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The publicly listed esports company NIP Group, headquartered in Abu Dhabi, announced that it has signed an agreement to acquire Bitcoin mining equipment with a total hash rate of approximately 4.47 EH/s, increasing its total deployed hash rate to about 13.85 EH/s. The transaction is valued at up to $27.3 million, and the company will issue up to 247.1 million Class A common shares to the seller.NIP Group expects that once the related equipment is fully deployed, the monthly output of the mining site will reach approximately 195 Bitcoins, exceeding the previously set target of 160 Bitcoins, which is valued at around $16 million based on the then-current price. The equipment is currently operating in a hosting facility and can immediately increase Bitcoin output upon completion of the transaction. NIP Group launched its Bitcoin mining business in July 2025 and plans to gradually expand its hash rate to higher levels. The company stated that the additional hash rate will serve its digital infrastructure strategy and plans to expand into AI, high-performance computing, and gaming applications.

OpenAI CEO Sam Altman proposed in internal communications to integrate top AI laboratories into a single organization to centrally manage the risks of cutting-edge AI models. However, as OpenAI and Anthropic prepare for IPOs, the rising demands for commercialization face resistance to deep collaboration among competitors.

According to Crypto Briefing, NEAR Protocol has launched a confidential multi-signature treasury management platform called NEAR Business, aimed at crypto-native teams and institutions. It supports handling payroll, vendor payments, cross-chain exchanges, and fund allocation within a single dashboard, covering over 35 blockchains including Bitcoin, Ethereum, and Solana, as well as more than 200 types of assets. Cross-chain transfers are completed through NEAR Intents.The platform operates on NEAR's private sharding infrastructure, with transaction details kept confidential but available for auditing; the platform is free to use, with a 0.35% fee for exchanges, currently limited to invite-only access.

According to Israel's Channel 12, the proposal submitted by the Chief of Staff of the Pakistan Army to senior Iranian officials has been approved by the United States, and Iran has also tentatively agreed. The proposal partially responds to Iran's demand for the return of frozen funds, stipulating that the interest generated from the 6 billion dollars frozen in a Qatari bank will be transferred to Iran.Affected by this news, both WTI and Brent crude oil prices fell short-term by about 0.8 dollars, currently reported at 97.51 dollars per barrel and 105.76 dollars per barrel, respectively. On the news front, reports indicate that the U.S. and Iran have tentatively recognized Pakistan's mediation proposal.

According to The Defiant, the cryptocurrency exchange MEXC announced that it will terminate services for users in Russia and Belarus. Affected customers will receive a separately set deadline to close positions and withdraw assets.MEXC stated that users who have not received the relevant notice can continue to use the exchange's services, but must comply with its terms.

According to on-chain analyst @ai_9684xtpa, a certain address has sold 58.57 WBTC on-chain in the past 8 hours, worth 4.78 million dollars, with an average selling price of 81,620 dollars.

According to on-chain analyst Yu Jin's monitoring, the hacker who stole $285 million in assets from Drift Protocol at the beginning of April transferred 25,710 ETH, worth $61.24 million, through Tornado 3 hours ago.The hacker had exchanged the stolen assets for 131,564 ETH at an average price of $2,154 in early April, and transferred 24,400 ETH through Tornado in July; the current address still holds 81,454 ETH, worth $194 million.

The collapsed cryptocurrency exchange Mt. Gox has extended the repayment deadline for creditors to October 31, 2027. Trustee Nobuaki Kobayashi stated that the Tokyo District Court has approved the adjustment of the relevant repayment deadline. This is the sixth extension for Mt. Gox since 2023.Most creditors who have completed the necessary processes and encountered no issues have received their repayments; however, some creditors have not received payments due to incomplete processes or payment processing issues. Mt. Gox began repaying creditors in Bitcoin and Bitcoin Cash in July 2024, and by March 2025, it reported that over 19,500 creditors had received repayments. The latest notice did not disclose the number of unpaid creditors or the amount of Bitcoin yet to be distributed. As of Tuesday, wallets belonging to Mt. Gox still hold approximately 34,400 Bitcoins, valued at around $2.8 billion.

