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10/9
04:09
According to a Nikkei Asia opinion piece, Beijing's mix of regulation, infrastructure, and open models could woo the Global South, thereby benefiting China from Trump's free-for-all approach to AI.
04:08
Three safety researchers fired by OpenAI last week—Jasmine Wang, Tomek Korbak, and Mikita Balesni—have published an open letter denying the company's accusations that they mishandled sensitive information. In their letter, they warned that the dismissals are having a "chilling effect" on OpenAI's AI safety culture, making employees afraid to openly raise safety concerns or collaborate with external experts. The researchers stated that such practices, once an integral part of OpenAI's work, could now lead to termination.
04:07
Jim Cramer said his view on the wholesaler's stock improved after Costco released its September sales report.
04:00
Donald Trump posted on Truth Social to clarify his previous remarks about "a temporary rise in gasoline prices being a small price to pay to stop Iran from having nuclear weapons, otherwise the cost would be greater if Los Angeles and San Diego were bombed." He stated that this was merely a comparison between the short-term increase in gasoline prices to prevent Iran's nuclearization and the immense cost of major US cities being bombed, not an invitation for enemies to bomb the cities he loves. Trump also accused "fake news" of distorting his statements.
03:58
Japanese plastics company Sumitomo Bakelite will invest $63 million to increase production of semiconductor encapsulation materials at its Suzhou plant in China and in Singapore. The additional lines will produce materials for cutting-edge chips used in data centers.
03:49
Citrini Research, in its report "Breaking the Wall" published Thursday, suggests that the tokenization of traditional assets like stocks, bonds, and loans will create vast new markets for trading, lending, and payments. The firm believes that fee-generating platforms and companies, rather than Bitcoin and Ethereum, are poised to be the biggest beneficiaries of this shift. The report highlights firms such as Securitize, Coinbase, Circle, Figure Technology Solutions, Bullish, Aerodrome, Maple, Pendle, and Ondo Finance as potential winners. However, Citrini also cautioned about challenges including liquidity fragmentation across blockchains, security risks, and legal hurdles for synthetic tokenized stocks.
03:48
David Zervos, a new advisor to US Treasury Secretary Scott Bessent, stated that US government bond yields are likely to fall back after recently surging to a 24-year high. Zervos noted on CNBC on Thursday that real yields are "very, very high" by historical standards and have room to decline in the future. He believes that some of the pressure on global real interest rates comes from increased corporate spending in AI and energy shocks caused by the US-Iran conflict, but these are short-term issues.
03:36
Aave launched AUSD PT on Monad in December with a borrowing limit of 93%. According to The Defiant, the new reserve has reached its supply cap of 30 million tokens, with Aave showing $29.67 million supplied.
03:34
Iran's Foreign Minister Araghchi stated on October 8 that Iran and the United States are continuing indirect negotiations through mediators, according to Xinhua News Agency, citing Iran's Tasnim News Agency. Araghchi said that Iran has proposed a "seven-day plan" and has heard the US response, and will reply within a few days. The plan involves reopening the Strait of Hormuz within seven days.
03:34
According to Xinhua News Agency, US President Donald Trump posted on social media on October 8 that the United States and Iran are engaged in "productive" discussions and that the US will not attack Iran before the November 3 midterm elections. Trump's post came after US media reported that he was considering new strikes against Iran before the midterms. Following the news, the 10-year US Treasury yield briefly fell by nearly 5 basis points to 5.229%, Brent crude dropped by $1.75/barrel within 5 minutes, and spot gold rose by $10.81/ounce within 5 minutes.
03:31
Citrini Research states that AI-powered financial agents could transform crypto investing, ushering in a new era of blockchain-based financial infrastructure. The firm identifies Coinbase ($COIN), Robinhood ($HOOD), Circle ($CRCL), Ethereum, and Solana as potential beneficiaries. Citrini believes that 24/7 trading, tokenized assets, and programmable settlements will accelerate institutional adoption of blockchain.
03:31
London’s Private Markets Exchange has completed another auction. However, the exchange’s managers stated that it is too soon to discuss expansion.
03:25
Bitcoin software company Breez stated that demand for its developer tools has surged since AI coding agents went mainstream, with partnership inquiries rising roughly 14-fold. The company attributes this directly to Anthropic’s Claude Code, as developers and the AI agents they deploy increasingly seek to add Bitcoin payments to their applications due to its speed and permissionless nature. Requests have come from various apps, including fitness, messaging, eSIM, and mushroom identification services.
03:25
Swiss crypto exchange WhiteBIT announced on Thursday that it has integrated the Lightning Network, enabling users to withdraw and deposit Bitcoin more quickly and efficiently. The platform, powered by BTC infrastructure provider Voltage, will charge a 0.25% deposit fee and a 0.15% withdrawal fee for Lightning transactions. WhiteBIT CEO Volodymyr Nosov stated that this integration aims to make blockchain technology more accessible and widely adopted.
03:21
Bitcoin's market dominance surged to a 1-month high of 60.05% after a brutal crypto market sell-off on Thursday, which saw major altcoins like Ethereum, XRP, and Solana fall by 6% to 14%. The market crash led to nearly $900 million in liquidations and was linked to Brent crude oil prices soaring above $105 per barrel amid geopolitical tensions in the Middle East.
03:08
President Trump awarded the National Medal of Science and the National Medal of Technology and Innovation, the highest honors in American science and technology, to six top U.S. innovators at the "Science: A New Golden Age Summit." The recipients included Elon Musk, Sergey Brin, Jensen Huang, Lisa Su, Michael Dell, and Satya Nadella.
03:05
The announcement, which impacts several tech groups, marks the latest attempt by the White House to limit immigration.
03:05
Elon Musk reposted a tweet, stating that Grok Bot runs well on mobile and users can download the app from the Apple or Android app stores.
03:05
Tokyo time Thursday, Prudential Life Insurance Japan released a report detailing how performance-based compensation fueled years of misconduct at the company. The report noted that compensation primarily relied on commissions and included a "President's Trophy" to reward top salespeople. Company President Hiromitsu Tokumaru has publicly apologized for the matter.
03:04
The bill could upend the system that moves billions of dollars in fees that merchants hate and banks use to power rewards, according to WSJ Markets.
02:56
Nearly 500,000 barrels a day of oil-refining capacity sit in the projected path of Hurricane Isaias, raising the risk that a US fuel market with no supplies to spare will lose critical output.
02:49
The U.S. Congressional Budget Office (CBO) reported that the federal deficit is projected to surge 12% to nearly $2 trillion in fiscal 2026, marking the highest level since 2021. Government spending is expected to reach $7.4 trillion, while revenue will total just $5.4 trillion. The CBO anticipates the deficit will exceed 6% of GDP, with publicly held debt surpassing 100% of GDP. Rising Treasury yields are threatening to push borrowing costs even higher, adding pressure to an already strained fiscal outlook.
02:46
Musk reposted a tweet from @Rothmus, which noted that SpaceX's launch count increased from 8 in 2016 to 170 in 2025. The tweet emphasized that SpaceX's launch volume has surpassed the combined total of all other countries globally, and it is anticipated that by the end of this decade, with the continued flights of Falcon rockets and the launch of the Starship program, other countries' positions in the space sector will be merely a footnote on SpaceX's charts.

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