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9/26
15:12
CFTC Sues Cash FX for Alleged $950 Million Crypto Forex Scam
The U.S. Commodity Futures Trading Commission (CFTC) has accused Cash FX Group of defrauding investors of $950 million through a cryptocurrency foreign exchange scam. The CFTC alleges that Cash FX conducted minimal forex trading and misappropriated most of the participants' funds.
15:04
Korea National Diplomatic Academy President Kim Heung-kyu: China's global ambitions and tech rivalry with US raise stakes for Korea
Kim Heung-kyu, president of the Korea National Diplomatic Academy, made this assessment in a keynote speech at a seminar hosted by the China Capital Market Society, stating that China’s rise is reshaping the global power structure, economic order, and technological landscape, leading to deeper strategic competition with the US.
14:25
Marvell Executive: AI Compute Expansion Hits Bottleneck, Optical Interconnect and Memory Expansion Critical for Next Phase
Marvell executives recently stated at the Six Five Summit 2026 that the AI hashrate race is evolving from a chip-centric competition to a system-level game. Copper interconnects are nearing their performance limits, and memory demand is rapidly expanding due to inference models. Company executives Will Chu and Dave Lazovsky indicated that optical interconnects and memory expansion technologies (such as photonic fabric memory and CXL) are becoming core variables for the next phase of hashrate expansion. They project global data center infrastructure cumulative capital expenditure to reach $4 to $5 trillion between 2025 and 2030. Marvell is advancing Near-Package Optics (NPO) and Co-Packaged Optics (CPO) solutions, emphasizing that their analog SerDes technology can reduce power consumption by approximately 4 times and overall energy consumption by over 25%. The company is also addressing memory bottlenecks through high-density SRAM IP, 3D stacking, and photonic fabric memory devices. The latter can provide an external memory pool of 32TB within an independent rack space, enabling independent expansion of memory capacity and bandwidth.
14:05
US and China agree on tariff relief for $30bn of nonsensitive goods each
The White House announced late Friday that the U.S. and China have agreed on recommendations for "more favorable tariff treatment" covering $30 billion of nonsensitive products traded in each direction, following a summit between President Donald Trump and President Xi Jinping in Washington.
13:39
U.S. Ambassador to Israel Jack Lew attributed the decline in American public support for Israel to "insufficient biblical literacy."
Huckabee told NewsNation in an interview on Thursday that the deterioration of American public opinion toward Israel stems from a lack of "biblical literacy." He cited three reasons for the decline in support: misinformation and foreign propaganda, animosity toward theists, and a lack of understanding of the Bible. A Pew Research survey in April showed that 60% of American adults hold negative views of Israel.
13:27
According to SoSoValue data, Bitcoin spot ETFs saw a net inflow of $134 million on September 25 (EST), marking seven consecutive days of net inflows; Ethereum spot ETFs recorded a net inflow of $86.95 million on the same day, marking six consecutive days of net inflows.
According to SoSoValue data, Bitcoin spot ETFs saw a net inflow of $134 million on September 25 (ET), marking seven consecutive days of net inflows. Ethereum spot ETFs recorded a net inflow of $86.95 million on the same day, extending their net inflow streak to six days. Among them, BlackRock's IBIT led Bitcoin ETFs with $96.99 million, while Fidelity's FBTC had a net inflow of $49.32 million. For Ethereum ETFs, BlackRock's ETHA and ETHB attracted $50.37 million and $31.88 million, respectively.
12:36
Morocco's PAM wins most seats in parliament election but falls short of majority, needs coalition
Morocco’s Authenticity and Modernity Party (PAM) won 97 of the 395 seats in the House of Representatives, falling short of the 198 seats needed for an outright majority, according to final results announced by the Ministry of Interior on Friday. The party will need to build a coalition with other parties to govern. The incoming government will oversee billions of dollars in investment as Morocco prepares to cohost the 2030 World Cup.
12:32
XRP Ledger's Batch upgrade slips to Oct. 9 after validator support briefly fell below 80% threshold, resetting activation clock
The Batch feature allows users to bundle up to eight transactions, such as asset and payment transfers. Its activation was delayed from Sept. 29 as validator support briefly dropped below the required 80% threshold, restarting its two-week countdown. The corrected upgrade, BatchV1_1, regained support on Sept. 25, setting its earliest activation for Oct. 9. Another upgrade, PermissionDelegationV1_1, also saw its activation pushed from Oct. 5 to Oct. 8 due to similar support issues.
12:19
Bitget announces phased withdrawal resumption from September 28, following September 24 security incident vulnerability fix
Bitget stated that the vulnerability involved in its September 24 security incident has been identified and fixed. Withdrawals are set to resume in phases after security checks are completed, with BTC on September 28, ETH on September 29, USDT on September 30, and other tokens, fiat and P2P services on October 2, all at 08:00 UTC. Bitget confirmed user account balances remain unaffected, and its Protection Fund will cover the financial impact. Trading and deposits remain operational, with Mandiant and SlowMist assisting the investigation.
