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According to Gate market data, the South Korean KOSPI index plummeted 8.00% during the day, currently reported at 5527.29 points. SK Hynix fell over 11%, and Samsung Electronics dropped over 9%.At the same time, the Korea Exchange activated the circuit breaker mechanism for the KOSDAQ, suspending trading for 20 minutes.

During the promotion of the GENIUS Act by former White House crypto advisor Bo Hines, the consulting firm Nxum, which he co-founded and holds shares in, established a business relationship with Tether. Tether paid over 6 million dollars to Nxum, with the related funds distributed among three partners.Although Hines has exited the daily operations of Nxum, he continued to discuss the act with partners via Signal during his tenure. After the GENIUS Act was signed into law in July 2025, Hines left in August and was appointed CEO of Tether's U.S. stablecoin business in September, raising questions about potential conflicts of interest.

Japan's Finance Minister Shunichi Suzuki warned speculators that she is prepared to take action in the foreign exchange market again if necessary, after the yen's exchange rate against the dollar hit a monthly low due to rising U.S. inflation data. Suzuki stated that the positions of both countries have not changed since the joint intervention in July to support the yen.

X user Irene Patrikios (@crypto_irene) announced that she has been appointed as the Chief Business Officer of the fully homomorphic encryption company Zama. She stated that she has been working in the cryptocurrency industry for nearly 12 years and believes that blockchain requires institutions, enterprises, and individuals to publicly operate financial activities, a gap that has long existed and is difficult to support large-scale funds on-chain. She joined the company in November 2025, before the launch of the Zama mainnet, and stated that confidentiality is the infrastructure that enables institutions holding global capital to truly go on-chain, and Zama is providing this capability.Irene Patrikios also mentioned that over the past year, Zama's business team has reached collaborations with several major participants to launch confidential DeFi and establish a business pipeline. Zama's CEO Rand Hindi and the board are increasing support for the next phase of the team's development. She expressed her gratitude to Rand Hindi, the board, and the Zama team.

Galaxy Research released a research report on October 15, categorizing decision markets and impact markets as conditional markets. These two types of conditional trading settle only when specific outcomes occur, and decision markets also settle on clear and binding results. Unlike prediction markets, conditional markets are not limited to binary, all-or-nothing structures; they trade real assets and their prices rather than synthetic probability contracts, with the byproduct being the impact of events on asset values rather than occurrence probabilities. The agency referred to prediction markets as the zero version of event-driven finance, with a large number of experiments emerging over the past 18 months, and new infrastructure pushing it beyond prediction markets.The ownership token-based issuance platform Umia, aimed at EVM-compatible chains, launched in September, expanding decision markets from being primarily limited to Solana, where MetaDAO was the first to scale binary pass or fail markets, to multi-outcome markets that can price proposal parameters. A deposit of stablecoins or DAO tokens can simultaneously convert into positions covering each outcome, with only winning market trades ultimately settling. Currently, 22 DAO treasuries fully governed by decision markets hold a total of $50.5 million, with MetaDAO accounting for 21 of them and 78% of the assets; the stablecoin portion is $35.8 million, with MetaDAO holding 82%. The fundraising for the market-governed DAO issuance platform by MetaDAO was approximately 11 months prior to this research report. Umia extends the issuable chains to Solana or EVM, which together account for about 92% of TVL by chain type.

Bitcoin News posted on platform X that the White House is exploring acquiring Bitcoin through existing federal government funding to expand the United States' strategic Bitcoin reserves. Patrick Witt, the Executive Director of the President's Advisory Council on Digital Assets, told Lark Davis that purchasing Bitcoin on the open market requires congressional authorization, and the government is currently researching ways to receive or convert existing federal funds into Bitcoin.The plan aims to follow President Trump's executive order to expand the United States' strategic Bitcoin reserves without increasing taxpayer spending.

According to GlobeNewswire, SkyAI (Nasdaq: SKYA) major shareholder Bastion Trading (holding approximately 9.99%) publicly questioned the company's cash tender offer plan.Bastion Trading pointed out that SkyAI quietly sold about 70% of its SOL treasury reserves (from over 2 million to about 600,000) in less than a month, without timely disclosure to shareholders, suspected of violating information disclosure regulations.Meanwhile, the company's board faced overwhelming opposition votes at the 2026 shareholder meeting, raising questions about its legitimacy. Bastion Trading demanded the company fully disclose the details of the SOL sell-off, restructure the board, and improve the acquisition terms (raising the acquisition price from $3 to at least $3.5), otherwise, it would not participate in this tender offer and reserves the right to take legal action.

