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10/10
23:32
Blockstream CEO Adam Back criticized Ethereum's early design decisions, describing its architecture as "obviously broken" and stating that Bitcoin's Unspent Transaction Output (UTXO) model reflects Satoshi Nakamoto's deeper understanding of distributed systems. This follows warnings from Ethereum researchers that AI could compromise crypto signatures in months. Ethereum co-founder Vitalik Buterin responded, advising against scrambling to move funds but emphasizing the need to take AI-accelerated mathematical risks to cryptography seriously.
23:27
Navi Pillay, this year's Nobel Peace Prize winner and former ICC judge, criticized the Trump administration's sweeping penalties on the International Criminal Court (ICC) as "unheard of" and "unacceptable." The US unveiled the sanctions, which include a ban on US entities making transactions with the ICC, hours after Pillay was awarded the prize on Friday, citing the court's alleged threat to American sovereignty and its past investigations into US soldiers in Afghanistan and arrest warrants for Israeli officials. UN Secretary General Antonio Guterres called the US decision "a serious blow" to international criminal justice, with several European countries, Canada, and Japan also expressing regret and strong disagreement.
23:16
King Khalid International Airport in the Saudi capital, Riyadh, was reportedly attacked again on Saturday, leading to an evacuation of the airport. This follows two deadly attacks on the airport claimed by Yemen's Houthi rebels the previous day, which killed three Saudi citizens, including a pilot. The attacks occurred amid escalating fighting between Yemeni government forces and Houthi rebels, with the Houthis stating that the attacks on Saudi Arabia were in retaliation for its support of government forces in the Yemeni civil war.
23:14
According to The Block's analysis of SoSoValue data, spot Ethereum ETFs saw a net outflow of $542.1 million last week, marking their worst weekly performance since January this year, and have experienced outflows for nine consecutive trading days, totaling $697.2 million. During the same period, spot Solana ETFs ended a record 14-week streak of inflows, with a net outflow of $24.8 million last week, the largest weekly outflow for the product since its launch in October 2025. Additionally, spot Bitcoin ETFs also saw a net outflow of $681.1 million last week, ending three consecutive weeks of net inflows. The three types of crypto ETFs collectively saw outflows of approximately $1.25 billion last week.
23:10
Bitcoin mining derivatives provider Luxor noted in its September review report, published on October 9, that the annualized financing spread for Bitcoin ranged between 6% and 13%. This yield comes from discounts accepted by miners for upfront capital, but the ultimate return still depends on mining delivery, counterparty performance, and financing terms.
23:10
Physicists at George Washington University have published a study proposing a formula to estimate how many "good" answers an AI chatbot can provide before it starts exhibiting "anomalous" responses. Early tests on small models showed the formula's predictions were 94% accurate (15 out of 16 explicit tests were correct).
23:06
Papertrade draws reported $3 billion in positions in its first hour, with combined trader balances and house liquidity at $137.1 million. These funds are not all available to pay winning trades, according to DefiLlama.
23:02
J.P. Morgan Asset Management is bullish on the fixed income market, with portfolio manager Priya Misra believing investors now have an opportunity to take on credit risk in high-quality companies and earn a 6.5% yield without sacrificing credit quality. She stated that this strategy is particularly suitable for investors concerned about overexposure to AI stocks. Misra co-manages the JPMorgan Core Plus Bond ETF (JCPB), which has fallen more than 5% year-to-date. Joanna Gallegos, co-founder of BondBloxx, also advises investors to take advantage of the current "historically attractive" bond market yields, citing strong corporate fundamentals and continued economic growth.
23:01
Musk reposted a tweet from software engineer mattyp, which explained how software development has evolved into "data labeling" and introduced the process of building website characters using the AI model Grok. Mattyp stated that he drew inspiration from the X platform, using bots to crawl examples and creating a sliding interface to judge character traits, which were then used by cloud agents to generate new appearances. Ultimately, Grok was responsible for recreating the actual project and performing vectorized rendering.
22:51
Elon Musk reposted a tweet from @Rothmus, which claims that Ambani runs India’s internet policy. The tweet states that despite Starlink winning a telecom license and space approval last year, the Indian government still refused to allow it to sell subscriptions. It further alleges that Jio, a telecom company owned by Ambani, had previously lobbied hard to force an auction that would slow down any outsider. After four years of paperwork, Musk publicly questioned if Ambani is the real boss of India. While the ministry insists the process is fair and that no monopolies are allowed, the tweet highlights that the world’s biggest telecom company continues to block Starlink, which could reach villages its own towers will never cover. Starlink already serves Bangladesh, Sri Lanka, and Bhutan, but India remains closed to it.
