Blockonomi

TLDR
Amazon stock drops 3.92% to $244.62 as the company prepares to report Q3 earnings
Amazon forecasts point to $202.25 billion in Q3 revenue, up from $180.16 billion
AWS revenue could reach $45.68 billion as Amazon expands its artificial intelligence business
Amazon’s Q3 report will highlight cloud growth, advertising sales, and AI spending plans
Amazon shares slide ahead of earnings as markets assess revenue growth and profit margins
Amazon (AMZN) shares dropped 3.92% to $244.62 as selling pressure increased ahead of the company’s third-quarter earnings report. The stock declined from around $252.50 and briefly approached $242 before recovering slightly. However, the price resumed its downward movement as the market awaited Amazon’s financial results.

Amazon.com, Inc., AMZN
Amazon Stock Falls Ahead of Quarterly Results
Amazon will release its third-quarter results on Thursday, following mixed earnings reports from major technology companies. Google shares plunged more than 12% after its latest earnings announcement, while Microsoft shares gained following stronger-than-expected results. These contrasting reactions highlighted the importance of company performance in shaping technology stock movements.
Amazon’s upcoming report will provide updated figures on revenue, earnings, and performance across its major business segments. According to Bloomberg consensus estimates, analysts expect earnings per share of $1.97 and revenue of $202.25 billion. In the same quarter last year, Amazon reported earnings per share of $1.95 and revenue of $180.16 billion.
The projected figures indicate higher expected earnings and revenue compared with the previous year’s quarter. However, Amazon’s reported results will determine whether its performance matches those expectations. The company’s cloud computing business will remain a major part of the earnings report.
AWS Growth and Advertising Revenue in Focus
Amazon Web Services (AWS) is projected to generate $45.68 billion in quarterly revenue, compared with $33 billion in the previous year’s period. That estimate represents expected year-over-year growth of approximately 38%. The results will provide an updated view of demand for cloud computing services and artificial intelligence infrastructure.
Amazon’s online store sales are projected to reach $69.6 billion, representing growth of approximately 3%. Meanwhile, advertising revenue is expected to reach $20.91 billion, an increase of 18% from the comparable period. These estimates highlight different growth rates across Amazon’s retail and advertising operations.
AWS also provides cloud infrastructure and services that support businesses using artificial intelligence applications. Amazon offers services through its cloud platform, including Bedrock, which enables enterprises to access different AI models. Its Graviton processors also support cloud computing workloads, adding another dimension to the company’s technology operations.
Amazon’s AI Spending Remains a Key Factor
Amazon continues to spend substantial amounts on artificial intelligence infrastructure, alongside other major technology companies. These investments support computing capacity and services designed to meet demand for AI applications. However, capital expenditure remains an important factor in assessing the company’s financial performance.
Recent earnings announcements have highlighted differences in spending plans across the technology sector. Google and Microsoft presented capital expenditure outlooks below market expectations, while Meta raised the lower end of its guidance last week. These developments have placed additional attention on spending plans among major technology companies.
Amazon’s earnings report will provide further information about its financial performance and investment plans. Its AWS revenue, operating profitability, and capital expenditure figures will help explain the company’s quarterly results. Meanwhile, the stock’s decline to $244.62 establishes the market position ahead of Thursday’s announcement.

The post Amazon (AMZN) Stock: Falls 3.92% Ahead of Q3 Earnings Report appeared first on Blockonomi.

