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10/17
05:19
Cardano's governance treasury has utilized 91% of its 500 million ADA cap, with only 42.6 million ADA remaining.
As of October 16, 2026, Cardano (ADA) has executed 30 treasury withdrawals totaling 457.4 million ADA, reaching 91% of the 500 million ADA total limit, with only 42.6 million ADA remaining available for new withdrawals. Although the treasury itself holds approximately 1.38 billion ADA, under the current protocol, incoming funds and refunds do not replenish the used withdrawal limit. Any new withdrawals must comply with the remaining limit or require a new limit agreement.
05:16
Tax Dispute Halts Commercial Goods into Gaza for Two Days, Fueling Food Price Hike Concerns
Commercial goods, including fresh fruits, vegetables, meat, and winter clothing, have been unable to enter the Gaza Strip for two consecutive days due to a tax dispute between local merchants and Hamas, Al Jazeera reported. This has intensified concerns about rising local prices; Gaza is already facing hunger and an economic crisis.
05:03
Iran denies involvement in Houthi attacks on Saudi Arabia, expresses willingness to mediate Yemen conflict.
Iran's Foreign Ministry denied involvement in Houthi attacks on Saudi Arabia. Foreign Ministry spokesman Esmail Baghaei stated that Iran rejects any claims of its role in Yemen's operations. He added that Iran is willing to help find a peaceful solution to the conflict in Yemen if requested by the parties involved. Previously, Saudi Arabia accused Iran of encouraging the recent escalation of Houthi actions against Saudi Arabia.
04:57
U.S. Central Command Commander Michael Kurilla stated that over the past seven days, the U.S. military assisted Gulf allies in transporting over 100 million barrels of crude oil through the Strait of Hormuz.
04:50
Wall Street Anxiety Spreads Amid AI Rout and $110 Oil
Wall Street is experiencing heightened anxiety as a deepening rout in the AI complex, which has extended to its debt financing, coincides with oil prices reaching $110 a barrel. This combination threatens to make inflation harder to contain, following a year spent betting on staggering AI growth while worrying about persistent inflation.
04:47
Binance Founder CZ Reaffirms Support for XRP, ZEC, SOL Amid China Crypto Controversy
Binance founder Changpeng Zhao (CZ) has reaffirmed his support for major cryptocurrencies including XRP, Zcash (ZEC), and Solana (SOL), stating he is "always supportive of any blockchain making any progress in any country." His comments come amidst controversy surrounding Solana's expansion efforts in China, which saw its planned event in Shanghai postponed on October 16 and local advertisements removed. CZ denied speculation that his previous remarks contributed to the incident, noting he became aware of the advertisement removal after it occurred.
04:47
SoftBank is reportedly considering an acquisition of Allied Universal, the largest security company in the United States, in a deal that could be valued at up to $30 billion.
SoftBank Group Corp. is conducting preliminary studies on a potential acquisition of Allied Universal, the largest security services company in the United States, Bloomberg reported, citing people familiar with the matter. This potential transaction could value Allied Universal's equity at up to $18 billion, with an additional approximately $12 billion in publicly traded debt, bringing the total transaction value close to $30 billion. Following the news, SoftBank's ADRs plummeted nearly 10% in a single day.

Sources indicated that SoftBank founder Masayoshi Son views the security services business as a critical testing ground for the robotics technologies developed by his portfolio companies, aiming to advance his AI robotics strategy. Allied Universal itself is also exploring robotics, including autonomous patrol and surveillance robots.
04:39
A Volatile Week Ends with Tech Stocks Down, Oil Up
A Volatile Week Ends with Tech Stocks Down, Oil Up.
04:39
Saudi Civil Defence lifts early warning alert for Jazan
04:32
Israeli settlers attack Palestinians in West Bank
Israeli settlers attacked Palestinians harvesting olives in the West Bank, injuring a Washington Post journalist in the clashes, the Financial Times reported.
04:32
Qatar's Prime Minister called on Israel to withdraw from southern Lebanon and condemned its attack on peacekeeping forces.
Qatar's Prime Minister and Foreign Minister, Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, stated on Friday during a press conference in Beirut with Lebanese Prime Minister Najib Mikati that Qatar demands Israel withdraw from all occupied territories in southern Lebanon and condemned Israeli attacks on peacekeeping forces. Sheikh Mohammed added that Qatar will continue to support the Lebanese Armed Forces.
