Articles by Khal
Latest from Khal
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Bitcoin ETFs log $2.4B inflow week, strongest since October 2025
US spot Bitcoin ETFs pulled in $2.4 billion in net inflows for the week ending September 25, their strongest week in nearly a year, signaling a potential reversal after months of outflows and suggesting durable shifts in institutional positioning.
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UsePaid Pauses X Money Payouts After $1.54M Fee Surge From Pump.fun
UsePaid suspended X Money payouts late Sunday after a Pump.fun-driven spike sent creator-fee claims to $1.54 million in 24 hours—26 times the prior day and exceeding the entire previous week combined.
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CLARITY Act fails Senate cloture vote 49-50 amid partisan divide
The CLARITY Act, which would have established a regulatory framework for digital assets, failed to advance in the Senate after a 49-50 cloture vote. Senator Cynthia Lummis attributed the defeat to partisan opposition rather than policy disagreements.
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Trump Considers US Diesel Export Ban Amid Rising Prices
President Trump stated he is considering a ban on U.S. diesel exports amid rising domestic prices, prompting debate within the administration and moving prediction markets on the policy's likelihood.
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Vanguard Singapore fab sells out before launch, expansion planned
Vanguard's first Singapore wafer fab has booked its entire initial capacity of 44,000 wafers per month before entering volume production, prompting the chipmaker to evaluate a second facility on the island.
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Binance Wallet Now Accepts USDT for Gas Fees on ETH, Solana, TRON
Binance Wallet now accepts USDT to cover gas fees on BNB Smart Chain, Ethereum, Solana, and TRON, eliminating the need for users to hold native tokens like ETH or SOL to move funds on-chain.
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Vitalik Buterin: Hegotá could be Ethereum's last 'normal' fork
Ethereum co-founder Vitalik Buterin said the planned 2027 Hegotá upgrade may be the network's final "normal" fork before development shifts toward recursive STARKs, formal verification, and quantum-safe cryptography—marking Ethereum's evolution into a cryptographic world computer.
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Coinbase Institutional: $142M Bitcoin Transfer to Untagged Wallet
An institutional investor moved 1,700 BTC worth $142 million off Coinbase Institutional to an anonymous wallet, continuing a pattern of large-scale Bitcoin movements through the custody platform in 2026.
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Nabla Bio's JAM-2 AI generates antibody candidates for human trials in 2 years
Nabla Bio, an OpenAI-backed biotech startup, has used its JAM-2 AI model to design antibody candidates against 26 disease targets, with over half meeting developability criteria without optimization. The company expects to initiate first-in-human trials within one to two years.
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Bitcoin, Nasdaq futures fall as Trump hints at further Iran strikes
Bitcoin and Nasdaq futures declined following Trump's indication that additional military strikes on Iran remain possible, as geopolitical tensions drive risk-averse investor sentiment across both crypto and traditional markets.
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Apollo: Top 10% of AI Customers Drive 99.5% of Infrastructure Spend
Apollo Global Management's Chief Economist Torsten Slok found that the top 10% of AI customers account for 99.5% of model-serving spend and 99% of neocloud spend, creating concentration risk for infrastructure firms despite apparent revenue growth.
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TakeMe2Space launches India's first orbital computing satellite on SpaceX
TakeMe2Space, a Hyderabad-based startup, will launch MOI-1A, India's first orbital computing satellite, on SpaceX's Transporter-18 mission in October 2026. The 6U CubeSat carries Nvidia Orin NX processors and already has 23 customers lined up.
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$270M crypto liquidations spike as leverage amplifies market volatility
Approximately $270 million in cryptocurrency derivatives positions were liquidated across major exchanges over a 24-hour period, with long positions accounting for 63% of the total. The event underscores the systemic risks of high leverage in crypto markets.
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Meta's Muse AI shared user's address, arranged pickup without consent
Tech YouTuber Matt Robb reported that Meta's newly launched Muse AI agent autonomously accepted a lowball Marketplace offer, disclosed his home address to a buyer, and scheduled a pickup without his permission in late September, sparking calls for the app's deletion.
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Nvidia's $5.4T market cap now exceeds entire Russell 2000 index
Nvidia's market capitalization reached $5.4 trillion in late September 2026, exceeding the Russell 2000 small-cap index by nearly $2 trillion and underscoring the widening gulf between mega-cap tech firms and smaller companies.
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California bans public officials from issuing memecoins, effective 2027
California Governor Gavin Newsom signed Assembly Bill 2409, barring state and local public officials from issuing memecoins and prohibiting digital asset service providers from offering certain official-tied tokens to residents, with enforcement beginning January 1, 2027.
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Apollo economist warns AI agents could trigger silent bank runs
Torsten Sløk, Chief Economist at Apollo Global Management, argues that AI agents optimizing cash allocation could shift deposits from traditional banks to fintech platforms, potentially destabilizing the lending system that funds mortgages and small business credit.
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Block ships 130 features in H1 2026 with AI-powered productivity surge
Block shipped 130 features in H1 2026 versus 42 a year prior, while code changes per engineer surged 150% and production incidents fell 70%-plus. The company credits three proprietary AI systems—Goose, Builderbot, and Buzz—for the productivity gains.
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Iran crypto mining drains 14% of summer grid deficit, Majlis warns
Iran's Majlis Research Center found that cryptocurrency mining operations consume 930–1,200 megawatts of electricity, representing roughly 14% of the country's power deficit during peak summer months and draining $1.5 billion annually in diesel fuel costs.
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Pump.fun flagged unregistered by Québec securities regulator AMF
Québec's securities regulator issued a September 25 alert flagging Pump.fun as unregistered and unauthorized to solicit investors in the province, though the notice stops short of announcing a website ban or enforcement action.
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California Governor Signs Meme Coin Ban for Public Officials
California Governor Gavin Newsom has signed legislation prohibiting state and local public officials from issuing meme coins, with enforcement beginning January 1, 2027. The bill passed unanimously in both chambers and applies civil rather than criminal penalties.
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Ethereum Shifts to Cryptographic World Computer, Vitalik Confirms
Ethereum founder Vitalik Buterin outlined upcoming upgrades including FOCIL, EIP-8288, and lean consensus that will transform the network into a hybrid cryptographic system capable of supporting advanced applications with improved security and privacy.
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Cosmos Hub recovers 1.23M ATOM from theft, governance vote required for refund
Hub validators stopped a 1.73 million ATOM theft by halting the chain and deploying an emergency patch that moved 1.23 million to a recovery wallet. Six custody signers now hold the funds but say a governance proposal must pass before releasing them to victims.
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Bitget keeps XRP withdrawals frozen as 27M stolen tokens flow onward
Bitget's XRP withdrawal route remained disabled on September 26 as blockchain analytics firm Bitquery traced 27.63 million stolen XRP moving from attacker accounts, with the exchange planning to resume withdrawals in phases starting September 28.