Market Signal Briefing

By Reuters

September 29, 20255:59 AM UTCUpdated ago

Item 1 of 2 Lufthansa planes stand parked in Frankfurt, Germany, March 7, 2024. REUTERS/Kai Pfaffenbach/File Photo

[1/2]Lufthansa planes stand parked in Frankfurt, Germany, March 7, 2024. REUTERS/Kai Pfaffenbach/File Photo Purchase Licensing Rights, opens new tab

Sept 29 (Reuters) - Lufthansa

(LHAG.DE), opens new tab will cut 4,000 administrative jobs by 20230 through digitalization, automation and process consolidation, the German airline said on Monday as part of its capital markets day.

The German company also set new mid-term targets for 2028 and 20230.

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It expects an adjusted earnings before interest and taxes margin of 8% to 10%, and its free cash flow is expected to generate over 2.5 billion euros per year.

Reporting by Ozan Ergenay and Tristan Veyet in Gdansk, editing by KIrsti Knolle

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Global science and technology company joins Swift pilot programme, leveraging Broadridge's API orchestration capabilities for on-demand account visibility across 400+ accounts

, /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, today announced that Merck has selected Broadridge to implement Swift's new Instant Cash Reporting service through its Swift Service Bureau (SSB) and SCORE+ services. The comprehensive solution enables Merck to transform treasury operations with real-time, on-demand access to balance and transaction information of more than 400 accounts globally.

Broadridge's Swift Service Bureau is extensively proven to deliver fast-track access to the Swift network for the full range of financial messaging including payments, securities, derivatives and corporate actions, consistently delivering highly efficient financial transaction throughput, connectivity and proactive workflow control.

As part of Swift's Corporate Evolution initiative, Instant Cash Reporting marks a significant advancement from traditional next-day reporting. Developed through the Swift Corporate Working Group, where Broadridge serves as a key provider representative, this innovation builds on Broadridge's longstanding commitment to optimizing operations across the financial ecosystem — including its pioneering ISO 20022 migration services for corporates launched in 2007.

"Broadridge has been instrumental in addressing a fundamental challenge in our corporate treasury — the complexity and cost of implementing proprietary APIs across multiple banks," said Johann Lee, Principal Expert at Merck KGaA, Darmstadt, Germany. "Its SCORE+ platform and Swift Service Bureau will provide a single, standardized channel for real-time account data from our banking partners, which will enhance cash management and improve our payment processing experience."

Following the successful roll-out of payment tracking for inbound and outbound corporate payments, Instant Cash Reporting represents the second major capability delivered through Swift's Corporate Evolution initiative, all able to be harnessed via Broadridge's SSB and SCORE+ services.

"By enabling Merck to access real-time financial data across its extensive banking network, Broadridge is radically changing how global corporations manage their liquidity, and fundamentally enhancing operational efficiency," said Kai Marzenell, Director, Swift Product Management at Broadridge. "The combination of Broadridge's market leading scale and commitment to innovation technology enables us to transform financial operations for corporations across their range of global financial institution relationships."

Looking ahead, Broadridge is actively developing additional API-enabled services to further enhance the corporate payment experience. These forthcoming capabilities include Stop & Recall functionality and Payment Preparation tools, designed to create a comprehensive, end-to-end payment ecosystem that addresses the evolving needs of corporate treasurers across all channels.

Merck requires visibility across hundreds of accounts and anticipates making thousands of API calls annually, translating to roughly 900,000 intraday reports. Thanks to SCORE+, Merck can now retrieve information from up to 1,000 accounts in a single call, dramatically improving efficiency compared to traditional bank-by-bank API implementations.

Unlike traditional treasury management approaches that require multiple bank-specific API implementations, Broadridge's SSB and SCORE+ services simplify Swift integration while reducing implementation costs and complexity.

About Broadridge

Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.

Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in equities, fixed income, and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 15,000 associates in 21 countries.

For more information about us, please visit www.broadridge.com

Media Contacts:

Europe
[email protected] 

North America
[email protected]

Asia-Pacific
[email protected]

SOURCE Broadridge Financial Solutions, Inc.

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September 29, 2025 02:00 ET

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Diversified Energy PLC

DIVERSIFIED ENERGY COMPANY PLC

("Diversified", or the "Company")

DIVERSIFIED ENERGY COMPANY PLC (LSE:DEC, NYSE:DEC) announces that, in accordance with the terms of its share buyback programme announced on 20 March 2025, the Company has purchased 62,547 Ordinary Shares of 20 Pence each in the capital of the Company (the "Shares") in the market at a volume-weighted average price of $14.3282 per Share through Mizuho Securities USA LLC (MSUSA). The Shares acquired will, in due course, be cancelled.

Aggregated Information

 Date of Purchase: 25 September 2025 Aggregate Number of Ordinary Shares Purchased: 62,547 Lowest Price Paid per Share (USD): 14.28 Highest Price Paid per Share (USD): 14.35 Volume-Weighted Average Price Paid per Share (USD): 14.3282
Following the cancellation of Shares, Diversified will have 77,356,470 Ordinary Shares of 20 Pence each in issue and no Ordinary Shares are held in treasury. This figure of 77,356,470 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), (as in force in the UK and as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019), the table below contains detailed information of the individual trades made by Mizuho Securities USA LLC as part of the buyback programme.

Schedule of Purchases

 Shares purchased: DIVERSIFIED ENERGY COMPANY PLC (ISIN: GB00BQHP5P93) Dates of purchases: 26 September 2025 Investment firm: Mizuho Securities USA LLC  Aggregate number
 of  ordinary shares
 acquired Daily volume weighted
 average price paid Daily highest price paid
 per share Daily lowest price per
 share Trading Venue 1,771  $14.3247 $14.35 $14.29 ARCX 638  $14.3114 $14.33 $14.29 ASPN 105  $14.3050 $14.31 $14.30 BAML 418  $14.3375 $14.35 $14.30 BARX 650  $14.3480 $14.35 $14.34 BATS 1,169  $14.3352 $14.35 $14.30 BATY 510  $14.3475 $14.35 $14.35 BIDS 165  $14.3500 $14.35 $14.35 CDED 400  $14.3425 $14.35 $14.33 EDGA 2,830  $14.3422 $14.35 $14.30 EDGX 500  $14.3500 $14.35 $14.35 HRTF 200  $14.3500 $14.35 $14.35 ICBX 31,914  $14.3210 $14.35 $14.29 IEXG 504  $14.3250 $14.35 $14.30 ITGI 1,070  $14.3333 $14.35 $14.30 JPMX 6,150  $14.3314 $14.35 $14.29 JSJX 532  $14.3250 $14.35 $14.30 KNLI 1,000  $14.3325 $14.35 $14.31 LEVL 27  $14.3100 $14.31 $14.31 MEMX 2,707  $14.3250 $14.35 $14.29 SGMT 2,111  $14.3310 $14.35 $14.30 UBSA 178  $14.3233 $14.35 $14.31 VFMI 401  $14.3200 $14.34 $14.30 XBOS 3,282  $14.3143 $14.35 $14.28 XNAS 3,315  $14.3332 $14.35 $14.30 XNYS Trading venue Currency     NYSE USD $14.3282 62,547  
For further information, please contact:

