Top Trending Technology News & Highlights
As competition intensifies, Anthropic updates its AI safety pledge. What is stated in the new policy?
Anthropic has updated its safety guidelines to better reflect the current global regulatory framework that places a higher priority on the development and competitiveness of AI. The Claude maker stated in a revised version of its Responsible Scaling Policy (RSP), a voluntary framework that Anthropic uses to address catastrophic risks from AI systems, that it would not cease developing an AI model that was deemed dangerous if a competitor had already released a model that was comparable or better.This is a change from its RSP from two years ago, which said Anthropic would postpone potentially hazardous AI development. Anthropic stated in a blog post on Tuesday, February 24 that the change in its safety policy was brought about by the rapid advancement of AI and the absence of government agreement on AI rules. Given that Anthropic has been repeatedly referred to as one of the most safety-conscious companies in the AI industry, the revised policy represents a significant change. But the AI startup has also faced fierce competition from rivals like Google, OpenAI, and Elon Musk's xAI, which frequently release state-of-the-art tools."We anticipated that the announcement of our RSP would inspire other AI firms to implement comparable regulations." We anticipated that RSPs or comparable regulations would eventually become voluntary industry standards or influence AI legislation meant to promote safety and openness in AI model development, according to Anthropic. It further stated that "some parts of this theory of change have played out as we hoped, but others have not," based on its evaluation of the earlier RSPs.
Published 25 Feb 2026 05:53 PM
How CTV can prevent repeating the ad errors of linear TV for living room monetization
Connected TV live sports are about to enter a crucial period of recalibration. The medium is plagued by an old broadcast reflex: more advertisements equal more money, despite its promises of scale, accuracy, and living-room supremacy. A fundamental concern for the ecosystem is raised by the growing need to profit from every stop as live matches draw enormous concurrent audiences. To what extent can ad loads be increased before fandom becomes transactional and viewer immersion breaks down? Tolerance is a delicate currency in an environment where control and choice are paramount. This unique research explores what sustainability actually means during live sports by bringing together voices from the CTV, ad-tech, platform, and agency sectors. Beyond simple inventory counts, topics like experience design, temporal intelligence, creative ecosystems, and attention economics are covered. The emphasis is on creating a model where monetization does not come at the expense of loyalty, taking into account factors like the unpredictable nature of live broadcasts and the potential to increase interaction after the final whistle. The fundamental conflict is obvious: how well the ecosystem learns to use the screen, rather than how much advertising it can accommodate, will determine the direction of CTV sports in the future.
Published 24 Feb 2026 05:42 PM
According to sources, India orders a university to withdraw from the AI summit after introducing a Chinese robot as its own.
According to two government sources, an Indian university was forced to leave its booth at the nation's premier AI event after a staff member was seen passing off a commercially available robotic dog manufactured in China as the institution's own.Orion needs to meet you. This was created by Galgotias University's Centre of Excellence," communications professor Neha Singh said this week on state-run channel DD News in comments that have since gone viral.NEW DELHI (AP) — After one of its employees showed off a commercially available robotic dog manufactured in China and claimed it was the institution's own invention, a private Indian university was expelled from a major artificial intelligence symposium in New Delhi on Wednesday. Two government sources claim that a day after Neha Singh, a communications professor at Galgotias University, told state-run broadcaster DD News that the robotic dog Orion was created by the university's Center of Excellence, the university was directed to remove its booth at the summit. However, internet users soon recognized the robot as the Unitree Go2, which is used extensively in research and education and is marketed by China's Unitree Robotics. It starts at $1,600. Singh told reporters on Wednesday that she had never stated outright that the dog was an exhibit rather than the university's original creation.The two government officials, who spoke on condition of anonymity because they were not permitted to address the media, said the event was an embarrassment for the host nation, India. But according to a statement from Galgotias, the university was "deeply pained" and called the occurrence a "propaganda campaign" that might spread negativity and lower the spirits of students who are trying to use global technology to innovate, learn, and develop their talents.