12:19
Lookonchain: Bitget hacker withdrew $1.23M from Binance
Blockchain analytics firm Lookonchain reported that wallet 0x4885 withdrew 257.6 ETH ($692K) and 545K USDT from Binance. The 545K USDT was then swapped for 200.2 ETH, and all 457.9 ETH ($1.23M) was transferred to the Bitget hacker's wallet approximately one hour ago.
12:10
AI Agents on XRP Ledger Favor Ripple USD (RLUSD) Over XRP, While BlackRock Forecasts Trillions in Stablecoin Demand from Machines
Data from XRPL AI Hub indicates that autonomous AI agents using the XRP Ledger for settlements are increasingly opting for regulated stablecoins like Ripple USD (RLUSD) over native crypto assets such as XRP. This trend is driven by the machines' need for predictable costs, as XRP's price volatility can undermine their financial models. BlackRock's research note, "The Machine-Native Economy," highlights this shift, predicting that the traditional banking system cannot handle the millisecond micropayments required by autonomous software. BlackRock estimates the global stablecoin market has already surpassed $300 billion, with an annual transaction volume of $11.6 trillion, making stablecoins a fundamental unit of account for AI-driven transactions.
11:36
Billionaire Charoen's Asset World Targets $1 Billion REIT IPO
Thai billionaire Charoen Sirivadhanabhakdi's Asset World Corp Pcl (AWC) is aiming to raise at least $1 billion through a listing of its new Thai Real Estate Investment Trust (REIT). The company seeks funds to expand its hotel and commercial property business.
11:34
US and China establish Super Intelligence (SI) Dialogue and communication channel for SI incidents
The two countries established the U.S.-China Super Intelligence (SI) Dialogue to exchange views on risks and benefits related to SI, with the next exchange scheduled by November 2026. They also agreed to establish a bilateral communication channel for SI incidents.
11:34
China to import at least 10 million metric tons of US coal annually in 2027-2028
Following President Trump’s revival of the U.S. coal industry, China will import at least 10 million metric tons of coal from the United States in 2027 and again in 2028.
11:18
Shiba Inu (SHIB) short-term activity surges 351% in 8 hours, signaling high volatility
Shiba Inu's short-term activity metric saw a 351% increase in just eight hours, indicating a new period of extreme volatility for the token. This spike occurred shortly after SHIB was rejected from above $0.00000620. The price has since stabilized, currently trading around $0.00000589 after a recent decline towards $0.00000555. SHIB has also surpassed its 200-day moving average, which it had been below for months.
10:38
Swiss bank Sygnum offers bank-held trading collateral to Bitget institutional clients following $387.5M breach, while retail withdrawals remain frozen
Bitget announced a wallet breach on September 24, resulting in approximately $387.5 million in assets being transferred to attacker-controlled addresses. Withdrawals on the exchange remained suspended through September 25, with Bitget promising to announce a withdrawal plan or status by September 26 at 04:00 UTC. On the same day of the breach, Swiss bank Sygnum announced that Bitget's institutional clients could trade against collateral held at Sygnum, rather than placing it in Bitget's wallets. This arrangement aims to keep pledged assets in segregated accounts off the bank's balance sheet, reducing direct custody exposure to Bitget's own wallets and addressing concerns about collateral in case of exchange financial distress. For ordinary Bitget retail users, balances remain dependent on the exchange's own controls and user protection fund, which Bitget stated was worth over $464 million.
10:24
Goldman Sachs: U.S. stock market concentration has climbed to historical extremes, with 10 TMT companies in the S&P 500 reaching trillion-dollar valuations.
Goldman Sachs Chief Technology Analyst Pete Callahan noted that there are now 10 U.S. TMT companies in the S&P 500 with market capitalizations exceeding $1 trillion, whereas just three years ago, at the beginning of the AI cycle, this number was only three.
10:24
Goldman Sachs Analysis: The AI Agent wave and rising US Treasury yields are tearing apart US equities; long-equity holders are advised to simultaneously short US Treasuries to hedge risk.
Tony Pasquariello, head of global hedge fund sales at Goldman Sachs, characterized the current situation as a "frustrating game of cat and mouse" between equity and interest rate markets. He noted that this week, Meta's release of its AI Agent model, Muse, propelled the Nasdaq 100 to become the strongest-performing major equity index, with Meta's market cap surging by $220 billion in a single week to reclaim the $2 trillion mark. However, concurrently, U.S. Treasury yields continued to rise, pushing interest-rate-sensitive assets lower, with the Russell 2000 significantly lagging and the S&P 500 oscillating around 7700 points. Excluding AI-related stocks, the S&P 500 actually fell by approximately 1% this week. Pasquariello suggested that if one insists on holding long equity positions, it is necessary to simultaneously short U.S. Treasuries to hedge interest rate risk.
10:24
Meta released its AI Agent model, Muse, with its market cap surging by $220 billion in a single week, returning to the $2 trillion mark.
Meta's release of its AI Agent model, Muse, became the biggest market catalyst this week, driving the Nasdaq 100 to be the strongest-performing major stock index and leading a broad rally across the entire AI industry chain.
