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Polychain Capital founder and CEO Olaf Carlson-Wee announced at the Network State conference that Polychain is leading a new round of financing for Network School, with a valuation of $2 billion. Andreessen Horowitz (a16z), Coinbase, and Balaji himself, among other institutions and individuals, participated in the investment, with the specific financing amount not disclosed.Olaf stated that Polychain's investment strategy does not solely focus on incremental improvements but seeks projects that utilize new business models or technologies to solve problems in different ways. He expressed anticipation for participating in the financing of Network School and mentioned that he has known and collaborated with Balaji for over ten years.

According to The Block, Cathie Wood's Ark Invest sold approximately 21.7 million dollars worth of Robinhood stock, 4.7 million dollars worth of SpaceX stock, and reduced its holdings in the spot Bitcoin ETF ARKB by about 1.8 million dollars on Thursday.

The cryptocurrency trading platform Robinhood's Robinhood Crypto posted on X that it is exploring the launch of a stock token linked to an actively managed ETF on the Robinhood Chain, in partnership with T. Rowe Price Digital Assets.Robinhood Crypto stated that T. Rowe Price is one of the largest asset management companies in the world, managing $1.9 trillion in assets. If this exploration is successful, the related product will become the first stock token of its kind. The company also mentioned that institutions are entering, and its underlying channel is ready.

According to the information released by the SEC, Robinhood (HOOD) CEO Vladimir Tenev sold 375,000 shares of the company's stock on October 5 at an average price of $113.72 per share, for a total value of approximately $42.6435 million. After the transaction, his direct holdings decreased to 6,907 shares. On the same day, General Counsel Daniel Martin Jr sold 10,000 shares of the company's stock at an average price of $113.71 per share, for a total value of approximately $1.1371 million. After the transaction, his direct holdings decreased to 499,943 shares.

On-chain data analyst obchakevich_ stated that after analyzing the meme coin holdings on Robinhood Crypto, it was found that only a few wallets are in profit. The nine most popular meme coins cover 373,000 independent wallets and 540,000 positions, while there are another 160,000 positions for random tokens on four launchpads.Among the popular targets, only 41% of wallets show a positive balance, with none of the groups reaching half. Among random tokens, Noxa is at 36.7%, Doppler at 33.2%, and Pons V1 at 14.7%. Typical buyers of well-known memes have lost 1.7%, while typical buyers of random Pons V1 tokens have lost 67%. Among 355 random tokens held by at least 10 buyers, only 5 have made most buyers profitable, accounting for 1.4%.Tokens leaving the joint curve to enter the liquidity pool do not equate to becoming popular targets. 2% of the issuance on Pons V2 has reached this stage, with 36% of positions being positive. Positions that were bought and sold only once have about one-third in profit, while 59% of positions with 51 to 200 transactions are positive. Positions with no less than 11 transactions account for 14%, contributing to 89% of realized profits, which is $165 million out of $185 million. The statistics were compiled using Dune queries, covering the period from June 1, 2026, to October 8, 2026, with a starting position of $10, and identifying traders based on token flow.

The founder of the decentralized perpetual contract trading platform Hyperliquid, Jeff Yan, was interviewed by the Empire podcast at DAS 2026 Asia Station. When asked what he would build if he were a builder and no longer allowed to create infrastructure, he stated he would look at what hasn't been built yet and has real potential, depending on what other builders are doing.Jeff Yan mentioned that at least for now, he might explore options because he has heard many people want to trade options. He believes that perpetual contracts generally meet the needs of many users, but some users express that trading perpetual contracts does not satisfy all the market views they want to express.He thinks that HIP-4 is a very obvious way to build an options protocol, which can inherit spot, order books, and portfolio margin; on the market-making side, there are also perpetual contracts that can be used to hedge the delta of options. The key is how to turn that one element into something widely appealing. He does not believe that any products similar to options or convexity yield styles have truly achieved escape velocity in the crypto space, but such products have clearly done so in traditional finance.

According to The Block, Robinhood has increased its balance sheet with an additional $25 million worth of Bitcoin (BTC).

JPMorgan stated that the likelihood of the United States imposing tariffs on silver and platinum group metals is "decreasing."

TRON DeFi Summer S3 is in full swing, with a total prize pool of 2 million USD, covering four major asset pools: TRX, USDD, JST, and SUN, providing a 60-day Boosted APR incentive.JUST has simultaneously launched a community interactive vote, inviting users to share the asset directions they are more focused on this season, adding more community engagement to S3. Now, by entering JustLend DAO through Binance Wallet, you can choose the corresponding asset pool to participate------cast your S3 choice and simultaneously open your 60-day Boost earnings window.

According to Onchain Lens monitoring, a trader purchased 3.8 million SI on the Robinhood Chain at an average market value of 1.48 million dollars and 5,670 dollars, then sold 2.3 million SI for 42,200 dollars, still holding 1.6 million SI, valued at approximately 31,000 dollars.The trader has accumulated a profit of 67,600 dollars, with a return rate of 1,190%, of which 27,700 dollars is unrealized profit.