TLDR
Eli Lilly stock jumps 5.95% as Q3 revenue surges 39% to $24.4 billion.
LLY shares gain $76.68 as Mounjaro and Zepbound drive strong quarterly growth.
Eli Lilly raises 2026 revenue guidance to 91billion–92 billion after strong Q3.
Eli Lilly reports $7.22 in Q3 EPS as revenue climbs and acquisition charges weigh.
LLY stock rallies as Eli Lilly expands its drug pipeline and raises its 2026 outlook.
Eli Lilly and Company (NYSE: LLY) shares climbed 5.95% to $1,364.98, adding $76.68 during the trading session. The pharmaceutical company reported third-quarter 2026 revenue of $24.4 billion, representing a 39% increase year over year. Strong demand for Mounjaro and Zepbound supported growth, while management raised its full-year revenue guidance.
Eli Lilly and Company, LLY
Eli Lilly Stock Rises as Mounjaro and Zepbound Drive Revenue Growth
Eli Lilly generated $24.397 billion in third-quarter revenue, compared with $17.601 billion during the same period in 2025. Revenue growth reflected a 53% increase in sales volume, although a 15% decline in realized prices partially offset gains. Mounjaro and Zepbound remained the primary growth drivers as demand expanded across major markets.
In the United States, revenue increased 34% to $15.1 billion, supported by a 41% increase in volume. However, realized prices declined 7%, primarily because of Zepbound pricing and adjustments to rebate and discount estimates. Outside the United States, revenue climbed 47% to $9.3 billion as volume increased 76%, mainly through Mounjaro sales.
The company also recorded $410 million in Jardiance sales-based milestone payments through its collaboration with Boehringer Ingelheim. These payments contributed to quarterly revenue, alongside favorable adjustments to rebate and discount estimates. Meanwhile, revenue from key products across immunology, oncology, and neuroscience doubled compared with the third quarter of 2025.
Eli Lilly Reports Higher Earnings Despite Acquisition Charges
Eli Lilly reported third-quarter net income of $6.45 billion, up 16% from $5.58 billion a year earlier. Reported earnings per share increased 16% to $7.22, compared with $6.21 in the corresponding 2025 quarter. However, acquired in-process research and development charges significantly affected the company’s reported earnings.
Non-GAAP net income reached $6.68 billion, representing a 6% increase from $6.31 billion in the previous year. Adjusted earnings per share rose 7% to $7.48, compared with $7.02 during the same period. Both reported and adjusted earnings included $4.57 per share in acquired research and development charges, compared with $0.71 previously.
Gross margin increased 40% to $20.5 billion, while the gross margin percentage improved to 83.9%. Better product mix and lower production costs supported the improvement, although lower realized prices limited some gains. Research and development expenses rose 23% to $4.2 billion as the company continued funding its drug development pipeline.
Eli Lilly Raises 2026 Guidance Following Strong Quarterly Performance
Eli Lilly increased its 2026 revenue guidance by $5.5 billion at the midpoint, setting a new range of $91 billion to $92 billion. The company also raised its underlying full-year non-GAAP earnings guidance by $4.07 per share at the midpoint. However, acquisition-related research and development charges offset that improvement, leaving the updated earnings guidance at $35 to $36 per share.
Regulatory developments included United States approvals for Mounjaro’s cardiovascular risk reduction indication in adults with type 2 diabetes. The company also secured approvals for Onswik, Inluriyo in combination with Verzenio, and an expanded Jaypirca indication. These decisions broadened its commercial opportunities across diabetes, oncology, and other treatment areas.
Pipeline progress included positive Phase 3 results for retatrutide against Ozempic 2 mg in adults with type 2 diabetes. Eli Lilly also reported clinical results for Ebglyss in hand and foot atopic dermatitis and EloraTZP in adults with obesity and type 2 diabetes. The company completed its AtaiBeckley acquisition during the quarter and subsequently completed its acquisition of Merida Biosciences, expanding its presence in mental health, autoimmune, and allergic disease treatments.

The post Eli Lilly and Company (LLY) Stock: Surges 5.95% as Q3 Revenue Jumps 39% to $24.4 Billion appeared first on Blockonomi.

Kurzfassung
Polygon Labs hat seine Zahlungsdienste Open Money Stack auf Solana ausgeweitet.
Die Integration verbindet Solana-Unternehmen mit Bankdienstleistungen und globalen Zahlungsoptionen.
Unternehmen können über eine einzige Integration Stablecoin-Transfers, digitale Wallets und Auszahlungen verwalten.
Polygon und Solana werden weiterhin als separate Blockchain-Netzwerke betrieben.
Solana hat 2026 Stablecoin-Transfers im Wert von mehr als 5,7 Billionen US-Dollar abgewickelt, laut dem im Bericht zitierten Vertreter der Solana Foundation.
Kira gehört zu den ersten Unternehmen, die die Integration für internationale Zahlungen an Lieferanten nutzen.

