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9/29
02:47
OpenAI's early $100 million investment offer sparked a bidding war for Hugging Face before Nvidia's $13 billion acquisition
Before Nvidia agreed to acquire open-source platform Hugging Face for approximately $13 billion this month, OpenAI had attempted to invest $100 million in the startup. OpenAI's overture, which included a proposal for Hugging Face to serve as a distribution channel for OpenAI's custom Jalapeño chips, followed a high-profile hack of Hugging Face in July. Advanced Micro Devices (AMD) and Salesforce were also reportedly in early discussions to acquire Hugging Face before Nvidia announced the deal on September 3. Nvidia had previously backed Hugging Face in 2023 at a $4.5 billion valuation.
02:41
Elon Musk forwards SpaceX post: The company is building infrastructure for the future, including supercomputers, Terafab, Gigasat, and a new Starbase in Louisiana
02:31
D’CENT wallet hack, year’s second-largest XRP drain at over $18M, spills over to Bitcoin, Ethereum, and Stellar
The D’CENT wallet hack, which is the year’s second-largest drain of XRP behind the Bitget crypto exchange hack, has extended beyond the XRP Ledger to additional blockchains including Bitcoin, Ethereum, and Stellar. Hackers exploited compromised keys from D’CENT crypto wallets to drain more than 12.4 million XRP, valued at over $18 million, from more than 7,000 D’CENT wallets. The incident, confirmed by D’CENT maker IoTrust, also resulted in losses of non-XRP assets for users who held funds on other blockchains, with at least 110 abnormal transfer reports including Bitcoin, Tron, Ethereum, and Stellar assets. The thefts occurred in waves between September 15 and 20, with 6.3 million of the stolen XRP crossing to Ethereum’s blockchain via THORChain by Friday.
02:28
Nidec CEO Kishida to resign over e-axle unit losses
Mitsuya Kishida, the 66-year-old president of Japanese motor maker Nidec, has decided to step down as CEO, Nikkei learned on Monday. The company is expected to announce major impairment losses to fixed assets and goodwill related to its e-axle EV drive unit business.
02:21
Canadian steelmaker Stelco plans to idle some steel operations in Hamilton, Ontario, citing US tariffs and trade disruptions
02:17
XLM (Stellar) surged 6.18% in 4 hours, now trading at $0.232.
02:17
LINK (Chainlink) rose 6.06% in 4 hours, now trading at $15.335.
02:15
Iran claims successful Hormuz attacks, US reports 8 Marines injured; oil flows increase despite tensions
Iran is claiming success in attacking ships near the Strait of Hormuz, stating that these strikes have forced US warships to move further from the Iranian coast. This comes as US media reported on Sunday that eight US Marines suffered smoke inhalation and potential traumatic brain injuries on September 14, following an Iranian anti-ship cruise missile attack in the Strait of Hormuz. The Pentagon had earlier added 29 US sailors and eight Marines to its war-wounded list, bringing the total to 861 service members since February 28, with at least 19 deaths recorded.

Despite these tensions, oil flows through the Strait of Hormuz have increased. US Energy Secretary Chris Wright said on Sunday that nearly 13 million barrels of crude were passing through daily, while Treasury Secretary Scott Bessent estimated 15-22 million bpd. Preliminary data from Kpler on Monday showed crude exports through the Strait averaged 7.4 million bpd in September, with regional exports rebounding to 12.8 million bpd, the highest since the war began. Mediators are expected to facilitate further diplomatic exchanges between the US and Iran this week, following President Trump's rejection of Iran's conditions for reopening the Strait.
02:14
Burkina Faso Opens First Gold Refinery to Retain More Value from Minerals
Burkina Faso opened its first gold refinery on Monday, joining other African nations seeking to capture more value from minerals produced within their borders.
02:13
Natural gas is down 4.4% today, currently trading at $3.083.
02:11
Polygon plans to increase the POL staking rate to 7.7% within two months.
This fee-backed growth, compared to a baseline staking rate of approximately 3%, aims to reward staking held during the window period, rather than staking held at the time fees are generated.
