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9/30
03:57
Elon Musk reposted a tweet stating that Donald Trump, at a White House superintelligence luncheon, declared the U.S. to be a leader in artificial intelligence (AI) and announced a document to officially rename "AI" to "superintelligence." Trump praised tech leaders in his speech and emphasized industry self-regulation under government oversight.
03:53
The Federal Reserve's stablecoin proposal, released on September 29, requires payment stablecoin issuers under its regulation to process redemption requests within a normal period not exceeding two business days. However, a July 28 snapshot from the Anderson Financial Economics Institute showed $76 billion in reserve-backed stablecoins stuck on centralized exchanges, where customers may need to process transactions with the exchange before contacting the issuer.
03:42
Linear Fox founder Nathan Fargo has released a public jailbreak for the PS5, dubbed Relapse, which works on firmware 7.00 through 13.60 and requires only a DNS change. This comes weeks after Sony admitted in court that players do not own the digital games they purchase. The jailbreak, posted on X, allows users to run homebrew apps and game backups, but it is a tethered exploit with risks of system failures, data loss, or account bans. Consoles updated to Sony's 14.00 firmware, released September 16, are not compatible. Sony's court admission stems from a June class action alleging the "Buy Now" button misleads consumers, with Sony arguing it's "not plausible to allege that reasonable consumers believed they were obtaining 'ownership,'" citing license terms that state software is "licensed to you, not sold."
03:26
Two Indian nationals were charged in Florida federal court on Tuesday by the U.S. Department of Justice for allegedly smuggling counterfeit Ozempic from China, a scheme that reportedly continued even after the Food and Drug Administration seized some of the fake drugs and issued a public warning in 2023. One of the men, Swapnadip Roy, has been extradited from Italy and appeared in Tampa. Roy and his accomplice, Vicky Ramancha, are charged with conspiracy to smuggle and defraud the United States, three counts of smuggling, and two counts of selling and possessing counterfeit drugs. If convicted, the two men face a maximum of 71 years in prison.
03:24
HANetf, an ETF provider with $9.2 billion in assets under management, has launched the Arrow Bitcoin EUR Hedged ETF. The fund aims to help European investors gain exposure to Bitcoin while mitigating the impact of EUR/USD exchange rate fluctuations. HSBC will provide currency hedging services for the fund.
03:22
Ford CEO Jim Farley stated on Tuesday that politicians should learn from Europe when deciding whether to allow Chinese automakers into the U.S. market. He noted that Chinese brands' market share in Europe has increased from almost zero in 2020 to 12% in August this year. Farley said Ford plans to collaborate with Chinese companies in regions such as Europe or Southeast Asia, while also launching products like the "general electric vehicle" pickup truck to compete. These remarks come after Chinese President Xi Jinping's visit to the U.S. last week and his meeting with Donald Trump, who had previously indicated he might "accept" Chinese automakers producing vehicles domestically in the U.S.
03:17
Banks have postponed amending and extending a $4.13 billion loan facility for CD&R-backed construction supplies distributor White Cap Supply Holdings LLC, dealing a blow to its efforts to push out debt maturities.
03:16
Barrick Mining Corp. CEO Mark Hill stated that the company's planned North American gold IPO may be delayed until January next year.
03:16
Prediction market traders anticipate another strong U.S. September jobs report. On the prediction market platform Kalshi, traders see a 60% chance that U.S. non-farm payrolls for September will exceed 90,000, and nearly a 50% chance of reaching six figures (i.e., over 100,000). This is higher than the Dow Jones consensus economist forecast of 84,000. The U.S. September jobs report is scheduled for release this Friday at 8:30 AM ET.
03:12
The personal consumption expenditures (PCE) price index, the Federal Reserve's primary inflation gauge, is expected to show increases of 0.3% month-over-month for both all-items and core levels. On an annual basis, these are projected to be 3.7% and 3.3% respectively, unchanged from July and remaining well above the Fed's 2% target. Analysts suggest this data is unlikely to provide evidence against further interest rate hikes. Separately, consumer spending is anticipated to have risen by 0.8% in August, indicating continued resilience despite ongoing price increases. Fed officials, including Chairman Kevin Warsh and Governor Michael Barr, have recently indicated that financial conditions are not restrictive enough and further policy adjustments may be needed to bring inflation down to target.
03:00
Saylor retweeted a Strategy post announcing the launch of a credit pricing calculator, a tool that compares the current market price of Strategy preferred stock with derivative prices based on Bitcoin credit.
02:56
Ripple has unveiled the full agenda and speaker lineup for its annual Swell 2026 conference. The event, scheduled for October 27-29 in New York City, is expected to draw over 1,500 attendees. Renowned actor and Water.org co-founder Matt Damon will engage in a keynote conversation with Water.org co-founder and CEO Gary White, discussing how financial infrastructure can address the need for fast and low-cost money movement, with Ripple CEO Brad Garlinghouse moderating the discussion. Other notable speakers include Tom Farley, Chairman of Bullish crypto exchange operator and former NYSE President; Johann Kerbrat, Senior Vice President and General Manager of Crypto and International at Robinhood; Laide Majiyagbe, Head of Global Markets at BNY Mellon; and Ripple CTO Emeritus David Schwartz. This year's conference marks the first time that Swell will be held concurrently with Apex, a conference focused on the XRP Ledger, and UBRI Connect, an academic conference for Ripple's University Blockchain Research Initiative (UBRI).
02:43
A group of investors led by Morgan Stanley received approval from the City of Chicago to sell its parking meter business to Stonepeak Partners for $2.5 billion, ending months of political turmoil surrounding the deal.
02:39
NVIDIA announced on Monday the formation of the "Open Agent Safety Platform" alliance, aiming to address rogue AI agent issues through its self-developed open-source AI agent safety technology, with over 100 companies already joining. An OpenAI spokesperson confirmed to TechCrunch that the company supports NVIDIA's work and is collaborating on agent safety, including participating in the development of OpenShell software. OpenShell is a key open-source sandbox software for the platform, used to prevent AI agents from escaping. The report noted that one reason for OpenAI's lack of public support is that the platform includes proprietary hardware components and can only be deployed on NVIDIA hardware.
02:38
American Bitcoin, a Bitcoin miner under Hut 8, has seen its market capitalization plummet by approximately 92% since its reverse merger listing (adjusted for reverse stock split), significantly exceeding Bitcoin's (BTC) roughly 25% decline over the same period. Eric Trump serves as the company's Chief Strategy Officer, and Donald Trump Jr. is a Senior Advisor. American Bitcoin reported a net loss of over $150 million in 2025 and an additional net loss of $138 million in the first half of 2026.

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