A dormant Ethereum ICO wallet, inactive for over a decade, has transferred 100.27 ETH to a new wallet address. According to Foresight News, the wallet initially acquired 401.1 ETH for just $125, which is now valued at approximately $834,000.

Goldman Sachs has increased its target for South Korea's KOSPI index from 6,500 points to 7,000 points, citing the continued strength in memory chip prices. According to Jin10, strategists including Timothy Moe suggest that the recent market pullback is a correction, and after a period of consolidation, the index is likely to rebound and reach new highs. Goldman Sachs has also raised its 2026 earnings forecast for South Korea from 120% to 130%, marking the third upward revision this year.

South Korean President Lee Jae-myung has issued a stern warning to oil refining companies, accusing them of potentially colluding to inflate oil prices. According to Jin10, President Lee emphasized that price collusion is a serious crime that harms public interest. He stated that those involved will soon realize the severe consequences of their actions.

Anthropic is facing a potential legal confrontation with the U.S. Defense Department over disagreements regarding AI safeguards. Bloomberg posted on X, highlighting that the company is threatened with blacklisting due to the ongoing dispute. The conflict centers around the implementation and adequacy of safety measures in AI technologies, which the Defense Department deems insufficient. As tensions rise, both parties are preparing for a possible court case to resolve the matter. The outcome of this legal battle could have significant implications for the future of AI regulation and industry standards.

U.S. SEC Chairman Paul Atkins expressed his eagerness to collaborate with the CFTC chairman to promote the CLARITY Act, aiming to enhance regulatory transparency in the digital sector. According to NS3.AI, Atkins shared his views in a post on X, agreeing with U.S. President Donald Trump that the United States requires clear regulatory guidelines for the digital sector, which encompasses digital assets and digital finance.

Culper Research has announced on X that it has initiated short positions in Ethereum and associated securities, such as BMNR. According to NS3.AI, the firm considers these assets to be overvalued and anticipates benefiting from potential price declines.

Investment institution ParaFi Capital is reportedly involved in swapping approximately $5.38 million worth of AAVE for SKY tokens over the past three days. According to NS3.AI, monitoring data has identified these suspected token swaps during this period. The activity has raised questions about the strategic intentions behind these transactions and their potential impact on the market. Observers are closely watching for any further developments or announcements from ParaFi Capital regarding this move.

Behind Kraken Financial's approval to open a master account with the Federal Reserve lies the collective fear of traditional banks, the Federal Reserve's perilous tightrope walk, the life-or-death battle between the two stablecoin giants, and the frenzy of trillions of Wall Street capital.

China's latest annual government work report indicates a shift in the nation's growth ambitions, suggesting a more measured approach to economic targets. Bloomberg posted on X, highlighting that while the leadership may have set less ambitious goals for this year, there is a growing confidence in achieving these revised targets. The report reflects a strategic adjustment in response to current economic conditions, aiming to balance growth with stability. This development comes as China navigates a complex global economic landscape, seeking to maintain momentum while addressing internal and external challenges.

Quantum computing company PsiQuantum has begun construction on a million-qubit quantum computing facility in Chicago. PsiQuantum co-founder Peter Shadbolt shared photos of the construction site on the X platform on Thursday, stating that 500 tons of steel had been erected in six days. The company previously announced in September that it had raised $1 billion to build the facility in partnership with chipmaker Nvidia, aiming to make quantum computing commercially viable to support next-generation AI supercomputers. Scientists say that the computing power of a million qubits is equivalent to tens of billions of ordinary computers, enough to crack Bitcoin's encryption. Bitcoin developers are currently discussing whether to take immediate action against the quantum threat through a hard fork. A preprint scientific paper published last month suggests that cracking a 2048-bit key would require approximately 100,000 qubits, while Bitcoin encryption uses a 256-bit key. The largest quantum computer currently in use is at Caltech, with 6100 qubits. PsiQuantum co-founder Terry Rudolph stated in July that the company has no plans to use quantum computers to derive private keys from public keys. A study by crypto asset management firm CoinShares in February of this year indicated that only 10,230 bitcoins simultaneously possess quantum fragility and have publicly visible encryption keys for their wallet addresses, worth approximately $728 million at current market prices.

null source: https://x.com/CoinMarketCap/status/2029727293443076367

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