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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.
- 04:13Saudi bank SAB signs agreement with Chainlink to promote the development of on-chain financial applications in Saudi ArabiaAccording to ChainCatcher, as reported by Cointelegraph, Saudi Awwal Bank (SAB) has signed a cooperation agreement with Chainlink to utilize Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Chainlink's operating environment to provide technical support for the next generation of on-chain applications.
- 04:13MyStonks core product officially deployed on BNB Chain, with the first batch issuing 15 million US stock tokenized assetsAccording to ChainCatcher, the core product of the US stock token decentralized trading platform MyStonks has been officially deployed on BNB Chain, with the first batch issuing US stock token assets worth 15 million USD. In the future, users will be able to conveniently trade US stock tokens on the MyStonks platform via BNB Chain, enjoying richer ecosystem support and a more efficient on-chain experience.
- 04:03Data: Bitcoin spot ETF saw a total net inflow of $292 million yesterday, marking 7 consecutive days of net inflows.According to ChainCatcher, based on SoSoValue data, the total net inflow of Bitcoin spot ETFs yesterday (Eastern Time, September 16) was $292 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was Blackrock ETF IBIT, with a single-day net inflow of $209 million. The historical total net inflow for IBIT has reached $60.249 billion. The next highest was Fidelity ETF FBTC, with a single-day net inflow of $45.7639 million. The historical total net inflow for FBTC has reached $12.680 billion. The Bitcoin spot ETF with the highest single-day net outflow yesterday was Bitwise ETF BITB, with a single-day net outflow of $10.7797 million. The historical total net inflow for BITB has reached $2.320 billion. As of press time, the total net asset value of Bitcoin spot ETFs is $153.775 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin's total market value) at 6.61%. The historical cumulative net inflow has reached $57.383 billion.