According to CoinDesk, Nasdaq-listed fintech company Perpetuals.com plans to offer tokenized trading services for U.S. stocks based on the innovative exemption mechanism introduced by the U.S. Securities and Exchange Commission (SEC). This plan predates the proposal related to the joint venture between OKX and Intercontinental Exchange (ICE).Perpetuals.com CEO Patrick Gruhn co-founded Digital Assets AG, which developed stock-linked tokens for cryptocurrency exchanges including Binance and FTX, and was later acquired by FTX Group. The related trading could potentially start in mid-November, but the company still needs to complete technical and compliance preparations.

GlobalFoundries plans to build two chip factories with up to $21 billion in funding support from the Japanese government. The U.S. government will acquire about 4% of the company's shares.The new factories will produce foundational chips, widely used in fields such as automotive, industrial equipment, and communication devices. This move aims to increase the production of foundational chips in the U.S. and reduce dependence on East Asian suppliers.

AI Economic Settlement Agreement AEON announced the addition of local bank transfer payments in Chile, allowing users to enter amounts in Chilean Pesos (CLP) and complete payments using cryptocurrency assets. AEON is responsible for asset conversion and settling with merchants through local banks. This integration further expands AEON's local settlement network in Latin America, enabling AI Agents to make real-world purchases using familiar banking payment systems in the future, providing broader real purchasing power for the AI economy. AEON is currently operational in several Latin American countries, including Brazil, Mexico, Argentina, Peru, Bolivia, and Colombia.

According to official news, the PancakeSwap core team (The Kitchen) has released a tokenomics proposal titled "The Flip." This proposal suggests increasing the trading fee sharing ratio for PancakeSwap v3 and Infinity liquidity providers (LP) to 88% across all 11 supported chains, with the remaining 12% allocated as protocol fees to the treasury, while v2 remains unchanged.

CoreWeave, an AI cloud service provider supported by NVIDIA, is seeking to attract funding from insurance companies to reduce the financing costs of purchasing AI chips and building infrastructure. Co-founder Branning McBee stated that the company plans to raise funds through methods such as chip-backed loans, with financing exceeding $35 billion this year.

Pluto Security, an enterprise artificial intelligence security startup, announced the completion of a total of $42 million in financing.This round of financing includes an $8.5 million seed round led by TLV Partners, with participation from the founder of cybersecurity company Armis, as well as a $34 million Series A round led by Jump Capital, with participation from Skinos and Ansa Capital. The new funds will be used for product research and development, expanding security research operations, and increasing market presence in the United States.

San Francisco-based cybersecurity company Reach Security announced on October 13, 2026, the completion of over $50 million in Series B financing, led by Top Tier Capital Partners, with participation from Ballistic Ventures, In-Q-Tel, Microsoft's venture fund M12, and existing investors. The funds will be used for product innovation, expanding integration partnerships, international expansion, and growth in the U.S. enterprise and federal markets.At the same time, Reach Everywhere was launched, integrating security control insights into exposure management, security operations centers, incident response, compliance platforms, and AI security environments through the Reach API, MCP servers, and technology partners. The company claims its AI reads the real-time configurations of existing security products in enterprises, determines whether exploitation paths are blocked, and points out the specific rules that dictate that outcome, allowing for immediate remediation when protection is bypassed.According to VulnCheck, less than 1.3% of vulnerabilities were exploited in the wild in the first half of 2026; citing CrowdStrike, AI-enabled adversary actions increased by 89%, with the shortest time for attackers to breach being as little as 27 seconds. The number of customers has doubled in the past 12 months, including Autodesk, Insurity, MPS, and Ensemble Health Partners. Independent analysis by TAG Infosphere states that organizations using Reach save over 160 hours weekly on control reviews, situational assessments, and incident investigations, with a return on investment of 156%.

