The world’s largest company by market cap, NVIDIA, has announced the release of the Nemotron 3.5 Lightning, an open-source AI model designed for agentic workflows. This comes as the company’s CEO, Jensen Huang, shows support for open-weight AI models, which he noted are key to America’s AI leadership.
For crypto investors considering a move abroad, the UAE offers more than a favorable tax environment. Its regulated digital-asset infrastructure and growing financial ecosystem can also make it an attractive base for crypto activity. The broader economy also supports this growing ecosystem. In its first quarter of 2026, real GDP reached AED 485 billion, or
Tether is winding down Alloy by Tether, a platform built around dollar-tracking aUSDT debt backed by Tether Gold collateral. Starting Sept. 17, customers who have not returned their aUSDT will no longer be able to recover XAUT through the platform. The remaining exposure is far smaller than the aUSDT contract’s headline supply. Alloy’s official vault
Rain acquired Ansa, a startup whose software lets merchants run their own branded prepaid wallets, the stablecoin card issuer announced. The purchase adds a product built on fiat. Ansa’s wallets hold dollar balances that customers load in advance and spend at the brand that issued them, and neither company described a stablecoin leg in the
Chicago Federal Reserve Bank President Austan Goolsbee has signaled that bringing inflation down should be the priority, describing it as the biggest challenge the economy faces. This comes amid the debate over a Fed rate hike, with some Fed officials already showing support for an interest rate increase.
Tech-oriented lender Erebor Bank is in advanced talks to raise about $1.5 billion in a deal that would value the year-old firm at about $9.5 billion, the Financial Times reported. Lux Capital, Human Capital, Valor Equity Partners, Andreessen Horowitz and SV Angel are expected to make large commitments in the fundraising round. Existing investors including
India is strengthening its efforts to bring its native currency, the rupee, to the global financial market. As BRICS countries explore ways to connect their modern payment systems and CBDCs, India is looking to increase the use of the rupee in cross-border transactions. Notably, India is expected to host the 2026 BRICS summit. The country
It’s 3:30 a.m. on a cool April morning, and hundreds of people are already lined up outside a Costco in British Columbia, some sitting in folding chairs, hours before the store opens. The buyers aren’t here for a bulk deal on toilet paper or groceries. They’re waiting to be the first to get their hands