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10/8
04:07
Cardano wallet firm SecondFi launches recovery portal for $21M hack victims, offers $8 for each unrecoverable NFT
Cardano wallet firm SecondFi has launched a recovery portal for victims of its $21 million hack. Protos reports that holders whose NFTs cannot be returned would receive 30 ADA, then worth about $7.60. The portal lets affected users check eligibility against a snapshot of the June 2026 incident and submit a claim using a new Cardano wallet address. Protos says SecondFi’s guide tells affected users to enter their private recovery phrase on its webpage and warns of spoofing and man-in-the-middle risks. SecondFi’s current recovery page says the phrase is processed only on the user’s device to generate a proof and is not transmitted or stored. Users should verify the official domain independently and avoid links sent in messages.
04:06
The U.S. President signed two congressional bills aimed at improving Social Security services and strengthening federal program oversight.
The U.S. President signed two congressional bills on October 7, 2026. H.R. 5345, the "Improving Services for Victims of Identity Theft Act," aims to establish a single point of contact for individuals whose Social Security numbers have been misused or whose Social Security cards have been lost. S. 766, the "Billions in Waste Reduction Act of 2025," requires annual reports on federally funded projects that are more than five years behind schedule or more than $1 billion over budget.
04:06
White House Announcement: U.S. President Donald Trump declared October 12, 2026, as Columbus Day, emphasizing that its legacy will not be erased.
04:00
Fed Minutes: Inflation risks lean to the upside, with energy prices and increased AI investment adding to upside risks.
The Federal Reserve's September meeting minutes revealed that almost all participants viewed inflation risks as skewed to the upside, with some officials noting that this upward bias had strengthened in recent months. Officials pointed to recent increases in energy prices, geopolitical risks, and tariffs as factors that could prolong inflation beyond expectations. The AI investment boom also emerged as a significant source of inflation risk discussed at the meeting, with some officials suggesting that AI could push up inflation through increased demand, rising input costs, and greater financing needs.
03:56
Market Watchers: US Midterm Elections to Test Defense Sector Investor Sentiment
Market observers state that the US midterm elections will be a potential test of investor sentiment toward the rapidly growing defense sector. President Donald Trump is seeking to increase the military budget by over 40% to approximately $1.5 trillion, but the feasibility of this plan largely depends on whether the Republican Party can maintain control of Congress.
03:56
Charles Schwab survey: 60% of US crypto investors plan to increase holdings in next 12 months
03:52
US Spot XRP ETFs Hold $1.7 Billion, Saw $3.9M Net Inflows Last Week
According to market data tracker Maketo, five US spot XRP ETFs held an estimated $1.7 billion in accumulated exposure as of October 6. Last week, these funds collectively recorded approximately $3.9 million in net inflows. On October 6, Bitwise's fund saw about $11 million in inflows, while Franklin and Canary recorded outflows of roughly $4.1 million and $3.3 million, respectively.
03:51
Wells Fargo, the fourth-largest bank in the U.S., is reportedly in talks with Payward, the parent company of Kraken, to explore cryptocurrency trading liquidity.
Wells Fargo, the fourth-largest bank in the U.S., is reportedly in discussions with Payward, the parent company of Kraken, for a potential agreement where Payward could provide crypto asset trading liquidity. Discussions are ongoing and may not result in a final agreement.
03:49
Saylor tweeted, "Bitcoin. Don’t leave home without it.", seemingly alluding to Bitcoin's importance (borrowing from an American Express advertising slogan).
03:45
Musk reposted a tweet: Starlink deployment in India has been hindered for nearly five years.
Elon Musk reposted a tweet from XFreeze, which stated that the Starlink team has been working for nearly five years to bring high-speed internet to India, especially in rural and remote areas. Starlink has obtained telecom licenses and IN-SPACe approval, established over 20 gateway sites, and designed operational plans according to India's security requirements, including keeping Indian user data within India. However, due to pending final approvals and spectrum allocation, Starlink is currently unable to provide services to any commercial customers. The tweet emphasized that approximately 64% of India's population (about 941 million people) lives in rural areas, and with Starlink ready and ground infrastructure built, this multi-year delay is frustrating, especially in the context of the "Digital India" strategy aiming to bridge the connectivity gap.
03:42
Australian Treasurer Chalmers: Australia will still increase defense spending and purchase Japanese frigates despite planned budget cuts in FY2026.
Australian Treasurer Jim Chalmers stated that despite planned budget cuts for the 2026 fiscal year, Australia will increase defense spending and fulfill its commitment to purchase Japanese warships. Chalmers noted that Australia, like some other countries, is facing inflation issues.
03:36
Porsche shifts focus back to gasoline-powered luxury cars after EV and China struggles
Porsche is refocusing on gasoline-powered luxury cars, emphasizing midsize vehicles and sports cars, after an overambitious move into electric vehicles and slow growth in China.
