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Elon Musk Praises Jeff Bezos After $28 Billion Blue Origin Reveal

Elon Musk publicly applauded Jeff Bezos after the Amazon founder revealed a $28 billion personal bet on Blue Origin, his private rocket company. Bezos also floated a future Blue Origin IPO.　　The praise stands out because the two billionaires have competed for launch contracts and satellite internet customers for years. Musks own rocket company, SpaceX, went public in June.　　Sponsored　　Sponsored　　Why Did Bezos Finally Let Outside Investors In？　　Bezos founded Blue Origin in 2000. The company builds reusable rockets and lunar landers, and it competes with SpaceX for NASA and military launch work.　　Bezos shared the figures with Fox News anchor Bret Baier. The two spoke on the Blue Origin factory floor in Cape Canaveral, Florida.　　He said the company recently raised $10 billion from outside backers. It marked the first external round in the companys 26-year history.　　Baier added that demand for the round exceeded the shares on offer.　　Moreover, Bezos explained why he waited so long to let others in.　　Sponsored　　Sponsored　　“I didnt really want to take outside investors until I was sure that it would be a good investment for them.”　　Jeff Bezos told Fox　　The same interview also touched on a possible Blue Origin IPO.　　A conservative account on X then shared the clip as a defense of billionaires.

2 دن پہلےانڈسٹری

EU lawmakers push crypto onto anti-corruption agenda

Lawmakers are urging the European Commission to address corruption risks linked to crypto assets, opaque ownership structures and digital tools in its upcoming anti-corruption strategy.　　Members of the European Parliament (MEPs) on Thursday also called for stronger efforts to trace, freeze, confiscate and recover criminal proceeds.　　Parliament adopted a nonbinding resolution Thursday outlining its priorities for the ECs anti-corruption strategy.　　That strategy is intended to complement the European Unions anti-corruption directive, which entered into force in May. The directive harmonizes definitions of corruption offenses and minimum penalties across the bloc.　　Beyond asset recovery, MEPs called for stricter rules on public procurement and grants, more harmonized standards for conflicts of interest, clearer lobbying rules and common rules for political financing. They also urged stronger protections for whistleblowers and investigative journalists.　　The Commission plans to adopt its anti-corruption strategy by the end of 2026.

2 دن پہلےانڈسٹری

Bitcoin Price Holds Above $82K Despite Mounting Bearish Pressure

Bitcoin‘s price is struggling to find its footing on Oct. 8, 2026, after a sharp selloff knocked prices from the mid-$85,000s into the low $82,000s. Trading near $82,500, the cryptocurrency faces mounting pressure across its hourly and four-hour charts, although daily technical indicators remain neutral. The $82,180 level has become the market’s immediate line of defense, while a recovery above $83,500 would offer the first indication that buyers are regaining control.　　Key TakeawaysBitcoin‘s price fell to $82,179.86 on Oct. 8 as sellers extended Wednesday’s decline.The daily views technicals remain neutral despite bearish short-term charts.Bitstamps BTC/USD chart puts $81,000 and $80,000 in focus if $82,180 breaks.　　Bitcoin Technical Analysis: Bears Press $82,000 as Recovery Stalls　　Bitcoin‘s price is having a rough go of it this Thursday, Oct. 8, 2026, with the cryptocurrency hovering near $82,500 after surrendering more than $3,000 during the previous day’s selloff.　　The curious part is that despite the damage, the daily technical summary remains neutral, with nine bullish readings, seven bearish readings, and ten neutral signals, suggesting the broader trend hasnt entirely capitulated even as shorter time frames tell a considerably less encouraging story.　　Hourly Chart Reveals a Fragile Recovery　　The one-hour Bitstamp chart shows bitcoin struggling to recover after sliding to $82,179.86

