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  • Stablecoins may not drain banks of dollars but they can still make lending more expensive
    by Andjela Radmilac on October 4, 2026 at 7:30 am

    Here’s a hypothetical scenario: you want to use $100 out of your bank account to buy newly issued stablecoins. The company issuing the stablecoins takes your dollars, puts them in its own bank account, and gives you a balance you can send around on a blockchain. You got the product you wanted, and somewhere in The post Stablecoins may not drain banks of dollars but they can still make lending more expensive appeared first on CryptoSlate.

  • Bankers sue to overturn OCC trust-bank rule used by crypto firms
    by Gino Matos on October 3, 2026 at 8:00 pm

    The Independent Community Bankers of America sued the OCC in federal court in Washington on Oct. 2, two weeks after the agency approved Agora National Trust Bank, Catena Trust Bank and Bastion Platforms. American Banker reported that the complaint asked the court to vacate the OCC’s national trust bank rule and Interpretive Letter 1176. It The post Bankers sue to overturn OCC trust-bank rule used by crypto firms appeared first on CryptoSlate.

  • Hedge funds built a $1.2 trillion Treasury trade on money they have to keep borrowing
    by Andjela Radmilac on October 3, 2026 at 6:40 pm

    Companies can own a mountain of US government debt without betting that bond prices will rise. Hedge funds buy Treasury securities and sell futures against them to collect a small pricing gap, borrowing most of the purchase money to make the return worthwhile. The government gets another buyer, whose interest lasts as long as the The post Hedge funds built a $1.2 trillion Treasury trade on money they have to keep borrowing appeared first on […]

  • ESMA proposes ending EU custody and transfer services for non-compliant stablecoins
    by Liam ‘Akiba’ Wright on October 3, 2026 at 4:00 pm

    Non-compliant tokens could lose licensed custody and transfer access if the proposal becomes law, with exit rules still unresolved. The post ESMA proposes ending EU custody and transfer services for non-compliant stablecoins appeared first on CryptoSlate.

  • Six US banks have failed in 2026 but the numbers look nothing like 2023
    by Andjela Radmilac on October 3, 2026 at 1:20 pm

    Six US banks have failed in 2026 so far, which is one more than in 2023 and enough to make another banking-crisis headline practically write itself. But before we start reliving Silicon Valley Bank, it’s worth looking at what those six banks actually held: about $1.43 billion in combined assets, compared with roughly $552.54 billion The post Six US banks have failed in 2026 but the numbers look nothing like 2023 appeared first on CryptoSlate.

  • Leveraged funds’ Bitcoin futures shorts fall by 5,300 BTC-equivalent as longs shrink
    by Liam ‘Akiba’ Wright on October 3, 2026 at 11:30 am

    The September 29 snapshot shows leveraged funds’ reported shorts fell about 5,300 BTC-equivalent across four products, while longs and open interest also declined. The post Leveraged funds’ Bitcoin futures shorts fall by 5,300 BTC-equivalent as longs shrink appeared first on CryptoSlate.

  • Arbitrum pauses new Stylus activations over AI-assisted attack risks
    by Liam ‘Akiba’ Wright on October 3, 2026 at 9:50 am

    Existing programs keep running, while a separate proof-conflict guard can delay unconfirmed withdrawals to Ethereum. The post Arbitrum pauses new Stylus activations over AI-assisted attack risks appeared first on CryptoSlate.

  • Plunging GPU prices threaten AI hosts, and new hedges step in
    by Andjela Radmilac on October 3, 2026 at 7:30 am

    Companies building AI applications can rent powerful computers instead of buying the equipment themselves, paying for access to the graphics processing units, or GPUs, that run their software. Lower rental prices make those applications cheaper to operate, but they can also make life harder for the company that bought the machines and needs the rent The post Plunging GPU prices threaten AI hosts, and new hedges step in appeared first on […]

  • US judge kills Milei’s LIBRA memecoin lawsuit, leaving investors stranded
    by Liam ‘Akiba’ Wright on October 3, 2026 at 3:40 am

    A September 29 ruling closes the LIBRA/M3M3 district-court case after continuity, pleading and jurisdiction failures. The post US judge kills Milei’s LIBRA memecoin lawsuit, leaving investors stranded appeared first on CryptoSlate.

  • New SEC crypto rules threaten small advisers, but big firms win
    by Liam ‘Akiba’ Wright on October 3, 2026 at 1:30 am

    The SEC’s modeled $433,833 annual adviser cost subtotal excludes significant technology spending, raising questions about who can offer the fallback. The post New SEC crypto rules threaten small advisers, but big firms win appeared first on CryptoSlate.

