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Developers have replicated seven Adobe software titles using Claude, with all projects open-source but still far from mature.

56 minutes ago

Beating AI Express: ArtCraft founder Brandon Thomas has leveraged Claude Opus 5.5 to open-source seven alternatives to Adobe’s creative software, all built entirely from scratch in Rust. The tools are: 1. PhotoCraft: Photoshop alternative for image editing 2. VectorCraft: Illustrator alternative for vector design 3. FilmCraft: Premiere Pro alternative for video editing 4. LightCraft: Lightroom alternative for photo management and color grading 5. EffectCraft: After Effects alternative for video effects and animation 6. DesignCraft: InDesign alternative for desktop publishing 7. PdfCraft: Acrobat Pro alternative for PDF editing and processing All seven apps are free and open-source, developed for macOS, Windows, Linux, and web browsers. They aim to closely replicate Adobe’s interfaces, tools, and keyboard shortcuts, and support integration with AI agents via MCP, enabling tools like Claude to directly operate the software and modify files. However, the applications remain in early development. While PhotoCraft covers all of Photoshop’s menu commands, Thomas admits its functionality is less than 50% equivalent to Adobe’s tool. Testing shows basic features like cutout and color grading work, but operations such as free transform remain unstable. Many users on Hacker News have also reported missing features and operational issues. Thomas initially claimed he would achieve feature parity with Adobe within a month, later revising that timeline to months for near-complete functionality. He acknowledged the software is far from mature, inviting community contributions for fixes, and plans to offer bug bounties.

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Bitcoin briefly dropped below $82,300, as Iranian tensions lifted oil prices above $102, putting pressure on market risk appetite.

Bitcoin briefly dipped below $82,300, rebounding to around the $82,500 level with a 1.94% 24-hour decline that broke below the recent key support of $83,000. FxPro previously noted that if BTC breaks decisively below $83,000, sellers could regain market control, potentially pushing prices quickly toward the $80,000 mark. The latest decline coincided with rising macro risks. Reports indicate the White House has asked the Pentagon to draft a military strike plan against Iran, a development that lifted Brent crude by roughly 2% to retake the $102 per barrel level. The U.S. 10-year Treasury yield climbed to 5.31%, near its highest since 2002, further weighing on risk assets. Major cryptocurrencies were broadly lower: XRP fell nearly 4% to $1.42, Dogecoin (DOGE) dropped around 3%, Ethereum (ETH) declined about 3% to $2,570, while HYPE and Solana (SOL) both fell over 2%. On the prior day, roughly $550 million in crypto leveraged positions were liquidated, the majority of which were long positions. Bitcoin has fallen for two consecutive trading days recently, both times alongside rising oil prices and U.S. Treasury yields. If Brent crude falls back below $100, it could ease some of the current pressure on risk assets.

4 minutes ago

Bithumb will list CTR on its KRW market.

Bithumb will list CTR on its KRW market.

4 minutes ago

Ethereum scaling gets another speed boost: Glamsterdam testnet gas limit surges to 200 million, processing capacity triples.

Ethereum’s Glamsterdam upgrade was activated on the Sepolia testnet this Tuesday. The block gas limit has been raised from roughly 60 million to nearly 200 million, lifting the processing capacity budget by over threefold, as developers leverage the test to validate network scaling-related changes. CoinDesk’s observation of more than 25 consecutive test blocks shows actual gas usage ranges from 52 million to 92 million, accounting for only 26% to 46% of the available cap—no near-full load scenarios have been recorded. Per data from test team ethPandaOps, during a six-minute vote early Thursday, all 32 planned blocks were successfully proposed, and 99.97% of eligible testnet staked shares voted to finalize the upgrade. Glamsterdam also adjusted gas costs for certain operations, optimized transaction execution and data retrieval mechanisms, granting validators more time to verify transaction computations while enabling software to prefetch account and storage data tied to transactions to enhance parallel processing capabilities. The next testnet, Hoodi, is tentatively set to launch on October 27, with exact timing dependent on Sepolia test outcomes. To date, the Ethereum mainnet has not confirmed a specific date for the Glamsterdam upgrade.

4 minutes ago

Claude Penetrates Core Territory of Domestic Low-Priced AI Models, Triggering Sharp Intraday Drops in Zhipu AI and MiniMax Stocks

Insight Beating AI News Flash: Anthropic’s newly released Claude Haiku 5.5 is exerting intense competitive pressure—akin to a "kill line"—on Chinese domestic low-cost large language models (LLMs). On October 8, Hong Kong-listed LLM firms saw broad declines: MiniMax fell over 9%, Zhipu AI dropped more than 6%, while the Hang Seng Tech Index fell roughly 1% in the same period. Claude Haiku 5.5’s base API pricing is $0.1 per million input tokens and $0.5 per million output tokens. By comparison, DeepSeek V4.1 Flash charges $0.3 and $1.2 per million input/output tokens during peak hours, sliding to $0.15 and $0.6 during off-peak periods. Zhipu AI’s GLM-5.3 Flash has standard pricing of $0.15 and $0.5 per million input and output tokens respectively. Claude Haiku 5.5 already holds clear unit price competitiveness when input tokens do not exceed 100,000. Artificial Analysis awarded Claude Haiku 5.5 a composite intelligence score of 43, outperforming GLM-5.3 Flash (42), DeepSeek V4.1 Flash (39), and Xiaomi’s MiMo-V2.6-Flash (38). In the Terminal-Bench 4.0 programming benchmark, Claude Haiku 5.5 and GLM-5.3 Flash tied at 33%, ahead of DeepSeek (27%) and MiMo (23%). However, Claude Haiku 5.5’s strengths are primarily in its base pricing and performance under maximum inference load. It has higher token consumption, and long context inputs trigger a fivefold pricing surcharge.

4 minutes ago

Hong Kong-listed artificial intelligence stocks fell across the board, with MINIMAX down more than 10% and Zhipu AI down over 6%.

According to Bitget market data, Hong Kong-listed artificial intelligence concept stocks fell broadly, with MINIMAX down over 10%, Zhipu down more than 6%, Xunce down nearly 5%, and Baidu and Meituan seeing minor declines.

4 minutes ago

Polymarket has appointed Edward Lee as product head of its trading platform, overseeing its U.S. and international on-chain trading operations.

Former Coinbase employee Edward Lee announced in a post that he has joined Polymarket as product lead, overseeing product development for Polymarket US and its international on-chain trading platform. Lee stated he has spent the past decade working on crypto industry infrastructure, and will now shift focus to building trading markets operating on top of these infrastructures, with the goal of advancing a vision of "everything tradable". He added that prediction markets will serve as the starting point for this vision, and invited developers, traders, and partners from regulated markets and DeFi sectors to reach out to him. According to his profile, Lee has previously built and operated trading platforms at Coinbase, Circle, Poloniex, and LINE.

4 minutes ago

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