Kurzfassung
ICE ist eine Partnerschaft mit TradeXYZ eingegangen, um regulierte Hyperliquid-Perpetual-Futures in den USA einzuführen.
Der HYPE-Kurs stieg nach der Ankündigung vom 29. Oktober um etwa 15 % auf 91,21 $.
ICE wird die geplanten regulierten Märkte betreiben, während TradeXYZ die Kontrakte entwickeln wird.
Die HIP-3-Technologie von Hyperliquid wird Perpetual-Futures unterstützen, die an Kryptowährungen und traditionelle Vermögenswerte gekoppelt sind.
ICE übernimmt im Rahmen der Vereinbarung eine Minderheitsbeteiligung an TradeXYZ.
Intercontinental Exchange (ICE), die Muttergesellschaft der New York Stock Exchange, ist eine Partnerschaft mit TradeXYZ eingegangen, um regulierte Perpetual-Futures in den USA auf Hyperliquid anzubieten. Die Ankündigung vom 29. Oktober ließ den HYPE-Kurs steigen, doch der Markt benötigt noch die behördliche Genehmigung.

TLDR
Pi Network confirmed that Protocol 28 completed its Mainnet upgrade on October 16.
The upgrade improves transaction processing and smart contract maintenance for developers.
Pi Network will hold its first Ecosystem Summit from November 17 to 19, 2026.
The summit will feature developer demonstrations, platform updates, and plans for another hackathon.
Pi Desktop version 0.6.4 allows remote SoloHost access without manual router configuration.
Pi Network continues to explore OUSD stablecoin payments and rewards through Open Standard.
Pi Network has confirmed its blockchain upgrade ahead of its first Ecosystem Summit in November. Meanwhile, PI Price rose around 3% on October 29, nearing $0.08 after weeks of losses. The project has also announced new desktop tools and plans to explore stablecoin payments.
Protocol 28 Upgrade Completed on Mainnet
Pi Network said on October 22 that Mainnet switched to Protocol 28 on October 16. Reports had questioned whether the update went live on schedule, but the team’s statement confirmed its completion.
The upgrade improves handling of delayed transaction data. Developers can also update several smart contracts together and make safer changes to information stored by applications. Pi has not announced a broad release of public smart-contract apps following the upgrade.
Elsewhere, Curve Finance launched on Stellar on October 29, bringing trading tools to another blockchain’s smart-contract system. Pi Network has not provided a timetable for comparable public services.
Pi Ecosystem Summit and Desktop Updates
Pi Network will hold its first online Ecosystem Summit from November 17 to 19. The three-day event will include software announcements, developer demonstrations, existing application showcases, and details of another hackathon.
Pi says its Core Team will meet developers. Its ecosystem currently includes more than 300 Mainnet apps. Separately, a Spanish-language Axis Robotics community account described a possible Pi integration, without giving technical details or a launch date.
Pi is exploring rewards and payment uses for Open Standard’s OUSD stablecoin. Separately, Visa reported $25 billion in annualized stablecoin settlement this week. Pi has not announced an OUSD Mainnet launch date or integration details.
On October 22, Pi Desktop 0.6.4 removed the need for manual router changes when accessing SoloHost apps remotely. The software also introduced checks designed to limit each app’s access to unrelated files and networks.
Pi Network and PI Price Outlook
PI traded near $0.079 on October 29, gaining roughly 3% over 24 hours. Despite the recovery, the token remained lower for the month after trading above $0.09 in early October.
Market analyst Crypto With Gopal identified a possible double-bottom pattern near $0.074. Separately, Bitcoin exchange netflows turned positive as the wider market tracked developments around $80,000 BTC.
“A breakout above $0.082 could open the door toward $0.090-$0.092. Bulls need to reclaim resistance to confirm momentum,” Gopal wrote.
The post Pi Network Confirms Upgrade as November Summit Nears appeared first on Blockonomi.

