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9/23
14:45
Trump and Xi to meet this week amid U.S. auto industry warnings over Chinese automakers' market access
President Donald Trump is scheduled to host Chinese President Xi Jinping on Thursday and Friday, with U.S. automakers and lawmakers urging the administration to maintain restrictions on Chinese vehicles and manufacturers. Industry experts warn that allowing Chinese automakers, such. as BYD, into the U.S. market could be a “Pandora's box,” potentially overwhelming the domestic industry. Chinese brands' global market share jumped nearly 70% from 2020 to 2025, reaching 12% in the EU by August from virtually nothing in 2020.
14:44
Protos reports that HTX misrepresented USDS and USDD quantities in its September Proof of Reserves.
According to Protos, Justin Sun's HTX exchange claimed to hold 360,949.90 USDS at a certain address in its September Proof of Reserves (PoR), but the address actually held 0 USDS at the block height corresponding to the PoR date (September 1). Additionally, HTX misrepresented its USDD holdings, claiming 44,975,772.00 USDD when the actual amount was 44,886,000 USDD. Protos noted that HTX had a similar issue in its May PoR, confusing the disclosure of different assets.
14:33
Hassett states Warsh is managing an unusually partisan Federal Reserve
14:32
Former White House economic advisor Hassett questions the Federal Reserve's rate hike decision
14:29
Coinbase CEO Brian Armstrong announced that the platform has launched an IPO trading channel, with Oura Ring as the first project, aiming to allow US retail investors to participate in the primary financial market.
Coinbase CEO Brian Armstrong stated that IPO allocations are typically limited to institutions and a select few wealthy individuals, and Coinbase aims to change this. The launch of IPO trading access, allowing U.S. retail customers to participate in the primary financial market, is a significant step for Coinbase in building an "Everything Exchange," aiming to provide a trusted platform for trading any asset at any stage of its lifecycle.
14:29
Hack VC deleted an X post following the death of its former employee, Zhuang Xinru.
Crypto venture capital firm Hack VC previously deleted an X post regarding a dispute with former employee Hsin-Ju Chuang. Chuang had previously accused Hack VC partners of serious misconduct. Hack VC co-founder and managing partner Alexander Pack posted on Wednesday to mourn Chuang, expressing shock and sadness at her passing, but stated that the company had not been in direct contact with her for over 10 months and was unaware of the cause of her death. Hack VC told Protos that the post was deleted because the tone of public conversation had become increasingly hostile, and the firm did not want its content to further attract attention or negative sentiment.
14:27
The U.S. Securities and Exchange Commission (SEC) released its latest market statistics, showing a significant increase in the number and fundraising amount of initial public offerings (IPOs).
The U.S. Securities and Exchange Commission's (SEC) Division of Economic and Risk Analysis (DERA) released updated statistics and visualizations covering key areas of the U.S. capital markets, highlighting an increase in both the number and proceeds of initial public offerings (IPOs).
14:21
Bentley unveils its first all-electric luxury SUV, featuring Merino wool interior.
Bentley Motors, a subsidiary of Volkswagen Group, has unveiled its first all-electric luxury SUV, featuring interiors crafted from pure Merino wool. This move aims to boost profitability and establish a strong foothold in the high-end electric vehicle market.
14:10
Hut 8 wins bid for Poolin’s Texas data centers with $140 million offer
The proposed acquisition would add two Texas sites to Hut 8’s expanding AI infrastructure portfolio.
14:07
White House Crypto Advisor Defends Trump's Crypto Ties, Citing Agreement to Unprecedented Restrictions
White House crypto advisor Patrick Witt defended Donald Trump's cryptocurrency ties, accusing Democrats of politicizing the issue and revealing that Trump had previously agreed to unprecedented crypto restriction clauses. Witt stated that the Senate's failure to pass the Digital Asset Market Clarity Act last week was partly due to banking lobbyists' concerns that stablecoin rewards would compete with bank deposits.
14:05
Anthropic announced that its AI model Claude discovered a novel enzyme system with CRISPR-like DNA repeats.
14:02
58.48 million USDC (approximately $58.48 million) burned on-chain.
A single burn transaction of 58,482,627 USDC occurred on the USDC contract. The transaction hash is 0x00bfb26205599aa151c4a14a9cd798314b2f39cdd67b14e2350b10f23fd22825.
14:02
OpenAI brings voice-based agentic features to ChatGPT mobile app
OpenAI announced on Wednesday that it is bringing voice-based agentic features to its ChatGPT mobile app. Plus and Pro users will be able to use the Work tab on their phones to trigger workflows such as drafting documents, summarizing emails, building sites, and creating presentations. Free and Go users will gain access to plugins and connected apps. This rollout extends capabilities previously integrated into the desktop app in July with the GPT-Live conversational model.
13:57
An Israeli committee has banned the main Arab party Ra'am from participating in next month's elections.
