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Crypto
VanEck says bitcoin could reach $1 million by 2031
VanEck said bitcoin could reach $1 million per coin within the next few years, around five years. Matthew Sigel, head of digital assets research at VanEck, told CNBC that the firm’s base case is a long-term rise, though the asset can be highly cyclical and volatile. He compared its adoption to the video game industry and cited broadening demand across age groups and central bank purchases for reserves.
AI & Enterprise
AI coding tool could accelerate supply chain security threats
A vulnerability has been found that could allow supply chain attacks by abusing automation features in the AI coding tool Claude Code, SecurityWeek reported on May 7. Adversa.AI researchers said attackers could upload a GitHub repository containing hidden malware that Claude Code may automatically download. If a developer accepts a default trust prompt, malicious code could run with administrator privileges, enabling remote control. Risks rise in CI/CD pipelines, they said.
AI & Enterprise
Daemon Tools official website distributed malicious installers undetected for a month
A supply-chain attack distributed trojanised installers from the official website of virtual drive utility Daemon Tools. Kaspersky’s Global Research and Analysis Team said the malicious installers were distributed directly via Daemon Tools’ official vendor website from May 8 local time and went undetected for about a month. Affected versions ranged from 12.5.0.2421 to 12.5.0.2434. Kaspersky recorded thousands of infection attempts in more than 100 countries.
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Crypto
Bitcoin dominance rises above 61 percent as altcoin trading picks up
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Crypto
XRP seen with long-term market cap of $400 billion to $500 billion
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Crypto
Bitcoin faces test above $85,000 as key indicators emerge
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Telecommunications & Media
SKT posts Q1 operating profit of 537.6 billion won on AI data centres, wireless recovery
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AI & Enterprise
South Korea mandates management of national research data, aiming to boost AI training and follow-on research
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Crypto
Bitcoin faces test at $84,000 after rebound; failure could sink to $50,000
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Crypto
Asia drives bitcoin rebound; which hours and days deliver best returns
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AI & Enterprise
AI data centre special act passes National Assembly, expected to boost AI infrastructure rollout
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Crypto
Aptos to invest $50 million to expand AI-based financial infrastructure
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People & Appointments
Ryu Je-myeong discusses AI cooperation with Kenya and Kosovo
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Telecommunications & Media
TVING posts 19.2 billion won Q1 operating loss, down 6.5 billion won year-on-year
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Crypto
Jito, Solana Company partner to build Solana validator servers in Hong Kong, Singapore, Japan and South Korea
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Finance
Public growth fund sales to start on May 22, backing unlisted firms and tech-special Kosdaq listings
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Crypto
Morgan Stanley pilots spot cryptocurrency trading on E*Trade
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Crypto
‘Q-Day’ may arrive by 2030, putting 6.9 million bitcoin at risk