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10/1
01:04
Fed Watchdog Finds Renovation Failures, No Grounds for Criminal Referral
The Federal Reserve's inspector general released a report on Wednesday, stating that management and oversight failures contributed to roughly a billion dollars in cost overruns for the central bank's headquarters renovation. However, the report found no reasonable grounds to believe federal criminal law had been violated, thus requiring no referral to the U.S. Attorney General. The report also noted that the Fed's board was not involved in day-to-day decisions about the project.
01:00
ECB President Lagarde: Misjudged energy shock in 2021, did not anticipate interconnected crises and surging demand.
ECB President Christine Lagarde admitted in an interview with French newspaper La Croix that the European Central Bank is not always entirely correct. She specifically noted that in 2021, the central bank believed the energy shock was temporary and therefore did not require an immediate response, a judgment that proved to be wrong. She stated that the central bank did not anticipate the interconnectedness of the crisis at the time, particularly the significant surge in demand after the pandemic and how the Russian regime deceptively reduced gas reserves.
01:00
ECB President Lagarde: The three pillars of the European economic model (cheap energy, the Chinese market, and the US security umbrella) are faltering.
ECB President Christine Lagarde stated in an interview with French newspaper La Croix that the European economic model has long relied on three pillars: cheap energy primarily from Russia, a vast Chinese export market, and the security umbrella provided by the United States. She noted that all three pillars are currently shaking: Russian energy supplies have been cut off, China is competing with Europe in high-tech markets, and the U.S. security umbrella is at least being questioned.
00:58
Dogecoin ecosystem's DogeOS public testnet, Chikyū, has launched, bringing ZK-Rollup and EVM smart contracts to DOGE.
The Dogecoin ecosystem has launched the DogeOS Chikyū public testnet. Developed by the MyDoge crypto wallet team, the project is an EVM-compatible L2 application layer based on ZK-Rollup technology. This move marks Dogecoin's transition from a single payment method to a programmable DeFi ecosystem. DogeOS will use DOGE as the sole native gas token for paying transaction fees and deploying smart contracts on the L2 network. The project previously raised $6.9 million in a seed round led by Polychain Capital.
00:58
DeFi project Balancer DAO voted to liquidate after a $130 million attack.
Balancer's DAO has also voted to pass BIP-928, deciding to cease operations and liquidate in an orderly manner. This decision comes less than a year after the protocol suffered a $130 million attack. BAL token holders will receive a pro-rata share of the $9 million in the DAO treasury starting next May.
00:53
Pentagon confirms US troop withdrawal from Iraq is complete, ending two decades of intervention
Pentagon confirms US troop withdrawal from Iraq is complete, ending two decades of intervention. Defense Department spokesman Sean Parnell stated the remaining US and coalition forces departed from Erbil Airbase on Wednesday, marking the success of a 12-year campaign against ISIL and a transition to Iraqi-led security efforts. US President Donald Trump initially announced the withdrawal in 2020, with the final plan inked in 2024 by former President Joe Biden and former Iraqi Prime Minister Mohammed Shia al-Sudani. Hundreds of US troops remain stationed in Syria, and the task force overseeing anti-ISIL operations has relocated to Jordan. Iraqi Prime Minister Ali al-Zaidi praised the withdrawal as a new era for Iraq.
00:52
President Signs Kay Hagan Tick Reauthorization Act into Law, Reauthorizing Vector-Borne Disease Activities Through FY2030
On Wednesday, September 30, 2026, the President signed into law S. 2398, the “Kay Hagan Tick Reauthorization Act,” which reauthorizes activities to address vector-borne diseases through Fiscal Year 2030.
00:47
Marshall Wace Says Citadel Made "Burdensome" Demands in Shatz Case
UK hedge fund Marshall Wace said Citadel made excessive information demands in their legal dispute over Marshall Wace's hiring of a former Citadel portfolio manager as its global head of credit.
00:44
U.S. Commerce Secretary Howard Lutnick earned over $250 million last year.
