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10/6
14:41
South Korean President Lee Jae-myung warns: AI models have been used in bank cyberattacks
South Korean President Lee Jae-myung warned that AI models have been used in bank cyberattacks, with an official calling it a "completely new crisis," sparking public concern.
14:39
Bitfinex Securities platform fees restrict cheap crypto capital raising, with a $5 million bond example incurring a 2% upfront fee.
Bitfinex Securities' published fee schedule shows a $100,000 (2%) upfront issuer fee for a hypothetical $5 million, one-year bond, making the cost savings for borrowers uncertain. Bitfinex CTO Paolo Ardoino previously articulated a vision of reducing corporate fundraising costs by 80%, but the platform's minimum fee structure presents a practical challenge to this goal. While the platform aims to provide fundraising channels for businesses through tokenized securities, high minimum fees could limit access to affordable financing for businesses in underserved traditional financial regions.
14:18
Binance Futures will launch several TradFi USDⓈ-M perpetual contracts on October 6.
14:17
DeepSeek nears $12B Tencent-backed funding ahead of 2027 IPO
DeepSeek is close to securing at least 80 billion yuan ($12 billion) in its latest funding round. This amount surpasses its own capital-raising target, positioning the AI company for a landmark initial public offering in early 2027.
14:13
OpenAI admits its response to the Australian government website hack was "not good enough," has strengthened training environment precautions.
OpenAI Chief Strategy Officer Jason Kwon admitted on Tuesday at a parliamentary hearing in Sydney that the company's handling of the June incident where an Australian government website was breached by its "rogue agent" was "not good enough," stating that "more guardrails" have been added to the training environment. Kwon said the company has changed how it handles such incidents, now immediately notifying and cooperating with affected parties even without a full understanding of the situation. Furthermore, OpenAI was able to report another hacking incident involving the New South Wales government within 48 hours, a week after the initial incident, and stated it would support a framework for mandatory disclosure of incidents.
14:04
Hong Kong's Hermitage Capital remains committed to top-tier tech stock investments, undeterred by market volatility.
Hong Kong-based Hermitage Capital stated that despite geopolitical friction and market volatility unsettling risk investors, the company will adhere to its global strategy of supporting emerging cutting-edge technology companies. Sean Xiang Yuqiu, the company's founder and CEO, said that even when market sentiment is at its lowest and valuations and confidence are under immense pressure, it is necessary to continue increasing holdings in top technology companies.
14:04
China's Q3 GDP growth estimated at 4.4%, below target
Economists estimate China's economy grew 4.4% year-on-year in the July-September quarter, a marginal increase from the previous term. Strong exports and AI-related sectors were insufficient to offset continued sluggishness in real estate and consumer spending.
13:57
a16z Report: Consumer AI Market Shows Dual-Track Structure, Top 1% of Paying Users Contribute Nearly 20% of Spending
a16z's latest report indicates that the consumer AI market is forming a dual-track structure characterized by a boom in traffic alongside concentrated paid subscriptions. As of August this year, only 4.5% of U.S. consumers subscribed to at least one mainstream AI product. Among them, the top 1% of paying users spent an average of $903 per month, contributing 19.5% of observable consumer spending, which is higher than the 16.6% contributed by the bottom 50% of users combined. The report also shows that 29 of the top 50 vendors by spending did not appear on any traffic rankings, suggesting that commercial value is more hidden on the paid side rather than in mass traffic.
13:57
BOE Chairman to visit Korea as Samsung Electronics' panel orders expected to double
Samsung Electronics is reportedly increasing its TV panel purchases from China's BOE, with orders forecast to double this year. BOE Chairman Chen Yanshun is said to be planning a visit to Korea next week to meet Samsung Electronics CEO Roh Tae-moon. Local media reports, citing industry sources, suggest that TV LCD supply and pricing will be on the agenda. Samsung is projected to buy 4.4 million TV LCD panels from BOE.
13:57
Trend-following hedge funds returned 15.7% in the first nine months of 2026, outperforming S&P 500's 11.7%, driven by correct calls on bonds and oil.
13:52
Better Markets calls CFTC the "wrong agency" for retail crypto regulation.
Advocacy group Better Markets stated that the framework proposed by the U.S. Commodity Futures Trading Commission (CFTC) to bring certain cryptocurrency transactions and exchanges under its regulatory scope would provide investors with less protection than the regulatory standards of the U.S. Securities and Exchange Commission (SEC).
13:51
Some investors are reportedly cautious about the Firmus Grid IPO due to an alleged oversupply of existing data center stocks.
Some potential investors are growing cautious about data center company Firmus Grid Ltd.'s blockbuster initial public offering (IPO) due to concerns that existing shareholders might offload a significant amount of stock shortly after the company goes public, according to people familiar with the matter.
13:48
Taiwan's top diplomat launches new quasi-diplomatic mission in Arizona, citing booming chip investment
13:33
US spot Bitcoin ETFs saw $89.9M net outflow on Oct 5; Ethereum ETFs recorded $111M net inflow, BlackRock funds sole gainers.
13:29
Lookonchain: An anonymous trader has spent $1.22M to buy 30.65M $MEME over the past month, becoming its largest holder, and was still buying 10 hours ago despite a $708K (-58%) loss.
