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According to Gate market data, SpaceX's pre-market increase has expanded to 10%.

The decentralized trading protocol of PancakeSwap, The Flip proposal, has entered the governance voting phase, accompanied by CAKE supply conditions. This proposal aims to allocate 88% of the trading fees from v3 and Infinity pools to liquidity providers, with the remaining 12% going to the protocol treasury, while the fee structure for v2 remains unchanged.In terms of token issuance, the proposal plans to reduce the daily CAKE issuance from 22,500 tokens to 7,000 tokens, a decrease of about 69%, equivalent to approximately 5.66 million newly minted tokens per year. The remaining 7,000 tokens per day will be allocated to an ecological growth fund named Pantry, which will be flexibly used by The Kitchen team for marketing, partnerships, and initial liquidity for new pools.If the vote passes, implementation will begin within two weeks after approval, lasting from November 2026 to the end of January 2027, completing in about three months and being announced chain by chain. This proposal is built upon the Tokenomics 3 framework passed in April 2025, aiming to reduce the supply by approximately 20% by 2030. PancakeSwap states that the supply has decreased by 11.5% over the past 18 months.

According to CoinPost, Japan's Minister of Land, Infrastructure, Transport and Tourism, Toshiaki Inoue, stated in the House of Representatives' Land, Infrastructure, Transport and Tourism Committee that he will study the introduction of stablecoins into the consumption tax exemption system for foreign tourists visiting Japan, and mentioned a "refund method" for tax refunds after departure confirmation, stating that he will promote responses from the user's perspective.According to the Japan Tourism Agency, the country's tax exemption system will change to a refund method starting from purchases made on November 1: Tourists will purchase goods at tax-included prices, and within 90 days from the date of purchase, upon departure confirmation by customs, they can then receive the consumption tax refund, which will be handled by the duty-free shop or an entrusted refund agency.

BNB Standard, a Nasdaq-listed company (stock ticker: BNC), announced that it will ring the Nasdaq opening bell on October 26 to celebrate the company's name change and the new management team's appointment. At that time, the company's CEO will attend the bell-ringing ceremony along with board members, the management team, investors, and ecosystem partners.

According to Jinshi News, former Executive Director of the Bank of Japan, Eiji Maeda, stated that the next interest rate hike is expected to occur in December, followed by another increase in March or April.Eiji Maeda mentioned that the current pace of interest rate hikes has accelerated to approximately once every three months, and he believes this pace is appropriate.

Dragonfly partner Haseeb Qureshi posted on X that the claims regarding Polymarket CEO Shayne Coplan using company funds for expenses such as private jets, discovered by Peter Thiel's Founders Fund, are untrue. Qureshi stated that Dragonfly is one of Polymarket's largest early investors.He mentioned that Coplan was not receiving a salary at the time, disclosed all expenses, which amounted to an annual salary roughly equivalent to that of a software engineer, and that the flight tickets were not for personal use. He stated that the accounting and reimbursement process was initiated by Coplan, and the relevant amounts have been fully reimbursed to the company, after which Coplan began receiving a normal salary. Qureshi believes this is an accounting issue, not a matter of integrity.

The GENIUS Act will take effect on July 18, 2025, with a general applicability date of 18 months after enactment or 120 days after the primary federal payment stablecoin regulatory agency issues final implementation rules, whichever comes first. The U.S. Department of the Treasury anticipates the general effective date to be January 18, 2027, with some issuance and sales restrictions taking effect on July 18, 2028.The Office of the Comptroller of the Currency (OCC) published its main implementation proposal in February 2026, and the Federal Reserve proposed rules on September 24, 2026, concerning regulated issuers, reserves, capital, risk management, custody, and application procedures. The interim final rule effective September 30, 2026, has established forms and procedures for state regulatory system certification.Stablecoin issuers must assess approval, prudent regulation, reserve, and redemption requirements; distributors and intermediaries must analyze exchange, transfer, custody, and related financial service obligations. Businesses holding stablecoins must also review redemption channels, reserve arrangements, custody, freezing, and counterparty risks, and accepting stablecoin payments must distinguish between receiving payments for their own goods or services and transferring funds on behalf of others. Proposed issuers may choose paths approved by custodial deposit institutions, federally qualified issuers, or state qualified issuers; state qualified issuers with eligible and outstanding issuance not exceeding $10 billion may opt for state regulation. Payment stablecoin reserves must be at least one-to-one backed by outstanding tokens, and businesses must clarify cash flow, customer rights, compliance responsibilities, and product yield arrangements; relevant issuers may not pay interest or yields solely for holding, using, or retaining payment stablecoins.

