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Lily Liu, the chair of the Solana Foundation, posted on platform X, stating, "We held the first Capital Markets Summit in Shanghai, China, on Thursday. There, we gathered hundreds of asset allocators and builders from China and around the world to discuss capital formation around innovation."Lily Liu also stated that the market capitalization of domestic listed companies in China is only 1/6 of that of comparable profitable companies in New York, and there are over 50,000 small and medium-sized enterprises waiting for IPO opportunities.

BitTorrent announced that its brand upgrade is officially launched, and it has simultaneously completed the first quarter BTT buyback and destruction.BitTorrent now operates as a unified master brand, integrating content distribution, decentralized AI inference computing services, and Layer 2 infrastructure into an integrated service loop aimed at Web3 and AI. Meanwhile, 100% of the Q3 revenue generated from decentralized services has been used to buy back and permanently destroy 21,621,611,570,729.6 BTT (approximately 7.6 million USD) from circulation.The implementation of the unified master brand and deflationary economic model not only strengthens brand synergy and ecological resource integration but also transparently binds ecological growth and token value through buybacks and destruction, building a more sustainable infrastructure for Web3 and AI applications. Welcome to explore the upgraded BitTorrent and check the official announcement and destruction details.

According to Catcher Predict monitoring, in the market prediction event on Polymarket "LoL: FURIA Esports vs. Cloud9 - World Championship Qualifiers," the "Total Kills Over/Under 27.5 in Game 1?" sub-market's "Over" option win rate has experienced significant fluctuations, soaring from 38% an hour ago to the current 57.5% (a fluctuation of 19.5%). Please note the impact of related breaking news.

Changxin Technology announced that it expects its operating revenue for the first three quarters of 2026 to be approximately 265 billion to 270 billion yuan, an increase of 232.916 billion to 237.916 billion yuan compared to the same period last year; it is expected that the net profit attributable to shareholders of the listed company will be approximately 131 billion to 132.5 billion yuan, compared to a loss of 5.28 billion yuan in the same period last year, achieving a turnaround.The company stated that due to the growth in demand for AI computing power and the improvement in the prosperity of the DRAM industry, there is a supply shortage of products and prices have risen sharply; the company is advancing capacity construction, product research and development, and process technology improvements, optimizing operational management and expanding the market.In addition, the company's chairman, Zhu Yiming, proposed to repurchase company shares for 1 billion to 2 billion yuan, with the repurchased shares intended for employee equity incentives, employee stock ownership plans, or reducing registered capital. The relevant plan still needs to go through the review process.

On October 16, Circle announced that in the first half of 2026, the on-chain settlement amount of USDC exceeded $36 trillion, and Circle minted and redeemed over $315 billion of USDC during the same period, averaging about $1.7 billion per day. The company stated that as of June, USDC accounted for approximately 77% of the global stablecoin trading volume, an increase from 60% a year ago.More attention from the market is focused on the income distribution of USDC. Circle disclosed that the company generated approximately $1.4 billion in revenue in the first half of the year, of which about $819 million was allocated to USDC distribution partners and transaction costs, accounting for about 59% of the revenue; another approximately $473 million was invested in licensing, banking partnerships, settlement liquidity, compliance systems, product development, and multi-chain deployment, accounting for about 34%. According to the announcement, for every $1 of revenue Circle earns, it ultimately retains only about 7 cents in net profit.This announcement may be in response to market concerns regarding "the monopolization of reserve income by stablecoin issuers." Circle stated that partners can share corresponding reserve income by holding and expanding their USDC balances on their platforms; currently, more than 150 trading platforms, wallets, banks, fintech companies, payment platforms, and enterprises have formed economic interests tied to the growth of USDC. Circle also mentioned that Binance signed a five-year commercial agreement with it in September and invested $100 million in Circle.On the product side, Circle announced the expansion of its free redemption mechanism: all Circle customers can still redeem USDC for free through traditional banking channels, with the funds typically arriving within two business days; customers who make payments through the Circle Payments Network or use eligible products such as Arc, Circle Mint, and Circle Wallets will be able to enjoy free, near-real-time redemption capabilities.

According to official news from Visa, the stablecoin pre-funding capability of Visa Direct has transitioned from the pilot phase to commercial deployment. Payment infrastructure provider Inyo Global has become the first service provider to put this functionality into production, supporting eligible Visa Direct clients and partners.

Federal Reserve Chairman Waller stated that artificial intelligence will impact the economy on the demand side before affecting the supply side.

According to The Block, French Bitcoin treasury company Capital B announced its performance for the first half of 2026, reporting a net loss of 69.5 million euros (approximately 77.9 million dollars), with revenue increasing by 3.5% year-on-year to 5.8 million euros (approximately 6.5 million dollars).As of September 30, Capital B's strategic Bitcoin reserves increased to 3,538 coins, with an average purchase price of 87,805 euros (approximately 98,460 dollars).

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.

