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10/20
06:51
Hugging Face Policy Lead Says AI Evaluation Methods Are Complex and Immature
Irene Solaiman, Head of Policy at Hugging Face, stated that AI model evaluation methods are complex and still maturing, and embedded AI evaluators are not an easy solution.

Solaiman noted at the TechCrunch Disrupt conference that AI labs rely on model benchmarking to measure product quality, but current evaluation methods lack reproducibility, comparability, and standardization. She believes that evaluation is expanding from the models themselves to include entire systems, such as harnesses and agents, making evaluation more difficult and expensive, and requiring a more unified industry approach.
06:44
Papertrade Keeps PAPER Token Non-Transferable Citing Perp Attack Risks
Papertrade has decided to keep its PAPER token non-transferable, citing risks associated with perpetual contract attacks. Holders who earned PAPER through trading losses can stake it for USDC distributions, but there is still no set date for the transfer or sale of their tokens.
06:43
Trump Administration Has Not Approved Transfer of Interceptor Missiles to Ukraine, Washington Post Reports
06:29
Arcus Platform Adds Stock Tokens and WETH as Collateral for Perpetual Contracts
DeFi platform Arcus has launched an early access feature, allowing users to utilize tokenized stocks and WETH as collateral for perpetual contracts. This feature employs automatic USDG loans with an initial loan-to-value (LTV) ratio of 50%, and non-USDG deposits are capped at $20,000 per account.
06:25
White House's Hassett: U.S. Inflation Still a Concern, September CPI Month-over-Month Rise of 0.6% May Require Further Federal Reserve Efforts
White House National Economic Council Director Kevin Hassett stated on Monday that despite price declines in commodities such as beef and eggs, the U.S. September Consumer Price Index (CPI rose 0.6% month-over-month, core CPI rose 0.3% month-over-month) indicates that overall inflation still requires policy attention. He noted that this could signify an interruption in the disinflationary trend or merely a temporary fluctuation. Hassett also expressed respect for the Federal Reserve's independence, stating that Chairman Warsh would "do what he thinks is right," while also mentioning that the strong performance of the U.S. economy and increased consumer spending are factors the Federal Reserve needs to consider.
06:25
S&P Global Warns: US Tech Giants' AI-Related Liabilities May Exceed Known Scale
S&P Global warns that the AI-related liabilities of the world's largest tech companies could be significantly higher than disclosed, primarily due to implicit guarantee arrangements for data center construction or investments in small and medium-sized AI enterprises. The agency projects that the six major US hyperscale cloud providers—Amazon, Microsoft, Google, Oracle, Meta, and SpaceX—will collectively spend over $7 trillion on data centers and other AI-related capital expenditures between 2025 and 2030. Despite this, S&P currently has no plans to adjust ratings but stated that its rating stance could change if the existing scale of expenditure is deemed unsustainable.
06:18
Bloomberg Analysis: Oil Prices Volatile as Traders Weigh Potential for Escalation in Strait of Hormuz by Iran
Oil prices fluctuated on Tuesday (October 20) as traders weighed the possibility of escalating hostile actions by Iran in the Strait of Hormuz against strong crude oil flows from the Persian Gulf, Bloomberg analysis showed.
06:10
Microsoft has launched new security features, including Guardian Agents, and warned that AI agents pose an "insider threat" to enterprises because "frontier models are untrustworthy."
Microsoft on Monday launched new security features, including Guardian Agents, to protect enterprises from the growing threat of AI agents. Microsoft CEO Satya Nadella and security business head Hayete Gallot warned that frontier models are untrustworthy because they are unpredictable and can be given access to sensitive data and the ability to perform critical operations, effectively acting as "insider threats." Microsoft also added agent detection capabilities to Microsoft Defender and limited agent access to data and dynamically adjusted permissions.
06:08
BlackRock has filed an application for its third Bitcoin-related fund, aiming to provide both upside exposure and downside protection for its existing spot Bitcoin ETF, IBIT.
05:56
Strive Bought $335M Bitcoin, Raised $369M from Warrants, and Plans $630M Preferred Stock Sale
Nasdaq-listed Strive, a company holding Bitcoin as a treasury asset, purchased 4,045 BTC (worth approximately $335 million at an average price of $82,803 per coin) between October 12 and 16, according to a regulatory filing published Monday. This increases its total holdings to 36,818 BTC. The company raised about $369.2 million from investors exercising warrants on October 12 and 13. Additionally, Strive priced an upsized offering on October 15 of 7 million shares of a new 15% Series A Perpetual preferred stock at $90 each, expecting gross proceeds of about $630 million. The offering is scheduled to settle on October 20.
05:38
The Wall Street Journal commented that Musk outdid Anthropic in "giving away."
The Wall Street Journal published an opinion piece stating that Elon Musk has outdone AI company Anthropic in "giving away." Musk said he would give shares of SpaceX to every child, calling the move "a stake in capitalism" for them.
05:35
Solana non-vote transactions surge 104% to 8.92 billion in Q3 2026
Solana's non-vote transaction count more than doubled compared to late 2025, reaching 8.92 billion in the third quarter of 2026, a 104% increase from approximately 4.38 billion in Q4 2025. This also represents a 24% quarter-over-quarter increase from Q2 2026, reversing a previous decline. Non-vote transactions exclude validator consensus activities and reflect token transfers, DApp usage, and trading.