According to the official announcement, Gate has launched HOOKED, HOOKR contract trading, trading robots, and Order Tracking features, with both contracts supporting 1-10 times leverage.HOOKED (Hooked) is a MEME Launchpad that supports programmable trading rules; HOOKR (Hookr.fun) is a functional Token of the programmable token issuance market protocol Hookr.fun on the Robinhood Chain.

According to GMGN data, the market capitalization of the Solana-based meme coin HOOKED once surpassed 17 million USD, currently reported at approximately 13.96 million USD, with a 24H increase of over 110%. It is reported that HOOKED is the token of the Hooked platform, a meme launch platform within the Solana ecosystem.Hooked integrates Transfer Hook, which supports setting holding, trading, and transfer restrictions for tokens through on-chain rules to reduce issues such as bot sniping, concentrated holdings, and malicious sell-offs. The prices of meme coins are highly volatile and easily influenced by market sentiment and trending events; please be aware of trading risks.

Bonk Guy posted an analysis of the Robinhood chain ecosystem on X, urging Robinhood to strengthen its efforts on ecosystem tokens. He believes that the previous rise of the chain primarily relied on Robinhood's large retail user base and the narrative surrounding token listings, rather than technical advantages, thus creating a flywheel effect.Bonk Guy pointed out that the Robinhood chain has recently weakened, with reasons including the need for a correction after the previous large increase in ecosystem tokens, funds being diverted due to the recovery of Solana, and Robinhood's insufficient follow-up on ecosystem projects like PONS and AI.He stated that the absence of a collapse in the ecosystem after the HOOD Summit is a positive signal, and he remains optimistic about the user base and the flywheel effect of token listings in this ecosystem; if Robinhood increases listing catalysts and strengthens the distribution effect of token listings, on-chain activities will warm up in a bull market, and the next wave of increases will arrive soon.

According to The Block, Robinhood's Senior Vice President of Cryptocurrency, Johann Kerbrat, stated during the 2026 Korea Blockchain Week that the company is still advancing work related to the "innovation exemption" with the U.S. SEC to support its tokenized stock business.Kerbrat mentioned that as the scale of stock token trading grows, its trading volume may reach the relevant limits set by the SEC.

Arkham stated that it has tagged Robinhood's wallets on 12 blockchains, covering the Bitcoin network and Robinhood Chain, with a total value of approximately 24.96 billion USD in related crypto assets. This includes 185,185 BTC, valued at approximately 15.59 billion USD, and DOGE valued at approximately 2.88 billion USD.

The cryptocurrency exchange BitMart has released a preliminary intention plan, stating that it will review its assets and liabilities and formulate response arrangements starting from August 2026. The plan was formed during the initial due diligence conducted by Alvarez & Marsal and White & Case; users can choose front-end allocation or potentially higher recoveries from sources that may be recovered and liquidated later. The management team stated that they will continue to cooperate.BitMart stated that the total market value of the cryptocurrency market decreased in 2026, with volume manipulation groups profiting from commission and zero slippage policies in contract business, while fee-based services turned into losses; a hacker attack in December 2021 resulted in a balance sheet gap of approximately $319.5 million based on the value as of December 4, 2021. Starting from May 2026, social media attacks triggered panic withdrawals, and related personnel faced risks of personal information leakage. After evaluating a $10 million liquidity proposal from an investor, the management deemed it insufficient to cover operational pressures and gaps.The plan proposes to convert outstanding account balances into dollars based on the weighted average price from July 26, 2026, to the time of recording, to be verified by an independent party appointed by the court. Users can receive a proportional front-end allocation of fiat currency, USDC, PYUSD, USDT, and liquid assets such as BTC, ETH, SOL, or participate in the recovery of stolen assets by exchanging for recovery tokens at a rate of 1 unit per $1, or exchange for continuation tokens that can be traded on decentralized exchanges, corresponding to investment rights, non-standard asset liquidation, and a portion of distributable profits after business restart. In the next three to four weeks, feedback will be solicited from the top 50 users, and a report on the expected recovery ratios for each option will be compiled.

According to The Block, Robinhood Wallet announced the integration of Arcus's API, becoming one of several routing providers for its stock token spot exchanges.Eligible users can access Arcus's liquidity and execution infrastructure through the wallet in supported jurisdictions. This integration expands the number of stock tokens supported by Robinhood Wallet to over 190.Arcus, developed by the dYdX team, launched on Robinhood Chain in July this year, initially supporting over 90 stock tokens, and the lineup has now increased to over 190, while the perpetual contract market is still in the testing phase. Its system uses a Request for Quote (RFQ) model, where professional market makers compete to price each exchange rather than relying on a single liquidity pool.Arcus stated that if Robinhood Wallet users execute exchanges through Arcus, they may earn Arcus Points. Arcus will also provide users with limit order functionality through the wallet's dapp browser.Arcus claims that since its launch, the cumulative trading volume has exceeded $5 billion, with over 15,000 independent traders and a total locked value of over $28 million. Arcus CEO Eddie Zhang stated that early growth confirms previous judgments that traders need a global, accessible, and around-the-clock operating market.