03:25
Saylor retweeted a post stating that tech giants like NVIDIA, Microsoft, Apple, and Amazon dominate their respective fields, while MicroStrategy holds approximately 4% of Bitcoin, suggesting the market is still in its early stages.
Saylor retweeted Phongle's post, which listed the market shares of several tech giants in their respective fields: NVIDIA holds approximately 80% of global AI data center chip revenue, Micron holds approximately 20% of the DRAM market, Google holds approximately 50% of the search advertising market, Microsoft holds approximately 50% of the productivity software market, Apple holds approximately 50% of the smartphone market, and Amazon holds approximately 30% of the cloud infrastructure market. The post concluded by stating that MicroStrategy (referred to broadly as "Strategy" here) holds approximately 4% of all Bitcoin ever created, and summarized, "We are still early."
03:21
NEAR (NEAR Protocol) is up 6.05% in the past 4 hours, now trading at $5.325.
03:13
Fed says US intervention to support yen in late July used Treasury funds, not its own
The Federal Reserve said on Wednesday that the US participation with Japan in intervening to support the Japanese yen in late July was a Treasury Department move, and that its own funds weren’t involved.
03:13
South Korea's Yoido Full Gospel Church database was hacked, potentially exposing data of 850,000 members, with a security firm detecting signs of AI-assisted attacks.
South Korea's Yoido Full Gospel Church announced on Wednesday that its database was hacked, potentially leading to the theft of personal data belonging to 850,000 members. A security company discovered attack records showing AI sub-agent activity, suggesting the attack may have been AI-assisted. South Korean President Lee Jae-myung also confirmed on Tuesday that AI is believed to have been used in recent hacking attacks on South Korean commercial banks, including a data breach affecting approximately 25,000 customers of Shinhan Bank.
03:12
Ultra-Orthodox Rabbi Lando's anti-Zionist remarks stir Israel election row
Ultra-Orthodox Rabbi Dov Lando's anti-Zionist remarks have ignited a political storm ahead of Israel's October 27 parliamentary election. Lando, a spiritual leader of the Degel HaTorah party, suggested Jews might have been better off without a state and that soldiers adhering to 'Religious Zionism' were dying due to 'distorted Torah' teachings. He also stated that living well with Arabs is possible without a state, and international or Palestinian rule would be 'the best situation'. These comments, though first published in February 2025, resurfaced amid intense debate over ultra-Orthodox military service exemptions, putting Prime Minister Netanyahu in a difficult position as his ultra-Orthodox allies oppose conscription.
03:12
Witnesses spot Eritrean troops inside northern Ethiopia's Adigrat, days after countries severed ties
Witnesses told Reuters they saw Eritrean soldiers driving through the northern Ethiopian town of Adigrat on Wednesday. Eritrea's Information Minister Yemane Meskel did not deny the border crossing, but stated Ethiopia's government was creating a "fallacious narrative of 'self-defense' to rationalise its war of aggression." This comes after Eritrea announced on Thursday it was severing diplomatic ties with Ethiopia, following Addis Ababa's decision to close its embassy in Asmara and expel 10 Eritrean diplomats. If confirmed, this would mark the first time Eritrean forces have been seen inside Ethiopia since fighting resumed between Ethiopian forces and an armed alliance on September 23.
03:06
Wells Fargo is in talks with Payward, Kraken's parent company, to seek cryptocurrency trading liquidity.
Wells Fargo is reportedly in talks with Payward, the parent company of cryptocurrency exchange Kraken, to seek crypto trading liquidity, CoinDesk reported. Under the potential agreement, Payward would provide Wells Fargo with crypto asset trading liquidity. These discussions indicate that major banks are increasingly turning to established crypto companies to support their digital asset growth ambitions amid an increasingly friendly regulatory environment.
03:04
Nikkei Asia Analysis: Japan-China Thaw at APEC Summit Remains Elusive
Nikkei Asia analysis indicates that former Japanese Foreign Minister Takeshi Iwaya met with senior Chinese diplomat Wang Yi on September 28, but a thaw in Japan-China relations at the APEC summit remains difficult to achieve.
03:03
Trump Administration to Unveil Over $1 Billion AI Science Initiative
President Trump is set to attend a White House summit on Thursday, where the administration will announce more than $1 billion in industry commitments to its "Genesis Mission" from companies including OpenAI, Anthropic, and AMD. Federal agencies will also invest over $100 million in AI-driven science tools, alongside the establishment of a new 14-institution compute hub across 10 southeastern states. The initiative aims to accelerate scientific breakthroughs and strengthen U.S. leadership in advanced AI.
02:50
CNBC Analysis: Nasdaq 100 Implied Correlation Anomaly Creates Buying Opportunity for Investors
CNBC analysis suggests an "implied correlation" anomaly in the Nasdaq 100, presenting a buying opportunity for investors.

