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10/2
03:24
Yemen's government forces hold ground in Taiz, preventing Houthi breakthrough after Red Sea coast gains
Yemen's Houthi rebels launched intense attacks in Taiz governorate on Thursday, attempting to build on their offensive that captured the country's Red Sea coast last month. However, Yemeni government forces have thus far held their positions, aided by air strikes and difficult terrain, preventing the Houthis from turning coastal gains into a wider breakthrough. Government forces reported over 400 strikes against Houthi positions in a 24-hour period on Monday.
03:24
Canadian Prime Minister Carney announced the acceleration of the "Pacific Connect" oil pipeline project approval, aiming to reduce the economy's reliance on the United States.
Canadian Prime Minister Mark Carney announced on Thursday that the "Pacific Connect" crude oil export pipeline project will be fast-tracked for approval and designated a national interest project to streamline the federal regulatory review process. The project, estimated to cost CAD 35.2 billion to CAD 43.7 billion (approximately USD 24.7 billion to USD 30.7 billion), aims to diversify Canada's economy away from its reliance on the United States and mitigate the impact of US tariffs. With a designed daily throughput capacity of 1 million barrels, the pipeline is projected to contribute over CAD 20 billion (approximately USD 14 billion) annually to Canada's GDP growth and CAD 100 billion (approximately USD 70 billion) in government revenue by 2060, while creating 140,000 jobs. The Canadian government aims to complete the approval process by September 1, 2027.
03:21
Google launches first advanced chip into orbit for space data centers, estimates SpaceX Starship needs 1,600 launches to scale
Google has launched its first advanced Tensor Processing Unit (TPU) chip into orbit aboard a SpaceX rocket, aiming to pave the way for large-scale space data centers. The tech giant's white paper on orbital data centers suggests SpaceX's Starship would need to complete approximately 1,600 launches over the next decade to cost-effectively deploy the necessary 370,000 tons of payload for such a network, which Google envisions as 81 satellites processing in parallel.
03:19
IRS Scrutinizes Tax-Dodge Trades, Impacting ETFs
The U.S. Treasury and IRS are scrutinizing transactions potentially engineered primarily to manufacture tax benefits, raising questions about the implications for ETFs. It remains to be seen how regulators will differentiate between legitimate portfolio management and tax-dodge trades.
03:14
CNBC: Trump may seek to remove Federal Reserve Chair Powell and Governors Cook and Barr, but legal challenges could make it difficult to achieve.
Former U.S. President Donald Trump may seek to remove Federal Reserve Chair Jerome Powell and Governors Lisa Cook and Michael Barr, CNBC reported. However, recent court rulings indicate that any such attempt would face significant legal hurdles, potentially taking months to resolve and possibly prompting the targeted individuals to delay their departure plans. Trump's move follows the release of a watchdog report that found the cost of renovating the Federal Reserve's headquarters had surged by approximately $1 billion, but did not find evidence of administrative misconduct or grounds for criminal charges. Trump blamed Powell for the issue, calling him a "disaster." Previously, the Supreme Court in June blocked Trump's attempt to remove Cook, requiring notice of charges and an opportunity to respond. Additionally, an investigation into Barr's handling of the Silicon Valley Bank collapse by the Federal Reserve is ongoing.
02:59
Brazilian Meat Firm MBRF Global Foods Pauses Junk-Debt Offering Plans Amid Soaring Global Bond Funding Costs
02:57
Wall Street expects 84,000 job growth in September report due Friday
Wall Street anticipates the U.S. September nonfarm payrolls report, due Friday, will show job growth of 84,000, with the unemployment rate holding at 4.1% and average hourly earnings rising 3.1% year-over-year. Federal Reserve officials, including Vice Chairman Philip Jefferson and New York Fed President John Williams, have indicated that labor market conditions have stabilized and remain solid, despite some volatility in job creation. Markets have subsequently reduced expectations for a rate hike in late October, with a move in December seen as more likely.
02:55
CZ retweeted BNB Chain's post: BNB Chain is now live on Phantom
02:53
50,000 Europeans urge EU to ease MiCA stablecoin reward restrictions
A campaign involving 50,000 letters is pressing Brussels to rethink stablecoin rewards, as EU central banks also seek broader changes to MiCA’s stablecoin rules.
