🇸🇬 LONGITUDE: Tokenization might redefine how banks attract and retain customers.

“It pushes the industry to compete. It drives services to become modular,” says Ka Yan Chan from UBS, the $2T financial powerhouse.

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🇺🇸 JUST IN: The U.S. government has moved another 12,267 BTC — valued at $1.01 billion — according to Lookonchain.

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🇺🇸 JUST IN: President Trump says the White House views anyone using “Artificial Intelligence” instead of “Super Intelligence” as “THE ENEMY.”

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🇮🇷 TODAY: President Trump states the U.S. will not strike Iran before the November 3 midterm elections, as the blockade stays active and negotiations continue.

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🔥 BULLISH: The next surge of institutional capital might be poised on the sidelines, ready to move.

Speaking at LONGITUDE Singapore, Grayscale’s Laurie Katz pointed to banks, family offices, and pension funds beginning to explore crypto — a sign of broader adoption on the horizon.

“They're watching. They're learning.”

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🇺🇸 JUST IN: The U.S. budget deficit hit an estimated $2 trillion in fiscal 2026—up $218 billion from 2025—according to the CBO.

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🚨 BIG: The Nasdaq 100 dropped more than 1.5% amid rising oil prices and OpenAI’s revenue reportedly falling $20 billion below earlier projections.

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JUST IN: US Treasury takes aim at Iran’s oil shadow fleet as Scott Bessent warns those evading sanctions will face full enforcement action.

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🔥 NOW: Elon Musk says he envisions SpaceX reaching a value "orders of magnitude greater than the entire current Earth economy."

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🇹🇭 BREAKING: Thailand’s SEC has officially finalized regulations for Bitcoin and Ether ETFs on the Stock Exchange of Thailand, with trading set to begin October 16.

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🇸🇬 TODAY: CONNECT Singapore is live.

$170,000 in prizes await at our pitch competition, powered by FundersVC.

Meet the judges:

• Aleksandr Nechaev, Funders VC
• Bobur Muvdinov, Inspira Labs
• Xin Yi Lim, DWF Labs
• Arthur Firstov, Mercuryo
• Yitzy Hammer, DLT Law
• Roman Evdokimov, Contribution Capital
• Lachlan Breakey, Kosmos Ventures

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🔥 ETF FLOWS: BTC, ETH, and SOL spot ETFs recorded net outflows on October 8th, while XRP saw net inflows.

BTC: -$244.00M
ETH: -$72.54M
SOL: -$3.32M
XRP: +$8.17M

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🚨 ALERT: Ledger is investigating reports of fund losses linked to CryptoBilis, a reseller based in Southeast Asia.

Users who purchased devices from CryptoBilis within the last 90 days are urged not to set them up, as a precautionary measure while the investigation is ongoing.

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⚡️ BREAKING: Telegram is launching Money, a non-custodial Gram wallet, to its global user base of over one billion. Store and send tokens, purchase gifts, and grab collectible usernames—all directly within the app.

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🚨 ALERT: A Bitcoin holder reportedly lost their entire 80 BTC—originally purchased for $5.2 million—after transferring the funds to a Ledger wallet bought from reseller CryptoBillis, according to Lookonchain.

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🇺🇸🇷🇺 JUST IN: President Trump announces that Russia will promptly deliver over 300,000 tons of diesel to the U.S. and global markets after discussions with Putin, with additional shipments expected soon.

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Breaking: Ripple-backed XRP treasury Evernorth has just closed its SPAC merger, bringing 473 million XRP and $300 million in cash to Nasdaq, with XRPN expected to start trading on Monday.

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🚨 THROWBACK: Exactly one year ago, the crypto market faced its biggest liquidation event to date.

Over $16.69B in long positions and $2.46B in short positions were wiped out in a single day.

Many are still trying to recover from the fallout.

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🔥🇪🇺 LATEST: EU tech chief Henna Virkkunen states Europe is "well equipped" to manage rogue AI agents, following recent incidents at OpenAI and Anthropic.

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🇨🇳 BIG: China's Communist Party and State Council have unveiled a directive to roll out a national blockchain network, establishing it as a foundational element of the nation’s newest economic initiative.

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