TSMC CEO sees no sign of a slowdown as chip foundry reports record profit
The semiconductor foundry announced thirdquarter net profits of 763.34 Taiwanese new dollars, marking a record. Source:MarketWatch
Bitcoin ETFs shed $261M as XRP funds buck weekly outflow trend
Bitcoin ETFs have recorded $151 million in net outflows since Monday, after investors withdrew $681 million the previous week. Source:Cointelegraph
BlackRock's Fink names a U.S. recession trigger, sounds alarm over $40 trillion national debt
BlackRock's CEO says "a moratorium of some sort" on data center buildouts would put the U.S. in a recession. Source:CoinDesk
South Korea plans cybersecurity overhaul after attacks hit banks, crypto firms
South Korea is proposing tougher cybersecurity assessments after a review identified security deficiencies at 130 financial firms. Source:Cointelegraph
Australia seeks feedback on crypto platform rules ahead of 2027 rollout
The consultation follows Parliament’s passage of digital asset legislation in April, with Australia’s securities regulator now proposing capital, custody and…
Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide
Ether accounted for nearly 60% of the forced closures across the two largest cryptocurrencies, falling roughly twice as much as bitcoin. Source:CoinDesk
Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%
Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s. Its remaining miners must choose another provider before a Nov.…
Bitcoin is back below $81,000 as Fed rate uncertainty weighs
Bets on an October Fed rate hike briefly spiked to nearly 50% after Wednesday’s inflation report, but have since cooled. Source:CoinDesk
Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies. Source:Cointelegraph
VanEck seeks to withdraw application for Lido staked Ether ETF
VanEck initially filed an S1 registration statement for the exchangetraded fund in October last year. Source:Cointelegraph
Anthropic’s slowing growth could be the AI trade’s latest red flag
Anthropic’s revenue growth appears to be cooling as the company prepares for its public debut, further stoking investors’ AI jitters Source:MarketWatch
Polygon gains US payments licenses after closing Coinme deal
The deal gives Polygon access to 37 money transmitter licenses and 11 state exemptions. Source:Cointelegraph