Aadi 11

The U.S. Senate's failure to advance the Clarity Act on Tuesday leaves the crypto industry in the world's largest economy without an overarching federal framework and with the roles of the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) shrouded in ambiguity.
“The true losers are the American public and the domestic tech ecosystem,” said Stefan Muehlbauer, head of U.S. government affairs at blockchain security firm CertiK. The winners are overseas crypto hubs, grey-market operators and international jurisdictions like Asia and Europe that are rapidly expanding their market share under clear, established rules, he said.#ParadigmDisclosesZECHolding

Open-source artificial intelligence is making it easier for hackers to hide malicious code on blockchains, opening a new front in a crypto industry already grappling with rising cybercrime.

Instances of malware instructions written into on-chain transactions and smart contracts are up 440% in less than a year, averaging 11 cases per day, blockchain analytics firm Chainalysis said in a report published on Thursday. Such cases averaged two per day prior to the release in the middle of last year of powerful Chinese open-source AI models with no restrictions on generating malicious code, according to the report.
A malware attack uses malicious software planted on a computer or network to steal information, passwords or funds. In the attacks documented by the report, hackers use a blockchain to leave instructions for that software, telling it where to send information, a technique known as "blockchain dead drop". This can make an attack harder to stop because information recorded on a blockchain cannot be easily removed.
State-backed groups — including those linked to North Korea and Iran — now account for the majority of this activity, the report said.
The findings add to evidence of generative AI contributing to a boom in cyber threats, by spotting more software vulnerabilities and allowing cybercriminals to carry out more attacks. In crypto, the number of hacks rose roughly 150% to 207 in the first half of the year, according to blockchain intelligence firm TRM Labs.
Blockchains are typically not involved in the initial infection of a machine, which often happens through conventional means such as supply-chain attacks or malicious downloads, Eric Jardine, head of research at Chainalysis, said in response to questions over email. The firm has not tracked how many attacks were successful, or how much money was lost.
Hiding malware on a blockchain is not new, Chainalysis said, but powerful new open-source AI models are allowing hackers to carry out attacks on a larger scale, while growing involvement by state actors is making them more sophisticated.
Worsening the threat, open-source AI models can be run independently, allowing hackers to modify them or remove safeguards against cybercrime.
"This gives malicious developers greater control over the model and more privacy," said Vitaly Kamluk, founder of cybersecurity consultancy TitanHex.
By contrast, companies such as OpenAI and Alphabet Inc.'s Google can block access to their AI services when they detect abuse.
The transparency of blockchains cuts both ways, though. Every update attackers post is permanently recorded, letting investigators map their infrastructure and connect campaigns that would otherwise look unrelated, according to Chainalysis.#USWeeklyJoblessClaimsFallTo196K #ParadigmDisclosesZECHolding

