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Investor Bastion Trading stated that it will not participate in the proposed $201 million tender offer unless SkyAI addresses governance, disclosure, and pricing issues. Bastion Trading and its affiliates collectively hold approximately 9.99% of SkyAI's common stock, and SkyAI plans to acquire up to 95% of its outstanding shares and eligible warrants at $3 per share.Bastion Trading questioned the scale of SkyAI's sale of approximately 70% of its SOL treasury assets. SkyAI previously stated that it had sold around 1 million SOL, but subsequent regulatory filings showed that it has only about 600,000 left; Bastion Trading demands disclosure of the sale dates, average transaction prices, proceeds, transaction costs, and approval processes, and calls for an independent review before the tender offer begins.Bastion Trading also requested the replacement of SkyAI board members, the establishment of an independent special committee to oversee the tender process, and an increase in the offer price to at least $3.50 per share. It simultaneously demanded the removal of the $100 SOL price condition and the 50% minimum participation threshold, the exclusion of strategic advisor warrants, and a prohibition on insiders tendering their held securities.

According to a report released by Chainalysis on Wednesday titled "North America: The Inside Story of Growth in Agency Commerce," the United States will become a net inflow country for Bitcoin in 2026, marking the first time since 2022. The data shows that institutions have continued to buy Bitcoin this year, while retail investors are generally in a selling position. The report states that dollar stablecoins provide a way for those without U.S. bank accounts to hold dollars, while Americans already have dollar accounts, leading other parts of the world to turn to digital dollars, with Americans increasingly relying on Bitcoin as a scarce store of value.The report points out that since the launch of the spot Bitcoin ETF in 2024, the U.S. share of global Bitcoin activity has been rising in each reporting period, even though the U.S. crypto economy size (2.78 trillion dollars) shrank by 2.2% during the bear market, it still retained most of the nearly doubled gains by 2025. The U.S. Securities and Exchange Commission approved the Bitcoin ETF in January 2024, after having rejected such products for a decade; these funds managed by Wall Street institutions such as BlackRock, Fidelity, and more recently Morgan Stanley, set the record for the most successful issuance in ETF history.The report also states that stablecoins have transformed U.S. debt into the preferred currency for peer-to-peer economies and cross-border enterprises, with stablecoins continuously entering new application scenarios in 2026, mainly occurring overseas, bringing billions of dollars in economic activity to U.S. businesses and government. Since Donald Trump took office, several laws and executive orders supporting the crypto industry have been signed, including the GENIUS Act signed in 2025, which allows entities such as banks to issue stablecoins, provided they are backed by assets like U.S. Treasury bonds and disclose reserve status monthly.

According to Coinglass data, if BTC falls below $78,166, the cumulative long liquidation intensity on major CEXs will reach $1.695 billion. Conversely, if BTC breaks above $85,909, the cumulative short liquidation intensity on major CEXs will reach $1.126 billion.

Google DeepMind released the first comprehensive empirical assessment of automation in machine learning research and development in the Gemini 4 Argon security report. The conclusion is that AI has not accelerated the R&D of AI itself, despite the fact that AI has written most of the code delivered by the lab's engineers. Researcher Haydn Belfield, who participated in the assessment, stated on X that there is currently no significant end-to-end ML R&D acceleration, so the risks of AI-driven ML R&D are currently low.The team built an internal index, GCI v1, which synthesizes the scores of 123 AI models across 92 benchmarks into a single value. The cutting-edge Gemini capabilities are improving at a stable rate of about 0.1 GCI points per month, with Gemini 1.5 Pro approaching 0.5 points by the end of 2024, Gemini 3.8 Flash slightly above 2.9 points by September 2026, and Argon about 3.3 points above the trend line. However, Belfield noted that this is due to increased computing power and organizational investment, rather than AI-driven acceleration.Over 75% of the code produced by DeepMind is written by AI, and the proportion of fully delegated code merge requests increased from 7.5% to 11.9% between April and September, but about 88% of requests still require multiple rounds of human guidance or manual writing. A survey of 12 senior researchers showed that automation is highest in clearly defined, verifiable execution tasks and lowest in areas such as open science concepts, new experimental designs, and unstable diagnostic training.