Global cryptocurrency payment company MoonPay announced that it is advancing strategic cooperation with Dunamu, the parent company of South Korea's largest cryptocurrency exchange Upbit, to jointly explore new business opportunities. The two parties will collaborate to discover new business directions in areas such as stablecoin cross-border payments and capital flow, corporate finance, and fund management.They also plan to expand the global accessibility of Dunamu's Ethereum Layer 2 network GIWA and enhance the network's global connectivity. Specifically, both parties hope to connect MoonPay's global services and network with Dunamu's blockchain infrastructure to expand the coverage of GIWA-based products and services in overseas markets.Dunamu is the operator of South Korea's largest cryptocurrency exchange Upbit and is currently advancing a stock swap merger with tech giant Naver Financial to launch a joint stablecoin and payment service. Earlier this year, Hana Bank acquired a 6.55% stake in Dunamu for 1 trillion won (approximately 755.6 million USD) to advance its layout in the stablecoin and digital asset fields. South Korea is also formulating a comprehensive cryptocurrency framework called the "Basic Law on Digital Assets," which includes rules for the issuance and distribution of stablecoins pegged to the Korean won.

According to the New York Post, Brad Gerstner, founder and CEO of investment firm Altimeter Capital and promoter of the Trump account plan, stated that he is pushing to expand the scope of the plan from those under 18 to those under 40. Related legislation may advance in the coming months and seeks to make the funding support mechanism permanent.Gerstner expects that by the end of 2027, private donations received by the plan could total $100 billion, and Musk's commitment to donate SpaceX stock to American children is just "the tip of the iceberg." Bloomberg ETF analyst Eric Balchunas estimated while relaying the report that the expansion could additionally cover about 100 million people. Currently, the expansion remains a legislative proposal in progress and is not an enacted policy.

Seventeen-year-old Kimi former researcher Chen Guangyu has been reported to join Discovery Loop, an AI company founded by former Google chief scientist Jeff Dean. On October 20, the anonymous account Arfur Grok, which tracks the movement of AI talent in Silicon Valley, disclosed this news. Chen Guangyu had just announced his departure from Kimi five days prior, where he was involved in research on Attention Residuals architecture and the development of Kimi K3.Discovery Loop was established in August of this year, co-founded by Jeff Dean and three other Google veterans. The company plans to enable AI to autonomously propose research hypotheses, run thousands of experiments in parallel, and adjust plans based on results, initially focusing on AI model development, with future expansion into fields such as healthcare, materials, and energy. Google's parent company Alphabet is one of its founding investors, and the company has yet to launch any public products. Business Insider reported in September that Discovery Loop is seeking funding at a valuation of about $50 billion.Previously, Silicon Valley investor Deedy Das mentioned a 17-year-old who received five job offers in the million-dollar range in AI. There was speculation that it was Chen Guangyu, but Deedy never publicly disclosed the individual's identity.

According to a report by the Korean Economic Daily on October 21, Elice Group, an AI infrastructure company providing AI cloud and educational and office software, saw a significant rebound the day after its listing on the KOSDAQ. As of 9:15 AM that morning, Elice was priced at 79,900 Korean won, an increase of 18,400 Korean won from the previous trading day, a rise of 29.92%. The previous trading day's closing price was 61,600 Korean won, down 28,900 Korean won from the issue price of 90,500 Korean won, a decline of 31.93%. The report stated that even if the price reached the limit increase for the day, the stock price would still be below the issue price.Bloomberg reported on October 20 that Elice fell about 32% on its first day of trading, becoming a case of weakened confidence in so-called new cloud companies, and noted that it was at the center of the debate regarding AI company valuations and their ability to realize those valuations. Reuters stated that the sharp drop again raised market concerns about the sustainability of large investments in AI infrastructure and the investment recovery cycle. CNBC reported that the impact of the listing performance has spread to U.S. data center-related stocks. The scale of this public offering was $150 million, and the company plans to use the listing funds for the construction of modular data centers and related infrastructure.

According to a report from ZDNet Korea on October 20, the AI chip company Groq, which has been effectively acquired by NVIDIA, is advancing the introduction of DRAM 3D stacked packaging in its next-generation chips to replace the fast but lower-capacity SRAM solution. Groq was founded in 2016 by former Google TPU designer Jonathan Ross, and it was reported that the company was acquired by NVIDIA in a roundabout manner last year.The report states that Groq is evaluating a solution called 3DS, which vertically connects DRAM chips through silicon vias for high-capacity packaging. 3D packaging allows multiple bare chips to be stacked vertically and operate as a single chip, reducing area and improving power efficiency compared to planar solutions. Both 3DS and HBM use silicon vias, but HBM focuses on transmission speed, while 3DS maintains existing DRAM interfaces and focuses on capacity expansion. Anonymous industry insiders indicated that Groq plans to adopt 3D packaging in its next-generation chips, stacking DRAM instead of SRAM; another individual noted that market demand is shifting towards larger capacity chips, prompting Groq to choose DRAM, which has a capacity advantage.

