San Francisco, CA, July 17th, 2026, Chainwire

Crowdsourced Hedge Fund Completes Third Open-Market Purchase as Contributor Network and Assets Continue to Grow

Numerai, the decentralized hedge fund powered by crowdsourced machine learning, today announced the completion of a third strategic purchase of Numeraire (NMR), acquiring an additional $1.2 million of the token from the open market. The purchase brings Numerai’s total NMR buybacks to $3.2 million within one year.

The buyback reflects Numerai’s continued investment in the staking system that aligns thousands of independent data scientists toward improving the firm’s Stake-Weighted Meta Model, the machine learning model that powers Numerai’s hedge fund. Contributors stake NMR on their models, earning additional NMR when their predictions perform well on future market data and losing it when they do not. The resulting Stake-Weighted Meta Model continues to outperform Numerai’s internal benchmark models, demonstrating the value of aligning incentives with predictive performance.

Since announcing its first strategic buyback in July 2025, Numerai’s network has expanded significantly. Active accounts have more than doubled over the past year, submissions continue to increase, and the platform has introduced new infrastructure including Numerai Skills, Numerai Model Context Protocol (MCP), and Atomic Blockchain Staking, enabling increasingly autonomous participation by AI systems.

The underlying hedge fund has also continued to grow. According to the company, Numerai now manages approximately $700 million in assets, up from approximately $560 million at the end of 2025.

Numeraire is a fixed-supply Ethereum token capped at 11 million NMR. Because tournament rewards and staking incentives are distributed from Numerai’s treasury, the company is replenishing its holdings through open-market purchases. Before this buyback, approximately 3.1 million NMR remained in Numerai’s treasury.

Unlike the previous two announcements, this buyback had already been completed before today’s announcement. As with prior purchases, the transaction was executed on the open market through Coinbase Institutional at or near the bid price over several weeks to minimize market impact.

Past performance is not indicative of future results. This content does not represent an offer to purchase or sell any security or the interests of any account managed by Numerai GP, LLC or its affiliates. Such an offer may only be made to persons who qualify to invest and in jurisdictions in which such an offer is legal.

About Numerai

Numerai is a San Francisco-based hedge fund and data science platform founded in 2015. Through a global competition and open API, thousands of data scientists submit stock market signals that are aggregated into a single Meta Model used to trade global equities. Numeraire (NMR) is used to stake and reward models that improve the fund. Numerai’s mission is to build the world’s last hedge fund through open, competitive machine intelligence.

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Contact

Contact Numerai
contact@numer.ai

London, United Kingdom, July 17th, 2026, Chainwire

ether.fi, the leading onchain neobank for digital asset management, has selected Nexus Mutual to provide crypto’s largest-ever ETH Slashing Cover. The cover protects ether.fi‘s validators against up to 15,000 ETH worth of slashing penalties.

As ether.fi continues to see rapid adoption from both retail and institutional audiences, securing industry-leading protection against slashing risk for ether.fi users is critical. Over the last year, ether.fi has been systematically strengthening their stack across infrastructure, risk management, operational security and real-time defense systems. 

Since ether.fi operates one of the largest validator sets on Ethereum, slashing is a real tail risk for them. By working with Nexus Mutual, ether.fi has mitigated this with protection that kicks in to secure against validator losses. This cover was calculated to protect ether.fi in even the most extreme scenarios and represents more than all historical losses from ETH slashing combined.

“We’ve always believed the safest protocols will ultimately win. That’s why we’ve invested heavily in audits, operational security, staking architecture, and now the largest insurance program in the industry. We are excited to partner with Nexus Mutual to make this a reality,” said Mike Silagadze, Founder & CEO of ether.fi.

“We’ve known the ether.fi team since before it was ether.fi, and they’ve been focused on risk from day one. Covering their users for up to 15,000 ETH in slashing penalties is a historic step, and we’re proud they chose Nexus Mutual to take it with them,” said Hugh Karp, Founder of Nexus Mutual.

About ether.fi

ether.fi is the leading onchain neobank for digital asset management. With $6B+ in AUM across Cash (crypto card), Stake (restaking), and Liquid (liquid restaking derivatives), ether.fi has established category dominance in crypto neobanking. It’s the rare institutional-grade product built for consumer adoption. 

About Nexus Mutual

Nexus Mutual is the first crypto insurance alternative. Since 2019, they have covered more than $7 billion against smart contract hacks, slashing, and other digital asset risks. As the industry leader, they have become a trusted partner for everyone from individuals to institutions to help manage onchain risk.