TLDR
The Bank of Russia has exempted international crypto settlements from restrictions on self-custody wallets.
First Deputy Governor Vladimir Chistyukhin confirmed that non-custodial wallets remain available for cross-border transactions.
Direct transfers from regulated Russian digital accounts to personal wallets remain restricted.
Russian investors can use regulated foreign custodial platforms to transfer eligible assets to personal wallets.
Direct peer-to-peer cryptocurrency transactions remain permitted during the transition period ending July 1, 2027.
The Bank of Russia has confirmed that restrictions on self-custody cryptocurrency wallets will not cover international settlements. First Deputy Governor Vladimir Chistyukhin said the exemption allows overseas payments while Russia tightens rules for domestic crypto transactions.
Bank of Russia Keeps Cross-Border Wallets Available
“Use of non-custodial wallets is permitted for international settlements,” Chistyukhin told reporters on October 29, according to TASS.
Such wallets let owners control their private keys without relying on a cryptocurrency exchange or custodian. He spoke at a corporate governance forum organized by Moscow Exchange on Thursday.
Under the rules, investors cannot transfer crypto directly from Russian regulated digital accounts to personal wallets. Chistyukhin said assets can instead move to a regulated foreign custodial platform, where users may subsequently withdraw them to self-custody wallets.
Domestic Crypto Transfers Face Stricter Rules
Federal Law No. 282-FZ took effect on September 1, introducing controls for licensed domestic crypto trading and custody services. Separately, South Korea is preparing cross-border crypto transfer reporting requirements for exchanges under its revised foreign exchange rules.
Russia also limits ordinary retail investors to cryptocurrency purchases worth 300,000 rubles annually per intermediary. They must pass eligibility checks before accessing approved assets. Qualified investors operate under separate requirements.
Peer-to-Peer Transactions Have Transition Period
The Bank of Russia says individuals may continue direct peer-to-peer crypto transactions until July 1, 2027. After that date, residents must use authorized intermediaries for covered transactions. The rules do not prohibit ownership of cryptocurrency already held in personal wallets.
Wallet restrictions have also surfaced outside Russia. Recent wallet screening disputes involving Hyperliquid followed reports that some accounts were flagged after transfers linked to the HTX. The cases concern separate platform controls.
Crypto Exchange Supervision Expands
On October 29, the Bank of Russia recognized the National Association of Securities Market Participants, known as NAUFOR, as a self-regulatory body for crypto exchanges and digital depositories. The central bank’s registers list 23 exchange operators and eight depositories.
Registered firms must join a self-regulatory organization within 90 days. NAUFOR will develop standards and monitor compliance. It will also advise firms on meeting their new obligations. Elsewhere, Brazil’s Itaú Unibanco recently registered its crypto trading and custody operations under new central bank rules.
Sberbank is among Russia’s registered digital depositories. The lender plans to introduce crypto services in December, while Moscow Exchange has outlined plans for regulated cryptocurrency trading.
The post Bank of Russia Keeps Overseas Crypto Transfers Open appeared first on Blockonomi.

Kurzfassung
Tyler Winklevoss kritisierte Christine Lagarde nach der Ankündigung ihres vorzeitigen Rücktritts von der EZB.
Lagarde wird die Europäische Zentralbank am 7. Februar 2027 verlassen, bevor ihre Amtszeit endet.
Die EZB-Präsidentin hat den Wert von Bitcoin wiederholt infrage gestellt und eine strengere Regulierung von Kryptowährungen gefordert.
Lagarde bezeichnete Bitcoin während einer Reuters-Konferenz im Januar 2021 als hochspekulativ.
Im Mai 2022 warnte Lagarde, dass Kryptowährungen keine zugrunde liegenden Vermögenswerte hätten und Anleger Verluste erleiden könnten.

