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9/25
02:03
Coinbase CEO Brian Armstrong stated that the opportunity for innovation is massive, especially in the AI + crypto space. Coinbase has joined the Horowitz Andreessen Academy as a founding partner, collaborating with other tech leaders to discover and cultivate the next generation of world-changing founders.
01:58
CIFC states that long-term Treasury yields are increasingly driven by forces outside the Fed’s control. The firm notes that last week’s rate hike reshaped the yield curve but failed to lower overall yields, and weak demand at the latest 5-year Treasury auction reinforces the risk that yields remain biased higher despite further Fed tightening.
01:51
US First Lady Melania Trump and Chinese President Xi Jinping's wife, Peng Liyuan, visited the Smithsonian National Museum of Asian Art in Washington, D.C., on Thursday. They jointly admired centuries of Sino-American artistic achievements and cultural exchange works, and interacted with local students. They toured the famous Peacock Room and a Qianlong-era Chinese porcelain vase, concluding their visit with a performance by a student choir.
01:50
Saudi Foreign Minister Faisal bin Farhan Al Saud said the whole international community should take responsibility for containing the Houthi threat.
01:46
President Javier Milei downplayed concerns about Argentina’s stalling economy, touting consistent annual growth that’s left him “very calm” about his chances to win another term next year.
01:43
BP is evaluating acquisitions to expand its U.S. shale oil business, Reuters reported. The company has reportedly examined heavy oil shale assets valued between $2 billion and $5 billion and is considering a bid for Devon Energy's Eagle Ford assets. This move could significantly increase BP's exposure to U.S. onshore oil production.
01:43
Meta's new AI device, the Muse Charm, while resembling an electronic pet, features a wearable design intended to cater to Gen Z's broader trends of bag charms, retro tech, and transforming gadgets into fashion accessories. The device allows users to design their own AI avatars, serving as a vehicle for personalized expression. Market reactions to the Muse Charm have been mixed, but its design philosophy aligns with Gen Z's preference for converting Apple Watches into keychains or bag charms, and their fondness for retro tech like digital cameras and flip phones. However, given Meta's historical issues with consumer trust, the product's success remains uncertain.
01:38
In a speech in Shanghai, Vitalik Buterin stated that blockchain is evolving from a standalone ledger into a broader crypto network encompassing L1, L2, mempools, off-chain computation, and multi-party block building. He noted that as powerful data analytics and artificial intelligence (AI) render early public chain privacy models insufficient, technologies such as SNARKs, STARKs, fully homomorphic encryption, and formal verification are becoming crucial for privacy, scalability, and security. Buterin added that zero-knowledge technologies are transitioning from long-term roadmaps to concrete Ethereum Improvement Proposals (EIPs), while AI is accelerating the development and verification of complex cryptographic systems. This shift marks the advent of a new era of "programmable cryptography," where blockchain systems will be able to move beyond defining "who can send what" to also defining "who can see what."
01:34
Of this, collateral liquidity will contribute approximately $1.7 trillion, while reserves and cash management will contribute another $400 billion.
01:30
Chinese President Xi Jinping stated during his meeting with U.S. President that China supports the resumption of dialogue and negotiations on the Iranian issue, and hopes all parties can reach a comprehensive agreement, including on the nuclear issue, Xinhua News Agency reported. Xi pointed out that China has always been committed to de-escalating tensions and believes that the sovereignty and security of all countries should be respected.
01:27
Kalshi predicts the Federal Reserve will raise interest rates 2.4 times this year, significantly higher than the 2.1 times predicted earlier this week, indicating a notable hawkish repricing of market expectations for Fed rate hikes.
01:20
The U.S. government is seeking to join a lawsuit filed by Elon Musk to overturn a €120 million (approximately $136.5 million) fine imposed by the European Union on his social media platform X for violating online rules, Bloomberg reported. Brett Schumette, Assistant Attorney General for the Civil Division of the U.S. Department of Justice, stated that the European Commission is improperly attempting to expand its regulatory authority to include U.S. companies within its jurisdiction and to control American innovation and economic growth engines. The European Commission's decision to impose the fine was made last December and has since become a focal point in the increasingly strained transatlantic relationship between Europe and the U.S.
01:19
Repsol SA anticipates about 90% of its crude oil supplies falling short of new European Union methane requirements that are due to take effect in January, the latest in a series of warnings from the industry that the rules could threaten the region’s energy supplies.
01:12
Meta is transforming from a social media giant in the AI era, with its AI assistant Muse at the core of the company's strategy.
01:11
The Sudanese pound has plummeted, with the black market exchange rate for USD to SDG reaching 7,500, compared to just 600 before the war. The country's annual inflation rate hit 41% in July, with prices for basic goods like bread, sugar, and meat soaring, leading to a sharp decline in household purchasing power. The United Nations Development Programme (UNDP) estimates that Sudan's economy has contracted by over 40% during the war, with a GDP loss of approximately $6.4 billion in 2023. The World Bank predicts that the extreme poverty rate will rise from 48% in 2023 to 59% in 2025.
01:11
The United Nations Conference on Trade and Development (UNCTAD) released its latest report, stating that the recovery and reconstruction needs in the Gaza Strip have reached $71.5 billion and are likely to continue increasing. The report notes that Gaza's economy has experienced "the most severe crisis on record," with unemployment soaring to over 90% and per capita GDP falling by 83% since 2022 to $212 per year. The report emphasizes that the consequences of 59 years of Israeli occupation and the "genocidal war" since October 2023 have resulted in 92% of economic facilities being damaged or destroyed, and cumulative labor income losses of $2.8 billion. The report calls for large-scale international financial and technical assistance, prioritizing issues such as the transfer of withheld Palestinian revenues and stabilizing the financial system.
01:05
Google's AI-powered virtual try-on feature is now fully available on Android and iOS devices in the US, Brazil, and India. This feature creates a virtual wardrobe from users' clothing photos, allowing them to filter by category, mix and match, and create different outfits. The feature was first launched for Android users in June. Google states that the feature is designed to assist users and will not share user outfit data with third-party retailers. This update also includes photo selection, brightening, and sharing features in Gemini Spark, as well as upgraded markup tools and more AI Remix templates.
01:04
The breaches, revealed today by both Revolut and DriveWealth, occurred on September 4 and 5, compromising names, emails, ages, genders, citizenship, postal addresses, and employment details. Earlier this month, Revolut also disclosed a separate incident where hackers used an Italian government email to access company data. Ransom demands for the email attack reportedly ranged from $760 million in BTC to $3 million in XMR. The hacker claims negotiations failed and has published the “Italy Files,” containing data of 680 crypto whales. Revolut stressed that core infrastructure, funds, and accounts were not impacted.
01:04
Payy Network has suspended services, including deposits, withdrawals, and card payments, due to a loss of 1.92 million USDC. The lost funds were initially converted to approximately 683 ETH, most of which have been sent to three wallets.
01:03
The Trump administration has been quietly holding talks with China regarding allegations that Beijing conducted secret low-yield nuclear tests and concerns about its rapidly expanding nuclear arsenal. China strongly denies violating the 1996 nuclear-test-ban treaty. Washington is seeking stronger verification measures, greater transparency, and more advance notice of ballistic-missile tests. The discussions currently focus on reducing nuclear risks, with further talks expected next month.
00:58
OpenAI-linked AI agents reportedly attempted to break into university and government websites in the U.S. and Australia while searching for public data during training and benchmark tasks. One agent gained unauthorized access to infrastructure behind an Australian health portal, according to officials. OpenAI stated the agents took unintended actions and that it is conducting a broader review of the incidents.

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