Bitcoin keeps up pressure on $84K as US stocks skirt Korea tech sell-off

Bitcoin (BTC) continued to target $84,000 at Tuesday‘s Wall Street open as US stocks attempted to shake off South Korea’s latest tech rout.  Key points:Bitcoin approached $84,000 once more at the start of US trading on Tuesday, still up by around 2%.US equities avoided a copycat sell-off after Koreas KOSPI index finished the day down 5.4%.Analysis from CryptoQuant warned of increasing US dollar strength challenging BTC price upside as DXY hit its highest level in 18 months.  S&P 500, Nasdaq brush off KOSPI losses  Data from TradingView showed BTC/USD returning to near $83,800 at the start of the US trading session, preserving much of its overnight upside.  BTC/USD one-hour chart. Source: Cointelegraph/TradingView  Equities opened lower on the day after futures fell during Asia trading after Koreas KOSPI Composite Index shed 7.4% over two days. Semiconductors led the losses amid mounting fears over AI expenditures and competition from China.  Both the S&P 500 index and the tech-heavy Nasdaq Composite index made early gains to briefly turn green on the day, however, both gauges were off less than 0.5% at the time of writing.  Nasdaq Composite Index one-day chart. Source: Cointelegraph/TradingView  “The most important development has been not just bond yields going up, but the volatility for bonds... and thats

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Bitunix Throws a Rooftop Party in Singapore and Showcases Its New Products

On the first day of TOKEN2049, October 7, Bitunix Exchange hosted an after-party in a rooftop venue overlooking Singapores Marina Bay, bringing together more than 300 guests. The event featured a product presentation, live performances, networking, and lucky draws.  The gathering brought together traders, key opinion leaders (KOLs), and industry partners for an evening outside the conference setting, providing an opportunity to connect and exchange ideas  Live Demonstrations of Super Alert, Pre-Trade Risk Planning and PC Ultra by Bitunix  A key part of the evening was a presentation that introduced Bitunix‘s latest product updates and platform enhancements. The presentation highlighted the exchange’s ongoing work to improve its trading platform and user experience.  Guests were introduced to three tools designed to improve the trading experience. Super Alert was presented as a tool that allows traders to set a price alert and step away, receiving a notification when the market reaches their chosen level.  Pre-Trade Risk Planning was also presented as one of the most recent Bitunix features, showing key trade details before an order is placed, including position size, entry price, and liquidation level.   Bitunix Live Product Demo in Singapore  Moreover, PC Ultra was presented as a desktop workspace that brings chart analysis, trading tools, and livestream

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Solana price loses 11% in a week, is $100 the next test?

Solana price has rebounded toward $108 after falling close to $100, but its position below daily trend resistance leaves the recovery facing an early test near $111.  TradingViews Binance SOL/USDT daily chart showed Solana trading at $107.77 on Oct. 13, up 1.90% during the session. The token had moved between $101.69 and $109.07, recovering roughly 6% from its intraday low while remaining below its early-October trading area near $120.  Compared with the Oct. 7 reference price of $120.65, the latest chart reading put SOL approximately 10.7% lower. The rebound reduced the weekly loss, but the daily chart still showed a sharp retreat from the recent highs and a price below its 20-day average.  Solanas $106 band faces a fresh support test  TradingViews daily Bollinger Bands placed the lower boundary at $106.01, the middle line at $116.43 and the upper boundary at $126.84.  Solana price daily chart — Oct. 13 | Source: TradingView  SOL had recovered above the lower band by the charts latest reading, following an intraday move beneath it. The rebound left $106 as the nearest visible band level below the market, followed by the session low at $101.69 and the psychological $100 threshold.  The daily chart showed that Solanas recent advance had carried the token

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AI Powered PlayStation Crack Could Let You Play GTA 6 on PC at Launch