Bitcoin (BTC) has slipped about 5% this week and now trades just under $80,000, edging toward support near $76,500. The drop comes as Strategy’s Michael Saylor calls for a new bull market within a year.
That gap between a bold Bitcoin price prediction and a weak chart defines the moment. A possible Fed rate hike hangs over the market, and the coin still sits well below last year’s peak.
Traders who weigh calls like Saylor’s also look for tools that make those decisions easier. One of them is MEMASA ($MEMASA), an upcoming AI crypto trading app that lets users research and trade crypto through a chat.
Saylor’s Bullish Bitcoin Price Prediction Meets a Rate-Hike Headwind
Michael Saylor, executive chairman of Strategy, predicts Bitcoin will climb past $100,000 over the next year.
Strategy is the largest Bitcoin treasury company, so Saylor is hardly a neutral voice on the coin.
Still, a recent analysis from The Motley Fool argues his call is on target.
The case rests on Bitcoin’s four-year cycle, where bear-market bottoms tend to arrive about a year after a peak.
Bitcoin topped out last October, so its slide toward $57,700 earlier this year may have marked that bottom.
In past cycles, the year after the low brought big gains, including a rise of about 155% in 2023.
Support at $76,500 Faces a Likely Test
BTC now trades near $80,000, down almost 5% over the past week.
The nearest strong support sits near $76,500, while resistance waits much higher, near $88,900.
Technical indicators lean bearish, and the Fed’s rate hike in September adds pressure, since Bitcoin tends to lag when rates rise.
For any near-term Bitcoin price prediction, a break below support could open a path toward $69,500, while reclaiming resistance would strengthen Saylor’s case.
MEMASA Launches an AI Trading App with Less Chart Staring and More Smart Decisions
MEMASA is an upcoming AI-powered crypto trading app that lets people research, buy, and sell cryptocurrencies by chatting with an AI assistant.
Instead of studying complicated charts, tracking hundreds of tokens, or switching between trading platforms, users will be able to ask MEMASA questions in plain language.
For example:
“Can BTC hold $76,500 as Saylor calls for $100K?” MEMASA will analyze market indicators, trading activity, and sentiment to explain what the available data suggests.
MEMASA tackles problems almost every on-chain trader knows: too many charts, too much noise, scam tokens, and endless switching between apps. It brings market analysis, risk checks, and trading into one AI-powered chat. That gives MEMASA a real shot at attracting a wide audience, from crypto newcomers to seasoned traders.
MEMASA is preparing for launch, so anyone wishing can join a waitlist for early access to the app.
How to Join MEMASA Waitlist
Bitcoin Price Prediction vs. $MEMASA’s Pre-Listing Upside
BTC and $MEMASA are of different leagues: Bitcoin is the largest cryptocurrency, with a price that depends on market cycles, interest rates, and institutional demand, while $MEMASA is a utility token powering the MEMASA trading ecosystem. Its proposed role is directly connected to how people use the app.
$MEMASA will support several functions:
Premium AI intelligence: Access to advanced market analysis and trading insights.
Trading fee discounts: Reduced fees for eligible platform activity.
Analyst and agent staking: Analysts and AI agents stake $MEMASA to list their strategies and signals.
Marketplace payments: Transactions involving intelligence services and trading strategies.
Curation and contributor rewards: Incentives for participants who contribute useful signals and help curate the ecosystem.
Fixed Supply and Early Access to $MEMASA
Like BTC, which has a capped supply, $MEMASA has a fixed token supply. The token structure also includes long-term team vesting and transparent unlock schedules.
MEMASA is offering an on-chain early sale, giving participants early access to $MEMASA before broader market availability. The earlier stages offer lower token prices, while later stages provide faster unlocks.
BTC’s next big rally depends on whether its cycle bottom is already in. MEMASA is preparing for launch, with its on-chain early sale offering tokens below the anticipated market price. However, future returns will depend on successful app development, user adoption, and demand for $MEMASA. Higher potential also comes with higher risk.
Access Early Stage of $MEMASA On-chain Sale
The Road Ahead for BTC and MEMASA
Bitcoin’s next move depends on whether buyers defend support near $76,500. A break lower could send it toward $69,500, while a push back to $88,900 would put Saylor’s target back in focus.
The Fed remains the key catalyst, as another rate hike before year-end could keep pressure on the price.
MEMASA faces a different test, as it needs to turn an AI trading concept into an app people use regularly.
Both outcomes remain uncertain, and higher potential comes with higher risk.
The post Bitcoin Price Prediction: Saylor Calls $100K in 12 Months, So Why Is BTC Sliding Toward $76K? appeared first on Blockonomi.

