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The US Initiates Operation "Economic Fury" Against Iran

2 hours ago

On April 16 (local time), U.S. Secretary of Defense Lloyd Austin stated during a press conference that the U.S. Treasury is launching an operation codenamed "Economic Fury" to apply maximum economic pressure on Iran. (CCTV)
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US Tech Stocks Experience Widespread Decline During Trading Hours, GEMI Falls by 4.29%

April 16: Per Bitget data, U.S. stock indices finished lower in trading today: Dow Jones -0.25%, S&P 500 -0.14%, Nasdaq -0.26%. Crypto-related stocks saw broad declines, with the following moves: Gemini (GEMI) -4.29%, Coinbase (COIN) -3.38%, Circle (CRCL) -3.27%, Bitmine (BMNR) -3.20%, Robinhood (HOOD) -3.18%, Bullish (BLSH) -2.83%, MicroStrategy (MSTR) -2.54%.

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Anthropic has released its latest model, OPUS 4.7

On April 16, Anthropic released its latest model, OPUS 4.7.

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In the past 1 hour, there has been a total of $130 million in liquidations across the entire network, with the majority coming from the liquidation of long positions.

Coinglass data shows $130 million in total liquidations across the entire crypto network over the past hour as of April 16th, with long positions accounting for $121 million and short positions for $9.1 million. Or a more concise, news-flash style version (common in US financial/crypto updates): "As of April 16th, Coinglass data reveals $130M in crypto network liquidations over the past hour—$121M from long positions, $9.1M from shorts."

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Ethereum Foundation Releases ETH Rangers Program Results: Recovered or Frozen Funds Exceeding $5.8 Million, Addressed 36 Security Incidents

April 16 — The Ethereum Foundation announced interim results for 17 grant recipients of its **ETH Rangers program** on Wednesday, per the org’s official blog. The six-month initiative, launched in late 2024 in partnership with Secureum, The Red Guild, and the Security Alliance (SEAL), wrapped up its initial run this week. ### Key Program Outcomes The program delivered these milestones: - Recovered or frozen over $5.8 million in funds - Identified and reported 785+ vulnerabilities, client bugs, and Proof of Concept (PoC) exploits - Pinpointed roughly 100 nation-state-backed hackers targeting Web3 organizations - Delivered threat awareness content to 209,000+ users - Responded to 36+ security incidents - Developed or enhanced 7+ open-source security toolkits ### Standout Projects - **SunSec & DeFiHackLabs**: Built a DeFi Incident Retrieval Platform covering 620+ PoCs, and collaborated with HITCON CTF (717 participating teams) to design a Web3 Security Challenge. -

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Federal Reserve's Williams: Rates could still be cut if inflation hits target

On April 16, Federal Reserve official Williams said: "If inflation hits the target, rate cuts are still expected."

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UAE Investor Buys AI and Crypto Assets on Dip During US-Iran Conflict

April 16th, per Cointelegraph: Amid the US-Iran conflict, UAE investors opted to buy the dip in AI and digital assets instead of deleveraging broadly. eToro data shows UAE users boosted holdings of several software and AI infrastructure stocks that saw sharp Q1 price pullbacks. eToro market analyst Josh Gilbert noted the behavior was driven by long-term themes, not risk-off sentiment—with the strongest signals in AI infrastructure/software: stocks like ServiceNow (+125%), Super Micro Computer (+65%), Adobe (+54%), and Oracle (+38%) saw big jumps in holdings amid market pressure. For crypto assets, Strategy Inc. remains the 8th most-held stock by UAE investors, signaling ongoing allocation to crypto-related picks. On April 13, a Deutsche Bank report argued the conflict is more likely to strengthen (not weaken) the region’s demand for AI, cybersecurity, and sovereign digital infrastructure. However, reports cited attacks on Amazon Web Services (AWS) data centers in the UAE and Bahr

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