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10/13
02:00
Meta has released its first frontier model, Muse Wonder, with performance comparable to Fable 5.1 and GPT-6 Astra.
Meta's Superintelligence Lab on Monday released two new models, Muse Wonder and Muse Wonder Full, marking the company's first foray into frontier models. The Muse Wonder model is accessible via the Meta Model API, priced at $4.00 per million input tokens and $20.00 per million output tokens, roughly comparable to the cost of GPT-6 Sol or Opus 5.5. The Muse Wonder Full model will be exclusively available to Muse Code subscribers and will not be offered via API. Meta stated that Muse Wonder and Muse Wonder Full achieved scores comparable to Fable 5.1 and GPT-6 Astra in benchmarks, performed better on complex tasks such as coding, and surpassed Fable, Opus, and Astra in "active memory" capabilities.
01:48
Robert E. Hall and Michael Woodford were awarded the Nobel Memorial Prize in Economic Sciences for their contributions to crisis management.
Robert E. Hall and Michael Woodford were awarded the Nobel Memorial Prize in Economic Sciences for their contributions to crisis management. They had previously assisted central banks in navigating the 2008 financial crisis.
01:43
The Federal Reserve's Beth Hammack stated that low-income workers initially responded to economic pressure by downgrading consumption, and are now beginning to weigh which bills to pay.
01:42
Gold advocate Peter Schiff says Saylor's Bitcoin strategy will fail by 2026.
Gold advocate Peter Schiff stated that 2026 was a disappointing year for Michael Saylor's Bitcoin buying strategy, according to Strategy's own data metrics. Schiff pointed out that Strategy's year-to-date Bitcoin return was -3.7%, meaning that despite the company's continuous accumulation of Bitcoin, the number of Bitcoins per share did not grow. As of October 11, Strategy held a total of 848,250 Bitcoins at a total cost of approximately $64 billion, with an average cost of $75,444 per Bitcoin. The company recently purchased 250 Bitcoins at an average price of $86,194.
01:37
Fed's Hammack: The question for the Fed now is how fast to make policy more restrictive
01:35
The Federal Reserve's Hammack stated that higher interest rates would not deter hyperscale companies but could impact firms in other sectors.
01:33
Fed's Hammack: Hearing "Early Warning Signs" of a Possible Problem with Inflation Expectations
01:29
The Federal Reserve's Hammack believes the neutral rate may be higher, but 3% mortgage rates could signal economic distress.
01:29
FED'S HAMMACK: TREASURY RATES RIGHT NOW ARE "MODEST" BY HISTORIC STANDARDS
01:27
Fitch Warns France's A+ Credit Rating Under Pressure from Rising Debt, Weak Growth, and Political Instability
Fitch Ratings warns that France's A+ credit rating is under pressure from rising government debt, weak economic growth, and political instability. France's proposed 2027 budget targets a deficit of 5% of GDP, but Fitch questions the government's ability to stabilize public finances. Key risks include rising debt and borrowing costs, weak economic growth, and political fragmentation complicating spending cuts. Fitch warns that failure to reduce debt could trigger a negative outlook, while a substantial further increase could lead to a credit rating downgrade. France's current outlook remains stable.
01:27
Solana proposes offline signing to keep approvals valid after failed transactions
The Solana Foundation has proposed an offline signing mechanism to replace the existing durable nonces. This proposal allows offline approvals to remain valid even after a transaction fails. The new signing procedure will add an intermediate layer between the approval and execution of cold wallet keys, requiring affected operators to re-evaluate account permissions, application access, and custody controls. This scheme will enable offline signers to approve transactions using stored nonces, allowing approval and broadcast to occur at different times. The Solana Foundation has not yet set a final date for the removal of durable nonces and has provided an approximately six-month migration window, provided that suitable alternatives are ready, audited, and running on the mainnet.
01:26
The Federal Reserve and JPMorgan Chase data show wealth growth among older Americans, which could support consumer spending.
Wealth among older Americans (baby boomers) has grown, and they are withdrawing more money from investments, which could help support current strong consumer spending, according to data from the Federal Reserve and JPMorgan Chase reported by CNBC. A report released by the Federal Reserve last Friday indicated that the inflation-adjusted median net worth of households aged 75 and older increased by 37% between 2022 and 2025, while the net worth of households under 35 decreased by 23%. A September report from the JPMorgan Chase Institute also showed that 8.2% of individuals transferred funds from investment accounts to checking accounts in the three months ending April 2026, up from 4% in the same period in 2019.
01:23
Silicon Valley startup WindBorne wins US Air Force contract worth up to $49 million for its weather balloon data
01:15
StoneX raises Securitize price target by 50% to $18 from $12, citing new revenue from tokenized stock platform on Solana
01:12
Albertsons is demanding Kroger pay over $9 billion for their failed grocery chain merger, which would have been the largest grocery chain merger in U.S. history.
