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Russian President Putin is reportedly planning to escalate military actions in Ukraine, viewing current negotiations as ineffective. This potential shift signals a dangerous new phase in the conflict, raising international concerns about further deterioration.
Read MoreCoinbase and Better Mortgage have launched a token-backed conforming mortgage product for eligible Coinbase One members. Qualified borrowers can use cryptocurrency as collateral to secure home loans, with incentives including up to $10,000 in closing cost credits.
Read MoreAn attacker exploited a vulnerability in the Cosmos EVM shared module to steal $50 million worth of NES tokens. However, due to low liquidity and severe slippage during the swap process, the attacker only realized a profit of approximately $60,000, highlighting critical risks in cross-chain security.
Read MoreMiniMax's annual recurring revenue structure reveals a dramatic shift, with enterprise services now comprising around 80% of ARR, a surge from approximately 30% last year. This rapid growth highlights accelerating adoption by businesses and developers, positioning enterprise AI as the company's new growth engine.
Read MoreZhipu AI has open-sourced GLM-5.3-Flash, a 320B-parameter multimodal model scoring 57 on the AA Index, matching Claude Opus 4.8 in performance. Its programming capabilities are comparable, yet pricing is just 1/40 of Opus, making cutting-edge AI more accessible.
Read MoreJuly's core PCE index met expectations at 0.2% monthly and 3.3% annually. Morgan Stanley notes that while not a major surprise, the data's firm trend alongside resilient economic activity keeps September Fed hike expectations alive, complicating the policy outlook.
Read MoreMeta has agreed to implement a decade-long "teen safety" plan on Instagram and Facebook, urging platforms like YouTube to follow. The company will record about $10 billion in legal expenses for settlements this quarter, highlighting intensified regulatory focus on protecting young users online.
Read MoreKey evening updates: Alibaba's Qwen3.8-Flash model launch, Moon's Dark Side in talks for Kimi model revenue share up to 30%, and US core PCE meets expectations. Crypto eyes Hyperliquid's potential US entry, while Zhipu confirms new GLM version release.
Read MoreEthereum developers have proposed a draft to overhaul the validator deposit contract, preparing the network for future post-quantum cryptography. The plan introduces a flexible framework to eventually phase out current BLS signatures, safeguarding over $10 billion in staked ETH. This is a key step in Ethereum's long-term quantum resistance roadmap.
Read MoreBitcoin has broken below the critical $78,000 support level, currently trading at $77,983.75 with a 24-hour decline of 1.03%. Market volatility has intensified, requiring investors to monitor technical developments closely and implement prudent risk management strategies.
Read MoreAfter July's key inflation gauge rose 3.7% year-over-year, beating forecasts, market expectations for a September Fed rate hike jumped. Probability surged from 36% to 42%, reshaping short-term policy outlook.
Read MoreThe SEC has submitted a draft rule to the White House, proposing a new framework for how investment advisers can custody clients' digital assets. It aims to clarify compliance obligations and update outdated requirements, marking a regulatory step forward amid stalled legislation.
Read MoreOn August 26, spot gold prices fell sharply, breaking below the key $4,600 per ounce level with a daily drop of 1.30%. This decline has heightened market attention on gold's near-term trajectory, with investors closely watching macroeconomic signals for directional clues.
Read MoreMeta's stock rose over 4% pre-market after agreeing to a landmark settlement of up to $16.68 billion over allegations regarding potential harm to minors on its platforms. The deal marks a significant moment for tech accountability.
Read MoreAlibaba has unveiled a new version of its Tongyi Qianwen AI model. The update dramatically reduces the model's size while maintaining high performance, boosting computational efficiency and cost-effectiveness. This breakthrough could lower barriers to AI adoption, offering more flexible and economical solutions for businesses and developers.
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