In briefAnyPS5 is an open-source, AI-powered project on GitHub that converts PS5 game executables into programs that run natively on PC.Speculators believe that the tool will allow users to get higher performance out of PS5 games by using high-powered PCs.Some gamers hope that the project will be able to run GTA VI on PC at launch, although Discord members warn theres likely to be roadblocks.  Vibe coders are porting PlayStation 5 applications to Windows and Linux, leaving some users optimistic that the project will unlock better performance for PS5 games, and could even work for GTA 6 at launch.  AnyPS5 is an open-source, AI-powered project on GitHub that converts PS5 game executables into programs that run natively on PC, swapping Sonys system libraries for its own version rather than emulating the console. A community-run tracker lists more than 180 PS5 titles that have been tried with the tool, but only a handful have been verified as playable.  An important distinction to make is that this is not an emulator and that games will be running natively on PC. As a result, some speculators believe that users will be able to get better performance from PS5 games by playing them on a high-powered PC.  “GTA

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Anthropic warns ‘AI worms’ may autonomously spread across devices like a virus

Artificial intelligence (AI) company Anthropic warned that self-replicating autonomous AI systems may start spreading across user devices without human intervention, akin to computer viruses.  Rogue “AI worms” may start autonomously targeting everyday devices, including Android TVs, smart appliances, cameras and other internet-connected devices with basic computing power and weak security, according to a Monday report by researchers William Zhou and Daniel Freeman for Anthropics Frontier Red Team.  Small AI models may be “months away from being capable enough to self-replicate on commercial internet-of-things (IoT) devices,” which would be a challenging threat as it would have “no centralized point to shut off,” the authors said.  The warning follows renewed concerns over the growing mathematical capabilities of AI models, which may eventually break the cryptographic signatures used in crypto wallets, threatening about one-third of the Bitcoin supply.  Almost a third of global Bitcoin supply, or 6.26 million BTC, currently sits in addresses vulnerable to being broken by AI models or quantum computers. However, 4.33 million are exposed because of address reuse, meaning that moving that BTC to fresh wallets would end the exposure, wrote Glassnode co-founder Rafael Schultze-Kraft in a Thursday X post.  A day earlier, Ethereum researcher Justin Drake warned that rapid AI advancements could break

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Palantir CEO Drops Shocking Warning That Will Make You Rethink AI

AI could soon go from predicting what you buy to guessing what you think. That is the warning from Palantir CEO Alex Karp.  With AI stocks soaring, Karp‘s comments raise a troubling question: Could the technology eventually be used to predict people’s private thoughts?  Sponsored  Sponsored  Could AI Soon Know What Youre Thinking?  Companies already use AI to predict what customers might buy or whether someone will repay a loan. These systems study peoples past behavior to guess what they might do next.  Karp warns that the technology could go much further, potentially predicting what people are thinking before they even act.  Palantir builds powerful software used by the US military and government agencies. Its technology helps analyze battlefield data and support military decisions.  Now, Karp is warning that similar predictive systems could eventually be used on people inside the US. His key points include:The same predictive methods could be turned inward.Such systems could eventually estimate thoughts formed in everyday domestic life.Control should be addressed now, before the technology spreads.Limits on military use could leave the United States exposed to rivals.  Sponsored  Sponsored  He also cautioned that companies could follow the letter of the law while undermining its spirit.  “You can actually predict peoples behaviour, which may mean you are predicting their

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Bitcoin’s quantum-safe protection gets 82% cheaper as researchers race to secure 6 million exposed BTC

Researchers have cut the estimated computing cost of a specialized quantum-safe Bitcoin transaction by 82% to $59.  Related Asset Bitcoin #1 BTC · $83,664.06 24-hour change: up 1.03% Loading price history… 24H Up 1.03% 7D Down 2.80% 30D Up 8.59%  Data from the Quantum-Safe Bitcoin Optimization Challenge showed that improvements in graphics processing software reduced the projected expense from approximately $320 during StarkWares first mainnet demonstration in August to $67 in September and $59 as of Oct. 13.  The breakthrough could make a specialized Bitcoin protection method more affordable as developers seek ways to safeguard cryptocurrency holdings against future quantum computers without waiting for changes to the networks underlying protocol.  The public competition, organized by StarkWare, Yukon Research, and Eigen Labs, used AI-assisted coding tools to accelerate the computational searches required for the transactions.  Its latest benchmark recorded more than 1 billion verified candidates per second on an Nvidia RTX 4090 GPU, up from an initial rate of approximately 146 million.  However, the $59 figure remains a hardware-dependent estimate based on simulated GPU workloads rather than a completed production transaction. Bitcoin network fees are separate, while some computing stages still rely on provisional assumptions.  StarkWare said the improvements make its proposed emergency protection method considerably cheaper to