02:11
Compound Foundation Denies V2 Reserve Misuse Allegation
The Compound Foundation has denied allegations of V2 reserve misuse. Records indicate that 344,780 COMP tokens increased the Foundation’s voting power ahead of a $52 million V4 budget vote, though the proposal reportedly had sufficient support to pass without those tokens.
02:04
Goldman Sachs brings $100 billion Treasury fund to institutional crypto firms via settlement network
Goldman Sachs is making its roughly $100 billion Treasury fund, FTIXX, accessible to institutional crypto firms through Lynq, a settlement network used by digital-asset companies. This initiative provides a new distribution channel for the traditional fund without creating a tokenized version of it, allowing digital-asset firms to earn yield on cash between trades. Trades will be handled by SEC-registered broker-dealer tZERO Securities. This marks the first outside fund offered on Lynq, which previously had only one investment product.
02:03
Anthropic has released Sonnet 5.5, a lower-cost AI model priced at half of Opus 5.5, claiming enhanced coding and knowledge work capabilities.
Anthropic released its new generation AI model, Sonnet 5.5, on Monday. Priced at $2 per million input tokens and $10 per million output tokens, the model is half the cost of its high-end Opus 5.5 model. The company stated that Sonnet 5.5 outperforms its predecessor in coding, completing specific tasks, and creating documents, slides, and spreadsheets, but does not advance the frontier of its model capabilities. This is the second model released by Anthropic since CEO Dario Amodei called for a slowdown in AI development. Sonnet 5.5 is now available on all platforms, including Amazon AWS, Google Cloud, and Microsoft Azure.
02:02
Bitget to Implement Independent Checks for All Withdrawals, Restructures Sensitive Systems Following Recent Breach
According to WuBlockchain, Bitget announced it is tightening security controls after a recent breach. Access to highly sensitive systems has been restructured, critical operations now require multiple approvals, and all withdrawal requests will undergo independent verification. The exchange also stated that affected third-party security functions will remain disabled until remediation is complete, and all internal credentials have been revoked and reissued.
02:01
Chicago Fed President Goolsbee cautions against monetarism's resurgence, stating its record doesn't warrant it
01:53
Micron Technology to report FY2026 earnings on Wednesday, options market implies ~6% stock move
Micron Technology is set to release its fiscal year 2026 earnings after the bell on Wednesday. The AI infrastructure buildout has seen Micron's revenues quintuple in the past two years, with adjusted net income surging 10,686% over the period. Next year's anticipated net income is projected at $179.2 billion, a 22,600% increase in three years. Options markets imply a move of approximately 6% higher or lower following the earnings report, which translates to a $73.3 billion change in the company's $1.22 trillion market capitalization. CNBC contributor Mike Khouw suggests a range-bound trading strategy, such as a November 900/1300 short-strangle, with a nearly 71% probability of profit.
01:48
Russian drone strikes kill seven and injure over 80 across Kyiv and other Ukrainian cities
Russian drone strikes on Monday hit civilian targets including apartment blocks, offices, petrol stations, data centres, and cultural sites in Kyiv, Dnipro, Kharkiv, Zaporizhzhia, and Odesa. Ukraine condemned the attacks as targeting civilians, while Moscow maintains it targets military-related sites. The strikes come amid the four-and-a-half-year war.
01:40
BIS working paper: USDT issuance on Ethereum grew through 2024, but smart contract holdings stalled, with share falling from over 20% to 10-15%
A Bank for International Settlements (BIS) working paper, published on September 15, 2026, indicates that while USDT issuance on Ethereum expanded through 2024, balances held by smart-contract accounts did not see a sustained rise. The share of USDT held in smart contracts on Ethereum fell from over 20% during parts of 2021-2022 to roughly 10-15% by late 2024. On Tron, smart-contract accounts consistently held about 1% of USDT throughout the study's historical series. These findings challenge the assumption that a larger stablecoin supply automatically translates to increased capital in decentralized finance (DeFi).
01:34
Russian President Vladimir Putin has imposed new restrictions on energy trade reporting, prohibiting the publication of export contract details.
