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10/22
14:39
The city of Albuquerque, USA, has officially banned Bitcoin ATMs to combat cryptocurrency fraud, with the new regulations taking effect on October 21.
The city of Albuquerque, New Mexico, has officially banned Bitcoin ATMs to combat rising cryptocurrency fraud. The city's new virtual currency ordinance was passed by the city council and signed by the mayor on September 9, taking effect on October 21. The new regulations prohibit cryptocurrency kiosks and cashier-assisted cryptocurrency transactions, requiring existing Bitcoin ATMs to be removed within 45 days or face fines. Mayor Tim Keller stated that scammers are using these machines to defraud vulnerable populations, including the elderly. According to FBI data, over 13,400 complaints related to cryptocurrency kiosks have been received.
14:33
Dai-ichi Life Insurance Co. of Japan has begun investing in gold, aiming for 1% of its $219.3 billion in assets under management to hedge against inflation and market risks.
14:31
Apollo Chief Economist: Data Center Construction Delays to Reshape AI Industry's Winners and Losers
Torsten Slok, Chief Economist at Apollo Global Management, analyzed that if the data center construction cycle is prolonged, assets with scarce physical capacity (including operational data centers, power suppliers, and long-cycle equipment manufacturers) will gain pricing power and rental premiums. Conversely, highly valued AI stocks betting on timely delivery and highly leveraged developer debt will face dual pressures of earnings downgrades and valuation compression. Slok emphasized that investors need to distinguish between "delay" and "cancellation" scenarios. While a delay postpones cash flow, assets may appreciate due to scarcity premiums, whereas a cancellation dismantles the scarcity logic.
14:28
South Korean court dismisses 837 billion won shareholder lawsuit filed by Young Poong and MBK Partners against Korea Zinc chairman
The Seoul Central District Court on Thursday dismissed a shareholder derivative lawsuit filed by Young Poong and MBK Partners against Korea Zinc Chairman Choi Yun-birm and other directors, seeking 837 billion Korean won (approximately $632 million). The Young Poong-MBK alliance filed the lawsuit in November 2024, alleging that Korea Zinc's directors caused significant losses to the company by repurchasing shares at 890,000 won per share through a tender offer.
14:28
Chinese Prosecutors Seek Forfeiture of Over 61,800 Bitcoins Linked to $5.7 Billion Fraud Case
Chinese prosecutors have moved to confiscate over 61,800 Bitcoins linked to a fraud case valued at over 40 billion yuan (approximately $5.7 billion). This action comes days after a UK court ruled that Chinese law should apply to victims' claims over the seized Bitcoins. The fraud case, led by Qian Zhimin, involved over 100,000 investors and nearly 20 billion yuan in losses. Qian Zhimin fled to the UK in 2017, and her assets, including Bitcoin, were subsequently seized by British authorities. The Tianjin No. 2 Intermediate People's Court accepted the prosecutors' request to confiscate illegal gains on October 13 and has opened a six-month window for victims and other relevant parties to participate in the case.
14:27
U.S. Treasury Expected to Keep Auction Sizes Unchanged, Barclays Says
Barclays said the U.S. Treasury is expected to keep auction sizes unchanged at the upcoming quarterly refunding announcement, but make its guidance less restrictive.
14:21
Indian margin financing stock bets are set for their first monthly decline since March, as the rally in small-cap stocks falters, indicating that retail traders are cutting risk.
14:18
Syrian state television reported that the Israeli army has dispatched a large number of military vehicles and personnel into the village of Tranjah in Syria's southern Quneitra province.
14:12
South Korea's LG Display swings to Q3 operating profit of 250.6 billion won, but earnings fall 42% YoY
South Korea's LG Display swung to an operating profit of 250.6 billion won ($189.3 million) in the third quarter, reversing a 107.7 billion won loss in the previous quarter, driven by stronger seasonal demand for OLED panels. However, earnings fell 42 percent from a year earlier, as a weaker dollar and rising component costs weighed on profitability. Revenue rose 12 percent from the second quarter to 6.28 trillion won.
14:12
BNP Paribas Asset Management increases holdings in long-term Japanese government bonds, attracted by steep yield curve and recovering domestic demand.
14:05
Global debt totals $365 trillion, with interest expenses continuously rising, and France's borrowing costs exceeding those of Italy and Greece.
