In brief Italian police arrested 30 people over an alleged mafia-linked “hidden bank” run from a car-rental business near Milan, seizing €21 million in assets including cryptocurrency. Prosecutors say the network issued more than €110 million in fake invoices and…
CryptoQuant CEO calls rising Bitcoin hashrate ‘indirect bullish signal’ from institutions <!–> [–> 11 hours ago Zoltan Vardai <!–> –> Source: Cointelegraph
The pre-IPO Jio contract on Bitget is trading near $12, a roughly 4% premium on the top price band, as India’s largest public offering remains open for subscription. Source: CoinDesk
In brief Prosecutors in Tianjin have applied to confiscate 61,896 BTC and other assets linked to Zhimin Qian, and a local court has accepted the case. Qian allegedly raised more than 40 billion yuan from the public between 2014 and…
The Nasdaq is down more than 2% as the AI bull market trade continues to unwind. U.S. interest rates are plunging even as oil surges. Source: CoinDesk
Starknet community members have overwhelmingly voted in favor of a new governance proposal to fund research into alternative Layer-1 architectures beyond Ethereum. The initiative, spearheaded by StarkWare, aims to explore sovereign blockchain designs and advanced cryptographic primitives that could enhance scalability and independence. While Starknet will remain deeply connected to its Ethereum roots, this strategic move allows developers to investigate future-proofing technologies and cross-chain interoperability. Proponents argue that branching out research will ultimately strengthen the network's long-term resilience and adaptability in a rapidly evolving decentralized landscape.
Anthropic has unveiled Claude Duet, an innovative feature designed to keep the AI assistant working even when your mobile device is completely turned off. This capability allows users to seamlessly delegate complex tasks, such as long document analysis and data processing, without draining their phone's battery or requiring a continuous active connection. By shifting heavy workloads to the cloud, Claude ensures that projects continue progressing autonomously in the background. Once the tasks are finished, the system delivers the completed results straight to the user, significantly boosting productivity and redefining the boundaries of mobile artificial intelligence assistance.
Cloudflare CEO Matthew Prince has issued an urgent warning regarding a severe security flaw in PHP, which has recently triggered millions of automated exploit attempts globally. The vulnerability, tracked as CVE-2024-4577, allows malicious actors to execute arbitrary code remotely on vulnerable Windows servers running PHP. Cybercriminals are actively scanning the internet to compromise unprotected systems, posing a significant risk to enterprise infrastructure. Security experts strongly urge administrators to immediately apply the official patches released by the PHP development team to prevent potential data breaches and system takeovers.
Asian stock markets experienced a sharp downturn, led by significant losses in mainland China as the country officially entered a bear market. Investor sentiment was severely dampened by ongoing economic concerns and regulatory pressures within the region. Compounding the gloomy financial landscape, the cryptocurrency market also suffered, with bitcoin retreating significantly from its recent price levels. This widespread sell-off highlights growing global economic anxieties and a risk-off sentiment among international investors. Markets now await further policy interventions to stabilize volatile trading conditions.
Bitcoin exchange-traded funds have experienced a remarkable resurgence, pulling in an impressive $528 million in a single day. This latest influx pushes the cumulative three-day haul past the significant $1 billion milestone. The sustained institutional interest highlights growing confidence and renewed momentum within the cryptocurrency market. As these financial products continue to attract massive capital, analysts view the robust inflows as a strong indicator of broader mainstream adoption.