The Swiss Financial Market Supervisory Authority (FINMA) has approved the country's first Bitcoin ETF aimed at retail investors. This product falls under "other alternative investment funds" according to Swiss law and is labeled as having special risks. FINMA did not disclose the issuer of the fund, but multiple media outlets have indicated that signs suggest it may come from BIT Asset Management (formerly Matrixport Asset Management), and FINMA did not deny this claim in response to inquiries. Additionally, several fund providers have submitted or announced plans to submit Bitcoin ETF applications.The fund is a single-asset product, with all funds directed towards Bitcoin. To this end, FINMA needed to grant an exemption regarding its risk diversification rules, citing that Bitcoin has a long trading history and extremely high trading volume. In terms of asset custody, participating institutions must take measures to prevent operational and custody risks, with standards referenced from the regulatory announcement issued by FINMA on January 12, 2026, which requires that customer crypto assets are not included in bankruptcy assets in the event of the custodian's bankruptcy. Meanwhile, the sales process must comply with Fidleg's conduct rules to provide higher investor protection than direct purchases of cryptocurrencies, and the fund documents must clearly indicate the associated risks.While approving the ETF, FINMA emphasized that even investing in Bitcoin through an approved ETF carries high risks, with severe volatility potentially leading to significant depreciation of the principal invested, and required the issuer to provide clear warnings about volatility and loss risks. The United States has approved Bitcoin spot ETFs starting January 2024, with BlackRock's iShares Bitcoin Trust launching on January 11, 2024, currently managing approximately $65 billion. The Swiss Exchange has been able to trade Bitcoin products for years, but they have existed in the form of ETPs and do not have fund status; this approved ETF is the first to incorporate Bitcoin into the approved public fund framework.

ZEALER founder and former Gree executive Wang Ziru announced the development of his team's first AI product, VIVA, which focuses on personal health management. The product integrates three virtual roles: nutritionist, fitness coach, and life assistant into a single chat interface, allowing the three roles to share conversation information.After users take a photo of their meal or say what they ate, the AI can estimate calories and record nutritional intake. The fitness coach can schedule training, guide workouts, and track progress. The life assistant supports integration with Apple Health, adjusting suggestions based on sleep and activity data, such as reducing training intensity when sleep is insufficient. In June of this year, Wang Ziru showcased an AI health management prototype and claimed that with AI-assisted fat loss, his weight dropped from 86 kilograms to 74 kilograms.The issues Wang Ziru hopes to address include the difficulty in estimating calories in Chinese cuisine and the scattered data from smart wearables that need to be manually organized before AI can analyze it. In August of this year, he stated that the entrepreneurial software would be launched by September at the latest. The team plans to provide a live experience of VIVA from October 23 to 25 at "Mañana Tomorrow Park" in Haikou on Xiaohongshu.

Tesla and Alipay have officially signed a cooperation agreement for the in-car assistant project. Tesla's in-car system in China plans to launch Alipay's in-car assistant smart parking service, allowing car owners to make quick and secure payments for parking fees on the car screen.More convenient features for in-car life scenarios are under development.

BlockBeats published an in-depth article titled "All in One is the Only Way Out," focusing on the industry trend of cryptocurrency trading platforms transforming into comprehensive financial services, using Gate Money as an example to analyze the development potential of integrated global asset trading, daily payments, and wealth management.The article points out that as user demands extend from cryptocurrency trading to multi-asset allocation, cross-border consumption, and idle fund management, All in One is becoming an important direction for trading platforms to explore business growth. Gate currently supports over 5,400 digital assets and 12,800 stock assets, while Gate Money further integrates multi-currency accounts, exchanges, payments, and wealth management functions, supporting over 60 currencies and planning to expand services for stocks, ETFs, and gold. At the same time, the platform connects eligible stock assets with consumption scenarios through an automatic recharge feature, with Money Earn offering an annualized yield of up to 3.6%.BlockBeats believes that as financial demands become increasingly diversified, the ability to allow assets to flow freely between investment, management, and payment, while continuously meeting users' actual needs, will become an important direction for cryptocurrency platforms to build long-term competitiveness. Gate Money not only integrates product functions but also connects global assets with real financial needs, promoting cryptocurrency platforms to extend into broader and more frequent financial service scenarios, opening new space for the evolution of the global financial service landscape and long-term industry growth.

