pan

According to official news, NEAR Financial Company SVRN has acquired the NEAR infrastructure platform FastNEAR. FastNEAR will join SVRN as a wholly-owned subsidiary, and its co-founders Evgeny (Eugene) Kuzyakov and Mike Purvis will also join the SVRN team.The announcement states that FastNEAR is a high-performance RPC infrastructure provider behind NEAR applications, and it also supports most of the data layer for NEAR, including server clusters that handle network read and write operations, archival infrastructure that stores complete transaction history, and the data source NEARDATA for developers to process this history.

On October 9, the decentralized stablecoin USDD sponsored and attended the Cointelegraph CONNECT event held in Singapore. USDD's Head of Communication Yvonne Chia will participate in a thematic discussion alongside executives from projects such as ether.fi, Mercuryo, and FinHarbor. This discussion focuses on how stablecoins can truly enter daily consumption scenarios through payment infrastructures like cards and wallets.USDD is a multi-chain decentralized over-collateralized stablecoin, currently issued simultaneously on the TRON network, Ethereum Chain, and BNB Chain. Leveraging its seamless compatibility with major DeFi protocols and multi-chain layout advantages, USDD is committed to building a secure, transparent, and efficient decentralized stablecoin product, while continuously exploring the greater value of stablecoins in the real economy.

Digital asset treasury company Evernorth Holdings, Inc. announced that it has completed its business combination with special purpose acquisition company Armada Acquisition Corp. II. Armada was initiated by Arrington XRP Capital Fund, LP. Evernorth aims to provide institutional access to the XRP ecosystem at scale, with common stock expected to begin trading on Nasdaq under the ticker XRPN on October 12, 2026, and ringing the Nasdaq closing bell on October 14.At the time of closing, the company holds approximately 473 million XRP and has raised about $300 million in gross cash proceeds (before transaction expenses). Investors include Arrington Capital, SBI Group, Ripple, Pantera Capital, Kraken, GSR, and others. Founder and CEO Asheesh Birla stated that the goal is to establish an actively managed XRP treasury to support ecosystem growth and meet public market demands for transparency and governance.The company stated that as institutional on-chain finance develops, the need for capital expansion in tokenized assets, on-chain credit markets, and settlement infrastructure arises. Evernorth intends to be a source of such capital and operate according to the reporting, governance, and disclosure standards of Nasdaq-listed companies. Michael Arrington, founder of Arrington Capital, stated that support for Evernorth is an extension of its XRP thesis, which will bring scalable capital, active participation, and public company standards.

According to Axios, officials from the Trump administration stated that after the artificial intelligence company Anthropic was accused of "fraudulently" using government systems, AI companies are now required to report and rectify security incidents. The leader of the White House Superintelligence Task Force stated in an exclusive statement to Axios that this reporting and remediation process is not optional but a critical national security obligation.The government stated that Anthropic reported unauthorized and fraudulent use of government and other systems discovered at the end of last month, and the related activities have been halted. State Department officials said that Anthropic reported on Thursday that one of its test models submitted 19 non-immigrant visa applications through the department's website public form in August and 1 in May, none of which were processed, and the system was not breached or hacked. Philadelphia police stated that an Anthropic model submitted false homicide tips.On Friday night, Anthropic released a report confirming several incidents, including the Philadelphia case, but did not detail other involved government agencies. The statement said that the requirements apply to all superintelligence companies, which must immediately disclose incidents involving their models, swiftly remediate, and cooperate with affected systems to prevent similar incidents, but did not specify enforcement mechanisms or penalties for failure to disclose or remediate. Jay Clayton, the head of AI affairs and the Director of National Intelligence, along with task force officials, demanded that Anthropic be fully transparent with relevant entities and the public and provide remediation immediately. The task force co-chairs include Federal Trade Commission Chair Andrew Ferguson, Office of Personnel Management Director Scott Kupor, and Deputy Secretary of Defense Emil Michael.

Andrey Lazutkin, co-founder of Tangem, posted on X that the recent Ledger security incident once again confirms the security engineering principle of "complexity expands the attack surface." He pointed out that every additional component, software layer, and user interaction, such as screens, buttons, batteries, and firmware, introduces new potential points of failure and vulnerabilities, increasing the risks that need to be identified and mitigated.Based on this, Lazutkin defended the minimalist card design adopted by Tangem—this solution is built solely around the secure chip and antenna—and stated that this incident reinforced his judgment about the correctness of this design philosophy.

