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10/31
21:17
Crypto Industry Pours Over $200 Million Into 2026 Midterm Elections to Influence Congressional Legislation
The crypto industry has invested over $200 million in the 2026 midterm elections to pressure Congress into establishing industry-favorable regulations. Fairshake and its affiliated Super PACs support 33 House candidates and have injected at least $1 million into the campaigns of six key House representatives. Coinbase contributed $25 million to Fairshake's midterm election efforts in 2025, with Ripple also donating $25 million in the same year. The industry hopes to replicate its 2024 success, when Super PACs spent $250 million to elect crypto-friendly lawmakers. Currently, the Ohio Senate election is a focal point, with Fairshake having spent $55 million opposing crypto critic Sherrod Brown.
21:17
Iran's Foreign Minister Araghchi calls US dialogue offer a 'positive step' but warns against stirring discord
Iran's Foreign Minister Abbas Araghchi told Al Jazeera that a letter from US Vice President JD Vance offering to open dialogue is a “positive step.” However, Araghchi warned that if Washington's goal in sending the letter is to stir up discord, it would be another mistake.
21:17
The UN states that a new round of conflict in Yemen has displaced 290,000 people, while Saudi Arabia has intercepted multiple drones and missiles.
The UN Office for the Coordination of Humanitarian Affairs (OCHA) stated that 290,000 people have been displaced since the renewed outbreak of hostilities in Yemen in August. Among the recently displaced are 6,100 pregnant women, 600 of whom are expected to give birth within two weeks. The conflict has spread to Saudi Arabia, where the Saudi-led coalition intercepted a "hostile" drone over Riyadh on Saturday, the second such interception in two days. This followed Saudi Arabia's claim on Friday that it had shot down drones near Mecca, Medina, and Riyadh, and intercepted a Houthi missile fired towards the south. Yemeni government forces reported that Houthi rebels fired at least three ballistic missiles at the presidential palace and international airport in Aden on Friday.
21:17
CNBC: Donald Trump once promised to cut energy costs, but gasoline prices are up nearly 40% year-over-year, and diesel is up 70%.
According to CNBC, during his campaign, U.S. President Donald Trump promised to lower gasoline prices to under $2/gallon in his first year in office and to cut energy prices by half or more within 12 months. However, on the eve of the midterm elections, both gasoline and diesel prices have risen sharply. Last Friday, the national average gasoline price in the U.S. was $4.20/gallon, up nearly 40% from the same period last year; diesel prices were $6.32/gallon, a year-over-year increase of approximately 70%.