13:25
Samsung Biologics labor union seeks direct talks with Samsung Electronics, demanding intervention in wage dispute
Samsung Biologics' union stated on Tuesday that it has sent a negotiation request to its second-largest shareholder, Samsung Electronics, demanding direct intervention in the ongoing wage dispute. The union believes that Samsung Electronics, which it considers to have de facto control over Samsung Biologics' personnel and compensation policies, should be recognized as the employer and participate in negotiations.
13:19
Lookonchain: Anonymous trader 0x13da has gone long on SOL again, opening a position of $19.78 million with a liquidation price of $99.68.
13:17
Governments' use of total return swaps exposes bond investors to new risks
Some governments in need of money have been turning to the obscure financial product, typically used by hedge funds, exposing bond investors to new risks, according to Bloomberg Markets.
13:16
Japan's 10-year government bond yield surpassed 3%, reaching a 30-year high, as rising global interest rates intensified fiscal concerns.
13:03
South Korea's Doosan Robotics will lead a 98.9 billion won AI robot project, receiving a $50.7 million government subsidy.
Doosan Robotics announced on Tuesday that it has secured two major South Korean government R&D agreements aimed at building the nation's first physical AI manufacturing platform by embedding domestic semiconductors into collaborative robots. These government-backed projects will receive 68.1 billion won (approximately $50.7 million) in subsidies from the Ministry of Trade, Industry and Energy and the Korea Institute for Advancement of Technology, with Doosan Robotics providing an additional 30.8 billion won.
13:02
Binance to support Marvell Technology (MRVL) and Oracle Corporation (ORCL) cash dividend distribution via bStocks
12:53
Ethereum validator client Prysm issues last-minute fix for Glamsterdam test on Sepolia
Ethereum developers released a software update for its main validator client Prysm, hours before the Glamsterdam test on the Sepolia test network. The fix addresses a setting that could have caused some validators to produce blocks smaller than the intended 200 million gas limit, ensuring the test accurately reflects the network's capacity increase.
12:51
Upbit Announcement: Avantis (AVNT) will be rebranded as Veranta on October 6 at 14:00 KST.
12:51
Upbit to temporarily suspend SEI deposits and withdrawals from Oct 8, 20:00 KST due to network upgrade
12:44
Bitcoin futures open interest drops $1.4B to $36.6B, but Glassnode reports spot buying is stepping in
Bitcoin's aggregate futures exposure fell from $38 billion to $36.6 billion, according to Glassnode's Oct. 5 Market Pulse report. However, spot buying is providing a counterweight, with the spot cumulative volume delta shifting from negative $102.8 million to positive $33.2 million. The report also noted an increase in Hot Capital Share from 18.9% to 19.5% and a rise in the short-term-to-long-term holder supply ratio from 13.7% to 14.2%.
12:43
Bitcoin fell to $85,600 after being rejected for the third time at the $87,000 level, while the Nasdaq Composite hit a new all-time high.
Bitcoin was rejected for the third time by sellers at the $87,000 mark on Monday, falling 1.2% to approximately $85,600 by early Tuesday in Asia. Meanwhile, the Nasdaq 100 index closed at a new all-time high, and the S&P 500 index also approached its historical peak. U.S. Treasury yields continued to climb, with the 10-year Treasury yield rising 1 basis point to 5.32%, a new high since 2002; the 2-year Treasury yield increased 2 basis points to 4.83%.
12:19
Polymarket Unveils Protocol V2, Targeting Full Mainnet Switchover on Nov 2
Polymarket Head of Protocol Rajath Alex announced Protocol V2, which replaces its legacy 2019 Gnosis CTF foundation. V2 unifies the system around a single ERC-1155 position contract, pUSD collateral, and a consolidated exchange and router, supporting binary, neg-risk, and combinatorial markets. It integrates a multi-oracle aggregator (supporting UMA and Chainlink) and embeds cross-chain bridging. Canary markets will be tested from October 5 to 30 before the planned November 2 rollout.
12:16
US borrowing costs surge, impacting corporate America
A sharp sell-off in the US Treasury market is beginning to feed through to junk-rated companies, leading to a surge in their borrowing costs.
12:13
Bloomberg: UK Economy to Outpace Major European Nations in First Two Years Under Labour, But 1.8 Million Still Unemployed
Bloomberg reports that the UK economy has outpaced its major European counterparts during the two years of Labour government. However, this growth has not benefited the 1.8 million Britons currently seeking employment.
12:12
World Bank Lifts East Asia and Pacific Growth Outlook to 4.5% on AI Exports, Warns of Concentration Risks
The World Bank has raised its growth forecast for the East Asia and Pacific region to 4.5% this year, up 0.3 percentage point from its April projection, citing strong artificial intelligence-related exports. However, the bank warned that the region's heavy reliance on the AI boom leaves it vulnerable to a potential global tech spending reversal, with trade growth outside AI-related goods being "weak or negative." The report, released Tuesday, highlighted that AI-related capital expenditure has reached about 6% of U.S. GDP, similar to the 2000 peak in IT investment, and noted risks in less transparent private credit financing for AI.

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