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10/23
01:45
The International Monetary Fund (IMF) stated in its regional report released on Thursday that the Houthi attacks on Saudi Arabia currently have a "limited" impact on the Saudi economy, as Saudi oil shipments continue, and domestic demand remains strong with a robust public sector. However, the IMF expects the Saudi economy to contract by 3.3% this year, primarily due to the US-Israeli war against Iran, which began on February 28. The IMF also projects that the entire Gulf region's economy will contract by 4.8% in 2026.
01:45
Brent crude rose 2.6% to $111.66 per barrel on Thursday, reaching a five-month high, as a decline in AI-related stocks dragged down global markets. As of New York midday, the Nasdaq Composite was down 1.5%, and the S&P 500 was down 0.8%. NVIDIA fell 2.3%, Meta dropped 5.8%, and chip equipment manufacturer Lam Research declined 7.7%. Asian markets were also affected, with the KOSPI falling 3.52% to 5,533.77 points, Japan's Nikkei 225 down 2.65%, and Hong Kong's Hang Seng Index down 3.03%. China's CSI 300 Index has entered a bear market. Additionally, gasoline prices rose 9.1% in September.
01:39
Pump.fun has added take-profit and stop-loss order functionalities for EVM trades. These tools, available on Solana since September, are now extended to Robinhood, BSC, Base, HyperEVM, Arc, and Ink.
01:21
The widely used PHP programming language has been reported to have a "critical vulnerability," leading to emergency website shutdowns and urgent system updates in many parts of the world. The UK government stated that 32 government services were temporarily disrupted as a result. Cybersecurity firm Wiz said that PHP powers approximately 70% of websites globally, and this vulnerability could expose millions of websites to potential attack risks. Cloudflare reported that within hours of the vulnerability being disclosed, attempts by hackers to exploit it surged from thousands to millions.
01:20
German Chancellor Merz stated that Germany is the target of "intensive" espionage activities after a Ukrainian man was arrested on suspicion of spying for Russia. Officials said the suspect, Vadym Y., was accused of collecting military-related intelligence, including information on the production of armored vehicles, ammunition, and explosives. Merz warned that Russian intelligence agencies' activities in Germany remain at a "consistently high level."
01:18
Qatar's Prime Minister and Minister of Foreign Affairs Sheikh Tamim bin Hamad Al Thani discussed diplomatic efforts at de-escalation with US Secretary of State Marco Rubio during a phone call. Sheikh Tamim affirmed Qatar’s support for diplomatic efforts towards a solution that ensures freedom of maritime navigation in the region’s waterways and paves the way for a comprehensive agreement to end the Iran war. The pair also reviewed the partnership between their respective countries and joint coordination efforts to reduce escalation and promote stability in the region.
01:16
According to a report by South Korean newspaper Maeil Business Newspaper on October 22, citing industry sources, Tesla and NVIDIA have jointly pledged to invest approximately 3.7 trillion Korean Won in Samsung Electro-Mechanics to secure advanced packaging substrate capacity for next-generation AI chips. Samsung Electro-Mechanics will use this investment to expand its flip-chip ball grid array (FC-BGA) substrate production lines, with the new lines expected to be completed by the end of 2027 and the first shipments to Tesla commencing in 2029.

Specifically, Tesla will invest approximately 1.1 trillion Korean Won and sign a five-year long-term supply agreement with Samsung Electro-Mechanics for FC-BGA substrates from 2029 to 2033, ensuring the supply of critical components for its autonomous driving AI chips and Optimus humanoid robots. NVIDIA's investment commitment to Samsung Electro-Mechanics is approximately 2.6 trillion Korean Won, aimed at securing a significant portion of Samsung Electro-Mechanics' annual packaging substrate capacity in 2028.

NVIDIA is also expanding its substrate supply chain globally, having signed a capacity prepayment agreement with Japan's Ibiden to support a threefold expansion of its Ono factory capacity, with new capacity expected to be released in the first quarter of 2028. In Taiwan, NVIDIA is supporting Unimicron Technology's expansion of KF substrate capacity through a capacity reservation agreement, with new output expected to begin in the second quarter of 2027.
01:14
Venture capital firm a16z Crypto has officially rebranded as a16z Frontier. This move expands the new fund’s investment scope beyond crypto startups to encompass the broader frontier technology sector, as confirmed by Managing Partner Chris Dixon. Dixon emphasized that the firm will continue its investments in crypto-related ventures and advocate for sensible crypto regulation. The new fund will be led by Dixon, a16z co-founders Marc Andreessen and Ben Horowitz, and general partners Eddy Lazzarin and Guy Wuollet.
01:11
Brazilian President Lula's campaign team has filed a petition with Brazil's Superior Electoral Court, seeking to disqualify his right-wing rival, Flávio Bolsonaro, from the election, citing alleged election interference by social media company Meta.