2 دن پہلےانڈسٹری

U.S. government sends $770M BTC to Coinbase, why now？

The U.S. government has moved roughly 9,261 Bitcoin worth $770 million to Coinbase Prime over two days, including thousands of coins linked to criminal seizures and 2,456 BTC from wallets not previously identified as government holdings.　　Summary9,261 Bitcoin moved to Coinbase Prime across two days, totaling roughly $770 million in transferred value.Nearly half came from Bitfinex hack recoveries, while 2,456 Bitcoin lacked prior government attribution labels.Coinbase Prime provides custody and trading, so transfers alone do not prove government selling activity.Trumps reserve order bars sales of reserve Bitcoin but legally allows court-ordered and victim-related transfers.Galaxy estimates U.S. government-linked wallets now hold roughly 319,086 Bitcoin across seizure-related addresses on chain.　　Galaxy Research reported in its Oct. 8 on-chain analysis that almost half of the transferred Bitcoin came from funds recovered from the 2016 Bitfinex hack. Another portion was traced to previously known Binance-related seizures, while the source of 2,456 BTC had not appeared in the research firms earlier government-wallet labels.　　The U.S. government sent ~8428 BTC to Coinbase Prime today, plus 834 BTC yesterday for a total of 9,261 BTC ($770m)　　Almost half was recovered from the Bitfinex hackers, while another portion came from known seizures from Binance.　　But 2,456 BTC came from previously unknown… pic.twitter.com/tEaA8XiTrf　　— Galaxy

2 دن پہلےانڈسٹری

THORChain made 63% of its record $3 million September income during the Bitget hack-linked trading surge

THORChain‘s September income surged as Bitget-linked flows drove the protocol’s busiest stretch in more than a year.　　Related Asset THORChain #131 RUNE · $0.71 24-hour change: down 1.75% Loading price history… 24H Down 1.75% 7D Down 10.66% 30D Up 46.17%　　The cross-chain exchange generated $3.01 million in system income last month, its highest since March 2025, while swap volume climbed to $2.40 billion, the most since June 2025.　　Much of that activity was compressed into five days following the Bitget hack. About $1.37 billion, or 57% of Septembers swap volume, crossed THORChain between Sept. 25 and Sept. 29, while the network generated roughly $1.9 million of income during the same period, equivalent to about 63% of the monthly total.　　THORChain said the surge coincided with funds linked to the Bitget exploit moving through the network. It explained:　　Related Company Bitget Trading platform for crypto products　　“Between September 25 and 29, daily volume ran between roughly $190M and $460M as funds linked to the Bitget exploit moved through the network.”　　The concentration nevertheless highlights the economic consequences of a position THORChain defended as Bitget sought to limit the movement of stolen funds.　　After the exchange was hacked, THORChain rejected calls for selective intervention, arguing that the protocol is decentralized

2 دن پہلےانڈسٹری

These 3 altcoins lose key support, how low can they go？

Chainlink, Cardano and Solana have fallen below or toward key technical levels on Oct. 8, with all three altcoins trading under pressure after recent rallies failed to hold.　　Ali Charts said LINK, ADA and SOL were showing separate bearish setups across four-hour and daily charts in his Oct. 7 market analysis. His targets remain conditional technical scenarios, not confirmed price destinations, and each setup depends on whether buyers reclaim the levels that recently failed.　　Why these altcoins are under pressure　　CoinGecko shows Chainlink near $13.04, down around 4% over 24 hours, with a daily range of $13.03 to $13.51. Its market capitalization stands near $9.76 billion, while 24-hour trading volume is roughly $335 million. LINK is therefore still below the $13.56 level Ali Charts identified as the line that would weaken his bearish head-and-shoulders setup.　　The analyst said LINK “appears to be breaking below” the neckline of that pattern on its four-hour chart. If price stays below $13.56, he placed $12.39 as the first downside target and $11.98 as the next level if selling continues. Among the three altcoins, LINK has the clearest two-step downside map from the analysts thread.　　2/5 First is $LINK. Chainlink appears to be breaking below the neckline of a head-and-shoulders

2 دن پہلےانڈسٹری

BitMines Ethereum buying spree could end in six weeks

BitMine Immersion Technologies Chairman Tom Lee said the company will stop accumulating Ethereum once its holdings reach 5% of the cryptocurrency‘s supply, capping the strategy that made it ETH’s largest corporate holder.　　Related Asset Ethereum #2 ETH · $2,530.20 24-hour change: down 1.48% Loading price history… 24H Down 1.48% 7D Down 6.01% 30D Up 2.36%　　Speaking at TOKEN2049 in Singapore, Lee said BitMine was already close to that limit and would not pursue an open-ended accumulation campaign. He said:　　“We only need to get another 100,000 ETH to get to 5%.”　　Notably, the company is actually slightly closer than Lees rounded estimate suggests. BitMine held 6,016,414 ETH as of Oct. 4, equal to about 4.9% of the 122.1 million ETH supply cited in its latest disclosure.　　Related Company BitMine A Bitcoin network company　　This means BitMine would need roughly 88,586 ETH to reach 5% of the 122.1 million ETH supply used in its calculations.　　At an illustrative ETH price of $2,500, acquiring the remainder could cost roughly $221 million. BitMine reported $643 million in cash and marketable securities, giving it enough disclosed liquidity to cover the gap while retaining most of that liquidity.　　BitMine could reach its 5% ceiling within weeks　　BitMine‘s latest official purchase rate puts Lee’s 5%

