🚀 Google's Quantum AI Team Highlights Cryptography Vulnerability in Bitcoin and Ethereum

Google's Quantum AI team has released a new whitepaper indicating that breaking the cryptography used by Bitcoin and Ethereum may require fewer than 500,000 physical qubits, a figure significantly lower than the millions often cited in recent years. According to NS3.AI, Google researchers suggest that a prepared attacker could complete the final step in approximately nine minutes after a Bitcoin public key appears in a live transaction, compared to the roughly 10 minutes needed for confirmation.

The researchers also pointed out that Taproot, a Bitcoin upgrade, may increase exposure because it makes public keys visible by default. The paper estimates that approximately 6.9 million Bitcoin are stored in wallets with exposed public keys, potentially heightening vulnerability to quantum attacks.

#Google #QuantumAI #Cryptography #Bitcoin #Ethereum #QuantumComputing #Taproot #Cybersecurity #Blockchain #CryptoSecurity #BTC #ETH

🚀 U.S. Federal Prosecutors Investigate Potential Insider Trading in Prediction Markets

Federal prosecutors in Manhattan are investigating whether certain high-yield bets in prediction markets violate insider trading and other laws. According to BlockBeats, CNN reported that multiple sources have indicated that the U.S. Attorney's Office for the Southern District of New York, specifically the head of the Securities and Commodities Fraud Task Force, has recently met with representatives from Polymarket to discuss the application of existing laws to potential misconduct in this rapidly evolving industry.

The U.S. Department of Justice is focusing on these notable high-yield bets, signaling an increase in regulatory scrutiny of the sector. Over the past year, the prediction market industry has expanded rapidly under relatively limited federal oversight.

#InsiderTrading #PredictionMarkets #USFederalProsecutors #SecuritiesFraud #RegulatoryScrutiny #Polymarket #HighYieldBets #DepartmentOfJustice #MarketMisconduct #FederalInvestigation

🚀 Wall Street Sentiment Turns Bearish as Fear and Greed Index Hits Low

CNN's Fear and Greed Index has dropped to 9, marking its lowest point since November. According to NS3.AI, this decline reflects a growing bearish sentiment on Wall Street. The Kobeissi Letter reports that the median short interest in Russell 3000 stocks has climbed to 4.3%, the highest level observed in 15 years. This data suggests increased caution among investors as market uncertainty persists.

#WallStreet #FearAndGreedIndex #BearishSentiment #StockMarket #Russell3000 #ShortInterest #InvestorCaution #MarketUncertainty

🚀 Saudi Arabia's Foreign Direct Investment Reaches 48.4 Billion Riyals in Q4

According to Jin10, official data reveals that Saudi Arabia's net inflow of foreign direct investment reached 48.4 billion riyals in the fourth quarter of last year. During the same period, the unemployment rate in Saudi Arabia stood at 7.2%.

#SaudiArabia #ForeignDirectInvestment #Q4 #48.4BillionRiyals #UnemploymentRate #7.2%

🚀 Ant Group Completes Acquisition of Hong Kong Stablecoin Concept Stock

Ant Group has finalized its acquisition of a 50.55% stake in Hong Kong stablecoin concept stock, Bright Smart Securities, for HKD 2.814 billion, according to a Hong Kong Stock Exchange announcement. According to Foresight News, the board of Bright Smart Securities has undergone a complete reorganization. New executive directors include Zheng Yanlan, head of the overseas business preparation group of Ant Wealth, a division of Ant Group; Huang Hao, a senior vice president at Ant Group; and Liu Zheng, the chief financial officer of Ant Group.

Previously, Foresight News reported that Ant Group had announced a delay in the acquisition of Bright Smart Securities until November 2025.

#AntGroup #HongKong #Stablecoin #Acquisition #Finance #StockMarket #Investment #Cryptocurrency #BrightSmartSecurities #HKD

🚀 Google Plans Post-Quantum Cryptography Transition by 2029

Google has announced its intention to complete the transition to post-quantum cryptography (PQC) by 2029. According to Foresight News, this move aims to address the potential threats posed by future quantum computers to current encryption standards.

Google highlighted that quantum computers could significantly undermine existing encryption methods, particularly affecting encryption and digital signatures. The threat to encryption is already evident through attacks such as 'store now, decrypt later,' while digital signatures face future risks that need to be addressed before the deployment of cryptography-related quantum computers (CRQC).

In response, Google has adjusted its threat model to prioritize the migration of authentication services to PQC. The company recommends that other engineering teams adopt similar strategies to safeguard against these emerging threats.

#Google #PostQuantumCryptography #PQC #QuantumComputers #Encryption #DigitalSignatures #Cryptography #QuantumThreats #Authentication #Cybersecurity

🚀 UK Business Investment Growth Revised Upward for Q4

The UK's business investment growth for the fourth quarter has been revised, according to Jin10. The annual rate now stands at 3.5%, up from the previously reported 2.00%. This adjustment aligns with expectations, which were set at 2%. The revision indicates a stronger performance in business investments than initially anticipated, reflecting potential positive impacts on the UK's economic landscape.

