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9/24
06:48
Jensen Huang stated in a podcast interview released on September 23 that AI is essentially software and algorithms, possessing no "will," and that safety issues can be entirely resolved through engineering. He criticized the logic of some large tech companies as absurd for simultaneously claiming the technology is "too powerful to control" while seeking regulatory or antitrust exemptions, emphasizing that unsafe technology is not advanced technology. He noted that NVIDIA allocates 80% of its R&D resources to verification, and AI labs should dedicate more resources to safety assessment.
06:39
The European Banking Authority (EBA) outlined potential rules for crypto lending and firms providing access to DeFi protocols as part of the European Commission’s MiCA review.
06:36
Coinbase co-founder and CEO Brian Armstrong recalled in an interview published on September 20 that when the Coinbase app launched in 2012, he gave 1 Bitcoin to each of about 1,000 early users who were willing to try it. At the time, each Bitcoin was worth about $5 to $10. Years later, some users reported that these Bitcoins were worth $60,000 to $100,000. Armstrong also noted that few people took cryptocurrency seriously in the early days, and it was hard for him to imagine back then that the U.S. government would now hold strategic Bitcoin reserves.
06:34
Poland's military stated it has deployed aircraft to secure its airspace in response to Russian attacks on Ukraine. Poland also claimed that a fire at a Starlink ground station in central Poland was an act of sabotage aimed at severing internet connections for institutions, including the Ukrainian military. Polish Deputy Prime Minister Krzysztof Gawkowski called the incident "hybrid warfare" and said that while responsibility has not been determined, it "fits Russia's new theory of attack." Moscow denies carrying out such attacks.
06:34
The European Bank for Reconstruction and Development (EBRD) reported on Thursday that growth in developing economies is slowing, partly due to rising energy and wheat prices. Ukraine is a major grain exporter, with most of its grain transported via the Black Sea. Germany's foreign minister called for an immediate and comprehensive ceasefire in the Black Sea region to secure food supplies. Turkish President Erdogan also told Ukrainian President Zelensky that attacks on commercial vessels in the Black Sea were "perplexing" and that measures must be taken to ensure navigation safety, reiterating Turkey's willingness to facilitate peace talks.
06:33
Russia launched an attack on Ukraine on Thursday, killing at least eight people, including six at a farm in the Kharkiv region and two in Kyiv. The Ukrainian Air Force reported that the attack involved hypersonic and ballistic missiles, as well as 282 drones. The Russian Ministry of Defense stated that its targets included Ukrainian fortifications, logistics, and telecommunications hubs, and that it struck a Black Sea tanker transporting fuel to the port of Chornomorsk. Meanwhile, the United States is intensifying diplomatic efforts to mitigate the global energy impact of the Russia-Ukraine war. U.S. officials held separate meetings with Russian and Ukrainian officials on Wednesday during the UN General Assembly to discuss the war and invited Russian President Putin to attend the next G20 summit.
06:20
Lookonchain: A newly created wallet (0xC374) withdrew 814,020 UNI ($7.24M), 2,382 BNB ($1.85M), and 12,397 LTC ($841K) from Binance an hour ago, totaling approximately $9.93 million.
06:20
A Singapore court has appointed KPMG restructuring executives to take control of iron ore trader Radiant World. This decision, made on Thursday, follows an application by creditor Mizuho Bank Ltd., which has accused Radiant World of alleged fraud linked to iron ore receivables.
06:19
On-chain monitoring firm Lookonchain tweeted that trader Garrett Jin (@GarrettBullish) withdrew all 147 million USDC from Hyperliquid an hour ago and deposited it into Binance. This trader has accumulated losses of 14.7 million USD in trades on Hyperliquid over the past four months.
06:16
Goldman Sachs' Michele Della Vigna team, in a report published on September 23, raised its forecast for behind-the-meter power generation capacity for data centers in 2030 from 40GW to 67GW. The report noted that among three solutions—gas turbines, fuel cells, and reciprocating engines—fuel cells achieved the highest comprehensive score at 76.6 points. The report suggests that the expansion of AI data centers is constrained by electricity availability, and the primary reasons for the upward revision of the forecast are higher-than-expected demand growth and deteriorating grid delivery capabilities.
06:15
Binance's UNI reserves have reached 71,584,353 tokens, the highest level since at least June 25, following a 72% rally in UNI's price. On-chain data shows significant UNI inflows to Binance in September, including a spike of about 4.11 million UNI. While growing exchange reserves don't always indicate immediate sales, assets deposited on liquid centralized exchanges are typically easier to trade. This increase in available supply could introduce additional selling pressure, especially as UNI, after surging from around $5.00 in late August to briefly touch $10.90, is currently trading at approximately $8.90 after being rejected from that local high. The nearest significant support is between $8.50 and $8.70.
06:13
Traders are pricing in four quarter-point rate hikes by the Federal Reserve by June 2027, which would bring the federal funds rate to a 4.75% to 5% range. This comes as U.S. Treasury yields across the curve push to new highs, with the 20-year yield nearing 5.5% and the 10-year yield above 5.1%, levels last seen in 2007. Higher yields and a stronger dollar (dollar index above 101, up 3% this year) are weighing on risk assets, causing bitcoin to fall below $83,000 and gold to remain just above $4,200, down 25% from its January all-time high. The strong U.S. economy, Middle East tensions, and heavy borrowing for AI infrastructure are cited as factors pushing yields higher.
