48m ago
Asia stocks climb after softer U.S. jobs report cools October Fed hike odds below 25%
Asia-Pacific equities advanced after a softer U.S. jobs report, with the unemployment rate rising to 4.2% and money markets pricing less than a 25% chance of a Fed rate hike in October. MSCI’s Asia Pacific index gained 0.4%, while Japan’s Nikkei 225 rose 2.03% and the broader Topix added 1.11%. The Federal Reserve is scheduled to publish minutes from its September meeting on October 7, which may shed light on how policymakers view inflation trends.
48m ago
1h ago
HDFC Bank names Anup Bagchi as MD and CEO after RBI approval; Infosys ADR jumps nearly 8% on October 1
Indian equities extended their losing streak as rising global bond yields and elevated crude oil prices weighed on sentiment and stoked concerns over the FY27 economic outlook. The Nifty 50 fell 198.50 points and the BSE Sensex dropped 570.59 points. HDFC Bank received regulatory approval to appoint a new managing director and CEO. Infosys’ ADR rose nearly 8% in premarket trading after peer Accenture reported better-than-expected results and issued a stronger FY27 revenue outlook.
1h ago
2h ago
Arbitrum halts new Stylus contract activations on Arbitrum One and Nova in Oct. 2 security move
Arbitrum’s Security Council took emergency action on Oct. 2 to pause new Stylus contract activations on Arbitrum One and Arbitrum Nova, citing security concerns about handcrafted WebAssembly programs that could threaten chain liveness. Stylus, launched in September 2024, allows developers to build Ethereum-compatible smart contracts using languages such as Rust. Activations normally last 365 days, while keepalive renewals remain permissionless. The move is the latest in a recent string of security-related incidents involving Arbitrum.
ARB
ARB+0.54%
2h ago
2h ago
El Salvador keeps $666.1 million Bitcoin reserve after IMF approves $138 million disbursement
The IMF completed the second and third reviews of El Salvador’s $1.4 billion loan program on Oct. 1, clearing an immediate disbursement of about $138 million. El Salvador holds about 7,794 Bitcoin worth roughly $666.1 million. Under the IMF program, the government has recommitted to limits on further state Bitcoin accumulation, narrowing its ability to expand reserves using the public balance sheet.
BTC
BTC+2.16%
2h ago
7h ago
Sharplink stakes $200m in ETH via Lido and custodies wstETH with Anchorage
Sharplink has staked $200m worth of ether (ETH) through liquid staking protocol Lido and placed the resulting wrapped staked token, wstETH, in custody at digital asset platform Anchorage, The Fintech Times reported. The report did not disclose when the transaction took place or provide detailed execution specifics. The move reflects institutional participation in Ethereum’s staking ecosystem. The event did not trigger a notable market price reaction and was described as a routine institutional allocation.
ETH
ETH+1.22%
7h ago
8h ago
Spot Bitcoin ETFs log roughly $2.4 billion weekly inflows as 2024 net flows turn positive
Spot Bitcoin ETFs posted their strongest week in nearly a year, bringing in roughly $2.4 billion in net inflows and pushing year-to-date net flows back into positive territory. The daily picture was volatile: net inflows of $31.07 million on September 28 and $66.19 million on September 30 flipped to a $148.69 million outflow on Wednesday before rebounding to a $102.67 million inflow on Thursday. A prior session also saw a single-day outflow of $462.73 million. Spot Ethereum ETFs showed a similarly split pattern over the same period, leaving the week “mixed.”
BTC
BTC+2.16%
8h ago