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On October 1, PR Newswire reported that AI-native cloud service provider GMI Cloud announced the completion of $668 million in financing, which includes $223 million in Series B equity financing and $445 million in credit facilities. The Series B round was led by ARCHIV, an AI and robotics firm based in San Francisco, with participation from NVIDIA, DSC Investment, Trend Micro, KB Investment, Kyobo Life, and KT. The credit facilities were led by China Trust Commercial Bank (CTBC). The company stated that its annual recurring revenue from contracts has surpassed $600 million, projected to exceed nine times that by the end of 2025, with its inference platform processing approximately 40 trillion tokens weekly. The funds will be used to expand GPU capacity in the United States, Taiwan, and other regions in the Asia-Pacific, with the valuation not disclosed.
On October 1, ether.fi stated that it has noted a security incident that occurred earlier with an Ethereum node operator; weETH has no exposure to this incident and remains unaffected, with all funds secure.
On October 1, 2026 FOMC voting member and Minneapolis Fed President Kashkari stated that the inflation rate remains too high, currently around 3%, and the latest data has not changed this situation; despite facing shocks, the economy remains strong. He mentioned that the longer the economy stays strong, the more he questions the extent of monetary policy tightening, and he expects one more rate hike this year and another in 2027, hoping the Fed can reduce inflation through moderate actions.
On October 1, according to on-chain tracking account Onchain Lens, a whale withdrew 2,000 ZEC (approximately $2.82 million) from Binance through two wallets, subsequently consolidating the funds into its main holding wallet. The main wallet now holds approximately $66.19 million in ZEC.
On October 1, according to on-chain tracking account Onchain Lens, a Multicoin Capital wallet deposited 92.38K HYPE (approximately $8.34 million) into Coinbase Prime, possibly with the intention to sell.
According to AXIOS: A U.S. official and another informed source revealed that after negotiations between the U.S. and Iran stalled, Rubio demanded on Monday that the Iranian UN delegation leave the United States immediately. This move constitutes a rare diplomatic rebuke.
On October 1, according to monitoring by OnchainLens, Ripple has completed the unlocking of 1 billion XRP through its escrow account, with a total value of approximately $1.49 billion.
On October 1, Goldman Sachs stated that the inflation data released by the U.S. on Wednesday, along with remarks made by New York Fed President John Williams yesterday, led them to believe that a rate hike by the Federal Reserve in October is now unlikely. Economists Jan Hatzius, David Mericle, and Alec Phillips noted in a research report that based on the latest inflation report, the core PCE year-over-year growth rate is expected to be 3.0% in the fourth quarter, significantly lower than the FOMC participants' median forecast of 3.4%. As a result, the bank has postponed its expectation for the second rate hike to December, while also considering the possibility that the FOMC will ultimately determine that no further rate hikes are necessary.
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