CRYPTO
CryptoSlate
29 Oct 2026 · 06:15
Bitcoin beats the S&P 500 on most trading days but still loses the month
Bitcoin's relative win rate against the S&P 500 recovered above 50% in recent sessions, up from about one session in five in June, its weakest stretch in roughly six years, according to Glassnode. Coinbase …
Bitcoin's relative win rate against the S&P 500 recovered above 50% in recent sessions, up from about one session in five in June, its weakest stretch in roughly six years, according to Glassnode. Coinbase Institutional's Oct. 23 report found BlackRock's IBIT… Bitcoin's relative win rate against the S&P 500 recovered above 50% in recent sessions, up from about one session in five in June, its weakest stretch in roughly six years, according to Glassnode…
CRYPTO
Crypto Briefing
29 Oct 2026 · 06:15
Open Standard leads stablecoin market cap growth with $794M in OUSD
OUSD launched Sept. 30 with founding partners including Coinbase, Mastercard, Shopify, Stripe and Visa. Open Standard led all stablecoin issuers in 30-day market cap growth, adding $794 million to its Open USD (OUSD) token, …
OUSD launched Sept. 30 with founding partners including Coinbase, Mastercard, Shopify, Stripe and Visa.
Open Standard led all stablecoin issuers in 30-day market cap growth, adding $794 million to its Open USD (OUSD) token, according to Token Terminal data. OUSD launched on Sept. 30 across Ethereum, Base and Solana.
Payments giants behind a month-old token
The token’s founding partners include Coinbase, Mastercard, Shopify, Stripe and Visa, and Stripe added OUSD support across its products at launch. Because OUSD is only about a month old, the 30-day window covers nearly its entire history. Token Terminal put its market cap above $800 million in mid-October.
CRYPTO
newsBTC
29 Oct 2026 · 06:00
MEXC and Hacken Launch AI Trading Safety Handbook to Promote Safer AI Adoption
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial …
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
Mutsamudu, Comoros, October 28, 2026 – MEXC, a pioneer in 0-fee digital asset trading, and blockchain security, compliance, and regulatory assurance partner Hacken, have released the MEXC × Hacken AI Trading Safety Handbook, providing practical guidance on how users and platforms can use and deploy AI-assisted and automated trading tools more safely, from research and decision support through trade execution.
The handbook follows the recent MEXC AI Trading Report, which found strong interest in AI alongside clear demand for greater control. In MEXC’s 2026 survey, willingness to use automated trading rose from 55% to 71.8% when limits on funds, positions, leverage and losses were introduced.
As AI takes a more active role in trading, the handbook emphasizes that safety cannot rely on the AI model alone. AI-facilitated actions should be checked against separate permissions, financial limits and risk controls before execution. It covers risks including credential exposure, excessive permissions, manipulated data and unintended execution, while outlining practical safeguards for both users and platforms.
For users, the handbook sets out five safety checks: Ask, Verify, Limit, Control and Review. For platforms, it outlines five principles: Guard, Limit, Approve, Controls and Test. Together, they provide a practical framework for expanding the use of AI while keeping appropriate controls in place.
“AI can make trading more accessible and efficient, but greater capability should come with stronger safeguards,” said Vugar Usi Zade, CEO of MEXC. “At MEXC, we want users to benefit from innovation, while taking a measured approach to AI adoption. Our People First principle means giving users access to new capabilities without losing sight of control, transparency and risk.”
““AI agents will soon place more orders than people do. Trust in them should be earned the way smart contracts earned it: through independent controls, continuous red-teaming and evidence anyone can verify.”,” said Dyma Budorin, CEO and co-founder of Hacken. “This handbook is intended to raise awareness of those risks and provide practical support for both users and platforms. As adoption grows, platforms will need to test these safeguards continuously and strengthen them as new risks emerge.”
MEXC and Hacken hope the handbook can serve as a practical reference for users and platforms as AI becomes more deeply integrated into trading, helping raise risk awareness and support safer, more responsible adoption across the industry.