According to Decrypt, the Federal Bureau of Investigation (FBI) arrested OpenAI engineer Abdulrahman Alfozan on October 9. The suspect, 35 years old and of Saudi nationality, has been employed at OpenAI since July 2025 and is accused of using or attempting to use devices to intercept oral communications. He made his first appearance in federal court this Tuesday. OpenAI stated that it has referred the matter to the FBI and thanked the relevant agents and prosecutors for their swift action, while the FBI's investigation is ongoing.OpenAI released a statement on X, stating that the company discovered a sophisticated recording device hidden in the office and used its own model to analyze the device and its origin, ultimately identifying that an employee placed it there a few days prior. According to the criminal complaint, the device was discovered around September 30, plugged into a USB port on the back of a television, wrapped in paper towels, with its contents encrypted, and was installed around September 28. Surveillance footage showed that Alfozan was seen near the conference room multiple times before the device was discovered, but he had neither the authority to enter that room nor to attend the related meetings, which typically involved confidential technical and strategic information.The complaint states that before the device was installed, Alfozan used internal productivity tools to inquire about OpenAI's office building address, conference rooms, room capacities, schedules, and locations of meetings between executives and external partners. A chatbot account associated with his spouse asked between September 24 and 30 how to create a continuous recording device, add Wi-Fi connectivity, enhance real-time listening capabilities, and encrypt the device's SD card.

According to CoinDesk, the cryptocurrency exchange MNX, developed by the prediction market platform Manifold Markets, officially launched on Tuesday, offering futures contracts linked to the valuations of private AI companies such as OpenAI, Anthropic, DeepSeek, and Moonshot. The platform is built on the MegaETH blockchain and completed a $6.4 million funding round in June, led by Village Global.Compared to existing products from OKX and Bitget, MNX's contracts expire at the end of 2027 and do not charge periodic funding rates; the perpetual contracts offered by Bitget and OKX have no expiration date. Max Killberg from Village Global stated that AI is driving one of the largest investment cycles in history, but the financial infrastructure surrounding it remains quite underdeveloped. The organization hopes to build financial markets around AI rather than just betting on another prediction market.Stephen Gruggett, co-founder of Manifold Markets, indicated that MNX's model is better suited for private companies like OpenAI and Anthropic, which have infrequent equity trades and are difficult to price. Traders can use up to three times leverage, with prices determined by trading activity on the MNX platform rather than external price sources.If the company is still not publicly listed when the contracts expire, the exchange will use public valuations from funding rounds, investment funds, or secondary markets; MNX currently does not serve U.S. customers but plans to obtain the necessary licenses and intends to launch markets covering a broader range of the AI economy, including company revenue, employment, housing, AI supply chains, and computing power.

Strategy indicates that its "Bitcoin Banking Adoption Index" rose to 34% in the third quarter of 2026, showing that major banks worldwide are increasingly adopting Bitcoin and digital asset-related services, although the overall situation remains in the early stages. Among them, Fidelity ranks first with 77%, followed by JPMorgan Chase at 47% and BNY at 46%.Strategy states that the increase in the index this quarter was mainly driven by several advancements, including the expansion of Bitcoin ETF/ETP product access, the increase in institutional custody services, and the development of lending services using BTC as collateral.At the same time, progress in the fields of stablecoins and asset tokenization has also impacted the index's increase. As traditional financial institutions gradually explore digital asset infrastructure, Bitcoin-related services are extending from investment products to custody, financing, and financial application scenarios.

According to official news, the stablecoin issuer Tether announced an investment in the Latin American financial infrastructure company EFY Finance's seed round financing to promote the application of USD₮ and USA₮ in the institutional sector.Tether stated that this investment aims to strengthen the connection between stablecoins and the traditional financial system, supporting EFY Finance in developing cross-border payment, account services, and digital asset custody infrastructure based on stablecoins.Tether CEO Paolo Ardoino stated that many regions in Latin America are facing inflation and capital control pressures, and dollar stablecoins are becoming a tool for accessing dollar liquidity, while compliant infrastructure and banking connections are key to expanding applications.EFY Finance currently offers deposit/withdrawal services for USD₮ and USA₮, over-the-counter trading (OTC), wallet, and payment card services, covering local settlement channels for more than 12 currencies and 17 countries. The company has obtained a digital asset service provider license in El Salvador and serves over 25,000 individual and corporate accounts.