05:31
Tradeweb Markets has agreed to acquire fixed income trading platform Trumid for approximately $1.97 billion, a move that signals an expansion into earlier stages of the bond lifecycle.
05:29
NYC Pension Head Slams Private Equity Firms for Attempting to Bill for Private Jet Usage
New York City pension officials have criticized private equity firms for attempting to expense private jet usage, noting a steady increase in management fees, the Financial Times reported.
05:25
AI giant Anthropic announced it would donate 5% of its shares, valued at approximately $100 billion, to a public benefit trust. The company is valued at $2 trillion and is expected to IPO as early as November.
05:08
Cboe Global Markets Launches Pre-Market Trading for Single-Stock Options
05:02
Trump thanks Elon Musk for pledging SpaceX shares to millions of American children through Trump Accounts, calling it a major step toward giving children a stake in the American Dream.
05:00
Tech stocks rebound Monday, with investors eyeing key earnings this week
The S&P 500 and Nasdaq Composite rallied, driven by AI companies and chip stocks, including a 4% surge in the iShares MSCI South Korea ETF (EWY) which holds SK Hynix and Samsung Electronics. This follows last week's declines of nearly 2% and 4.5% respectively. Major tech earnings, including Meta Platforms and Tesla, are expected to determine the sustainability of the rally and address concerns about the AI trade.
04:58
New Zealand Q3 inflation seen easing to 3.8%, but Q4 acceleration is forecast to drive more rate hikes
New Zealand's third-quarter consumer price index is expected to rise 3.8% year-on-year, down from 4.1% in Q2 and slightly below the Reserve Bank's September projection. However, economists anticipate inflation will accelerate in the final three months of the year due to a weaker currency and surging oil prices, strengthening the case for further rate hikes.
04:53
XRP Ledger developers release second amendment to fix lending protocol before launch
XRP Ledger developers have published a second code amendment, LendingProtocolV1_1, to repair issues in its new uncollateralized lending feature. The original lending protocol, LendingProtocol, is still awaiting validator approval. This proactive step aims to ensure the network adopts the repaired version from the start, avoiding the launch of a known-flawed system. The protocol is designed for institutional-style credit, relying on off-chain underwriting and "first-loss capital" instead of the typical DeFi collateral model, with issuers retaining compliance tools like account freezing.
04:50
Fitch flags US sovereign rating downgrade risk as FY2026 deficit hits $1.99 trillion, net interest expense breaks record at $1.05 trillion.
Fitch Ratings stated that the US sovereign rating would face downward pressure if high fiscal deficits, the ratio of interest expenditure to fiscal revenue, and the government debt-to-GDP ratio continue to deteriorate without a credible medium-term fiscal adjustment plan. The report also showed that interest payments on developed market government debt have exceeded $3.3 trillion, listing France, the UK, and the US as countries whose debt stability is threatened.
04:50
Nscale, backed by NVIDIA, is reportedly in talks with Anthropic for a $45 billion cloud computing deal.
Nscale, a data center developer backed by NVIDIA, is in talks with AI company Anthropic for a cloud computing deal worth approximately $45 billion, involving the second building at its Monarch data center campus in West Virginia, Bloomberg reported, citing sources. This potential transaction would significantly bolster Nscale's plans for an IPO seeking a valuation of around $30 billion. The building is reportedly set to feature NVIDIA's latest generation Vera Rubin AI chips. Anthropic and Nscale had previously signed an agreement for existing infrastructure valued at up to approximately $44.6 billion. Nscale confidentially filed for a U.S. listing in September and completed $3.36 billion in pre-IPO financing last month.
04:34
Crypto PAC affiliate Fairshake pours $362K into California race despite incumbent Aisha Wahab having already won special election in August
04:30
BMO Capital Markets Appoints Rahim Bapoo to Lead Global Critical Minerals Strategy and Expand Florida Presence
04:27
Toyota, Honda resume Thai production after floods as supply chains come back
04:24
Most U.S. stocks rose as AI credit concerns eased; market focus shifts to upcoming AI earnings reports.
04:24
Tether CEO Ardoino defends against Iran sanctions accusations, citing 94% drop in Iran-linked stablecoin volumes
Tether CEO Paolo Ardoino has responded to a Senate investigation report that accused the stablecoin firm of providing a "significant financial lifeline within Iran's shadow banking network." Ardoino stated that Tether's proactive work in observing sanctions has led to Iran-linked stablecoin volumes declining by 94%. He added that Tether freezes suspicious transactions an average of four weeks prior to official sanction designations by entities like the U.S. Treasury Department's OFAC and Israel's NBCTF. Ardoino also criticized the report's release to media before the company could review it.
04:23
Venezuelan-owned US refiner Citgo raises 2026 operating profit outlook by $2 billion on surging fuel margins.
04:23
The sale of bonds tied to a Manhattan office building has been postponed due to weak credit conditions and volatility in the interest rate market.
04:23
The new ASX chief warns that Australia risks falling behind in the competition for Asia-Pacific financial centers if it fails to upgrade its market and facilitate investors.

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