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 PR Newswire, Solana Mobile, the mobile business of the Solana ecosystem, announced at the Ledger Op3n 2026 event in Paris that the hardware wallet company Ledger has become its first hardware expansion partner. The Solana dApp Store and wallet will merge into the Seeker app and integrate with the new device Ledger Atom, which will be pre-installed on the device's home screen for users to access the Solana ecosystem. Pre-orders for Ledger Atom are now open.Ledger Atom is based on the Android open-source project and features a secure element running Ledger OS, with a protection level of EAL6+, displaying and touch control physically isolated from the Android system. Signing and approval are completed in secure mode, and the device includes tamper-proof and tamper-evident solutions, sold exclusively through the Ledger official website. The built-in app store currently has over 1,500 applications covering categories such as trading, payments, gaming, and AI. Existing Seeker users are unaffected, and developers can reach more devices with a single submission.This collaboration builds on Solana Mobile's opening of the Solana Mobile Stack to Android manufacturers at the World Mobile Communications Conference in March 2026. The SKR token is used to reward user participation, developer building, and hardware vendor integration. Seeker has a transaction volume exceeding $13 billion, with 154 million transactions and over 200,000 devices sold; the company shipped Saga in 2023 and will ship Seeker in 2025.

The tokenized U.S. stock issuer EQX Labs announced the launch of EQX, which will issue tokenized U.S. stocks and ETFs natively in the form of HIP-1 tokens on Hyperliquid's HyperCore. The first 11 markets will soon open for 24/7 trading on Hyperliquid's public order book, and the tokens can be traded without permission.The EQX token is issued by the independent portfolio company EQX SPC Ltd. in the British Virgin Islands and is classified as a limited recourse note backed by stocks, with each code corresponding to an independent portfolio. Authorized participants can exchange between shares and tokens, and the issuer does not charge any related fees. The supported assets are held 1:1 by custodians connected to DTC, currently including Alpaca, StoneX, and Clear Street. Shares pending delivery will be displayed separately as in transit and should be settled on the next U.S. business day. The issuer is held by the Cayman purpose trust EQX STAR Trust, and EQX Labs does not hold this issuing entity.Holders can submit voting instructions via on-chain signatures, and dividends will be automatically reinvested in the same stock after withholding. Stock splits will be reflected in the supported shares. Once Hyperliquid's proposed HIP-1 expansion goes live, EQX plans to directly allocate dividends to holders' accounts. There are no issuer fees for creation, redemption, and holding, and trading is subject only to Hyperliquid's standard spot trading fees, with related business supported by trading fees shared by Hyperliquid with HIP-1 deployers.

On October 14, the stablecoin payment blockchain Tempo announced that the payroll payment platform Deel has become the first customer to use its Zones privacy system in a production environment, with contractor balances and payment histories no longer publicly accessible. According to the case study released by Tempo, the funds deposited by Deel's treasury department into its Zone remain visible on the public network, but which contractors received payments, how much each received, and what assets they hold are private; contractors can view their own balances, while Deel retains access for reconciliation and auditing.Each Zone maintains a private ledger connected to the Tempo public network through a portal that holds endorsed assets. According to Tempo's privacy documentation, operators can read the ledger, while deposits and withdrawals will leave records on the public network, including the amount of tokens and public network addresses. Operators can also restrict the participants and assets supported by the Zone and apply the transfer policies of the token issuers. Tempo demonstrated an example of private accounts using public financial products: after depositing into the Zone, accessing public Earn products, and then bringing the positions back to the Zone, their balances and holdings remain private.This launch adds privacy features to Deel's existing wallet, which was opened to qualified contractors in over 80 countries in August. Tempo stated that this integration does not change Deel's existing customer wallet and treasury infrastructure, with embedded wallet service provider Privy supporting Zones through its API.

According to Token Terminal data, the total market capitalization of the tokenized ETF market has reached $686.5 million, with Ethereum ranking first with a market capitalization of $303 million, accounting for about 44%. BNB Chain ranks second with $192.1 million, and Solana ranks third with $91.5 million.The above three blockchains collectively account for about 85% of the market capitalization of the tokenized ETF market, indicating that related assets are mainly concentrated in the Ethereum, BNB Chain, and Solana ecosystems.

According to The Defiant, the European Banking Authority has recognized the US dollar stablecoin USDC as the EU's first "significant" electronic money token. Under the arrangement, the financial regulatory responsibilities for USDC will be transferred to the European Banking Authority on November 12.Meanwhile, the French Prudential Supervision and Resolution Authority will continue to be responsible for the governance and other corporate affairs of USDC.

According to CoinDesk, the blockchain and AI application development education platform EasyA has achieved an independent valuation of $1.1 billion and plans to go public through a direct listing in the first half of next year. The company has submitted registration documents to the U.S. Securities and Exchange Commission (SEC), but the current valuation does not represent the actual purchase price for investors once the stock begins trading.EasyA stated that its application user base has exceeded 1.3 million and is considering issuing tokenized stocks. At the same time, the company is expanding its tokenization projects and applications involving AI agents.

According to The Block, Bank of New York Mellon (BNY) and Citadel Securities completed a triparty repurchase agreement using tokenized U.S. Treasury bonds. Citadel Securities purchased a 2-year U.S. Treasury bond through Tradeweb via Bank of New York Mellon, which recorded the tokenized version of the bond on its private digital ledger and completed the settlement in minutes, rather than the traditional T+1.Subsequently, Citadel used the tokenized Treasury bond as collateral for overnight triparty repurchase financing from Bank of New York Mellon. Bank of New York Mellon stated that this is the first use of tokenized assets on a major triparty repurchase platform.Carolyn Weinberg, the bank's head of innovation and market transformation, stated that using the tokenized representation of U.S. Treasury bonds for both settlement and financing helps create a more connected, efficient, and round-the-clock financial system. The bank also plans to enhance its capabilities for digital cash and tokenized deposits for institutional settlement and financing, with plans to extend the operating hours of the relevant settlement platform to European and Asian trading sessions next year.