Published 18 Feb 2026 06:06 PM
Review of the Poco M8 5G: The reliable daily driver for less than Rs 20,000
In the sea of bulky phones, a slimmer, shinier phone appears to be the ultimate choice. I have tried all kinds of devices in the last few years, but I have grown to like smartphones that are nimble yet easy on the eyes.The newest model in Poco's M series, the Poco M8 5G, has been introduced in India. This time, the company is aiming for the Rs 20,000 price range, which is a significant price increase given that the M7 was originally priced at Rs 9,999. However, Poco asserts that the M8 can outperform even last year's M7 Pro. On paper, the Poco M8 5G has some significant enhancements in every area, including the design, chipset, and display.
Published 18 Feb 2026 05:49 PM
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21st century is dedicated to the Technology and technology is dominating everywhere and every part of the world and almost all the industries are now a days is technology dependent or they need technology help to drive more scale and deliveries.
The closest thing I can come to owning a Leica is the Xiaomi 15 Ultra, which I utilized as a camera.
Would you purchase a smartphone merely for its camera function? It's certain that many individuals do, particularly with regard to the flagship models from Samsung and Apple. Additionally, Xiaomi thinks it has a decent possibility of thriving in this market, just like a few other businesses. Despite being a flagship device in every way, the Xiaomi 15 Ultra may be attempting to pass itself off as a camera for artists with a lot of features. It's an intriguing idea, and I couldn't help but be tempted to look at this smartphone just to see how it looked from the camera.With its dual-tone silver and matte black rear finish and Leica branding, the Xiaomi 15 Ultra is one of the most fashionable phones I've seen recently. In some respects, it looks like a vintage camera. The phone's camera is further highlighted by the oversized camera bezel and the rectangular main lens inside. There is a physical SIM tray at the bottom, and the power button and volume rocker are on the right side. Although it's one of the heavier phones I've used, it has a nice grip. Additionally, you can never lay the phone flat due to the large bulge of the camera module.In my opinion, this phone's true beauty lies in its included accessories, particularly the photography package, which comes with a gorgeous red metal back cover, an attachable camera grip with zoom and mode settings, and an extra battery.In addition to being more expensive, this unit offers a lot more, not to mention its ability to turn heads. I adored how the kit turned the phone into a real camera for all intents and purposes, allowing you to use the physical buttons on the phone to control every feature of the camera with one hand. Additionally, you may change a number of features of this attachment in the settings, such as how smoothly or jerkily the camera zooms. Even altering the rings surrounding the camera module will only have a cosmetic impact.
The capabilities of ChatGPT's image creation go beyond Ghibli-style pictures. Seven creative usage cases
ChatGPT's new image generating features go beyond only making Ghibli-style images; they can also be used to create text-heavy infographics and personalized sticker packs.The internet is going crazy about ChatGPT's latest image generator, but it's not the only thing the AI tool excels at. Adding text to images is another area in which the GPT-4o-powered image generator shines, something that other AI models are currently having trouble with. For many professionals, the most recent version of ChatGPT might be a lifesaver when it comes to creating material or honing presentation abilities. Here are some interesting use cases to try if you want to see what ChatGPT's new picture generator is capable of.Additionally, most of the photos produced by ChatGPT are rather decent, however some may still have irregularities, such as fingers being added or removed or facial changes.However, when you ask ChatGPT to create an image, make sure you have given it specific instructions on how you want it to look, what you want in the backdrop, and whether you have a favorite color. For instance, you can utilize a challenge like the one below to create a realistic image of a sunset. "Construct an image of a meadow with a waterfall, butterflies, and birds, flowers below, and white clouds against a light blue sky."
With this Windows 11 beta build, Copilot+ PCs might finally be helpful.
