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9/21
13:11
Musk retweeted an announcement that xAI's AI model, Grok version 4.7, has been launched, stating that its "fast mode" performance is astonishing.
Musk retweeted a post from xAI engineer aksheyd, who stated that Grok version 4.7 is powerful in Grok Build/Cursor, and the team has invested significant time working with top engineers on its development, highlighting the "fast mode's" astonishing transactions per second (tps) performance.
13:08
China has expelled two senior military leaders, Zhang Youxia and Liu Zhenli, from the Party due to alleged corruption and disloyalty.
China's Communist Party has expelled Zhang Youxia, former second vice chairman of the Central Military Commission, and Liu Zhenli, a member of the Central Military Commission and chief of the Joint Staff Department, from the party due to alleged corruption and other serious misconduct, including "seriously violating political discipline and rules, forming factions and cliques, and being disloyal and dishonest to the party," Xinhua reported on Monday. The move is part of President Xi Jinping's ongoing anti-corruption campaign. Both individuals were announced to be under investigation in January and were removed from their military posts in late August. Zhang Youxia was once considered Xi Jinping's closest military ally.
13:07
Meta rose 10.23% intraday, now trading at $733.265.
13:06
Circle Launches Bitcoin-Collateralized USDC Lending Service for Institutional Clients
Circle has launched a Bitcoin-collateralized USDC lending service for institutional clients, allowing institutions to obtain USDC liquidity using their Bitcoin holdings without selling their Bitcoin.
13:03
WTI crude oil fell 5.03% intraday, now trading at $91.250.
12:59
110 million USDC, or approximately $110 million, was burned on-chain.
On-chain data shows a single burn of 113,448,009 USDC tokens from the USDC contract, with transaction hash 0xea457ed7a2f260aa869a2c06b34659783616b48476c311be9cbabef832fea7c8.
12:58
Gabon plans $2 billion overseas borrowing next year as debt burden rises
Gabon aims to raise approximately $2 billion on international markets next year. This borrowing is intended to help finance its budget and refinance maturing debt, highlighting the government's continued reliance on external financing despite a recent audit that lowered its estimate of outstanding debt.
12:54
Saylor tweets "Taking care of ₿usiness.", seemingly hinting at ongoing Bitcoin-related activities
Saylor, a prominent Bitcoin advocate and founder of MicroStrategy, posted "Taking care of ₿usiness." on X, which appears to be a play on the common phrase "taking care of business" with the Bitcoin symbol, suggesting his continued focus on Bitcoin-related endeavors.
12:54
99.5 million USDC, equivalent to $99.5 million, were minted on-chain.
12:53
80.8 million USDC, equivalent to $80.8 million, has been minted on-chain.
On-chain data shows a single mint of 80,796,435 USDC tokens, with transaction hash 0xa08a42854041a674e29bef3651f4e3b8509e9177cb6078e2835e849c7f5e64ca.
12:51
Russian Central Bank Deputy Governor says crypto industry could be operating legally by year-end
Russian Central Bank Deputy Governor Vladimir Chistyukhin stated that the country's crypto industry may have all necessary regulations to begin legally functioning by year-end. He noted that the "fine-tuning" of internal rules could be completed before the end of 2026. Earlier in August, President Vladimir Putin signed a law to regulate digital currencies, though using crypto for payments remains prohibited. The central bank has approved Bitcoin trading for the public on domestic exchanges, with unqualified investors limited to 300,000 rubles ($3,582) in purchases. Sberbank, Russia's largest bank, plans to launch a Bitcoin and crypto wallet and digital asset custody by December, projecting 4 trillion rubles ($47 billion) in trading volume during the first year.
12:51
Trump: Whoever wins AI wins everything; the US must avoid stifling AI development.
Donald Trump stated that the importance of artificial intelligence might surpass that of the Industrial Revolution and the internet. He added that the United States currently leads China and other countries in AI and vowed to maintain this advantage. He further mentioned that law enforcement could intervene if necessary, but his administration would encourage the development of AI and "super intelligence."
12:50
Sony argued in court that players do not own the digital games they purchase, while crypto industry advocates believe NFTs can solve the issue of digital ownership.
