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🇨🇳 CHINA TAKES 63% OF SHIP ORDERS - KOREA AND JAPAN ANSWER WITH ROBOTS HD Hyundai, Hanwha Ocean and Fanuc are racing to automate their shipyards to offset labor shortages, and whoever scales AI-powered robotics first will gain a major edge in this strategic industry. Explore more news → cryptothreads.io/news/
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🚨 AI COMPANIONS ON SOLANA ARE ABOUT TO GET "A LIFE OF THEIR OWN" ONCHAIN The Weirds project just dropped a teaser for autonomous AI companions, each with its own memory, personality, wallet and social connections onchain, and they keep running even when you're offline (it's only a teaser for now, so beware of fake tokens).
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🔥IMF SENT EL SALVADOR $139 MILLION, EVEN THOUGH IT BROKE THE IMF'S OWN BITCOIN LIMIT El Salvador was the first country to make Bitcoin legal tender. As part of its $1.4 billion IMF loan, it pledged not to use government money to buy more Bitcoin. But its Bitcoin holdings kept growing. The IMF says the new coins came from private donations, not public funds. After El Salvador took corrective measures and renewed its commitments, the IMF waived the breach and approved the disbursement on Oct 1. The condition still stands: no further Bitcoin accumulation beyond the documented donations. Smart flexibility, or the IMF looking the other way? Explore more news → cryptothreads.io/news/
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🇻🇳 CZ SPOTTED ON VIETNAM’S NATIONAL TV! @cz_binance made a brief appearance on VTV during coverage of General Secretary Tô Lâm’s meeting with leading U.S. business executives in New York.
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⚠️ BLAST OFFICIALLY SHUTS DOWN, LESS THAN 3 YEARS AFTER LAUNCH Once holding over $2.2B in TVL, the L2 now admits its operating costs exceed revenue, with no credible path to economic sustainability. @blast raised $20M from Paradigm, Standard Crypto and others, launched early access in Nov 2023, and went live on mainnet in Feb 2024. On Oct 2, 2026, the project announced it's winding down. What you need to know: - Withdraw your assets to Ethereum mainnet by Oct 26 via the Blast interface - Withdrawals will pause for about a week, then the withdrawal delay drops to 24h - After Oct 26, assets remain withdrawable, but only by interacting directly with the bridge contracts on L1 - TVL is down 98%+ from its peak, and the BLAST token has lost about 98% since launch Lesson: an L2 without real users is just a big TVL number. ⚠️ If you still have assets on Blast, withdraw early, and only follow instructions from Blast's official X account. Shutdowns like this are prime time for scams.
Blast will be shutting down. We launched Blast with the goal of building a self-sustaining chain for users and developers. Unfortunately, the economics of operating the chain no longer make sense: the ongoing costs of maintaining Blast exceed the revenue generated by the L2, and we do not see a credible path to making the chain economically sustainable. As a result, we've made the difficult decision to wind Blast down. We're sorry to the users and developers who believed in Blast, built on it, and supported the ecosystem. Our priority now is making the shutdown as smooth and safe as possible. We're asking all users to withdraw their assets from Blast to Ethereum mainnet, including any balances held in the Blast PWA. To make this easier, we will be reducing the withdrawal delay to 24 hours. As part of the shutdown process, we'll first begin withdrawing Blast's Lido assets. This process is expected to take approximately one week. During this period, withdrawals will temporarily be unavailable, even after the withdrawal delay is reduced to 24 hours. Once that process is complete, withdrawals will resume with the new 24-hour delay. Users will have until October 26, 2026 to withdraw through the normal Blast interface. After October 26, assets will remain withdrawable, but users will need to interact directly with the Blast bridge contracts on Ethereum L1. We'll publish detailed instructions before then. We strongly encourage everyone to withdraw their assets to Ethereum mainnet before October 26.
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🇪🇺 ONLY 3 OF THE WORLD'S 50 LARGEST STABLECOINS ARE ALLOWED TO TAKE THE "MAIN ROAD" IN EUROPE Circle is urging the EU to scrap the rule requiring stablecoin issuers to hold 30-60% of reserves in bank deposits under MiCA, and replace it with a more flexible liquidity rule, a proposal also backed by the ECB and EU national central banks.