Although Copilot+ didn't really take off as much as the firm might have desired, it felt like an attempt by Microsoft to provide AI tools to the general public. Microsoft is still working to improve Copilot+ devices, though. Right now, the business is developing a new feature that might persuade me that Copilot+ is worth purchasing a Snapdragon chip for.Microsoft explains what testers may anticipate from the latest Beta build in a post on the Windows Insider Blog. A new context-based search engine that looks for files and images by their description rather than their file name is the feature that is being promoted. When you can recall the appearance of an image but forget the file name, this is quite helpful:This capability will also be available for photos stored on your OneDrive cloud storage account. Ideally, all you have to do is describe the image you're looking for, and the search tool will search both locally and on the cloud for it. It should reduce the aggravation of trying to identify that one strangely titled file that you can't seem to find if it functions properly.Thankfully, there have been more successes than failures with Microsoft's new Copilot+ capabilities. For instance, I thought it was great when the business gave Copilot+ PCs live captioning and translations, as AI should always prioritize accessibility. Hopefully, this new context search performs as well as Microsoft says it would.
Loyalist of Rapido? Try these five hidden features on the ride-hailing app.
Rapido has several hidden elements that can improve the efficiency and affordability of your everyday commute, so it's not only about fast bike and car rides.Rapido is among the greatest alternatives to travel if you detest wasting time in traffic, particularly in large cities like Bengaluru, Delhi, and Mumbai. Everything is only a few taps away, whether you're looking for a nice taxi, an auto ride, or a swift bike taxi journey through congested streets. Rapido is incredibly economical in addition to being convenient. Some lesser-known features that can enhance your experience are also available in the Rapido app, though. Here are five undiscovered features you ought to look into:Get your airport transportation in advance. Using Rapido to book an airport ride is simple. Launch the app, select the airport as your destination, then input the location of your pickup. Next, select your mode of transportation (car, bike, or taxi, if accessible in your city). To book a ride ahead of time, select the Reserve option and make a voice call at the time you want. After confirmation, choose your preferred payment option, and you're ready to go. Since not all cities allow pre-booking, just check the app beforehand.2. Purchase a reasonably priced Bike Lite ride. Booking a ride is less expensive with Rapido Bike Lite. Because it assigns excursions to local captains, the fares are lower than those of conventional bike rides. The sole compromise? Compared to the regular Rapido Bike option, you might have to wait a bit longer for your ride. However, Bike Lite is a fantastic method to reduce daily commute costs without sacrificing ride quality and safety provided you value cost-effectiveness and don't mind a brief wait.3. Use the Rapido Power Pass to save even more. The Power Pass is a fantastic way to save money if you use Rapido often. You may receive discounted prices with up to 25% off (up to Rs 8 each ride) for just Rs 69. It makes your everyday commute far more economical by shielding you from fare increases during peak hours. This pass is absolutely something you should think about if you frequently use Rapido.
What distinguishes Microsoft's "Majorana 1" quantum computing chip?
Microsoft has revealed Majorana 1, a new quantum device that generates qubits that are more dependable and scalable than those produced by its predecessors. The fundamental units of quantum computers are called qubits.Majorana 1 will contribute to "realizing quantum computers capable of solving meaningful, industrial-scale problems in years, not decades," according to the tech giant, who views it as a significant turning point in the development of practical quantum computing.According to Microsoft, the key to their innovation is the building of a completely novel kind of particle called Majorana. In contrast to conventional states of matter like solid, liquid, and gas, these Majorana particles are produced utilizing topological conductors and exist in a topological state.In a blog post on Wednesday, February 19, Microsoft stated, "Semiconductors and the new type of chip they enable offer a path to developing quantum systems that can scale to a million qubits and are capable of tackling the most complex industrial and societal problems, just as the invention of semiconductors made today's smartphones, computers, and electronics possible."
The new Grok 3 model is unveiled by Elon Musk's xAI.