  • Victorian Doctors Seek Answers From OpenAI And Governments Over Medicare Breach
    by Tyler Durden on October 4, 2026 at 3:20 am

    Victorian Doctors Seek Answers From OpenAI And Governments Over Medicare Breach Authored by Rex Widerstrom via The Epoch Times, The Australian Medical Association (AMA) Victorian branch has called on OpenAI and the Victorian and federal governments to explain how they will protect patient health data following a security incident in which an OpenAI agent gained unauthorized access to a Medicare statistics portal. The ChatGPT app […]

  • 11 Million US Workers May Need To Switch Careers By 2035
    by Tyler Durden on October 4, 2026 at 2:45 am

    11 Million US Workers May Need To Switch Careers By 2035 This month has made it very clear how AI doom narratives are promoted in an information operation through public relations firms, billionaires, and endless streams of climate-like doom corporate media headlines. These efforts aim to shape public opinion about AI and push for tighter regulation, giving those at the top of frontier labs moats.  The headlines have ranged from […]

  • Chinese Hackers Impersonate Former White House Official In Attempt To Steal US AI Policy Secrets
    by Tyler Durden on October 4, 2026 at 2:10 am

    Chinese Hackers Impersonate Former White House Official In Attempt To Steal US AI Policy Secrets Authored by AG News Staff via American Greatness, Chinese-linked hackers have allegedly been impersonating American artificial intelligence experts, including a former White House official, in a targeted cyberespionage campaign aimed at obtaining sensitive information about U.S. AI policymaking. Cybersecurity firm Proofpoint revealed […]

  • 25 States Ask Supreme Court To End Maine’s 72-Hour Gun-Purchase Wait
    by Tyler Durden on October 4, 2026 at 1:35 am

    25 States Ask Supreme Court To End Maine’s 72-Hour Gun-Purchase Wait A Montana-led coalition of 24 state attorneys general and the Arizona Legislature is urging the Supreme Court to hear a challenge to Maine’s three-day waiting period for gun purchases. Under Maine’s law, a seller can’t hand over a firearm until 72 hours after the buyer and seller agree to the sale. The wait runs even if the buyer’s background check clears right […]

  • Minnesota Might Hand Republicans A Senate Upset Nobody Predicted
    by Tyler Durden on October 4, 2026 at 1:35 am

    Minnesota Might Hand Republicans A Senate Upset Nobody Predicted Democrats entered this year’s midterms aiming to flip Senate seats in Maine, North Carolina, Alaska, and Ohio, and hold Georgia and Michigan. With the national mood really riding against the GOP, they see opportunities in Texas and Iowa as well. But things appear to be changing. That Democrats plan to flip the Senate assumed they wouldn’t lose any seats they […]

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  • US To Allow Online Applications For 1st-Time Passports: Rubio
    by Tyler Durden on October 4, 2026 at 1:00 am

    US To Allow Online Applications For 1st-Time Passports: Rubio Authored by Naveen Athrappully via The Epoch Times, Beginning next year, U.S. citizens can apply for their first passport fully online, according to Secretary of State Marco Rubio. A woman applies for a U.S. passport online. Shutterstock”By the end of 2027, our goal is for the vast majority of Americans to be able to apply for a passport or a passport card on […]

  • Army Deploys To Rio Grande Valley After Cartel Gunmen Open Fire On Coast Guard Crew
    by Tyler Durden on October 4, 2026 at 12:25 am

    Army Deploys To Rio Grande Valley After Cartel Gunmen Open Fire On Coast Guard Crew Roughly 500 troops are being dropped onto islands in the Rio Grande by Chinook helicopters, days after suspected cartel gunmen opened fire on a US Coast Guard crew from the Mexican side of the river. The deployment figure comes from sources who confirmed it to NewsNation, which also obtained video of the Chinook drops. Officials have not put a […]

  • Stockpiling Begins: Neros Awarded $100 Million Pentagon Contract For Kamikaze Drones
    by Tyler Durden on October 3, 2026 at 11:15 pm

    Stockpiling Begins: Neros Awarded $100 Million Pentagon Contract For Kamikaze Drones US defense company Neros Technologies, which focuses on Category 1 one-way attack drones, was awarded a $100 million contract under the Department of War’s Drone Dominance Program for 14,000 drones and explosive payloads. The award, under the Drone Dominance Program’s Gauntlet II, prioritizes Archer AI, the Category 1 FPV attack drone. Its […]

  • The Fed Created Zohran Mamdani
    by Tyler Durden on October 3, 2026 at 10:40 pm

    The Fed Created Zohran Mamdani Submitted by QTR’s Fringe Finance Usually, at least once a day, I come across something on the internet that almost causes me to lose my lunch. Yesterday, it was a photo of Zohran Mamdani and Curtis Sliwa holding hands and getting flu shots together. As someone who observed the mayoral race in New York City closely, I found the spectacle disgusting on multiple levels. Not because political opponents […]