04:25
Strive plans fresh funding for bitcoin purchases, earning a 27% price target hike from TD Cowen, which sees warrant-related stock pressure easing
04:14
Yemeni government says Houthis targeted Aden International Airport with two missiles
Yemeni Information Minister Moammar al-Eryani stated in a social media post that the missiles landed 500 meters from an aircraft and approximately 100 meters from the center of the runway. A Yemenia Airways flight bound for Cairo was preparing for takeoff at the time of the attack. Passengers and crew were reported safe.
04:09
Donald Trump called for a nearly $500 billion increase in defense spending and pledged to issue $5,000 to citizens if the Republican Party wins the midterm elections.
Despite Treasury Secretary Scott Bessent's commitment to proposing fiscal consolidation plans, Donald Trump continues to signal expanded spending, calling for a nearly $500 billion increase in defense spending and promising to issue $5,000 checks to every American citizen if the Republican Party retains control of both the House and Senate in the midterm elections next month, adding uncertainty to the fiscal outlook.
04:09
IMF, ECB, and CBO Question US Treasury Secretary Bessent's "Growth Solves Deficit" Logic
U.S. Treasury Secretary Scott Bessent insists that the U.S. can primarily rely on faster, sustained economic growth to bring down its debt curve. However, IMF Managing Director Kristalina Georgieva, ECB President Christine Lagarde, and Congressional Budget Office (CBO) Director Phillip Swagel have all expressed skepticism, arguing that growth alone cannot achieve the necessary fiscal adjustments.
04:09
The U.S. budget deficit reached $1.99 trillion in fiscal year 2026, a 12% year-over-year increase; interest expenses surpassed $1 trillion for the first time, hitting a new historical high.
The U.S. Treasury Department announced on Friday that the federal budget deficit for fiscal year 2026, ending in September, expanded to $1.99 trillion, an increase of approximately 12% from $1.78 trillion in the previous fiscal year. Net interest outlays within this figure rose by $81.4 billion to $1.05 trillion, surpassing the trillion-dollar threshold for the first time and setting a new historical record, becoming a significant driver of the deficit expansion in the current fiscal year.
04:05
U.S. Deputy Treasury Secretary Erin Browne expressed confidence in Japan's efforts to exit reflationary policies and its positive inflation trajectory during an interview with Nikkei.
03:55
Circle reports $36 trillion in H1 USDC transactions, retains 7% of revenue
Stablecoin issuer Circle generated $1.4 billion in revenue in the first six months of 2026, with 93% allocated to distribution, operations, and investment. This resulted in a net profit of approximately $103 million, meaning Circle retained about seven cents of every revenue dollar. The figures were released on October 16 by Chief Commercial Officer Kash Razzaghi, as USDC processed over $36 trillion in on-chain transaction volume during the same period.
03:50
CENTCOM Commander Cooper: U.S. sanctions on Iran have inflicted "devastating costs" on the Islamic Revolutionary Guard Corps.
U.S. Central Command (CENTCOM) Commander Brad Cooper stated that the U.S. blockade of Iran has inflicted a "devastating cost" on the Islamic Revolutionary Guard Corps (IRGC). In a video statement, Cooper claimed that the U.S. blockade of Iranian ports has completely halted Iran's maritime imports and exports, allowing only humanitarian aid to pass through. He added that the U.S. has "significantly degraded Iran's ability to project its power abroad," including "sinking the Iranian navy, destroying its weapons factories, and limiting the IRGC's ability to launch ballistic missiles and drones."
03:49
BFFS26 Bitcoin for Financial Services Summit to be held in Denver on Oct 20-22, featuring Joseph Kelly and Alan Lane
The second annual Bitcoin for Financial Services Summit (BFFS26) will take place in Denver from October 20-22, 2026. The event will gather CPAs, wealth advisors, attorneys, lenders, and finance leaders to discuss integrating Bitcoin into their practices. Key speakers include Unchained CEO Joseph Kelly on Bitcoin custody and credit, former Silvergate Bank CEO Alan Lane on banking lessons, Samara Asset Group CEO Patrick Lowry on public-company Bitcoin treasury reserves, and Wyoming Deputy Secretary of State Colin Crossman on regulatory outlook. The program features over 30 sessions focusing on practical applications like wealth planning, Bitcoin-backed lending, treasury accounting, and retirement planning.
03:44
Security firm Calif.io demonstrated an untethered jailbreak for the iPhone 18 Pro at the Hexacon conference, which remained effective after a reboot.