According to the latest disclosed 2025 financial report, U.S. Commerce Secretary Howard Lutnick earned at least $250 million in income and other gains last year, with most of it coming from the financial businesses he left before joining the Donald Trump administration. The largest single amount was a $192 million dividend from global financial services firm Cantor Fitzgerald. Lutnick also disclosed $4.2 million in salary and bonuses from commercial real estate services firm Newmark, and $14.1 million in salary and bonuses from BGC Group. As part of an asset divestiture, Lutnick sold at least $259 million in assets last year and purchased at least $166 million in assets, primarily investing in U.S. Treasury bonds and broad-market funds.
00:43
United and American Airlines expand Japan routes, adding more direct trips and cabin upgrades to capitalize on demand fueled by weak yen
United and American Airlines are expanding flights to Japan, adding more direct trips and cabin upgrades to capitalize on growing demand for travel to the country stemming from the weak yen.
00:40
Stablecoin Card Monthly Spending Hits Record $1.17 Billion, Visa Crypto Head Notes 'Hyper Growth'
Stablecoin card spending reached a record $1.17 billion by September 30, according to Paymentscan data. Visa's crypto unit head, Cuy Sheffield, described stablecoin-linked cards as being in “hyper growth mode.” Despite the surge in volume, Paymentscan recorded 11.0 million transactions in September, a slight decrease from August, raising the implied average transaction size to about $107. Active addresses also saw a minor dip to 283,761. Coinbase-backed Base emerged as the largest blockchain for stablecoin card spending, accounting for $216.8 million, while RedotPay led card programs with $401.9 million in spending. Tiger Research suggests the next phase of competition will focus on capturing everyday financial activity rather than just payment volume.
00:40
Decrypt and Myriad Launch 'The Information Exchange' on Solana, Integrating News, Data, Markets, and Participation with MYR Token
00:39
Bitget CEO: Protection Fund Reaches $309 Million, Company Operations "Gradually Returning to Normal"
Bitget CEO Gracy Chen stated that the company's Protection Fund, established in 2022, has reached $309 million. The fund "absorbed the financial impact of incidents that led to $388 million in user losses," and the company's operations are "gradually returning to normal."
00:34
Trump Administration Launches Student Loan Default Support Center
The Trump administration on Wednesday announced the launch of the "Defaulted Loan Support Center," aimed at providing information and options for borrowers who have defaulted on student loans. Treasury Secretary Scott Bessent stated that the move is intended to restore fiscal responsibility to the nation's $1.7 trillion federal student loan portfolio. Latest data shows that as of June 30, approximately 9.3 million federal student loan borrowers were in default, an increase of about 50% since 2016. The surge in student loan defaults is attributed to the end of repayment pauses during the pandemic and the termination of the Biden administration's SAVE plan.
00:32
U.S. oil industry warns diesel prices unlikely to normalize within a year.
The U.S. oil industry warns that diesel prices are unlikely to normalize within the next year, following a Dallas Fed survey that found energy executives broadly expect high fuel costs to persist.
00:26
Meta denies Muse AI agent reads user private messages without permission, states it requires explicit user authorization.
Meta has denied claims that its AI agent, Muse, reads users' private messages without explicit consent. This follows a journalist's assertion that Muse accessed his private messages even with the relevant settings on his Mac turned off. Andy Stone, Meta's Vice President of Communications, stated that Muse's message integration on Mac is entirely opt-in, requiring users to enable both "Full Disk Access" and "Messages Connector" to read message content. David Singleton, an executive at Meta Superintelligence Labs, also explained that Muse requires three steps of application-level permissions and macOS system-level protections to read messages, which cannot be bypassed even if there were an application vulnerability. Meta also stated that the AI's explanation described by the journalist was incorrect, and the AI was in a "confused" state at the time.
00:16
Hyperliquid to Unlock $856 Million Worth of HYPE in Six Days, Marking October's Largest Single Token Release
Hyperliquid is scheduled to unlock $856 million worth of HYPE tokens on October 6. This unlock represents the largest portion of the approximately $1.3 billion in total token releases expected across the crypto market next month.
00:12
The Mexican peso was the worst-performing currency globally over the past month.
00:11
The Dutch government plans to levy capital gains tax on major assets starting in 2028, with Bitcoin potentially included.
