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10/9
01:25
The Venezuelan bolivar has weakened past 1,000 per dollar in the parallel market for the first time, testing authorities’ efforts to contain its slide amid declining government sales of hard currency.
01:22
Bitcoin prices continued to fall this week, dropping to $80,922 on Thursday morning New York time, a nearly 3% decline over the past day. This was primarily driven by rising oil prices and hawkish comments from the Federal Reserve. Federal Reserve Governor Christopher Waller stated on Thursday that further interest rate hikes might be necessary to curb inflation, despite "flexibility" in the pace of increases. Brent crude oil prices jumped this week following another tanker attack in the Strait of Hormuz, while Donald Trump hinted that negotiations with Iran were not progressing well. The surge in oil prices increased the likelihood of Fed rate hikes, putting pressure on "risk assets," including Bitcoin.
01:21
The firm notes that dilution limits the benefit of higher bitcoin forecasts for shareholders, despite brighter bitcoin forecasts.
01:13
The Aptos Foundation has unveiled plans to revise the APT tokenomics model, proposing to reduce annualized staking rewards from 5.19% to 2.6%, increase gas fees tenfold, and cap the total supply at 2.1 billion APT. The Foundation also committed to permanently locking and staking 210 million APT, approximately 18% of the current supply, with operational funding derived from staking rewards rather than token sales. Future ecosystem grants will be tied to performance milestones, and a buyback program funded by cash reserves and future revenue is under consideration. With the initial four-year unlock cycle concluding in October 2026, annualized token unlocks are projected to decrease by 60%. These reforms aim to reduce token issuance and increase token burning, potentially making APT a deflationary token.
01:06
Nikkei reports that Japan's Mitsubishi Materials has begun full-scale imports of tungsten from Vietnam, including products recovered from carbide scrap. This move aims to circumvent China's export restrictions, despite the higher cost of tungsten from Vietnam.
01:01
Oracle is transporting natural gas by truck to power AI data centers, bypassing pipeline delays threatening its expansion. The strategy, already used in Utah and Texas, could extend to its massive 2.45-GW Project Jupiter in New Mexico. However, trucked gas costs roughly four times more than pipeline deliveries, highlighting the growing energy challenges of AI infrastructure.
00:52
Pseudonymous GTA VI leaker “Cyberleek” has returned after a hiatus, sharing 25 minutes of alleged gameplay footage, including naked protagonists, in an attempt to pump their $CYBERLEEK token. The token's market cap has seen a 200% rise over the past two days, though it remains 94% down from its August peak of nearly $40 million.
00:45
Elon Musk reposted a tweet stating that Grok Bot excels at schedule management, far surpassing Muse and Dot. The tweet noted that Grok Bot can proactively remind users of meetings and even cancel them if necessary.
00:37
Brazil's Flávio Bolsonaro said he would work with the US and China if he becomes president, following a surprise election performance that positions him to join a wave of conservative leaders pushing Latin America closer to Washington.

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