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10/22
17:14
Bybit will support the Babylon (BABY1) v4.6.0 network upgrade, expected around Oct 22, 2026, 12:00 PM UTC. To ensure a smooth transition, deposits and withdrawals via Babylon (BABY1) will be temporarily suspended starting from Oct 22, 2026, 11:30 AM UTC. Other activities such as trading will not be affected.
17:12
South Korean cryptocurrency exchange Upbit announced that it will temporarily suspend deposit and withdrawal services for Ontology (ONT), Ontology Gas (ONG), and MovieBloc (MBL) due to an Ontology network upgrade. Trading services will not be affected. Upbit warned users that deposits made during the suspension period may not be reflected in their accounts and cannot be recovered.
17:12
Lookonchain monitoring: A whale today once again sold 246.25 BTC ($20.64 million) and bought 8,286 ETH ($20.64 million). In the past 11 days, this whale has cumulatively sold 1,917.7 BTC ($159 million) and bought 64,545 ETH ($155 million).
17:11
Wallstreetcn.com reports that asset managers such as Pictet, Man Group, and T. Rowe Price are warning that the strongest El Niño event in history poses a systemic risk to global asset allocation. Institutions anticipate a combination of reduced agricultural output, volatile energy prices, and inflationary pressures, which will impact emerging market sovereign debt, real assets, and carbon credit projects in an environment of high interest rates and high debt.

Katie Self, a portfolio manager at Pictet Asset Management, stated that no corner of global asset markets is "completely immune." Analysts at the Anthropocene Fixed Income Institute specifically named the sovereign debt markets of Indonesia, Brazil, and Colombia as particularly vulnerable. T. Rowe Price has developed customized models for its $165 billion emerging market bond and equity portfolios to assess and manage related risks. BNP Paribas Asset Management is also closely monitoring the risk of forest fires in places like Indonesia, evaluating potential losses to its $560 million carbon credit projects.

Some asset managers are also transforming climate risks into investment opportunities. Katie Self's team at Pictet is seeking technology companies capable of coping with extreme weather. The World Meteorological Organization predicts that this strong El Niño event is likely to persist until early 2027.
17:11
The National Vulnerability Database (NVDB) of the Ministry of Industry and Information Technology (MIIT) has issued an urgent alert regarding two critical remote code execution vulnerabilities in PHP. Attackers can directly compromise target systems without any authentication. Approximately 70% of websites globally rely on PHP, facing immediate security threats. These vulnerabilities, discovered by researchers from Calif and Wiz in the US using AI models, have been present for over a decade and affect multiple PHP versions, including those in the 8.5 series below 8.5.12. MIIT advises relevant organizations and users to immediately investigate and upgrade to the latest secure versions, or implement protective measures such as temporary offline operation or network isolation. Currently, countries like Finland, France, and the Netherlands have proactively taken down some government services. Companies such as All Nippon Airways, Nomura Securities, Mitsubishi UFJ Financial Group, Asahi Group, Sega, and Bandai Namco in Japan have also announced the suspension or maintenance of some online services. Alibaba Cloud and Tencent Cloud have also issued urgent warnings.
17:09
Musk retweeted a post from user cb_doge, which instructed users on how to share links via the X platform and noted that many people still believe news reports, encouraging users to repost X posts to "spread the truth."
17:05
Wall Street News reported that the Silicon Valley AI sector is witnessing a surge of Chinese talent, with multiple Chinese founders and executives holding key positions in areas such as chips, large models, and applications. Alexandr Wang, head of Meta's Superintelligence Lab, Scott Wu, founder of AI programming company Cognition, and Jeff Yan, founder of crypto trading platform Hyperliquid, recently reunited. All of them came from math and science competitions and top universities, and previously worked together at quantitative trading giant Hudson River Trading. Today, Wang has joined Meta to lead its Superintelligence Lab, Cognition's valuation has soared to $48 billion, Scale AI's valuation exceeds $29 billion, Surge AI's annual revenue reaches $1-1.2 billion, and Axiom Math's valuation is over $1.6 billion. The report points out that the world's four largest semiconductor giants are led by individuals of Chinese descent, and key positions across various AI sectors are also densely populated by Chinese professionals, establishing China's leading position in cultivating top AI research talent.
17:04
BNB Chain and PancakeSwap have responded to the PHP security warning on the X platform. Nina Rong, representing BNB Chain, stated that BNB Chain's technology stack does not use PHP, and the platform is unaffected. Binance founder CZ retweeted PancakeSwap's statement and urged other projects to issue similar clarifications to alleviate user concerns. Previously, the U.S. National Security Agency (NSA Cyber) issued a warning, advising organizations using PHP to fix critical vulnerabilities.
16:53
Bitcoin is currently holding in the $80,000 region, which Glassnode estimates to be the average acquisition cost for U.S. spot Bitcoin ETFs and publicly listed corporate treasuries, CryptoSlate reported. However, Bitcoin ETF inflows slowed by 95.6% in one day. Farside Investors data shows net inflows of $526.7 million on October 19 and $23.2 million on October 20, with both days being positive. Glassnode reported that the sell-off on October 15 briefly pushed Bitcoin below its ETF cost basis of approximately $81,500. This Friday, the final PMI and University of Michigan inflation expectations data will be released. These figures could influence market expectations for the Federal Reserve's October 28 interest rate decision, thereby testing the movement of assets including Bitcoin.
16:52
Asian stocks tumbled on Thursday, with Chinese equities entering a bear market as the CSI 300 index slid 2%, marking a 20% decline from its June peak. Other regional benchmarks also fell significantly, including Japan's Nikkei 225 down 3%, South Korea's Kospi down 3.5%, Taiwan's benchmark down 2%, and Hong Kong's Hang Seng down 3%.

