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Ripple and SEC Officially Dismiss Appeals in the XRP Lawsuit
Ripple and SEC Officially Dismiss Appeals in the XRP Lawsuit

Ripple and the SEC have officially ended their legal fight by dismissing all appeals. XRP surged 5% as traders welcomed the final resolution.

BeInCrypto·2025/08/07 14:34
Ethereum draining malware disguised as trading bots exposed
Ethereum draining malware disguised as trading bots exposed

Share link:In this post: Ethereum drainers impersonating trading bots have reportedly stolen over $900,000 from crypto users. Malicious smart contracts use obfuscation techniques to hide attacker wallet addresses. Scammers are using aged YouTube accounts and AI-generated videos for legitimacy.

Cryptopolitan·2025/08/07 14:15
Jeff Bezos’ Amazon strikes $1 billion cloud deal with Trump administration
Jeff Bezos’ Amazon strikes $1 billion cloud deal with Trump administration

Share link:In this post: Amazon gave the Trump administration a $1 billion credit deal to support cloud and AI use across federal agencies. The agreement runs through 2028 and is part of Trump’s OneGov plan to centralize tech spending. Agencies will work directly with Amazon Web Services, cutting out resellers to save costs.

Cryptopolitan·2025/08/07 14:15
Oil stays undersupplied as OPEC+ struggles to meet new output targets
Oil stays undersupplied as OPEC+ struggles to meet new output targets

Share link:In this post: OPEC+ promised to boost oil production by 2.5 million bpd by September, but is falling short. Saudi Arabia is doing most of the work, while others are either maxed out or restricted. Strong demand from China and the Middle East is keeping oil prices high.

Cryptopolitan·2025/08/07 14:15
Flash
18:35
WTI July crude oil futures closed down $4.70, a decline of 5.82%, at $76.05 per barrel.
NYMEX July natural gas futures settled at $3.2390 per million British thermal units. NYMEX July gasoline futures settled at $2.8805 per gallon, and NYMEX July heating oil futures settled at $3.1702 per gallon.
18:33
Nokia has announced that it will expand its base station production capacity to ten times the current level, with the newly added capacity scheduled to be officially put into operation before the end of the third quarter.
At present, the global demand for telecommunications network construction continues to rise. With Nokia significantly increasing its base station production capacity this time, it will provide stronger equipment supply support for network deployment projects of operators worldwide, better meeting the construction pace of 5G and other telecommunications networks in different regions.
18:33
The crude oil futures night session listed on the Shanghai International Energy Exchange closed down 3.93%, with a final price of 508.90 yuan per barrel.
The night session of Shanghai gold futures, linked to the Shanghai Gold Exchange, closed down 0.06%, while the night session of Shanghai silver futures closed down 0.07%. Price fluctuations in such domestic bulk commodity night sessions are typically associated with multiple factors, including trends in international commodity markets, expectations for macroeconomic policies, and changes in global supply and demand. The subsequent trend will also continue to be influenced by relevant factors such as the global crude oil supply and demand structure and the trajectory of global inflation.
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