In focus today
In the US, the main event of the week will be the FOMC meeting tonight. Previously this week we revised our call now expecting a 25bp rate hike at the meeting. Given the current market pricing (90% probability of a hike), and the fact that we have long argued rate hikes are eventually on the horizon in any case, tightening now likely represents the path of least resistance. We do not think the decision is a completely done deal, and we believe there will be 2-3 dissenters in favour of a hold. We still expect the FOMC to publish its updated economic projections and 'dots', even if Warsh opts out from submitting his personal views again. In the afternoon US retail sales for August is released too.
In the UK
The August CPI inflation print will be released today. Headline inflation is expected to rise from 2.9% in July, driven by motor fuel and airfares. Food prices have followed a normal seasonal pattern over the summer, though higher energy prices pose an upside risk. Services inflation has been trending lower alongside wage growth. It stood at 3.4% in July and remains the key focus for the MPC, with the hawkish minority viewing it as too sticky to justify keeping rates on hold.
In Sweden
The Labour Force Survey (LFS) for August is published. The July outcome was strong: unemployment fell to 8.6% while labour force participation increased. Our forecast is that the labour market will continue to improve, but it is worth keeping in mind that the Labour Force Survey is volatile and that individual monthly outcomes should be interpreted with caution.
Economic and market news
What happened yesterday
In the euro area, the German ZEW index in September showed a markedly better assessment of the current situation, but expectations for future growth disappointed. The assessment of the current situation rose to -47.1 (cons: -52.1, prior: -61.1), which is the highest level in three and a half years. The rebound in German growth is especially due to the significant fiscal easing and a rise in manufacturing orders. However, expectations for future growth disappointed, as they remained at 34.7 (cons: 40.0, prior: 34.2). This likely reflects the recent tightening in financial conditions and higher energy costs. The impact of these factors will likely take some months to affect growth, given the lag lengths in German retail energy and rate pricing, which the September ZEW survey reflects well.
In the UK
payroll employment fell by 26,000 in August, compared with consensus expectations of a 5,000 decline, while revisions to June and July payrolls also pointed lower. The unemployment rate held steady at 4.9% in July, in line with expectations, and average weekly earnings rose by 3.9%, also matching consensus and marking the softest reading since the three months to February. Regular earnings growth averaged 6.3% in the public sector and 2.9% in the private sector, slightly above the 2.8% expected. Overall, this is another dovish data signal for the Bank of England, and the FX market appeared to read it that way, with GBP weaker.
Equities:
Equities closed lower across regions yesterday as oil gained another 4%. Oil has now risen in ten of the past eleven sessions, advancing almost 30% over that period. Unsurprisingly, Energy was the only sector in positive territory.
The more revealing signal came from the rest of the market. Excluding Energy, this was not a conventional defensive rotation. Instead, the selling was concentrated in the consumer complex, with consumer discretionary leading the decline but consumer staples also under pressure. Investors increasingly view consumers as the main casualty of higher energy prices and are reducing exposure accordingly. Despite the broader equity market still being up more than 10% year to date, consumer discretionary is the worst performing sector and is down more than 5%. Importantly, neither consumer discretionary nor consumer staples has experienced the largest earnings downgrades. The underperformance therefore reflects investors demanding a higher risk premium in the consumer sectors rather than merely responding to weaker earnings estimates.
Oil is easing from its highs this morning, supporting Asian equities, while European and US futures are marginally higher.
FI and FX:
Broad USD remained on a strong footing yesterday and EUR/USD declined modestly, as risk sentiment continued to sour. Safe-haven CHF also rose, while cyclicals NZD, SEK and AUD underperformed. USD/JPY has retraced some of its recent decline and traded up to 155 yesterday as markets await further clues from both the Fed tonight, and Bank of Japan on Friday. The EUR swap curve twist steepened yesterday, as pressure remains on the long end with global long-end yields continuing to set new decade highs. All focus will be on the FOMC meeting later this evening.
#FedRateWatch
#ClarityActOddsHalveOnPolymarket

$XRP يمتد مكاسب XRP يوم الثلاثاء بعد أن حقق مكاسب بنسبة 6% في اليوم السابق.
$XLM تتداول XLM فوق 0.195 دولار بعد أن قفزت بأكثر من 8% يوم الاثنين.
تعزز مؤشرات المشتقات المزيد من المكاسب لكل من عملتيْ ألتكوين.
توقعات ريببل وستيلار: تمديد المكاسب مع دعم المشتقات للاتجاه الصعودي
تمدد ريببل (XRP) وستيلار (XLM) مكاسبهما يوم الثلاثاء بعد أن قفزتا بأكثر من 6% و8% على التوالي في اليوم السابق. إضافةً إلى ذلك، تدعم مؤشرات المشتقات المتحسنة تحيزًا صعوديًا، ما يشير إلى مكاسب إضافية لكلا الألتكوين.