Contact

Head of Marketing
Phil Johnston
Nexus Mutual
phil@nexusmutual.io

AMZ Shipper has opened its LTL services to all enterprise customers, offering end-to-end China-U.S. logistics beyond Amazon’s U.S.-only domestic solution. Services cover factory pick-up, ocean/air freight, customs clearance, palletizing, and final delivery for 1–6 pallets. The company stresses transparent, itemized quotes with no hidden fees, dedicated bilingual account managers, and real-time tracking. Leveraging its WCA global network and warehouses across Shenzhen, Yiwu, and Guangzhou, AMZ Shipper targets cross-border sellers needing full visibility and complex coordination. Further industry-specific solutions are planned for late 2026.

Shenzhen, Guangdong Province, China, 17th Jul 2026 — As global supply chains continue to restructure and B2B less-than-truckload (LTL) demand surges, AMZ Shipper today announced that its LTL services are now fully open to all enterprise customers. This move means that businesses of all sizes, regardless of whether their cargo is destined for Amazon warehouses, can now access AMZ Shipper’s LTL solutions and enjoy one-stop logistics services from pick-up in China to final delivery across the United States.

This service upgrade comes at a time of significant industry change. Amazon recently announced that its LTL services would be opened to all businesses nationwide, no longer limited to shipments destined for its warehouses—a move that has sparked widespread discussion about standardization and efficiency in LTL transportation. However, for the large number of cross-border sellers engaged in U.S.-China trade, transportation services that merely cover the U.S. domestic leg fall short of addressing their complex end-to-end requirements—from factory pick-up in China and international ocean/air freight to destination customs clearance, warehouse deconsolidation, palletizing, labeling, and final LTL delivery. The coordination and transparency of every step directly impact inventory turnover and operating costs.

AMZ Shipper’s LTL services are designed precisely around this market gap. Leveraging years of experience handling over 1,500 40HQ containers annually and a warehouse network spanning China’s major manufacturing hubs—including Shenzhen, Yiwu, and Guangzhou—the company offers end-to-end LTL support. Services cover shipments ranging from 1 to 6 pallets, weighing between 150 lbs and 15,000 lbs, and support multiple customs clearance options including DDP (Delivered Duty Paid) and DDU (Delivered Duty Unpaid), flexibly accommodating the trade needs of different businesses.

“We observed that many small and medium-sized enterprises, when faced with standardized services from large platforms like Amazon, still require more flexible and transparent options,” said a spokesperson for AMZ Shipper. “Our LTL services not only cover U.S. domestic delivery but extend the service chain all the way to the origin in China—truly delivering ‘one quote, full visibility.’”

In terms of service transparency, AMZ Shipper maintains its long-standing principle of “itemized written quotations.” Prior to engagement, clients receive a complete quote with detailed breakdowns of ocean freight, customs clearance, trucking, documentation fees, and more—with a commitment that “unless the client proactively requests changes, there will be no unexpected charges.” This practice directly addresses the long-standing pain point in the logistics industry of “quotes not matching final invoices,” giving clients a clear cost expectation from the start.

On the operational support front, AMZ Shipper assigns dedicated account managers to each LTL client and provides bilingual customer support (Chinese and English) with a 4-hour response commitment. Additionally, as a member of the World Cargo Alliance (WCA), the company ensures that every leg of the transportation process is reliably executed through a global network of vetted agents, while real-time tracking systems keep clients informed of their shipment status at all times.

AMZ Shipper believes that the standardization push from industry giants in LTL services and the deep-service capabilities of specialized cross-border logistics providers are complementary rather than competitive. For businesses requiring standardized U.S. domestic transportation, platform-based services offer an efficient option. However, for cross-border sellers shipping from China who demand full visibility and expert handling of complex interconnections, AMZ Shipper—with its years of hands-on experience, transparent quoting practices, and globally vetted agency network—remains a trusted professional partner.

Looking ahead, AMZ Shipper will continue to refine its LTL service transit times and coverage based on client feedback, and plans to launch more granular industry-specific solutions in the fourth quarter of 2026 to further address the differentiated needs of sellers in apparel, electronics, home goods, and other categories.

About AMZ Shipper

AMZ Shipper is a cross-border logistics provider headquartered in Shenzhen, China, offering international freight forwarding, FBA prep services, and LTL transportation solutions to Amazon sellers and businesses of all types. The company operates warehouses across China’s major manufacturing regions and leverages its WCA global network to deliver reliable shipping services covering the U.S. and European markets.                                                                                     

Media Contact

Organization: AMZ Shipper Co. Ltd

Contact Person: Chrissy

Website: https://amzshipper.com/

Email:
info@amzshipper.com

Address:Building F, No. 1 Yanhe Road, Anliang Community

Address 2: Yuanshan Subdistrict, Longgang District,

City: Shenzhen

State: Guangdong Province

Country:China

Release id:47218

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