According to token unlocking data from the crypto asset data platform RootData, Walrus (WAL) will unlock approximately 38.33 million tokens at 10:00 AM Beijing time on October 27, with a value of about 1.48 million USD.

The National Radio and Television Administration released the "China-ASEAN Micro Short Drama International Communication Development Report." The report states that micro short dramas, as a new form of online audio-visual content that originated in China, are becoming the fourth largest global audio-visual product form after American films, Japanese animations, and Korean dramas. The cooperation in micro short dramas between China and ASEAN is deepening, becoming an important carrier for China-ASEAN digital economy cooperation and cultural exchanges.The report indicates that the market size of micro short dramas in China continues to grow rapidly. By 2025, a total of 33,000 micro short dramas will be launched nationwide, and from January to September 2026, the number of launched micro short dramas will reach 490,000, which is 13 times that of the entire year of 2025. The user base of micro short dramas has reached 850 million, with monthly active users exceeding 600 million. By 2026, the overseas micro short drama market outside of China will exceed $6 billion, a year-on-year increase of 67% compared to 2025.The report also states that platforms with a Chinese background dominate the global market. From January to September 2026, all of the top 10 micro short drama apps in terms of downloads in overseas markets have a Chinese background, and among the top 10 platforms in terms of in-app purchase revenue, 9 are also of Chinese background.

According to the market information platform Liquid247.xyz, Coinbase's spot BTC has approximately 68.44 sell orders at $81,654, with a nominal value of about $5.5886 million, which is about 0.38% above the mid-price of approximately $81,344 at that time.The total near-end sell orders amount to about $30.2732 million, while the buy orders are approximately $23.2494 million, resulting in a net sell order surplus of about $7.0238 million, accounting for 13.12% of the total depth.

According to data from DefiLlama, Gate has seen a net inflow of approximately 147 million USD in the past 7 days, ranking third among centralized exchanges globally.

The spokesperson of the Ministry of Foreign Affairs, Mao Ning, hosted a regular press conference. A reporter from AFP asked whether the U.S. government has requested federal agencies to stop using Chinese artificial intelligence products like DeepSeek, citing concerns about the potential transfer of sensitive data, and inquired about China's comments.Mao Ning stated that China has always opposed the generalization of the concept of national security and the politicization of technological and economic issues, and will firmly safeguard the legitimate rights and interests of Chinese enterprises. Previously, the U.S. government prohibited civilian agencies from using DeepSeek products.

According to South Korean media THE ELEC, Tesla and SpaceX, under Elon Musk, are in contact with South Korean materials, components, and equipment companies for the semiconductor manufacturing project Terafab. Some companies have signed non-disclosure agreements and are discussing supply categories. From October 13 to 15, relevant personnel visited about 10 South Korean company booths at Semicon West 2026 in San Francisco to confirm products and capacities and propose follow-up discussions, many of which have been ongoing for several months.ENF Technology, Asflow, and G&G Intech are involved in this initial contact, focusing on process materials, piping parts and valves, and wastewater reuse equipment, respectively. Mico's cleaning subsidiary Komico signed a tripartite non-disclosure agreement with Tesla and SpaceX about a month ago to discuss cleaning services for the Texas R&D test line. Unisem signed a non-disclosure agreement regarding environmental protection equipment such as exhaust gas treatment, while Dongjin Semichem is discussing materials such as diluents and phosphoric acid related to the Texas plant. Hanmi Semiconductor is discussing thermal compression bonding equipment, HPSP will supply a high-pressure hydrogen annealing device to the R&D line, and testing socket company ISC is exchanging samples and design information.Terafab is located in Texas and was announced to be jointly promoted by Tesla, SpaceX, and xAI in March of this year. The independent legal entity and equity structure have not yet been disclosed. The goal is to reach a monthly production of 1 million wafers within 10 years, with an initial investment of $16.8 billion and the hiring of over 3,000 people. SpaceX signed a tax reduction contract with Texas earlier this month and has begun construction. The industry expects the initial facility, which will produce 100,000 wafers per month, to be completed before 2030. Initial uses include Tesla's autonomous driving and robotics chips, as well as SpaceX's satellite and space data center chips.