22:27
Musk reposted a tweet from Shopify CEO Tobi Lütke, who stated that Shopify feels "absolutely magical" right now and that this is "clearly the greatest moment in the history of technology," hoping that similar feelings are shared elsewhere.
22:25
The Trump administration on Thursday suspended eight tech companies, including Microsoft and Adobe, from sponsoring foreign workers for green cards under the Labor Department's PERM program, citing claims they favor foreign workers. Vice President JD Vance specifically accused Microsoft of replacing 6,000 laid-off workers in 2025 with H-1B visa holders. While the suspension doesn't affect H-1B temporary work permits, data from USCIS shows Microsoft received 6,258 H-1B approvals last year, with two-thirds going to existing employees. Amazon and Meta were the top two H-1B sponsors in fiscal 2025, but neither was suspended.
22:23
Musk retweeted a post explaining the deeper purpose behind creating SpaceX and Tesla, stating that both companies aim to "increase the probability of the future being good." He said Tesla is designed to "accelerate sustainable energy," while SpaceX is dedicated to "making life multi-planetary and providing global Starlink internet service." Musk emphasized that the good these companies do will far exceed his personal philanthropic endeavors.
22:20
Chandler Fang, former Ripple Product Lead, stated that agentic payments transaction volume on the XRP Ledger is growing faster than expected. J.A. Akinyele, Engineering Lead at RippleX, predicted that XRPL's agentic payments transaction volume could soon reach 100 million. Currently, XRPL has processed over 13 million agentic payment transactions through 168 x402 merchants, compared to approximately 1 million in July. Agentic payments currently account for about 25% of the XRP Ledger's total activity.
22:12
Since the outbreak of the conflict between Israel and Hamas in October 2023, widespread destruction of offices, clinics, and shops in the Gaza Strip has led to a severe real estate crisis for local professionals. Many doctors, engineers, accountants, and teachers have been forced to convert tents into temporary workplaces to make a living and continue providing services. According to data from the Palestinian Central Bureau of Statistics, over four-fifths of buildings in Gaza have been damaged or destroyed since 2023, causing rents to skyrocket to more than ten times pre-war levels, making them unaffordable for many.
22:10
An unknown address has transferred 470,087 Solana (SOL) tokens, worth over $51 million, to the leading U.S. crypto exchange Coinbase. This large transaction is widely perceived by market participants as an attempt to sell, especially given Solana's recent price downturn from a high of $123 earlier this month to below $110.
22:08
The Texas Business Court on October 2 dismissed a derivative lawsuit filed by shareholder Gary Guillaume against Coinbase directors. The court ruled that because Coinbase had reincorporated from Delaware to Texas on December 15, 2025, the shareholder was required to first make a written demand to the board of directors, as mandated by Texas law, before filing suit. Guillaume failed to meet this requirement, and his lawsuit was dismissed without the court ruling on whether the directors engaged in misconduct. Coinbase CEO Brian Armstrong praised the ruling on October 9, stating it would encourage more companies to register in Texas.
21:45
Russian state media reported on Saturday that Russian President Vladimir Putin had conveyed Tehran's vision for a possible end to the war in Iran to US President Donald Trump. Kremlin spokesman Dmitry Peskov said Putin sent the message to Trump after reaching an agreement with Iranian President Hassan Rouhani.
21:29
Ripple-backed Evernorth has completed its SPAC merger and is expected to begin trading on Nasdaq under the ticker XRPN on Monday, Oct. 12. The transaction involves approximately 473 million XRP and $300 million in cash proceeds. Despite this corporate milestone, XRP's price continues to decline, with weekly losses of roughly 9% to 10%, trading around $1.40-$1.41 on Oct. 10. This is attributed to broader cryptocurrency market weakness, macroeconomic factors like higher oil prices, elevated U.S. Treasury yields, a stronger dollar, and Bitcoin's decline.