About MEXC
Founded in 2018, MEXC is a leading global multi-asset trading platform built as your 0-fee gateway to infinite opportunities. Serving users across 170+ markets, MEXC provides simple and efficient access to crypto, stocks, tokenized assets, derivatives, and a growing range of TradFi-linked opportunities through one account and one gateway.
With 0 trading fees, deep liquidity, broad asset coverage, and a high-performance trading experience, MEXC is designed for retail users who want to discover earlier, act faster, and trade with fewer barriers. As crypto and traditional finance continue to converge, MEXC is committed to making global opportunities more accessible, helping users trade freely and MEXCmize every opportunity.
MEXC Official Website| X | Telegram |How to Sign Up on MEXC
About Hacken
Hacken is a security and assurance partner for financial institutions and the infrastructure they rely on: exchanges, ecosystems, custodians, banks, asset managers, and tokenization platforms. Hacken’s AI security work includes AI agent security audits and red-teaming of AI systems.
Founded in 2017, Hacken has 60+ engineers and more than 1,500 clients across industries, including the European Commission, ADGM, Ethereum Foundation, Societe Generale-Forge, MetaMask, and Bybit.
Hacken website | X | LinkedIn
For media inquiries, please contact MEXC PR team: [email protected]
CRYPTO
Crypto Briefing
29 Oct 2026 · 06:00
Itaú formalizes crypto trading, offering 15 assets including Bitcoin and Ethereum
Brazil's largest private bank is the first financial institution to formalize its crypto operations under the country's new digital asset rules. Itaú Unibanco, Latin America’s largest bank by market value, has notified Brazil’s Central …
Brazil's largest private bank is the first financial institution to formalize its crypto operations under the country's new digital asset rules.
Itaú Unibanco, Latin America’s largest bank by market value, has notified Brazil’s Central Bank of its virtual asset service provider status as the country implements new rules governing crypto-related services.
Formalized on October 27, the measure covers the intermediation and custody of crypto assets, activities that fall within the brokerage framework established by the regulation.
Under the rules, financial institutions that already hold Central Bank authorization can carry out virtual asset activities by following a notification process. Other virtual asset service providers must obtain operating authorization.
Itaú has provided crypto trading services since December 2023 and now offers more than 14 digital assets, including Bitcoin, Ether and USDC, a stablecoin tied to the US dollar. The bank also offers crypto custody services.
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Itaú said customer security has been a priority since it entered the market, adding that the development would create a stronger basis for the growth of digital assets in Brazil and worldwide.
The bank previously recommended a 1% to 3% Bitcoin allocation for investors seeking portfolio diversification and protection against the depreciation of local currencies.
Renato Eid, who leads beta strategies and ESG integration at Itaú Asset Management, said Bitcoin should be treated as a supplementary asset rather than a portfolio cornerstone, with the potential to provide returns independent of domestic economic conditions and long-term appreciation.
