Solid Intel πŸ›°
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Solid Finance & Crypto Intel news channel to keep you updated regarding all important market updates

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INTEL: House Democrats plan broader crypto market structure bill with expanded SEC oversight and restrictions on Trump’s crypto activities

The plan would likely add ethics provisions to restrict the crypto activities of Trump and other federal officials, while Republicans call it a "messaging bill"


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INTEL: Trump admits Iran war drove up gas prices but says he has no regrets

"If I had to do it again, I'd have to do it again because long-term, it's the only answer. You can't let Iran have a nuclear weapon"


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INTEL: Oracle $ORCL cancels $7 billion AI chip lease deal with Tencent | Per FT

The FT says US officials raised concerns with Oracle, while Guangdong officials urged Tencent to back domestic Chinese chips. Oracle shares were down 2.3% premarket


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INTEL: Canva is laying off 22% of its workforce. CEO says they can keep their MacBooks, get 6 months’ salary and even $10,000 business grand.

The cuts affect 1,271 people. The severance package also includes up to 12 months of healthcare, accelerated equity vesting, career coaching and a year of LinkedIn Premium


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INTEL: Privacy Cash pauses deposits to block stolen Binance funds from entering its protocol

Withdrawals are not affected during the pause, and the protocol says it will keep strengthening its wallet address screening. A date for resuming deposits will be announced later


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INTEL: WordPress Core flaw exploited by hackers in the wild, CISA confirms

The bug allows unauthenticated code execution during core upgrades. Wordfence blocked about 12,600 attacks in 24 hours and the federal patch deadline is 6 Nov


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INTEL: Trump Media moves 4,259 Bitcoin worth $343.67 million to Crypto.com

The transfer landed in a Crypto.com deposit address, which often signals a sale


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INTEL: Bitcoin miner MARA $MARA moves 1,650 BTC worth $133 million to Galaxy Digital and Copper

It is the miner's second round of transfers to trading platforms, which Lookonchain tracks as selling. All 1,650 BTC moved in the past 12 hours


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INTEL: Yemen's Houthis demand $51 billion and recognition as Yemen's rulers from Saudi Arabia to end hostilities | Per WSJ

Riyadh fears accepting would invite more attacks and financial demands, while Mohammed bin Salman is reluctant to negotiate without military gains


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INTEL: South Korea's KOSDAQ hits circuit breaker after stocks plunge over 5%

Semiconductor stocks plunged amid data center regulation concerns in a selloff Korean media call 'Black Thursday' and the 'Blue Wave Shock'


Updates
β€’ Foreign investors net sold SK Hynix and Samsung for over 2.7 trillion won in one session

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INTEL: US Treasury sanctions 10 individuals and one entity linked to North Korean IT worker networks | Per OFAC

SlowMist traced on-chain links between the sanctioned names, including one Ethereum address listed under two people and about $9.88M sent to it by Boykov


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INTEL: Apple $AAPL to start scanning public iCloud links for harmful content

Sharing with "Anyone with the Link" turns off end-to-end encryption, even with Advanced Data Protection on. The scan covers shared photos and files


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INTEL: Anthropic signs $28 billion data center lease with Riot Platforms $RIOT

Riot sold 20,264 BTC for about $1.5 billion between January and September to fund its pivot to AI data centers


Updates
β€’ Hut 8 also offloads bitcoin reserves to fund business operations
β€’ Riot sold 20,264 BTC in first three quarters, holding 2,418

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INTEL: Binance and Deribit cut off SignalPlus API keys after a reported security issue

Binance says its own systems are unaffected and user funds remain safe. It urges SignalPlus users to check positions and open orders directly and enable IP whitelisting


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INTEL: Bank of England raises interest rates by 25bps to 4% | Per Bank of England

Zero MPC members voted to keep rates unchanged, versus two expected


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INTEL: Keel Infrastructure $KEEL(formerly Bitfarms) sells nearly its entire bitcoin treasury and plans to dump all newly mined BTC daily

The miner sold 2,520 BTC for $192 million in Q3 as it pivots to AI data center infrastructure


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INTEL: Samsung Wallet launches USDC stablecoin accounts on Solana for eligible US Galaxy users

The feature covers about 82 million compatible Galaxy devices in the US


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INTEL: Nasdaq drops 3.2% as chip stocks lead the selloff

Nvidia $NVDA falls 5.6% to its lowest level since April, and about $400 billion in US stock value was wiped out at the opening bell


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INTEL: Nasdaq 100 drops 4.81% in a widening tech selloff

Crypto stocks are getting hit hard: Strategy $MSTR is down 10%, Coinbase $COIN 9% and BlackRock's Bitcoin ETF IBIT 5.5%


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INTEL: US and Israel have plans ready for renewed strikes on Iran, with thousands of troops on standby

The plan reportedly calls for a short, intense campaign targeting Iran's nuclear sites


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INTEL: S&P 500 drops 3.8% as Wall Street starts watching circuit breaker levels

A 20% drop would suspend trading for the rest of the day


Updates
β€’ Nasdaq lost $2.5T in market cap; biggest volatility jump since 2018
β€’ 10-year Treasury yield fell 7 basis points

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