 Diversified Energy Company PLC +1 973 856 2757 Doug Kris [email protected] Senior Vice President, Investor Relations & Corporate Communications www.div.energy
About Diversified Energy Company PLC

Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.

Falcon Oil & Gas Ltd (“Falcon”) Beetaloo drilling and planned stimulation update 29 September 2025 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to give an update on current drilling and future planned stimulation in the Beetaloo Sub-basin.

September 29, 2025 2:00 AM EDT | Source: Golden Cross Resources Inc.
Highlights

High-Grade Gold Confirmed: Intercepts up to 0.5m @ 24.4 g/t Au and broader intervals such as 23m @ 3.01 g/t Au.

Evidence of Ladder-Style Veins and Pathfinder Halos: Geological features (laminated quartz veins, arsenic halos, visible gold) are consistent with those seen in Victoria's world-class gold systems, such as Fosterville and Costerfield.

De-Risked Exploration Model: Structural and geochemical data provide a roadmap for Golden Cross to target the richest zones, reducing drilling risk and cost while increasing discovery efficiency.

Upcoming Catalysts: Phase 2 drilling (10,000m fully funded with two rigs turning) is underway, with assays pending from Phase 1 expected to drive steady news flow.

Assays Pending: Assays from 1,900 m's of drilling from 7 holes as part of initial 2,000m phase 1 drill program are pending.

Vancouver, British Columbia--(Newsfile Corp. - September 29, 2025) - Golden Cross Resources (TSXV: AUX) (OTCQB: ZCRMF) (FSE: ZML0) ("Golden Cross" or the "Company") provides the following update from initial assays received from diamond drilling at its Reedy Creek prospect, Victoria, Australia.

Golden Cross has now completed 10 holes for over 2,300 metres of diamond drilling at the Reedy Creek Project. Drilling has initially focused on confirming the presence of multiple vein sets, variable silicification and zones of sulphide mineralization consistent with orogenic-style systems.

Assays received from the first three diamond drillholes comprising 393.21 metres drilled into the Prince of Wales target. Assay results received from this first-pass testing, aimed at vectoring future drilling, include:

10.8m @ 2.08g/t Au from 28m in PWD004Including 0.5m @ 24.4g/t Au from 28mDrilling successfully enhanced the three-dimensional targeting model with sub-surface geological and structural data collected. Resampling of historical and previously unsampled drill core by Golden Cross has returned compelling results, including:

23m @ 3.01g/t Au from 22m (RWB10)9m @ 3.64g/t Au from 38m in (RWB12)10m @ 2.81g/t Au from 37m in (RWB13)Visibly the core shows a strong correlation with the dominant regional gold mineralisation trends, as seen at Fosterville and Costerfield. That is, the gold bearing quartz veins are found in folded marine sedimentary rocks - a classic host for Victorian style gold. The strong arsenic anomalism (gold pathfinder) suggests we are in the upper part of the gold system. Other similarities to Fosterville style mineralisation include the presence of laminated quartz "marker" veins which have been observed near mineralisation in drillholes to date at Shepherds hill, Thompson's Ridge, and Prince of Wales.

At Price of Wales, visible gold was seen in core within the low-grade halo at 40.5m depth within drillhole PWD004. At Shepherd's Hill visible gold was observed from samples of mullock located within 10m of drill collars SHD001-003. Trace amounts of stibnite, an ore of antimony, were observed within a quartz vein encountered by SHD002 at a depth of 231.57m, final assays from this hole are pending.

Matthew Roma, CEO, commented, "The geological interpretations identified to date are very encouraging, suggesting a strong possibility that this area could host a significant 'Victorian-style' gold deposit at greater depths. With a fully funded Phase 2, 10,000m drill program, our primary objective is to vector into the source of this gold system."

Figure 1: Stibnite, an ore of antimony, observed in core from Shepherds Hill drillhole SHD002 at depth 231.57 metres

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5159/268303_goldencrossfigure1.jpg

Figure 2: Visible gold in core from Prince of Wales drillhole PWD004 at depth ~40.5m

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5159/268303_goldencrossfigure2.jpg

Figure 3: Similarities between Golden Cross (AUX) core and Fosterville drill core. A) Laminated Quartz Vein marker horizon as seen in drilling at Shepherd's Hill. B) Laminated Quartz Veins from Fosterville. C) Fault zone with quartz veining as seen at Shepherd's Hill. D) Fault zone with quartz veining as seen at Fosterville. (Fosterville images taken from Kirkland Lake Gold presentation dated September 2019)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5159/268303_cb5d2503e46bfb1e_004full.jpg

Figure 4: Map showing the location of Gold mining centres within the region and their relationship to anticline fold trends.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5159/268303_cb5d2503e46bfb1e_005full.jpg

Alan Till, VP Exploration, commented:

"These first pass diamond holes have intersected significant gold mineralization, arsenic pathfinder signatures and lower tenor gold halos around quartz reefs, validating the structural targeting approach the Company has adopted that has successfully delivered high-quality structural information, materially improving the three-dimensional targeting model used at Reedy Creek.

"Drilling has highlighted clear dilation zones for prioritised follow-up drilling, with the Company looking forward to integrating the remaining assay results and advancing targeted drilling on the most prospective structural corridors."

Maiden drilling completed was also designed to prioritise structural information to develop a precise three-dimensional exploration model, rather than duplicating prior results to effectively target second phase deeper drilling aimed at testing the greatest potential for mineralisation.

Drilling to date has successfully intersected targeted multiple vein sets and associated zones of alteration, with orientated core providing key structural data such as measured vein orientations and fault relationships for Phase 2 drilling.

