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10/13
13:29
Asian chip stocks' plunge triggers $800M tokenized bet liquidations, SanDisk liquidations exceed XRP
Within the past 24 hours, approximately $803 million in leveraged positions were liquidated on crypto exchanges, with 86% being long positions. Tokenized chip stock contracts suffered heavy losses due to a plunge in Asian chip stocks. Tokenized bets on the U.S. memory chip manufacturer SanDisk saw liquidations totaling $19.09 million, surpassing XRP's $18.78 million. The KOSPI index fell over 6%, and Bitcoin briefly dropped to $81,000.
13:26
Novo Nordisk seeks national health insurance coverage for Wegovy in Korea
Novo Nordisk Korea has applied to the Health Insurance Review and Assessment Service for reimbursement of its obesity drug Wegovy, pharmaceutical industry sources said Tuesday. This move aims to significantly lower treatment costs and intensify competition in Korea's obesity drug market, where it seeks to regain ground against Eli Lilly's market-leading Mounjaro and Hanmi Pharmaceutical's upcoming homegrown rival, Eppe.
13:21
Data Center Operator AirTrunk Is Said to Delay $1.5 Billion IPO
Data center operator AirTrunk is delaying a planned initial public offering until next year, as higher interest rates and market volatility temper investor demand, according to people familiar with the matter.
13:17
BBC Analysis: US Midterm Elections to Determine Trump's Remaining Two Years, Republicans Hold Slim Majority in House
BBC analysis indicates that the US midterm elections will be held on November 3, electing all 435 seats in the House of Representatives and approximately one-third of the seats in the Senate. Currently, the Republican Party controls the House with a slim majority of 218 seats, while leading in the Senate with 53 seats. The analysis suggests that President Donald Trump's current approval rating is around 37%, significantly lower than 43% at the same point in his first term, which provides an opportunity for the Democratic Party to regain control of Congress. In terms of campaign funding, the Republican Party and its allies possess over $600 million in cash, while the Democratic Party has slightly less than $400 million. Additionally, Donald Trump's MAGA Inc organization holds over $400 million. Key issues for voters include the cost of living crisis, healthcare, and immigration. The BBC also noted that Donald Trump's previous airstrikes on Iran led to a surge in gasoline prices, exacerbating cost of living pressures.
13:16
Ukraine's former Commander-in-Chief Syrsky told the BBC that Russia's offensive capabilities have been broken.
Former Ukrainian Commander-in-Chief Oleksandr Syrskyi stated in an interview with the BBC that Ukraine has stabilized the front lines and "broken Russia's ability to advance" by inflicting heavy casualties on Russian soldiers. This was his first interview since being dismissed this summer. Syrskyi also claimed that Russia's total losses in the war are six times higher than Ukraine's, and if only fatalities are counted, the ratio rises to 11 times. He believes that this disparity in casualties, technological advancements, and the strategy of attacking Russian weaknesses while containing their advances in other areas are the reasons for the current front-line stalemate. He also revealed that Russia occupied only 61 square kilometers in the first half of 2026, indicating that the front lines have stabilized.
13:15
Musk reposted a tweet: Starlink Mini successfully rescued five people in distress at sea.
A vessel named "Magic Bus" sank in a storm off the coast of North Carolina. The captain used Starlink Mini to connect to a mobile phone and successfully called the U.S. Coast Guard, ultimately leading to the rescue of all five people on board.
13:14
Former UK Prime Minister Rishi Sunak stated on Tuesday that the US-led global order has ended, and the world has entered a period of high geopolitical uncertainty, with Donald Trump being a "symptom" of this disintegration.
13:11
France's ecosystem deploys agentic computing at scale with NVIDIA across diverse industries
French companies are deploying agentic computing across various sectors, including space, financial services, the public sector, and scientific research, leveraging NVIDIA technology. Bull plans to extend its European AI server production to NVIDIA Vera Rubin Ultra NVL72 systems by 2028. Additionally, the Altair-1 satellite, part of a $1 billion, 50-satellite constellation, has launched with NVIDIA Jetson AGX Orin edge modules running Mistral's models for autonomous operations. NVIDIA Nemotron open models are also in production, with Twake.ai (built on Nemotron) becoming the sovereign digital workplace for over 2,500 French public organizations. In financial services, SBS is launching a sovereign platform with NVIDIA to enable banks to deploy generative and agentic services. L'Oréal is using the NVIDIA ALCHEMI Toolkit to accelerate cosmetic formulation discovery, targeting up to 100x faster results. ThinkDeep and Akila have built a digital-twin agent powered by NVIDIA Cosmos and Nemotron, managing infrastructure in Côte-d'Or and cutting operating costs by 10%.
13:10
Shinhan Financial Group became the first Korean financial group to establish a holding company in Indonesia.
Shinhan Financial Group announced on Tuesday that it has become the first Korean financial group to establish a holding company in Indonesia. By converting Shinhan Bank Indonesia into an operating holding company, it has formed Shinhan Financial Group Indonesia, aiming to strengthen its foothold in Southeast Asia's largest economy. The bank has acquired a controlling stake of 50% plus one share in both Shinhan Indo Finance and Shinhan Sekuritas Indonesia, integrating its banking, finance, and securities businesses.
13:10
HD Hyundai and Siemens open joint research center in Busan to accelerate smart shipbuilding with AI and virtual shipyard tech
13:09
Jeffrey Cho, an executive at LG Innotek, was awarded the Silver Tower Order of Industrial Service Merit for his contributions to manufacturing innovation and exports.
