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10/7
04:34
Elon Musk reposted his earlier tweet, stating that his wealth is simply due to his ownership stakes in SpaceX and Tesla. He added that as these companies grow, their value increases, benefiting all shareholders. Musk criticized those he called "takers of the world who have never built anything, like Bernie," for taking from the makers.
04:30
BNP Paribas SA cautioned Treasury Secretary Scott Bessent against discontinuing the 20-year bond, stating that such a move could lead to increased borrowing costs.
04:21
The Spanish government approved two emergency housing decrees on September 29, aimed at limiting rent increases and mandating lease renewals. Although Congress rejected these decrees on October 2, the Spanish Council of Ministers re-approved them on Tuesday and submitted them to the Congress's Standing Committee. The decrees cap rent increases at 2% (while September inflation was 4.9%) and mandate lease renewals for five or seven years, which is seen as rewriting already signed rental contracts. The market reacted swiftly, with Spanish television reporting that approximately 2,900 rental listings were withdrawn within hours, and Madrid listings decreased by about 20% within 24 hours. Critics argue that these decrees may be unconstitutional due to their retroactive modification of private agreements. The article points out that in a context where government policies could reshape asset rules, Bitcoin's role as a store of value, unaffected by such interventions, is highlighted.
04:16
Salaries and bonuses are spiraling for seafarers willing to risk the perilous trip through the waterway in the face of Iranian attacks.
04:13
Abstract, the Ethereum L2 network backed by Pudgy Penguins, announced it will cease its on-chain operations on December 15, 2026, and urged users to bridge out their assets before this date to avoid potential loss of funds. Abstract cited stagnant growth, insufficient liquidity, a limited DeFi ecosystem, and restricted institutional adoption as reasons for the shutdown.
Abstract's parent company, Igloo Inc. (also the parent company of Pudgy Penguins), has injected "tens of millions of dollars" into the network over the past 18 months, incurring significant losses. Igloo CEO Luca Netz stated that the company ultimately decided against issuing an Abstract token or continuing to fund it to avoid harming the Pudgy Penguins business.
04:12
French Finance Minister Roland Lescure stated that the government is prepared to use constitutional powers to pass its 2027 budget without a parliamentary vote if negotiations fail. The plan includes roughly €43 billion in spending cuts, with Lescure insisting the deficit must not exceed 5% of GDP. Invoking Article 49.3 could trigger a no-confidence vote, raising political risk as French borrowing costs remain under pressure.
04:06
According to Nikkei Asia, as global demand for AI computing infrastructure surges, TSMC and other Taiwanese companies are increasing overseas investments to build stronger supply chains, with spending primarily focused on the United States and Southeast Asia.
04:06
Towa, a Japanese manufacturer of chipmaking devices, plans to build a $31.6 million plant for molding equipment used in advanced semiconductors near its headquarters in Kyoto. The move aims to address economic security concerns by establishing a domestic supply framework, with rising costs and a weak yen also factoring into the decision.
04:02
NVIDIA-backed AI computing startup Lambda is seeking to raise up to $4 billion at a pre-money valuation of $14.5 billion ahead of a planned initial public offering (IPO) in 2027. This funding round is led by Coatue Management and Blackstone. According to The Wall Street Journal, Lambda's backlog grew from $15 billion in June to $50 billion in September, with most of the increase coming from a $35 billion commitment signed with Anthropic in late August.
03:56
The U.S. has formally pressed Russia for more information after a worker at a Siberian plague research center died from an unexplained pneumonia, according to the WSJ. Secretary of State Marco Rubio said Moscow has provided “still quite limited” information, while Russia says testing found no pathogen linked to her work. The WHO currently assesses the international health risk as “very low.”
03:53
Russian authorities have denied implementing anti-plague measures following the death of a 28-year-old laboratory technician from suspected pneumonic plague last Friday, a case that has drawn international scrutiny. Russia's health watchdog Rospotrebnadzor stated on Tuesday that no plague cases have been detected among staff who had contact with the laboratory worker for the past 10 days. The institute where she worked also said autopsy results found no microorganisms linked to her work. US Secretary of State Marco Rubio on Tuesday called on Moscow to share more information, while the World Health Organization (WHO) confirmed it is monitoring the situation.
03:50
According to Hashrate Index's October report (describing Q3 observations), the United States, Russia, and China continue to account for approximately 66% of Bitcoin mining hashrate. Specifically, the U.S. hashrate decreased from 345 EH/s to 335 EH/s, with its share dropping from 36.7% to 35.6%; Russia's hashrate increased from 162 EH/s to 170 EH/s, with its share rising from 17.2% to 18.1%; China's hashrate decreased from 115 EH/s to 110 EH/s, with its share falling from 12.2% to 11.7%. The combined share of these three countries decreased by approximately 0.8%, while the estimated global hashrate remained largely stable.
03:43
The scope of victims in a hacking incident earlier this year has expanded with the latest disclosures, implicating prominent institutions such as Goldman Sachs and Man Group, according to the Financial Times.
03:37
Crypto media outlet Protos analyzed that TRON founder Justin Sun posted on X yesterday, stating that his exchange Poloniex is now "the only exchange in the world used by the boss himself." This comment may imply that most of the platform's trading volume comes from Sun himself through wash trading. Protos believes that the only way to generate nearly $1 billion in trading volume on an exchange is through wash trading. Wash trading is considered illegal in most countries because it can be used to manipulate asset prices.
03:19
Bryan Johnson, founder of the "Project Blueprint" movement, posted on X that the best anti-aging treatments are filters, photo editing, and lighting. Previously, he spent $2 million annually attempting to revert his body to an 18-year-old state. This shift came after he was diagnosed with autoimmune gastritis in May, followed by his girlfriend's diagnosis of endometriosis, among other conditions. Johnson stated that he has refocused his longevity company, Immortals, on building tools to help individuals address health issues, and remains committed to achieving immortality by 2039.

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