Assay results confirm that all drillholes completed to date have encountered gold mineralization within an arsenic halo, suggesting we are in the outer parts of the gold bearing system. This mineralization is associated with fault hosted quartz reefs, an expectation for structurally controlled gold systems. Encountered gold grades are variable and appear to relate closely to a samples distance from structures that crosscut the quartz reefs. Drillholes PWD005 & PWD006 encountered lower gold grades within an arsenic halo indicating that they had tested a portion of the reef distal to the primary zone of mineralization. This spatial relationship between the arsenic, gold and crosscutting structures allows us to use geochemistry as one of the vectors (alongside structural controls) guiding follow-up drilling aimed at targeting zones of primary mineralization.

Significant mineralization was returned in PWD004:

10.8m @ 2.08g/t Au from 28m in PWD004Including 0.5m @ 24.4g/t Au from 28mNext Steps

Ongoing drilling at the Reedy Creek Goldfield (see figure 5) as well as the first ever drill program at Welcome Reef (see figure 6).7 holes totalling approximately 1,900 metres of assays are currently pending from Phase 1 drilling and will be used to refine the Phase 2 drill program.Fully funded 10,000m phase 2 drill program with 2 rigs actively drilling across the Reedy Creek Project.

Figure 5: Map showing the drill holes completed and underway at the Reedy Creek Goldfield.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5159/268303_cb5d2503e46bfb1e_006full.jpg

Figure 6: Map showing the first drill hole underway at Welcome Reef.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5159/268303_cb5d2503e46bfb1e_007full.jpg

Resampling of Previous Drilling

Targeted re-sampling of historical drill core and previously unsampled intervals was undertaken in order to:

Verify historic gold analyses Determine and identify the presence of any geochemical zonation, or pathfinder elements related to the mineralisation. Establish the nature of the gold envelope surrounding discrete gold bearing quartz veinsCapture gold, antinomy and pathfinder elements, more notably arsenicInitial results have returned compelling results that both verify past high-grade intercepts and provide new geochemical vectors to refine future drilling, highlights include:

23m @ 3.01g/t Au from 22m in RWB10, including 2m @ 32.25g/t Au9m @ 3.64g/t Au from 38m in RWB12, Including 5m at 5.72g/t from 39m10m @ 2.81g/t Au from 37m in RWB 13, Including 2m @ 8.45g/t Au from 40mResampling has successfully:

Verified the previous work completed by Great Pacific Gold ("GPAC"). Established a strong correlation between Arsenic and Gold, providing an excellent vectoring technique for targeted drilling.While no significant assays were returned for antimony, the company believes this is an indication that the Reedy Creek goldfield may be located relatively 'high' in the mineralised system with. This is supported by the strong association with arsenic and is similar to the pattern seen at Fosterville as shown in figure 3.The Company has identified the presence of nuggety gold mineralisation. Nuggety gold in shallow drillholes occurs as coarse particles or discrete veins, causing high variability between adjacent samples and making small samples prone to under- or over-estimating true grade. Ensuring accurate gold results in nuggety systems requires larger & more frequent samples, alongside rigorous QA/QC (duplicates, standards, blanks), screen-fire assays for coarse gold & targeted sampling of visible veins.

Complete set of results for the first 3 holes and the resampling can be found here: https://drive.google.com/drive/u/1/folders/1NzZMLja85-h11lRa63zkme8Qp1BK0pwa

QA/QC and Analytical Procedures

All samples reported from the current drilling program were processed under the Company's QA/QC protocol. Samples were prepared and assayed at ALS Laboratories using industry-standard methods. The Company's QA/QC program includes insertion of certified reference materials, blanks and field duplicates at regular intervals. Assay data is validated and reviewed for quality as part of routine data verification.

In addition to the Company's QAQC practices, when assessing gold assays, the company re-submits any sample interval that reports over 2g/t Au for analysis via Screen Fire Assay. Screen Fire Assays separate and measure both coarse and fine gold fractions, improving accuracy and reproducibility of nuggety samples and providing a clearer estimate of total gold content.

The QAQC regime for the sample batches of the Re-assay Program was modified as essentially every sample in the program was a duplicate of a known result. Regular insertion of standards was replaced with strategic insertion centred around confirmation of higher-grade samples. While sampling of previously untested intervals from historic drilling was subject to the Company's regular QAQC protocols.

The original assays from GPAC's drill programs, as reported by GPAC, were all subject to quality control measures appropriate for percussion drilling with duplicates, blanks and commercially available standards with the expected results from the samples submitted. All assays were conducted by Onsite Laboratory Services Ltd (ISO: 9001), located in Bendigo, Victoria, using fire assay techniques with a 25g or 50g charge and ICP or AAS finish. The quality control results are consistent.

Qualified Person

All scientific and technical information in this news release has been prepared or reviewed and approved by Alan Till, the Company's Vice President Exploration, a "qualified person" as defined by NI 43-101.

Digital Marketing Agreement

The Company further reports that it has entered into an agreement with Machai Capital Inc. ("Machai") dated September 29, 2025, pursuant to which Machai will provide a digital marketing campaign. The term of the agreement is for three months for a total retainer of $250,000 plus GST, to be paid as services are provided and invoiced against marketing campaign spend.

Under the agreement, Machai will execute a comprehensive digital media marketing campaign including branding, content creation and data optimization services, including search engine optimization, search engine marketing, lead generation, digital marketing, social media marketing, e-mail marketing and brand marketing.

Machai is a marketing, advertising and public awareness firm based out of Vancouver, B.C., specializing in advertising and public awareness in the metals and mining, technology, and special-situation sectors. Machai and its principal, Suneal Sandhu, are arm's length to the Company and holds no interest, directly or indirectly, in the securities of the Company or any right to acquire such an interest (Mr. Sandhu can be reached at [email protected]). The engagement of Machai is subject to the approval of the TSX Venture Exchange.

About Golden Cross Resources

Golden Cross Resources (TSXV: AUX) (OTCQB: ZCRMF) is a Canadian mineral exploration company focused on advancing the Reedy Creek gold project in Victoria, Australia. Located just 10 km from Southern Cross Gold's Sunday Creek discovery, the project covers two contiguous tenements in one of Australia's most active epizonal gold corridors.