Technology shares led the losses, with Chinese technology stocks in Hong Kong falling over 40% from their peak. Brent crude climbed above $112 a barrel, and WTI crude topped $100. Bitcoin retreated from above $84,000 to around $82,000, while gold fell over 1% to below $4,100 an ounce, and silver dropped over 3.5% to around $55. Nasdaq 100 index futures declined almost 2%, and the Cboe Volatility Index (VIX) jumped 10% to around 18.
16:49
According to Al Jazeera, citing an analysis by maritime security expert Alexandru Hudisteanu, the United States and Iran are currently not interested in reaching a regional peace agreement through diplomatic channels. Hudisteanu noted that all parties appear to be formulating strategies with the Israeli and U.S. elections in mind.
16:41
According to Al Jazeera, Russian forces attacked the Ukrainian capital Kyiv in the early hours of Thursday, killing at least one person and injuring 22, including four children. This occurred a day after US envoy Steve Witkoff met with Russian President Vladimir Putin in St. Petersburg, aiming to promote a restart of Russia-Ukraine peace talks.

Ukraine's State Emergency Service reported that Kyiv's subway infrastructure was also damaged. On the Russian side, Moscow Mayor Sergei Sobyanin stated that Ukraine launched 630 drones towards the region, with 163 targeting Moscow, injuring two people, and most drones being intercepted.

US President Donald Trump subsequently stated that he believes the Russia-Ukraine war may be nearing its end. However, the Kremlin adopted a more cautious stance, expressing willingness in principle to restart US-brokered talks with Ukraine, but stating that peace proposals from Ukraine and Europe lacked "substance." Ukrainian Foreign Minister Andriy Sybiha said on Thursday that "appeasement, subservience, and flattery" would not stop Russia's war actions, and only strength would.
16:40
South Korea’s first government-led Arctic shipping trial has shown the potential to cut the distance to Europe by about 35 percent and the transit time by roughly 10 days compared with the Suez Canal route. However, participants said ice, severe weather and operational challenges remain obstacles to commercial service. The Ministry of Oceans and Fisheries shared these findings on Thursday at a briefing in Busan, following the voyage which ended on October 11.
16:38
According to Bloomberg, Musk is fully pushing for the merger of his two major companies, SpaceX and Tesla. Sources indicate that his advisory team is striving to announce the deal in the first half of 2027 to ensure the merger closes within Donald Trump's current term. Following the merger, the combined market capitalization of the two companies would reach approximately $3.7 trillion, potentially adding over $110 billion to Musk's personal wealth.

Musk publicly and explicitly expressed support for the merger for the first time during an earnings call, calling it "a good idea," but stated he would recuse himself from specific negotiations, leaving a special committee to handle the details. The transaction faces multiple time pressures, including the U.S. midterm elections, volatile market sentiment in the chip and AI sectors, and a "M&A currency" window with SpaceX's stock having rebounded 47% since August 5. Additionally, the national security sensitivity of SpaceX's involvement in U.S. government and defense contracts will pose a significant hurdle in securing regulatory and shareholder approval.
16:28
Tesla's third-quarter earnings report showed a gross margin of 19.6%, exceeding market expectations. However, high operating expenses led to an EBIT of only $718 million, falling short of Goldman Sachs and Morgan Stanley's forecasts. Consequently, Goldman Sachs lowered its EPS projections for 2026-2027, while maintaining a Neutral rating and a $360 price target for Tesla. Morgan Stanley and JPMorgan Chase also maintained Neutral ratings, believing the valuation is already fully priced in. Highlights from the report include FSD adoption in new vehicles rising to over 75%, Robotaxi cumulative mileage reaching 3.1 million miles, and the energy storage business's gross margin increasing to 33.1% with record backorders. Musk confirmed that Optimus is in mass production at the Fremont factory, but the target production for the next 12 months is 10,000 to 20,000 units, with commercial sales pushed back to late 2027.
16:26
Norway's sovereign wealth fund, managed by Norges Bank Investment Management (NBIM) and valued at $2.3 trillion, reported a $29.7 billion (278 billion kroner) loss in the third quarter. This downturn was primarily driven by rising interest rates, which led to a negative return of 3.5% on its fixed income investments. NBIM's Deputy CEO Trond Grande stated that the fund's return was nearly flat, ending slightly negative as higher interest rates weakened fixed-income results.
16:25
CoinDCX co-founder Sumit Gupta has denied reports of a new hack, stating that the flagged addresses, which contained approximately $16 million in USDT and TRX, were compromised in July 2025. He confirmed that no funds from CoinDCX’s current wallets were affected by this older incident.
16:19
Lebanese state media reports Israeli forces hit Wadi Zibqin in southern Lebanon with artillery shelling. An Israeli drone also dropped a sound bomb near a fishing boat off the coast of al-Amiriya. It was not immediately clear if the attacks caused damage.
16:10
An Al Jazeera commentary suggests that Russia could be an effective mediator in nuclear deal negotiations between the United States and Iran. The article posits that Russia's expertise in the nuclear field, increasingly close ties with Tehran, and negotiation experience give it a unique advantage. Russian Foreign Minister Lavrov visited Iran this week, meeting with Iranian President Pezeshkian and other officials, following previous meetings between Russian President Putin and Pezeshkian on October 8 and September 1. The article also mentions that U.S. President Donald Trump has stated that an unprecedented trilateral meeting with Putin and Chinese leader Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) summit in Shenzhen next month would be meaningful if it could focus on denuclearization.

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