AI training startup Mercor negotiates $20 billion valuation financing

Post quantum cryptography management platform QIZ Security has completed a seed round financing of $17 million, led by Bessemer Venture Partners and Merlin Ventures, with participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, and Qino Cyber Capital. The funds will be used for product development and market expansion.

The Hyperliquid Policy Center has submitted a response to the US Commodity Futures Trading Commission, requesting recognition that on chain protocols do not require registration, non custodial wallets do not assume the role of financial intermediaries, and provide a clear path for regulatory functions on the chain.

US commercial crude oil inventories are at a decades low, with data from the US Department of Energy showing an increase of 3 million barrels in US commercial crude oil inventories last week. President Trump announced the termination of the ceasefire agreement, and Andy Lipo, President of Houston based Lipo Oil Consulting, said that the most worrying situation in the oil market later this year will come true when inventory drops to the minimum operating line. Energy industry executives and analysts have warned that if shipping in the Strait of Hormuz is blocked again, the energy security of the United States will be severely threatened, and the market has not predicted a repeat of the oil crisis in which oil prices broke through $100 per barrel this spring. If the United States is forced to continue using its strategic reserve of crude oil, it will lack sufficient reserves for emergency backup, and oil prices will rise again.

[MARA Holdings Subsidiary Plans $600 Million Acquisition of MAT 1177 LLC Equity] According to regulatory filings, MARA Holdings subsidiary Volt Texas has signed an agreement with HIF USA to acquire the majority equity of MAT 1177 LLC, which holds the Texas data infrastructure park project. The project company has a letter of intent to provide up to 2,000 megawatts of power for the park, aimed at building a digital infrastructure park to support high-performance computing and Bitcoin mining. The transaction price will be paid in installments based on milestones, with the total acquisition amount reaching up to $600 million if all development milestones are completed.

According to The Block, the US Supreme Court ruled 6-3 in favor of President Trump's authority to replace the leaders of multiple independent federal agencies, including the FTC. The revision, exemption, and division of responsibilities of the cryptocurrency regulatory rules being promoted by the SEC and CFTC are being affected.