TLDR:
Curve Finance has launched on Stellar, marking its first native deployment outside the EVM ecosystem.
Stellar users can create permissionless pools, swap assets, and provide liquidity through Curve’s interface.
The Stellar Development Foundation supported the deployment to expand stablecoin and tokenized asset trading.
Curve plans to introduce FXSwap on Stellar after its audit, targeting efficient cross-currency asset trading.
Curve Finance has launched on the Stellar mainnet, marking its first native deployment outside the Ethereum Virtual Machine (EVM) ecosystem.
The release brings the protocol’s audited StableSwap implementation to Stellar. Users can create pools permissionlessly, discover existing pools, swap assets, and provide liquidity.
The Stellar Development Foundation (SDF) supported the deployment, which was built for the network’s smart-contract environment.
The launch brings stablecoin-focused trading to a new network. The interface is now available at stellar.curve.finance for users.
StableSwap Brings Low-Slippage Trading to Stellar
Curve Finance is among the leading DeFi protocols for stablecoin trading. StableSwap is designed for low-slippage trading between stablecoins pegged to the same currency.
The model also covers other closely correlated assets. Curve Finance’s audited StableSwap implementation now operates on the network.
Michael Egorov, founder of Curve Finance, spoke about the move beyond EVM chains. He said, “At Curve, we started exploring possibilities of launching beyond EVM chains if there is demand. Stellar looks like a good fit: it’s closer to the familiar EVM world than many other chains.”
Now live: @CurveFinance.
"Having one of DeFi’s most trusted liquidity protocols choose [Stellar] for its first native deployment outside EVM shows that the network is the home for practical financial applications." –@DenelleDixon#Meridian2026https://t.co/WGJhXrj8eQ
— Stellar | Meridian Oct 28-29 (@StellarOrg) October 29, 2026
Egorov then addressed demand on the network. He continued, “And at the same time, the demand for Curve is there, and it comes from institutions. Excited to see where this integration goes!”
The use cases extend beyond standalone swaps. As liquidity develops, other applications can integrate these pools. The pools can then serve as trading venues for collateral liquidations.
They can also support exits from positions in lending and other financial applications. This gives asset issuers a way to develop trading venues for supported assets on the Stellar network. Users can create these pools permissionlessly, without needing approval.
SDF Backs the Deployment as FXSwap Plans Emerge
Denelle Dixon, CEO and Executive Director of the Stellar Development Foundation, commented on the launch. She said, “Stablecoins and tokenized assets only deliver real value when people can move between them efficiently, and Curve’s arrival gives developers on the Stellar network’s proven infrastructure to build those markets.”
Dixon added, “Having one of DeFi’s most trusted liquidity protocols choose the Stellar network for its first native deployment outside EVM shows that the network is the home for practical financial applications.” The SDF supported the deployment of the protocol on the network.
Curve also plans to bring FXSwap to the Stellar network once its audit is complete. FXSwap is designed for efficient trading between assets whose relative prices change. Examples include stablecoins pegged to different currencies.
FXSwap concentrates liquidity around market prices. This provides dedicated infrastructure for onchain currency conversion.
Meanwhile, Curve Finance’s integration gives developers and asset issuers new ways to build onchain markets. It also adds utility to stablecoins and tokenized assets. Users can access the deployment through stellar.curve.finance.
The post Curve Finance Launches on Stellar in First Native Non-EVM Deployment appeared first on Blockonomi.

