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10/18
16:48
Gaza's Civil Defense Department called on the international community to provide urgent assistance to retrieve bodies from under the rubble of Israeli attacks.
The spokesperson for the Gaza Civil Defense told Al Jazeera that they are working to recover bodies from under the rubble of buildings destroyed by Israeli attacks, and called on the international community to exert pressure to ensure the entry of emergency supplies and rescue teams. The spokesperson noted that rescue workers face life-threatening dangers due to a lack of protective equipment, and that dozens of excavators, bulldozers, and other equipment are needed to complete the recovery work.
16:44
Al Jazeera: Israeli attack on Gaza Strip kills 1 Palestinian, injures 4
One Palestinian was killed in an Israeli army raid in Khan Younis, in the southern Gaza Strip, Al Jazeera reported. Separately, four other Palestinians, including a girl, were wounded in an Israeli drone attack in western Gaza City, according to emergency services sources.
16:38
Iranian Foreign Minister Araghchi stated that Iran does not accept coercion, threats, or intimidation, but remains ready for dialogue based on mutual respect and credible assurances.
Iranian Foreign Minister Araghchi stated at this morning's Organization of Islamic Cooperation (OIC) meeting in Baghdad that Iran is "always steadfast" in international law, adding that "keeping channels of dialogue open is not weakness, but a responsibility." He noted that the United States has chosen the opposing path of "aggression, threats, assassination, and economic warfare," openly disregarding international law and the UN Charter. Araghchi emphasized that Iran does not accept coercion, threats, or intimidation, nor will it abandon its sovereign rights under pressure, but remains prepared for dialogue based on mutual respect and credible assurances.
16:34
Justin Sun Sold 80-90% of His ETH Holdings at $3,600-$4,000, Then Heavily Invested in US Stocks on Oct 16
Justin Sun stated in an interview with William Joy on October 16, 2026, that he had sold 80-90% of his Ethereum (ETH) position at around $3,600-$4,000, retaining only a core holding, and had not bought back in as of the interview. He noted that ETH appeared to have formed a fragile double top, prompting his sharp reduction in position, while his core Bitcoin holdings remained untouched. Subsequently, he heavily invested in US stocks, anticipating capital to concentrate in that market.
16:13
Iran's FM Araghchi tells Iraqi PM al-Zaidi that US "repeatedly disrupted" diplomacy to end war
Iran's Foreign Minister Araghchi met with Iraq's Prime Minister al-Zaidi on the sidelines of an OIC foreign ministers meeting in Baghdad. Araghchi stated that the US has "repeatedly disrupted" diplomatic processes to end the war by breaking agreements and resorting to force. He also stressed the importance of the OIC addressing issues in the Muslim world, particularly Palestine, and called for expanded Iran-Iraq relations. Araghchi added that Israeli "occupation and expansionism" are the main sources of insecurity in West Asia. The talks also covered the Saudi–Yemeni conflict and efforts to end the maritime blockade of Yemen.
16:13
Iran's FM Araghchi at OIC Summit: Backs Yemen/Saudi Sovereignty, Struck US Bases
Iran's Foreign Minister Araghchi stated at the OIC summit in Baghdad that Iran supports the sovereignty, independence, unity, and territorial integrity of Yemen and Saudi Arabia. He emphasized that lasting peace cannot be achieved through military escalation or by excluding relevant Yemeni parties, advocating for an inclusive political process. Araghchi clarified that Iran has never attacked its neighbors, but rather attacked and destroyed US military bases and facilities located in the region.
16:11
Goldman Sachs data shows hedge funds' gains "halved" this year, with global AI stocks experiencing six consecutive days of extreme net selling.
Goldman Sachs Prime data shows that hedge fund year-to-date gains have more than halved from their June peak, impacted by a wave of AI trade reversals. Among these, Asian fundamental long/short funds saw a 7% decline this month, with year-to-date gains falling from 40% to 16%. Global AI stocks have experienced net selling for six consecutive trading days, with the cumulative net flow Z-score dropping below -3, representing the most extreme position reduction since the launch of ChatGPT. Goldman Sachs analyst Mark Wilson warned that any rebound in AI stocks would merely be a position-repair rally until junk-rated AI assets, represented by CoreWeave, stabilize.
15:35
Cardano Founder Hoskinson Developing New Programming Language for Blockchain
Cardano founder Charles Hoskinson has revealed he is personally developing a new programming language for the blockchain, which he says will be the first of its kind to enable intents and proof-carrying data (PCD) via Groth16 proofs. Hoskinson believes this new language, along with a concept he's working on for Midnight (a partner blockchain focused on privacy), will solve most problems in the cryptocurrency space and be the "magnum opus" of his career. He did not share details on the language's name, specifications, or release timeframe.