According to The Block, publicly listed Bitcoin mining company CleanSpark and BitFuFu saw a month-on-month decline in Bitcoin production in September, while Canaan's production remained the same as in August. CleanSpark mined 529 BTC in September, a decrease of nearly 11% from 593 BTC in August; BitFuFu produced 167 BTC, down 4% from 174 BTC in August; Canaan mined 44 BTC, the same as in August.As of the end of September, CleanSpark held 13,530 BTC, down from 13,703 BTC at the end of August. The company stated that it sold 2 BTC on the spot market and exercised call options to sell 700 BTC at an average price of $72,928 each. CleanSpark also announced that it would stop releasing monthly mining updates and switch to quarterly reports to focus more on its continuously expanding data center business. Last week, the company completed a $2.276 billion issuance of senior secured notes to fund the construction of its data center campus in Sandersville, Georgia, which is expected to generate approximately $6.6 billion in revenue. CleanSpark's stock CLSK closed at $8.76 on Thursday, down over 24% year-to-date.BitFuFu's self-mining output in September increased from 88 BTC in August to 98 BTC, an increase of over 11%, but its cloud mining output decreased from 86 BTC to 69 BTC, a decline of nearly 20%. Its Bitcoin holdings slightly increased to 1,388 BTC.

According to CNBC, Apple (AAPL.O) has partnered with Meta Platforms (META.O) to enable the Muse AI model to run on Mac computers.

According to Chainalysis, one of the biggest victims in the theft incident involving the cryptocurrency hardware wallet manufacturer Ledger was also a scammer, suffering a loss of over 60 BTC, worth approximately 4.8 million dollars, with funds coming from a task scam.In this scam, participants were paid to create fake sales and reviews for real products. Subsequently, a "negative balance" appeared, and participants were told that they had to invest their own funds to receive payment. On September 22, the mastermind behind the scam transferred the funds to three separate Ledger addresses. On October 9, the thieves emptied all three addresses, transferring the funds to the same wallet through a single transaction from each address. The receiving wallet has been reported to be involved with the stolen funds.

The Brazilian Securities Commission (CVM) issued Resolution No. 249, launching a tokenized securities experimental project to test simulated stock trading and securities issuance, operation, and management on a blockchain network. The project will take place in a controlled environment, using stocks and funds that are specially created simulated assets, without involving real financial risks.The project will compare the advantages and disadvantages of public chains versus private chains for securities business and assess risks such as network security, smart contracts, interoperability, and network resilience. The blockchain networks participating in the pilot must encode market rules into smart contracts, maintain privacy in securities operations, and be subject to audits by regulatory agencies. Brazil's largest stock exchange, B3, is building a tokenization platform, which is scheduled to launch in 2027 and will use a self-developed stablecoin. Initially, it will not provide round-the-clock trading and will integrate liquidity pools of digital assets and traditional markets.

According to Variety, CNN has reached a multi-year partnership agreement with Google (GOOG.O) aimed at promoting the application of generative artificial intelligence.

Financial services company Charles Schwab has launched direct trading of Bitcoin and Ethereum for eligible retail clients. The company manages approximately $13.33 trillion in client assets and has 40.3 million active brokerage accounts. Charles Schwab CEO Rick Wurster stated that the company is gradually opening up cryptocurrency transfer in and out functions, with plans to add trading for Solana, Avalanche, and Chainlink by the end of 2026.Currently, transfers support the Bitcoin network and the Ethereum network, and withdrawal addresses must be registered in advance. Schwab Crypto trading fees are 0.75%, with a minimum transaction amount of $1 and a maximum of $2 million. Rick Wurster mentioned that cryptocurrency trading will become one of the new revenue sources based on transactions; the platform is currently not open to clients in New York, Louisiana, U.S. territories, and international markets.

According to market news, Binance.US is seeking to raise $100 million to expand its cryptocurrency business.

According to The Block, the developer of the tokenized asset settlement platform Multiliquid, Uniform Labs, has raised a total of $8 million in seed and pre-seed funding rounds, with the latest seed round led by Polychain, and participation from Strobe Ventures, CMT Digital, Metalayer Ventures, Generative Ventures, and Circle Ventures.Multiliquid supports institutions in converting between tokenized assets and stablecoins through single atomic transactions, and is currently deployed on Ethereum and Solana.

