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10/8
05:25
The U.S. government moved approximately $565.87 million in seized cryptocurrencies to Coinbase Prime over several hours on October 7th, according to blockchain analytics platform Onchain Lens. The transfers included 94.15 million Tether (USDT) from bankrupt crypto exchange FTX and its trading arm Alameda Research, as well as 3,974 Bitcoin (BTC) (worth about $329.95 million) related to the 2016 Bitfinex hack. Additional transactions involved 657.92 BTC, 750.19 Wrapped Bitcoin (WBTC), and 24.89 million USDT, also linked to FTX/Alameda assets. While some crypto went through newly minted addresses, the largest portion originated from the Bitfinex hack. Moving assets to Coinbase Prime does not necessarily indicate an imminent sale, as the platform was selected by the U.S. Marshals Service in 2024 for custody and advanced trading of its digital assets portfolio. The U.S. government has not publicly disclosed the purpose of these specific transactions.
05:17
Broadcom is reportedly raising over $50 billion for OpenAI's AI chip business, according to The Wall Street Journal. This follows previous efforts by Broadcom, Oracle, and SpaceX to secure debt financing for AI chip operations.
05:15
Rising rates are eroding the value of even high-flying tech stocks, with many industry groups' shares falling sharply. Tech darlings are no longer commanding the multiples they once did.
05:09
The U.S. Treasury completed its auction of $39 billion in 10-year notes on Wednesday, with a yield of 5.3%, the highest since November 2000. The bid-to-cover ratio for this auction rose to 2.77x, the strongest since 2016, and non-dealer investors accounted for a record high 97.5% of subscriptions. Indirect bidders (typically representing overseas official institutions and foreign investors) were allotted 80.3%, the fourth highest on record, while primary dealers were left with only 2.5% of the allocation, the lowest ever. Following the auction results, the 10-year U.S. Treasury yield fell more than 5 basis points from its intraday high to approximately 5.28%.
04:57
Anthropic on Wednesday released its cheapest and fastest Claude Haiku 5.5 model. The model runs at approximately 75% lower cost than its predecessor and is designed for high-throughput tasks such as document summarization and real-time customer support. Its input token pricing is $0.10 per million, and output tokens are $0.50 per million (for prompts up to 100,000 tokens). Benchmarks show that Haiku 5.5 outperformed OpenAI's GPT-6 Luna model in tests such as OSWorld 2.1, Terminal-Bench 4.0, and GDPval-AA v2.1. Additionally, Anthropic also halved the cached read price for Claude Sonnet 5.5 to $0.10 per million tokens.
04:55
The crypto firm is emerging as a serious player in financing leveraged ETFs, a lucrative business long dominated by big banks.
04:51
Nous Research, the developer of the open-source Hermes agent, has raised a $90 million Series B round at a $1.5 billion valuation. The round was led by Robot Ventures, with participation from Nvidia, Samsung, and other backers. This new financing brings the three-year-old startup's total funding to $158 million. The company is now expanding into the enterprise sector with "Hermes for Businesses," offering customized AI agents for multi-step workflows while maintaining data privacy. The Wall Street Journal reported the company was at approximately $36 million in annualized revenue by mid-September 2026 and expects to exceed $100 million by the end of 2026.
04:37
President Donald Trump has officially proclaimed October 2026 as National Energy Dominance Month, highlighting his administration's achievements in strengthening America's energy independence. The proclamation cites the reversal of Obama-era oil, gas, and vehicle regulations, the approval of over 6,000 drilling permits on federal land, and significant investments in clean coal and nuclear energy. Notably, the President mentioned securing the largest oil deal in human history last month, which grants the U.S. majority control of over 65 billion barrels of proven oil reserves in Venezuela, aiming to vastly increase America's oil supply and secure energy dominance for the next century.
04:34
According to renowned financial commentator Jim Cramer, SpaceX plans to purchase more NVIDIA GPUs, indicating that companies are seeing returns on their AI computing investments, leading him to remain bullish on NVIDIA stock.
04:31
CFTC Chair Mike Selig stated on Fox Business Network that new crypto rulemaking will prevent another FTX-style collapse, allowing crypto exchanges to register federally to safeguard digital asset spot markets. He noted that FTX's CFTC-registered subsidiary kept funds safe due to segregation, and the agency aims to bring similar stringent requirements to the broader crypto world. The CFTC is relying on existing powers and is seeking public comment on a framework for a new federal registration category, "crypto asset market," for exchanges offering leveraged, margined, or financed crypto trades to retail customers.
04:29
Shares of Japanese entertainment company Bandai Namco Holdings have reached an all-time high, as the company accelerates content monetization using its IP library and seeks a breakthrough in the North American market. The company showcased its upcoming game, "Gundam Rogue Orbit," at Tokyo Game Show 2026.
