Author: Vidya Saras
Standard Chartered Bank Re-focuses On $500,000 Bitcoin Target After Trump Crypto Reserve Announcement
Just one day after U.S. President Donald Trump announced that Bitcoin is going to âat the heartâ of a national strategic crypto reserve, Standard Chartered Bankâs Head of Digital Asset Research Geoff Kendrick stated that he is now re-focusing on his â$500,000 bitcoin price target.â BREAKING: đșđž President Trump says âobviouslyâ Bitcoin will be included in the strategic reserve.âI also love Bitcoinâ pic.twitter.com/STPTl3y6Ghâ Bitcoin Magazine (@BitcoinMagazine) March 2, 2025 âWe have moved from selling rallies to buying dips,â Kendrick reportedly stated in an email. âAnd hence I re-focus on my $500,000 bitcoin targetâŠGiven these developments, which align with our previous…
Cryptocurrencies soared on Sunday as President Trump named five digital tokens set to form part of a United States âcrypto reserveâ. In a surprise announcement, Trump revealed that XRP, cardano (ADA), solana (SOL), bitcoin (BTC) and ethereum (ETH) will comprise the government-backed reserve in a move aimed at bolstering the status of digital assets. Values of XRP, SOL and ADA initially soared, with XRP jumping from $2.23 to $2.99âadding $44 billion to its market valueâand solana gaining 20 per cent in minutes. The second wave of buying was sparked by Trumpâs later disclosure that bitcoin and ethereum would also be…
After a period of heightened volatility, Bitcoin, the flagship crypto asset, appears to have found its footing, undergoing a surge back to the $94,000 price mark. BTCâs renewed upward movement has allowed it to close key price gaps, reflecting a bullish outlook for the asset. CME Gap Finally Closes Following Bitcoinâs Price Recovery Bitcoinâs current price upswing has recovered key resistance areas that previously halted its uptrend. Delving into BTCâs price action, Rekt Capital, a market expert and trader, highlighted that the asset has closed the price gap recently formed by its sharp decline last week. The closing of this…
Friends, The year ahead will be filled with upgrades and big ideas from across the Ethereum ecosystem. Since our last Supported Teams post (which followed the launch of the beacon chain), the network has seen 3.8+ million Ether staked, and 120K+ active validators online across multiple clients. In recent days, the launch of the Berlin network upgrade was completed, and since thereâs always progress being made by other EF-supported projects, these updates are an opportunity to highlight more efforts to grow and improve Ethereum as a whole. Included in this edition are updates from many teams highlighted in the previous…
In building Pudgy Penguins, Igloo Inc. have turned a dud into one of the worldâs biggest NFT collections. With watchful eyes locked on their every move, theyâre now looking to build a mainstream-ready blockchain. That blockchain is the Abstract Chain.Abstract is a consumer-focused Ethereum Layer-2 blockchain. Luca Netz, CEO of Pudgy Penguins, states that it will âchange the dynamic of how users interact with blockchain technology and easily merge both the real and digital worlds.âUpon its debut in January 2025, community reactions were mixed â but the team behind it stayed committed. Theyâve continued to build, with apps, tools and…
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It chose a restaurant, but then couldn’t complete the process as the spot it chose required a credit card to confirm a reservation, at which point the user had to take over. You can be flexible in your queryâin another example, asking it to book a âhighly ratedâ restaurant meant it would look at reviews with high scores, though the agent doesn’t do any more research than that. It’s not cross-referencing OpenTable reviews with data from other parts of the web, especially since all of this data is processed on device and isn’t sent to the cloud.This kind of agentic…
Donald Trumpâs cruel and chaotic second term is just getting started. In his first month back in office, Trump and his lackey Elon Musk (or is it the other way around?) have proven that nothing is safe from sacrifice at the altar of unchecked power and riches. Only robust independent journalism can cut through the noise and offer clear-eyed reporting and analysis based on principle and conscience. Thatâs what The Nation has done for 160 years and thatâs what weâre doing now. Our independent journalism doesnât allow injustice to go unnoticed or unchallengedânor will we abandon hope for a better…
DeepSeek AI Releases Smallpond: A Lightweight Data Processing Framework Built on DuckDB and 3FS
Modern data workflows are increasingly burdened by growing dataset sizes and the complexity of distributed processing. Many organizations find that traditional systems struggle with long processing times, memory constraints, and managing distributed tasks effectively. In this environment, data scientists and engineers often spend excessive time on system maintenance rather than extracting insights from data. The need for a tool that simplifies these processesâwithout sacrificing performanceâis clear. DeepSeek AI recently released Smallpond, a lightweight data processing framework built on DuckDB and 3FS. Smallpond aims to extend DuckDBâs efficient, in-process SQL analytics into a distributed setting. By coupling DuckDB with 3FSâa high-performance,…
Some of the vulnerabilities mentioned in the logs are old, but widespread, such as the CVE-2022-30190 remote code execution flaw in Microsoft Office remote template feature, also known as the Follina flaw, that has been widely exploited via malicious Word attachments. Other well known flaws include Log4Shell (CVE-2021-44228), Spring4Shell (CVE-2022-22965), and ProxyNotShell (CVE-2022-41028, CVE-2022-41040). However, according to the communication logs, Black Basta is also generally quick to discuss newly released vulnerabilities, several of which the group seems to have had access to before official publication: Fortinet FortiOS (CVE-2024-23113), Bricks Builder WordPress Theme (CVE-2024-25600), and Exim Email (CVE-2023-42115). âWithin days of…