability under disciplined market conditions [1][2] - The traditional cycle model of retail speculation and token issuance is becoming less reliable as institutional participation and market infrastructure play a larger role in pricing behavior and price discovery [1][2] Market Dynamics - The cryptocurrency market in 2026 is expected to be driven by core scenarios and the robustness of trading infrastructure rather than grand narratives, resembling more mature financial markets [2] - The focus on ETF assets by Wall Street institutions indicates a higher trading participation from professionals, leading to market pricing being driven by positions, risk control, and liquidity rather than retail sentiment [2] Derivatives and Market Structure - Derivatives remain a core source of trading volume in the cryptocurrency market, with price formation now dominated by positions, funding rates, and liquidity rather than solely by retail-driven momentum [3] - Following a significant deleveraging event at the end of 2025, leverage has decreased, but the perpetual futures market remains resilient, indicating a new normal of tighter margins and stronger risk controls [3] Prediction Markets - Prediction markets are evolving from experimental products to more durable financial infrastructure, with increasing nominal trading volumes and deeper liquidity [4] - The fragmentation among prediction platforms is driving demand for aggregation and higher overall efficiency, attracting more mature participants such as top asset management firms and hedge funds [4][5] Stablecoins and Real-World Applications - Stablecoins and cross-border payments are identified as a lasting pillar of growth in the cryptocurrency market, with increasing transaction volumes driven by settlement, cross-border transfers, and liquidity management [7][8] - The use of stablecoins is rapidly expanding, particularly in the U.S. market, with some analysts predicting their market size could grow to $2 trillion, highlighting their potential as a blueprint for the global payment system [8]

Core Insights - IES Holdings is a diversified engineering and construction company focusing on specialized electrical and technology solutions, with a multi-segment strategy that includes commercial, industrial, communications, infrastructure, and residential sectors [1] Financial Performance - IES Holdings reported a 17% increase in fiscal 2025 revenue, reaching $3.37 billion, with net income rising 40% year over year [5] - The company's backlog has grown to approximately $2.37 billion, indicating strong future demand, particularly from data centers and infrastructure projects [5] Stock Performance - As of Friday, IES Holdings shares were priced at $404.40, reflecting an 86% increase over the past year, significantly outperforming the S&P 500, which rose about 15% [2] - JB Capital Partners LP sold 41,004 shares of IES Holdings during the third quarter, reducing its stake to 841 shares valued at $334,424, a decrease of $12.06 million [3][4] Investor Sentiment - The decision by JB Capital Partners to trim its position in IES Holdings is viewed as a risk control measure rather than a lack of confidence, given the stock's substantial gains [6] - IES Holdings is noted for its strong margins, zero net debt, and growing exposure to high-demand end markets, suggesting a positive long-term outlook [6]

Discover MEXC’s new Transparency Center and upgraded risk control.See how we’re making crypto trading safer, fairer, and more transparent for everyone:https://t.co/zzBAbbU4cP https://t.co/NCF39JVJHv ...

Crypto lost over $2.1B to hacks in 2025.Qualify risk control is the safety net that protects user funds, stops manipulation, filters illicit capital, and keeps markets stable.Here's an explanation on how mature exchanges keep you safe: https://t.co/3DcBx964nv ...

Decentralization meets real-world risk control.Bybit’s Lazarus Security Lab found that 16 blockchains already have fund-freezing mechanisms — and 19 more could add them.The findings call for greater transparency and accountability across the blockchain ecosystem.📘 Read the full report: https://t.co/VFJgn8MpdN ...

#MEXC’s Q3 2025 Risk Control Review is in! 📚With a 36% drop in organized crime cases, $4.97M USDT in illicit funds frozen, and 48 fraud cases intercepted, MEXC continues to lead the fight against crypto-related crime. 🛡️Read the full report➡️ https://t.co/gR7f3MJeWQ ...

We're taking concrete steps to improve our risk control mechanisms, focusing on faster resolutions and clearer communication.This is a first step, and we’re committed to this journey.Cecilia Hsueh (@cecilia_hsueh):Alright, it’s time to clean this up and set things straight.We understand there have been many concerns about MEXC’s current risk control mechanism and our communication after actions were taken.We didn’t respond directly or quickly enough before.Starting now, we’re making ...

Price Depeg Resolution - Addresses the resolution of price depeg issues related to USDE, BNSOL, and WBETH [1] Risk Control - Focuses on enhancements to risk control measures [1]