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10/9
13:55
Cardano founder Charles Hoskinson lashed out at Ethereum co-founder Vitalik Buterin after Buterin warned that AI-driven mathematical discoveries could significantly undermine the stability of lattice cryptography within the next two years. Hoskinson called Buterin's remarks "unsubstantiated" and "highly speculative," arguing that his stance could hinder the transition from classical to post-quantum cryptography, causing severe damage to the cybersecurity industry.
13:49
More than 80% of buildings in the Gaza Strip have been damaged or destroyed since Israel launched its war on the area in October 2023, Al Jazeera reported. UNESCO has verified damage to 164 cultural sites, including mosques, churches, archaeological sites, and museums, leaving many neighborhoods unrecognizable and causing widespread destruction to infrastructure.
13:42
On October 8 (ET), U.S. spot Bitcoin ETFs recorded total net outflows of $244 million, with only the Franklin Bitcoin ETF (EZBC) reporting a net inflow. Spot Ethereum ETFs saw total net outflows of $72.544 million, marking their eighth consecutive day of net outflows.
13:29
Russian authorities stated that the Irkutsk Siberian and Far Eastern Anti-Plague Research Institute has completed preventative measures following the death of an employee, after nearly 5,000 laboratory tests found no dangerous pathogens.
13:23
Core Lightning, software for running Bitcoin Lightning payment nodes, has released version v26.06.9, which addresses critical security flaws and fixes a regression from v26.06.8 that could delay channel traffic on busy nodes. The update also adds protections for forwarded funds by force-closing channels if a payment contract (HTLC) reaches its deadline during shutdown, preventing potential loss. Maintainers urge users to upgrade as soon as practical.
13:09
Jio Platforms Ltd. of India is seeking a record initial public offering (IPO), but investors are questioning its high valuation expectations. This marks the first major deal independently led by Akash, heir to the Ambani family and Reliance Industries Ltd., facing an early test.
12:56
According to the Financial Times, DWF Labs affiliates DWF Maas and Falcon Digital have sued crypto custodian BitGo in London's High Court, seeking $141 million in damages. The plaintiffs allege that BitGo breached OTC agreements by selling Falcon Finance (FF) and ESPORTS tokens before their agreed lock-up periods expired, putting downward pressure on token prices and reducing the value of DWF's remaining holdings. The agreements included an initial three-month lock-up followed by additional vesting restrictions. BitGo declined to comment on the lawsuit. The allegations have not been proven in court.
12:38
Indonesian sovereign wealth fund Danantara plans to invest $5 billion at home in 2026, according to its chief investment officer. This follows its deployment into multiple overseas projects this year.
12:38
Solana is scheduled to complete its final upgrade today, halving block production time to 200 milliseconds. The reduction, from 250 milliseconds, is expected around 15:00 UTC at epoch 1053, according to Anza, developer of Solana's Agave validator software. This change, part of the SIMD-0525 technical proposal, will allow the blockchain to target five block-production opportunities per second, improving transaction processing speed. However, validators face higher costs and tighter operating windows, as they must vote twice as frequently and each block will carry a maximum of 30 million compute units, down from 37.5 million.
12:24
Pimco's investment chief warns that US 10-year Treasury yields risk hitting 6% for the first time since 2000, adding that a further sharp rise in borrowing costs is 'feasible' as market participants are forced to unwind losing bets.
12:20
Bitcoin miners are recovering from months of financial pressure, with daily industry revenue climbing 78% from July's lows of $27 million to $48 million, according to CryptoQuant's weekly report. This follows Bitcoin's approximately 45% recovery from $58,000 to above $83,000. The hashprice, a measure of mining economics, also recovered to over $40 per petahash per second per day, its highest since January. CryptoQuant's Miner Profit/Loss Sustainability indicator shifted from "extremely underpaid" (May-August) to "fairly paid" since August 21, when Bitcoin reached approximately $76,000. This improvement has also led to a reduction in miner selling pressure, with extreme outflows not occurring since August 21, when about 29,000 BTC moved out of miner wallets.
12:18
Wallstreetcn analysis indicates that the massive capital expenditure demand from the AI industry for computing infrastructure, coupled with the high fiscal deficits and debt refinancing needs of governments worldwide (especially the U.S.), are simultaneously vying for global capital markets. This is leading to a systemic increase in the cost of capital, forcing "demand rationing" in the bond market, and potentially impacting capital markets and the real economy. The article cites data showing that the five largest AI hyperscale data center operators have issued approximately $220 billion in debt this year, with AI-related capital expenditures projected to rise to $1 trillion next year. Concurrently, the U.S. federal budget deficit for fiscal year 2026 has climbed to $1.993 trillion, the highest level since 2021. Furthermore, Japanese investors, becoming more discerning due to rising domestic interest rates, have begun to reduce their allocations to French and U.S. government bonds, exacerbating the global capital crunch.
12:09
The pan-African lender, Ecobank Transnational Inc., is stepping up efforts to boost ties with China, the continent’s biggest trading partner, and reduce reliance on the dollar by facilitating direct yuan payments for clients trading with China.
11:28
MAS Managing Director Chia Der Jiun called for building trusted foundations for digital finance across digital assets, digital money, and digital infrastructure, to enable innovation to scale safely and commercially, during his keynote address at the INSEAD Digital Finance & Agentic AI Summit on October 9.
11:27
Multinational corporations such as Visa, Technicolor, PayPal, and Fidelity have cut hundreds of jobs in India's technology hubs, Nikkei Asia reported. Industry executives said artificial intelligence is prompting companies to re-evaluate their large workforces, leading to a slowdown in hiring at these institutions, known as Global Capability Centers (GCCs).
11:07
Minutes from the Federal Reserve's September 15-16 meeting, released on October 7, indicated that market participants cited heavy private debt issuance for AI infrastructure as one factor pushing Treasury yields and term premiums higher. This development creates a new macro headwind for Bitcoin, as massive AI infrastructure spending competes for long-term capital, potentially keeping borrowing costs elevated even after the Fed ceases hiking interest rates. The Bank for International Settlements (BIS) estimates the five largest technology companies will spend over $1 trillion on AI-related capital expenditure across 2025 and 2026. While stronger earnings have helped AI-linked equities absorb higher financing costs, the long-term risk of an AI investment bust could lead to a downturn and eventual liquidity support, which BitMEX co-founder Arthur Hayes believes would favor Bitcoin.
11:04
Xiaomi Corp shares jumped the most in three months after the Chinese electric vehicle maker reported strong order numbers for its SkyNomad model.

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