يظل الذهب عرضة للخطر قبيل اجتماع مجلس الاحتياطي الفيدرالي
$XAU على الرغم من أحدث موجة صعود، يظل الذهب عرضة لمزيد من الهبوط وسط تصاعد التوترات الجيوسياسية في الخليج، وارتفاع مخاوف التضخم التي تقودها أسعار النفط، وتزايد الرهانات المتشددة بشأن توقعات سياسة مجلس الاحتياطي الفيدرالي.
في يوم الاثنين، شنّت “جماعة الحوثيين المدعومة من إيران في اليمن” هجوماً جديداً على السعودية بعد أن حمّلت الرياض المقاتلين المدعومين من إيران في العراق مسؤولية الهجوم على خط أنابيب شرق-غرب في المملكة. كما أجلت دول عربية خليجية أيضاً محادثاتٍ مُزمعة مع إيران، وفقاً لوكالة رويترز.

لا يمكن لأحد أن يقول على وجه اليقين ما الذي تحمله الساعات الـ24 المقبلة، لكن المتداولين عبر كل فئة أصول يعاملون هذه النافذة بوصفها حاسمة.
تحذير نادر وموحّد صادر عن الأشخاص الذين يبنون أقوى التقنيات في العالم، غيّر الطريقة التي تُقرأ بها الساعات المقبلة
التحذير الذي لم يره أحد قادمًا
الخطر في قلب كل ذلك يأتي من داخل الصناعة نفسها. نشر الرئيس التنفيذي لشركة أنثروبيك يوم السبت مقالًا مطولًا من نحو 3,800 كلمة بعنوان "يجب أن نُمهِل الجبهة"، حُجّ فيه بأن الصناعة تحتاج إلى إبطاء وتيرة تحسين قدرات النماذج عمدًا.

Fintech giant Revolut handed sensitive customer data, including passport copies and full Bitcoin transaction histories, to a malicious actor after falling for a fraudulent request disguised as a legitimate government inquiry.
According to a customer notification circulated by crypto investigator ZachXBT, Revolut received a request for customer information that appeared to come from a government agency, sent from an unauthorized email account using the agency's official domain.
Because the message carried valid domain authentication credentials, Revolut fulfilled it in the belief it was genuine.
The exposed data was extensive. Per the notice, it spanned identity details such as full name, date of birth and occupation; contact information including postal address, email and phone number; and document and verification data, including a copy of the victim's passport or driver's license and the selfie provided for verification.
Most alarming for crypto holders, the financial data included account statements with IBAN and wallet reference numbers, withdrawal records and full transaction history, including Bitcoin. Revolut said no biometric facial telemetry data was involved.
A Revolut spokesperson confirmed the breach to TechCrunch, describing it as "a sophisticated external impersonation scam where an unauthorised third party utilised a legitimate government agency domain email to submit fraudulent requests for information."
The company said a "limited" number of customers were affected, that it had blocked the email address and alerted the agency, law enforcement and regulators, and that its systems and customer funds were unaffected. Revolut declined to say how many people were hit or which agency was impersonated.
ZachXBT said the incident appeared to target high-net-worth users, a concern given the surge in violent "wrench attacks" against known crypto holders. The leak drew sharp criticism, with several users on social media arguing the episode shows know-your-customer rules have created risk without meaningful benefit.#AnthropicCEOCallsForAISlowdown

يتداول سعر الذهب بانخفاض طفيف عند حوالي 4,330 دولارًا في بداية أسبوع السياسة النقدية لبنك الاحتياطي الفيدرالي (المركزي الأمريكي/الفيدرالي).
يترقب السوق بشدة أن يرفع الاحتياطي الفيدرالي أسعار الفائدة يوم الأربعاء.
يبدو أن الرئيس الأمريكي ترامب يتقبل ارتفاع أسعار الفائدة.
$XAUT يعكس الذهب أداءً متواضعًا في بداية أسبوع السياسة النقدية لمجلس الاحتياطي الفيدرالي (Fed) عند حوالي 4,330 دولارًا. تأثرت توقعات الفائدة بشكل كبير الأسبوع الماضي بعد صدور تقارير مؤشر أسعار المنتجين ومؤشر أسعار المستهلكين الساخنين في الولايات المتحدة (US) لشهر أغسطس.