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10/17
23:06
Chinese Startup StepFun Launches AI Agent-Built Phone STEPX Neo
Chinese AI startup StepFun, backed by Tencent, has launched the STEPX Neo phone, featuring an AI agent built directly into its operating system rather than as a separate app. Pre-orders for the device opened in China on October 13, priced at 3,999 yuan (approximately $560). Its AI agent, Amoo, has already partnered with nearly 100 companies and products, including Alipay, Tencent, Ctrip, Didi, and Meituan.
23:02
Citrini Research sees tokenization boom, but profit capture remains key question
Influential research firm Citrini Research, known for its work on broader technology and market trends, stated in its 79-page report "Breaking the Wall" that real-world asset (RWA) tokenization could finally give blockchains a clear role in finance. The report suggests tokenization can make financial assets behave more like software, enabling seamless movement across applications and use as collateral. However, the firm notes that for investors, the harder question is figuring out which companies, networks, and protocols will capture the revenue. Experts offer varied views: some see infrastructure providers and distribution platforms as key beneficiaries, others believe the real economics emerge from post-tokenization trading and lending activities, while some suggest investing in underlying networks like Ethereum, BNB Chain, and Solana. BitMEX co-founder Arthur Hayes also envisions a future where AI agents run financial services, leveraging programmable assets and always-on markets.
23:02
DBi co-founder advises investors to reconsider bond allocations, pivot to managed futures strategies
Bonds have underperformed over the past decade, and investors should consider shifting some of their bond allocation to managed futures exposure, according to Andrew Beer, co-founder of DBi, as reported by CNBC. He believes that managed futures strategies can effectively hedge against stock market volatility, offering a fresh perspective for traditional 60/40 portfolios. Beer's iMGP DBi Managed Futures Strategy ETF (DBMF) has risen nearly 19% year-to-date (as of Thursday's close). However, Nate Geraci, president of NovaDius Wealth Management, argues that bonds still play a role in diversified portfolios and should not be entirely abandoned.
23:01
OIC condemns 'sinful attacks' against Saudi Arabia
The secretary-general of the Organisation of Islamic Cooperation (OIC), Ismail Ould Cheikh Ahmed, strongly condemned recent Houthi attacks on Saudi Arabia at a meeting of foreign ministers in Baghdad. He stated that these attacks constitute a flagrant violation of Saudi sovereignty, the sanctity of Islamic holy sites, and undermine regional stability, adding that they go against Islamic and humanitarian values, the OIC's charter, and international law.
22:57
Coinbase Sent Over 152 Million SHIB Tokens to Dead Wallets in Last 30 Days
Coinbase has sent over 152.3 million Shiba Inu (SHIB) tokens to dead addresses in the last 30 days, making it the second-largest SHIB burner for the month. These tokens were transferred across 9 transactions, likely stemming from Coinbase's trading fees and transactions. In the last 24 hours, over 61 million SHIB tokens were burned, causing a 100% uptick in the daily burn rate. Meanwhile, SHIB price was down 2.36% in the last 24 hours.
22:47
Arab League condemns Houthi attacks on Yemen's Aden and Marib, calling them a "dangerous escalation" and "violation of international law"
22:41
CoreWeave Inc.'s junk bond yields surged to 15% this week, after its co-founder said the company is exploring financing in investment-grade debt markets.
22:40
Saudi-led coalition says it intercepted and destroyed 4 drones over Riyadh, Eastern and Southern Provinces
22:33
Egypt's Parliament to Hold Emergency Session Sunday for Authorization to Defend Saudi Arabia Amid Houthi Attacks
22:30
California Gov. Newsom signs executive order to examine AI kill switches, reversing earlier veto as he eyes 2028 presidential run
California Governor Gavin Newsom signed an executive order on Saturday, asking for independent verification of AI models and establishing an expert committee to create “kill switches” for AI agents that could go rogue. This move comes as Newsom is reportedly eyeing a 2028 U.S. presidential run. He had previously vetoed a similar bill in 2024, stating it would “thwart the promise of this technology,” but later signed the nation's first frontier AI bill into law in October 2025.
22:29
Nearly two-thirds of U.S. builders say immigration enforcement affects their workforce, causing hundreds of thousands of dollars in losses, a survey shows.
