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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.
- 14:11A Dormant Whale Stakes 4,736 ETH to Kiln After 3 Years, Realizing $10.7 Million in Unrealized GainsAccording to Jinse Finance, Onchain Lens monitoring shows that a whale dormant for three years has staked 4,736 ETH (worth $19.84 million) to Kiln. This whale accumulated these ETH about four to five years ago at a cost of approximately $9.12 million and is now sitting on an unrealized profit of $10.7 million.
- 14:11Auride: Completion of First Phase of Computing Power RWA Issuance, Exploring New Digital Financing Pathways for AI InfrastructureForesight News reports that Auride has announced the completion of the first issuance of RWA based on AI server assets, with support from Ant Digital Technologies. The underlying assets of this project are AI servers owned by Auride’s subsidiary, Shenzhen Zhisuannli Digital Technology Co., Ltd., marking the nation’s first RWA backed by computing power assets. This RWA project collaboration is of great significance for advancing the full digitalization of AI Infra assets and exploring new methods for the value circulation of computing power assets.
- 14:11TRM Labs: Embargo Ransomware Group Has Transferred Approximately $34 Million in Cryptocurrency Since AprilForesight News reports that blockchain intelligence firm TRM Labs has released a report stating that since April, the Embargo ransomware group has transferred approximately $34 million in cryptocurrency, targeting the U.S. healthcare and infrastructure sectors.