According to The Block, Nasdaq-listed Solana reserve company DeFi Development Corp. (DFDV) announced that it will raise the annual dividend yield of its CHAD preferred stock from 13% to 14%, effective November 2. Based on a par value of $10 per CHAD share, the annual dividend will increase from $1.3 per share to $1.4 per share, paid once every business day, contingent upon the company's board declaring the dividend. The company stated that future funds raised from CHAD issuance will be used to expand its Solana reserves, which generate income through staking and validating node operations.CEO Joseph Onorati stated that raising the dividend yield to 14% will help expand investor participation and grow the scale of CHAD. He noted that the appeal of CHAD lies in providing double-digit dividend income through Nasdaq-listed preferred securities, with daily payouts, while the issuer holds income-generating SOL reserves. The company aims to position CHAD as a leading digital credit tool, enhancing the ability to accumulate SOL, adding value for common stock shareholders, while maintaining prudent capital management.DeFi Development increased its holdings by approximately 22,070 SOL and equivalent assets last week, raising its total holdings to about 2.59 million SOL; the company stated that CHAD reached a new trading price high that week and recently approved a buyback plan to repurchase up to all issued CHAD shares.

According to The Defiant, OKX announced the launch of the Onchain Spot and Perps public beta within its app. Qualified users can use free points (XP) to simulate trading in stock, index, and commodity markets, preparing for subsequent real fund trading. This simulated trading competition shares a prize pool of 250,000 USDT with Outcomes Season 3, running from October 14, 22:00 EST to November 14, 11:00. XP points have no cash value and cannot be withdrawn, transferred between accounts, or exchanged for financial instruments.The first simulated markets include gold, S&P 500 ETF, SpaceX, and Nvidia themes, with separate trading pairs for spot and perpetual contracts. Participants are testing trading strategies rather than purchasing shares of the aforementioned companies. OKX's product announcement indicates that qualified customers come from Southeast Asia, Northeast Asia, the Commonwealth of Independent States, as well as the Middle East and North Africa; users must complete identity verification and use a passkey to open a dedicated on-chain account through their existing OKX account.The trading venue operates on Exchange OS built on X Layer, and OKX refers to this account as self-custodial, supporting a unified balance between spot, perpetual contracts, and Outcomes. The spot and perpetual markets share margin, eliminating the need for internal transfers between product accounts.OKX stated that after the competition ends, real fund trading will be opened, allowing users to fund their on-chain accounts from their OKX exchange accounts, with spot and perpetual contracts settled on-chain in USDS. The activity XP and positions will not convert to real fund positions.

According to The Defiant, the on-chain insurance protocol Firelight based on the Flare network announced on October 15 that its on-chain insurance has launched the Protected Strategies USDC vault for Kraken DeFi Earn, providing a collateral-backed compensation mechanism for specific protocol failures.The independent manager of the vault, Sentora, insures the vault rather than Kraken itself. Depositors do not need to actively choose to participate, but the insurance comes with conditions: Kraken discloses that the compensation limit for each deposit address during each insurance period is $100,000, and the total compensation amount is also constrained by the overall vault limit and available capital. Compensation is issued by Sentora in USDC to eligible wallets, and Kraken does not provide funds or guarantees.Firelight lists six types of failures that are eligible for compensation: smart contract vulnerabilities, oracle failures, governance attacks, and bad debts, depegging, or redemption failures caused by protocol mechanism failures. Insurance only applies to markets and positions recorded during the insurance period. Normal fluctuations, normal liquidations, depegging that operates as designed during redemption, and withdrawal delays caused by high organic utilization are excluded; insider theft, stolen private keys, phishing, and regulatory actions are also not covered.The trigger conditions for redemption failure are if the insured position cannot be withdrawn for more than 72 consecutive hours, or if the amount returned after deducting disclosed fees is less than 90% of fair value. Compensation does not require depositors to file claims themselves, as it is determined by a five-member risk committee through a three-fifths majority vote.On-chain records show that the insurance scale marked as "Kraken DeFi Protected" is $30.5 million.

According to Coinglass data, if ETH breaks through $2,453, the cumulative short liquidation intensity on major CEXs will reach $1.322 billion. Conversely, if ETH falls below $2,232, the cumulative long liquidation intensity on major CEXs will reach $500 million.

According to Coinglass data, if BTC breaks through $84,078, the cumulative short liquidation intensity on mainstream CEX will reach $2.276 billion. Conversely, if BTC falls below $76,602, the cumulative long liquidation intensity on mainstream CEX will reach $1.065 billion.

According to The Block, Matt Hougan, Chief Investment Officer of the cryptocurrency asset management company Bitwise, stated that regardless of whether artificial intelligence drives economic prosperity, investment bubbles burst, or growth remains moderate, Bitcoin will ultimately benefit.Hougan mentioned that if the artificial intelligence-related market crashes, Bitcoin may initially decline. He anticipates that subsequent government bailouts and monetary expansion will drive Bitcoin prices up.