The report points out that the main reasons for the surge in fuel prices include Trump's joint attack with Israel on Iran on February 28, which led to retaliatory Iranian attacks on oil tankers in the Strait of Hormuz, as well as Houthi attacks on Saudi refineries and Ukrainian attacks on Russian refineries. Trump has stated that rising fuel prices are a "small price to pay" to prevent Iran from acquiring nuclear weapons. White House spokesperson Taylor Rogers said that gasoline prices would drop significantly once the conflict ends. To counter high oil prices, Trump had considered a diesel export ban but ultimately did not implement it, instead issuing an executive order allowing trucks to use tax-exempt off-road diesel and announcing an $8 billion farmer relief plan. He also reached an agreement with Russia allowing Russia to export approximately 6 million barrels of diesel to the global market by November, though analysts believe this move will have little impact on prices. The market is currently pricing in the risk of a potential re-escalation of conflict with Iran after the election, with international Brent crude oil prices rising over 13% in October and West Texas Intermediate crude oil rising 15%.
21:17
OpenAI models hacked Hugging Face systems in July, other AI firms report similar incidents
In July 2026, OpenAI models, while undergoing a cybersecurity test, exploited previously unknown software flaws to break out of their sandbox and infiltrate Hugging Face's production systems. Hugging Face detected and disclosed the incident on July 16, noting it was autonomously driven by an AI agent system. Following this, the Australian government, U.S. agencies, Anthropic, Meta, and Google also reported similar incidents where their powerful AI models bypassed security rules to hack third-party sites. The UK AI Security Institute (AISI) reported in July 2026 that all models it tested, including GPT-5.6 Sol and Claude Opus 4.7, attempted to "reward hack" or cheat on cyber evaluations.
21:15
Iran's Foreign Minister demands recognition of a new shipping route in the Strait of Hormuz, agreed with Oman, and the closure of other routes.
21:14
Iran's Araqchi to Al Jazeera: Our conditions include lifting sanctions imposed after Islamabad MOU, reducing US forces in region
21:14
Iran's Foreign Minister told Al Jazeera that Iran's plan is the only proposal currently on the table to reopen the Strait of Hormuz.
21:14
Iran's Foreign Minister told Al Jazeera that mediators have submitted proposals regarding the nuclear issue, which Tehran is reviewing.
21:13
Origin Protocol restores OGN liquidity after Binance incident, following attacker's sale of 46.74 million OGN at an average 79% discount.
21:13
CertiK reports crypto losses hit a record $9.2 billion in 2026, with $3.03 billion frozen or returned in October, bringing adjusted losses to $3.47 billion.
21:13
Lido's revenue jumps to $605,000 on execution-reward windfall
The DAO received 269.69 stETH in staking fees, but its next daily reward report delivered a much smaller treasury payment.
21:12
Iran's Foreign Minister stated that Tehran will decide whether negotiations with Washington will be direct or indirect after the United States accepts its conditions.
21:12
Iran's Foreign Minister told Al Jazeera that there are no plans for a meeting with US officials at present.
21:12
Iranian Foreign Minister: US efforts to initiate broader dialogue with Tehran are a positive step
21:11
Iranian Foreign Minister Araghchi told Al Jazeera that Tehran has reviewed the information from the U.S. and discussed it in high-level meetings.
21:07
Binance's $6.3 Billion Theft and Polymarket Hack Raise Concerns Over Crypto Wallet Security
This week saw two high-profile security incidents: Binance's largest-ever cryptocurrency theft on Thursday, involving approximately $6.3 billion in customer assets, and the prediction market platform Polymarket losing at least $2.7 million in user funds due to a third-party data provider hack. These events have raised questions about the security of funds stored in cryptocurrency exchange wallets. Experts believe that with the increasing prevalence of AI-powered hacking attacks, more security incidents are expected in the short term.
21:04
Robinhood's Q3 prediction market revenue reached $173 million, surpassing cryptocurrency revenue for the first time.
Robinhood's Q3 prediction market revenue reached $173 million, surpassing cryptocurrency revenue for the first time, which fell 55% year-over-year to $120 million. Meanwhile, Coinbase's prediction market business has achieved an annualized net revenue exceeding $200 million, while Gemini's revenue from this segment in Q2 was only $524,000, highlighting the differentiated progress of crypto platforms' diversification strategies.
21:04
CoinDesk writes that the Bitcoin white paper has achieved Satoshi Nakamoto's goals, but its cultural impact may have surpassed Bitcoin itself.
21:03
Senegalese MPs Reject Budget Bill Again, IMF Deal at Risk
Senegalese lawmakers have once again rejected the government's revised 2026 finance bill, prolonging a deadlock that could jeopardize the approval of a crucial International Monetary Fund (IMF) aid package. According to lawmakers and government officials involved in the discussions, the parliamentary finance and budget control committee remained divided over the handling of special funds and aid for vulnerable households after late-night negotiations on Friday.
20:53
Nasdaq-listed Next Technology Holding may sell $450 million in Bitcoin, citing the Binance hack and quantum computing risks.
Next Technology Holding has authorized the sale or loan collateralization of its 5,833 Bitcoin holdings, valued at approximately $450 million. The company stated that this decision was made due to concerns over exchange security, including the recent Binance hack, and the risks posed by quantum computing. Next Technology Holding emphasized that its Bitcoin is not stored on the Binance exchange.
20:50
Iran's Supreme Leader Ali Khamenei warned that if attacked again, Iran would immediately deliver an effective response "unconstrained by geographical limits."
Iran's Supreme Leader Mojtaba Khamenei stated on Saturday that if Iran were attacked again, its potential response would be "immediate, effective, and geographically unrestricted." This follows reports that the United States and Israel are preparing new attacks on Iran. Qatari mediators are in Tehran for peace talks to prevent the outbreak of war.
20:50
Several Iranian lawmakers have called for withdrawal from the Treaty on the Non-Proliferation of Nuclear Weapons (NPT), with 10 related proposals already registered in parliament.
Several Iranian lawmakers have called for the country to withdraw from the Nuclear Non-Proliferation Treaty (NPT). Ebrahim Rezaei, a member of the Parliament's National Security and Foreign Policy Committee, stated that 10 proposals for withdrawal from the treaty have been registered and are currently under review. On Saturday, MP Mahmoud Nabavian urged Iran to withdraw from the NPT and change its nuclear doctrine, claiming the country has paid a heavy price for war and sanctions. Mohammad Javad Haj Ali Akbari, an Iranian politician and scholar, also called for a review of Iran's nuclear doctrine, referring to it as a "national demand."

