Top Stories

Russia's PSB Bank Launches USDT Payment Rail on October 13

Evernorth Holdings Lists on Nasdaq With 473M XRP Treasury, Shares Open Up 5%

Crypto Fear and Greed Index Falls to 56, Erasing Summer Gains

SkyAI Sells Half Its SOL Treasury, Launches $201M Buyback

Bitmine Crosses 6M ETH Threshold With $32M Buy as Tom Lee Calls Peak of Stacking Phase

OneKey Cuts Off CryptoBilis Reseller, Offers Free Wallet Replacements

Bybit Launches USDC-Funded US Stocks Trading With 150,000 USDC Prize Pool

Morgan Stanley Sets Q1 2027 Target for Tokenized Equities Support
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Morgan Stanley Sets Q1 2027 Target for Tokenized Equities Support

Payward Secures Full VARA Approval to Launch Kraken in UAE With AED Trading and Institutional Services

Standard Chartered Goes Live With Institutional Custody for Ripple RLUSD Stablecoin
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Markets

Russia's PSB Bank Launches USDT Payment Rail on October 13
Bank PSB's international settlement system A7 launches October 13, 2026, with A7 International service enabling payments in USDT stablecoin routed through traditional SWIFT transfers. The service targets Russian companies navigating sanctions-imposed restrictions on Western financial access.

Evernorth Holdings Lists on Nasdaq With 473M XRP Treasury, Shares Open Up 5%
Evernorth Holdings completed its Nasdaq debut today under ticker XRPN, with shares opening 5% higher. The company holds 473 million XRP and plans to deploy holdings through lending, liquidity provision, and yield strategies.

Crypto Fear and Greed Index Falls to 56, Erasing Summer Gains
The Crypto Fear and Greed Index has collapsed to 56, erasing summer gains and returning the market to neutral-to-bearish sentiment. Rising oil prices, elevated bond yields, and ETF outflows are driving the reversal.

SkyAI Sells Half Its SOL Treasury, Launches $201M Buyback
SkyAI has liquidated roughly half of its Solana treasury and announced a $201 million cash buyback program, marking a decisive strategic pivot by a crypto-native company. The buyback is priced at $3 per security and targets 95% of eligible shares and warrants, conditional on SOL maintaining a...
Regulation

Payward Secures Full VARA Approval to Launch Kraken in UAE With AED Trading and Institutional Services
Payward, Kraken's parent company, received Full Market Approval from Dubai's Virtual Assets Regulatory Authority, the highest licensing tier. The UAE launch will include AED-denominated trading, staking, xStocks, and Kraken Prime institutional services.

Blockchain.com Files for Two CFTC Licenses Ahead of $500M IPO
Blockchain.com has applied for a Derivatives Clearing Organization (DCO) license and a Futures Commission Merchant (FCM) license with the US Commodity Futures Trading Commission, positioning the exchange to offer prediction markets and crypto derivatives to American users before its planned $500...

New York AG Wins $35M Settlement and Lifetime Crypto Ban From Celsius CEO Alex Mashinsky
New York Attorney General Letitia James secured up to $35 million and a permanent industry ban from former Celsius Network CEO Alex Mashinsky, closing a major state-level enforcement action from crypto's 2022 lending collapse.

UK Sanctions Five Crypto Platforms Including Cryptomus and TokenSpot Over Russia Links
The UK government designated five cryptocurrency and payment platforms on October 8, 2026, as part of a broader 38-designation sanctions package targeting Russian financial networks. Cryptomus and TokenSpot are among the named platforms, with two handling transactions linked to Russia's A7 network.
DeFi

Robinhood Blockchain Hits 100-Day Mark with $15B in Tokenized Stock Volume
Robinhood's blockchain has processed $15 billion in stock token trading volume and attracted 200,000 holders in its first 100 days of operation. The milestone signals meaningful adoption of tokenized equities, though regulatory uncertainty and smart contract risks remain.

SUI Gains 54% in Four Weeks, Outpacing Bitcoin and Ether as DeFi Lags Behind
SUI added 54% in four weeks, significantly outperforming Bitcoin and Ether. However, the token's DeFi liquidity expanded more slowly than its price, a divergence that historically precedes corrections.

Base Creator Jesse Pollak Sees Tokenization Supercycle in Equities and Non-Dollar Stablecoins
Base creator Jesse Pollak predicts a tokenization supercycle driven by tokenized equities and non-dollar stablecoins. Coinbase's tokenized stocks on Base are generating $70-100 million in daily trading volume six weeks after launch.

Astroport Ends Tokenholder Governance on Neutron and Terra After Security Incident
Astroport has ended tokenholder governance on Neutron and Terra, replacing token-weighted voting with contributor-led control through DAO DAO organizations. ASTRO emissions have been cut to zero, removing both governance utility and yield incentives.
Technology

Nvidia Earnings Beat and $12.9B Hugging Face Deal Push Nasdaq Futures Up 1.1%
Nvidia stock jumped 7% in premarket trading Thursday after posting an earnings beat and announcing a $12.9 billion acquisition of Hugging Face. Nasdaq futures climbed 1.1% on the news, arriving ahead of the Federal Reserve's Jackson Hole Economic Symposium.

Mystery AI Model Ox Alpha Beats Claude Fable on Benchmarks, Creators Unknown
A new AI model called Ox Alpha has surfaced with no identifiable creators, a free price tag, and benchmark scores that outperform Anthropic's Claude Fable. The model ships with a 1 million token context window, accepts video as input, and is available at no cost.

Inception Labs' Mercury 2 Outperforms Google's DiffusionGemma in AI Showdown
Inception Labs released Mercury 2, an AI model that outperforms Google's DiffusionGemma while preserving model intelligence during the shift from sequential to parallel processing. The development marks a significant architectural transition in the post-autoregressive era.

Quantinuum Surges 13% on Nasdaq IPO Debut, Raising $1.68B
Quantinuum's shares opened at $68 on their first day of trading on Nasdaq, a 13% jump from the $60 IPO price, raising $1.68 billion in total proceeds and valuing the quantum computing company at approximately $17.63 billion market capitalization.
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