Lula accuses Meta of restricting his campaign content to boost Bolsonaro's campaign. Bolsonaro, in turn, has countersued Lula for allegedly abusing government posts for mass dissemination on WhatsApp. UN experts have also expressed concern about the disparity in reach for various campaign teams on Meta platforms during elections.

Meta denies favoring any party and states it will comply with court orders to ensure fair competition. The second round of Brazil's presidential election will be held this Sunday.

Reported by BBC World News.
01:10
A Valero Energy executive said on Thursday that fuel production margins, which have retreated from historical highs, are expected to rise again despite Washington's efforts to curb gasoline and diesel prices. Valero reported record profits last quarter, with net income reaching $6.8 billion. U.S. refiners are widely expected to post exceptionally strong profits in the third quarter, as fuel production has become a critical bottleneck due to widespread disruptions in energy markets caused by the Iran-Iraq War and the Russia-Ukraine conflict.
01:09
Norwegians are falling victim to a new type of gold scam. According to Finans Norge and ABC Nyheter, scammers trick victims into buying gold, promising to store it for them. They then instruct victims to leave the gold in public places such as forests or public parks, ultimately absconding with it. The FBI's 2025 Internet Crime Report indicates that similar "gold courier scams" have led to approximately 725 complaints and $311.8 million in losses.
01:09
Lightning Labs is urging users to immediately update their software due to a certificate vulnerability. New binaries are designed to block trust in compromised eMudhra certificate keys, and merely updating Go on a host alone is insufficient to patch already installed software.
01:04
According to Fars News Agency, Iranian authorities have issued new regulations allowing individuals to purchase up to $10,000 from banks and currency exchange offices, with a daily limit of $1,000. Customers seeking smaller amounts of USD can purchase between $100 and $1,000 using bank cards and national ID cards. This move comes as sanctions put pressure on Iran's financial system, with the exchange rate at 262,000 Iranian Rials to $1 as of October 22, compared to approximately 135,000 Rials at the beginning of the year.
01:04
According to Israeli journalist Yossi Yehoshua, senior Israeli military officials stated there is no reason to attack Iran before the U.S. midterm elections unless Iran is detected preparing to launch missiles. The officials also denied that Donald Trump prevented an Israeli attack, stating that no attack was planned at the time. Israel did raise its military alert level to match the heightened U.S. readiness.
01:01
Ali Abdollahi, Chief of Staff of the Iranian Armed Forces, stated that Iran would deliver an "overwhelming and decisive" response if attacked again. He posted on X that Iran is prepared to give an "overwhelming and decisive" response to its enemies.

Separately, Mohsen Rezaei, Secretary of Iran's Supreme National Security Council, warned that if a full-scale war erupts, Tehran would target oil facilities, submarine cables, AI facilities, and data centers in the Gulf region.
00:59
Bitcoin's hashrate has reached a seven-month high, indicating a surge in mining activity. According to BlocksBridge, the network's mining difficulty is rising, as the industry's transition towards AI has failed to ease competition among miners. Smaller operators are reportedly absorbing mining equipment that larger competitors have abandoned.
00:52
Microsoft security researchers stated that a China-linked hacking group breached IT management and remote access giant ConnectWise's cloud backup service, stealing application credentials used to establish data links between ConnectWise and its enterprise clients. The hackers used these credentials to log into clients' Microsoft-hosted environments, accessing their emails and other files. According to Microsoft, the hackers used AI agents, including the open-source AI framework ARTEX, to rapidly compromise approximately 2,250 organizations at a login attempt rate of nearly 3,000 per minute. ConnectWise has suspended access to its cloud backup service and is investigating the breach.
00:51
According to CNBC, a federal civil lawsuit has been filed against former U.S. President Donald Trump and his family's crypto company, World Liberty Financial, alleging that they illegally profited over $2 billion through digital currency transactions with foreign entities. The lawsuit claims these transactions violated the U.S. Constitution's emoluments clause, which prohibits federal officials from accepting foreign funds.

The lawsuit was filed on Thursday in a Washington federal district court by a shareholder of U.S. crypto company Circle Internet Group, accusing World Liberty Financial of two "illegal foreign emoluments" transactions with Sheikh Tahnoon bin Zayed Al Nahyan, the UAE's national security advisor. These include a Tahnoon-backed entity acquiring a 49% stake in World Liberty for $500 million in January 2025, and an Abu Dhabi investment fund chaired by Tahnoon "inflating the value of Trump's crypto assets" by purchasing $2 billion of World Liberty's stablecoin, USD1.

A spokesperson for World Liberty Financial denied the allegations, stating that the company complies with all U.S. laws and regulations and looks forward to resolving the matter in court. Circle stated it did not initiate, direct, or participate in the lawsuit.

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