Sony's argument in court that players do not own their purchased digital games has sparked an ongoing debate about digital ownership. Crypto industry advocates argue that NFTs can provide true digital ownership, but privacy vulnerabilities and integration barriers hinder the technology's development. Kostas Chalkias, co-founder of Mysten Labs, noted that as media consumption habits shift towards rentals and streaming, users are discovering that purchased digital content doesn't actually belong to them. Tim Sun, a senior researcher at Hashkey, stated that NFTs were initially promoted as a solution, but excessive hype affected their public perception. Guy Itzhaki, CEO of Fhenix, added that NFT metadata on most blockchains is public, preventing owners from having exclusive control over assets, but technologies like encrypted NFTs are expected to offer privacy and true digital ownership.
12:49
Saudi Aramco loaded 14 million barrels of crude oil from Gulf terminals on Sunday, increasing exports through the Strait of Hormuz.
Shipping data shows Saudi Aramco loaded 14 million barrels of crude oil onto seven very large crude carriers (VLCCs) from Gulf terminals on Sunday, increasing exports through the Strait of Hormuz. Satellite images seen by Reuters appeared to show seven tankers near Ras Tanura port on Sunday.
12:48
Ethereum developers are weighing EIP-8198 proposal to reduce block times from 12 seconds to 8 or 10 seconds, aiming to accelerate confirmations and finality
The EIP-8198, or Quick Slots, proposal remains under consideration rather than being scheduled. While it could refresh onchain prices sooner and accelerate confirmations, developers are assessing its impact on validator performance and decentralization. The proposal estimates finality could fall from about 13 minutes to about 8.5 minutes and model suggests an 18% reduction in arbitrage losses, though these are based on models, not observed production results.
12:46
Russia reroutes grain exports to Baltic and Arctic ports as Black Sea shipments stall, converting fertilizer and coal terminals.
Russian firms are converting fertilizer and coal terminals at Baltic and Arctic ports to handle grain exports. Rail applications to Ultramar’s Baltic terminal reached approximately 260,000 tons for September. Russian Railways has also accepted its first grain shipment from southern Russia to Murmansk, targeting export in October.
12:34
Elon Musk reposted a SpaceXAI tweet, stating that Grok 4.7 is a powerful combination of intelligence, speed, and low cost.
Elon Musk reposted a SpaceXAI tweet, calling Grok 4.7 a powerful combination of intelligence, speed, and low cost. SpaceXAI's original tweet emphasized that Grok 4.7 can handle difficult tasks for longer, check its work more carefully, and is equipped with the most robust safety measures to date.
12:33
Taiwan's Minister of Labor, Hung Shen-han, attended the APEC Ministerial Meeting in China, marking the first visit by a high-ranking cabinet official from the Lai Ching-te administration to China.
12:23
Donald Trump stated that the U.S. Department of Justice would control the risks of artificial intelligence if necessary.
Donald Trump posted on Truth Social on Monday that the Department of Justice and other U.S. law enforcement agencies would control the risks posed by artificial intelligence (AI) "when necessary." He also emphasized that the U.S. leads China in AI development and is committed to maintaining this advantage, stating that AI will be more impactful than the Industrial Revolution or the internet itself. The White House had previously adopted a relatively lenient stance on AI regulation, and Trump's executive order issued in June only proposed a loose review plan.
12:17
Strategy and Strive bought $183 million in Bitcoin last week as BTC rally above $85,000 revived treasury trade
Bitcoin treasury companies Strategy and Strive acquired approximately $183 million worth of BTC last week, with Strategy Inc. purchasing 950 BTC for $75.7 million between Sept. 14 and Sept. 20, and Strive Inc. buying 1,355 BTC for $107.7 million between Sept. 14 and Sept. 18. This comes as Bitcoin surged above $85,000 on Monday, its highest level since January, extending a recovery of almost 30% from its August lows and helping corporate balance sheets recover losses.
12:15
Meme Coin Trading Platform GMGN Launches Public Beta for Perpetual Trading, Supporting BTC/USDC, ETH/USDC and More
GMGN, one of the largest meme coin trading platforms, has launched the public beta of its perpetual trading product, co-founder Haze said. The platform currently supports markets including BTC/USDC, ETH/USDC, SNDK/USDC, SOL/USDC and ZEC/USDC. Liquidity is provided by third-party market makers, with fees set at 0.045% for takers and 0.015% for makers. GMGN also offers a mechanism providing a 3.5% annualized return on account funds and plans to introduce promotional trading credits for perpetuals.
12:15
The Federal Reserve's preliminary SVB report has not been publicly released, requiring journalists to register for access; the current head of the Fed's supervision department previously served as an executive at the law firm reviewing the report, raising conflict of interest concerns.