Nearly two-thirds of U.S. homebuilders reported that immigration enforcement is impacting their workforce, according to a September survey by John Burns Research & Consulting. This figure is up from 23% in March and 13% a year ago. Scott Brannock, president of Tidewater Homes in Jacksonville and chairman of the Northeast Florida Builders Association, stated that the loss of labor has caused his company to be "almost at a standstill," leading national builders to miss projections and face hundreds of thousands of dollars in losses.
22:04
Polygon has completed its acquisition of US crypto payment provider Coinme, with the CEO stating the aim is to enter the payment industry dominated by Visa and Stripe, and expects to achieve profitability by 2027.
Polygon Labs, the developer of the Polygon blockchain, has completed its acquisition of Coinme, a U.S.-regulated crypto payment provider. Marc Boiron, CEO of Polygon, stated that the move aims to enter the payment processing industry, dominated by companies like Visa and Stripe, to control customer relationships and capture revenue previously flowing to payment intermediaries. Boiron noted that Polygon no longer views itself as competing with blockchains, but rather as a payment company focused on using blockchains (specifically Polygon) to transfer funds. The company expects its regulated payment business to become profitable by 2027.
21:58
Nationwide protests have erupted in France, with clashes between protesters and police in Paris and other cities. The Interior Ministry stated that 166 people have been arrested.
National protests have erupted across France, with clashes between protesters and police in cities including Paris, Marseille, and Lyon. The protests are aimed at rising prices for goods such as fuel and food. French government data indicates a total of 140 protests nationwide with approximately 32,800 participants, and 166 arrests have been made so far. In Marseille, there were reports of protesters breaking into the city hall and looting shops; in Lyon, the local tourism office was set on fire. President Macron has called for calm, emphasizing that the right to protest comes with an obligation to respect people and property.
21:50
Investors are buying up vast tracts of U.S. timberland in one of market's longest-term bets, but it can be a profit trap with low short-term returns.
Institutional investors, including pension funds, are acquiring U.S. timberland at a rate of one million acres per year, according to Bank of America, viewing it as a strategic long-term investment. However, some financial advisors caution that timber is a very low-return investment in the short term, with current supply exceeding demand leading to flat prices. The National Council of Real Estate Investment Fiduciaries' Timberland Property Index posted a total return of 0.95% in Q2 2026. While pine pulpwood and sawtimber prices in South Carolina fell by approximately 33% and 6% respectively from Q3 2025 to Q3 2026, hardwood sawtimber prices rose about 40% in the same period.
21:46
An oil tanker came under fire from a small boat off the coast of Al Mukalla, Yemen. The tanker returned fire and changed course.
A tanker was fired upon by a small boat 140 nautical miles (259 km) southeast of the Yemeni port city of Al Mukalla, the UK Maritime Trade Operations (UKMTO) reported. The tanker's captain stated that the vessel then fired two warning shots in return and altered its course. UKMTO advised vessels to exercise caution when transiting the area and to report any suspicious activity.
21:32
Binance to shut down its mining pool service on November 10, with historical data access ending November 24
Binance announced in an October 13 closure notice that its mining pool service, including Pool Savings, Cloud Mining, and Transaction Accelerator, will cease operations at 07:00 UTC on November 10, 2026. Users are advised to redirect their mining equipment before this deadline, as new mining work will no longer be credited. Historical data and account records for Binance Pool pages will remain accessible until 07:00 UTC on November 24, after which they will become permanently inaccessible.
21:24
On-Chain Data Shows Hackers Increasingly Moving Stolen Funds to Zcash for Laundering, Including $12M From Triple-A Exploit
On-chain analyst Specter noted that following ZachXBT's disclosure regarding the Bitget exploiter shielding stolen assets via Zcash (ZEC), multiple other threat actors have begun channeling stolen proceeds into ZEC. These flows include illicit funds traced from the Cryptobills Ledger security incident and the $12 million Triple-A exploit, signaling that attackers are actively leveraging Zcash's privacy features for money laundering and obfuscation.
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.
21:06
Fidelity reports that Solana has demonstrated resilience with no mainnet outages in the past two years, but its centralization in staking, custody, and client software still requires ongoing monitoring.
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.

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