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10/7
15:32
CZ reposted Supers6061's tweet, stating that the number of RWA holders on BNB Chain has exceeded 2 million, firmly ranking first among all major public chains.
15:26
Morgan Stanley Report: US Data Centers May Face a 32GW Power Shortfall from 2026-2028, Exacerbating Tail Risks in the AI Supply Chain
Morgan Stanley's latest report indicates that the bottleneck for AI infrastructure in the US is shifting from "chip shortages" to "power shortages." The report projects a net electricity deficit of approximately 34% for US data centers between 2026 and 2028, equivalent to 32 GW. The report suggests that power shortages could delay chip deployment as planned, subsequently posing risks of order delays, cancellations, and inventory adjustments for downstream components in the supply chain, such as ASICs, memory, optical modules, and power management. NVIDIA's and Broadcom's 2027 performance forecasts are not substantially affected for now, given their higher GPU power output per unit and high visibility into deployment locations. Oracle's 1.3 GW "Project Lighthouse" in Wisconsin may see its full power supply delayed until October 2028, or even spring 2029, highlighting the practical hindrance of power insufficiency on AI hashrate deployment.
15:22
MAS Responds to Parliamentary Inquiry on Early Withdrawal of Life Insurance for Seniors
Alvin Tan, a board member of the Monetary Authority of Singapore (MAS), stated in a parliamentary reply that the primary purpose of life insurance is to provide financial protection to beneficiaries upon the death of the insured, and allowing policyholders to regularly make early withdrawals of death benefits would fundamentally alter the nature and pricing of insurance. He noted that other insurance products already exist in the market to meet living expenses, such as retirement income insurance and long-term care insurance, and some whole life and endowment policies also allow access to cash value through policy loans or withdrawals. MAS will continue to collaborate with the insurance industry to support product innovation to meet the evolving needs of Singaporeans.
15:17
DOJ cites Bitcoin Fog ruling to support venue in Roman Storm's Tornado Cash case
15:12
MAS: Public sector agencies are not mandated to procure commercial cyber insurance, but adopt a multi-pronged approach to cyber risk management.
Alvin Tan, a board member of the Monetary Authority of Singapore (MAS), stated in a parliamentary reply that public sector agencies, including statutory boards, are not mandated to procure commercial cyber insurance. Instead, they adopt a multi-pronged approach to managing cyber risks, which includes investing in prevention, detection, response, and resilience. MAS monitors developments in cyber insurance through engagement with the industry to support healthy market growth. Furthermore, arbitrators at the Financial Industry Disputes Resolution Centre (FIDReC) are equipped to handle cyber insurance claims disputes and have relevant experience from recent years.
15:12
Singapore MAS states 10-year SGS yield at 2.5%, discount to US Treasury yields widened to 250 bps
Singapore's Monetary Authority (MAS) stated in a parliamentary reply that the country's 10-year Government Securities (SGS) yield stands at 2.5%, compared to its 10-year average of around 2.2%. The discount of 10-year SGS to 10-year US Treasury yields has widened from about 170 basis points in January 2025 to about 250 basis points in September 2026. MAS noted that domestic credit conditions remain conducive, with the 3-month Compounded SORA at around 1.2%, and businesses and households generally in a sound financial position to manage higher borrowing costs. The government is prepared to offer targeted support if needed, having raised the risk-share for eligible Enterprise Financing Scheme loans from 50% to 70% in September 2026.
15:12
Robinhood adds $25 million in Bitcoin to balance sheet, signals commitment to crypto sector
Robinhood's SVP Johann Kerbrat stated the purchase was intended to signal the company's commitment to the crypto sector. The trading platform is also expanding its crypto offerings, including plans for perps trading for eligible U.S. users, growing its Layer 2 Robinhood Chain (with $1.05 billion TVL), and launching Stock Tokens.
15:05
Asian Investors Pivot to Real Estate and Physical Assets, Private Credit Interest Drops Sharply
iCapital's "2026 Asia Advisor Survey," released today by the fintech company, reveals a sharp decline in Asian investors' interest in private credit, dropping from 71% in 2025 to 48%, while interest in real estate surged from 39% to 52%, as global tensions shook market confidence. The report attributes this shift towards real assets to increased focus on inflation resilience and tangible assets due to geopolitical disruptions and energy security concerns. Furthermore, interest in venture capital also saw a significant increase to 39%, consistent with Asia's strong capital market backdrop in 2026, particularly the performance of AI-related portfolio companies.
