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Crypto

Coinbase moves 1.163 trillion Shiba Inu tokens in 30 minutes; who is behind the large transfer?

Coinbase moved 1,163,213,299,134 Shiba Inu (SHIB) tokens in three transfers over about 30 minutes, a report said. On-chain data firm Arkham Intelligence identified the tokens being distributed to three new wallets from Coinbase Prime Custody addresses. Analysts viewed the movements as internal transfers rather than market buying or selling. No further withdrawals or transactions were detected from the new wallets as of publication, the report said.

Crypto

S&P, Pantera launch new crypto index; why Bitcoin and XRP are excluded

S&P Dow Jones Indices has launched an institutional cryptocurrency index with Pantera Capital that selects constituents based on protocol revenue rather than market value. The S&P Pantera Digital Asset Index includes 18 digital assets such as Ethereum, BNB, Solana, Tron and Hyperliquid. Bitcoin and XRP were excluded because they do not meet the index’s protocol revenue requirement. The methodology also excludes staking rewards and investment returns.

AI & Enterprise

Black Forest Labs unveils Flux 3, eyes robotics beyond video generation

Black Forest Labs has unveiled Flux 3, its first video-generation AI model that can create video and audio at the same time. The multimodal model can generate up to 20 seconds of video along with dialogue, sound effects and background music. The company said Flux 3 extends beyond content creation toward “Physical AI” and robot control via Flux-mimic, developed with Zurich-based Mimic Robotics. Audi is testing the technology on a production line.