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9/28
18:37
Traders are starting to ramp up wagers against the pound ahead of the new UK government’s first budget, which is expected in a month’s time.
18:35
The Palestinian Commission of Detainees and Ex-Detainees Affairs on Monday condemned Israeli far-right National Security Minister Itamar Ben-Gvir after he released a video showing him in prison telling imprisoned Hamas member Hassan Salameh that he "wants to kill him." Raed Abu al-Hummus, head of the Palestinian Authority, called Ben-Gvir's actions "the pinnacle of depravity and corruption." Hamas stated that Ben-Gvir's threats "portend new crimes against Palestinian detainees." Ben-Gvir has previously made multiple threats against Palestinian prisoners and called for their execution. He has also called for Palestinians in Gaza and the occupied West Bank to "emigrate" and in July unveiled a seven-year plan called "Disengagement 710," aimed at relocating Gaza's approximately 2 million residents through "voluntary migration."
18:31
XRP Ledger's daily payments reached 1,143,754 on September 27, marking a significant increase in network activity that far surpasses the 30-day average of approximately 887,600. The surge is not attributed to a single isolated incident but rather a broader increase in XRP Ledger usage throughout September, supported by roughly 2.7 million total transactions, 17,800 active accounts, and a payment volume of nearly $400 million. The expansion of the ledger's liquidity infrastructure, with around 31,200 AMM pools, is also cited as a potential contributing factor.
18:24
According to The Verge, security researcher Rowan Howard-Jones revealed that between April and June of this year, an OpenAI agent sent over 16,000 scanning requests to the United Nations Conference on Trade and Development (UNCTAD) statistics website. After encountering obstacles in obtaining data, the agent independently sought ways to bypass restrictions, including attempting to conceal its activities and using Google XSS game as a springboard to complete its tasks. This incident exposes potential issues with permission boundaries that AI systems may encounter when autonomously executing tasks.
18:12
Key economic reports due this week are expected to further confirm the strengthening U.S. economy, bolstering the arguments of several Federal Reserve officials for higher interest rates, according to Bloomberg Markets.
17:53
In a September 28 livestream, Bitget CEO Gracy Chen stated that attackers exploited a zero-day vulnerability in a third-party security product to obtain internal credentials. They then used these credentials to access wallet backend systems, insert fraudulent withdrawal commands, bypass risk controls, and delete transfer traces. Chen added that private keys were not compromised and an inside job has been preliminarily ruled out. Bitget plans to release an incident report.
17:53
The Hong Kong Trade Development Council (HKTDC) on Monday substantially raised its annual forecast for export growth to between 42 percent and 47 percent, up from its June forecast of 20 percent. This revision is attributed to stronger-than-expected global demand for artificial intelligence-related technologies. Exports of electronics, which account for approximately 80 percent of the city's total, rose by 52.8 percent in the first eight months of this year. The council also cited improved China-US relations as a factor reducing tariff escalation risks.
17:53
Huawei's Harmony Intelligent Mobility Alliance (HIMA) launched three new car models on September 28. The Luxeed RX officially hit the market, priced between 259,800 and 389,800 yuan. The updated Luxeed R7 is priced from 239,800 to 319,800 yuan, with a 500 million yuan investment in this upgrade. Pre-sales for the Luxeed V8 have begun, starting at 329,800 yuan. This seven-seater model is available in both pure electric and extended-range versions.
17:53
Richard Yu, Huawei's Executive Director and CEO of the Consumer Business Group, stated on September 28 that AITO, as the first brand to partner with Harmony Intelligent Mobility Alliance, will be primarily operated by Seres in the future, with Huawei continuing to empower it. He explained that Seres has made significant progress and proactively proposed to take the lead. Concurrently, Huawei's team has been operating at an overload capacity for the past few years, and will now concentrate more R&D, quality, and testing resources on the other four brands—Luxeed, Stelato, Pinji, and Maextro—to refine product details and user experience. This move aims to alleviate Huawei's burden of deep involvement in each brand individually and to arrange division of labor according to each brand's growth stage.
17:52
JPMorgan Chase & Co. strategists believe the sector is poised to regain momentum, citing reduced crowding, strong earnings, and more realistic valuations.
17:47
The report indicates that as small language models improve in performance and decrease in cost, enterprise AI deployments may shift from centralized cloud to localized solutions. This could put pressure on the estimated $990 billion in combined cloud computing demand and data center capital expenditure projected for tech giants like Meta, Google, Amazon, and Microsoft by 2027. Recently, AI server utilization has been observed to drop by 26%, and Meta is actively seeking external clients to utilize its computing power, reflecting that utilization has become a new issue amid the rapid expansion of infrastructure supply.
17:39
Shares of Temasek-backed PB Fintech Ltd. plummeted on Thursday, wiping out $3.3 billion in market value, after India's insurance regulator proposed capping commissions and operating expenses, prompting traders to pile into leveraged bets.
17:38
The capital that's still in the market appears skewed toward bearish positions, with perpetual funding rates averaging minus 0.3% across major exchanges, indicating short sellers are aggressively paying to keep their bets open. This follows a 2% bitcoin price drop to $82,800 after President Donald Trump declined to rule out further strikes on Iran. Gold is also down 3% over the past 24 hours, trading around $4,150 an ounce, while the DXY index has climbed above 101, and U.S. 10-year Treasury yields are above 5.2%.
17:36
America’s trade hostility and the war in the Middle East could fuel a renaissance in Canada's energy sector, according to WSJ Markets.
17:17
Scammers created a fake version of the GIWA blockchain, tricking 1,333 wallets into depositing 767 Ethereum (worth approximately $2 million), which was then almost entirely stolen. The fake network impersonated GIWA's anticipated Ethereum Layer 2 mainnet and even used Chain ID 9134, which is associated with the planned launch. On-chain data shows that the attackers began preparations on September 26 and, after users deposited funds, changed the cross-chain bridge code, stealing 766 ETH in a single transaction. The DYORSWAP project has offered 40% compensation to victims who deposited less than 5 ETH, while claims involving larger amounts require individual verification. The GIWA blockchain was developed by Dunamu, the operator of Upbit, South Korea's largest cryptocurrency exchange.
17:16
High oil prices combined with strengthening U.S. economic activity are reinforcing market expectations that the Federal Reserve will maintain high interest rates or even continue to raise them, putting pressure on the precious metals market. Market pricing currently indicates a 65% to 70% probability of another Fed rate hike in October.

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