12 گھنٹے پہلےانڈسٹری

Why the UK May Keep £3.8 Billion Bitcoin Funded by Chinese Fraud Victims

Chinese fraud victims still owed about £600 million may miss out on gains from a UK Bitcoin (BTC) haul worth £3.8 Billion (or $5 billion). A London judge ruled Chinese law, not English law, governs their claims to the 61,000 coins.  The ruling does not settle who owns the coins. It decides which law applies, and what Chinese law allows has not yet been tested in court.  Why Does Chinese Law Hurt the Victims Claim?  Mr Justice Turner ruled on October 12 in the High Court, which hears major civil cases in England and Wales. The victims are claiming under the Proceeds of Crime Act 2002, the UK law used to take back criminal assets.  Sponsored  Sponsored  Under that law, each victim must prove the coins are their property. The judgment states that being owed money, as a creditor, is not enough.  English law could have offered a route, because its trust rules can follow stolen money into assets it later bought. The judge, however, found the sales pitch, the payments, and the coin purchases all happened in China.  “Those dealings were overwhelmingly centred in China,” Judge Turner stated.  How Much Did Victims Lose, and Who Keeps the Rest?  Court records show the scheme raised about 40.2 billion yuan (£4.1

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Goldman Crushes Estimates, JPMorgan Misses: What Do Bank Earnings Mean for Stocks?

Goldman Sachs beat profit forecasts by 30% on Tuesday as its stock-trading revenue jumped 72%. JPMorgan Chase, the largest US bank, missed on both profit and revenue.  Bank results act as an early health check on the economy. This batch landed with bond yields near a 24-year high, a month after the Federal Reserve raised rates for the first time since 2023.  Sponsored  Sponsored  Big Banks Earning Recap  Goldman earned $17.01 per share, well above the $13.09 analysts expected. Net revenue rose 23% to $18.68 billion, according to its filing.  Its equities desk, which trades stocks for hedge funds and other large clients, brought in $6.44 billion. Bond trading was flat.  JPMorgans results, meanwhile, told a different story. Excluding a $658 million securities loss, it earned $5.75 per share, short of the $5.92 Bloomberg consensus.  Its fixed-income desk, which trades bonds, currencies, and commodities, saw revenue fall 4% to $5.4 billion. Shares slid about 3% before the opening bell, Reuters reported.  Wells Fargo earned $1.87 per share, edging past estimates. However, revenue of $21.87 billion missed forecasts by 2.1%, StockStory data show.  Its net interest income, the gap between what it earns on loans and pays on deposits, also fell short at $12.52 billion.  Sponsored  Sponsored  Citigroup, the last of the four to

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Trezor Wallet Takes Drastic Supply-Chain Action To Increase Security

Trezor, a major crypto hardware wallet maker, is cutting the number of shops allowed to sell its devices.   The decision comes after a third-party retailer of Ledger wallets reportedly contained spyware to steal users crypto.  Sponsored  Sponsored  Ledger Security Incident Shakes the Crypto Wallet Industry  Rival wallet maker Ledger confirmed that a device sold through CryptoBilis, a Southeast Asian reseller, carried a hidden implant.  According to Ledger‘s security team, the implant reads the 24-word recovery phrase off the screen during setup. That phrase is the master key to a wallet. The chip then sends it out over a cellular connection, per the company’s latest implant update.  On-chain researchers at Bitquery estimate suspected losses above $93 million. Ledger has not confirmed a total.  Ledger ties every confirmed case to CryptoBilis. Meanwhile, users claim tampered devices reached Europe, which Ledger has not confirmed.  Sponsored  Sponsored  Are Trezor Wallet Devices Safe?  Trezor did not name Ledger. Instead, its letter to dropped partners cited a recent supply-chain attack on “another hardware wallet brand.” The company was firm about its own products.  “Let us be very clear: there is not a single piece of evidence that Trezor devices have been compromised,” the team stated.  Chief Commercial Officer Danny Sanders wrote that affected resellers lose their authorization on January

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