01:11
Cardano (ADA) Network Records 1.78 Million Transactions in Epoch 660, Marking Highest Usage Since 2021
01:07
Meta debuts Muse Wonder AI model, requiring paid subscriptions for access
Meta debuted its latest artificial intelligence model, Muse Wonder, which it claims is its most advanced option for powering digital assistants. However, users will need to sign up for a monthly subscription of $20 or $100 to access the model within the Muse personal agent app. This move highlights Meta's strategy to generate new AI-derived revenue streams beyond its core online advertising business.
01:05
Empty Supertankers Are Avoiding Persian Gulf Oil Hub as Iran Attacks Escalate
01:04
Ontology Restarts Mainnet After Nearly 43-Hour Security Halt; No Funds Lost From Network Itself, But Ecosystem Project Losses Unresolved
01:03
Elon Musk reposts his earlier tweet, reiterating that China's manufacturing scale often surpasses the rest of the world combined, citing lithium batteries and solar as examples.
Elon Musk reposts his earlier tweet, reiterating that China's manufacturing scale often surpasses the rest of the world combined, citing lithium batteries and solar as examples. He noted that SpaceX is a rare counter-example, with its mass to orbit being roughly an order of magnitude greater than the rest of the world, though China now accounts for the majority of non-SpaceX mass to orbit. Musk described SpaceX as an "anomaly in the matrix."
01:03
Unexploded Ordnance Blast Kills Teen, Injures 20 in Northern Israel
A 15-year-old was killed and about 20 others were injured in an unexploded ordnance blast in northern Israel, Al Jazeera reported. The explosion occurred while a group of students were on a school trip. The military is investigating whether the ordnance originated from Hezbollah or the Israeli army, following previous clashes near the Lebanese border.
01:03
Meta CEO Mark Zuckerberg stated that Meta has reached the "frontier" of AI and rejected calls to slow down AI development.
01:02
Kenya Plans Over-the-Counter Market for Government Securities
00:50
AI Agents Become Dominant Activity Driver on XRP Ledger, Outspending Human Users
Autonomous AI software is now generating the main commercial flow on the XRP Ledger (XRPL), outspending human retail users via the new X402 standard. According to t54.ai data, daily settlements on XRPL reached over 600,000 transactions in late September and early October, with peaks up to 700,000. Developers are increasingly using XRP tokens and the RLUSD stablecoin for microtransactions, as traditional banks cannot support the required speed. The t54 Labs project, which provides a "Trust Layer" for AI agents, recently closed a $5 million seed round with participation from Ripple and Franklin Templeton, and has been included in Mastercard's Start Path accelerator program.
00:46
Cleveland Fed President Hammack Calls for More Rate Hikes as Inflation Risks Persist, Stating Current Policy Not Restrictive Enough
Cleveland Fed President Beth Hammack stated that U.S. interest rates need to rise further to bring inflation back toward the Fed's 2% target. In an interview with Barron's, Hammack warned that current monetary policy is not restrictive enough, despite rising bond yields. She favors smaller, more frequent rate hikes, but remains open on the timing of the next increase, adding that "more tightness is needed in the economy." Hammack also warned that prolonged inflation could become embedded in consumer and business expectations, making it harder for the Fed to restore price stability.
00:45
Crypto Fear and Greed Index drops to 56 as Bitcoin falls 5% for the week, macro headwinds weigh
The Crypto Fear and Greed Index has fallen to 56 ("neutral") on Monday, down from an August peak of 82 ("extreme greed"). Bitcoin is trading just above $82,000, down close to 5% for the week. This shift in sentiment is attributed to macroeconomic headwinds, including Brent crude topping $101 a barrel last week (now near $110), the 30-year Treasury yield hitting 5.70% (its highest since 2002), and significant ETF outflows. Spot Bitcoin ETFs saw a net outflow of $386.3 million for October, while Ethereum funds extended their outflow streak to nine days with $635 million out this month.
00:39
Zelenskyy stated that Russia attacked six energy facilities in Ukraine after Donald Trump announced a ceasefire.
Ukrainian President Volodymyr Zelenskyy stated that Russia attacked six energy facilities in Ukraine hours after US President Donald Trump announced that the two countries had reached an "energy ceasefire" agreement. Although Trump said on Sunday that the ceasefire would "take effect immediately," Zelenskyy claimed that Russia attacked "our gas stations, energy infrastructure, and other facilities," viewing it as Putin's response to Trump. The attacks caused power outages in the city of Izium, with new blackouts also reported in the Kharkiv, Donetsk, and Zaporizhzhia regions.
00:39
Bitcoin fell 2.2%, as conflicts in Ukraine and Iran pushed oil prices to a near one-month high.
Bitcoin prices remained range-bound at the Wall Street open after failing to hold above $84,000, following a conflict between Ukraine and Iran that sent oil prices to near one-month highs.
00:36
Musk injects $275mn into Republicans' fight to retain Congress, becoming the party's biggest donor ahead of November's pivotal midterms
00:33
Derive Foundation proposes to use treasury funds to advance regulated derivatives business in the United States.
The Derive Foundation has proposed using treasury funds to seek regulatory approval and establish or acquire relevant entities to advance its regulated derivatives business in the United States. However, the proposal has not yet set specific expenditure amounts or a launch date.

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