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10/21
23:59
Egyptian President Abdel Fattah al-Sisi stated that Egypt's military effort to defend Saudi Arabia would not include an attack on Yemen, limiting its scope to defending the kingdom's territory and borders. He added that Egypt would also defend the territory of any other Arab country if asked, with military efforts not extending beyond Egypt or a fellow Arab state whose security Cairo sought to protect. Sisi emphasized that Egypt’s support for Gulf states is an extension of shared Arab national security. On Monday, Egypt’s parliament delayed a vote on authorizing its armed forces to support Saudi Arabia until October 26.
23:53
SK Hynix announced on Wednesday (21st) that it has completed its two-month, 40 trillion won share buyback, with plans to cancel all repurchased shares, according to Yonhap News Agency. The buyback represents approximately 3.3% of the company's outstanding shares and marks a record for share buyback and cancellation by a South Korean listed company. SK Hynix had originally planned to conduct the buyback between August 20 and November 19, but completed it approximately one month ahead of schedule. As of publication, SK Hynix ADRs are up 2.24%.
23:52
Ledn completed a $188 million Bitcoin-backed asset securitization in February 2026, with $160 million in senior notes receiving a preliminary "BBB-" rating from S&P Global, Decrypt reported. SVB stated that this was the first time a Bitcoin-collateralized loan portfolio had received an investment-grade rating. Additionally, Galaxy Research data showed that the total value of cryptocurrency-backed loans reached $56.16 billion as of Q2 2026, a 16.8% decrease from the previous quarter.
23:48
Bitcoin's price broke above $84,500 on Wednesday, reaching a high of $84,588, up 2% in 24 hours and 3% over seven days. This rally was primarily boosted by strong earnings from SpaceX and comments from its owner, Musk, regarding a potential merger between SpaceX and Tesla. SpaceX reported third-quarter revenue of $14.6 billion, a 161% year-over-year increase, significantly exceeding expectations. Additionally, spot Bitcoin ETFs from institutions such as BlackRock, Fidelity, and Grayscale attracted over $549 million in new investments on Monday and Tuesday this week. Although Bitcoin's price remains more than 30% below its all-time high of $126,080 set in October 2025, analysts believe the cryptocurrency has re-entered a bull market.
23:38
Ukraine launched a large-scale drone attack on Russia this week, striking key oil infrastructure and significantly reducing Russian diesel exports, CNBC reported. Tatiana Mitrova, an expert at Columbia University's Center on Global Energy Policy, stated that Ukraine's drone attacks have reached a scale, scope, and effectiveness that has severely impacted Russia's diesel exports. Kpler data shows that Russian diesel exports fell to 141,000 barrels per day in September, a more than 75% decrease from 608,000 barrels per day in the same period last year.

Donald Trump, the US President, accused Ukraine's attacks of causing diesel prices to surge, which is harming the Republican Party's chances in the midterm elections. The current national average price for diesel in the US is $6.32 per gallon, nearly 75% higher than the same period last year. Donald Trump had previously announced an energy ceasefire agreement between Ukraine and Russia on October 11, aimed at boosting Russian diesel exports to alleviate fuel price pressure, but the agreement is facing challenges due to Ukraine's attacks.
23:14
Grayscale announced its In-Kind Investing service, enabling eligible investors to directly exchange digital assets for shares in its products, bypassing the need to convert crypto into cash first. The service currently covers 10 products, including BTC, ETH, SOL, AVAX, LINK, DOGE, HYPE, SUI, XRP, and ZEC. Grayscale stated this mechanism aims to reduce self-custody burdens and potential transaction costs while integrating digital assets into traditional portfolio management.
23:09
Chee Hong Tat, Minister for National Development and Deputy Chairman of the Monetary Authority of Singapore (MAS), stated that turnover among Next 50 constituents increased by 93% from 2025, and 10 new listings this year as of end-August raised about S$1.4 billion. MAS plans to consolidate listing review functions under SGX RegCo by January 2027, and building lasting investor confidence will require well-governed companies, well-informed investors, and strong bridges between companies and investors.
23:07
China's leading smartphone maker Oppo announced its goal to double sales of its premium smartphones in Europe by 2027. This strategy comes as the global handset industry faces unprecedented shortages and high prices for components, pushing manufacturers to focus on high-end products. Oppo launched its new Find X10 series, featuring Hasselblad lenses, at an event in Mallorca, Spain, on October 21.
23:05
Peter Gaffney of O2O Capital Partners analyzed that while real-world assets already back the largest stablecoins, on-chain lending still operates through variable-rate pools. He believes that fixed-rate, fixed-term on-chain loans are the missing link in the Real World Assets (RWA) sector. Gaffney also mentioned that a 5% transfer from Sky and Ethena reserves could create $1.8 billion in demand for RWA.
23:03
According to Iran's Fars News Agency, Brigadier General Abolfazl Shekarchi, spokesperson for the Iranian Armed Forces, issued a warning to US President Donald Trump and Israeli Prime Minister Netanyahu, calling them "twin toddlers." Shekarchi stated that the two "are heading towards decline and cannot escape the quagmire of death they are trapped in through boasting and threats."
23:01
President Donald Trump will highlight his administration's actions to combat foreign criminal networks that lure Americans into fraudulent crypto investments at a White House event on Wednesday. White House officials stated that Trump and cabinet members will point to the government's seizure of fraudulent crypto investment websites and its crackdown on online impersonation scams. FBI data shows that in 2025, the U.S. received over a million internet scam complaints, with crypto fraud losses reaching $11.3 billion, and investment scams accounting for $7.2 billion. Chainalysis data indicates that in 2025, illicit crypto addresses received at least $154 billion, a 162% year-over-year increase.
22:59
Longhang Tianxia, a Chinese footwear manufacturer, has entered the second round of inquiry in its IPO review process for the main board of the Shanghai Stock Exchange. The company generated revenue of 5.834 billion yuan in 2025, a year-on-year increase of 4.41%; net profit attributable to the parent company was 258 million yuan, a year-on-year decrease of 8.71%. Longhang Tianxia cited data in its prospectus stating that it ranks seventh in the global athletic footwear manufacturing industry and second in domestic revenue. However, the significance of its "second in domestic revenue" claim has been questioned due to other leading companies shifting production capacity overseas. The company is currently accelerating the construction of overseas factories but faces challenges such as labor management.
22:55
Coinbase CEO Brian Armstrong expressed excitement about partnering with Mastercard to enable "agentic commerce," a collaboration involving x402, @CoinbaseDev, and @base. He believes "agentic finance" will transform the economy as agents continue to do more work on our behalf.
22:45
A Yemeni government forces spokesperson accused the Houthis of targeting Aden International Airport with one ballistic missile and Al-Rayyan Airport in Mukalla with three ballistic missiles in the past few hours. The spokesperson added that the "Dawn of Yemen" military operation will continue until its objectives are achieved.
22:39
Lookonchain reports that on October 21, Bitcoin ETFs recorded a 1-day net outflow of 403 BTC (-$33.88M), while their 7-day net flow remained positive at +2,528 BTC (+$212.31M). Ethereum ETFs saw a 1-day net outflow of 12,688 ETH (-$31.42M) and a 7-day net outflow of 155,122 ETH (-$384.13M).
22:36
Investment bankers promoted to junior vice president in Zurich this year at UBS Group AG saw a smaller pay increase after the bank adjusted its compensation structure, with starting salaries cut by 20,000 Swiss francs.

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