The Financial Times reported that the committee's move was politically motivated, driven by a concerted push from allies of Israeli Prime Minister Benjamin Netanyahu.
13:51
Arnault family plans to change LVMH holding structure to ensure control
Bernard Arnault and his family intend to simplify the structure of the companies holding LVMH Moët Hennessy Louis Vuitton SE, a move aimed at ensuring the continuity of their control over the luxury group.
13:44
Coinbase stock tokens' $1 billion trading volume masks hidden liquidity risks, as $100,000 sales show up to 0.71% price deviation
Coinbase stock tokens' $1 billion trading volume masks hidden liquidity risks, as $100,000 sales show up to 0.71% price deviation. A September 23 premarket check found that individual $100,000 sales across ten tokens on Base were priced 0.06% to 0.71% below KyberSwap's own dollar valuation. The combined displayed balances for these tokens were only $12.97 million, suggesting limited capacity to absorb a broad selloff, particularly outside US equity hours.
13:43
Charity Manifund faces "catastrophic consequences" for hiring former Alameda CEO Caroline Ellison, with its CEO stating it could lead to the organization's demise.
Charity organization Manifund is facing "catastrophic consequences" due to its hiring of former Alameda Research CEO Caroline Ellison, Manifund CEO Austin Chen posted on X on September 12, stating that the move could lead to the end of Manifund. Zachary Robinson, CEO of the Centre for Effective Altruism (CEA), said that Manifund "has not yet earned the community's trust," and CEA will stop providing a platform for Manifund through its projects for the foreseeable future.
13:43
Reports that the White House is considering a ban on diesel exports are "fake news," a White House official said.
13:40
Senate Banking Democrats call for prediction markets hearing, citing private GOP meetings with Kalshi
Every Democrat on the Senate Banking Committee is urging its chair, Sen. Tim Scott, to hold a congressional hearing on prediction markets, stating that these discussions should not happen 'behind closed doors' given that Republicans have already met privately with Kalshi.
13:38
United States EIA Crude Oil Stocks Change
★★★★★Previous -0.64M bblForecast -0.6M bblActual +2.97M bbl Above forecast↑
13:31
The 10-year U.S. Treasury yield rose by approximately 16 basis points today, now at 5.13%.
13:17
Bitcoin Magazine analysis suggests viable quantum computers could emerge within a decade, posing a potential threat to Bitcoin's network.
The analysis highlights significant progress in quantum computing, including a 10x reduction in physical qubits needed for logical qubits due to improved error correction, and Google's experimental verification of reduced error rates with increased physical qubits. Artificial intelligence is also playing a growing role in decoding quantum information and designing quantum circuits, potentially accelerating breakthroughs.
13:17
The 10-year U.S. Treasury yield rose by approximately 15 basis points today, now at 5.12%.
13:17
AI Bull Dan Ives Launches AI-Focused Closed-End Fund to Invest in Private Companies
Artificial intelligence bull Dan Ives is starting a closed-end fund to bet on private companies, joining a rush of firms offering stakes in hot startups to public market investors.
13:13
JR Kyushu, a Japanese railway company, is partnering with SBI to offer financial services, including cryptocurrency, through an application.
Japan Railways Kyushu (JR Kyushu) has partnered with online brokerage group SBI Holdings to offer banking, securities, and cryptocurrency services to passengers via an app, marking the railway operator's expansion into financial services.
13:08
Syrian President Bashar al-Assad called on Israel to withdraw its forces at the UN General Assembly, warning that its attacks endanger Syria's post-war recovery and reiterating that the Golan Heights are Syrian territory.
Syrian President Ahmed al-Sharaa addressed the United Nations General Assembly, calling for Israel to withdraw from internationally recognized Syrian territory and condemning Israeli actions for undermining Syria's security and postwar reconstruction process. He said, "Israel is launching attacks against Syria. There have been 500 air strikes, more than 1,200 incursions, and 300 detentions." He also stressed that the Golan Heights "will remain Syrian territories."
13:08
US diesel futures sink over 7% to intraday low, while European diesel futures surge over 7% to session high.
13:07
U.S. 5-year government bond yield rises to 5% for the first time since 2007.
13:07
Politico reported that the White House is preparing to implement a 90-day ban on diesel exports, causing the US diesel crack spread to plummet by $12.70 to $97.85/barrel.
U.S. diesel crack spreads plummeted by $12.70 to $97.85/barrel following a Politico report that the White House is preparing to implement a 90-day ban on diesel exports. In response, gasoline crack spreads rose by $2 to $47.41/barrel, reflecting market concerns that declining diesel margins could force refiners to cut production, leading to tighter gasoline supply. Concurrently, European diesel crack spreads also increased, as the market has already priced in expectations of reduced U.S. diesel exports.
13:07
The Russell 2000 index fell 1.51% intraday, now at 2,846.25.

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