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Share link:In this post: The FCC greenlights new rules to strengthen the security of subsea data cable networks. License bids from adversarial governments will also face an initial presumption of rejection until proven harmless. Anna Gomez believes the new regulations will boost critical investments.
Share link:In this post: South Korea plans to launch an AI foundation model with an investment of 530 billion won ($383 million). The country selected five consortia to develop the project, including Naver, LG AI Research, SK Telecom, NC AI, and Upstage. The government plans to evaluate each team’s AI model every six months, eliminating one team at a time until only two remain by 2027.
Share link:In this post: Modi said he will host Putin in India this year after a detailed call on Ukraine and bilateral ties. Trump raised tariffs on Indian goods to 50% over continued Russian oil imports. Moody’s warned the tariff hike could cut India’s GDP growth and hurt manufacturing plans.
Erebor, a new crypto bank, aims for fast approval by leveraging political connections. While it could boost crypto, concerns about favoritism and corruption loom over its success.
- 12:48Bitget has launched USDT-margined MYX perpetual contracts and simultaneously listed 3 stock-related contracts.According to ChainCatcher, Bitget has announced the launch of the USDT-margined MYX perpetual contract, with a maximum leverage of 20x. Contract trading BOT will be opened simultaneously. In addition, Bitget has launched stock-related contracts such as MRVL, RIOT, and GME, with leverage ranging from 1x to 10x. Users can trade through the official website or the Bitget APP.
- 12:48The US Dollar Index drops sharply to 97.6; AUD and NZD extend gains against the US dollar.According to ChainCatcher, citing Golden Ten Data, the US Dollar Index (DXY) dropped 26 points in the short term, reaching a low of 97.6. The Australian dollar against the US dollar (AUD/USD) expanded its intraday gain to 0.5%, now quoted at 0.6622; the New Zealand dollar against the US dollar (NZD/USD) also expanded its intraday gain to 0.5%, now quoted at 0.5955.
- 12:48Short-term US interest rate futures rise as traders increase bets on rate cutsAccording to ChainCatcher, citing a report from Golden Ten Data, short-term US interest rate futures rose after the release of the PPI data, with traders increasing their bets on a Federal Reserve rate cut.