South Korean JB Financial Group announced that it has invested in the artificial intelligence company Upstage through its subsidiaries Jeonbuk Bank, Gwangju Bank, and JB Woori Capital. The three institutions collectively invested 40 billion Korean won (approximately 30 million USD) in its C-2 round of financing, acquiring about 2% equity.Previously, Upstage co-founder and CTO Hwalsuk Lee revealed that the company is considering various capital market options, including an IPO, and is also contemplating initiating a Pre-IPO round of financing.

According to a post by Bitcoin News on the X platform, Super League shareholders approved the relevant transaction on October 16, with Metaplanet injecting 2,100 BTC and 2.5 million USD to acquire 44.86 million shares at a price of 3 USD per share.After the transaction is completed, the company will be renamed Superplanet, and the stock ticker will change to SUPA, with Metaplanet holding over 90% of the shares during a five-year lock-up period. Superplanet plans to further purchase Bitcoin by issuing perpetual preferred shares, with the transaction expected to be completed in the fourth quarter.

According to Fortune, New York-based startup Mural has completed a $15 million Series A funding round, led by Tether, with participation from North Island Ventures. This round of funding brings Mural's total financing to $28 million. Previously, the company completed a $5 million seed round in 2022.Mural was co-founded in 2022 by former Palantir engineer Sinclair Toffa (CEO) and Chris Fernandes. Its platform provides payroll service providers, software companies, and fintech firms with a single account that can hold traditional dollars, local currencies, and stablecoins simultaneously, helping businesses simplify cross-border payments and compliance processes without the need to connect with multiple banks and payment service providers.

According to Crypto.news, Beast Holdings, associated with YouTube creator MrBeast, has submitted two U.S. trademark applications for MRBEAST FINANCIAL and BEAST FINANCIAL, covering financial services such as cryptocurrency trading, payment processing, decentralized exchanges (DEX), online banking, consumer loans, credit and debit cards, and investment management.

According to a report by Bloomberg, when Founders Fund was considering investing in Polymarket in 2025, it was discovered that at that time the company had no revenue, and CEO Coplan had used company funds to pay for personal expenses such as private jets and apartment rent. Founders Fund required the company to improve its financial controls and repay the related amounts before making the investment.

American fintech company Meow has completed a $31.6 million Series B financing round, led by Stifel, with participation from Archetype VC. Stifel will provide a white-label version of the Meow platform to its commercial banking clients, prioritizing venture capital and fund banking services, expected to launch in early 2027.Meow's CEO Brandon Arvanaghi stated that the platform has served billions of dollars in assets and payment volumes and has stablecoin capabilities. This collaboration will help traditional banks gain fintech capabilities that have already been validated in the market. Meow has previously collaborated with Stripe, Bridge, and Tempo in the stablecoin business.

According to a report by North Korea Biz on October 20, Samsung Electronics' foundry division has seen its 4-nanometer process capacity nearing full load due to an increase in customer orders, while the company is also expanding efforts to attract new customers for its 5-nanometer process. The report states that contracts for the most advanced 2-nanometer process with major global tech companies are still delayed, prompting Samsung to increase the utilization rates of its relatively stable 4-nanometer and 5-nanometer processes to improve profitability.The 4-nanometer process is used for smartphone application processors, artificial intelligence semiconductors, and high-performance computing chips. The report indicates that not all chips in the expanding artificial intelligence semiconductor market require the most advanced processes; the manufacturing costs of 4-nanometer and 5-nanometer processes are relatively low while still achieving high performance, making them suitable for certain artificial intelligence inference chips and application-specific integrated circuits.Regarding the 2-nanometer process, Samsung is in discussions with major global tech companies about production contracts, but some negotiations are taking longer than originally expected. In addition to yield rates, the most advanced processes also require comprehensive verification of energy efficiency, design assets, and stable mass production capabilities, which means a longer time frame from contract signing to mass production. Samsung views the 2-nanometer process as the core growth driver for its next-generation foundry business and plans to continue using the fully surrounded gate transistor structure first introduced in the 3-nanometer process to improve energy efficiency and performance.

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.