04:17
Levi Strauss on Wednesday raised its full-year adjusted earnings per share (EPS) forecast to $1.54-$1.56, up from $1.46-$1.52, exceeding analysts' expectations. This upward revision was primarily driven by a tariff refund the company received, which contributed 16 cents to EPS. However, the company simultaneously lowered its full-year net revenue growth guidance to 7%, the lower end of its previous 7%-7.5% range. For the third fiscal quarter ended August 30, Levi Strauss reported net income of $168.6 million on sales that grew approximately 4% to $1.61 billion.
04:10
The U.S. Federal Communications Commission (FCC) on Wednesday voted to approve a proposal to auction 25 megahertz (MHz) of "golden spectrum" to support satellite-to-smartphone "direct-to-device" (D2D) services. This move is expected to benefit companies such as Amazon and SpaceX, both of which have already begun expanding their satellite network D2D services. The FCC will also vote on October 29 to seek public comment on another proposal to provide an additional 482 MHz of spectrum for space-based supplemental coverage and modernize D2D service rules. Furthermore, the FCC on Tuesday approved SpaceX's application for a new direct-to-cell system of 15,000 satellites. Amazon in July also requested FCC approval to launch 5,105 internet satellites to provide D2D connectivity and in August spent over $11.5 billion to acquire Globalstar to strengthen its low-Earth orbit satellite internet business.
04:07
Cardano wallet firm SecondFi has launched a recovery portal for victims of its $21 million hack. Protos reports that holders whose NFTs cannot be returned would receive 30 ADA, then worth about $7.60. The portal lets affected users check eligibility against a snapshot of the June 2026 incident and submit a claim using a new Cardano wallet address. Protos says SecondFi’s guide tells affected users to enter their private recovery phrase on its webpage and warns of spoofing and man-in-the-middle risks. SecondFi’s current recovery page says the phrase is processed only on the user’s device to generate a proof and is not transmitted or stored. Users should verify the official domain independently and avoid links sent in messages.
04:06
The U.S. President signed two congressional bills on October 7, 2026. H.R. 5345, the "Improving Services for Victims of Identity Theft Act," aims to establish a single point of contact for individuals whose Social Security numbers have been misused or whose Social Security cards have been lost. S. 766, the "Billions in Waste Reduction Act of 2025," requires annual reports on federally funded projects that are more than five years behind schedule or more than $1 billion over budget.
04:00
The Federal Reserve's September meeting minutes revealed that almost all participants viewed inflation risks as skewed to the upside, with some officials noting that this upward bias had strengthened in recent months. Officials pointed to recent increases in energy prices, geopolitical risks, and tariffs as factors that could prolong inflation beyond expectations. The AI investment boom also emerged as a significant source of inflation risk discussed at the meeting, with some officials suggesting that AI could push up inflation through increased demand, rising input costs, and greater financing needs.
03:56
Market observers state that the US midterm elections will be a potential test of investor sentiment toward the rapidly growing defense sector. President Donald Trump is seeking to increase the military budget by over 40% to approximately $1.5 trillion, but the feasibility of this plan largely depends on whether the Republican Party can maintain control of Congress.
03:52
According to market data tracker Maketo, five US spot XRP ETFs held an estimated $1.7 billion in accumulated exposure as of October 6. Last week, these funds collectively recorded approximately $3.9 million in net inflows. On October 6, Bitwise's fund saw about $11 million in inflows, while Franklin and Canary recorded outflows of roughly $4.1 million and $3.3 million, respectively.
03:51
Wells Fargo, the fourth-largest bank in the U.S., is reportedly in discussions with Payward, the parent company of Kraken, for a potential agreement where Payward could provide crypto asset trading liquidity. Discussions are ongoing and may not result in a final agreement.
03:45
Elon Musk reposted a tweet from XFreeze, which stated that the Starlink team has been working for nearly five years to bring high-speed internet to India, especially in rural and remote areas. Starlink has obtained telecom licenses and IN-SPACe approval, established over 20 gateway sites, and designed operational plans according to India's security requirements, including keeping Indian user data within India. However, due to pending final approvals and spectrum allocation, Starlink is currently unable to provide services to any commercial customers. The tweet emphasized that approximately 64% of India's population (about 941 million people) lives in rural areas, and with Starlink ready and ground infrastructure built, this multi-year delay is frustrating, especially in the context of the "Digital India" strategy aiming to bridge the connectivity gap.
03:42
Australian Treasurer Jim Chalmers stated that despite planned budget cuts for the 2026 fiscal year, Australia will increase defense spending and fulfill its commitment to purchase Japanese warships. Chalmers noted that Australia, like some other countries, is facing inflation issues.
03:36
Porsche is refocusing on gasoline-powered luxury cars, emphasizing midsize vehicles and sports cars, after an overambitious move into electric vehicles and slow growth in China.

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