Global government, household, and corporate debt surged to over $365 trillion in the first half of 2026, according to data from the Institute of International Finance (IIF), with interest expenses rising concurrently. Recent protests across several European countries highlight the fiscal pressures faced by governments. France's 10-year borrowing costs have climbed to their highest level since 2002, reaching approximately 5%, surpassing those of Italy and Greece, indicating declining investor confidence in France's debt management.
14:05
U.S. Senator Rubio states that restrictions on Starlink services in Ukraine are decided by Musk, not the White House.
U.S. Senator Marco Rubio stated on Wednesday that access and speed limitations for Ukraine's Starlink service are determined by its parent company, SpaceX, and its CEO, Elon Musk, and are not related to the White House. This follows reports that Musk ordered a slowdown of the military version of the Starshield service, which Ukraine uses to defend against Russian missile attacks. An advisor to Ukrainian President Zelenskyy previously stated on October 14 that SpaceX imposed a 160 km/h speed limit on Starshield services, disrupting multiple missions. Former U.S. President Donald Trump and Secretary of Defense Pete Hegseth both denied White House involvement in the limitation decision, calling it a commercial contract issue. Musk previously stated on X that any speed or usage limitations are ultimately decided by the U.S. military and the President.
14:02
China takes the lead in global standardization of Brain-Computer Interface (BCI) technology, chairing the secretariat of the international committee.
China is leading the global standardization efforts for Brain-Computer Interface (BCI) technology, having assumed the chairmanship of the secretariat for ISO/IEC JTC 1/SC 43, a joint committee under the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). BCI technology has been designated a national development priority by China and included in its 15th Five-Year Plan and government work reports. The General Office of the Central Committee of the Communist Party of China and the General Office of the State Council recently issued a joint directive calling for accelerated industrialization and commercialization of BCI. Analysts believe this is a "very significant step" for Chinese and global BCI companies, with the Chinese BCI market projected to reach 6.14 billion yuan (approximately $919.88 million) by 2028.
14:01
South Korea's KOSPI index is down 4.03% from its previous close, currently at 5,504.23.
13:55
The FTSE 100 opened lower, with UK equities expected to track global markets downwards.
13:51
South Korea's government won a tax refund lawsuit against hedge fund Lone Star Funds, involving $127 million.
The South Korean government and Seoul have won a tax refund lawsuit against U.S. private equity firm Lone Star Funds, involving 168.2 billion Korean Won (approximately $127 million). The Seoul High Court dismissed Lone Star's claims in a retrial mandated by the Supreme Court. The case involved nine affiliated entities, including Lone Star Funds, seeking a refund of taxes paid on their investments in South Korea. This ruling overturns previous lower court decisions that had ordered the central government to issue refunds.
13:51
South Korean beauty stocks fell as a stronger won squeezed profits.
According to The Korea Herald, despite South Korea's cosmetics exports reaching a record $11.1 billion in the first nine months of this year, a 31.1% increase year-on-year, market concerns that a stronger Korean won will erode profits have led to underperformance in the stock prices of major K-beauty companies.
13:48
Lookonchain: A whale bought ~$7.22M worth of tokens in the past 24 hours, including LIT ($1.4M), ENA ($1.34M), and ONDO ($1.34M).
13:47
Poll: Israeli Arab Parties May Hold Key Power Balance in Next Week's Election, But Major Jewish Parties Rule Out Cooperation
Israel is set to hold general elections next week. The latest opinion polls suggest that Arab parties could hold a crucial balance of power in parliament. Arab Israelis, who make up about one-fifth of the country's population, are eager to unseat the incumbent right-wing ruling coalition. However, major Jewish parties have ruled out forming a coalition government with Arab parties. Polls predict that neither incumbent Prime Minister Netanyahu's bloc nor the "Change Bloc" led by center-right former military chief Eisenkot will likely secure a parliamentary majority on their own, while Arab parties are projected to win between 13 and 14 seats combined.
13:47
PHP Critical Vulnerability Triggers Global Cybersecurity Alert, Amazon Attacked Before Public Disclosure
A critical cybersecurity vulnerability discovered in the PHP programming language is triggering an urgent global response. Governments and companies worldwide are scrambling to secure their websites or, as advised, take systems offline. Amazon stated its systems were attacked multiple times on October 17 and 21 using the flaw, prior to the public warning. OpenAI called it "one of the most impactful security issues in recent memory," and cybersecurity firm Wiz estimates approximately 70% of the internet is affected.
