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Eight departments, including the Ministry of Industry and Information Technology, announced plans to build 50,000 industrial 5G private networks by 2030.
PANews reported on June 30 that eight departments, including the Ministry of Industry and Information Technology, issued a notice entitled "Implementation Opinions on Promoting the High-Quality Development of the Industrial Internet." By 2030, the industrial internet will achieve broader, deeper, and higher-level development, propelling the deep integration of the real economy and the digital economy to a new stage. New infrastructure will be deployed on a large scale, with 50,000 industrial 5G private networks built. The scope of enterprise identification and resolution services will be continuously expanded, and approximately five comprehensive platforms with international influence will be established, initially constructing a relatively complete industrial data infrastructure system. Integrated applications will achieve full coverage of 207 industrial categories, cultivating a number of tiered and categorized 5G factories with distinctive characteristics. The safety classification and grading coverage rate of key industry enterprises above designated size will reach 80%.
Joint Maritime Information Centre raises threat level in Strait of Hormuz
PANews reported on June 27 that, according to CCTV News, the UK's Office for Maritime Trade Operations forwarded a notice from the Joint Maritime Information Centre, stating that the Joint Maritime Information Centre raised the maritime security threat level in the Strait of Hormuz from "moderate" to "high" on the 27th.
Indian regulators are requiring crypto exchage to provide information on over-the-counter cryptocurrency transactions exceeding $10,000.
PANews reported on June 18th that, according to Cryptopolitan, India's financial intelligence agency has requested three major local crypto exchage to provide information on over $10,000 worth of over-the-counter (OTC) cryptocurrency transactions. The directive requires exchanges to maintain OTC records since January 2026, focusing on beneficial ownership, particularly transactions where private companies or intermediaries may conceal the true owner of the funds. OTC transactions, negotiated directly between the platform and its clients, help large buyers avoid the price volatility of the open market, but also increase the risk of a lack of transparency, thus being considered a high-risk channel for money laundering, tax evasion, and cross-border capital flows by regulators. India remains one of the world's largest cryptocurrency markets, but official data on the size of the OTC market is currently unavailable.
Kalshi will require some prediction market participants to disclose their employer information to prevent insider trading.
PANews reported on June 10th that, according to the Wall Street Journal, Kalshi plans to require users participating in certain prediction markets to disclose their employer information to prevent insider trading and market manipulation. Users involved in sensitive markets such as company performance and national security (including the Iran war) will be required to submit an online form stating their employer. Kalshi will generally not verify this information, only investigating and requesting proof of employment when suspicious activity is detected. The report shows that in the first quarter of 2026, Kalshi filed more than 20 complaints with the CFTC and the Department of Justice, involving former Congressman George Santos and accounts associated with military spouses. Some of these accounts accurately placed bets days before the arrest of the former Venezuelan president, raising suspicions of using non-public information.
Meta's account recovery feature has been found to have a high-risk design flaw that could directly leak sensitive user information.
PANews reported on June 8th that GoPlus published an article on its X platform stating that its Meta account recovery function has been found to have a high-risk design flaw that directly leaks users' phone numbers, email addresses, and PII (Personal Information). Attackers only need to enter the META username, without any login or verification, to directly obtain the user's linked email address, phone number, and other complete PII. This could cause numerous harms to users, such as large-scale phishing attacks, SIM card swapping attacks, account takeover and identity theft, and targeted social engineering attacks. Recommendations: Remove or replace the leaked email address/phone number as a recovery method; change the password for related accounts and enable 2FA; do not click on any emails or text messages related to "account anomaly," "verification," or "password reset"; set up multiple verification channels, such as official documentation or other official social media channels.
Tom Lee: Don't be misled by misinformation; cryptocurrency is crucial in the world of AI.
PANews reported on June 7th that Bitmine Chairman Tom Lee posted on the X platform, stating, "Don't be misled by misinformation. The stock market bull run remains solid, and cryptocurrency is the only way to tokenize. In the world of machine-to-machine AI, cryptocurrency is crucial." He also included a selfie (with slightly messy hair).