2 دن پہلےانڈسٹری

Bitcoins failed breakout reveals a dangerous mix of thin volume and easy profits

Bitcoin has fallen nearly 5% this week as weak trading volume and profit-taking blunt attempts to reclaim $85,000.　　Related Asset Bitcoin #1 BTC · $82,232.76 24-hour change: down 1.43% Loading price history… 24H Down 1.43% 7D Down 1.74% 30D Up 4.92%　　The largest cryptocurrency traded around $83,100 as of press time, extending a retreat that followed Sundays brief close above the key level. Bitcoin has since failed to sustain that breakout, slipping beneath newly placed sell orders before buyers around $85,000 also gave way.　　On-chain data suggests the pullback is unfolding against two related pressures: unusually weak participation and a large pool of recent buyers with profits available to realize.　　Combined Bitcoin trading across spot exchanges and US spot exchange-traded funds averaged about $6.8 billion a day over the seven days through Oct. 6, Glassnode said. That was lower than on 90% of trading days since January 2024.　　Related Company Glassnode On-chain analytics platform　　The weakness persisted even as Bitcoin tried to break resistance. Sundays close above $85,000 came on roughly half the trading volume of a typical Sunday, while no session since Sept. 22 has recorded normal spot volume for its respective day of the week.　　At the same time, sellers approaching the market have increasingly

2 دن پہلےانڈسٹری

Samsung integrates USDC to overhaul cross-border remittances for 82 million Galaxy users

Samsung is turning its wallet app into a cross-border payments tool by allowing eligible users to remit $USDC to other wallets and bank accounts starting in the last week of October.　　“Sending money abroad should feel as convenient as using the wallet already on your phone,” Woncheol Chai, Samsung Electronics‘ head of its digital-wallet team, said. “We’re bringing $USDC transfers into Samsung Wallet so eligible Galaxy users can get started without installing another app or managing private keys themselves.”　　The feature will be available on 82 million Galaxy devices across the United States and will be fully compatible with the Samsung Wallet, which is already used for cards, IDs and boarding passes, Solana said in a statement announcing its partnership with Samsung on Wednesday.　　To power the initiative, Solana and Sui will provide the underlying blockchain network support. Coinbase will custody the stablecoin through Coinbase Prime Vault, while Bastion will provide the regulated stablecoin infrastructure.　　Through this integration, users will be able to send Circle‘s stablecoin, $USDC, the world’s second-largest dollar-pegged token preferred by institutions for its strong regulatory backing. Use of stablecoins in cross-border transactions has expanded robustly this year due to low transaction costs, according to the IMFs annual report.　　Galaxy users can

2 دن پہلے

Vitalik Buterin urges calm as AI raises new fears over Bitcoin and Ethereum cryptography security

Ethereum co-founder Vitalik Buterin warned that AI-driven advances in mathematics could weaken both existing crypto signatures and some post-quantum defenses.　　On Oct. 7, Buterin advised crypto holders to reduce exposure where practical but cautioned against rushing funds into new wallets, arguing that migration mistakes pose a more immediate danger than any demonstrated cryptographic break.　　He wrote on X:　　Related Asset Ethereum ETH · $2,528.77 24-hour change: down 1.49%　　“I dont recommend anyone scramble to move their funds to new wallets today. But we should take the risks to cryptography from AI-accelerated math seriously.”　　OpenAIs math advances trigger warnings　　His comments followed Ethereum researcher Justin Drakes call for the industry to begin preparing for “bunker mode,” including moving assets toward fresh addresses whose public keys have never been exposed onchain.　　Drake raised the possibility that advances in artificial intelligence could accelerate mathematical attacks on the elliptic-curve cryptography used by Bitcoin and Ethereum.　　The debate intensified after OpenAI published new mathematical results generated by an internal frontier model on Oct. 6, including machine-generated proofs formalized in Lean. OpenAI did not report any attack on blockchain cryptography, and neither Buterin nor Drake pointed to evidence that ECDSA has been practically broken.　　Related Company OpenAI AI research and deployment company　　Buterins warning extends beyond

2 دن پہلےانڈسٹری

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