02:47
Trump memecoin announces another exclusive dinner for top 185 investors in November, drawing criticism from Democratic lawmakers
The event, scheduled for November 22 at Trump National private club in Washington, D.C., is the third such gathering for $TRUMP token holders. The company managing the memecoin bills it as the "most exclusive dinner in the world." Upon the announcement, the token's price briefly surged 10% to $2.25 before falling back. Democratic lawmakers have criticized these events as a "corrupt selling of the White House," especially given investors have lost billions since the memecoin's launch and a provision to limit digital asset ties of senior government officials failed to advance in the Digital Asset Market Clarity Act.
02:44
Trump says prices are “way down” from Biden administration levels and are “coming down rapidly”
02:35
Sources: Iran Proposed Allowing Inspectors Into Nuclear Facilities in Private Talks If Sanctions Are Eased
Iran's foreign minister has privately indicated that the country is willing to restore inspectors' access to its nuclear facilities if the U.S. eases sanctions, according to people familiar with the matter. This concession could help break the stalemate in peace talks with the U.S.
02:35
Microsoft released three voice AI models, with real-time speech-to-text accuracy topping evaluation charts.
Microsoft released three new voice AI models on October 1 local time, including the real-time speech-to-text model MAI-Transcribe-2-Streaming, and the text-to-speech models MAI-Voice-2.1 and MAI-Voice-2.1-Flash. Among them, MAI-Transcribe-2-Streaming achieved the highest accuracy in streaming speech recognition tests on the AI benchmark platform Artificial Analysis, with a word error rate (WER) of 2.5% and a latency of approximately 0.13 seconds, surpassing SpaceXAI Grok Voice Transcribe 2.0. This model supports 60 languages and is available at a promotional price of $0.54 per hour until the end of the year. MAI-Voice-2.1 supports 23 languages, can maintain voice consistency across languages, and is priced at $22 per million characters; MAI-Voice-2.1-Flash targets cost-sensitive applications with lower latency and a price of $15 per million characters, with a 55% increase in inference speed.
02:34
WordPress Malware Uses Ethereum Infrastructure for Persistence, Hard to Remove
According to security firm Sucuri, a highly persistent WordPress malware strain, dubbed 'SC' malware, is leveraging Ethereum infrastructure for command-and-control (C2) and self-healing. It maintains redundant copies across compromised sites, allowing it to rebuild itself even after cleanup attempts. Unlike traditional C2 servers, SC uses a list of approximately 20 public Ethereum RPC gateways, making it resilient to blocking efforts. The malware can also steal administrator session tokens, perform JavaScript injections to skim payment information on e-commerce sites, deactivate security software, and maintain administrator access.
02:29
German Chancellor Merz says Europe braces for ‘severe hybrid attacks’ from Russia, views Moscow’s escalation as ‘desperation’ over Ukraine war
02:28
Fed Vice-chair Philip Jefferson signals central bank will keep rates on hold in October
The Vice-chair for monetary policy, Philip Jefferson, echoed dovish remarks made by New York central bank head John Williams.
02:28
IBM's chief talent officer says critical thinking and judgment are key skills for entry-level workers in the AI era
Aparna Nair, IBM's chief talent, leadership & culture officer, emphasizes that as AI reshapes the workplace, particularly for entry-level roles, college students and new workers must focus on building critical thinking and judgment skills. She notes that traditionally, judgment was developed through hands-on work, but with AI taking over many tasks, validating AI inputs now helps in building this skill. An IBM survey found that 57% of chief human resources officers consider critical thinking vital, while 48% value judgment under uncertainty, highlighting a gap with employees' perceptions.
02:27
FT analysis: Europe should take Trump’s diesel ban threat seriously, as it highlights the need for greater energy independence
The Financial Times analysis suggests that even if former President Trump were to back down from his threat of a diesel ban, the warning should prompt Europe to enhance its energy independence.
02:27
CNBC: Micron expects share buyback program to potentially far exceed NVIDIA's
CNBC analysis suggests that Micron's upcoming stock repurchase program could be very substantial as a percentage of the company's market capitalization, potentially even surpassing Nvidia's previously announced $235 billion buyback plan.