The Dutch government announced on Tuesday plans to introduce a capital gains tax on major assets starting in 2028, potentially including digital assets such as Bitcoin. If approved, investment gains would be taxed upon realization, rather than based on assumed returns or unrealized appreciation. Currently, Bitcoin and digital assets in the Netherlands are taxed based on an assumed annual rate of return. The proposal aims to stimulate investment and anticipates that most financial instruments will be taxed starting in 2028, with remaining assets transitioning two years later. The letter did not specify whether digital assets would begin to be taxed in 2028 or 2030.
00:11
US fintech company Stripe plans to promote AI shopping services in Japan, collaborating with Meta's Muse.
00:10
Ford, GM Maintain China EV Ties Amid US Curbs
U.S. automakers Ford and GM are embracing their Chinese partners more tightly, despite trade tensions and the need to accelerate electrification. Ford's CEO stated that "partnership and competition aren't mutually exclusive," while GM and China's SAIC Motor renewed their joint venture agreement in August.
00:10
Destro AI states its core competency lies in enabling robots and humans to work collaboratively.
Destro AI states that its core competency lies in enabling robots and humans to work collaboratively, rather than in robotics technology alone. A company executive said, "The biggest reason we beat robotics companies is that we are not a robotics company."
9/30
23:58
ECB's Lagarde told La Croix that if she leaves the ECB early, "it will only be by a few months."
23:55
Glencore, Peabody Energy, and Heeney Capital are considering coal production deals in Venezuela.
Glencore Plc, Peabody Energy Corp., and Heeney Capital are considering coal production deals in Venezuela, following the Trump administration's push for allied companies to develop the country's resources beyond oil.
23:55
US Inflation Data Triggers Crypto Short Squeeze, Bitcoin, Ethereum, and XRP Drive 2633% Imbalance in Liquidations
According to U.Today, the latest US inflation data showed persistent price pressures, yet major cryptocurrencies like Bitcoin, Ethereum, and XRP saw price increases, triggering significant market volatility. CoinGlass data indicates that 73,709 traders were liquidated in the crypto market over the past 24 hours, totaling $259.12 million. Short liquidations surged to $82.61 million within an hour of the data release, while long liquidations were only $3.09 million, creating a 2633% liquidation imbalance. Bitcoin reached $83,825.17 during this rally, with short sellers losing over $51.69 million; Ethereum contributed $16.39 million in liquidations; XRP also experienced a short squeeze after stabilizing at $1.4975.
23:52
When asked by French newspaper La Croix if she would be a candidate for the French presidency, European Central Bank President Christine Lagarde said: "That's not a good idea at all."
23:50
ECB's Lagarde tells La Croix newspaper France's debt situation is serious at 120% of GDP and without a path to lowering it.
23:50
ECB's Schnabel: We have raised interest rates by 50 basis points since June, bringing the deposit facility rate to 2.5%.
Isabel Schnabel, a member of the Executive Board of the European Central Bank (ECB), stated that the ECB's Governing Council has acted promptly since the outbreak of the Middle East conflict worsened the inflation outlook. Since June, the ECB has raised key interest rates by 50 basis points, increasing the deposit facility rate from 2% to 2.5%, to ensure inflation returns to its 2% target in the medium term. She emphasized that monetary policy cannot resolve the root causes of shocks, but if supply shocks are large or persistent enough to cause the expected inflation path to exceed the target, the optimal response is to tighten monetary policy.
23:49
Panama Committee Recommends Restarting First Quantum Mine to Fund Orderly Closure
A Panamanian ministerial committee has recommended that President José Raúl Mulino's government negotiate with First Quantum Minerals Ltd. to restart an idle copper mine, aiming to fund its future "orderly closure."
23:43
Hong Kong Banks Offer Golden Week Incentives to Mainland Visitors
Hong Kong commercial banks are offering various incentives to attract mainland Chinese visitors during the upcoming Golden Week, despite Beijing's tightened cross-border investment rules and a new 20% levy on overseas investment or insurance gains. HSBC is offering up to HK$88,000 (US$11,215) for new high-end clients, while DBS provides a HK$1,500 cash rebate for new accounts with a HK$1 million deposit. Industrial and Commercial Bank of China (Asia) is offering a preferential time deposit interest rate of 6% per annum for new customers.

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