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10/6
21:09
Former New York Gov. Andrew Cuomo: US crypto rules need durable, bipartisan legislation to survive next election
Former New York Gov. Andrew Cuomo argues that US crypto rules could be vulnerable to political change after the midterms, emphasizing the need for Congress to pass lasting, bipartisan legislation.
21:09
UBS reiterates Neutral rating on Apple, notes App Store revenue growth remains weak at 2% YoY for September quarter, with US revenue down 7% YoY
21:08
French AI company Mistral has released its trillion-parameter large model, ML4, claiming its performance surpasses all open-source models outside of China.
French AI company Mistral on Tuesday released its trillion-parameter AI model called Mistral Large 4 (ML4), also known as "le Chonk." The company stated that ML4 is a top performer among global open-source models, particularly excelling in cybersecurity, coding, manufacturing, finance, and multimodal tasks, with its performance "significantly surpassing" all open-source models outside of China. Mistral completed a €3 billion (approximately $3.4 billion) Series D funding round in September, reaching a valuation of €21 billion, making it one of Europe's highest-valued AI startups. The ML4 model was trained for two months on 4,000 NVIDIA Grace Blackwell GPUs, and a preview version has been launched for developers, cybersecurity leaders, and government agencies, with a broader release planned for later this month.
21:08
Edge Markets launches new infrastructure aimed at reducing liquidation risk from margin calls in prediction markets.
Edge Markets has launched new infrastructure aimed at reducing liquidation risk from margin calls in prediction markets. Seni Thomas, founder and CEO of the company, stated that the system will support institutions trading in 24/7 prediction markets, allowing them to pre-authorize fund deployment and automatically cover margin calls during traditional banking system closures. This is intended to reduce avoidable liquidations and improve capital efficiency. The tool is expected to launch later this year and has partnered with companies such as River Markets, ParlayX, OpenMarkets, and Pikkit.
21:08
Sources indicate that Chinese AI startup DeepSeek is considering doubling its latest funding round to as much as $14.9 billion.
Sources indicate that Chinese AI startup DeepSeek is considering doubling its latest funding round to as much as 100 billion yuan (approximately $14.9 billion), up from its previous target of 50 billion yuan. The company is currently seeking a valuation of around $75 billion and has attracted significant interest from state-backed funds and corporate investors, including Tencent and CATL, which have already committed capital. DeepSeek plans to list on Shanghai's STAR Market in early 2027.
21:06
NVIDIA Report Shows Telecom Operators Increasingly Building AI Strategies on Open Models
A recent NVIDIA report, "State of AI in Telecommunications," indicates that 89% of telecom operators consider open-source AI models and software important to their AI strategies. Operators are increasingly adopting open models for their AI initiatives, citing reasons beyond cost, including the ability to trust, control, and customize AI across critical workloads like autonomous networks and customer care. NVIDIA highlights its Nemotron family of open models and the 30-billion-parameter Nemotron 3 Large Telco Model (LTM), fine-tuned for telecom-specific tasks, as key offerings. Companies like SoftBank Corp., AT&T, and Indosat Ooredoo Hutchison are leveraging open models to develop tailored AI capabilities and services.
21:04
Arbitrum Joins Paxos-Led Global Dollar Stablecoin Alliance to Capture Share of Digital Dollar Growth
Ethereum Layer 2 network Arbitrum has joined the Global Dollar Network stablecoin consortium led by Paxos, aiming to capture an economic share from stablecoins circulating on its network. The USDG stablecoin launched on Arbitrum on Tuesday and has been integrated into various trading, lending, and payment platforms such as Fluid, Morpho, and GMX. This consortium model distributes revenue generated from USDG reserves to partners who help drive adoption. Brendan Ma, Head of Investment Strategy at the Arbitrum Foundation, stated that this move provides new growth opportunities for Arbitrum and developers on its platform. A governance proposal has been submitted to ArbitrumDAO, recommending that USDG growth be made a strategic priority and that 100 million ARB be added to its DRIP incentive program.
21:03
Anduril and U.S. Navy to Invest $6.6 Billion in Submarine Industrial Expansion, Creating Over 14,000 Jobs
Anduril and the U.S. Navy will invest $6.6 billion to expand America’s submarine industrial base and increase production capacity for the Virginia-class submarine program. The Arsenal-2 facility, to be built at Tradepoint Atlantic in Baltimore County, is expected to create 3,100 direct jobs and more than 11,000 indirect jobs, with initial operations anticipated in 2030.