14:59
Yemen's Houthis Attack Aden Airport, Saudi Forces Down Missile Near Riyadh
Yemen's Houthi rebels launched ballistic missiles and drones at Aden International Airport on Wednesday, with one missile hitting near the runway minutes before a flight from Cairo was due to land, forcing its diversion. Separately, Saudi Arabia's military coalition announced it intercepted another Houthi ballistic missile launched north of its capital, Riyadh. The intensified fighting in Yemen is occurring amid broader regional tensions.
14:59
Russia's fuel crisis has opened new markets for Iranian oil in Central Asia, with Tajikistan and Kyrgyzstan beginning purchases.
Al Jazeera reported that Central Asian countries have begun purchasing oil from Iran due to tight Russian fuel supplies caused by damage to Russian energy infrastructure from Ukrainian attacks. Tajikistan announced in August that it had received Iranian oil products and is expected to receive 2.55 million tons of oil and petroleum products from Iran. Meanwhile, Iranian President Masoud Pezeshkian also agreed in August to establish a joint venture refinery in Kyrgyzstan and supply crude oil. Previously, due to U.S. sanctions, Iran's crude oil exports had fallen from approximately 2 million barrels per day in March to about 220,000 to 255,000 barrels per day in August. Russia's fuel shortage has provided Iran with new export opportunities.
14:59
Musk retweeted a Starlink executive's post, stating that Starlink is ready to provide services in India.
Starlink executive Lauren Dreyer stated at the India Mobile Congress that Starlink is committed to helping remote areas of India achieve network connectivity and looks forward to collaborating with Indian operators, the government, and the industry immediately upon receiving final approval.
14:48
Elon Musk: SpaceX's Grok will use leading backend AI models including Claude Opus 5.5, MidJourney, and Suno
14:48
U.S. spot Bitcoin ETFs saw $119 million net inflows on Oct. 6, while Ether ETFs recorded $202 million net outflows
U.S. spot Bitcoin ETFs recorded $119 million in net inflows on Oct. 6, led by BlackRock’s IBIT with $122 million. Spot Ether ETFs moved in the opposite direction, posting $202 million in net outflows, all of which came from BlackRock’s ETHA, according to SoSoValue data cited by WuBlockchain.
14:48
Russia launches "massive attack" on Ukraine, at least two dead in Kyiv
Russia's Ministry of Defense stated that its forces launched "massive strikes" on Kyiv and other Ukrainian regions. Kyiv Mayor Vitali Klitschko reported that overnight attacks caused a fire in the densely populated Darnytskyi district, killing at least two people. The Russian Ministry of Defense also claimed that the targets of the strikes included port facilities in the Odesa region and naval vessels used by the Ukrainian Armed Forces.
14:47
Finnish government agencies have ordered Google to halt construction at two data center sites, following Google's plans to invest €13 billion in AI infrastructure.
Finland's government oversight body, LVV, has ordered Google to halt construction at two data center sites in Muhos and Kajaani until mandatory environmental impact assessments are completed. Google had previously announced in September that it would invest 13 billion euros (approximately $14.6 billion) in Finland's digital infrastructure over the next two years to support its artificial intelligence (AI) development. LVV is investigating whether Tuike Finland, the company representing Google, cleared hundreds of hectares of forest without conducting mandatory environmental impact assessments. A Google spokesperson acknowledged the company's shortcomings and stated that it would follow LVV's guidance. Finland's opposition parties had previously called for a national licensing system to prevent data centers from causing power shortages and soaring energy prices.
14:44
HD Hyundai Appoints Lee Sang-kyun to Lead Shipbuilding Business, Aiming to Strengthen Competitiveness
HD Hyundai announced on Wednesday that it has appointed Lee Sang-kyun, Vice Chairman of HD Hyundai Heavy Industries, to lead the group's shipbuilding business as part of its 2026 executive reshuffle, aimed at enhancing the competitiveness of its core businesses. In this reshuffle, Lee Sang-kyun will coordinate key strategies across subsidiaries such as HD Korea Shipbuilding & Offshore Engineering, HD Hyundai Heavy Industries, and HD Hyundai Samho, taking overall responsibility for the group's shipbuilding operations.
14:38
Le Pen pledges €140 billion in spending cuts and a constitutional referendum if elected, as Citadel executive warns France has no fiscal room for error.
French far-right leader Marine Le Pen on Tuesday proposed a more radical fiscal plan, pledging to cut €140 billion in spending over a five-year term if elected president, and planning to enshrine deficit reduction targets in the constitution through a national referendum. Economists have expressed doubts about the feasibility of the plan. Meanwhile, Reuters reported on Wednesday that Angel Ubide, head of fixed income and macroeconomic research at Citadel, warned that France's fiscal policy has little room for error, and that systemic problems in its large economy could escalate into a problem for all of Europe. The market has already reflected these concerns, with France's 10-year government bond yield briefly surpassing 5% last week, reaching a 24-year high, and the euro falling below 1.12 against the dollar, touching a 17-month low.