#UK #BusinessInvestment #EconomicGrowth #Q4 #InvestmentRevision #UKEconomy

🚀 UK Current Account Deficit Narrows in Fourth Quarter

The United Kingdom's current account deficit for the fourth quarter was reported at £18.392 billion, according to Jin10. This figure is better than the anticipated £23.4 billion deficit. The previous quarter's deficit was revised from £12.1 billion to £10.689 billion.

#UK #CurrentAccountDeficit #FourthQuarter #Economy #Finance #Jin10

🚀 Germany's February Retail Sales Decline by 0.6%, Missing Expectations

Germany's retail sales in February fell by 0.6%, contrary to the expected growth of 0.2%, according to Jin10. The previous month's retail sales had also decreased by 0.9%, indicating a continued downward trend in consumer spending. This unexpected decline raises concerns about the strength of Germany's consumer market and its potential impact on the broader economy.

#Germany #RetailSales #February #EconomicDecline #ConsumerSpending #Jin10 #EconomicImpact

🚀 Germany's February Import Price Index Rises by 0.3%, Below Expectations

Germany's import price index for February increased by 0.3%, falling short of the anticipated 0.8%, according to Jin10. The previous month's figure was recorded at 1.10%. This data reflects a slower growth in import prices than expected, which could have implications for the country's economic outlook and inflationary pressures.

#Germany #ImportPriceIndex #February #EconomicOutlook #Inflation

🚀 UK GDP Growth Remains Steady in Q4

The United Kingdom's GDP growth for the fourth quarter has been confirmed at 0.1%, meeting expectations, according to Jin10. This figure remains unchanged from the previous quarter's growth rate of 0.10%. The steady growth indicates a stable economic environment as the country navigates ongoing global economic challenges.

#UKGDP #EconomicGrowth #Q4 #SteadyGrowth #GlobalEconomy #UKEconomy

🚀 Singapore Faces Rising Electricity Prices Amid Global Energy Supply Strain

Singapore is expected to experience an increase in electricity prices in the coming months due to the ongoing US-Israeli conflict with Iran, which is impacting global energy supplies. Bloomberg posted on X that authorities have issued warnings about the potential for higher costs as the geopolitical tensions continue to affect the availability of energy resources worldwide. The situation underscores the interconnected nature of global energy markets and the potential for regional conflicts to have far-reaching economic consequences.

#Singapore #ElectricityPrices #GlobalEnergy #USIsraeliConflict #Iran #GeopoliticalTensions #EnergySupply #EnergyMarkets

🚀 Dubai Introduces Regulatory Framework for Crypto Derivatives Trading

Dubai's Virtual Assets Regulatory Authority has unveiled a formal regulatory framework for cryptocurrency exchange-traded derivatives. According to Foresight News, the new regulations permit retail customers to engage in trading following a suitability assessment. The framework addresses requirements such as customer suitability, leverage and margin controls, asset segregation, disclosure standards, and regulatory intervention powers. Retail investors are subject to a leverage cap of five times, and exchanges must restrict access to products deemed unsuitable for specific customer groups.

VARA stated that during periods of market stress or trading disorder, regulators have the authority to intervene, including suspending products, mandating position closures, and increasing margin requirements. In emergencies, immediate action may be required without prior notice.

#Dubai #VirtualAssetsRegulatoryAuthority #cryptocurrency #derivatives #trading #regulations #retailcustomers #leverage #margincontrols #assets #suitabilityassessment #marketstress #regulatoryintervention #cryptocurrencytrading

🚀 UK House Prices Unexpectedly Surge Amid Early Iran Conflict

UK house prices saw an unexpected rise in March, according to data from one of Britain's largest mortgage lenders. Despite the onset of the Iran conflict, demand appeared resilient, with the average house value increasing by 0.9% to £277,186, surpassing the previous month's 0.3% rise. This marks the largest increase since December 2024, defying economists' expectations of stability. According to Jin10, the report provides an early snapshot of UK housing demand following the February 28th Israeli attack on Iran. The conflict has raised borrowing costs and caused global market turbulence, yet buyers showed strong resilience initially. On an annual basis, house prices rose by 2.2%. Private sector data indicates that despite weak official figures in January, particularly in London, the UK real estate market started the year positively. The Bank of England reported that housing loans grew in February for the first time in five months.

#UKHousePrices #HousingMarket #IranConflict #RealEstate #Mortgage #UKEconomy #HousePriceSurge #BankOfEngland #PropertyMarket #MarketResilience

🚀 Alipay Introduces China's First Payment Integration Skill

Alipay has launched China's first Payment Integration Skill, which standardizes its core payment capabilities into modular components. According to NS3.AI, this initiative aims to streamline the integration process for developers. Additionally, Alipay has enhanced its Sandbox Environment, allowing developers to conduct comprehensive payment tests without the use of real funds.