The analysis points out that the implied correlation of Nasdaq 100 index options is currently low (1-month forward implied correlation is 0.177, near the three-year low of 0.128), making index options relatively cheaper than individual stock options. This offers investors a more capital-efficient way to go long on tech stocks by purchasing call options, while reducing the downside risk associated with directly buying QQQ (Nasdaq 100 index ETF). The article also mentions that upcoming midterm elections and earnings reports from tech giants could lead to market volatility.
02:49
Ethereum drops 6%, approximately $1.35 billion in long positions at risk of liquidation.
Ethereum's price decline towards $2,500 has put approximately $1.35 billion in leveraged long positions at risk of liquidation. According to CryptoSlate data, Ethereum has fallen 5.9% in the past 24 hours to $2,570. CoinGlass data shows that $233.36 million in Ethereum positions were liquidated in the past 24 hours, with long positions accounting for $221.87 million. Additionally, on October 6, spot Ethereum ETFs saw a net outflow of approximately $202 million, the largest single-day outflow since September 16, marking six consecutive trading days of net outflows.
02:49
NVIDIA and Microsoft partner to launch RTX Spark and AI Agent, aiming to bring AI agents to Windows PCs.
At a Microsoft event in San Francisco, NVIDIA CEO Jensen Huang and Microsoft CEO Satya Nadella jointly announced that the two companies are collaborating on hardware and software to enable AI agents to run on Windows PCs. Huang stated that NVIDIA's founding would not have been possible without Windows, and now AI agents are coming to Windows. This announcement includes RTX Spark, which brings NVIDIA's full AI stack to Windows laptops and compact desktops. Laptop pre-orders opened today and will be available on October 16, while compact desktops will be available in November. Additionally, the event previewed the NVIDIA DGX Station for Windows, the first desktop AI supercomputer to bring GB300 Grace Blackwell-class AI infrastructure to the Windows ecosystem.
02:44
A legacy Keeper contract of MakerDAO was exploited, resulting in over $500,000 worth of ETH being stolen.
According to Protos, a legacy auction Keeper contract belonging to MakerDAO was exploited, resulting in the theft of over $500,000 worth of ETH. CertiK's analysis indicates that the attacker exploited a function in the contract that lacked access control, removing 200 ETH. These ETH were won by the Keeper contract with "zero bids" during the "Black Thursday" liquidation crisis in 2020, and four batches of 50 ETH each were never settled, which the hacker exploited. The stolen funds were subsequently transferred out in batches via Tornado Cash.
02:42
Grayscale says crypto ETF market is entering new phase as Zcash ETF tops $1 billion
Grayscale's Krista Lynch says SEC listing standards cover about 15 tokens, letting crypto ETF issuers get selective beyond bitcoin and ether.
02:42
Hertz Creditors Work with Advisors as Multi-Billion Dollar Debt Restructuring Battle Looms
According to Bloomberg Markets, creditors of Hertz Global Holdings Inc. are forming at least two groups to prepare for potential negotiations with the company over billions of dollars in debt maturing in the coming years.
02:41
Saudi Arabia states Houthi attacks on the airport have killed 3 foreign nationals and injured 36 others.
The Saudi General Authority of Civil Aviation announced that Houthi attacks on Abha Airport and King Khalid International Airport resulted in 3 civilian deaths and 36 injuries. Specifically, the attack on Abha Airport killed two female residents (one Moroccan, one Algerian) and injured 28, while the attack on King Khalid International Airport killed one Sudanese citizen and injured 8 other residents, including 5 Saudi citizens.
02:37
Microsoft launches Surface Laptop Ultra with Nvidia AI chip, starting at $2,599
Microsoft has started taking preorders for its new Surface Laptop Ultra, which features an Nvidia AI chip and is priced from $2,599. The device, announced at a company event in San Francisco on Wednesday, will begin shipping on October 16. It can be configured with up to 128 gigabytes of unified memory and deliver up to one petaflop of computing power, matching the computing power of Nvidia's 2016 DGX-1 data center server, which cost $250 million.
02:36
Middle East crisis sends tanker freight rates soaring; a supertanker chartered from the US to China costs $76 million, 10 times the pre-war rate.
Global shipping costs have surged due to the Middle East crisis, CNBC reported, citing sources. A supertanker was recently chartered to transport oil from the U.S. Gulf Coast to China for $76 million, 10 times the pre-conflict rate of $7 million to $10 million. The tanker, named Alexandros, was chartered by trading firm Trafigura and is expected to load around November 19. Based on its capacity of 2 million barrels, the shipping cost amounts to $38 per barrel. The Persian Gulf conflict has led to a shortage of available tankers, and Middle Eastern oil producers are using a shuttle system to export oil through the Strait of Hormuz, which requires more vessels for crude oil transport.

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