  • Siberian Plague-Lab Death Draws FSB Escort For Ambulances
    by Tyler Durden on October 3, 2026 at 10:05 pm

    Siberian Plague-Lab Death Draws FSB Escort For Ambulances A possible plague case in Siberia has triggered a major containment effort after the death of a 28-year-old employee of an anti-plague laboratory. A hospital wing is under quarantine, nearly 200 people are reportedly under observation, and Russia’s chief sanitary official has flown in. Local outlets say FSB units have been escorting ambulances carrying the woman’s contacts […]

  • Quantum Isn’t Coming For Your Bitcoin
    by Tyler Durden on October 3, 2026 at 9:30 pm

    Quantum Isn’t Coming For Your Bitcoin Authored by Brandon Black via Bitcoin Magazine, For as long as Bitcoin has existed, new forms of FUD (fear, uncertainty, and doubt) have been used to predict its demise. Despite this, Bitcoin has grown into a multi-trillion dollar asset and begun to take its place in the global monetary order. In recent months, the specter of a cryptographically relevant quantum computer (CRQC) enabling an […]

  • Mushroom Cloud Over Alabama: Trump Just Pulled A Condoleezza Rice
    by Tyler Durden on October 3, 2026 at 8:55 pm

    Mushroom Cloud Over Alabama: Trump Just Pulled A Condoleezza Rice President Trump just pulled a Condoleezza Rice.  George W. Bush’s Secretary of State had (in)famously stated “we don’t want the smoking gun to be a mushroom cloud” in September 2002 while trying to fearmonger the public into getting on board with the Iraq invasion. On Friday night, Trump rallied supporters in Mobile, Alabama amid a tour through deep-red states to […]

  • Egypt Arrests, Disappears Entire Newsroom Over ‘Fake News’ Allegations
    by Tyler Durden on October 3, 2026 at 8:20 pm

    Egypt Arrests, Disappears Entire Newsroom Over ‘Fake News’ Allegations Via Middle East Eye Egyptian authorities have detained the entire newsroom of one of the country’s only independent media outlets in a move that rights groups have denounced as a “first” and an “alarming escalation” on free speech. On September 28 and 29, security forces raided the homes of the six journalists – Mohamed Ashraf Abu Emeira, Abdallah Qadry, […]

  • California Man Accused Of Routing More Than $300 Million In Restricted Servers To China
    by Tyler Durden on October 3, 2026 at 7:10 pm

    California Man Accused Of Routing More Than $300 Million In Restricted Servers To China Authored by Arthur Zhang via The Epoch Times, A California man has been arrested on federal charges accusing him of helping route more than $300 million in export-controlled computer servers to China through Malaysia and Singapore. Greg Lui, 38, who also uses the name “Yiu Kong Lui,” is arrested by federal agents in Los Angeles County on […]

  • Search Intensifies Off Nantucket After Gulfstream Jet Vanishes From Radar
    by Tyler Durden on October 3, 2026 at 6:35 pm

    Search Intensifies Off Nantucket After Gulfstream Jet Vanishes From Radar A massive search is underway off Nantucket on Saturday morning after a Gulfstream G100 carrying six people disappeared from radar while flying from Bermuda to Boston. The G100 was operated by Latitude Air Ambulance, which provides medical evacuation and repatriation services. BREAKING: Gulfstream G100 with 6 persons on board has reportedly crashed into the […]

  • David Ellison Debuts New Name For Merged Paramount, Warner Bros. Studios
    by Tyler Durden on October 3, 2026 at 6:00 pm

    David Ellison Debuts New Name For Merged Paramount, Warner Bros. Studios Authored by Jill McLaughlin via The Epoch Times, Paramount and Warner Bros. studios will be combined under one company named Skydance, company CEO David Ellison announced Oct. 2 on his newly opened X account. David Ellison, CEO of Paramount Skydance, speaks during the Paramount Pictures presentation at CinemaCon at Caesars Palace in Las Vegas on April 16, […]

  • Far-Left Riots “Tearing France Apart” Is Political Gift For Le Pen As Election Odds Soar
    by Tyler Durden on October 3, 2026 at 5:25 pm

    Far-Left Riots “Tearing France Apart” Is Political Gift For Le Pen As Election Odds Soar Riots that French officials blame on far-left groups have morphed into a political crisis, leaving hundreds injured and more than 100 high schools severely damaged. The social unrest appears to be a gift to right-wing presidential contender Marine Le Pen, whose Polymarket odds of winning next year’s election have surged in recent days. At […]

  • Trump Announces One-Time $90 Payments To 20 Million Seniors In Medicare
    by Tyler Durden on October 3, 2026 at 4:50 pm

