Odaily News: According to GMGN market data, the market cap of Robinhood Chain ecosystem meme coin VRAX briefly surpassed $8 million, now at $7.68 million, with an intraday gain of over 143%.

It is reported that VRAX was initially launched amid related discussions during the Robinhood Summit, and previously underwent a significant correction, with its price once dropping by approximately 99%. Robinhood CEO Vlad Tenev mentioned the token twice during an X platform Q&A event. Trader Bonk Guy previously stated that as early concentrated holdings gradually exit, VRAX is expected to benefit from the next round of increased activity in the Robinhood Chain ecosystem.

Odaily reminds readers that meme coin prices are highly volatile and susceptible to market sentiment and trending events. Please be aware of trading risks.

Odaily News: Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered Bank, said in a Wednesday report that he still expects the stablecoin market to reach $2 trillion, but due to stalled supply growth this year, the expected timeline for hitting that target has been pushed back from 2028 to 2030. Over the past 12 months, stablecoin supply has roughly hovered between $300 billion and $320 billion, and currently stands at about $309 billion. The report said that this year's average monthly on-chain transfer volume for stablecoins is close to $10 trillion, up from $4 trillion in 2025, with a single-month peak of about $19 trillion in May; average monthly turnover velocity has risen from about 15 times in 2025 to about 30 times. USDT's average monthly turnover is about 7 times, mainly used for USD savings in emerging markets; USDC's average monthly turnover has increased from about 45 times to about 80 times, with more usage in payments, financial transactions, and early-stage payments between AI agents.

Odaily News: According to on-chain analyst Yu Jin's monitoring, a whale opened a long position of 20,000 ETH at $1,936 on August 19, and closed it today, 2 months later, at $2,421.6, making a profit of $8.93 million. Previously, on September 22, when ETH rose to $2,800, the whale's unrealized profit had reached $17.42 million.

Odaily News: Ondo Finance has announced that its platform's total value locked (TVL) has surpassed $4 billion, marking a new milestone. Among this, tokenized stocks and ETF assets exceed $1.3 billion, with cumulative holders across its various products surpassing 1 million. Ondo claims it is currently the largest tokenized U.S. Treasury platform.

Ondo stated that the platform is expanding from tokenized U.S. Treasuries into asset classes such as stocks, ETFs, portfolios, and private markets. Its Ondo Stocks connects to traditional financial exchange liquidity through a request-for-quote (RFQ) mechanism, and with the support of its wallet and app, enables permissionless transfers of related tokenized assets across Solana, Ethereum, and BNB Chain.

Odaily News: OpenAI has accused a former employee of sending over 100 files related to the company's unreleased devices to a personal account before leaving to join Apple, and subsequently showing related products to Apple's senior management.

Notably, Apple had previously filed a lawsuit against OpenAI, accusing the latter of stealing trade secrets related to its unreleased hardware products, further escalating the intellectual property dispute between the two sides over hardware technology. (Reuters)

Odaily reports that Sui posted on X that it achieved a live on-site TPS of 40.68 million at Sui Basecamp 2026, certified by CertiK. Sui stated that it can now process Visa's daily transaction volume within 20 seconds; AI Agents will not wait 3 seconds to complete a payment.

Odaily reports: David Sacks posted on X, criticizing Anthropic's latest research report for exaggerating the security risks of small AI models autonomously replicating and spreading on IoT devices. He pointed out that the related experiments relied on devices with pre-opened debug ports, external servers, and artificially assigned propagation tasks, which is insufficient to prove that AI worms capable of autonomous spread exist in reality.

Sacks stated that traditional malware has long been able to spread at scale by exploiting vulnerabilities such as default device passwords, open ports, and lack of security updates, and that small models have not significantly changed this threat pattern.

He also mentioned that Coinbase recently fine-tuned the Qwen-3.5-9B model using its own anti-fraud data, outperforming frontier models including Anthropic Opus 4.5 in relevant tests, and reducing fraudulent transactions by approximately 30%.

Sacks believes that small models optimized for specific enterprise tasks are competitive in terms of cost, speed, and practical effectiveness, and are posing a challenge to the business models of closed-source large model companies such as Anthropic. He questioned Anthropic's emphasis on safety risks at a time when small models are beginning to gain enterprise market share, and argued that the proliferation of specialized small models may actually reduce reliance on large general-purpose AI systems.

Odaily reports that Osmosis has announced in an official notice that a proposal discussion on "Ending OSMO Inflationary Issuance" has been initiated on the community forum. The proposal aims to halt the mint module's daily issuance of new OSMO, with staking rewards to be funded entirely from protocol revenue; at the current burn rate, approximately 2% of the OSMO supply is burned annually, with no new issuance to offset it. The target on-chain date for the proposal is October 20. Daily developer vesting releases will also be paused, with approximately 51.9 million OSMO remaining in the vesting module account; any future releases would require a separate governance decision.