Additional information about Golden Cross can be found on its website: www.goldencrossresources.com and at www.sedarplus.ca.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation relating plans for future exploration and drilling and the timing of same, the merits of the Company's mineral projects and other plans of the Company. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "encouraging", "expects", "plans", "anticipates", "believes", "interpret", "intends", "estimates", "projects", "aims", "suggests", "often", "target", "future", "likely", "pending", "potential", "goal", "objective", "prospective", "possibly", "preliminary" and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur, or other statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and that such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Factors that could cause future results to differ materially from those anticipated in forward-looking statements include risks associated with exploration and drilling; the timing and content of upcoming work programs; geological interpretations based on drilling that may change with more detailed information; possible accidents; the possibility that the Company may not be able to secure permitting and other governmental approvals necessary to carry out the Company's plans; the risk that the Company will not be able to raise sufficient funds to carry out its business plans; the possibility that future exploration results will not be consistent with the Company's expectations; increases in costs; environmental compliance and changes in environmental and other local legislation and regulation; interest rate other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors and exchange rate fluctuations; changes in economic and political conditions; and other risks involved in the mineral exploration industry. The reader is urged to refer to the Company's Management's Discussion and Analysis, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of risk factors and their potential effects.

Forward-looking statements are based on a number of assumptions, including management's assumptions about the following: the availability of financing for the Company's exploration activities; operating and exploration costs; the Company's ability to attract and retain skilled staff; timing of the receipt of necessary regulatory and governmental approvals; market competition; and general business and economic conditions. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268303

LONDON, UK / ACCESS Newswire / September 29, 2025 / Orosur Mining Inc. ("Orosur" or "the Company") (TSX-V:OMI)(AIM:OMI) announces its audited results for the fiscal year ended May 31, 2025. All dollar figures are stated in thousands of US$ unless otherwise noted.

BYD Dynasty D is displayed at the BYD booth during a media day for the Auto Shanghai show in Shanghai, China April 24, 2025. REUTERS/Go Nakamura/File Photo Purchase Licensing Rights, opens new tab

CompaniesHONG KONG, Sept 29 (Reuters) - Chinese electric vehicle maker BYD Co forecast exports will make up about 20% of its global sales this year helped by new model launches, the South China Morning Post

reported, opens new tab on Monday.

BYD forecasts 800,000 to 1 million deliveries outside mainland China in 2025, compared with projected total sales of 4.6 million units, the newspaper said, citing BYD's general manager of branding and public relations Li Yunfei.

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That confirmed a Reuters report earlier this month that BYD has slashed its sales target for 2025 by up to 16% to 4.6 million vehicles as the Chinese EV company faces its slowest annual growth in five years and other signs that its era of record-setting expansion could be drawing to a close.

"International deliveries will make a greater contribution in the years to come," Li said, according to the SCMP, adding BYD's own fleet of car-carrier ships supported the export surge.

In 2024, BYD's sales outside the mainland accounted for less than 10% of its total of 4.26 million deliveries, the newspaper said.

Reporting by Hong Kong newsroom; Editing by Christian Schmollinger

Our Standards: The Thomson Reuters Trust Principles., opens new tab

China's stock market has seen a sharp rally this year as progress on artificial-intelligence, steps aimed at gaining chip self-sufficiency and Beijing's campaign to rein in price wars fuel investor optimism.

But as retail investors push the market higher, and bulls cheer liquidity support and policy tailwinds, some experts are raising questions if the market is entering bubble territory.

The mainland CSI 300 index has climbed about 16% since the start of the year and is hovering close to more than three-year highs. The CSI 300 Information Technology Index, which measures the performance of tech companies within the CSI 300, last week hit its highest level since 2015.

"China's ongoing equity rally appears disconnected with the economic fundamentals," said Raymond Cheng, regional CIO for North Asia at Standard Chartered, adding that "retail investors have played a key role as they have been shifting some of their bank deposits into equity markets."

Retail investors dominate China's onshore stock markets, accounting for around 90% of daily trading, according to HSBC data. That's a sharp contrast with major global exchanges, where institutions lead activity — on the New York Stock Exchange, for example, individual investors make up only 20%–25% of trading volume.

Total Chinese household savings currently stand at more than 160 trillion yuan ($22 trillion), a record high, according to HSBC. However, only 5% is allocated to equities, which means there is room for retail participation to deepen, especially as deposit rates fall and property remains out of favor, analysts told CNBC.

Fundamentals vs. momentum"Fundamentals do not well support the momentum, but markets always lead fundamentals," said Hao Hong, managing partner and CIO at Lotus Asset Management. "There are few signs of overheating in the overall market, but pockets of the market are a little too hot."

"This is not yet a bubble, but it is going that way," said Hong. He pointed to contract research organizations — firms providing research and development services to pharma, biotech, medical device companies — and technology names as the riskiest segments, but stopped short of labeling them as bubbles.

More than $3 trillion in market capitalization has been added across Chinese and Hong Kong equities this year, according to Goldman Sachs. But China's economic data offers little confirmation that a genuine and sustainable rebound is underway, market watchers said.

Japanese financial holdings company Nomura last month warned of excessive leverage and potential "bubbles" as the stock market continues to surge even as China's economy shows signs of sputtering in the second half of the year. 

China's economic slowdown worsened in August as a series of key indicators fell short of expectations. Persistent weak domestic demand and Beijing's efforts to reduce industrial overcapacity weighed on production.

watch now

Industrial output rose 5.2% last month, easing from July's 5.7% growth and marking its weakest pace since August 2024. Retail sales grew 3.4% year on year, below analysts' forecast of 3.9% in a Reuters survey and slower than July's 3.7% growth.

"So far, we have not seen signs of a turnaround in macro fundamentals, although the current momentum might be supported by expectations for structural improvements in the economy," said Chaoping Zhu, global market strategist at J.P. Morgan Asset Management.

Semi-annual reports suggest some stabilization in sectors such as AI, semiconductors and renewables, and Beijing's "anti-involution" push — aimed at reining in price wars — could improve corporate earnings capacity, Zhu said.

For example, Chinese chipmaker Cambricon reported record profits in the first half of the year, jumping more than 4,000% year on year to 2.88 billion yuan ($402.7 million) in the first six months, highlighting the growing momentum of domestic chip companies as Beijing pushes to strengthen its homegrown semiconductor sector.

Still, Zhu cautions that technology valuations may have "priced in very optimistic expectations," leaving the market vulnerable to pulling back before earnings catch up.