15:19
Crypto Traders Lost $52M in 10 Minutes on Chip-Stock Contracts While Wall Street Was Shut
A sudden wave of selling on Saturday wiped out nearly $52 million in crypto traders’ leveraged bets on chip-stock perpetual futures within 10 minutes, while U.S. markets were closed for the weekend. The forced liquidations, totaling $51.6 million according to CoinGlass data, occurred between 21:22 and 21:32 UTC, with approximately $38 million from long positions. SOXL, SanDisk, and SK Hynix contracts were among the hardest hit, with losses of $12.7 million and $10.8 million each, respectively. The selling reportedly began on Binance, quickly spreading to other crypto exchanges like Hyperliquid.
15:16
Israel-Europe ties fray further after settler attack on diplomats; election unlikely to mend rift
Israel's relations with Europe continue to deteriorate amid mounting condemnation over its actions in Gaza and recent settler attacks on European diplomats and officials in the occupied West Bank. Experts suggest that the upcoming Israeli election on October 27 offers little prospect of a material change, as even Netanyahu's main challengers oppose Palestinian statehood. Public opinion in Europe has increasingly turned against Israel, with countries like Ireland and Spain leading criticism and Britain imposing bans on goods from illegal settlements.
15:02
Trump's Treasury Department formally withdraws 2020 crypto privacy rule proposal
The Trump administration has formally withdrawn a plan proposed by Steven Mnuchin's Treasury Department on December 18, 2020, which would have required crypto exchanges and other financial institutions to collect more information about transactions involving self-controlled wallets. The original proposal had generated thousands of objections and aimed to extend banking rules into the crypto space by imposing reporting requirements on transactions exceeding $10,000 and additional recordkeeping for those over $3,000, including collecting counterparty information.
15:02
Germany and France have unveiled a joint "Made in Europe" stance for the automotive industry: tightening the definition to include only the 27 EU member states and requiring R&D, aiming to pressure Chinese car manufacturers to invest and produce in Europe.
14:43
Vessel attacks in the Strait of Hormuz surge, with UKMTO reporting 14 incidents in a week, the highest since the US-Israel war against Iran.
The UK Maritime Trade Operations (UKMTO) reported two vessel attacks off the coasts of Yemen and the UAE on Monday morning. This follows earlier statements from Iranian security forces that at least three vessels caught fire on Saturday, with two striking mines in and near the Strait of Hormuz. UKMTO noted that at least 14 vessels were attacked between October 8 and 14, marking the highest weekly total since the outbreak of the US-Israel war with Iran. The total number of maritime security incidents has reached at least 149 since March 1. Additionally, the US Central Command stated that the naval blockade of Iranian ports continues, with at least 138 vessels rerouted since the blockade was reinstated.
14:32
Ripple's Head of Engineering Reacts to AI Solving Decades-Old Cryptography Mystery
J. Ayo Akinyele, Ripple's Head of Engineering, commented on Anthropic's Claude AI resolving a 25-year-old cryptography enigma. The AI discovered the origins of popular NIST elliptic curve parameters, which had long been speculated to contain potential NSA backdoors. Claude found that the seeds were generated using the lrand48 pseudorandom number generator. Akinyele noted this breakthrough offers reproducible evidence and reduces the likelihood of intentional weakening of these specific NIST curves.
14:20
Bank of England Deputy Governor Warns: Hedge Fund Activities May Exacerbate Global Bond Market Risks
Bank of England Deputy Governor Sarah Breeden stated that the growing presence of hedge funds in global bond markets and their use of leverage could make the possibility of localized market turbulence spreading into broader financial stress "higher than in the past." The International Monetary Fund (IMF) also warned that the hedge fund industry's tendency to use leverage to boost returns and chase crowded trades could exacerbate market stress during periods of market volatility.
14:19
According to Al Jazeera, Israeli forces, with six military vehicles, have advanced into the al-Makar area of Quneitra in southern Syria.
14:08
WSJ: Iran is providing intelligence to Houthis for attacks on Saudi Arabia
The Wall Street Journal reports that Iranian intelligence support has enabled the Houthis to mount more potent attacks on Saudi Arabia and its Yemeni allies. Citing sources briefed on intelligence from Saudi Arabia and Yemen's anti-Houthi alliance, the report indicates Iran's assistance has helped the Houthis gain territory on Yemen's Red Sea coast and launch strikes on Saudi oil facilities and airports, including a raid last week in Riyadh that killed 13 people. Iran denies interfering in Yemeni affairs, stating the Houthis are "entirely independent actors."
