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24/7 News

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10/20
23:41
Thales CEO Patrice Caine stated that the French defense and technology group sees "a lot of potential opportunities to grow" its business in Japan and for partnerships with Japanese companies, as Japan expands its defense industry. Caine identified radar and sonar as prime areas for providing support and anticipates global defense investment will likely continue to be strong "for the next decade."
23:38
Citadel Securities President Jim Esposito discusses the firm's relationship with banks, plans to grow in the fixed income market and his views on prediction markets with Bloomberg's Dani Burger on the sidelines of Citadel's annual Future of Global Markets Conference in New York.
23:25
Yemen's government army announced it carried out 744 strikes against Houthi positions over the last 24 hours, claiming to have "neutralised" 200 Houthi fighters and destroyed or disabled 90 military vehicles and other infrastructure. Military spokesman Majed Abdullah al-Nuzaili stated the attacks targeted Houthi fortifications, supply lines, reinforcements, and command centres, and were limited to "legitimate military targets."
23:19
Lulo stated that its Boost deposits are experiencing a 6.4% drawdown, attributing the loss to exposure to the Neutrl protocol. However, Lulo clarified that protected deposits remain unaffected, and Neutrl's redemption contract currently offers 0.51 USDC per NUSD.
23:19
Celestia has activated Fibre, allowing direct validator uploads for rollups. The initial release supports 128 MiB blobs and 200 Fibre submissions per block, operating with smaller uploads and a slower block cadence compared to its terabit benchmark.
23:13
Europe's benchmark natural gas price, TTF, recently surged above €88 per megawatt-hour, marking a new high for the year and more than tripling since before the Middle East conflict erupted in mid-February. However, according to an analysis by the Financial Times, there is a significant discrepancy between the price increase and the actual supply gap, suggesting that excessive concern may be unwarranted and supply pressures could be temporary. The analysis points out that the reduction in global LNG supply is limited, European natural gas demand continues to contract, and there are statistical biases in gas storage metrics. Furthermore, with medium-term supply increases set to be released, market fears of a tight supply this winter may be overblown.
23:12
Military analyst Elijah Magnier stated that US-mediated negotiations between Lebanon and Israel are unlikely to produce an agreement because Beirut lacks the “leverage” needed to secure an Israeli withdrawal from southern Lebanon. Magnier told Al Jazeera that Israel is not interested in a deal unless Lebanon can disarm Hezbollah, which he described as an “impossible task to achieve” to verify. He also noted that the United States has not exerted sufficient pressure on Israel to make concessions.
23:05
According to U.Today, as the XRP price retraced to around $1.30, XRP withdrawals from Binance fell to a five-year low, totaling only $49.7 million daily. Meanwhile, XRP inflows to Binance reached a seven-month high of 1.669 billion over the past 30 days, while total inflows to major trading platforms hit 6.05 billion, the highest since March. Analysts believe this indicates that large investors have paused long-term accumulation, shifting to a wait-and-see approach and moving significant liquidity to trading platforms. Additionally, a large on-chain transfer of 82.3 million XRP (approximately $106-107 million) occurred today, which is believed to be an internal portfolio rebalancing.
23:04
The White House announced that the Trump administration significantly reduced illegal immigration in less than two years, with over 3 million immigrants departing the United States during Donald Trump's second term. Illegal border crossings decreased by 95% compared to the Biden era, reaching a historic low. Additionally, the backlog of immigration court cases was significantly reduced, fentanyl trafficking decreased by 56%, drug overdose deaths fell by 40%, and the total U.S. mortality rate is projected to drop to an all-time low in 2025.
22:59
Coinbase CEO Brian Armstrong tweeted that crypto has eliminated many previously accepted waiting periods in traditional finance, such as stablecoins flowing cross-border on weekends and holidays, tokenized stocks enabling 24/7 global trading, decentralized exchanges settling in real-time, and on-chain lending requiring no loan officers. He noted that crypto is making money move at the speed of information.
22:48
Toyota to begin Thai production of hydrogen-powered Hilux pickup in December 2027, initially for export to Europe, Australia and New Zealand.
22:46
Unsecured bond yields for AI data center company CoreWeave have surged to 15%, raising market concerns about the sustainability of AI infrastructure investment cycles. According to the Financial Times, Ajay Rajadhyaksha, Chairman of Global Research at Barclays, noted that this primarily reflects the lower repayment priority of CoreWeave's unsecured bonds within the company's capital structure, rather than a crack in the AI capital expenditure cycle. He believes that CoreWeave's capital expenditure guidance ($35 billion to $39 billion by 2026) accounts for only about 4% to 5% of the industry total, and the true risk signal would be a significant drop in computing power prices.

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