SummaryBHP remains a Buy, supported by diversified, low-cost operations, strong financials, and a unique commodity mix including iron ore, met coal, copper, nickel, and potash.BHP's FY25 profit and free cash flow declined due in part to lower commodity prices, prompting a dividend cut and a focus on core operations and cost optimization.BHP is navigating macro headwinds, including China-related challenges and legal settlements, while benefiting from global rate cuts and China's shift to higher-quality ore demand.Valuation still suggests upside potential compared to the current level, although near-term macro pressure and higher CAPEX will persist. Monty Rakusen/DigitalVision via Getty Images

Introduction In my previous article about BHP (NYSE:BHP) (OTCPK:BHPLF), I called them a “Future-Focused Mining Giant To Buy Now” thanks to their diversified, low-cost operations with strong margins, healthy financials, and a

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in BHP over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

SummaryClimb Global Solutions has fresh momentum—up 4.6% YTD and strong the past two months—and has beaten both revenue and earnings estimates three quarters in a row, with growth powered by the DSS.The company has grown revenue and earnings steadily since 2016, showing a scalable model; distribution is the largest and fastest-growing segment.Margins are improving alongside growth: gross margin rose 1.32% versus the 5-year average, EBIT margin also improved, and operating leverage shows up as SG&A falls as a share of revenue.New vendors in line, 4 of 50 potential vendors were added in Q2, DSS brings back-to-school strength, and the new ERP aims to boost efficiency and cash conversion.Financial health is solid: $30m cash, minimal debt. The key risk is slower growth off tough 2025 comps—the bear case puts the stock near ~$100 if growth slips to mid-single digits.Valuation: my discounted EPS model, FWD EPS $4.93, and discount rate of 10%. This points to ~$160 base, ~$244 bull, and ~$100 bear, with sensitivity around ~$176. CLMB is rated a buy, with a strong risk/reward setup. Getty Images

Introduction Climb Global Solutions, Inc. (NASDAQ:CLMB) is up 4.6% YTD and has had strong momentum the past two months. CLMB has managed to beat both earnings and revenue estimates by a big margin the past three quarters and is

Analyst’s Disclosure:I/we have a beneficial long position in the shares of CLMB either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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SummaryThe Coca-Cola Company offers global diversification and a defensive investment profile, appealing to long-term investors seeking stability and reliable income.KO currently faces revenue growth headwinds, with just 1.28% top-line growth over the past year, and trades at a 40% premium to sector median valuations.Despite limited upside, KO's high-quality brand and 3.09% dividend yield justify a Hold rating, with a $71 price target by FY2026.While KO's stability and income are attractive, revenue challenges may lead to underperformance versus the broader market in the near term. hapabapa/iStock Editorial via Getty Images

The Coca-Cola Company (NYSE:KO) (NEOE:COLA:CA) is a global consumer staples name, mainly known for its iconic soft drink. However, the company manufactures, markets, and sells a wide variety of beverage products, including water, coffee, juices, and others. KO is well-diversified and

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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VANCOUVER, BC / ACCESS Newswire / September 29, 2025 / Onco-Innovations Limited (CBOE CA:ONCO)(OTCQB:ONNVF)(Frankfurt:W1H)(WKN:A3EKSZ) ("Onco" or the "Company") is pleased to announce that Nucro-Technics Inc. ("Nucro-Technics"), a Toronto-based contract research organization working in collaboration with Onco to conduct preclinical and analytical development services (see press release July 4, 2025), has initiated laboratory work under the Company's Investigational New Drug (IND) enabling program. The focus of this first phase is to pursue development and validation of advanced analytical methods to measure Onco's exclusively licensed Polynucleotide Kinase Phosphatase (PNKP) inhibitor (the "Technology"), in both preclinical samples and drug formulations.

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e.l.f. celebrates Carter’s journey of leveling the playing field for the next generation of empowered.legendary.females. in the acclaimed film series spotlighting role models who turn adversity into strength.

OAKLAND, Calif.--(BUSINESS WIRE)--e.l.f. Beauty (NYSE: ELF) announces the next chapter of its award-winning, purpose-driven film series, Show Yourse.l.f., featuring Jess Carter, professional soccer player for NJ/NY Gotham FC and the England national team. This episode puts full focus on Carter’s journey to the top of women’s soccer, overcoming obstacles while inspiring the next generation of athletes to see no limits to what they can achieve.

e.l.f. Beauty celebrates Jess Carter’s journey of leveling the playing field for the next generation of empowered.legendary.females. in the acclaimed film series spotlighting role models who turn adversity into strength.

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At the heart of Show Yourse.l.f. is e.l.f.’s commitment to democratize access to beauty, to sports and to dreams. The short film underscores the importance of visibility and access in women’s sports, where barriers still prevent many young girls from imaging themselves on the field, in the stadium or on screen.

Past Show Yourse.l.f. episodes have celebrated changemakers such as activist and astronaut Amanda Nguyen, athlete Anastasia Pagonis, performance artist Viktoria Modesta and artist Chella Man, whose episode was nominated for both a Tribeca X Social Impact Award and a Tribeca X Environmental Impact Award. Each episode shines a spotlight on a trailblazer who redefines what’s possible. Carter continues this legacy, embodying strength, resilience and individuality while boldly disrupting norms with a kind heart in both soccer and self-expression. Show Yourse.l.f. is produced with OBERLAND, an award-winning purpose driven agency.

Jess Carter shared, “I didn’t grow up watching a girls’ football [soccer] team, so I didn’t even know this could be a profession. I just loved the game. Without my coach who started a girls’ team in my hometown, I may never have known that women’s football even existed. Now I get to be that role model I didn’t have, someone little girls can look at and say, ‘She looks like me, she comes from where I come from, and nothing can stop me from doing the same.’”

e.l.f. is putting its muscle behind women in sports because sports participation shapes futures. According to the Women’s Sports Foundation, girls drop out of sports at two times the rate of boys by age 14 and have 1.3 million fewer high school sports opportunities, yet there is a correlation between sports participation and professional achievement. The Billie Jean King Foundation reports that 85% of women who played sports attribute their professional success directly to those athletic experiences.

“Jess Carter is reclaiming power and redefining leadership for the next generation,” said Kory Marchisotto, Chief Marketing Officer, e.l.f. Beauty. “Every time Jess defends the ball on the field, we hear the sound of barriers breaking. Jess shows us that ‘femininity is a woman being her confident self in any format’ whether ‘a princess or a bulldozer.’ That bold truth is the essence of Show Yourse.l.f. – owning your power, walking in your strength and inspiring the world by being unapologetically you."