CRYPTO
Biztoc.com
29 Oct 2026 · 05:45
Will Coinbase Break Its Losing Streak in Q3? Crypto Bettors Weigh Odds as COIN Sends Mixed Signals Before Key…
Cryptocurrency heavyweight Coinbase Global Inc. will report earnings for the third quarter after the market closes on Thursday, October 28. A quick overview of what's going on with the company and its stock. Cryptocurrency …
Cryptocurrency heavyweight Coinbase Global Inc. will report earnings for the third quarter after the market closes on Thursday, October 28. A quick overview of what's going on with the company and its stock. Cryptocurrency heavyweight Coinbase Global Inc. will report earnings for the third quarter after the market closes on Thursday, October 28. A quick overview of what's going on with the company and it…
MACRO & FED
Biztoc.com
29 Oct 2026 · 05:30
Fed set to hold interest rates steady in last decision before midterms
US central bank last month raised rates for first time since 2023, in move that infuriated Donald Trump The US Federal Reserve is expected to leave interest rates unchanged on Wednesday during its last …
US central bank last month raised rates for first time since 2023, in move that infuriated Donald Trump
The US Federal Reserve is expected to leave interest rates unchanged on Wednesday during its last rate-setting meeting before the midterm elections, keepin… US central bank last month raised rates for first time since 2023, in move that infuriated Donald TrumpThe US Federal Reserve is expected to leave interest rates unchanged on Wednesday during its las…
CRYPTO
Crypto Briefing
29 Oct 2026 · 05:30
Calacanis calls Bitcoin “dead network,” advises selling
Venture capitalist Jason Calacanis has made a strong statement regarding Bitcoin, describing it as a “dead network” that offers no use beyond being a store of value, and advising people to sell it. This …
Venture capitalist Jason Calacanis has made a strong statement regarding Bitcoin, describing it as a “dead network” that offers no use beyond being a store of value, and advising people to sell it. This remark, coming from a prominent figure in the tech and investment community, has the potential to influence market perceptions and sentiment around Bitcoin. Calacanis’s comments may contribute to a decrease in confidence among market participants who are closely watching Bitcoin’s price activity and future prospects.
The current market odds for Bitcoin reaching $200,000 by the end of 2026 remain low, with sub-market predictions reflecting minimal confidence, ranging from 0.9% to 5.5% for various price points. The broader sentiment suggested by Calacanis’s statement could reinforce the view among participants that Bitcoin may not achieve significant price milestones in the near future. This perspective appears consistent with the current market conditions where many sub-markets indicate low percentage odds for Bitcoin reaching higher price thresholds by the specified date.
Key Takeaways
Calacanis’s statement appears to suggest skepticism about Bitcoin’s long-term utility beyond being a store of value.
The market’s response to such remarks may lead to decreased confidence in Bitcoin reaching significant price milestones by the end of 2026.
Current market odds reflect minimal confidence in Bitcoin achieving high price targets, consistent with Calacanis’s critical view.
What to Watch
Watch for any further commentary from influential figures which could impact market sentiment. Additionally, developments such as regulatory changes or institutional adoption news could shift current perceptions. Monitoring Bitcoin’s ability to break key resistance levels, like $80,000 and above, will be crucial in assessing whether the market sentiment aligns more with Calacanis’s viewpoint or shifts towards optimism.
MACRO & FED
The New Republic
29 Oct 2026 · 05:15
OK, Zoomer: You’re the
First Human Surplus
Generation
Beneath the flip phones and disdain for toxic apps lies a pretty basic desire to belong. AI threatens to obliterate this as it eats into young people’s experiences and communities. The question is: Can …
Beneath the flip phones and disdain for toxic apps lies a pretty basic desire to belong. AI threatens to obliterate this as it eats into young people’s experiences and communities. The question is: Can that hunger drive them toward a real, generationwide solidarity?
Regeneration
Gen Z won’t be the only generation transformed by AI. But it crashes into their lives at a uniquely vulnerable moment—just as they’re trying to figure out who they are and what they’re good at, and how to carve out a place for themselves.
When AI scrambles that process, they get handed a tired, individualistic script that tells them: If technology threatens your job, just go get some new skills. If you’re scared of becoming obsolete, you need to adapt faster. The technology isn’t the problem—you are.
But young people are getting wise to the contradictions. For all the talk about how AI will make them better off and more productive, they see themselves being asked to swallow more insecurity and watch the technology crowd out the experiences they need to become productive in the first place.
For earlier generations, work was a crucial metric of measuring whether you were a functional adult in society. You might have taken a job for the paycheck, but you were still allowed to learn while you work, often getting paid while you got the training that would carry you forward. Being inefficient for a while was part of the deal.
AI threatens to break that classic bargain. The result could be a new form of generational inequality, where the learn-by-doing jobs are harder to justify economically, so the youngest are expected to somehow leap fully formed into a labor market not especially interested in forming them.
Video game Generation Zero imagines a world where young people return home to find it overrun by machines. To survive, the player has to figure out what the machines are doing, learn how to use them strategically, and decide when to fight back. There’s no one strategy that will work.