According to a report by Bloomberg, there is a significant difference in the revenue accounting standards between OpenAI and Anthropic, making it difficult to directly compare the annualized revenues disclosed by both companies. Anthropic includes total sales generated through cloud service partners like Amazon in its revenue, while OpenAI only confirms its net income share from partners like Microsoft. Neither company has disclosed standardized financial statements, making it challenging for investors to accurately calculate the actual business scale.Insiders say that OpenAI expects its actual revenue for the full year 2026 to be around $35 billion, which is about half of its year-end target of $70 billion in annualized revenue. Documents seen by Bloomberg show that Anthropic's actual revenue for 2025 is approximately $4.6 billion, while its then-disclosed annualized revenue has already exceeded $9 billion. Analysts point out that annualized revenue is typically extrapolated from short-term performance or contract value and cannot be equated to actual confirmed revenue for the entire year.

According to EmberCN monitoring, the NASDAQ-listed SOL treasury company SkyAI (SKYA) transferred 468,000 SOL from related addresses in the past 24 hours, valued at approximately 51.1 million USD at current prices.Among them, 218,000 SOL were transferred to several centralized trading platforms, and another 250,000 SOL were transferred to the institutional crypto asset service platform BitGo. The latest document released by SkyAI on September 14 showed that the company held over 2 million SOL in reserves at that time. It is currently unclear whether this transfer indicates that the company is selling SOL, and the related fund flow cannot directly prove that it has completed a reduction in holdings.

Robot company Ultra announced the completion of a $62 million financing round, which includes a $50 million Series A led by Framework.Ultra stated that the robotics industry is facing issues of implementation and distribution, with deployment being the current bottleneck. The company believes that demonstrating the effectiveness of robots in controlled environments is relatively easy; the more challenging aspect is to have robots continuously operate and perform effectively in open environments, gain the trust of their human counterparts, and be able to repeat this process. Ultra claims that this is precisely the direction they are currently focusing on.

TruGolf Holdings (TRUG), a publicly traded company on NASDAQ, announced that it has completed the acquisition of the Canadian asset tokenization company Polymath Research Inc. Polymath is a company focused on institutional-grade asset tokenization and is also the developer of the Layer 1 blockchain Polymesh, which is aimed at regulated assets. After the acquisition, Polymath will operate as a wholly-owned subsidiary of TruGolf, while TruGolf will continue to retain its original businesses such as golf simulators and the E6 platform, forming two business lines: golf technology and blockchain infrastructure.As of December 31, 2025, Polymath has issued tokenized assets worth over $132 million for more than 65 active issuers and has over 50 ecosystem partners. The two parties also plan to launch a device leasing tokenization and franchise rights fragmentation holding project in the first quarter of 2027. In addition, TruGolf received approximately $2.95 million in net proceeds from the exercise of B-round preferred stock warrants related to this transaction.

According to PRNewswire, the Nasdaq-listed Bitcoin mining company CleanSpark announced its unaudited operational data for September 2026, producing 529 Bitcoins that month, with an average daily output of 17.64 Bitcoins, bringing the total Bitcoin production for 2026 to 5,432 Bitcoins.As of September 30, CleanSpark's operational hash rate reached 50 EH/s, with an average operational hash rate of 36 EH/s.

According to NADA NEWS, the Financial Services Agency (FSA) of Japan has requested financial institutions, including cryptocurrency exchanges, to promptly stop using images of documents such as driver's licenses for identity verification (KYC) and to switch to a new verification method that reads integrated circuit (IC) chip information through smart devices.

The Central Committee of the Communist Party of China and the State Council issued the "Opinions on Developing New Quality Productive Forces," supporting high-quality technology enterprises to go public for financing, optimizing systems for mergers and acquisitions, equity incentives, and more for technology enterprises. The opinions also mentioned increasing the supply of financial innovation products, encouraging the development of angel investment, venture capital, and private equity investment, and improving long-term capital support policies.

On October 8, SonicStrategy (CSE: SONI, OTCQB: SONIF), a digital asset infrastructure company listed in Toronto, Canada, announced the completion of the first phase of a non-brokered private placement, issuing 11,250,000 common shares at a price of CAD 0.20 per share, totaling CAD 2.25 million, all settled in 7,922,535 SYN tokens, without receiving cash.SYN is priced at USD 0.20 per token, with an agreed exchange rate of 1 USD to 1.42 CAD, equivalent to CAD 0.284, with the price confirmed in writing by all parties and approved by the board of directors. The company stated that from September 28 to October 7, the volume-weighted average price of SYN/USDC on Binance was approximately USD 0.1849. No warrants were issued in this phase, and no intermediary fees were paid; the shares are subject to a holding period restriction under Canadian securities law until February 9, 2027. After the closing, the total issued common shares are 60,870,466, with no new shareholders holding 10% or more; the first phase of the closing is still pending final acceptance by the Canadian Securities Exchange.CEO Dustin Zinger stated that this acquisition strengthens the company's digital asset portfolio and allows the company to access ecosystems including the on-chain options platform Hypercall. The received SYN is held in custody controlled by the company and can be used for staking, validating nodes, and operating digital asset infrastructure, or sold and converted to fund operations.