Security firm Calif.io demonstrated an untethered jailbreak on an iPhone 18 Pro running iOS 27.0.1 at the Hexacon offensive security conference in Paris on Friday. This marks the first successful untethered and persistent jailbreak on such a device, with the jailbreak remaining active after a reboot. Currently, no tools or vulnerability details have been publicly released.
03:39
Trump-Vance Administration Leads National Anti-Fraud Coalition, Vice President Vance Calls on Officials at All Levels to Sign Pledge
The White House announced that President Trump and Vice President Vance are actively combating waste, fraud, and abuse, which have cost American taxpayers billions of dollars. As head of the White House Anti-Fraud Task Force, Vice President Vance this week called on government officials at all levels to join his commitment to protect the American people, ensure that taxpayer-funded benefits are exclusively for Americans, prevent fraud before funds are disbursed, and hold fraudsters accountable. Secretary of Labor Keith Sonderling stated that $22 billion in labor fraud has been identified, and EPA Administrator Lee Zeldin reported that his department's actions have cumulatively saved over $30 billion.
03:34
Brent crude oil hits $110 as Iran escalates Strait of Hormuz attacks.
Brent crude futures hit an intraday high of $110 per barrel on Friday, the first time since May, closing up 3.7% at $109.86. West Texas Intermediate (WTI) crude rose 3.5% to $101.41 per barrel. This week, Iran attacked at least nine oil tankers and cargo ships in the Strait of Hormuz and sank the container ship GFS Pride, injuring three sailors and leaving two missing.
03:32
Iran says Saudi Arabia has not responded to Yemen mediation offer
Iran's Deputy Foreign Minister Saeed Khatibzadeh stated that Saudi Arabia has yet to respond to Tehran's mediation offer regarding the conflict in Yemen. Khatibzadeh added that the Yemeni people are suffering from a blockade imposed by the Saudis, which deprives them of essential supplies, and called for an end to the blockade and ceasefire.
03:31
AI stock sell-off pushes VIX fear index above 22, hitting a four-month high.
The Cboe Volatility Index (VIX), Wall Street's fear gauge, surged past 22 on Friday for the first time in four months, primarily driven by a sell-off in AI-related stocks. The Nasdaq Composite fell 2% on the day, marking its largest single-day drop since June 5, with new cloud service provider CoreWeave's shares dropping 13%. Traders are betting on further upside for the VIX by November 18, buying a large number of VIX call options. One trade involved buying 9,200 call options with a strike price of $20 expiring on November 18 for $1.7 million, while another saw 12,500 call options with a strike price of $23 expiring on November 18 purchased for $1.1 million. Brent Kochuba, founder of SpotGamma, stated that the rapid rise in the VIX and the volume of options trading indicate that traders are actively hedging against greater market downside risk.
03:22
South Korean KOSPI index erases an entire year’s worth of GDP, down over 40% from June peak
South Korea's KOSPI index fell over 8% yesterday, wiping out more than $2 trillion in market capitalization since its June peak, a loss exceeding the country's entire 2025 annual GDP of about $1.9 trillion. The index closed yesterday at 5,554, down 7.6% on the day and extending consecutive daily losses to seven. Intraday, it fell as much as 9.3%, triggering its 10th circuit breaker of the year. Samsung Electronics and SK Hynix, two AI chip companies, account for 70% of the KOSPI's drawdown since June. The Financial Services Commission chairman called an emergency meeting on Thursday, instructing financial services firms to maintain vigilance and actively respond to ensure market stability and investor protection.
03:19
A new wave of Treasury bill issuance is testing investor demand, with short-term T-bill yields surging and posing a potential threat to the overnight funding market.
03:18
Indian Minister Confirms Safety of 24 Indian Crew Members on Vessels Hit in Hormuz Strait and Romania
India's federal minister for ports, shipping and waterways, Sarbananda Sonowal, confirmed that 15 Indian crew members on the MT ST 3 crude oil tanker, which was hit by a projectile in the Strait of Hormuz on Friday, are safe. He also confirmed the safety of 9 Indian crew members on the YARA J chemical tanker, hit by a drone at Romania’s Sulina anchorage on October 14. Sonowal stated in a post on X that all 24 Indian nationals across both vessels are completely safe with no casualties or injuries.
03:15
Top U.S. real estate brokerage Compass sues California's largest property listing service
Compass Inc., a top U.S. residential real estate brokerage, sued California's largest real estate listing service on Friday over rules regarding timely access to information about homes for sale. The move is the latest escalation in a broader legal battle over information access.
03:10
Saylor retweeted CJ_Bitcoin's post calling MicroStrategy "the central bank of the crypto economy."

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