Articles by Khal
Latest from Khal
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Anthropic adds usage details and customization to Claude iOS app
Anthropic rolled out two new interface elements to its Claude iOS app: a usage details button that surfaces Claude Code allocation consumption for Pro and Max subscribers, and a customization section giving users more control over their mobile coding environment.
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Solana ranks fourth in Zcash spot trading with $64M in 24 hours
Solana ranked fourth globally for Zcash spot volume with $64 million in trades over 24 hours, a 220% jump from prior metrics. The surge highlights DeFi's liquidity growth but underscores cross-chain bridge risks that have historically been the largest attack vector in decentralized finance.
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Bitcoin Miners Halt Sales After $30B AI Infrastructure Pivot
Major Bitcoin miners have stopped selling mined coins and shifted to holding mode after redirecting over $30 billion toward AI infrastructure, creating a supply squeeze on exchanges and signaling a structural shift in miner behavior.
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Bitcoin drops 2% as $80K resistance holds on Labor Day lull
Bitcoin fell 2% in thin Monday trading as the US Labor Day holiday erased weekend gains and left the $80,000 level once again out of reach, though bulls held most of the month's 25% rally.
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Chainlink Hits Eight-Month High on Bottomline SWIFT Partnership
Chainlink's LINK token surged 6.8% to $13.64 on Monday, its highest level since January, after the decentralized oracle network announced a partnership with Bottomline, a top-three SWIFT services provider serving 1,200 financial institutions worldwide.
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EIP-8141 Frames: Pay Ethereum Gas in Any Token or Get Sponsored
EIP-8141, a draft proposal since January, would allow Ethereum users to pay transaction fees in alternative tokens or have applications sponsor them entirely, while also preparing the network for post-quantum cryptography.
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SK Hynix accelerates 1c DRAM ramp, targets 34% production share by Q4 2026
SK Hynix is ramping production of 1c DRAM technology from 13% of its mix in Q2 2026 to a projected 34% by Q4 2026, positioning itself ahead of Samsung and laying groundwork for mass-production HBM4E in 2027.
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MiniCPM5-2B tops sub-4B open models on Artificial Analysis Index v4.2
OpenBMB's MiniCPM5-2B, a 2-billion-parameter model built with Tsinghua University, claimed the top spot among open models under 4 billion parameters on Artificial Analysis Intelligence Index v4.2, signaling a shift toward efficient AI for edge devices.
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Ethereum prototype cuts blob-recovery computing load by 11–18×
An Ethereum prototype dividing blob-recovery duties among nodes showed an 11–18× reduction in reconstruction computing work in 1,000-node simulations, offering a simpler path to ease layer-2 scaling strain without full RowDAS complexity.
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Liquid Bitcoin sidechain halted after $320M withdrawal; Citi, DBS tokenize payment
Bitcoin sidechain Liquid halted operations after actors claiming to be white-hat hackers withdrew $320 million in Bitcoin, while Citi and DBS completed a tokenized cross-border payment in minutes—and Chilean exchange Orionx shut down after losing $7 million in customer funds.
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Real Madrid faces selection crisis ahead of Champions League opener against Inter Milan
José Mourinho inherits a squad ravaged by injury and suspension as Real Madrid prepares to face Inter Milan on September 8, with ten players unavailable and Jude Bellingham potentially repositioned to midfield.
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IQE CEO warns of indium phosphide supply crisis from China export controls
IQE's CEO flagged a critical shortage in indium phosphide, a key semiconductor material for AI data centers, after China restricted exports in February 2025. Prices have surged 250% and supply-demand gaps could exceed 30%.
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Houthi strikes on Saudi Aramco refinery deepen geopolitical risk to global oil supply
Houthi forces struck Saudi Aramco's Jazan refinery on August 9, marking the latest in a series of 2026 attacks on critical Saudi energy sites. While no casualties were reported and the blaze was contained, the repeated strikes introduce persistent risk premiums into crude pricing and heighten concerns over global oil stability.
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Coldcard Hacker Moves $7.7M Bitcoin, Empties Vaults Systematically
The attacker behind Coldcard's third-wave thefts moved 97.09 BTC (roughly $7.7 million) this week, working through 293 vaults in order of size with eleven now empty. The exploit traces to a March 2021 firmware bug that weakened key generation from 128 bits to as low as 40 bits of entropy.
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Belgium Withdraws Support for Infantino's FIFA Re-Election Bid
The Royal Belgian Football Association formally withdrew its support for Gianni Infantino's re-election as FIFA president on September 7, citing unresolved grievances over a controversial red card decision involving US striker Folarin Balogun during the 2026 World Cup.
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BSP proposes 12-month freeze on payment operator registrations
The Bangko Sentral ng Pilipinas proposed suspending new payment-system operator registrations for 12 months while implementing stricter controls on arrangements involving virtual asset service providers, requiring enhanced due diligence and transaction limits.
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Blockstream's Liquid Loses $320M Bitcoin to White-Hat Hackers
Approximately $320 million in Bitcoin was withdrawn from Blockstream's Liquid sidechain following a bug in Elements software. The party responsible claims to be white-hat hackers and has exchanged PGP-signed messages with Blockstream through Bitcoin transactions, offering to return most funds if the company patches the vulnerability first.
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Canada backs US-led push to reopen Strait of Hormuz, sanctions Iran
Canada formally backed a US, French, and British campaign to reopen the Strait of Hormuz on Sunday, targeting five additional Iranian individuals for sanctions while signaling logistical support conditional on a ceasefire. The strait handles roughly 20% of global oil supply, making reopening critical for energy markets.
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Capital B acquires 376 BTC for $29M, largest purchase in a year
French bitcoin treasury firm Capital B spent €25.3 million ($29.4 million) on 376 BTC, marking its biggest annual purchase and bringing total holdings to 3,521 BTC, funded by recent capital raises including a €28.7 million private placement.
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China's gold reserves hit $350B as PBOC extends 21-month buying streak
China's central bank reported gold reserves valued at $350.08 billion at the end of August, marking a significant jump from $306.35 billion in July. The PBOC has maintained 21 consecutive months of gold purchases, the longest streak on record, as Beijing diversifies away from dollar-denominated assets amid geopolitical tensions.
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Fomo overtakes Pump.fun in daily revenue on Solana
Fomo, a social trading platform, generated $1.76 million in daily revenue on Friday, surpassing Pump.fun's $1.1 million. Over 30 days, Pump.fun remains ahead with $57 million versus Fomo's $17.6 million.
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Software bug drains 3,996 BTC from Liquid Network federation reserves
A bug in Blockstream's Elements node software caused nearly $320 million in Bitcoin to leave Liquid's federation reserves on September 6. The remaining buffer is now too thin to safely reopen peg-outs without risking a peg discount.
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China tobacco monopoly injects CNY 60 billion into ICBC, ABC
China National Tobacco Corporation is investing CNY 60 billion into Industrial and Commercial Bank of China and Agricultural Bank of China as part of a CNY 260 billion capital raise announced September 6, underscoring Beijing's reliance on profitable state monopolies to shore up financial institutions.
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ECB to raise rates in September as eurozone inflation stays above 2% target
The European Central Bank plans a second rate hike for 2026 in September, pushing its deposit facility rate to 2.50%, as eurozone inflation remains stubbornly at 3.0%—a full percentage point above its target.