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10/10
03:09
White House Director Michael Kratsios announced a comprehensive suite of science initiatives at the 'Science: A New Golden Age Summit'. These include a $1.5 billion NSF X-Labs program over 10 years for scientific challenges, a $47 million NSF investment for PhD students to gain industry experience, and the expansion of The Genesis Mission (America's super intelligence for science initiative) to over 15 federal agencies with a $5 billion commitment to national science and technology challenges. The administration also aims to produce a scientifically relevant, fault-tolerant quantum computer by the end of this term, return Americans to the lunar surface by 2028 with the first nuclear reactor in orbit, establish moonbase elements by 2030, and achieve commercial fusion activity by mid-2030s. Additionally, the 'Kyoto Vision for a Golden Age of Science' has been endorsed by 17 countries.
03:01
Cardano founder Charles Hoskinson accused Ethereum co-founder Vitalik Buterin of undermining quantum-resistant cryptography with speculative warnings about AI-driven mathematical breakthroughs. In an Oct. 9 post, Hoskinson challenged Buterin's skepticism toward lattice-based cryptography, arguing that decades of security research had already accounted for the technology's known weaknesses. He warned that encouraging developers to abandon established approaches could slow the adoption of protections already being deployed across internet infrastructure, leaving systems exposed to future quantum attacks. Buterin had previously warned that AI-assisted mathematical discoveries could weaken cryptography designed to resist quantum computers, stating Ethereum's long-term roadmap favors hash-based signatures over lattice-based designs.
02:54
Former FTX COO Constance Wang stated that the Netflix series "The Altruists" inaccurately depicted the collapse of FTX, turning it into a love story.
02:53
Massive bearish options trades on Micron and Nvidia signal growing skepticism in chip sector. On Friday, over 180,000 put options traded in the SMH semiconductor ETF by midday, compared to 50,000 calls, with $46 million in put premiums versus $26 million in calls. In Nvidia, a single trade saw 100,000 180-strike puts expiring on January 15 bought for $21 million, implying a 22% drop in Nvidia's stock by expiry if it's a speculative position. For Micron, approximately $270 million in premiums were tied to likely put-buying, including deep in-the-money put contracts expiring in June 2028, suggesting a net $14.5 million bearish spread position.
02:52
AI-generated deepfake advertisements have become increasingly prevalent in the lead-up to the pivotal US midterm elections on November 3, raising concerns about misleading voters. Political candidates and their supporters have spent over $80 million to create more than 164 AI-based ads this election season, with Republican candidates and their backers responsible for 80% of these, according to the Wesleyan Media Project. While many ads include disclaimers, experts suggest they aim to communicate "deeper truths rather than factual truths," potentially impacting voter trust. Currently, 31 states have laws requiring AI-generated ads to be labeled, but there is no federal law on the matter.
02:51
More than 100 international humanitarian, human rights, and civil society organizations issued a joint statement saying that a year after the ceasefire agreement, the truce in Gaza is "a ceasefire in name only." The statement noted that Israeli forces continue to kill Palestinians and restrict aid, equipment, and reconstruction materials, preventing families from recovering. Since the ceasefire agreement took effect on October 10, 2025, at least 1,471 Palestinians have been killed and 5,189 injured. Since the war began in October 2023, more than 74,000 Palestinians have been killed and 175,000 injured.
02:51
Avalanche founder Emin Gün Sirer stated that artificial intelligence (AI) has the ability to discover critical vulnerabilities in the XRP Ledger that humans have not yet perceived. He believes that AI attacks on blockchain software are a more pressing threat than the risk of existing crypto systems being compromised. Sirer emphasized that the crypto industry is overly focused on potential cryptographic breakthroughs while neglecting the risk of AI detecting significant software vulnerabilities. He pointed out that more advanced AI models could uncover previously undiscovered vulnerabilities in blockchain software, libraries, and crypto wallets, which attackers might exploit to steal billions of dollars. Sirer previously posted on X, saying, "We will see AI exploit system-level vulnerabilities before ECDSA (Elliptic Curve Digital Signature Algorithm) disappears."
02:35
A senior executive at Kobe Steel, Japan, stated that the company is considering mergers and acquisitions in overseas markets, including India, to boost gas compressor production. This move aims to address challenges posed by the weak yen and high manufacturing costs, driving the company's transformation towards more profitable machinery businesses.
02:30
Ethereum's draft EIP-7906 proposal seeks to enhance transaction safety by widening outcome checks, allowing wallets and protocols to enforce rules over transaction results. The proposal introduces POST_TX frames to inspect the resulting state and reject execution that violates configured rules. However, its effectiveness in preventing bad trades still depends on meaningful financial limits set by policies that transaction builders cannot weaken. If a builder sets a permissive minimum, an outcome just above that floor can pass, and rejected outcomes would still incur gas fees for the payer.