13:45
Hanwha Asset Management raises bet on US space transportation startup Impulse Space, joining $308 million funding extension
Hanwha Asset Management raises bet on US space transportation startup Impulse Space, joining $308 million funding extension.
13:45
Korean experts say legal groundwork needed for digital money, stablecoins and tokenized securities
13:31
Nigeria plans to introduce African depositary-receipt framework to become regional hub
Nigeria plans to introduce an African depositary-receipt framework to encourage more cross-border listings and attract companies and investors from elsewhere on the continent to its capital markets.
13:22
The Shanghai Composite Index fell 1.52% from its previous close to 3,656.71.
13:22
Spain's Seaya Ventures, backed by Banco Santander, opens London office after raising €600 million ($637 million) for new European startup fund Seaya Novo
13:20
According to Al Jazeera: Israeli forces and settlers prevented Palestinians from harvesting olives in the West Bank.
Israeli forces and settlers prevented Palestinian farmers from harvesting olives in the occupied West Bank areas of Turmus Ayya and Deir Jarir on October 21, declaring one of the areas a closed military zone, Al Jazeera reported.
13:14
Oil prices jump on escalating Middle East tensions; reports indicate the US and Israel are considering resuming strikes on Iran after the midterm elections.
Brent crude futures rose 1.71% to $110.67 a barrel on Thursday, while U.S. WTI crude gained 1.42% to $98.53. The New York Times, citing anonymous U.S. officials, reported that the U.S. and Israeli militaries have developed specific plans to resume strikes against Iran after the midterm elections and are advancing the planning for "short but intensive" operations. The U.S. State Department has ordered non-emergency government employees and their families to evacuate Saudi Arabia, citing increased attacks on civilian targets by Iran-backed Houthi rebels.
13:09
NVIDIA accelerated computing and open models are widely adopted by European financial giants, with Revolut, Lloyds Banking Group, and others achieving breakthroughs in efficiency and cost.
At the GTC Berlin conference, several leading European financial services institutions, including Revolut, Lloyds Banking Group, Santander, London Stock Exchange Group (LSEG), HSBC, and Stripe, are building proprietary intelligence using NVIDIA accelerated computing and open models. Revolut is rebuilding its tech stack with a single foundational model, PRAGMA, based on NVIDIA accelerated computing, already serving 80 million customers with plans to expand threefold. Lloyds Banking Group has built the trading foundational model ATUM, with NVIDIA RTX PRO 6000 Blackwell GPUs significantly enhancing its efficiency. Neobank bunq's AI assistant, Finn, reduced costs by 60% after adopting open models. LSEG is collaborating with NVIDIA, using the Polars GPU engine to accelerate historical data analysis tenfold. HSBC has boosted its data processing speed by five times, and Stripe's fraud detection platform, Stripe Radar, has seen its data pipeline speed increase by 42 times, saving 92% in costs.
13:09
NVIDIA Launches New Tools for Training, Evaluating, and Deploying World Models on Its Cosmos Platform
NVIDIA has expanded its Cosmos platform with new training tools, simulation checkpoints, and Cosmos Data Factory blueprints, aiming to help developers quickly build world models required for physical AI systems. Cosmos Data Factory offers five cloud-native blueprints to accelerate the annotation, curation, and synthetic data generation of multimodal, multisensory data. For example, Porsche is using it to reduce physical test drives by up to 90%. Additionally, NVIDIA has extended the Cosmos framework's training, optimization, and deployment tools, and introduced new Cosmos 3 Nano model variants and Cosmos 3 NIM microservices to enhance model adaptability, testing efficiency, and inference speed.
13:09
NVIDIA's DSX platform is being used by companies worldwide to address power bottlenecks, involving over $300 billion in equipment backlogs and 200 gigawatts of projects awaiting.
NVIDIA's DSX AI Factory platform is being used by companies worldwide to plan, simulate, and operate power grids and AI factories, addressing the growing power bottlenecks in infrastructure. Currently, there is over $300 billion in equipment backlog globally, and more than 200 gigawatts of projects are awaiting interconnection in the United States. Energy giants such as GE Vernova, Hitachi Energy, Schneider Electric, and Siemens Energy are collaborating with NVIDIA to deploy or integrate DSX-related technologies to optimize power distribution, enhance computational efficiency, and improve grid reliability.

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