Bitcoin’s recent surge in open interest beyond $35 billion has analysts worried about potential signs of froth in the market. Read the full article here

The Bank of Industry has announced that, within the first nine months of 2024, it has successfully disbursed loans totalling N77.65bn specifically aimed at supporting medium, small, and micro-enterprises. It said the financial assistance has been provided to nearly 1,000…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Tesla’s quarterly vehicle deliveries fell short of market expectations, dashing hopes for a strong rebound on the back of a recovery in…

Lamborghini has teamed up with Animoca Brands to launch its first interoperable blockchain-based digital vehicles, bringing the cars to Web3 gaming. Read the full article here

Among the many gloomy statistics hanging over the Conservative conference in Birmingham this week, one stood out. “One in six of our voters won’t be alive at the next election,” Robert Jenrick, the frontrunner to be the next Tory leader,…

Despite resistance from the UK’s Debt Management Office, City Minister Tulip Siddiq pushes for blockchain-based bonds to modernize financial markets. Read the full article here

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Starling Bank has received a fine of £29mn from the UK financial regulator, which accused the challenger bank of “shockingly lax” controls…

BTC price expectations get flipped on their head as geopolitical uncertainty rocks Bitcoin and risk assets. Read the full article here

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Bank of England has warned of rising “vulnerabilities” in the financial system stemming from increased bets by hedge funds against US…

Telegram’s disclosure process of IP addresses and phone numbers has been in place “long before last week,” CEO Pavel Durov declared. Read the full article here

Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.Russian forces have raised their flag over the strategically important town of Vuhledar in eastern Ukraine, paving the way for further…

The Fidelity Ethereum Fund recorded outflows of $25 million on Oct. 1, the highest daily record among US-based spot Ether ETFs, excluding Grayscale. Read the full article here

Times are good at Eli Lilly. Wall Street’s insatiable appetite for weight-loss drug stocks looks set to turn the company into the world’s first $1tn drugmaker by market value. But war stories about gloomier times are never far away when…

GPT-4o is an optimized version of GPT-4 designed to offer improved performance and efficiency over the GPT-3, GPT-3.5 and GPT-4 models. Read the full article here

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Israeli forces bombarded Beirut and southern Lebanon overnight as the region braced for Israel’s response to a missile attack by Iran that…