02:26
Former President Donald Trump announced the formation of a committee to help him decide whether to fire Federal Reserve Governor Lisa Cook. Trump has accused Cook of mortgage fraud and previously attempted to dismiss her, but the Supreme Court blocked that effort on procedural grounds while allowing him to try again. Cook is expected to attend a White House hearing on Nov. 5, where she can bring an attorney. The committee will weigh the evidence against her and her response, with a follow-up deadline of Nov. 10. Her attorneys welcome the opportunity to present facts but express doubts about the hearing's legitimacy. The committee will recommend to the president whether there is cause for her removal, with the final decision resting with the president. Cook is still expected to participate in the Fed's upcoming interest rate vote on Oct. 28, and this development does not immediately affect Jerome Powell's standing at the Fed.
02:22
According to CNBC, tanker attacks in the Strait of Hormuz have surged to wartime highs as Iran attempts to stifle a rebound in crude oil exports. In the week ending October 4, a total of 11 tankers were attacked in the Strait of Hormuz, the highest number of commercial vessel attacks in a single week since the war began in late February. This week saw an additional 5 tanker attacks, including one on Friday where a tanker named Gem No. 2 was hit by a projectile and caught fire near the coast of the UAE.
02:20
Longview Asset Management, the family office that has owned General Dynamics since 1959, sold approximately 10% of its stake, totaling nearly $1 billion, between August 26 and October 1. The sales, which included 2,707,871 shares for gross proceeds of about $954 million across 25 separate transactions, cut its position from 27,096,788 shares to 24,388,917 shares. General Dynamics' stock has declined 13% since August 26, making the selling conspicuous, especially as broader indices like the S&P 500 rallied during the same period. A spokesperson for Longview attributed the sales to general portfolio diversification, stating they were "unrelated to any matter pertaining to the Issuer."
01:53
Al Jazeera reported that drones belonging to Sudan's paramilitary Rapid Support Forces (RSF) attacked Wad al-Mahi province in Blue Nile State on Friday, killing at least 30 displaced civilians, including 26 women and four children, and injuring dozens more. The attack occurred at an informal gold mining site near a refugee camp.
01:52
Listed companies in Japan sold 8.89 trillion yen ($56.2 billion) in cross-shareholdings in the fiscal year ended March, the second-highest amount on record, as companies look to improve asset performance, according to a Nikkei analysis. Holdings are down 30% in three years.
01:38
Binance founder Changpeng Zhao (CZ) has advised cryptocurrency investors to implement a strict "quarantine" period for newly purchased hardware wallets, refraining from using them for large asset transfers for at least two weeks. This recommendation comes in response to a recent incident in Southeast Asia where Ledger distributor CryptoBilis suffered a supply chain attack, resulting in approximately $86.9 million in losses for hundreds of investors in Malaysia, Indonesia, and the Philippines (involving Bitcoin, Ethereum, and Tron networks). Attackers physically opened packages in the distributor's intermediate warehouse and replaced the original instructions with pre-generated seed phrases. Ledger announced on October 9 that it had suspended sales through CryptoBilis and emphasized that its factory production, firmware, and Ledger Live application were unaffected, with only the logistics chain being compromised. CZ noted that physical devices could be tampered with before reaching customers, and official websites could also be hacked. Therefore, a quarantine period would provide time for on-chain analysts to detect theft and issue alerts. Over the past three months, physical delivery has become a major vulnerability for cold storage, with Coldcard and Trezor also reporting similar incidents.
01:37
Global jet fuel supplies are tightening due to Ukrainian attacks on Russian refineries and shipping disruptions in the Middle East, leading to a surge in US jet fuel prices. Jet fuel prices have reached $4.95 per gallon in New York and $4.91 in Los Angeles, marking their highest levels since March and April of this year, respectively. Concurrently, US diesel inventories are at seasonal historical lows, further pushing up jet fuel market prices and airline operating costs.
01:37
Bitcoin rebounded to $82,837 on Friday, up 1.38% for the day, after falling to $80,427 on Thursday (its lowest level since early September). However, prediction market Myriad data shows a 67% chance of Bitcoin falling to or below $80,000 in October, a 40% chance of falling to $77,500, and a 24% chance of falling to $75,000. Additionally, Bitcoin ETFs saw outflows of $484.9 million and $244 million on Wednesday and Thursday, respectively, indicating that market sentiment remains cautious.
01:31
Former President Donald Trump is reportedly pressuring Mexico to agree to energy deals during ongoing 'crunch' trade talks, according to the Financial Times. The talks are seen as critical for future trade relations between the two countries.

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