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10/17
21:11
Decrypt published an article offering "Tokenmaxxing" tips: How to efficiently utilize AI models to save costs.
Decrypt noted that AI companies charge per token, but most users waste a significant number of tokens on tasks that could be completed with cheaper models. The article provided various strategies, from initial prompting to using AI agents, aimed at helping users reduce costs and improve the effectiveness of AI model usage. For example, Meta employees consumed 60 trillion AI tokens in 30 days earlier this year, with an estimated cost of up to $900 million. High-end models from Anthropic and OpenAI are 100 times more expensive than their low-end counterparts. The article suggested that users select appropriate models based on the task, optimize prompts, start new conversations for new topics, limit output length, and utilize free models.
21:08
Zelenskyy called Starlink's speed limits in Ukraine a "premeditated action" that hindered the country's efforts to intercept Russian attacks.
21:04
AI glasses can act as travel guides, snap photos and translate languages, with cheaper options in China, but technical hitches are slowing mass adoption, analysts say.
21:02
Ripple CTO Emeritus David Schwartz Warns of Wallet Scam Posing as SecuX App Notification, Demanding Recovery Phrases
Ripple CTO Emeritus David Schwartz has issued a security warning after receiving a suspicious notification on an Android device, appearing to be from the SecuX wallet app. The notification claimed "Your funds may be at risk, critical vulnerability detected in SecuX wallet, verify your wallet immediately" and included a link to a scam page asking for 12/24-word recovery phrases. Schwartz strongly warned users against entering such phrases. The incident follows SecuX's announcement on October 16 of emergency maintenance to its app, though the origin of the scam notification remains unknown. SecuX has also urged users not to click suspicious links or share recovery phrases.
20:53
Egypt's el-Sisi pledges 'any measure' to help defend Saudi Arabia against increasing Houthi attacks, calls for parliamentary approval if needed
Egyptian President Abdel Fattah el-Sisi pledged to take “any measure” to defend Saudi Arabia amid increasing attacks by Yemen’s Iran-backed Houthis. Speaking at a Military Academy graduation ceremony, el-Sisi said Egypt was prepared to act to protect the kingdom, in accordance with the directives of King Salman and Crown Prince Mohammed bin Salman. He acknowledged that such action would require parliamentary approval and called for an emergency session to grant authorisation “if needed”.
20:51
Berkshire Hathaway shares closed Friday at their highest point since Warren Buffett announced his resignation as CEO, with Class A shares at $798,000 and Class B shares at $532.02.
20:45
US and Iran both claim control over the Strait of Hormuz; tanker attacks push Brent crude to $110.
Al Jazeera reported that both the United States and Iran claim control over the Strait of Hormuz, with each side offering differing accounts of recent vessel attacks. At least two ships were struck by mines this week, and the UK Maritime Trade Operations (UKMTO) reported at least 12 vessel attacks in the week leading up to October 16. Brent crude prices surged to $110 per barrel on Friday, the first time since May, due to the escalating attacks. General Cooper, commander of U.S. Central Command (CENTCOM), stated late Friday that the Strait of Hormuz is controlled by the U.S. and its regional partners, not Iran. Iran's acting defense minister, however, stated on Saturday that attacks would continue.
20:44
Hardline Israeli Rabbi Issues Ruling Allowing Settlers to Steal Palestinian Olives, Sparking Strong Protests
Rabbi Dov Lior, a prominent Israeli rabbi, issued a Jewish ruling on Friday permitting settlers to steal olives from Palestinian olive groves in the occupied West Bank. The ruling claims that Palestinian landowners have received sufficient compensation in previous years when Israeli restrictions prevented them from harvesting olives, and allows Jews to pick these olives to assert ownership over Palestinian land. Lior even categorized this act as an "additional virtue." This move comes amid a wave of settler attacks on Palestinian farmers, with at least 19 people injured in 34 attacks on Friday.
20:43
Iran's Foreign Minister Araghchi: Choice to Reopen Strait of Hormuz Rests with US After Tehran Shared Plan
Iran's Foreign Minister Abbas Araghchi stated that Tehran has shared a seven-day plan with the US, via Qatar, to reopen the Strait of Hormuz. He emphasized that "the choice now rests with the United States," adding that security cannot be restored by repeating past mistakes like bombing, threats, and sanctions. Araghchi made these remarks in Baghdad, where he is attending the Council of Ministers of the Organisation of Islamic Cooperation’s meeting.
20:33
IRGC: Second Supertanker Catches Fire After Hitting Mine in Gulf, Carrying Over 2 Million Barrels of Crude Oil
According to Iran's semi-official Tasnim news agency, citing sources from the Islamic Revolutionary Guard Corps (IRGC), a second supertanker caught fire after hitting a mine in the Gulf earlier today, following Friday's attacks on two oil tankers in the Strait of Hormuz. The vessel was carrying over 2 million barrels of crude oil. The IRGC stated that the tanker had shut down all navigation and radar systems while attempting to pass through an "illegal route." After hitting the mine, a violent explosion occurred in the engine room, rendering the ship immobile.