That helps explain why the three groups we encountered, Adaptors, Reformers, and Refuseniks, keep bleeding into one another. The Adaptors want to use AI without it using them. The Reformers want a say in how it is deployed and who benefits from it. The Refuseniks want to hang on to the parts of life that feel threatened when machines mediate everything. But underneath it all is a singular refusal. Nobody wants to become an NPC (nonplayer character) in a future somebody else designed, with equations cooked up in the bowels of some data center calling the shots.
Young people are up against a daunting economic, political, and technological cascade, but if Generation Zero is going to become Generation Hero, they have to fight for a future they actually want.
They’ve already grown up mistrusting institutions even more than their Gen X elders did, and have been advised to solve every problem on their own. Now they’re being asked to develop a sense of social class while AI is making it harder to get established and to form relationships where co-workers are more than Slack strangers—especially true in AI-exposed white-collar fields, where unionization has historically been weak. Thomas Ferguson, who directs research at the Institute for New Economic Thinking, commented via email that “New Deal union organizing was heavily place and community based, supported by local church groups, blue collar hobby and social clubs, and often friendly local authorities. Most of that structure has faded away, replaced in some cases by nothing at all.” Gen Z is entering the workplace with fewer community and institutional bonds, and fewer opportunities to forge them. Now they’re adding a new phrase to their resistance lexicon: “algorithmic union-busting,” as employers use AI to suss out troublemakers—thinning the ranks of potential organizers before they can actually organize.
And sometimes they wonder, why bother, if AI is just going to wipe us all out anyway?
Gen Zers tell us that older generations simply don’t get what they’re up against. Instead, headlines declare them dumber than their parents, while they’re dismissed as dysphoric doomers, phone zombies, postliterate tablet kids, allergic to work, and brain-rotted burnouts. Their wacky anti-work memes may look like brain rot from the outside, but they can also be read as resistance to a world obsessed with productivity and optimization—and to boomers calling them lazy from the security of million-dollar homes.
Rather than complain about them, or ask them to rise up and smash the existing order on their own, older generations have a job to do, too—to teach them, give them somewhere to start. “Are we going to put it all on young people who have legitimate questions about whether they’re going to feed themselves or stay healthy?” asked professor Zuckerman, a Gen Xer. “As boomers are leaving the stage, I think a lot of this is on my generation—we need to be looking at our children and saying, wow, what are we leaving?”
Metaphorical Filicide
In New York, longtime activists and Adbusters-style artists Reverend Billy Talen and Savitri D., the duo behind the Church of Stop Shopping, are mentoring a new generation of Refuseniks. Their East Village space has become a Luddite clubhouse, reviving a tradition of theatrical resistance that predates the internet takeover. They are thrilled by what they see as a brave continuation of their tradition.
It’s worth noting that a large share of the Refuseniks and Reformers we spoke to were college-educated and middle class. This gives them more freedom than other Americans have in choosing to go offline or to resist AI’s capture.
There’s a precedent here. Some of history’s famous young rebels have come from backgrounds comfortable enough to let them rebel. The 1960s marches and demonstrations were teeming with relatively privileged kids who found an identity in protest before they had one in the workplace. Today, Gen Zers from more affluent backgrounds may have a similar opening. If work can’t tell them who they are, maybe a movement can.
The generation born around the turn of the current century is far from unified as a political constituency. Young voters are more Democratic than older generations, but the 2024 elections illustrated just how politically mercurial they can be, particularly young men. Young Americans disagree sharply about politics, culture, and even what progress means. Still, collective action doesn’t mean everyone has to agree on everything. It can start with something small and local—a school using AI in ways students hate, a data center pissing off everyone from ranchers to city ratepayers, or a workplace where algorithms are making decisions they can’t challenge.