The most recent iteration of Elon Musk's AI model, Grok 3, has now been formally released by xAI. The model is being positioned as a direct rival to two of the most well-known AI models on the market right now: Google's Gemini and OpenAI's GPT-4o. Musk's social media network X (previously Twitter) is offering Grok 3 for purchase; the AI has already been included into the service.Grok-3 was created on xAI's supercomputer, Colossus, an AI training cluster located in Memphis, Tennessee, and has far more sophisticated computing capacity. With an estimated 200,000 GPUs, this facility is among the most potent AI training clusters globally. Musk asserts that Grok 3's computational resources are 10 times more than those of Grok 2, its predecessor. Because of this boost in processing capacity, xAI has been able to create a model that can handle difficult queries more accurately and with better contextual understanding and reasoning skills. Only Premium+ (a service that recently increased its monthly charge to $40) users of the former Twitter platform can access Grok 3. Furthermore, SuperGrok, a new membership tier from xAI, will give users access to more advanced AI features than those found in the Grok 3 model. Although SuperGrok's official price has not yet been disclosed, rumors have it that it costs about $30 a month or $300 annually. It's still unclear if this service will work as a stand-alone product or if an existing X subscription is necessary.
Review of the Vivo V50: Excellent portraiture, reliable battery
Typically, we don't think of mid-range smartphones with good cameras. In reality, when it comes to photography, even some expensive cellphones fall short. One of the few smartphone companies that has been questioning this idea is Vivo, which may have raised the bar for mid-range cameras with its most recent model, the Vivo V50.After testing the Vivo V50 for more than ten days, I've written a thorough evaluation of this camera champion.During a product briefing, the Starry Night version of the vivo V50 that I have been testing looked normal from a distance. However, I was able to fully appreciate its beauty when I had it in my hand. In India, this is the first smartphone with 3D-Star technology. This gives the device depth, giving it a dreamlike appearance that is different from anything I have seen on a smartphone's rear. The Vivo V50 has an underwater camera mode and is rated IP68/IP69. This is one of those phones that you may use while swimming in a pool or taking a shower.Another current smartphone trend that the V50 has adopted is the quad-curved display, which gives it an appearance that is nearly as high-end as the far more costly X100 Pro. Excellent visibility is guaranteed even in direct sunshine thanks to this 6.77-inch display's 1.5K resolution and 120Hz refresh rate, which can reach up to 4,500 nits in HDR mode. The screen protector is pre-installed on the display, which has consistent bezels on all four sides.
How an AR game was made for Snap's Spectacles glasses by this Indian developer
The XR designer and developer from Mumbai explains how he got started on "Sign of Doom," the augmented reality game for Snap's Spectacles eyewear.One of the first Indian developers to have access to Snap's fifth-generation Spectacles—a developer-only pair of spectacles with augmented reality capabilities—was freelance AR developer Jeetesh Singh.Snap Inc., the company that owns Snapchat, wants to create AR content for its Spectacles more quickly and is seeking to young Lens developers like Singh to create engaging AR experiences. The business wants to make it simpler to introduce AR lenses into glasses by utilizing the current ecosystem and developers who are already familiar with Lens Studio. "I was concentrating on creating a new gesture that would be enjoyable and easy to use, as well as on creating a novel experience using both hands, in order to create a unique interaction." That's how I began creating this experience, followed by a story, and then the game," Singh explained.“I was initially building some small experiences on my Spectacles, but I couldn’t come up with a specific idea that I could turn into a full-fledged application. However, when I thought about this game and the type of experience I wanted to develop, I felt this would be engaging and have the potential to be something people might want to play,” said Singh, a computer engineer.According to Singh, "Sign of Doom" is a first-person shooter game in which the universe is overrun by aliens and a portal has been broken. You take on the role of a player who uses their hands to hold mystical signals throughout the game. Different kinds of aliens with varying strengths appear at different levels as they attempt to shoot at you. Your hand emits energy bursts when you form an Illuminati sign. You advance to a higher level as your score increases. You can compete with gamers from across the world on the game's leaderboard. "Sign of Doom" is set entirely in three dimensions and has a Dragon Ball Z feel to it, but it was created especially for Snap's Spectacles AR glasses.
The United States will prohibit smart cars that use Russian or Chinese technology.
