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OpenAI’s annual revenue predictions crash by $20B ahead of IPO
OpenAI has just walked into an awkward financial situation. Its yearly revenue pace is $50 billion, not the $70 billion investors were hearing about in September. That’s a $20 billion difference for a company currently valued at $852 billion and preparing to sell shares to the public. Before anyone starts looking for missing money, though,...Cryptopolitan
Thu, Oct 8
Solana’s top DEX Orca merges with Loopscale, pitches itself as a lender to AI and defense
Orca, Solana’s top decentralized exchange, has merged with lending protocol Loopscale to form a company called Formation. The New York company is pitching itself as credit plumbing for AI, energy, robotics and defense. The two teams announced the deal on October 7. Loopscale laid out the terms in a merger FAQ on its documentation site....Cryptopolitan
Thu, Oct 8
Pyth DAO votes to send all product revenue into PYTH buybacks
The Pyth DAO has approved a proposal to use 100% of the money it earns from Pyth’s commercial products into buying PYTH on the open market. The change, passed as OP-PIP-136, now means that the amount of PYTH the DAO collects now depends directly on the network’s fast-growing data revenue. What is Pyth DAO changing?...Cryptopolitan
Thu, Oct 8
XRP Ledger Batch Upgrade Nears Activation After Validator Vote Reset
The XRP Ledger's BatchV1_1 amendment remains in its activation window and is expected to enable around October 9 if validator support stays above the required threshold. The upgrade allows multiple transactions to be bundled into an atomic group, replacing an earlier Batch version that was halted af...Bitcoinist
Thu, Oct 8
Strategy Sets October 29 Date For Its Next Major Bitcoin Treasury Update
Strategy will report third-quarter 2026 results after US markets close on October 29 and hold a live webinar at 5 p.m. Eastern Time. The update will give investors the next full financial snapshot of the world's largest corporate Bitcoin treasury.NewsBTC
Thu, Oct 8
NFL says sports prediction contracts should be designated as gambling
The National Football League (NFL) has requested that the US Supreme Court designate sports prediction agreements as gambling instead of financial derivatives. The classification could impact the way Kalshi and its competitors respond to federal agencies or state gambling authorities and, in turn, the growth of the industry. The league’s argument against calling them swaps...Cryptopolitan
Thu, Oct 8
UK lists Cryptomus and Heleket as one firm after rebrand
The UK passed sanctions on the owner of crypto payment processors Cryptomus and Heleket, designating the two companies as a single sanctioned entity on Thursday, October 8, 2026. The two brands are now seen as one business, and it blocks off an avenue for an operator linked to Russia from moving users from one company...Cryptopolitan
Thu, Oct 8
Binance Offers 50 USDT Referral Rewards To Expand Its African P2P Merchant Network
Binance has launched a P2P merchant referral campaign across around 20 African markets. Referrers and qualifying new merchants can each earn 50 USDT if the new merchant completes the required number of trades and reaches at least 10,000 USDT of volume within 30 days.Bitcoinist
Thu, Oct 8
BNY Expands Regulated Crypto Custody Across The European Union Under MiCA
BNY has expanded its Digital Asset Custody platform to selected institutional clients across the European Union under MiCA. The move follows the addition of its European banking entity to the ESMA MiCA register and gives one of the world's largest custody banks a regulated route to hold and administ...NewsBTC
Thu, Oct 8
Trump denies rumors that he will attack Iran before the midterms
Donald Trump on Thursday said he has no plans to bomb Iran before the November 3 midterm elections, despite reports that his own administration has been preparing for another round of military attacks. The president made the announcement on Truth Social, saying: “I want to make it clear to everybody that, while Iran is in...Cryptopolitan
Thu, Oct 8
Hyperscale Data Opens Invite-Only Access To Its Ault Blockchain DEX
Hyperscale Data says Ault Markets is now providing invite-only access to a decentralized exchange running in beta on the Ault Blockchain. The publicly listed company plans to expand the platform with additional assets, including tokenized precious metals.Bitcoinist
Thu, Oct 8
Bitcoin ETFs Bleed $484.9 Million As BlackRock Leads A Broad Day Of Outflows
US spot Bitcoin ETFs recorded $484.9 million in net outflows on October 7, according to Farside Investors. BlackRock's IBIT led the withdrawals with $207.7 million leaving the fund, while Fidelity and ARK also posted nine-figure outflows.NewsBTC
Thu, Oct 8
Polkadot's "issuer-free" stablecoin launches on Tether's dollars
Polkadot has launched dotUSD, a stablecoin that it says has no issuing company, on Thursday, October 8. However, the token that went live is minted one-for-one against Tether’s USDT, which is the same kind of centrally controlled dollar coin that Polkadot’s own pitch warns against. In the same post where it announced the launch on...Cryptopolitan
Thu, Oct 8
Google launches new Gemini Spark AI agent that can work for you
Google just launched Gemini Spark, a new AI agent that can take work off your hands, figure out how to get it done, and come back with the finished product. The company launched the service on Thursday via Google Cloud, offering enterprises an AI system capable of conducting research, writing code, preparing reports, and completing...Cryptopolitan
Thu, Oct 8
Tokyo turns to blockchain to find new buyers for its record debt pile
The Ministry of Finance in Japan held its first meeting geared towards the tokenization of government bonds. The meeting was held on Thursday, October 8, 2026, and it mapped out three avenues blockchain could use in carrying Japanese Government Bonds (JGBs). Also, the ministry is looking into the feasibility of crypto rails to attract new...Cryptopolitan
Thu, Oct 8
Polygon Opens Its Money Stack To TRON’s $94 Billion USDT Market
Polygon Open Money Stack now supports TRON, giving payment and fintech businesses a single infrastructure layer for bank transfers, wallets, cross-chain routing and payouts involving TRC-20 USDT. Polygon says more than $94 billion of USDT currently circulates on TRON.NewsBTC
Thu, Oct 8
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