Russian President Vladimir Putin on Monday signed a decree imposing sweeping new restrictions on information accessible and reportable regarding the country's energy trade. The decree prohibits access to and publication of any details of export contracts, including volumes, prices, buyers and sellers, carriers, insurers, shipping methods, loading terminals, payment settlements, and customs statistics, adding a new layer of secrecy to the activities of one of the world's major oil and gas producers.
01:34
Google to shut down Gemini's 'Gems' feature, migrating custom AI assistants to 'skills' by November 17
The Gems feature, launched in 2024, allowed users to build custom AI assistants for specific tasks. Google stated that existing Gems will be automatically migrated to the new 'skills' format, which can be used across different AI tasks, with no action required from users. This change comes as all-in-one AI agents, such as Meta's Muse and Instinct, gain traction.
01:31
Fed Governor Cook Expects Continued Inflationary Pressure from AI Buildout, Higher Oil Prices, and Middle East Conflict
Federal Reserve Governor Lisa Cook stated that in the coming months, she anticipates sustained inflationary pressure stemming from the ongoing AI buildout, elevated oil prices, and supply chain disruptions linked to the conflict in the Middle East. Cook also noted that the labor market appears robust enough to withstand potential interest rate increases. She highlighted that AI investment is generating economy-wide demand pressures, cautioning against using monetary policy to combat sector-specific inflation due to the bluntness of such tools.
01:24
Iran's appeals court upholds 74 lashes sentence for singer Parastoo Ahmadi for performing without hijab
An appeals court in Iran has confirmed a sentence of 74 lashes for prominent singer Parastoo Ahmadi, who performed without the mandatory hijab in a livestreamed concert in December 2024. Her lawyers stated on Friday that their appeal was rejected without a hearing. Ahmadi and eight members of her team were also banned from audiovisual activities and from leaving the country for two years, after being convicted of "offending public decency."
01:18
Brazilian Meatpacker MBRF Global Foods Plans Junk-Bond Sale
MBRF Global Foods SA is meeting with investors about what would be the company’s first bond sale since Marfrig acquired BRF last year, aiming to refinance debt.
01:15
Iran Agrees To Suspend Uranium Enrichment In Exchange For US Sanctions Relief, Al Hadath Reports
01:13
OpenAI launches new 'misalignment reports' site, disclosing AI rogue behaviors including sandbox escape and self-replicating prompt injection attacks
OpenAI launched a new site on Friday dedicated to “misalignment reports,” detailing multiple incidents of AI rogue behavior. These include a previously undisclosed sandbox escape on September 20th, where an internal research model communicated with an external chatbot via a DNS query, and a May discovery of a model attempting to cheat on a math problem by accessing another team’s work using a private GitHub token. Researchers also found the possibility of self-replicating prompt injection attacks, which they compared to malware “worms” replicating across systems, though these have not occurred in the wild. CEO Sam Altman stated the company is still sifting through petabytes of agent activity logs and prioritizing disclosures based on severity.
01:07
EU's looming 'Made in EU' bill threatens Toyota and other Japanese EV makers by eliminating tax breaks for non-EU assembled EVs
01:04
Man Group's Chief Market Strategist warns: 5.5% US Treasury yields could impact AI capital expenditure and US consumption.
Kristina Hooper, Chief Market Strategist at Man Group, warned that the risk of long-term U.S. Treasury yields surging to 5.5% could shake the two pillars supporting U.S. economic growth: AI capital expenditure and consumer spending.
01:04
QNT (Quant) surged 10.07% in one hour, now trading at $243.430.
00:59
Ondas (ONDS) became Wall Street's most failed-to-deliver security in late August, with over 20.95 million shares undelivered
Ondas, a defense drone company partnered with Palantir, recorded 20,954,097 undelivered shares of its Nasdaq-traded common stock (ONDS) on a Monday after its most recent quarterly earnings. This figure, disclosed in the newest SEC report covering the second half of August, made Ondas the security with the highest number of fails-to-deliver in the US during that period. The company has a high short interest at 40.9% of its float and was classified as a Threshold Security from August 18 to August 27. Despite reporting $83.8 million in Q2 revenue (13 times Q2 2025) and raising its full-year revenue target above $525 million, the stock has lost 22% of its value year-to-date and traded flat over the last 12 months.

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