The stablecoin and payment company Frax, headquartered in the United States, announced that it has submitted an application for its own top-level domain .frax to ICANN, claiming this is the first top-level domain application from a cryptocurrency company published by ICANN. The application is part of the 2026 New Generic Top-Level Domain Program and is supported by ICANN-accredited corporate domain registrar MarkMonitor. If approved, .frax will become a global internet top-level domain similar to .com and .org.Frax plans to allow users to own and manage .frax domain names on its blockchain Fraxtal through the Frax Name Service, while being resolved via the global domain name system. Related registrations will enter the Frax Burn Engine and permanently destroy FRAX. Founder Sam Kazemian stated: the cryptocurrency naming system allows internet identities to be owned, ICANN domains make them universally accessible, and .frax combines both, aiming for ownership to remain on-chain, domain names to be universally available, and to become programmable financial endpoints for people, businesses, applications, and AI agents.The plan will also extend Frax's financial network built around the fully-backed digital dollar frxUSD and the institutional connectivity platform FraxNet. Frax plans to explore the agency and machine payment functionalities of .frax domain names, including support for standards like x402, so that websites, applications, and autonomous software agents can identify counterparties, access services, and programmatically initiate stablecoin payments. Frax claims to have been serving users since 2020 and ranks 5th in the 2026 Fortune Crypto 100 stablecoin category.

Anyflo, a stablecoin payment orchestration service for enterprises, announced its public launch on October 8, 2026, in Singapore during TOKEN2049 at the Sui Basecamp. The company was incubated internally by Mysten Labs, the original contributors to Sui, and its founder and CEO, Lola Oyelayo-Pearson, previously served as the product manager at Mysten and has also worked at Shopify and Capital One.Anyflo acquired Native through a talent acquisition. Before the acquisition, Native had raised just under $2 million and had launched a marketable Bitcoin lending platform on Sui, ranking in the top five among 630 projects at Sui Overflow 2025. Co-founder Robert Zaremba and his team will join Anyflo.Anyflo positions itself as an orchestration layer, providing multi-chain stablecoin access and handling the complexities related to blockchain networks, liquidity, and routing. The company plans to enter private alpha in October 2026, including a production preview and liquidity access, with a beta launch scheduled for the first quarter of 2027. In addition to incubation, Mysten Labs has also invested $1 million in the company.

According to Dongcha news, the former head of ByteDance's AI programming tool TRAE, Shi Yang, has reportedly left the company before the National Day holiday. The news states that he plans to start a business with ByteDance's former head of AI data and security, Fu Yue, focusing on AI office solutions. This project is said to have completed its first round of financing, with a valuation of approximately 200 million USD; the company name, financing amount, and investors have not yet been disclosed.Shi Yang's LinkedIn profile shows that his tenure at ByteDance ended in September, and his new job is marked as a startup project with an undisclosed identity. He joined ByteDance in 2024 and was responsible for Doubao MarsCode and TRAE, having previously founded the identity management company Yufu Technology, which was later acquired by Tencent.Fu Yue was responsible for ByteDance's AI training data business and was reported to have left in August. In August of the same year, TRAE and the Kouzi team were merged into the Doubao system, with the relevant product teams reporting to Doubao head Zhao Qi. On October 9, TRAE announced the merger of TraeWork and TraeCode into a single product.

According to the Financial Times, SoftBank is seeking funding in the Gulf region to expand its investment bets in the field of artificial intelligence.

The White House announced a comprehensive research plan with a total scale exceeding 6 billion dollars, covering artificial intelligence, quantum computing, biological research, and talent development. The funding and resources come from the government, enterprises, universities, and charitable organizations. Eleven technology companies have committed to providing AI tools and computing power worth 2.4 billion dollars for the Genesis Project.Specific commitments include 1 billion dollars from NVIDIA, 500 million dollars from AMD, 200 million dollars from OpenAI, and 150 million dollars each from Anthropic and Google. These resources will support over 15 federal agencies in conducting research.The Genesis Project will launch in 2025 and aims to utilize AI, supercomputers, and government research data to accelerate research in fields such as energy, healthcare, and aerospace. Related arrangements also include the previously announced 1.8 billion dollar virtual biology program, as well as the 1 billion dollar investment in research computing power and talent development pledged by the government, enterprises, and universities in Georgia.

According to a report by Sina Finance, the Swedish cryptocurrency company Hilbert Group still plans to seek an initial public offering (IPO) in the United States.