Latest posts
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Freightos Shows the AI Freight Payoff Starts With Transactions
Global freight is becoming more digital, and it’s happening just in time for artificial intelligence. That, at least, was the backdrop for Freightos’ second-quarter 2026 results, released Monday (Aug. 17). Transactions on the company’s digital freight marketplace reached 458,000, up 15%, while gross booking value, or the value of freight services transacted through the platform,…
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U.S. Treasury Department proposes GENIUS Act stablecoin rule
The Treasury proposal would establish some of the core definitions and jurisdictions in the law Congress completed last year.
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Robot maker Unitree is going public. Hyperliquid traders see 4x upside from IPO price
Hyperliquid traders value Unitree at nearly $38 billion versus $9 billion at its IPO, leaving leveraged bets vulnerable when trading begins, Allium analysts said.
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Swiss mega-bank UBS ramps up its Bitcoin exposure with a massive 24-fold surge in ETF call options
Direct holdings of IBIT also rose 12% to 407,890 shares, while put option exposure dropped roughly 53% to 143,300 underlying shares during the quarter.
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Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city
The Energy Ministry enacted the year-round restriction to mitigate power capacity shortages, as energy-intensive mining facilities continue to strain regional grids.
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Paul Tudor Jones’ investment firm increases stake in BlackRock’s bitcoin ETF after year of selling
Calls fell 85.2% to 148,000 underlying shares, while puts slipped 1.4% to 715,000.
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Italy’s Cheese Bank Finds Climate Risk Has a Rind
On Wall Street, “cheese” is slang for money. In Italy, they decided the metaphor needed collateral. Deep inside climate-controlled warehouses in Emilia-Romagna, hundreds of thousands of wheels of Parmigiano-Reggiano sit on shelves while securing loans from Credito Emiliano, Fortune reported Monday (Aug. 10). It’s banking with notes of hazelnut, salt and a surprisingly complicated risk…
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Mastercard Offers Brazilian Acquirers 50% Payout and Services in Will Bank Dispute
Mastercard is proposing to pay half the amount demanded by Brazilian merchant acquirers that were impacted by the collapse of Will Financeira, also known as Will Bank, a FinTech tied to the failed Banco Master, Bloomberg reported Friday (Aug. 14), citing unnamed sources. In addition, Mastercard is proposing to provide the firms with services such…
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Retail Spending Pause Shows Consumers Picking Their Spots
July’s retail sales decline landed in the middle of a much more deliberate reset in household spending. Consumers are still buying, in select categories. But PYMNTS Intelligence data show how aggressively they are working the budget first, from switching brands and merchants to hunting discounts and comparing prices before deciding where the next dollar go…
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Western Union’s Intermex Deal Wins New York Approval but Stalls in California
Western Union’s pending acquisition of International Money Express (Intermex) has received regulatory approval from New York but faces further review by California, Western Union said in a Friday (Aug. 14) press release. The New York State Department of Financial Services (NYDFS) gave its regulatory approval to the pending acquisition after Western Union made commitments regarding…