21:02
Ukraine launches major drone attack on Russia's Moscow region, killing two and hitting an oil storage facility
Ukraine launched a major overnight drone attack on Russia's Moscow region, killing two people and setting fire to a warehouse. Moscow Mayor Sergei Sobyanin stated that 650 drones were involved, most of which were shot down. Regional Governor Andrei Vorobyov reported seven injuries and damage to 47 houses, four apartments, and three cars. War blogger Yuri Podolyaka claimed an oil storage tank at the Volodarskaya facility, the region's largest, was hit, though this was not officially confirmed. Ukraine has increasingly targeted Russian oil infrastructure to cut off war funding. Separately, a Ukrainian drone attack on a minibus in Russian-occupied Zaporizhia killed three people.
21:01
ECB's Elderson: Will strengthen bank supervision, take tougher measures against significant deficiencies not addressed in a timely manner
Frank Elderson, Member of the Executive Board of the European Central Bank (ECB) and Vice-Chair of the Supervisory Board, stated that the ECB's banking supervision is increasingly centering its dialogue with banks on the effectiveness and timely remediation of supervisory findings. He noted that simplified and effective supervision are not competing but complementary. For significant deficiencies not addressed in a timely manner, supervisors will escalate by using more intrusive tools, including capital requirements, business restrictions, or periodic penalties. As of the end of 2025, unresolved supervisory measures had increased to approximately 12,000, averaging about 100 per bank. The ECB began implementing a tiered approach in 2025, adjusting supervisory follow-up based on the severity of the risk.
21:01
ECB's Cipollone: Digital Euro and Tokenization are a Comprehensive Strategy to Maintain the Central Role of Central Bank Money
Piero Cipollone, a member of the European Central Bank's (ECB) Executive Board, stated that the digital euro and tokenization are part of the ECB's comprehensive strategy to maintain the central bank's currency at the core of the digital age. He noted that in retail payments, this means preparing for the digital euro; in wholesale markets, it means ensuring central bank money is available for settling tokenized transactions through Project Pontes, and collaborating with the market to shape a broader digital financial ecosystem through Project Appia. Cipollone emphasized that these initiatives aim to provide European market participants with the infrastructure needed for innovation, growth, and maintaining international competitiveness in response to the increasing digitalization of payments and finance, while ensuring the unity, trust, and stability of the monetary system.
21:00
OKB's trading volume reached $18.12 million in the past hour, 22.1 times its 7-day average for the same period. It is currently trading at $135.260.
20:54
Shiba Inu (SHIB) sees significant exchange outflows, with netflow turning negative
Shiba Inu (SHIB) has experienced a substantial shift in exchange flows, with approximately 101.2 billion SHIB in net outflows from centralized exchanges. This negative netflow, where more tokens leave than enter exchanges, generally indicates a reduction in immediate sell-side liquidity. Exchange reserves for SHIB have declined by 0.11% over 24 hours, with their dollar value falling by 1.42% to around $519.4 million. SHIB is currently trading at approximately $0.00000589, maintaining its recovery above the long-term moving average near $0.00000565, but continues to face resistance in the $0.00000600–$0.00000610 region.
20:53
Iranian Minister Calls Talks with Qatari Emir "Constructive"
20:51
Man Group study disputes high inflation's direct harm to US bonds
Man Group study disputes view that high inflation alone is bad for US Treasuries, finding instead that a rapid increase in price growth does the most damage.
20:47
PIMCO Senior Advisor Rupert Harrison says Treasury yields are "screaming good value" after recent run up
20:44
Hedge fund Blue Duck Capital Partners is pushing Snap to sell a stake in its AR glasses division, Spectacles, to raise capital.
20:44
SEC-approved 3x Ethereum ETF (ETHK) could reach CME futures threshold with $362M in assets
The SEC on October 2 approved Cboe BZX's rule change to list Volatility Shares' proposed 3x Ethereum ETF (ETHK). With $362.1 million in assets, ETHK would target about $1.09 billion of exposure, equivalent to 8,000 CME Ether futures contracts, which is CME's single-month and all-month accountability level. ETHK's first trading date is pending.
