Coinbase has launched tokenized U.S. equities on the Base blockchain. The August 24 rollout includes 13 stocks — NVDAc, METAc, AAPLc, GOOGLc, AMZN, COIN, CRCL, INTC, MSFT, MSTR, SNDK, SPCX, and TSLA — each representing a direct claim on the underlying share, not a synthetic derivative. The product is live. The U.S. regulatory framework that…
The release of Qwen3.8-2.4T-A95B shifts the open-weight frontier—just not in the direction the headline scores suggest. Alibaba has shipped a 2.4 trillion-parameter sparse Mixture-of-Experts model with 95 billion active parameters per token, under a custom license that locks commercial scaling behind a $50 million revenue threshold. The weights arrived on Hugging Face around August 12–13,…
Alibaba’s release of the Qwen3.8-2.4T-A95B open weights is not a surrender to the open-source ethos; it is a calculated exercise in platform capture. By abandoning the permissive Apache 2.0 license used for previous iterations in favor of a restrictive, custom Qwen3.8-Max License, Alibaba is drawing a hard line around the commercial value of its frontier-class…
The agent payment stack has formally split into two layers. Below sits the protocol layer — x402, Agent Payments Protocol (AP2), and Machine Payments Protocol (MPP) — where individual stablecoin transactions execute on-chain. Above now sits the settlement infrastructure layer, where routing, signing, and compliance decisions happen before a single coin moves. OSL Group’s launch…
Alibaba’s Qwen3.8-Max reaches direct price parity with US closed models while committing to open-source Max-class weights around August 10 — the DeepSeek playbook executed at $300B+ scale.
Moonshot AI raised $3.5 billion at a $35 billion valuation, reported by Bloomberg on July 29, tripling its value in six months and nearly doubling its initial fundraising target. The round was anchored by China’s National Artificial Intelligence Industry Investment Fund — the same state-backed vehicle negotiating to become lead investor in DeepSeek’s first-ever external…
Forkast began in Hong Kong in 2018, founded by former Bloomberg anchorAngie Lau, and spent the better part of a decade covering blockchain,digital assets, and the technology reshaping Asia’s financial system —reported from the region where much of it was actually happening.Licensing fights in Hong Kong and Singapore. Exchanges and theircollapses. NFT manias and the…
Moonshot is set to release the weights for Kimi K3 on July 27, 2026, providing the public with a 2.8 trillion parameter model capable of executing cyber operations. This release occurs four days after a joint assessment by the UK AISI and CAISI (NIST) found that the model’s internal safeguards fail to block offensive cyber…
The Digital Poker Chip Imagine you are at a casino. You walk up to the cage with $100 in cash and exchange it for $100 worth of plastic chips. Those chips are not money in the traditional sense-you cannot use them at the grocery store-but inside the casino, they represent exactly $100. They are easy…
The first regulatory framework to specifically target emotional bonds between users and AI forces ByteDance, Alibaba, and Tencent to disable companion features. The question: does regulation kill the category, or formalize it?