TLDR:
Singapore police reported at least two cases since September 10, with losses of about S$3.5 million.
Some Ledger wallets bought from Singapore retailers held malicious parts that could capture private keys.
Ledger is reviewing the affected cases, and police investigations into the tampering are still ongoing.
Police urge users of suspected devices to stop transacting and move assets to a new, trusted wallet.
Ledger hardware wallets sold at some Singapore retailers contained malicious components, according to the Singapore Police Force (SPF).
The police made the announcement on October 28. The components could capture recovery phrases or private keys from users. At least two cases have been reported since September 10, 2026.
Total losses amount to about S$3.5 million, or roughly $2.7 million. Ledger, the French wallet manufacturer, is reviewing the affected cases, while police investigations remain ongoing.
Details of the Tampered Wallet Cases
The SPF said preliminary investigations traced the affected Ledger hardware wallets to some retail stores in Singapore. In its advisory, the police stated that the wallets “contained malicious hardware components.”
These parts could record users’ recovery phrases or private keys. As a result, the devices were no longer safe for storing digital assets.
Singapore Police Say Ledger crypto Wallets Sold at Local Retailers Contained Malicious Hardware Implants
Singapore police said on October 28 that some Ledger cryptocurrency hardware wallets purchased from local retailers contained malicious hardware implants capable of stealing… pic.twitter.com/RckYdTzFMq
— Wu Blockchain (@WuBlockchain) October 29, 2026
Unauthorised persons could use the captured information to access the wallets. They could then transfer assets without the owners’ knowledge or consent.
Such access would not require the owner’s involvement. The police confirmed that the reported cases account for losses of about S$3.5 million.
Since September 10, 2026, the police have received at least two reports. According to the advisory, the SPF is “in contact with Ledger, which is reviewing the affected cases.” The police described their findings as preliminary. Investigations are continuing.
Ledger is a leading French hardware wallet manufacturer. The police did not name the retail stores involved. They also did not describe how the components were added to the devices. The advisory did not mention any arrests.
Police Advice for Crypto Holders
The SPF urged the public to be cautious when holding or transacting cryptocurrencies. Users should check official advisories from their hardware wallet providers for current guidance. The SPF listed these precautions for owners of Ledger hardware wallets and other crypto holders.
Users should also “avoid holding cryptocurrencies in devices suspected to be tampered with,” the police said. They should refrain from entering recovery phrases or making further transactions on such devices.
The police also said users should take appropriate steps to safeguard their holdings. Instead, they can contact their wallet provider through official support channels.
Users who suspect their Ledger hardware wallets are compromised have another step available. The police said they should consider moving remaining assets to a new, trusted wallet. That wallet should use a newly generated recovery phrase on an uncompromised device.
The SPF also gave a direct warning on sharing credentials. “Never disclose your private keys, recovery or seed phrases,” the advisory states.
This applies to anyone, including people claiming to represent wallet providers, exchanges or law enforcement agencies. Additionally, the police urged users to “be wary of unsolicited messages offering wallet verification or recovery assistance.”
The post Singapore Police Warn Ledger Hardware Wallets Sold by Local Retailers Were Tampered appeared first on Blockonomi.

TLDR:
trade[XYZ] says its Hyperliquid markets have passed $650 billion in volume in just over a year.
The planned U.S. market will use new exchange and clearing infrastructure built on Hyperliquid.
Launch depends on CFTC approval; contracts will span equities, indices, commodities, FX, and crypto.
ICE is making a strategic investment in trade[XYZ], and Stan Druckenmiller is joining the effort.
24/7 perpetual futures on Hyperliquid are heading to the United States through trade[XYZ] and Intercontinental Exchange (ICE). ICE owns the New York Stock Exchange and operates regulated markets.
The two firms intend to establish a dedicated U.S. market with new exchange and clearing infrastructure. The launch remains subject to approval from the Commodity Futures Trading Commission (CFTC).
Planned contracts will span equities, indices, commodities, FX, and crypto, with access offered through participating brokers and platforms.
Hyperliquid Markets Pass $650 Billion in Volume
trade[XYZ] announced the plan in a post on X. The company said its 24/7 perpetual futures markets on Hyperliquid have passed $650 billion in volume. That figure came in just over a year. Those markets cover stocks, indices, and commodities.
trade[XYZ] and ICE, owner of the New York Stock Exchange, are joining forces to bring 24/7 perpetual futures on Hyperliquid to the United States.
In just over a year, our markets on Hyperliquid have surpassed $650 billion in volume. They provide continuous price discovery for…
— trade.xyz (@tradexyz) October 29, 2026
These markets provide continuous price discovery. According to the post, retail and institutional traders treat them as trusted reference points. This applies when traditional markets are closed. The company noted that “much of the world trades them.”
trade[XYZ] addressed the gap in U.S. access to 24/7 perpetual futures directly. The company stated, “Until now, Americans could only watch. We intend to change that.” Both firms will share details on products, eligibility, and timing as approvals progress.
The post closed with a message to the Hyperliquid community. trade[XYZ] thanked users who were there before or came because of its markets.
The team wrote, “You took a chance on new markets and you made them matter.” The post added that they will forever be part of this story.
ICE and trade[XYZ] Bring Combined Expertise
ICE brings more than 25 years of experience operating regulated markets. ICE also brings experience in clearing and managing risk. trade[XYZ] contributes product development, market design, and technology.
It describes its Hyperliquid markets as the most liquid and robust. Together, the companies plan to apply these strengths in the new market.
ICE is also making a strategic investment in trade[XYZ]. Through this move, ICE joins trade[XYZ] in building toward the future of Hyperliquid. The investment comes as trade[XYZ] builds the U.S. market for perpetual futures.
The firms framed the effort around regulation. In the post, they wrote, “Innovation and the protections of U.S. regulation shouldn’t be a trade-off.”
A small group of market luminaries is also joining the effort. Stan Druckenmiller is the first name on that list. trade[XYZ] said few investors have anticipated market turns as often as Druckenmiller. His record spans more than four decades. The company added, “We’re proud to have him with us for the next one.”
The U.S. market will be built in parallel with the existing HIP-3 markets. trade[XYZ] plans to keep expanding and innovating on those markets.
Both are expected to grow, and each has a long road map ahead. Future plans include new asset classes and new ways to trade them.
The post ICE and trade[XYZ] Plan 24/7 Perpetual Futures on Hyperliquid for U.S. Traders appeared first on Blockonomi.