20:43
Trump Teases “Midterm Surprise” Amid Democratic Lead in Power Index
Trump Teases “Midterm Surprise” Amid Democratic Lead in Power Index

President Trump stated that Republicans are “flipping races all over the place,” citing surging rally enthusiasm and hinting at a “Midterm Surprise.” However, Kalshi’s American Power Index currently shows Democrats leading by +4.5, with its markets indicating a 92% chance of Democratic House control and 64% for the Senate. The midterms are now just 28 days away.
20:39
Wu Blockchain: Correction: OKX's internal AI platform is called Oli.
20:35
The UK Treasury has selected six banks, including Barclays, Morgan Stanley, and HSBC, to lead the issuance of digital gilt.
The UK Treasury has appointed six banks, including Barclays, Morgan Stanley, and HSBC, as joint lead managers for the country's pilot issuance of digital gilts, expected in early 2027. This move aims to modernize the UK's capital markets.
20:32
United States Aug Balance of Trade
★★★★★Previous -88.6BForecast -102BActual -105.6B Below forecast↓
20:32
S&P 500 futures rise 0.5%, poised for first record since August as resilient corporate profits and lower oil prices buoy sentiment
20:31
Cryptocurrency exchange OKX has completed a new funding round at a $25 billion valuation, with participants including Circle and Ripple, Bloomberg reported.
Cryptocurrency exchange OKX has completed a new funding round at a $25 billion valuation, with investors including Circle, Ripple, Standard Chartered's SC Ventures, and quantitative hedge fund Qube Research & Technologies (QRT), Bloomberg reported. The size of the funding round was not disclosed. This financing is a continuation of OKX's March funding round, when Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, invested approximately $200 million at the same valuation.
20:31
U.S. August trade deficit widens to $105.6 billion, significantly exceeding expectations.
The U.S. trade deficit widened to $105.6 billion in August, exceeding market expectations of $102 billion and higher than the revised $92.8 billion in July. Imports increased by 4.3% to $420.75 billion, while exports rose by 1.4% to $315.18 billion. The goods trade deficit reached $136.57 billion, while the services trade surplus was $31 billion.
20:19
Saylor retweeted a Hurdle Rate podcast tweet, which mentioned that Strive increased its Bitcoin holdings by 2,000 BTC, achieving a total return of 99% in Q3.
Saylor retweeted a Hurdle Rate podcast tweet, which mentioned Strive increasing its Bitcoin holdings by 2,000 BTC, achieving a total return of 99% in Q3. The podcast also discussed the new $500 million SATA repurchase facility and topics such as driving 60% amplification.
20:17
CrowdStrike, AWS, and NVIDIA Expand Global Cybersecurity Startup Accelerator, Defining the Next Generation of Innovation for the Agentic Era
20:13
Saylor: Since adopting a Bitcoin standard in 2020, MicroStrategy (MSTR) and Bitcoin (BTC) have delivered annualized returns of 52% and 38% respectively, outperforming benchmarks for stocks, gold, real estate, and bonds.
Saylor: Since adopting the Bitcoin standard in 2020, MicroStrategy (MSTR) and Bitcoin (BTC) have delivered annualized returns of 52% and 38% respectively, outperforming benchmarks in stocks, gold, real estate, and bonds. He stated that the future of capital is digital.
20:12
Trump Mobile customer data has been leaked by the ransomware group BYOD, affecting several close associates of Donald Trump.
The ransomware group BYOD last week leaked data from 3,615 Trump Mobile customers, including close associates of Donald Trump. According to Straight Arrow News yesterday, the leaked data includes names, email addresses, phone numbers, home addresses, and order details. Personal information of Eric Brunnett, Vice President of The Trump Organization, Nicholas Hayes, Assistant General Counsel, long-time advisor Jason Miller, and pro-Trump influencer Bo Loudon were all included. International Cyber Digest (ICD) noted that Trump Mobile allegedly did not enable multi-factor authentication and lacked a security team to handle the incident.
20:11
World Bank Raises Africa's Economic Growth Forecast Despite Multiple Challenges
The World Bank stated that despite multiple headwinds, economic growth in Sub-Saharan Africa will slightly accelerate this year.

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