Alibaba Group Holding (BABA) is selling its gaming unit, Lingxi Games, to Asian private equity firm Trustar Capital in a transaction reportedly worth at least $1.5 billion. The sale comes as CEO Eddie Wu makes artificial intelligence and cloud computing key strategic priorities for the company. Why Alibaba Is Letting Go of Gaming Lingxi CEO

Gold’s correction since January looks very different when viewed relative to equities. Gold is now 21% below its January peak. Over the same period, the S&P 500-to-gold ratio has rebounded from roughly 1.27 to 1.79, a 40% move. That is a substantial relative-value reset. We think the overcrowded gold trade of early 2026 has largely

LBank Labs, the venture and ecosystem arm of global cryptocurrency exchange LBank, successfully hosted VIP Saigon Night in Ho Chi Minh City alongside Conviction 2026, Vietnam’s major digital asset and AI economy forum, bringing together founders, investors, builders, ecosystem partners, media, and Web3 community members for an evening of networking…

Galaxy Research said that Coldcard losses have exceeded $115 million, covering 1,778.58 Bitcoin (BTC) swept from 8,680 addresses since July 30, according to Galaxy data through August 13. One new chart from the firm ranks the 10 largest sweep groups by transaction habits. However, most of the drained addresses still have no named owner. Follow

Ethereum wants to hyperscale by copying how Bitcoin tracks coins, and Vitalik Buterin credits Bitcoiners for it.