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Today on TwoComma
Wednesday October 21
- OCC issues first final rule under the GENIUS Act crypto The U.S. bank regulator issued the first federal final rule for stablecoin issuers, effective Jan 18.
- UK inflation rises to 3.5% in September markets ONS data show CPI rose 3.5% in the 12 months to September, up from 3.1% in August, with motor fuels the biggest upward driver.
- Musk says SpaceX and Tesla are weighing a merger markets On SpaceX's Q3 earnings call, Musk said independent committees at both firms are assessing a tie-up but have not agreed terms.
- Zcash developers pick NU7 activation block crypto Developers settled on block 3,543,405, expected around Nov 5, for the NU7 upgrade that cuts block times to 25 seconds from 75.
- PHP patches 2 critical remote-code flaws ai-tech Fixed builds are 8.2.35, 8.3.36, 8.4.27 and 8.5.12.
- Meta Q3 revenue rises 26% to $64.6B; non-voting stock planned markets The board approved a listed Class C share with no votes, effective January 2027, for capital raising, pay and deals.
- Tesla Q3 net income falls 43% to $787M markets Revenue held near $28.0B versus a year earlier while operating expenses rose 39% to $4.8B, so the profit drop came from costs rather than sales.
- Solana activates Alpenglow consensus upgrade crypto The Votor phase replaced the TowerBFT voting system at epoch 1064 and targets finality of about 150 milliseconds.
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