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🚀GOOGLE LAUNCHED ITS AI CHIPS INTO SPACE. AND THIS ISN'T SCI-FI Yesterday (Oct 1), SpaceX sent 4 Google TPU chips into orbit to test whether they can survive launch vibrations, radiation, and extreme temperatures, paving the way for AI data centers powered by near-constant sunlight, though the real results won't come until 2027.
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🚨 A BANK CHAIRMAN WAS TRICKED INTO WIRING €95 MILLION BECAUSE OF ONE PHONE CALL THAT SOUNDED EXACTLY LIKE SOMEONE HE KNEW Scammers used a fake WhatsApp message posing as the CEO and an AI-cloned voice of a familiar lawyer to get Fideuram's chairman (Italy) to send €95 million abroad, and around €36-39 million is still unrecovered.
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🔐 ETHEREUM FOUNDATION LET YOU PAY FOR AI WITHOUT EXPOSING YOUR WALLET The Ethereum Foundation and the Open Anonymity Project have launched zkAPI on mainnet (designed by Vitalik), letting you deposit ETH/USDC once and use AI without the provider knowing which wallet paid, though your IP and prompt content may still leave traces since the protocol is still experimental.
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🚨 THE IMF LET EL SALVADOR OFF THE HOOK FOR BREACHING ITS BITCOIN LIMIT AND WIRED $139 MILLION ANYWAY The IMF board accepted that the extra BTC came from private donations rather than public funds, but kept the accumulation cap in place, so this is not a bullish signal for Bitcoin.
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🚨 HISTORIC CRYPTOPUNK SALE CryptoPunk #8348 - the only 7-trait Punk in existence - has sold for 3,000,000 USDC + an undisclosed amount on GONDI, marking the platform’s largest sale ever. Previously backed by a 2.8M USDC loan, the Punk was sold via Sell & Repay, automatically settling the loan in the transaction. A true NFT icon changes hands.
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🚨 NEAR INTENTS HACKED FOR $3.8M+, AND THE FUNDS WERE BRIDGED TO BITCOIN WITHIN HOURS What happened? - The bug sat in how the Omni deposit/withdrawal infrastructure interacts with NEAR Intents' smart contracts - The attacker made irregular withdrawals from the BNB Chain hot wallet - ZachXBT flagged it: funds were sent to KuCoin, then bridged to BTC The team's response: - Vulnerability patched - Full reimbursement pledged for all lost funds - Deposits/withdrawals on BSC, Polygon, TON and others paused for ~12 hours while security partners and law enforcement help trace the funds Market impact: NEAR token dropped about 7.5% as soon as the news was confirmed. Worth noting: the NEAR blockchain itself was not compromised. The issue was in the cross-chain infrastructure layer. Another reminder that the links between chains remain the most vulnerable point.
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🇪🇺 BINANCE IS UNDER THE MICROSCOPE IN EUROPE According to the Financial Times, ESMA and regulators in France, Germany and Greece are reviewing whether Binance, which lacks a MiCA license, can rely on the "reverse solicitation" exemption to keep serving EU customers, and it could face enforcement if its interpretation is rejected.
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🏦 LLOYDS USED STABLECOINS TO SETTLE WITH VISA, AND THE MONEY ARRIVED IN UNDER AN HOUR, EVEN OVER THE WEEKEND Lloyds settled $750,000 in payment obligations with Visa using USDC in a 7-day pilot, showing stablecoins moving from the crypto market into traditional banks' payment infrastructure.
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🚨 ZCASH SPENT OVER $8 MILLION TO REWARD THE PEOPLE WHO SAVED THE ENTIRE NETWORK After AI uncovered an Orchard flaw that could have been used to print counterfeit ZEC, the community patched it, shipped the Ironwood upgrade, then voted to pay out the people behind the fix from the shared treasury, with no company or foundation making the call
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