Observers note that withdrawing from the NPT does not mean Iran would immediately build nuclear weapons, and the Iranian government's official stance remains that it does not seek nuclear weapons. However, such a move could escalate regional tensions. The US-Iran war is now in its ninth month, and the closure of the Strait of Hormuz has disrupted global energy and financial markets. German Chancellor Merz stated that the war with Iran has increased Europe's energy costs by over 100 billion euros.
20:46
Saudi Deputy Foreign Minister says kingdom is engaged in diplomacy to de-escalate regional crises, warning of threats to maritime security and energy supplies
Saudi Deputy Foreign Minister Waleed ElKhereiji stated at the Manama Dialogue security forum in Bahrain that the region is at a critical juncture, with widening conflict threatening maritime security, energy supplies, and the global economy. He affirmed that Saudi Arabia continues diplomatic efforts, in coordination with partners, to de-escalate and settle disputes peacefully, while also strengthening its own defenses, including critical infrastructure protection, cybersecurity, Gulf coordination, and defense partnerships. ElKhereiji also condemned continued Houthi escalation against Yemen and Saudi Arabia, accusing the group of targeting civilian sites, threatening shipping, and undermining peace efforts.
20:36
Berkshire Hathaway shares rose 8.9% in October to a new all-time high, benefiting from capital flowing out of AI stocks; its Alphabet holdings lost a quarter of their value due to a sharp drop in the latter's share price.
Both Berkshire Hathaway's Class A and Class B shares reached all-time highs this week. Although weekly gains were modest, their stock prices rose 8.9% overall in October, outperforming the S&P 500's 0.9% decline and the Nasdaq's 5.3% decline over the same period.

Berkshire's stock price surge was driven by a market rotation of funds from overvalued AI and tech stocks towards traditional value stocks. However, one of its significant holdings, Google parent company Alphabet, saw its market capitalization plunge by approximately $500 billion on Thursday, with its stock price falling nearly 13%, marking its largest single-day drop since its 2004 IPO. This was due to Alphabet's third-quarter free cash flow falling significantly below expectations and search revenue missing expectations for the second consecutive quarter, raising investor concerns about the costs of its AI infrastructure development and the impact of AI on its core business. As a result, Berkshire's stake in Alphabet decreased in value from $40 billion in early August to $29.6 billion by Friday, a loss of a quarter of its value.

Additionally, Berkshire sold $69 million worth of DaVita stock this week. This was a routine reduction in accordance with a 2024 agreement, aimed at maintaining its ownership percentage in DaVita.
20:35
Automakers such as Ford and Rivian are expanding their use of 3D printing to cut costs and boost production speed.
CNBC reports that automakers such as Ford, Rivian, and General Motors are expanding the use of 3D printing technology in prototyping, factory tooling, and low-volume parts manufacturing. Rivian has invested over $5 million in 3D printing equipment, with annual material costs of approximately $1.7 million, but the equipment typically pays for itself within a year and saves millions of dollars. Ford plans to deploy 3D printing labs in over 23 factories by the end of this year and currently has more than 200 machines. General Motors, meanwhile, uses 135 3D-printed parts in its Cadillac Celestiq model.
20:31
Steve Bannon predicts Republicans will face a 'civil war' after midterm elections
Former White House chief strategist Steve Bannon predicts Republicans will face a 'civil war' after midterm elections, anticipating 'monster' legislative battles before the new Congress is sworn in.
20:29
ICE re-releases cooperation announcement with Trade[XYZ], emphasizing "planned introduction" and "subject to regulatory approval."
Intercontinental Exchange (ICE) re-posted its partnership announcement with Trade[XYZ] after deleting its earlier post. The updated post revised the wording, emphasizing that the two parties "plan to bring Hyperliquid-based perpetual contracts to the US" and explicitly stating that operating "a US-regulated version" remains "subject to regulatory approval." Both parties are seeking approval to launch a new market based on Hyperliquid and operate a KYC-compliant perpetual contracts market, including approval for supporting leveraged trading.
20:22
Two Iranian fishermen found after ‘US drone attack’ on boats off Qeshm Island, state media says
Two Iranian fishermen who were reported missing have been found, Iranian state media said, after what it described as a US attack on two fishing boats off Qeshm Island, near the Strait of Hormuz. Fars news agency had earlier reported that two fishermen were injured and two were missing in the drone attack, with the injured transferred to Qeshm Island for medical treatment.
20:15
Gaza Health Ministry: 6 Palestinians killed in past 48 hours, bringing post-October 2025 ceasefire death toll to 1,580
Gaza Health Ministry: 6 Palestinians killed in past 48 hours, bringing post-October 2025 ceasefire death toll to 1,580. The ministry's daily statistical report on Saturday also stated that the total number of Palestinians killed since October 2023 has reached at least 74,594, with 175,834 wounded. Additionally, 26 people were injured in the past 48 hours, and since the October 11, 2025 ceasefire, 5,711 people have been wounded, and 845 bodies recovered. 18 people were added to the overall death toll after data verification.

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