The announcement follows a months-long regulatory procedure and comes as departing President Joe Biden concludes attempts to tighten restrictions on technology developed in China.Washington: Targeting hardware and software from the second-largest economy in the world for national security threats, the US adopted a rule Tuesday that virtually bans Chinese technology from automobiles sold in the US market.The announcement follows a months-long regulatory procedure and comes as departing President Joe Biden concludes attempts to tighten restrictions on technology developed in China. The regulation also comes as Washington announced this month that it is considering new regulations to counter the threats posed by drones using technology from Russia and China, among other foes. Regarding the regulation that also targets Russian technology, Commerce Secretary Gina Raimondo stated, "Cars today aren't just steel on wheels -- they're computers." In reference to the People's Republic of China, she continued, "This is a targeted approach to ensure we keep PRC and Russian-manufactured technologies off American roads.""China is trying to dominate the future of the auto industry," said National Economic Advisor Lael Brainard, but connected cars with hardware and software systems connected to overseas competitors run the risk of intervention or the exploitation of private information.
Bigger isn't always better, as these five little cellphones demonstrate.
It's difficult to find a small phone in 2025, but these five phones have everything you need without feeling heavy or unwieldy.The number of accessible compact phones has substantially decreased, to the point that most phone manufacturers have already given up on making small phones, as smartphones continue to grow in size, with some of them approaching tablet size. if you're considering purchasing a little phone. There aren't many phones that are surprisingly good and can survive for several years. These are some of the top little phones available in February 2025, ranging from the Samsung Galaxy S25 to the Oppo Find X8.Although its slightly larger 6.4-inch screen may put off those with small hands, the Edge 50 Neo has nearly every feature you could possibly need in a mid-range phone. It comes with a clean, user-friendly, near-stock Android operating system with some Moto magic on top, along with a powerful MediaTek CPU that doesn't lag in daily tasks. In addition, you get wireless charging and a telephoto camera, which are often available on high-end flagship products. Additionally, Motorola has a bad reputation of updating its phones to the most recent version, even if the firm has stated that the phone will receive five Android updates. It's also important to remember that the phone's 4,310mAh battery might not last a full day for heavy and moderate users.
What to anticipate from Apple's potential iPhone SE 4 debut next week
Bloomberg has reported that the highly awaited iPhone SE 4 could arrive "as early as next week." Apple's most affordable smartphone is expected to receive some much-needed updates from the future phone, which has been the subject of rumors for a few years.According to reputable Apple analyst Mark Gurman, who cited sources with knowledge of the situation, Apple may reveal the iPhone SE 4 "as early as next week" and release it in stores one week later. He added that Apple is probably going to reveal the smartphone online rather than during a launch party. Additionally, Gurman stated that "there are already telltale signs that the new phone is coming," asserting that the iPhone SE 3's stock has already run out in several US locations, a common occurrence as Apple prepares to release a new product.According to a video posted on X last month by well-known tipster Majin Bu, the iPhone SE 4 will still only have one camera and will not be able to access the famous Dynamic Island. However, the phone may have a USB-C port in order to adhere to the new EU rule.
Trump's trade war with China begins while Thailand lobbies for chip investments.
Reuters, Bangkok, February 6 In light of U.S. President Donald Trump's renewed trade battle with China, Thailand hopes to have a preliminary draft of a strategy plan for its semiconductor industry ready within the next ninety days in order to draw in new investment.The secretary-general of the Thailand Board of Investment (BOI), Narit Therdsteerasukdi, told Reuters that the nation's national semiconductor board will be working with a consultancy to create an industry roadmap.In an effort to attract semiconductor investments to Thailand, Narit, who answers to the prime, is also organizing roadshows to the US and Japan. As China and the United States vie for technological dominance, the global semiconductor sector has been in turmoil in recent years. Southeast Asia is already home to certain supply networks, and further unrest is anticipated during Trump's second term. In an effort to improve the U.S. trade balance, he announced a 10% duty on Chinese imports over the weekend.He declared a 10% duty on Chinese goods over the weekend as part of a larger strategy to strengthen the U.S. trade balance.Last year, the value of inbound investment applications in Thailand, the second-largest economy in Southeast Asia after Indonesia, increased by 35% to a 10-year high of 1.14 trillion baht ($33.5 billion). "I expect the value of total applications (this year) to be more than last year's figure, driven by investment in the electronics and digital sectors," Narit stated. According to a 2024 research by consulting firm A.T. Kearney, Thailand comes in second place to India in a list of the leading growing economies for semiconductor manufacturing.
