Alibaba and miHoYo Refuse to Cash Out on MiniMax’s AI Boom.
Alibaba and miHoYo have pledged not to sell any of their shares in Chinese AI startup MiniMax ahead of its first major share unlock scheduled for July 9. This commitment…
Coca-Cola Heads to Appeals Court This Week to Challenge a $20 Billion IRS Tax Dispute.
Coca-Cola is set to appear before the 11th U.S. Circuit Court of Appeals in Miami this week in a long-running and high-stakes tax battle with the Internal Revenue Service. The…
What Are AI Agents in Crypto? Agentic Payments and x402 Explained
AI agents in crypto are autonomous software systems powered by artificial intelligence that can independently perform complex tasks, make decisions, and execute transactions without constant human input. These agents go…
Chinese Supercomputer Surpasses US Record to Become the World’s Fastest Computer.
China has reclaimed the title of the world’s fastest supercomputer with its new LineShine system at the National Supercomputing Center in Shenzhen. According to the latest TOP500 ranking released at…
BlackRock Says Bitcoin Belongs in Portfolios, But Only at 1% to 2%.
BlackRock, the world’s largest asset manager, has publicly reaffirmed that Bitcoin has a place in diversified investment portfolios, recommending a modest allocation of 1% to 2% for institutional and retail…
Senate Democrats Target Trump’s World Liberty Over $500M UAE Deal.
Senate Democrats have intensified scrutiny on President Trump’s family-linked cryptocurrency project, World Liberty Financial, following reports of a substantial $500 million investment from a UAE royal-backed entity. Lawmakers, including prominent…
SpaceX IPO Buyers Up 23%, Peak Buyers Down 25% – El-Erian.
Mohamed El-Erian highlighted the extreme volatility following SpaceX’s record-breaking IPO. Investors who secured shares at the IPO price of $135 are currently up approximately 23%, while those who bought at…
South Korea Crypto Remittances Jump 380% in Three Years, Surpassing Banks.
South Korea has witnessed explosive growth in cryptocurrency remittances, which surged 380% over the past three years and have now overtaken traditional bank transfers in volume for certain cross-border payments.…
US Senate Advances Bill Blocking Fed CBDC Plans Until 2030.
The US Senate has advanced a major housing bill that includes a significant provision blocking the Federal Reserve from issuing or developing a Central Bank Digital Currency (CBDC) through December…
India FIU Seeks Crypto OTC Records Above $10,000 from Major Exchanges.
India’s Financial Intelligence Unit (FIU-IND) has directed at least three major cryptocurrency exchanges to provide detailed records of over-the-counter (OTC) transactions exceeding $10,000. This request covers trades dating back to…