Surprisingly broad coalitions are forming around some of these problems. Across the political spectrum, people are thinking about how ordinary citizens get a share of what they produce. That’s why ideas like sovereign wealth funds and universal basic incomes are showing up across political lines. These proposals start from a useful recognition that the public should benefit from any gains coming from new technology. But neither is going to magically fix a political system awash in big bucks and a corporate governance culture where the art of squeezing money from workers and taxpayers and giving back less has been perfected over decades. And just giving people more money doesn’t necessarily give them more security if the health care system and other bloated institutions are there to take it right back. It doesn’t give them an identity either.
But Gen Zers don’t have to figure out everything right away to get going. A local fight can teach skills they won’t get from AI companions, like how to persuade and negotiate with real people and how to stick together. And sometimes, how to win.
Gen Z can sniff out inauthenticity a mile away. They need older generations to start showing up for them, listening to them, and giving them room to try things, including resistance. What’s at stake is the normalization of a late-capitalist cruelty: asking an entire generation to become fully fledged adults while denying them the experience, agency, and work that make that possible. Call it metaphorical filicide.
Ben, the AI Adaptor who began this story by speaking into a camera for an algorithm, still wonders whether the work he does will exist in a few years. He has also started thinking more seriously about faith, ancestral traditions, and the possibility of building a life around meaning-making rather than more conventional measures of success like earning power and/or being tech-au-courant.
He doesn’t think the answer is to turn back the clock. “I don’t think we can go backwards,” Ben said. That’s true, of course: He and his generation can’t stop the future from arriving. But they can’t give up their voice in defining what it means.
This story was co-published and supported by the journalism nonprofit the Economic Hardship Reporting Project.
MACRO & FED
The New Republic
29 Oct 2026 · 05:15
When Buy Now, Pay Later Can Mean You’re Paying a Whole Lot More Later
What’s worse, people often turn to these products when they’re already deeply in debt. In September, researchers at the Century Foundation and Protect Borrowers, a nonprofit that fights predatory lending, released a report showing …
What’s worse, people often turn to these products when they’re already deeply in debt. In September, researchers at the Century Foundation and Protect Borrowers, a nonprofit that fights predatory lending, released a report showing that half of all workers’ wage gains since 2022 have gone to debt service, mostly to credit cards and auto loans. That means that rather than using any increases in wages to save, get ahead, or improve their lives, they’re using extra money they earn to pay back the debt they’ve taken on as their lives have grown increasingly unaffordable.
That research didn’t even include data from buy now, pay later loans because they’re not reported to the credit bureaus. But it helps explain why consumers have had to turn to this additional lending option to pay for their basic expenses. Their income gains have gone to debt service, their credit cards are already maxed out, and their interest rates are high. They turn to buy now, pay later because they have nowhere else to turn.
“It’s often people who are already distressed who are taking this on as just a lifeline to be able to pay their groceries for the week or kind of meet their basic needs,” said Angela Hanks, chief of policy programs at the Century Foundation. She said the loans were initially marketed for big, luxury purchases, but that’s not how consumers have used them. “What we’re actually seeing is that people are using it because they’re maxed out on their credit card, they have a paycheck that hasn’t meaningfully gone up in quite a long time, and they still need to buy groceries to feed their kids. They still need to put gas in the car, they still need to buy their kid who’s grown out of their shoes from last year a new pair of shoes. So they’re finding people who are using it more and more to make their ends meet.”
CRYPTO
CoinDesk
29 Oct 2026 · 05:15
Brazil’s largest lender becomes first bank to formalize crypto brokerage under new rules
Itau Unibanco notified Brazil’s central bank of its crypto trading and custody operations on Tuesday, ahead of a month-end deadline under Resolution 520. Itaú Unibanco, Brazils largest private bank, formalized its cryptocurrency trading and …
Itau Unibanco notified Brazil’s central bank of its crypto trading and custody operations on Tuesday, ahead of a month-end deadline under Resolution 520. Itaú Unibanco, Brazils largest private bank, formalized its cryptocurrency trading and custody operations under the countrys new digital-asset rules, becoming the first bank in the country to do so.
…