Bhavish Aggarwal reveals open-source models and plans to spend Rs 2,000 crore in the AI business Krutrim.
ET was told by a person with knowledge of the situation that both loan and equity will be used for the finance. On Tuesday, Aggarwal revealed the Krutrim AI Lab and said the company would make a number of AI models open-source on the microblogging site X.As the AI race heats up, Ola founder Bhavish Aggarwal stated on February 4 that he has invested Rs 2,000 crore in his artificial intelligence business Krutrim, with a commitment of Rs 10,000 crore by the following year. Aggarwal also revealed the Krutrim AI Lab, a cutting-edge facility for artificial intelligence research.Today, Bhavish Aggarwal, the creator of Ola, announced that his artificial intelligence (AI) company Krutrim will receive a Rs 2,000 crore investment. Additionally, he pledged to invest Rs 10,000 crore by the next year. The KrutrimAI lab was revealed by the founders of Ola Electric and Ola Mobility. More significantly, he said that the business has released some of Krutrim's technical reports and is making the work available to the open-source community. "We've been working on AI for a year, and today we're releasing our work to the open-source community and also publishing a bunch of technical reports," Aggarwal stated in an X post. Our goal is to improve AI for India by taking into account factors like cultural context, data scarcity, and Indian languages."We will make it the largest supercomputer in India by the end of the year," he continued, adding that they had partnered with Nvidia to deploy India's first GB200 system, which would go online by March. The Krutrim 2 and Krutrim 1 large language models (LLMs) are among the models that Krutrim has made available to the open-source community. When India's first LLM, Krutrim 1, was introduced in January 2024, it was a simple 7B model. Today, we're introducing Krutrim 2, a significantly enhanced model," Aggarwal stated.
High-risk Google Chrome alert: CERT-In warns of problems for Linux, Mac, and Windows users
High-risk alert for Google Chrome users issued by Modi Government: India's cybersecurity watchdog, CERT-In, has issued a high-risk alert about Google Chrome vulnerabilities that could compromise user data and devices, and it advises users to update their browsers right away to prevent security risks.Who is impacted? The warning is applicable to PC and laptop users as well as users of the Windows, Mac, and Linux operating systems. Users using smartphones are comparatively less impacted. The following are the specifics of the vulnerabilities: CIVN-2025-0007: Impacts Chrome versions prior to **132.0.6834.83/8r** for Windows and Mac, and CIVN-2025-0008: Targets Chrome versions prior to **132.0.6834.110/111** for Windows and Mac, and versions prior to **132.0.6834.110** for Linux. These vulnerabilities are classified as critical and high-risk.CERT-In advises users to update their Google Chrome browsers and apply the most recent security patches right away in order to reduce the risks. This will guarantee that your browser is protected against these serious vulnerabilities.Samsung has not yet made an official announcement, but certifications and benchmark listings add weight to the rumors that the company is working to expand its 5G portfolio in the Indian market with four new devices: the Galaxy A06, Galaxy F06, Galaxy F16, and Galaxy M16. Support pages for these models have gone live on Samsung's India website, indicating an imminent launch.
Pebble will revive smart wearables using e-ink.
The Pebble smartwatch is coming back, revealed Eric Migicovsky, founder of the company. The wearables, once popular for their e-ink displays and long battery life, will once again be powered by PebbleOS, which was made an open-source project by Google.In an impassioned open letter, the founder expressed his wish to reintroduce a smartwatch with critical functionality, saying he has tried "every single smartwatch available," but none of them have all the characteristics he wants.a constantly-on, sunlight-readable, glanceable, and non-distracting electronic paper screen that is reflecting rather than emissive; long battery life to eliminate the need for additional wires when traveling and charge one item at a time; For frequently used functionality like telling the time, alerts, music control, alarms, weather, calendar, and sleep/step tracking, a straightforward and elegant user interface is ideal; Hackable buttons to play, pause, and skip music without turning to face the screen. According to Migicovsky, Pebble has more than 16,000 watch faces available in its app store, but Apple does not permit users to create their own. The source code for PebbleOS is now accessible online thanks to Google, the Fitbit owner that purchased Pebble's intellectual property.In light of this, the founder is putting together a small group of people who are committed to creating a long-term solution. While keeping the same features and specifications, he urges the group to "continue designing exciting gadgets" and add some fun new choices.
