22:07 2025-04-28
Former Kraken Chief Legal Officer Marco Santori joins Pantera CapitalMarco Santori, Kraken's former chief legal officer, has joined Pantera Capital as a general partner "focused on expanding the firm's crypto asset portfolio". Mr. Santori led Kraken in building one of the industry's largest legal and compliance divisions and is "widely recognised" for developing the Simple Agreement for Future Tokens (SAFT) framework. "I join Pantera at a pivotal moment for the crypto industry on the global stage," he said. "After more than a decade, governments are finally embra...
22:00 2025-04-28
Mastercard advances stablecoin global payment integrationMastercard is pushing to allow consumers to use stablecoins for spending and merchants to accept stablecoins for payment. "Mastercard is offering a comprehensive 360-degree solution that makes it as easy for consumers and businesses to use stablecoins as money in their bank accounts," the company said. Consumers will be able to spend stablecoins in crypto wallets at more than 150 million merchants around the world that accept Mastercard through traditional cards, and withdraw stablecoins to thei...
21:45 2025-04-28
Ali Tongyi Qianwen released and open-sourced Qwen3Alibaba Tongyi Qianwen released a new version of the Qwen3 series of models early this morning, including 2 MoE models and 6 dense models, with parameters ranging from 0.6B to 235B. Compared with other top models such as DeepSeek-R1, o1, o3-mini, Grok-3 and Gemini-2.5-Pro, the flagship model Qwen3-235B-A22B achieved competitive results in benchmark assessments such as coding, mathematics, and general capabilities. Tongyi Qianwen also said that the reasoning ability of the Qwen3 model has been gr...
21:34 2025-04-28
Ali Tongyi Qianwen released and open-sourced Qwen3On April 29th, Alibaba Tongyi Qianwen released a new version of the Qwen3 series of models early this morning, including 2 MoE models and 6 dense models, with parameters ranging from 0.6B to 235B. Compared with other top models such as DeepSeek-R1, o1, o3-mini, Grok-3 and Gemini-2.5-Pro, the flagship model Qwen3-235B-A22B achieved competitive results in benchmark evaluations such as coding, mathematics, and general capabilities. Tongyi Qianwen also said that the reasoning ability of the Qwen3 mo...
21:21 2025-04-28
Deutsche Bank: US assets still face resistance from overseas buyersForeign investors are still holding back from buying US assets in spite of the market recovery over the past week, according to Deutsche Bank. George Saravelos, head of foreign exchange strategy at Deutsche Bank, studied the flows of funds that have sucked in overseas money into US equities and bonds in an effort to see how foreign investors have moved in "real time" in recent weeks. Mr. Saravelos wrote that the data showed a "sudden stop" in overseas purchases of US assets over the past two mon...
21:18 2025-04-28
Gold prices rebounded strongly, and there was low buying in the marketGold prices reversed a downward trend on Monday as low buying followed trade developments and a flurry of economic data. Spot gold rose nearly 1% to $3,349 an ounce after falling 1.8% at one point. "We are starting to see the first signs that the selling momentum is drying up," said Daniel Ghali, commodity strategist at TD Securities, adding that downside risks to gold were extremely limited. "Western investors, especially independent traders or macro funds, were completely underweight during th...
20:42 2025-04-28
Bitcoin withstands economic and geopolitical pressures and remains strongBitcoin (BTC) fell in early US trading, but was largely stable following the release of weak macroeconomic data. Bitcoin was trading at just under $95,000 late in the day, up 0.5% in the past 24 hours. The Dallas Fed Manufacturing Index plunged to -35.8, its lowest level since May 2020, reflecting major economic concerns stemming from Trump's tariffs. Meanwhile, hostilities between India and Pakistan may also have heightened market tensions.