LG Innotek announced on Tuesday that Jeffrey Cho, its Senior Vice President and Head of the Packaging Solution Business Unit, was awarded the Silver Tower Order of Industrial Service Merit at the 21st Electronics and IT Day ceremony in Seoul. The honor recognizes his contributions to manufacturing innovation, equipment localization, and export growth. LG Innotek's cumulative exports reached nearly 80 trillion Korean won (approximately $56 billion) between 2021 and 2025.
13:07
Anthropic reports 90-99% reduction in illicit data extraction from its AI models
In a separate announcement on Monday, Anthropic, the creator of the Claude family of AI models, stated it had made substantial progress preventing "distillation attacks." These attacks involve the unsanctioned use of cutting-edge AI to train cheaper, less capable models. The San Francisco-based firm, which has accused Chinese competitors DeepSeek, Moonshot, and MiniMax of "industrial-scale" efforts to copy Claude, said the measures it introduced had reduced the illicit extraction of data by 90-99 percent.
13:07
Anthropic researchers warn small AI models could self-replicate on home devices within 'months'
Researchers at AI giant Anthropic stated in a report released on Monday that small artificial intelligence models may be months away from being capable of self-replicating on everyday consumer products like smart TVs and fridges, without needing a data centre. The company's frontier red team, which conducted experiments with multiple US- and Chinese-developed AI models, noted that such self-replicating AI would be "challenging to shut down" due to the lack of a centralised host. Experts described these findings as a significant development, highlighting that an AI worm could reason about unfamiliar devices, adapt when approaches fail, and spread without human operators.
12:58
Brokerage technology startup Alpaca is set to enter prime brokerage, driven by tokenized stocks.
Brokerage technology startup Alpaca is preparing to enter a Wall Street business long dominated by large banks: providing trading financing to hedge funds and other large investment firms, a move fueled by tokenized stocks, as cryptocurrency platforms venture into stock trading.
12:53
CC (Canton) surged 6.24% in the past 4 hours, now trading at $0.1236.
12:53
ADA (Cardano) surged 6% in a short-term rally within 4 hours, now trading at $0.2384.
12:47
Hyundai's Atlas features four fingers, Tesla's Optimus five, driven by distinct market strategies
Hyundai Motor Group's Boston Dynamics has opted for a four-finger design for its electric Atlas humanoid robot, believing it reduces cost and complexity without sacrificing industrial work benefits. In contrast, Tesla's Optimus humanoid robot has five fingers, aiming for humanlike dexterity. These contrasting designs reflect the companies' differing bets on the future of the humanoid robot market.
12:46
Musk reposted the Florida Governor's tweet, confirming that Tesla is providing free Supercharging services in hurricane-affected areas.
12:46
SK Hynix fell 10.03% today, now trading at ₩1,444,000.
12:44
Soybeans Decline as Traders Wait for China to Step Up Purchases
Soybeans fell as top importer China has yet to make significant purchases after a weeklong holiday, and the supply outlook for the US remained ample.
12:41
Ronaldo Waved Saudi Flag Scarf After Match Interrupted by Missile Alert
Portuguese football star Cristiano Ronaldo waved a scarf with the Saudi flag after Al Nassr won the AFC Champions League. The match had previously been interrupted due to a missile alert in Riyadh. Yemen's Houthi rebels had attacked the Saudi capital, including the international airport.
12:38
Upbit to suspend KRW deposits, withdrawals and related services from 23:56 on October 17 for Kbank maintenance
Upbit announced that due to Kbank system regular maintenance, KRW deposits and withdrawals, as well as account verification services via Kbank, will be temporarily suspended from 23:56 on Saturday, October 17, 2026, to 10:00 on Sunday, October 18, 2026.
12:38
Crypto trader "Realist" was subjected to a knife-point robbery at his UK residence, losing approximately $800,000 in crypto assets.
Crypto trader "Realist" was robbed at knifepoint at their UK residence, losing approximately $800,000 in crypto assets, The Defiant reported. Transaction records show that their confirmed Solana address received nearly 719,000 USDC, which was subsequently transferred.
12:32
IMF upgrades 2026 global economic growth forecast to 3.1%, citing AI investment boom offsetting Middle East conflict impact
The International Monetary Fund (IMF) on Tuesday nudged its 2026 global growth forecast to 3.1%, up 0.1 percentage point from its July projection. This upgrade is attributed to economies boosted by the artificial intelligence investment boom, which offset those negatively impacted by the Middle East conflict.
12:32
NEAR Protocol (NEAR) is up 6.04% in the last 4 hours, currently trading at $5.351.
12:31
ZEC (Zcash) surged 6.11% in the past 4 hours, now trading at $1,216.56.
12:30
Jump Trading Hires Startup Founding Team to Lead Its Computational Division
Jump Trading has hired the founding team of a startup specializing in access to trading computational power to lead its compute division. The move comes as market makers venture into emerging asset classes amid the AI boom.
12:21
Investors are flocking to government bond funds to lock in the highest yields in decades, despite a sharp sell-off in the U.S. Treasury market.
12:21
EU hybrid curbs to offer only temporary respite against Chinese carmakers
Some western executives warn that the measures will only briefly protect European companies.
12:20
Bitcoin climbs above $83,000, decoupling from falling South Korean stocks and Nasdaq futures.
Bitcoin recovered above $83,000 in early trading after dipping to just under $81,000. This rally decoupled from the sharp decline in South Korean chip stocks, with Samsung Electronics and SK Hynix both falling by approximately 8%, and the weak performance of Nasdaq futures. Investors are now focused on the upcoming U.S. Consumer Price Index (CPI) report, due on Thursday.

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