    Trump Announces One-Time $90 Payments To 20 Million Seniors In Medicare Authored by Aldgra Fredly via The Epoch Times, President Donald Trump announced on Oct. 2 that his administration would issue one-time $90 payments to more than 20 million seniors enrolled in Medicare. A file photo shows a federal Medicare office. Spencer Platt/Getty ImagesTrump said the payments were meant to help seniors cover Medicare premiums and would […]

  • US Again Rebuffs Riyadh’s Yemen Plea As 100,000-Man Force Readies For War
    by Tyler Durden on October 3, 2026 at 4:15 pm

    US Again Rebuffs Riyadh’s Yemen Plea As 100,000-Man Force Readies For War Several reports have indicated that Saudi Arabia and Yemeni government forces are preparing for a major offensive against Houthi rebels in the coming weeks, which will mobilize a huge force with an aim to take back Yemen’s Red Sea coast and to ultimately secure the Bab el-Mandeb Strait, amid an ongoing threat to global shipping in the Red Sea area. Over […]

  • What Michael Milken Would See In AI Chip Financing
    by Tyler Durden on October 3, 2026 at 3:40 pm

    What Michael Milken Would See In AI Chip Financing Authored by Patrick Feeley via Substack, Very few people in the AI financing debate are reading the deals like a credit trader would. We have had a week of headlines about who is raising what. Amazon is moving $8 billion of chips off its balance sheet. Broadcom is lending $42 billion to its own customer. Nvidia is offering to backstop $125 billion of the debt people use to buy […]

  • He Calls It Socialism; Marx Called It Communism’s Last Stage
    by Tyler Durden on October 3, 2026 at 2:30 pm

    He Calls It Socialism; Marx Called It Communism’s Last Stage Authored by Steve Watson via Modernity.news, On Theo Von’s podcast, Zohran Mamdani defined socialism as the government delivering whatever you need for a dignified life. That is Marx’s rule for communism’s last stage – and New York is already getting the invoice. Von asked him to define socialism. Mamdani said socialism means you will have whatever you need to live a […]

  • “Where Is The Onshoring?” UBS Questions White House Investment Boom As Foreign Money Flows Into Takeovers
    by Tyler Durden on October 3, 2026 at 1:55 pm

    “Where Is The Onshoring?” UBS Questions White House Investment Boom As Foreign Money Flows Into Takeovers President Trump recently said that over $20 trillion in foreign investment has flowed into the US so far in his second term. “We have more money being spent from outside countries and companies. Over $20 trillion. That’s five, six, seven times higher than any country. Not just here, any country ever,” Trump said, adding […]

  • UAE Says Omani Flydubai Co-Pilot Attacked Captain With Axe, Tried To Seize Israel-Found Jet For “Terror Act”
    by Tyler Durden on October 3, 2026 at 1:20 pm

    UAE Says Omani Flydubai Co-Pilot Attacked Captain With Axe, Tried To Seize Israel-Found Jet For “Terror Act” State news agency WAM quoted UAE Attorney General Hamad Saif Al Shamsi as saying the Flydubai Omani co-pilot accused of attacking the captain with a crash axe tried to seize control of the passenger jet bound for Israel and attempted to carry out a “terrorist attack.” Planning, attempted terrorist act behind flydubai flight […]

  • Turkey’s Fix For Its $20 Billion Hedge Fund Meltdown: Kindly Ask The Winners To Give The Money Back
    by Tyler Durden on October 3, 2026 at 12:45 pm

    Turkey’s Fix For Its $20 Billion Hedge Fund Meltdown: Kindly Ask The Winners To Give The Money Back Two weeks after a cluster of Istanbul asset managers stopped honoring redemptions, triggering a market-wide circuit breaker and the liquidation of 131 funds held by some 455,758 Turkish retail investors, Ankara has unveiled its plan to make everyone whole. Or at least, to make everyone a little bit less un-whole. As Bloomberg […]

  • Black Smoke Reported Over Critical Aramco Refinery As Saudis Weigh Major Assault On Houthi Rebels
    by Tyler Durden on October 3, 2026 at 12:10 pm

    Black Smoke Reported Over Critical Aramco Refinery As Saudis Weigh Major Assault On Houthi Rebels Unverified reports and footage circulating on X early Saturday morning appear to show smoke rising from Saudi Aramco’s Riyadh refinery. The cause and any impact on operations remain unclear. Separately, Axios reports that Saudi Arabia is preparing a major offensive against Iran-backed Houthis in the coming days. President Trump’s […]

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The Defiant Defi News. The Defiant curates, digests, and analyzes all the major developments in decentralized finance, so that you can stay informed and smart about the most cutting-edge and fastest-changing corner of crypto and finance.