Odaily reports: According to the official Polygon blog, Polygon Labs has announced the completion of its acquisition of cryptocurrency trading and payments company Coinme, thereby granting its payment infrastructure product Polygon Open Money Stack (OMS) the capability to offer compliant payment services in the United States.

Currently, the platform operates across 48 U.S. states, holds 37 state-level money transmitter licenses and 11 exemptions, and is registered with the U.S. Financial Crimes Enforcement Network (FinCEN) as a money services business.

OMS integrates fiat on-ramps and off-ramps with wallet technology, enabling enterprises to receive funds in multiple forms, settle via stablecoins, and withdraw in local fiat currency. This transaction is part of Polygon Labs' $250 million acquisition plan announced in January 2026, which also includes the previously completed acquisition of Sequence.

Odaily: StarkWare has opened OffMarket to the public, allowing Polymarket users to trade without publicly linking their positions to existing accounts. The service is built on zero-knowledge technology and a shared privacy pool on Starknet, using a non-custodial model where user keys remain in the browser; each account has a deposit cap of 1,000 USDC, and the pool contract has been audited by OpenZeppelin and formally verified. Orders are still matched on Polymarket at the same buyer-seller and market prices, while trade records, positions, order sizes, and history on Polygon remain public, meaning others may still infer trader identity through trade size or timing. OffMarket is not an official Polymarket product but is part of Polymarket's verified Builder program, and it maintains geographic restrictions including a ban on U.S. users; Financial Privacy Inc. holds the master viewing key for sanctions screening and disclosure under lawful requests. Starknet's shared privacy pool currently holds approximately $1.5 million and 17,000 deposits.

Odaily reports: EasyA, a blockchain and AI application development education platform, has secured a standalone valuation of $1.1 billion and plans to go public through a direct listing in the first half of next year. The company has filed registration documents with the U.S. Securities and Exchange Commission (SEC), though the current valuation does not represent the actual price investors will pay once its shares begin trading.

EasyA states that its app has surpassed 1.3 million users and is considering issuing tokenized shares. Meanwhile, the company is expanding into tokenization projects and applications involving AI agents. (CoinDesk)

Odaily reports that Papertrade, a synthetic perpetual protocol built on HyperEVM, has surpassed $1 trillion in cumulative notional trading volume, with TVL at $61.8 million, open interest positions at approximately $664 million, and margin corresponding to existing positions at around $13.28 million. Papertrade is a fully onchain synthetic perpetual trading platform deployed on HyperEVM, reading the BBO midpoint price from the Hyperliquid order book. Users trade directly against the protocol's LP as counterparty, without employing traditional order book matching.

According to Odaily monitoring, a contract account (Wintermute market-making address) has accumulated profits exceeding $175 million. From 20:26 to 22:39 on October 14, 2026, it reduced its SP500 short position value from approximately $4.168 million to approximately $2.53 million, a net reduction of about $1.6 million; during this period, it closed approximately $4.116 million in short positions and opened approximately $2.518 million in short positions, with closing profits of approximately $18,300.

Address: 0xecb63caa47c7c4e77f60f1ce858cf28dc2b82b00

Odaily News: Nasdaq-listed company SkyAI, which centers on a Solana digital asset treasury, previously held more than 2 million SOL. Since October, the company has transferred out approximately 1.57 million SOL, worth about $175 million; SkyAI has disclosed the recent sale of 1 million SOL, amounting to about $107 million, and stated it may continue selling. On-chain data shows its average purchase price was about $194, and based on recent prices, losses exceed $160 million. A Form 8-K filed on October 13 showed that the company's SOL holdings had dropped to about 600,000, a decline of about 70% from the more than 2 million disclosed in mid-September. The timing of the sales, average transaction prices, and approval process had not previously been fully disclosed to shareholders. Bastion Trading, a major shareholder holding about 9.99% of outstanding common stock, said today that it has serious concerns about the cash tender offer announced by SkyAI on October 11, will not participate until those concerns are properly addressed, and demands the immediate full disclosure of details regarding the SOL disposal, the launch of an independent review, a reshuffle of the board of directors, and an increase in the tender offer price from $3.00 per share to at least $3.50 per share. Bastion Trading also pointed out that at the 2026 annual shareholders meeting, all five incumbent directors received far more abstentions than votes in favor, with some ratios approaching three to one, and questioned why the incumbent board, after losing shareholder trust, is still leading the sale of core reserves and advancing the tender offer.

Odaily reports, according to CoinGlass data, that over the past 4 hours, $190 million was liquidated across the network, including $177 million in long positions and $13.1452 million in short positions, with long liquidations accounting for approximately 93.2%.

Odaily: Chainlink's Data Feeds and Data Streams have officially gone live on the Stellar network. Stellar stated that developers can leverage these to access reliable market data and build DeFi applications such as lending markets, prediction markets, and perpetual contracts, further unlocking the utility of Stellar's over $4 billion RWA ecosystem.