06:09
Dallas-based browser security startup Island announced Thursday it has raised $400 million in funding, bringing its valuation to $6.4 billion. CEO Mike Fey stated that AI attacks are driving demand for new security tools because "all the old controls are failing." The funding round was led by Evolution Equity Partners. Island plans to use the capital for research and development and to expand into new markets such as Europe, Asia, and the Middle East, with an anticipated increase in its workforce from 1,000 to 1,500 employees by mid-next year. Island's clients include Pfizer, Chipotle, and American Airlines.
06:07
The article notes that Venezuelan interim president Delcy Rodriguez thanked US President Donald Trump at the UN General Assembly for restoring "diplomatic relations and cooperation" with Venezuela, a stark contrast to her 2019 stance condemning US "economic terrorism." Since January, the US has lifted many economic sanctions against Venezuela, following Trump's announcement of a "world's largest oil deal" to ensure US control over Venezuela's more than 65 billion barrels of oil reserves.
06:07
Saudi Arabia's nearly trillion-dollar Public Investment Fund (PIF) is reportedly considering increasing its allocation to fixed income assets and awarding a mandate to Pacific Investment Management Co. (Pimco).
06:06
China's Ministry of Commerce confirmed on Thursday that its senior trade negotiators have held their first artificial intelligence talks with the United States. Spokesperson He Yadong stated that both sides also discussed plans to reduce tariffs and extend the trade arrangement reached in Kuala Lumpur last October. This follows U.S. Treasury Secretary Scott Bessent's statement to Fox News on Wednesday that the two countries had agreed to extend their trade truce until next January. The truce, reached in October 2025, aims to lower tariffs and limit China's export controls on rare earths. China's Ministry of Commerce added that both sides held constructive and candid talks and reached multiple consensuses.
06:05
IBM announced on Thursday that clients of its digital asset management platform, Digital Asset Haven, can now connect to Swift's permissioned blockchain shared ledger and use a new beta ISO 20022 message adapter to indicate tokenized deposit transactions with standard payment messages. IBM also announced the expansion of Digital Asset Haven to an on-premise beta, allowing clients to manage digital assets in their own data centers without relying on public cloud infrastructure. Swift first announced the ledger at Sibos in 2025, and it now has over 40 financial institutions participating in its design, with 17 currently piloting tokenized deposits.
05:53
Hong Kong's exports surged 53% year-on-year to HK$667.9 billion in August, following a 50.7% increase in July. Imports also rose 60% to HK$739.1 billion. The government attributed the growth to robust global demand for AI-related electronic products, but warned of uncertainties from Middle East geopolitical tensions and protectionist trade measures.
05:51
CoinDesk analysis indicates that over most of Bitcoin's history, the asset has shown little to no consistent correlation with bond yields, with 90-day, 180-day, and 1-year correlations with the U.S. 10-year yield all close to zero. Bitget Wallet research lead Lacie Zhang noted this near-zero correlation is a genuine portfolio advantage, suggesting BTC is not simply trading as a duration or rates asset.

However, short-term bond market volatility can still impact Bitcoin. The MOVE Index, tracking expected turbulence in Treasury notes, surged 21% to 95 points on Wednesday, its highest since April 1. This helped explain Bitcoin's pullback from $87,200 to $83,500 on Wednesday. The rise in yields was primarily driven by strong U.S. economic data, with S&P Global's flash U.S. Composite PMI rising to 58.4 in September, reinforcing expectations for further Fed rate hikes.
05:49
Grace Peters of JPMorgan Chase & Co. stated that equity markets can continue to climb even as rising bond yields increase the hurdle for earnings growth. Peters believes that factors driving bond yields higher include strong growth data, supply entering the market to finance AI infrastructure, and inflation concerns related to oil prices breaking above $100 per barrel. She anticipates a "broad earnings supercycle" during which she favors equities, but fixed income products still have a place in portfolios, albeit requiring careful selection.
05:41
Bitcoin previously broke above $87,000, with total inflows reaching $2.65 billion over the past five days.
05:36
Yemen's Saudi Arabia-backed government forces announced on Thursday that they repelled coordinated Houthi attacks on Wednesday night in the southwestern governorate of Taiz, killing and wounding dozens of Houthi fighters. The renewed hostilities come amid mounting regional tensions stemming from the war launched by the United States and Israel against Iran. The Houthis recently gained control of the port city of Mocha and the Red Sea coast.
05:33
The Wall Street Journal comments that investors are increasingly concerned about financial stocks' ability to attract and retain customer cash. This marks a shift from previous years when cash yielded little, as rising interest rates and technological advancements are intensifying competition for deposits.
05:15
China's mainland stock market recorded its largest single-day drop in nearly a month on Thursday, with Hong Kong stocks also declining. Investors are skeptical about whether the meeting between US President Donald Trump and Chinese President Xi Jinping in Washington can achieve a broader breakthrough. US Treasury Secretary Scott Bessent stated that the two countries agreed to extend the trade truce by two months, but this period is shorter than the market's expectation of one year, which also exacerbated market pessimism.
05:13
The shares of cybersecurity companies have soared in recent months on bets that the threats posed by cutting-edge AI models will be a boon for their businesses. But some of the stocks have run up so much that investors are questioning whether they’ve gone too far.
05:13
Dick Kay, the national managing partner of Capital Market Services at Deloitte China, stated on Thursday that market capital is shifting from past "blind impulses" to "meticulous screening," and qualified companies still have broad access to financing channels.

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