20:19
Eclair v0.14.4 fixes a browser cache authentication vulnerability, preventing malicious webpages from controlling Lightning nodes.
Eclair released v0.14.4 on October 15, fixing a browser attack vulnerability. This vulnerability allowed malicious web pages to send authenticated commands to the Lightning node API via HTTP Basic authentication cached in the browser, potentially leading to node channel closures or fund transfers. The new version blocks such cross-origin requests by returning HTTP 403 when the API receives an Origin request header. The fix does not affect the normal use of command-line tools (curl/eclair-cli). The official recommendation is for users to upgrade, and the upgrade process does not require closing Lightning channels.
20:18
Iranian Commerce Executive Warns Exports to Pakistan Will Stop if US Banking Sanctions Continue; Shipments Already Halted
Payman Sanandaji, head of the Transportation Commission of the Tehran Chamber of Commerce, stated that Iran's exports to Pakistan have been temporarily halted due to US banking sanctions, making banking processes difficult. While imports from Pakistan to Iran continue, their feasibility depends on Pakistan's cooperation. Sanandaji warned that if these restrictions persist, Iran's exports to Pakistan will effectively cease.
20:01
Iran's Foreign Minister Araghchi says Iran is ready to help halt Saudi-Yemen conflict, blames US/Israeli aggression for Strait of Hormuz insecurity
Iran's Foreign Minister Abbas Araghchi stated that Iran is ready to provide any assistance to halt the conflict between Saudi Arabia and Yemen, emphasizing there is no military solution to the Yemeni issue after 12 years of tension. He also attributed insecurity in the Strait of Hormuz to US and Israeli aggression, noting attacks began on February 28 and have continued. Araghchi further called for collective action by Islamic countries to end Israel’s occupation and what he termed genocide against Palestinians.
20:01
BIS Paper Finds Banks Could Slow Stablecoin Growth by Raising Deposit Rates, Cutting 10-Week Growth From 15% to 12% With 1 Basis Point Rise
19:18
Stellantis plans to hire hundreds of additional engineers in Europe and the United States this year to support its transformation plan to launch dozens of new models.
19:17
Cardano founder Charles Hoskinson says network will be "complete" after Leios upgrade, targeting 1,000 TPS
Cardano founder Charles Hoskinson stated that the Leios upgrade, which aims to massively increase transaction throughput to 1,000 transactions per second (TPS) and is currently in its Fire phase on the Musashi Dojo testnet, is the final major milestone for his long-term vision of a "decentralized, infinitely scalable, and secure" Cardano.
19:05
Strive offers 15% annual Bitcoin dividend via new SATS preferred stock, priced at $90 with 16.7% implied yield
On Oct. 15, Strive priced seven million shares of its new SATS preferred stock at $90 apiece, despite each share carrying a $100 stated amount and a $15 annual dividend. This puts the implied cash yield at 16.7% for buyers. The offering is expected to raise $630 million before expenses, with settlement scheduled for Oct. 20. Strive plans to use the proceeds to acquire Bitcoin, support its business, buy income-generating assets, or repurchase other shares.
19:01
Israeli drone strike on a car in Rafah, Gaza, kills at least one Palestinian.
An Israeli drone strike on a car in Rafah, a city in the southern Gaza Strip, killed at least one Palestinian and injured another, Al Jazeera reported. Since this morning, four other Palestinians have been killed in Israeli drone strikes in the Gaza Strip.
18:47
Oil Trader Yaoyao Liu, Who Made Billions for Vitol, Is Leaving the Firm
Yaoyao Liu, known for generating billions of dollars for Vitol Group through oil derivatives trading, is departing the commodities trading giant. Liu, 39, reportedly stepped back from daily trading around mid-year, with his team's book experiencing significant losses in the past two consecutive years. However, some sources indicate he had been planning his retirement since 2025.
18:38
Iran War Drives Up Energy Costs, Philippines Solar Industry Booms
The Philippine solar industry is booming as the war in Iran drives up energy costs, prompting local residents and businesses to invest in rooftop solar panels. Reportedly, rooftop solar installations in the Philippines have almost doubled since early 2025, with solar panel imports reaching $407 million between March and May of this year.
18:33
Houthis seize key districts in Yemen's Taiz, gaining strategic mountain position overlooking the city
Houthi forces have captured key districts leading to a strategic mountain overlooking Yemen's Taiz, which would give them a strategic military advantage. The UN warned that the humanitarian situation in the city is deteriorating, with severe shortages of food, medical supplies, and cooking gas, while fuel prices are rising. The Houthis have reportedly called on government forces to surrender, as Taiz is considered a major stronghold for the government.