Carter’s story highlights the universal message of Show Yourse.l.f.: embracing your strength and individuality, no matter the expectations. From pushing through moments of doubt to mastering her own style of play, Carter has redefined both her game and her identity, on and off the field.

In celebration of the launch of Carter’s episode, e.l.f. Beauty is proud to make a donation to South Bronx United, a globally recognized youth development organization that uses soccer as a tool for social change. South Bronx United strives to promote educational achievement, health and wellness, and character development through activities on and off the soccer field.

The new season of Show Yourse.l.f. launches today on e.l.f. Cosmetics’ YouTube channel. Watch Carter’s episode here and tune in to the full Show Yours.e.l.f. series here.

About e.l.f. Beauty

e.l.f. Beauty (NYSE: ELF) is fueled by a belief that anything is e.l.f.ing possible. e.l.f. is a different kind of company that disrupts norms, shapes culture and connects communities, through positivity, inclusivity and accessibility. The mission is clear: to make the best of beauty accessible to every eye, lip and face. e.l.f. Beauty and its brands, e.l.f. Cosmetics, e.l.f. SKIN, Keys Soulcare, Well People, Naturium and rhode, are led by purpose, driven by results and elevated by superpowers. e.l.f. Beauty offers e.l.f. clean and vegan products, all double-certified by PETA and Leaping Bunny as cruelty free, and proudly stands as the first beauty company with Fair Trade Certified™ facilities. With a kind heart at the center of e.l.f.’s ethos, the company donates 2% of net profits to organizations that make positive impacts.

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By Reuters

September 29, 20254:32 AM UTCUpdated ago

Employees work on the Yaris Cross car assembly line at the Toyota Motor Manufacturing France (TMMF) plant in Onnaing near Valenciennes, France, April 4, 2024. REUTERS/Benoit Tessier/File Photo Purchase Licensing Rights, opens new tab

CompaniesTOKYO, Sept 29 (Reuters) - Toyota Motor

(7203.T), opens new tab said on Monday its global sales grew for an eighth straight month in August, as continuing strong demand for some of its hybrid models in the United States offset a weaker performance in Japan.

The automaker's worldwide sales increased 2.2% year-on-year to 844,963 vehicles in August, helped by a 13.6% jump in the U.S. But sales in its home market fell 12.1%.

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Its global vehicle production rose 4.9%, a third consecutive month of growth.

The production and sales figures include Toyota's luxury Lexus brand.

Reporting by Daniel Leussink; Editing by Edwina Gibbs

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Chinese retail brand Miniso plans to spin off its pop-culture collectibles unit and separately list it in Hong Kong, seeking to replicate the success of Labubu maker Pop Mart.

2 hours ago

Jump Crypto has proposed removing Solana’s fixed compute block limit to prioritize high-performance validators to handle complex blocks over suboptimal validators.

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Web3 infrastructure company Jump Crypto has proposed removing Solana’s fixed compute block limit to strengthen network performance and incentivize validators with suboptimal hardware to upgrade.

Jump, which is building a high-performance Firedancer validator client for Solana, is pushing for the SIMD-0370 proposal to be implemented sometime after the Alpenglow upgrade, Solana research company Anza said on Saturday. 

Alpenglow passed in a near-unanimous vote earlier this month and is set to be deployed on a testnet in December.

By removing static block caps, slower validators would skip more complex blocks, leaving them for better-equipped validators to handle, said Anza, a company spun out of Solana Labs: 

“This creates a performance flywheel: block producers pack more transactions to earn more fees. Validators that skip blocks lose rewards, so they upgrade hardware and optimize code. Better performance across the network means producers can safely push limits further.”Source: AnzaSIMD-0370 comes amid broader efforts to improve Solana’s network resilience and diversify its validator client base, with Firedancer launching on mainnet in September 2024 in a limited capacity. 

Solana has become a popular retail blockchain in recent years due to its high-speed, low-fee transactions and plethora of decentralized apps. Solana’s decentralized exchange trading volume has even flipped Ethereum’s on several occasions this year.  

However, sudden rises in network activity have led to network outages in the past, prompting the need for additional upgrades to ensure stability and a smoother user experience.

Earlier proposal aimed to raise the fixed block limit Solana’s fixed compute unit block limit is currently set at 60 million compute units. Without a fixed limit, the block size would scale based on how many transactions a validator could fit into a block. 

The proposal comes four months after Jito Labs CEO Lucas Bruder pitched increasing the compute block limit to 100 million CU under SIMD-0286 in May.

Engineer raises concerns over centralization risksWhile the proposal seeks to incentivize validators to upgrade hardware to earn more fees, it may create centralization risks, engineer Akhilesh Singhania said on GitHub:

“Another type of centralization that we might see is that if the bigger validators keep upgrading to more expensive hardware, the smaller ones who cannot afford to upgrade would be forced to drop out. So as a result, we might end up with fewer big validators.”Alpenglow tipped to be Solana’s biggest protocol upgrade everAnza, which proposed the Alpenglow proof-of-stake consensus mechanism on May 19, said a successful implementation would be “the biggest change to Solana’s core protocol” and even position Solana to compete with current internet infrastructure.

The upgrade is expected to reduce the transaction finality time from about 12.8 seconds to 150 milliseconds, while other upgrades will seek to improve network resilience.

Magazine: How do the world’s major religions view Bitcoin and cryptocurrency?

Bitcoin price found support near $108,680 and started a recovery wave. BTC is trading above $111,000 and facing hurdles near $112,500.

Bitcoin started a fresh recovery wave above the $110,500 zone.
The price is trading above $110,500 and the 100 hourly Simple moving average.
There was a break above a connecting bearish trend line with resistance at $109,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might continue to move up if it clears the $112,500 zone.

Bitcoin Price Starts Recovery
Bitcoin price managed to stay above the $108,500 zone and started a recovery wave. BTC settled above the $109,500 resistance zone to start the current move.

There was a clear move above the 50% Fib retracement level of the downward wave from the $113,940 swing high to the $108,680 low. Besides, there was a break above a connecting bearish trend line with resistance at $109,600 on the hourly chart of the BTC/USD pair.

The bulls even pushed the price above $112,000 before the bears appeared. Bitcoin is now trading above $111,500 and the 100 hourly Simple moving average.