10:03
"AI Ring" maker Oura's IPO is oversubscribed by approximately 4x, aiming to raise up to $2.2 billion with a valuation of $14.1 billion.
Smart ring maker Oura's initial public offering (IPO) has been oversubscribed by approximately four times, amidst a volatile U.S. IPO market. The company and some shareholders plan to issue a total of 50 million shares at a price range of $40 to $44 per share, aiming to raise up to $2.2 billion. At the upper end of the offering price, the company's market capitalization would reach $14.1 billion. The IPO is scheduled to be priced on September 29, and the shares will be listed on the Nasdaq Global Select Market under the ticker symbol "OURA." Underwriting banks are expected to close the order book for investors by Monday afternoon.
09:29
Vitalik Buterin reposts nero_eth's tweet, highlighting Glamsterdam's snap v2 technology to enhance Ethereum node synchronization speed and simplicity
Vitalik Buterin reposted nero_eth's tweet, highlighting Glamsterdam's snap v2 technology to enhance Ethereum node synchronization speed and simplicity. According to nero_eth, snap v2 utilizes the Block-level Access List (essentially a state diff) to replace the traditional healing phase, making node synchronization faster and simpler. Clients are ready for Glamsterdam, promising a smoother syncing experience.
09:15
On Friday, the 30-year U.S. Treasury yield surpassed 5.5%, reaching its highest level since 2004, diverging from the day's decline in oil prices.
According to Wallstreetcn, the 30-year US Treasury yield rose by as much as 5 basis points to 5.53% during Friday's trading, closing above 5.49%, marking a new high since 2004. Meanwhile, the benchmark US West Texas Intermediate crude oil futures closed down 2.3% on the day at $92.41 per barrel, showing a clear divergence between long-term Treasury yields and oil prices. Analysis indicates that this round of long-term yield increases lacks clear technical resistance levels, and market concerns about persistent inflation and the Federal Reserve's tightening path have not dissipated, providing upward support independent of oil prices.
09:11
Lookonchain reports: Newly created wallet 0xbe51 withdraws 428,640 HYPE ($39.23M)
A newly created wallet, 0xbe51, has withdrawn 428,640 HYPE ($39.23M) from Bybit, Kraken, Wintermute, Gate, and OKX over the past 8 hours.
09:05
China's InnoCare Pharma and US pharmaceutical giant Eli Lilly enter strategic research collaboration and licensing agreement potentially worth up to US$3.35 billion.
08:54
Report: Trump Rejects Iran's 7-Day Ceasefire Proposal, Bombing Expected to Resume After Midterm Elections
According to the latest information from US officials cited by Wallstreetcn, Donald Trump has rejected Iran's proposed 7-day ceasefire plan and told aides that he expects to resume bombing operations against Iran after the November midterm elections. Iran's ceasefire proposal included conditions such as reopening the Strait of Hormuz and restarting nuclear negotiations in exchange for the US lifting its blockade of Iranian ports. Trump privately expressed skepticism about Iran's ability to meet his demands. This move indicates that the seven-month US-Iran conflict is escalating towards hostility, which will continue to influence global commodity markets and oil prices.
08:38
U.S. diesel prices are nearing the record high of $6.50, with the White House weighing a tax holiday and easing "red diesel" regulations, while an export ban remains under evaluation.
According to Bloomberg, as cited by Wallstreetcn, U.S. retail diesel prices are currently stable at around $6.5 per gallon, near historical record levels. The Donald Trump administration is weighing several intervention measures to curb price increases, including suspending the federal fuel tax, easing "red diesel" regulations, and evaluating a diesel export ban. Vice President Vance has urged action, and Energy Secretary Wright is negotiating with refineries to seek "voluntary reductions" in exports. Governors of Louisiana, Alabama, and Nebraska have already taken action, suspending penalties for off-road diesel use or offering tax refunds. However, federal-level policy decisions are not yet imminent, with internal debates ongoing. The tax suspension plan faces resistance due to the congressional recess, biofuel exemptions have been rejected, but the export ban option remains on the table, with some refineries already including protective clauses in their contracts to address potential risks.
08:36
AlphaFi Winds Down After Oracle Error, With Sui Foundation Support
New deposits and loans are disabled, while Slush users are told to exit four strategies with immediate withdrawals.
08:19
Vitalik Buterin suggests integrating 100+ GB of local Wikipedia, Gutenberg, and science articles into Ethereum clients, and prioritizes eliminating centralized IPFS pinning services
Vitalik Buterin suggests integrating 100+ GB of local Wikipedia, Gutenberg, and science articles into Ethereum clients, and prioritizes eliminating centralized IPFS pinning services. He also asks what other data could be included, noting that getting rid of centralized pinning services in IPFS is high on his priority list. This follows a discussion about local AI potentially increasing local node users by requiring significant disk space for data rather than extensive compute.
08:03
Vitalik Buterin: The next step for kohaku-cli is to more properly integrate privacy protocols; some alpha work has already been done, with more coming soon
08:03
Vitalik Buterin increasingly favors avoiding browser dapps entirely, opting for command line operations, and successfully updated his ENS record via local script and node

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