Journalist Nick Timiraos tweeted that the Federal Reserve's preliminary report on Silicon Valley Bank (SVB) has not yet been made public through official Fed channels, and he had to register for a non-paid subscription to the Starling research portal to access it. Additionally, Kyle Campbell reported on Friday that the co-head of Davis Polk's financial institutions practice stated she had reviewed a copy of the report before its public release. Notably, the current head of supervision at the Federal Reserve, until May 2025, was previously the head of the same financial institutions practice at Davis Polk. He left that role to become a senior advisor to Bowman.
12:14
Trump reportedly halted airstrikes against Houthis after attacks on Saudi oil facilities.
According to US officials, US President Donald Trump temporarily halted airstrikes against Yemen's Houthi rebels at noon on September 20 local time, after US military aircraft had already completed munitions loading. The day before, Houthi rebels announced they had successfully attacked "sensitive targets" in the Saudi Arabian capital Riyadh and Saudi Aramco facilities in Yanbu, claiming large-scale fires in the target areas. The Houthi control over Yemen's Red Sea coast has effectively blocked Saudi Arabia's alternative oil export route bypassing the Strait of Hormuz, forcing Saudi Arabia to significantly increase oil shipments through the Strait of Hormuz. US retail diesel prices hit a new record on Monday, surpassing $6.51 per gallon.
12:14
Ant Group adjusts Alipay's organizational structure: merging three major business segments, with Wu Minzhi appointed as president of the new business group, focusing on intelligent agent commerce.
Ant Group CEO Han Xinyi issued an all-hands letter on September 21, announcing organizational adjustments and personnel appointments for Alipay. According to the adjustments, the Alipay Business Group, Digital Payment Business Group, and Zhima Credit Business Department will merge to form a new Alipay Business Group. Wu Minzhi will serve as the president of the new business group and continue to hold the position of CPO at Ant Group. This adjustment aims to further advance the intelligent agent business layout, integrate platform operations, digital payments, and credit services, and strengthen user service and merchant operational capabilities.
12:13
Musk retweeted a SpaceX post, stating that the first Starship orbital launch, carrying Starlink V3 satellites for operation, will take place within 7 days.
12:11
The Nasdaq Composite Index rose 1.88% intraday, now at 27,019.97.
12:11
Elon Musk retweeted a Starlink post: Next-gen Starlink V5 released, smaller, lighter, more energy-efficient, with speeds up to 375+ Mbps.
12:11
NVIDIA published a statement emphasizing that the large-scale deployment of physical AI requires integrating safety into every layer, projecting that the number of autonomous vehicles and industrial robots deployed will reach tens of millions by 2035.
NVIDIA stated in its official blog that physical AI is rapidly moving from research to large-scale deployment. ABI Research expects the installed base of L3-5 autonomous vehicles to reach 49 million by 2035; Omdia estimates that approximately 60 million industrial robots will be deployed between 2026 and 2035. The article emphasizes that as these machines enter environments shared with humans, such as roads, factories, and warehouses, safety must be extended. It requires demonstrating that AI-powered machines can operate safely in physical actions, which necessitates ensuring safety at every level of hardware, software, AI, operating environment, and deployment lifecycle, rather than a one-time check. NVIDIA's Halos is its full-stack safety system built for physical AI, designed to help developers engineer safety at every level of design, verification, and deployment.
12:10
NVIDIA Highlights Egypt's Rapidly Growing AI Ecosystem, With Over $2.3 Billion in Data Center and AI Factory Investments Across Africa
NVIDIA emphasized the rapid growth of Egypt's AI ecosystem at a reception in the Grand Egyptian Museum, showcasing local AI natives, developers, researchers, startups, and enterprises. The company noted that the NVIDIA Deep Learning Institute's learner base in Egypt grew tenfold in one year, and Nigeria has become its second-largest market globally. Across Africa, four AI factories have been announced or brought online within a year, with another 656 megawatts of new capacity in the pipeline. Key investments include an estimated $400 million for a new data center in Egypt by Hassan Allam Utilities and A15, up to $720 million by Cassava Technologies for AI factories across several African nations, and a $1.2 billion initial investment for the Nexus AI factory in Morocco by Nexus Core Systems in collaboration with the Moroccan government.
12:09
The Wall Street Journal Opinion: Fractional Reserve Banking Is Dangerous
A Wall Street Journal opinion piece argues that the "on-demand withdrawal" system of fractional-reserve banks is inherently fragile and high-risk.

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