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10/2
22:29
Facebook whistleblower Frances Haugen stated on Friday that artificial intelligence companies must "step up to the spirit" of self-regulatory agreements reached with the White House, following the signing of the document by Meta CEO Mark Zuckerberg and other executives. Haugen questioned whether these companies would adhere to the "spirit of the rules" or exploit loopholes not explicitly prohibited to "circumvent restrictions." She noted that tech companies have a history of only following written statements when dealing with regulators, while the systems themselves offer significant flexibility.
22:29
Higher Treasury yields have pushed bond prices lower, creating unrealized losses for some investors. Financial professionals suggest selling these investments in taxable brokerage accounts to realize capital losses, which can then offset other capital gains. This strategy, known as tax-loss harvesting, can help investors manage their tax bills. The 10-year and 30-year Treasury yields hit their highest levels in 24 years this week, though they retreated Friday after a weak jobs report. Investors must be aware of the IRS wash-sale rule, which disallows a tax loss if a substantially identical security is repurchased within 30 days.
22:27
Michael Saylor retweeted Saturn_credit's post, which introduced Saturn Institutional. Saturn Institutional aims to serve capital allocators, liquidity providers, and ecosystem partners, offering digital credit, currency, and yield products backed by STRC.
22:21
Visa stated that its commercial programs drove approximately 17% of stablecoin card transaction volume. In the second fiscal quarter, payment volume for Visa stablecoin-linked cards increased by nearly 200% year-over-year.
22:20
European issuers emphasize that Europe must acknowledge the demand for dollar stablecoins, as businesses require USD liquidity for global payments and settlement.
22:19
Tesla's deliveries fell by 2%, below expectations, primarily due to reduced electric vehicle purchases by U.S. consumers, though European sales continued to recover.
22:14
Lookonchain reported that as of October 2, Bitcoin ETFs recorded a 1-day net inflow of 1,383 BTC (approximately $120.25 million), with a 7-day net inflow of 2,467 BTC (approximately $214.4 million). In contrast, Ethereum ETFs experienced a 1-day net outflow of 23,436 ETH (approximately $64.69 million), and a 7-day net outflow of 8,133 ETH (approximately $22.45 million).
21:54
Fed reporter Nick Timiraos stated that the recent ho-hum labor market report doesn't really change the narrative for the Federal Reserve, whose senior officials had indicated this week that an October rate hike was probably not their base-case scenario. The report's most significant aspect was what it failed to show: few signs from wages or the unemployment rate suggesting that the labor market is tightening in ways that would significantly add to price pressures. The September CPI, scheduled for release on October 14, was always expected to be more crucial than this report.
21:54
Blockchain analytics firm Chainalysis stated that the $387 million Bitget hack was carried out by threat actors linked to North Korea. Within the first three hours, the stolen funds were moved across Ethereum, XRP, Zcash, and Tron through 23 transfers, with Ethereum and XRP accounting for 49.7% and 40.8% respectively. Investigators also traced tens of millions of dollars in stolen XRP through cross-chain liquidity protocols into Bitcoin over approximately a day and a half. This attack has pushed the total amount of DPRK-linked crypto thefts in 2026 above $1 billion.
21:44
Cardano's total value locked (TVL) in decentralized finance (DeFi) applications has fallen by more than 50% from $150 million in May to approximately $67 million. Amidst this contraction, RealFi launched its USDrf dollar-token system on October 1, aiming to integrate real-world credit and lending in emerging markets with Cardano's growing stablecoin liquidity, which is nearing an all-time high of $70 million. The initiative allows eligible retail users to acquire USDrf and stake it for sUSDrf, offering variable returns from an underlying portfolio that includes direct loans and private credit funds. Verified institutional partners can directly mint and redeem USDrf with the issuer, while retail redemptions are dependent on market liquidity.
21:40
AI company Tavus claims its new Griffin video call bot has passed the Turing Test, sparking concerns it could be used to defraud the elderly and cause psychosis. Tavus posted a video on X on October 1, showing Griffin engaging in a realistic conversation with company founder Hassaan Raza, and stated that 48% of participants believed it was a real person. Comments noted that such AI could be used to trick elderly people into revealing bank passwords or lead to mental derangement. Tavus stated that Griffin requires safety considerations before public release.
21:36
Bitcoin rebounded to around $87,000 on Friday, following the clearance of selling pressure near $85,000, according to Glassnode data. Additionally, weaker-than-expected US jobs data provided further support for Bitcoin's ascent.

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