02:27
NEAR Intents Protocol was hacked, resulting in a $3.8 million loss, after previously freezing stolen funds from Bitget.
Multichain trading protocol NEAR Intents announced at 14:00 UTC on October 1 (GMT+1) that its Omni deposit and withdrawal infrastructure was exploited, resulting in a loss of $3.8 million for the protocol, and services were immediately suspended. The protocol stated that it had quickly detected, contained, and patched the "contract-side vulnerability," and trading has resumed on most networks. Previously, the protocol had frozen some stolen Bitget funds, of which $503,000 was successfully prevented from being withdrawn. Following this news, the price of NEAR Protocol's token NEAR fell from $5.1 to $4.79 within minutes of the disclosure.
02:12
Republican Lawmakers Weigh Raising US Debt Ceiling by ~$4T in Lame-Duck Session
Republican lawmakers are considering raising the U.S. debt ceiling by roughly $4 trillion during the post-election lame-duck session, potentially using budget reconciliation to avoid needing Democratic votes. House Budget Chair Jodey Arrington has floated this proposal, which follows a $5 trillion increase to $41 trillion in 2025 and aims to address borrowing needs expected to become more pressing in 2027. Congress also faces a Dec. 11 government-funding deadline.
02:10
Peter Todd Joins MARA to Lead Private Mempool Slipstream
Bitcoin Core contributor Peter Todd has joined the MARA Foundation as lead maintainer of Slipstream, the miner’s private Bitcoin mempool service. Slipstream allows users to send bitcoin transactions directly to MARA Pool, bypassing the public peer-to-peer network, which helps keep key information hidden before confirmation. Todd will be responsible for developing and running the service, aiming to use it as a proving ground for experimental development and protocol innovation.
02:06
Oil futures extend gains, with Brent up 4.6% and WTI up 2.8%, after China suspends oil exports.
02:05
Analysis indicates that US August job growth may have been overstated, with unadjusted employment figures significantly lower than official reports.
Analysis indicates that U.S. non-farm payrolls increased by 162,000 in August, but this figure may be overstated due to unusually favorable seasonal adjustments. Unadjusted employment data shows the economy added only 154,000 jobs, close to 2025 levels. If last year's seasonal factors were applied, August non-farm payroll growth would be only about 15,000. This distortion suggests that August's apparent strength may not be a sufficient benchmark for September, emphasizing the need to focus on underlying employment trends.
02:04
US Sanctions A7 Network, Proposes Ban on Sub-Agent Payments
The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) stated that A7's sub-agents processed over $17 billion in dollar-denominated transactions between January 2025 and June 2026.
01:59
Elon Musk states SpaceX's Star Mind super intelligence spacecraft will feature over 250kW of solar power, approximately 20% more than the International Space Station.
01:59
Trump claims Iran nuclear threat eliminated 'in one night', previously estimated 4-6 weeks
President Trump stated that while he had repeatedly estimated it would take 4–6 weeks to eliminate what he calls the “Iran nuclear threat,” it was accomplished “in one night.” He added that subsequent U.S. actions are aimed at ensuring the threat does not return.
01:55
Nikkei: Japanese Major Banks Double System Vulnerabilities Discovered After Mythos AI Release
Japanese major banks have seen a surge in system vulnerabilities, doubling previous levels, as AI tools grow increasingly sophisticated, Nikkei reported. Banks are urged to strengthen their response to cyberattacks, including suspending services if necessary.
01:55
Strategy has burned through 64% of its $2B STRC rescue fund
Strategy, Michael Saylor’s BTC treasury company, has expended 64% of its once-$2 billion fund to repurchase STRC. The company has spent $1.28 billion over 10 weeks, leaving less than $724 million. Strategy aims to force STRC's price higher, which Saylor had previously likened to a high-yield bank account. Last week, Strategy spent $151.7 million repurchasing STRC, a rate six times higher than when it started 10 weeks ago, with the average price paid climbing to $98.86 per STRC.
01:55
Musk retweeted a SpaceX post: The Falcon 9 rocket will execute the Transporter-18 mission, launching 130 payloads into orbit from California, with a target launch time of 11:22 AM PT.

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