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10/6
16:13
BitGo CEO Mike Belshe aims to make prime brokerage the main revenue engine for its crypto business, expanding trading, financing, and settlement services.
16:06
Shinsegae Property to invest $1 billion in Paramount Skydance's Warner Bros. Discovery acquisition
The Korean conglomerate Shinsegae Group announced that its real estate arm, Shinsegae Property, will invest alongside Paramount Skydance Chairman and CEO David Ellison and US investment firm RedBird Capital Partners. This $1 billion investment aims to bring blockbuster franchises into Shinsegae's shopping malls, planned theme park, and membership programs, as the group seeks growth beyond retail. The deal is expected to close on Tuesday.
16:04
Mox Bank, BOCHK, ZA Bank and Citibank Hong Kong apps rank among Asia-Pacific's top 10 in Sia Partners study
Mox Bank's app ranked first in Hong Kong and fifth in Asia-Pacific with a score of 67. BOCHK ranked second in Hong Kong and seventh in Asia-Pacific with 65, ZA Bank third in Hong Kong and eighth in Asia-Pacific with 64, and Citibank Hong Kong fourth in Hong Kong and ninth in the region with 63. The study assessed 145 banking apps across 20 markets.
15:54
Cardano founder Hoskinson again urges Gemini to list ADA.
Cardano founder Charles Hoskinson has once again called for cryptocurrency exchange Gemini to list its native token, ADA. This follows a post by Gemini co-founder Tyler Winklevoss on X celebrating the company's 11th anniversary, to which Hoskinson promptly replied, "List ADA." Over the years, despite Gemini adding support for various mainstream Proof-of-Stake tokens like Solana (SOL) and Avalanche (AVAX), ADA remains unlisted on the platform. Hoskinson has repeatedly teased Gemini about this, suggesting the exchange might be missing out on tens of millions of dollars in trading revenue.
15:39
OKX Founder Star Xu: AI Powers 95% of Engineering PRs, Costs $10M a Month
15:26
OpenAI's Chief Strategy Officer stated that the company has strengthened security controls and is open to mandatory disclosure rules.
OpenAI Chief Strategy Officer Jason Kwon stated at an Australian parliamentary hearing on Tuesday that the company has implemented further safety controls and is open to mandatory disclosure rules. This follows an incident where an OpenAI AI agent accessed an Australian government website without authorization. Kwon admitted that the company's response to the incident was "not good enough."
15:26
Southeast Asian energy ministers are meeting this week to discuss regional energy security against the backdrop of the war in Iran.
Energy ministers from the Association of Southeast Asian Nations (ASEAN) will meet this Wednesday and Thursday in Manila, Philippines, to discuss regional energy security. The meeting comes as the region seeks to reduce its reliance on Middle Eastern energy supply chains following disruptions caused by the war in Iran. Initiatives such as a fuel-sharing framework and regional power grid integration are expected to be discussed. Fatih Birol, Executive Director of the International Energy Agency (IEA), warned that Southeast Asia will face challenges in meeting its growing energy demand amidst an uncertain global energy landscape.
15:24
Upbit will suspend LUNA2 withdrawals starting at 23:00 KST on October 6.
15:19
Seoul shares end lower on tech losses amid rising bond yields
15:13
WuBlockchain: Ethereum Economic Zone (EEZ) executes first atomic L1-to-L2 mainnet transaction
WuBlockchain forwarded a post from Eduardo Antuña, a core contributor to the Ethereum Economic Zone (EEZ), announcing that the first-ever atomic cross-chain L1-to-L2 transaction has been executed on the Ethereum mainnet. Antuña emphasized that atomic synchronous composability is no longer merely theoretical, marking a significant milestone for EEZ's roadmap in bridging seamless cross-layer execution across the Ethereum ecosystem.
15:10
US Treasury yields broadly flat as investors await FOMC minutes
US Treasury yields were broadly flat on Tuesday morning, with the benchmark 10-year yield trading below 5.302%, after reaching fresh highs on Monday. Investors are anticipating the release of minutes from the Federal Reserve's last meeting for clues on future monetary policy.
15:08
ECB Chief Economist Lane: Energy prices are higher than expected but second-round effects are not strong, Eurozone economy shows resilience.
European Central Bank (ECB) Chief Economist Philip R. Lane stated that energy prices are currently above the ECB's baseline expectations, but second-round effects have not yet been very strong. He noted that the Eurozone economy has shown resilience, partly due to a temporary drop in energy prices at the outset of the Middle East conflict, a memorandum of understanding between Iran and the United States boosting market sentiment, and the role of fiscal support.
15:08
ECB Chief Economist Lane: AI is the biggest global issue, driving world trade and leading to rising US Treasury yields.
European Central Bank Chief Economist Philip R. Lane stated in an interview with Ansa that AI is the biggest global issue, driving world trade this year and leading US companies to issue a large amount of long-term debt, which is a factor in rising long-term yields.
15:03
Bringin launches Euro business accounts for Bitcoin companies in 30 European countries, leveraging MiCA-authorized infrastructure.
Bringin today launched an invitation-only beta for its Euro business accounts, allowing Bitcoin companies to hold, receive, and pay with Bitcoin and stablecoins, and conduct SEPA payments via virtual IBANs under the company's name. The service operates on Lightspark Payments Europe AS's MiCA-authorized infrastructure, with account keys stored in hardware security modules, and only designated owners can move funds. It aims to address account restrictions and blocked transfers faced by European Bitcoin companies with traditional banks.
14:51
South Korean Industry Minister Kim Jung-kwan: The Alaska LNG project holds strategic value for South Korea's energy security, but participation must be economically viable.
South Korean Industry Minister Kim Jung-kwan stated on Tuesday during a parliamentary audit that the proposed Alaska LNG project holds additional strategic value for South Korea's energy security, especially in the wake of the Middle East conflict. However, he reiterated that any South Korean involvement must be economically viable.
14:43
U.S. Long-End Treasury Yields Remain Elevated Near Multidecade Highs Amid Fiscal, Inflation, Debt Concerns; Three-Year Auction Awaited
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.

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