Jio, Airtel, Vi presents updated plans for SMS-only and call-only recharges.
Airtel, Jio, and Vi have introduced new vouchers that are more affordable than standard recharge plans with data perks in responseBoth Jio and Airtel have made additional revisions to their value plans since they were introduced a few days ago, and TRAI is presently reviewing them. The details of the new recharge plans that Jio and Airtel have launched without data advantages are listed below. Both Jio and Airtel withdrew some of its value plans that offered data benefits when these plans were introduced. The new phone and SMS-only recharge options offered by Airtel The Rs 1,849 recharge plan offered by Airtel Airtel's yearly recharge package is valid for 365 days and includes 3,600 SMS and unlimited calling service throughout that time. This plan's daily effective cost is Rs 5.06.om Regulatory Authority of India's (TRAI) directive to create voice and SMS-only recharge plans.The Rs 469 recharge plan offered by Airtel For the full 84-day validity period, this package provides unlimited calling and 900 SMS. This plan's daily effective cost is Rs 5.58.
As bitcoin reaches a record high prior to Trump's inauguration, the dollar declines.
Bitcoin, supported by lower US inflation figures and prospects of several rate cuts from the Federal Reserve, reached an all-time high of $109,071.86 before closing 4.2% higher at $107,120. As a "crypto president," Trump is anticipated to sign executive orders that promote digital assets. However, analysts cautioned that if policy actions are postponed, there may be a "sell the news" reaction.The dollar index, which compares the US dollar to six major currencies, dropped 0.36% to 109.02 from its 26-month high of 110.17 last week. Derek Halpenny, head of research global markets at MUFG, stated, "There are high expectations of Trump announcing trade tariffs under executive order along with many other policy announcements that could prompt further US dollar gains."Despite Monday's decline, the dollar has increased by 4% since Trump won the election in November due to hopes that his plans will increase inflation and economic growth. Though they cautioned about short-term risks associated with market expectations for prompt tariff steps, Goldman Sachs strategists anticipate the possibility of a further 5% increase in the dollar over the next months. Amid rumors that the Bank of Japan may increase its policy rate this week, the yen held close to a one-month high. The US Martin Luther King Jr. Day holiday resulted in low trading volume.Trump reaffirmed his intentions to enforce stringent immigration restrictions at a rally on Sunday, which increased market turbulence. Analysts warned that a dollar fall in the upcoming weeks might be triggered by any indications of a more selective approach to tariffs. The introduction of the "official" Donald Trump memecoin has shocked the cryptocurrency community. Its value surged after its Friday night debut, momentarily hitting a $14 billion market cap.
Crypto Theft: WazirX Freezes $3 Million in Stolen Assets
As part of its ongoing recovery efforts, WazirX has frozen $3 million worth of stolen assets. This comes almost six months after it was hit by a $235 million hack. Cofounder Nischal Shetty said the company remains “fully committed to recovering stolen funds” and maximising recoveries under the Scheme of Arrangement WazirX’s parent Zettai is actively working with law enforcement agencies to trace and retrieve the stolen assetsThe company said in a statement, "WazirX has been able to freeze the first set of assets that were stolen during the cyberattack (the "Stolen Assets"). These assets are worth about $3M USDT [Tether]."Zettai, the parent company of WazirX, stated that while the platform undergoes reorganization procedures, it is actively collaborating with law enforcement, forensic specialists, investigative authorities, and legal professionals to track down and recover the stolen assets."This is only the start. Nischal Shetty, a cofounder of WazirX, stated, "We are totally dedicated to recovering the stolen funds … [and] maximising recoveries under a scheme."