Immediate resistance on the upside is near the $112,400 level. The first key resistance is near the $112,500 level and another trend line. The next resistance could be $113,700 or the 76.4% Fib retracement level of the downward wave from the $113,940 swing high to the $108,680 low.

Source: BTCUSD on TradingView.com
A close above the $112,700 resistance might send the price further higher. In the stated case, the price could rise and test the $113,500 resistance. Any more gains might send the price toward the $114,500 level. The next barrier for the bulls could be $115,00.

Another Drop In BTC?
If Bitcoin fails to rise above the $112,500 resistance zone, it could start a fresh decline. Immediate support is near the $111,300 level. The first major support is near the $110,500 level.

The next support is now near the $109,500 zone. Any more losses might send the price toward the $108,800 support in the near term. The main support sits at $107,500, below which BTC might struggle to recover in the short term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.

Major Support Levels – $111,300, followed by $110,500.

Major Resistance Levels – $112,500 and $112,700.

1 hour ago

Early Hyperliquid users have been rewarded with a massive Hypurr NFT airdrop, with the free digital cats now worth over $64,000.

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Early adopters of the perpetuals-focused layer-1 blockchain Hyperliquid were rewarded handsomely on Sunday after the Hyper Foundation finally airdropped the much-awaited Hypurr non-fungible token collection. 

At the time of writing, the Hypurr NFTs have a current floor price of around 1,458 Hyperliquid (HYPE), or $68,700, according to OpenSea data.

However, there have already been eye-watering sales well above that range. The Hypurr #21 NFT with the extremely rare “Knight Ghost Armor” and “Knight Helm Ghost” traits went for 9,999 HYPE, worth $467,000, on Sunday. 

Demand was also so high before launch that certain NFTs were sold for as much as $88,000 via OTC desks earlier this month, per DripTrade data.

Such trades were possible through DripTrade’s OTC system, which enables buyers and sellers to agree on a set sale price before launch. The seller must then fulfill the trade within seven days of receiving the NFT, or forfeit collateral put forward as part of the agreement.

The whopping $467,000 sake of Hypurr NFT #21. Source: OpenSea
Amid a cost-of-living crisis globally, the novelty of receiving a digital cat picture for free, worth more than some people’s annual salary, was not lost on the crypto community.

“CT is really a special place in hell. Average person struggling to get by or buy groceries and you have people posting their $50,000 hyperliquid cat NFTs they got for free,” said X user MoonOverlord.

While DidiTrading said: “Received an Hypurr NFT which is valued at $50k. I’m usually not good at valuing these things so I will give the market some time to find an equilibrium before I decide what I will do with it.”

Are Hypurr NFTs set to take over the market? The Hypurr NFTs were deployed on the HyperEVM on Sunday and depict cartoon cat avatars with a range of different traits.

The NFTs were primarily issued to the most active participants in the “Genesis” event in November 2024, which revolved around the launch of the HYPE token.

There are 4,600 NFTs in total, with 4,313 going to Genesis event participants and the remainder divided up among the Hyper Foundation and core project contributors, according to a post on X on Sunday.

“The goal of the Hypurr NFT collection was to share a memento with those who believed in and contributed early on to Hyperliquid’s growth. Each NFT is unique and captures the different moods, hobbies, tastes, and quirks of the Hyperliquid community, as depicted by Hypurr,” the Hyper Foundation post reads. 

In terms of 24-hour volume, OpenSea data shows that 952,000 HYPE have changed hands, worth around $44.6 million at current prices. 

Magazine: ETH co-founder moves $6M of ETH, crypto index ETF expands: Hodler’s Digest, Sept. 21 – 27

Polkadot’s new pUSD stablecoin, built on Honzon, sparks fears of repeating aUSD’s collapse and Acala’s failed design.Backed solely by DOT, pUSD risks liquidation cascades and selling pressure without collateral diversification like MakerDAO’s DAI.Despite doubts, pUSD could boost Polkadot DeFi if governance ensures security, transparency, and independence from past failures.Polkadot (DOT) is preparing to launch a new stablecoin, pUSD, through the RFC-155 proposal. The Polkadot community is championing pUSD as a key solution to unleash its DeFi potential, cut dependence on USDT/USDC, and boost ecosystem autonomy.

However, some are concerned that they might repeat past mistakes. pUSD is an over-collateralized stablecoin fully backed by DOT, deployed on Asset Hub, and using the Honzon protocol developed by Acala. Acala is the former issuer of aUSD, a stablecoin project that failed disastrously.

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Can pUSD Stablecoin Avoid the Same Fate as aUSD?
Reusing Honzon – the framework Acala previously relied on to issue aUSD is raising concerns. That incident eroded trust in the Acala team, with some even accusing them of “blaming a hack” while failing to compensate users adequately.

“Acala’s stablecoin (aUSD) launch was a complete disaster and it really killed my trust in the team. I don’t see myself supporting their project anymore. What I’d love to see is a proper, reliable, native solution. Honestly, it’s frustrating that with all the talent in the Polkadot/Substrate space, nobody has managed to build something better yet.” – A community member shared.

Approval rate of the proposal at the time of writing. Source: Polkadot
Even those who support Polkadot launching its native stablecoin still see Honzon and Acala as lessons that cannot be ignored. They propose the project should “move forward independently from the Acala team.” In addition, they call for the Technical Council to take clear responsibility for governance.

“With these assurances, I would be prepared to vote AYE. Without them, the risk of repeating past mistakes is too great.” Another member noted.

Too Many RisksSponsored

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Setting aside concerns about Honzon and the Acala team, Polkadot’s pUSD also faces skepticism within the community. One primary reason is the structure that DOT solely backs it.

While the exact overcollateralization ratio remains unclear, this could trigger liquidation cascades and add selling pressure on the token. Although the pUSD model is safer than Terra’s UST because it is overcollateralized, relying only on DOT as collateral introduces significant risks.

Previously, MakerDAO’s DAI also started as ETH-only collateral. But today, MakerDAO supports Multi-Collateral DAI (MCD). They allow users to back DAI with crypto assets such as ETH, WBTC, LINK, UNI, stETH, and even Real World Assets (RWAs) like US Treasuries.

“Backed only by DOT, which could trigger liquidation cascades and add additional selling pressure on the token. Remember the notorious DAI depeg in 2020, which forced MakerDAO to diversify its collateral.” A user on X commented.