21:18
The U.S. Supreme Court on Tuesday (October 6) heard oral arguments in a significant case concerning Intel's 401(k) retirement plan. The case could impact employer interest in private investments within 401(k) plans and is related to the Department of Labor's upcoming new regulations on private investments in retirement plans. At the core of the case is whether employees claiming underperformance of a retirement plan need to propose a "meaningful benchmark" for evaluation. During the arguments, the justices appeared skeptical of plan sponsors' investment choices easily becoming targets for lawsuits, with several justices leaning towards the view that a "meaningful benchmark" is needed when evaluating investment performance, and that one cannot "compare apples and oranges." Legal experts believe the justices' questions suggest they may be inclined to rule in favor of Intel and uphold the Ninth Circuit's decision that allegations of underperformance alone are insufficient to constitute a lawsuit unless a "meaningful benchmark" that the court can evaluate is provided.
21:18
US Secretary of State Marco Rubio delivered a speech in Athens, invoking ancient Greco-Persian Wars and calling Iran's current leaders "fanatics." Iran's security chief Mohsen Rezaei and parliament Speaker Mohammad Bagher Ghalibaf responded by referencing the Roman Emperor Valerian's capture by Persian forces, warning that "Anyone who brings history into this must be prepared for its repetition." Iran's Ministry of Foreign Affairs accused Rubio of using an "America First" narrative to justify military escalation against Iran, calling his rhetoric "anachronism."
21:07
France's National Assembly Finance Committee this week voted to approve two amendments: taxing the conversion of crypto assets into stablecoins, and imposing an exit tax on wealthy crypto asset holders who move abroad. However, the committee on Friday rejected the entire revenue section of the 2027 budget by a vote of 31 to 3. This means these crypto tax amendments will not automatically proceed to a full parliamentary debate, and their proponents will need to reintroduce them during the plenary debate starting October 13. If ultimately passed, the stablecoin transaction tax and crypto asset exit tax would take effect on January 1, 2027. The stablecoin transaction tax would be levied at France's flat rate of 31.4%, and the exit tax would apply to taxpayers whose total crypto assets exceed 800,000 euros and who meet residency duration requirements. The committee also approved an amendment allowing crypto asset losses to be carried forward for 10 years to offset future gains.
21:07
Bitcoin traded near $82,900 in PerpFinder's snapshot at 09:36 UTC on October 10, CryptoSlate reported. Traders are closely watching whether a weekend rally will bring new leverage or further position liquidations. US spot Bitcoin ETFs saw total outflows of nearly $730 million between October 7 and October 8, with $484.9 million on October 7 and $244.1 million on October 8. However, on October 9 (Friday), ETFs recorded net inflows of $21.1 million. Analysis suggests that if Bitcoin falls below $80,400, it could retest $80,000.
20:57
Israeli attacks have killed at least seven people in the Gaza Strip, including an 8-year-old girl, Al Jazeera reported, citing medical sources. The incident occurred on the first anniversary of the US-backed "ceasefire" agreement, which has been described as "dead in all but name." The Gaza Ministry of Health stated that Israeli attacks have killed at least 1,481 Palestinians and injured 5,254 since the so-called ceasefire took effect on October 10 last year.
20:37
Cardano-linked privacy network Midnight's NIGHT token will be listed on OKCoinJapan, the Japan branch of OK Group, starting October 13, 2026. This marks another step in Midnight's expansion into the Japanese market, following its listing on S.BLOX in August 2026.
20:28
Bitcoin spot ETFs recorded approximately $681.1 million in net outflows last week, ending three consecutive weeks of net inflows. Among them, Fidelity's Bitcoin ETF saw the largest outflow at $380.36 million, followed by ARK 21Shares Bitcoin ETF (ARKB) with $207.21 million in outflows. BlackRock's Bitcoin ETF, however, recorded a small net inflow of $1.02 million. Analysts believe this indicates investors are becoming more cautious about their Bitcoin exposure after the recent market correction.
20:15
Ukrainian President Volodymyr Zelenskyy and emergency services reported that Russia attacked residential buildings in Zaporizhzhia city with five glide bombs on Saturday morning, killing at least 15 people, including 3 children, and injuring 16 others. More people are expected to be buried under the rubble. Zelenskyy condemned the attack, stating that Russia interprets any easing of pressure as a signal to continue the war. The attack occurred hours after US President Donald Trump announced a diesel import deal with Russia, which Zelenskyy had criticized as "playing right into Russia's hands."
20:14
Ethereum co-founder Vitalik Buterin said in an October 9 interview that AI has become an important factor in advancing the Lean Ethereum roadmap. Buterin stated that given the roadmap's current goals and ambition, without AI, the work might have taken until 2040 or even 2050 to complete, adding that AI is now contributing to a significant amount of research and coding, substantially accelerating progress.

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