14:02
Morgan Stanley and JLL Analysis: Global Office Market Deeply Divided, Premium Properties Sought After While Others Face Pressure
Analysts point out that the global office market, from Hong Kong to New York, is experiencing a polarization, with tenants vying for prime property spaces leading to rising rents, while other properties face falling rents, low occupancy rates, and financing pressure. This divergence reflects a global "flight to quality" trend and a disconnect between improving leasing fundamentals and the recovery of property values.
14:01
Saudi-led coalition spokesman refutes Houthi claims of shooting down a helicopter, states one of their reconnaissance helicopters crashed due to "technical malfunction."
Turki al-Maliki, spokesman for the Saudi-led coalition, responded to Houthi claims of shooting down an Apache helicopter in Saudi Arabia's Najran province by releasing an image of an Apache helicopter, stating, "She will soon be deployed to the battlefield. Remember her appearance, so you won't forget." Previously, al-Maliki had announced that a coalition AH-6i reconnaissance helicopter crashed in the Najran region due to a "technical malfunction," killing two crew members.
13:52
Five major South Korean bank chiefs to face parliamentary grilling on Monday over cyberattacks that exposed customer data
The CEOs of KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori Bank, and NH NongHyup Bank will attend a National Assembly audit on Monday to address a wave of cyberattacks that led to the exposure of customers' and employees' personal data. The National Policy Committee approved their summons on October 8.
13:41
South Korean chip giants Samsung and SK hynix suffer worst weekly stock rout since 2008
Samsung Electronics shares plunged 17.8% from Monday to Friday, falling from 262,000 won to 215,500 won ($195 to $160), marking its sharpest weekly drop since the 2008 global financial crisis. SK hynix also experienced its steepest weekly decline since 2008. The sell-off was driven by record foreign selling amid concerns over US interest rates, an AI investment bubble, and intensifying competition from Chinese memory chipmakers.
13:34
UK Maritime Trade Operations (UKMTO) reported: A tugboat was attacked by an "unknown projectile" near Khor Fakkan, UAE, resulting in damage to the vessel and one minor injury.
13:17
US Vice President Vance: Without the US Navy maintaining order in the Strait of Hormuz, gasoline prices would be three times higher than they are now.
U.S. Vice President J.D. Vance stated at a CBS town hall meeting that gasoline prices would be three times higher without the U.S. Navy maintaining oil and gas shipments in the Strait of Hormuz. He attributed current high oil prices to Iran's closure of the Strait of Hormuz and attacks on oil tankers, claiming that no country has ever attempted to completely choke off global energy supplies. Vance emphasized that keeping the Strait of Hormuz open remains a top priority for the United States, while also ensuring Iran makes verifiable commitments not to rebuild its nuclear program.
13:13
Samsung invests $22.8m in Texas workforce amid TSMC's potential entry
Samsung Electronics is committing over $22.8 million to workforce development and community programs in Central Texas. This investment comes as rival TSMC explores a potential chip plant in the state, intensifying competition for skilled semiconductor workers. Samsung Austin Semiconductor announced the initiative, which includes new technical training and internship programs, to build a local talent pipeline for its expanding operations in Austin.
13:01
Trump and Xi Jinping agree to meet twice more by year-end, remain divided on Taiwan
12:49
U.S. Vice President J.D. Vance: The U.S. hopes Iran will make "verifiable commitments" to prevent it from rebuilding its nuclear program.
U.S. Vice President J.D. Vance stated that Washington wants "verifiable commitments" from Iran to prevent it from rebuilding its nuclear program. He noted that the U.S. had achieved "decisive victories in some respects" in its war against Iran and had destroyed the country's nuclear program. Vance emphasized that the U.S. is focused on ensuring Iran makes "long-term" and "verifiable commitments" that would prevent it from rebuilding its nuclear arsenal or enrichment capabilities for the next five years. Iran has long denied seeking nuclear weapons and insists on its right to develop a civilian nuclear program.
12:28
FT: America's $10tn AI infrastructure boom is starting to fray
The Financial Times reports that a vast bet on the future of AI technology, involving an estimated $10 trillion in infrastructure investment, is encountering challenges from the unforgiving economics of the physical world.
12:27
A Financial Times survey of 94 economists shows that the global economy is poised for an AI-driven growth wave, with benefits expected to extend far beyond the United States and China.
12:27
Anthropic Seeks Lawyers to Help AI Agents Strike Deals
As machines begin to negotiate on behalf of humans, tech companies are being forced to confront challenges to negotiation rules.
12:27
Latvia's Prime Minister Andris Kulbergs calls for a visa ban on Russians, linking travellers to escalating hybrid threats from Moscow

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