14:34
Swiss asset manager Partners Group gets creative to fix funds hit by a wave of client redemptions
14:26
Lookonchain: KOL Frogman's Wallets Hacked, Losing ~$4M in Crypto Assets
Lookonchain reported that two of crypto KOL Frogman's wallets were hacked, resulting in a loss of approximately $4 million. The stolen assets include 1.43 million BP ($1.77 million), 13.96 million MARSCOIN ($1.55 million), 3.7 million CASHCAT ($515,000), and other cryptocurrencies. The attacker has since swapped the stolen funds for ETH, BNB, and SOL, and laundered the assets.
14:24
IMF chief Georgieva warns AI boom is inflationary, pushing up yields and public debt to near WWII levels
IMF Managing Director Kristalina Georgieva stated that while AI is a key driver of global growth, the AI building boom is inflationary, contributing to surging bond yields in the U.S., Germany, and Japan to multi-decade highs. She added that global public debt is near its highest level since World War II, on track to soon exceed 100% of GDP, with advanced economies being the "worst offenders."
14:23
South Korea's Nuri rocket successfully delivers five primary satellites into orbit, marking its fourth consecutive success
14:22
South Korean KT&G opens new Indonesian plant, boosting annual capacity to 35 billion sticks and becoming its largest overseas base
14:14
IMF Chief Warns of Global Risk Cocktail from AI, Oil, and Debt, Urges Urgent Government Action
The International Monetary Fund (IMF) chief stated that global governments must act urgently to address challenges stemming from an unbalanced AI boom, a prolonged energy shock, and record debt piles. The IMF is preparing to host economy chiefs from around the world next week.
14:11
Samsung's HBM prices tipped to more than double in 2027
Samsung Electronics' high-bandwidth memory (HBM) prices are expected to more than double in 2027, driven by the industry's shift to HBM4 technology and tight DRAM supply, according to KB Securities. This will give memory-makers more room to raise contract prices. HBM is a crucial component for advanced AI processors, making it a key segment in the growing artificial intelligence infrastructure market.
14:10
Japan's real wages rose 1.5% year-on-year in August, marking eight consecutive months of increases. Subsidies and tax cuts provided a floor, while a wave of bankruptcies and 76% interest rate hike expectations put the central bank in a dilemma.
Japan's Ministry of Health, Labour and Welfare announced on Wednesday that real cash earnings in August rose by 1.5% year-on-year, marking the eighth consecutive month of increases and the longest streak in nearly a decade. However, a significant portion of this rise relied on government utility subsidies, which suppressed the year-on-year CPI increase to 1.9% in August, and a planned reduction in food sales tax (from 8% to 1%) effective April next year. Meanwhile, bankruptcy cases due to labor shortages reached a record high of 240 in the first half of fiscal year 2026. Overnight index swaps indicate a 76% probability of another interest rate hike by the Bank of Japan before the end of the year. The coexistence of rising wages, a wave of bankruptcies, and interest rate hike expectations is pushing the central bank into a dilemma.
14:07
UK's FTSE 100, Pound, and Gilts are set for a down day
14:06
Boston Dynamics Appoints Amazon AI Veteran Rohit Prasad as CEO
Boston Dynamics, the U.S. robotics company owned by South Korea's Hyundai Motor Group, announced the appointment of Rohit Prasad, a former Amazon AI executive, as its new CEO. Prasad officially assumed the role on Wednesday, with the company aiming to accelerate the commercialization of AI-powered robots. Boston Dynamics is known for its Atlas humanoid robot, Spot quadruped robot, and Stretch warehouse robot.
14:01
Lotte Biologics signs manufacturing deal with Alvotech to produce antibody biosimilar drug substances at its New York facility
14:00
AMD CEO Lisa Su seeks AI chip partnerships in South Korea
AMD Chair and CEO Lisa Su met with South Korean Second Vice Science Minister Ryu Je-myung and executives from 13 local AI companies in Seoul on Wednesday to explore partnerships. The discussions focused on integrating AMD's CPUs and GPUs with Korean neural processing units for AI inference systems, aiming for global markets. Demonstration projects in South Korea are planned to develop a blueprint for overseas deployment, as AMD intensifies its competition with Nvidia.
13:57
Dutch Government Plans to Cut ABN Amro Stake to 10.5% From 20.7%

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