#Alipay #PaymentIntegration #China #FinTech #Developers #SandboxEnvironment #DigitalPayments

🚀 Goldman Sachs Maintains Bullish Outlook on Gold Despite Recent Sell-Off

Goldman Sachs has maintained its optimistic stance on gold, predicting a resurgence in prices by the end of 2026, according to Jin10. Analysts Lina Thomas and Daan Struyven highlighted that the medium-term outlook for gold remains robust. They attribute this to continued gold purchases by central banks and the expectation of two more interest rate cuts in the U.S. this year, which could push gold prices to $5,400 per ounce.

However, the analysts warned of short-term 'tactical downside risks' for gold prices, particularly if energy supply shocks worsen, potentially driving prices down to $3,800 per ounce. Despite these risks, they noted that geopolitical tensions, such as a potential war involving Iran, could lead countries to diversify away from 'traditional Western assets,' thereby increasing gold's upward potential.

The report also addressed concerns about some central banks possibly selling gold to support their currencies, suggesting that such fears are unlikely to materialize. Instead, Gulf countries are more inclined to intervene by reducing their holdings of U.S. Treasury bonds. Assuming no additional private sector investment, the analysts expect medium-term price volatility to moderate, allowing the pace of official sector gold purchases to accelerate again, with an average monthly purchase of about 60 tons.

#Gold #GoldPrices #GoldOutlook #GoldInvestment #CentralBanks #InterestRates #Geopolitics #MarketVolatility #GoldDemand #BullishOutlook

🚀 U.S. President Trump's Approval Rating Hits New Low in Recent Poll

A recent poll conducted by the University of Massachusetts Amherst reveals a significant decline in U.S. President Donald Trump's approval ratings. According to Odaily, the survey indicates that only 33% of respondents approve of Trump's performance, marking a new low. Furthermore, the poll highlights that fewer participants support his administration's actions regarding the conflict with Iran. Among the 62% who disapprove of his job performance, 53% express strong disapproval.

#Trump #USPolitics #ApprovalRating #Poll #IranConflict #Disapproval

🚀 Foreign Investors Record Historic Net Sell-off in South Korean Stocks in March

Foreign investors sold a record 35.9 trillion Korean won worth of South Korean stocks in March, marking the largest monthly net sell-off in history. According to Jin10, this unprecedented divestment reflects growing concerns over market volatility and geopolitical tensions affecting investor sentiment. Analysts suggest that the sell-off could have significant implications for South Korea's financial markets, potentially influencing stock prices and capital flows in the coming months.

#ForeignInvestors #SouthKorea #StockMarket #SellOff #MarketVolatility #GeopoliticalTensions #FinancialMarkets #CapitalFlows

🚀 Whale Resumes Long Position on CL with Significant Holdings

A major investor has reopened a long position on CL, holding 109,646 shares valued at $11.25 million, according to PANews. The leverage used for this position is one-fold. Previously, this investor executed two long trades on CL, earning a profit of $1.75 million.

#Whale #LongPosition #CL #Investor #Shares #PANews #Leverage #Profit

🚀 PRECIOUS METALS | Analyst Predicts Strengthening Bullish Momentum for Gold Futures

Gold futures on the New York Commodity Exchange are experiencing a surge in bullish momentum, according to Jin10. RHB Research analyst Joseph Chai noted in his report that the price of gold recently broke through the resistance level of $4,500 per ounce. Chai highlighted that the bulls are now targeting the next resistance level. However, he cautioned that gold prices might face strong selling pressure near the 20-day simple moving average (SMA), which is currently in a downtrend. Data from the London Stock Exchange Group indicates that the 20-day SMA is approximately $4,815.63 per ounce.

#Gold #PreciousMetals #BullishMomentum #GoldFutures #CommodityTrading #MarketAnalysis #SMA #ResistanceLevel

🚀 STOCKS | Australian Stocks Edge Higher Amid Investor Buying, Despite Middle East Conflict Concerns

Australian stocks saw a slight increase on Tuesday as investors bought at lower levels, according to Jin10. However, concerns over inflation risks from the expanding Middle East conflict, weak demand, and rising borrowing costs led to the largest monthly decline since June 2022. The S&P/ASX200 index fell 7.8% in March, with energy stocks being the only major sub-index to rise, driven by higher oil prices, marking an 18.5% increase and the best performance since April 2020.

Swap contracts indicate a 58% probability of a rate hike by the Reserve Bank of Australia in May, with an implied 60 basis points of rate hikes remaining for 2026. Luke Winchester, a portfolio manager at Merewether Capital, noted that the market is currently betting on a quick resolution to the Middle East conflict. He agrees with experts who believe the situation could worsen if it is not resolved swiftly, suggesting that rate hikes would only exacerbate the pain in such a scenario.

#AustralianStocks #ASX200 #Investing #MiddleEastConflict #Inflation #EnergyStocks #OilPrices #RBA #InterestRates #MarketTrends