Additionally, another X user pointed out that the Polkadot ecosystem already has more advanced native solutions like HOLLAR. The Hydration runtime builds this stablecoin, optimizes it for appchains, and positions it as superior to the legacy aUSD architecture. Therefore, many argue that instead of repeating a “regular” EVM model, Polkadot should leverage its unique strengths. This would enable the creation of a stable, secure solution worthy of its ecosystem’s potential.

pUSD is undoubtedly a strategic move by Polkadot to unlock DeFi potential. It could bring significant benefits if it proves secure and sees widespread adoption in the ecosystem. However, the ghost of aUSD’s failure continues to cast doubt within the community.

To avoid repeating the same mistakes, Polkadot must work to dispel those lingering concerns. The fact that the DOT supply is capped at 2.1 billion, as reported by BeInCrypto, could help fuel the ecosystem’s growth.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

Chainlink (LINK), one of the leading oracle networks in the crypto market, has come under intense selling pressure this week, with prices tumbling 16.68% to $20.4. The sharp decline has been largely driven by large investors, commonly referred to as whales, who have offloaded substantial amounts of LINK in recent days.

Multiple Network will replace its compromised MTP token and commit to a year-long buyback program after a third-party market maker unlocked and dumped tokens without authorization.

Summary

MTP compromised by unauthorized market maker unlocks.
New token contract launched with 1:1 swap.
$1M buyback plan and legal recovery underway.

The incident, which polluted the token supply and drove sharp price declines, prompted the team to initiate an emergency swap and legal recovery measures.

According to the project’s Sept. 29 announcement, trading was suspended at 2:00 AM UTC for a snapshot of balances. With the deployment of a new BEP-20 contract on BNB (BNB) Chain, MTP tokens are automatically allocated to verified on-chain and exchange holders in a 1:1 ratio.

The new MTP’s trading, withdrawals, and deposits have all resumed, as per exchanges like Binance.

Buyback plan and legal action
To restore confidence, the team committed to repurchasing at least $1 million worth of MTP within 12 months. Between $50,000 and $100,000 will be bought back monthly during the first six months, with the scale for months seven to twelve determined by market conditions. 

https://twitter.com/mtp_network/status/1972474648010117320?s=46&t=nznXkss3debX8JIhNzHmzw

In addition, all funds recovered through legal action against the market maker will be used for further buybacks. The team noted that judicial proceedings have reached a critical stage and updates will follow once disclosure is permitted.

Timeline of the crisis
The breach surfaced on Sept. 23 when community managers confirmed that a market maker violated lock-up terms, leading to unauthorized token dumps. Price dropped as low as $0.002101, with market cap sliding significantly. By Sept. 27, the team advised traders to use exchanges instead of on-chain markets due to contaminated supply. 

Multiple Network, a DePIN project focused on Web3 privacy acceleration for AI, had launched MTP in August with an initial listing on Binance Alpha. The token briefly reached $0.0456 but later fell more than 40% amid sell pressure and the breach. The swap and buyback plan aim to stabilize the ecosystem and protect legitimate holders going forward.

In brief
U.S. spot Bitcoin ETFs saw $902.5 million in outflows last week, ending a four-week streak of inflows.
Fidelity’s FBTC lost $300.4 million Friday, followed by $37.3 million from BlackRock’s IBIT.
One expert cited profit-taking and portfolio rebalancing, though long-term institutional adoption remains intact.
U.S. spot Bitcoin exchange-traded funds turned red last week, ending a four-week streak of inflows as this year’s third quarter comes to a close.  

Last week saw $902.50 million in netflows, marking a more than 30-day low that was largely attributed to Friday’s outflow of $418.25 million, SoSoValue data shows. 

Fidelity’s FBTC product saw the largest outflow on Friday, totalling up to $300.41 million, followed closely by $37.25 million from BlackRock’s IBIT.

It's mainly due to a “function of profit-taking and portfolio rebalancing as we approach quarter-end,” Shawn Young, chief analyst of MEXC Research, told Decrypt.

Still, Young believes there’s more room to run, pointing to how the products are being “actively traded as part of mainstream portfolio management.”

“The long-term trajectory of institutional adoption remains intact,” he said.

Bitcoin has struggled to regain the momentum it experienced in mid-August, when the asset reached a new all-time high just above $124,000.

Bitcoin’s September returns remain positive for the month at roughly 3.2% despite hitting a low of $108,600 last week. The world's largest crypto has rebounded on the day, up slightly by more than 2% to $111,800, according to CoinGecko data.

The lack of follow-through from sellers demonstrates resilience in absorbing pressure, Young said, noting that Bitcoin is in a state of consolidation, not weakness.

“The market is essentially waiting for a clearer macro signal, and this can be from the Fed, U.S. government policy, or liquidity trends before making its next decisive move.”

And with Bitcoin typically returning more than 50% in the fourth quarter during past bull runs, the mood remains optimistic.

Young expects “heightened volatility” and a potential for “trend-setting moves” in the coming months, characterized by renewed momentum and opportunities for investors to build on their existing positions.

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More than half of U.S. smartphone users rely on Apple.

Apple (AAPL -0.57%) has been a laggard in tech lately. Not only is it trailing the other large tech stocks, it's trailing the market's gains, roughly flat year to date.

But don't give up on Apple so fast. It's had several moments over the past few decades where it lagged for years before booming again. And there are good reasons to be confident it can make another comeback. Here's one of them.

Image source: Getty Images.

The user favorite
Apple's most popular product is the iPhone, and it accounts for around half of Apple's total sales. Customers consistently upgrade when there are new launches, and even people who hold on for years eventually need to get a new phone for one reason or another.

Nearly all U.S. adults own a smartphone today -- 91% according to Pew research. Apple accounts for more than half of U.S. smartphones, which is a massive moat that's not easily overcome, no matter how much technology today is changing. If it is changing, Apple is usually leading.

Recently, users and investors alike have been disappointed in how Apple's artificial intelligence (AI) initiative, Apple Intelligence, is coming along, or more accurately not coming along. But over the next five years, it's likely to have its own breakthrough, and coupled with the iPhone's advantages of quality and ease of use, it should keep customers close to the brand. iPhone sales increased 13% year over year in the 2025 fiscal third quarter (ended June 28), demonstrating that despite its size and market share, the iPhone can still generate high sales. As the AI race speeds up, look for Apple Intelligence to boost iPhone sales further and for Apple to make a healthy comeback.

Jennifer Saibil has positions in Apple. The Motley Fool has positions in and recommends Apple. The Motley Fool has a disclosure policy.