18:16
Al Jazeera: Israeli drone strike on the city of Deir al-Balah in the central Gaza Strip kills at least one Palestinian and injures another.
An Israeli drone strike on the city of Deir al-Balah in the central Gaza Strip killed at least one Palestinian and injured another, Al Jazeera reported. Three other Palestinians have died in Israeli drone strikes in the Gaza Strip since this morning.
18:07
Al Jazeera: Israel's withholding of funds from the Palestinian Authority has pushed the healthcare system in the West Bank to the brink of collapse.
The healthcare system in the West Bank is rapidly deteriorating due to Israel's blocking of funds to the Palestinian Authority (PA), Al Jazeera reported. Israeli Finance Minister Bezalel Smotrich spearheaded the withholding of tax revenues, plunging the PA into financial distress, making it unable to pay healthcare workers full salaries and purchase essential medicines. Hospitals face funding shortages, medical staff receive only half their salaries, and many cancer patients are seeing their conditions worsen due to missed critical treatments or lack of medication.
18:07
IMF chief Georgieva urges support for poorer nations struggling with high inflation and war spillovers, noting they spend 8-14% of revenue on debt repayments.
IMF Managing Director Kristalina Georgieva urged support for low-income countries, stating they now spend 8 to 14 percent of their revenue on debt repayments, up from previous years. Speaking as the IMF’s annual meetings in Bangkok concluded on Saturday, Georgieva highlighted that these nations face high inflation, price shocks from war spillovers, and higher borrowing costs, while missing out on the AI investment boom.
18:05
Lebanon's National News Agency: Israeli forces shelled the Ain al-Samahiyeh area in southern Lebanon.
According to Lebanon's National News Agency, the Ain al-Samahiyeh area in Lebanon's southern Nabatieh province, located between the towns of Zawtar al-Sharqiyah and Mayfadoun, continues to be subjected to Israeli artillery shelling.
17:50
IMF Warns Bank of Japan May Need to Accelerate Rate Hikes If Inflation Exceeds Expectations
The International Monetary Fund (IMF) has uncharacteristically endorsed Japan's monetary policy normalization, with Krishna Srinivasan, Director of the Asia and Pacific Department, stating during the IMF Annual Meetings in Bangkok this week that the Bank of Japan (BOJ) "is doing the right thing" and warning that if inflation rises faster than expected, "they must tighten faster." This statement comes as global bond markets are under pressure, with the French 10-year government bond yield briefly approaching 5% (a new high since 2002) and the US 10-year government bond yield climbing to a multi-decade high of 5.28%. Analysts believe that Japan's policy normalization and the resulting repatriation of Japanese capital could be one of the structural forces behind the global bond market turmoil. Data shows that as of July this year, Japanese investors' holdings of French government bonds decreased by 2.5% compared to the end of last year, and funds under Sumitomo Mitsui DS Asset Management have liquidated their French bond holdings.
17:48
Iran's Assembly of Experts warns against "underestimating enemy threats."
The Assembly of Experts in Iran warned in a statement that "it is the duty of all of us not to underestimate threats from the enemy," and called for "not denying existing problems, not undermining hope, not neglecting to correct shortcomings, and not being content with the status quo." The assembly stated that efforts must be made to make governance more efficient, fair, accountable, and people-centered, and called for "national cohesion."
17:44
Anthropic Co-founder Jack Clark: AI Could Push U.S. GDP to $44 Trillion by 2030
Anthropic co-founder Jack Clark stated that an internal model projects AI could boost U.S. GDP from $30 trillion to $44 trillion by 2030. Clark attributes this to accelerating AI capabilities and scientific breakthroughs, but emphasizes the need for stronger global AI regulation, noting the forecast remains highly speculative.
17:35
Iran-backed Houthis strike Yemen's Aden presidential palace and airport, killing 5 and wounding 16
The Iran-backed Houthis fired missiles at the presidential palace in Yemen's interim capital Aden on Thursday, killing five people and wounding 16. On Friday, two missiles landed on the grounds of Aden International Airport as a passenger plane prepared for takeoff, though no casualties were reported. The attacks come as Yemen's war has reignited, becoming another front in the wider regional conflict involving Iran, and follow the Houthis' seizure of the strategic Bab al-Mandeb strait. The UN Security Council and International Civil Aviation Organization have condemned escalating Houthi attacks on Saudi Arabia and civilian aviation.
17:20
Al Jazeera: Israeli drone strike in northeast Gaza City kills at least 2 Palestinians
At least two people were killed and several others injured after an Israeli drone struck the Tuffah neighborhood in northeastern Gaza City, Al Jazeera reported, citing local sources and the Al-Shifa Medical Complex. Witnesses said the victims were returning from the burial of a person previously killed in a drone strike.

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