TLDR
Self-described “Crypto King” Aiden Pleterski told a Toronto jury he is innocent in his first time addressing them.
Prosecutors called Pleterski “a thief” who used investor money to fund a lavish lifestyle.
A forensic audit found investors gave him more than $36.3 million, and none of it reached the FXChoice trading platform.
An audio recording played in court had Pleterski admitting a $311 million fund never existed.
The jury is set to begin deliberations Thursday after final instructions from the judge.
Self-described “Crypto King” Aiden Pleterski told a Toronto jury on Wednesday that he is innocent of fraud. It was the first time he addressed the jury during his trial in Ontario Superior Court.
“I am innocent of these charges,” Pleterski said. “That is why I pled not guilty. Had I not been forced to represent myself, that would have been proven.”
The 27-year-old faces one count of fraud over $5,000. The Crown dropped a second charge of money laundering at the end of its case.
If found guilty, Pleterski could face up to 14 years in prison. He was charged in May 2024 after a lengthy police investigation.
Pleterski represented himself at trial. He cross-examined only the first of 14 Crown witnesses and chose not to testify or call evidence in his defence.
Crown Calls Pleterski “a Thief”
Crown prosecutor Akshay Aurora gave a closing statement of about 90 minutes before Pleterski spoke. “Mr. Pleterski was no ‘Crypto King,'” Aurora said. “He was a thief.”
Aurora told jurors that none of the investor money went into the trading platform FXChoice, as promised. He said Pleterski used it to repay other investors, buy cars, fly on private jets and pay credit card bills.
Albert Ciorma, a forensic accountant from the Ontario Securities Commission, testified earlier that investors gave Pleterski more than $36.3 million. His audit found none of it was sent to FXChoice.
Ciorma said Pleterski spent about $5.6 million on luxury vehicles, $4.9 million on credit card bills, $870,000 on travel and private jets, and $598,000 on security. He also gave nearly $3.7 million to his parents.
In total, those expenses came to more than $16.3 million. Pleterski also paid out about $16.1 million to investors from the funds he received.
The $311 Million Fund That Never Existed
The Crown said Pleterski’s own trading between July 2020 and July 2022 produced only losses. Aurora said just $4,000 came into his accounts from any crypto or foreign exchange source.
Jurors heard about a $311 million fund that Pleterski showed worried investors through screenshots and video in spring 2022. In an audio recording played in court, Pleterski admitted the fund never existed.
“At no point, no point in the history of this account, was there $300 million, not even close,” Aurora said. “The highest this account was at was at $12,000.”
In one example, investor Sacha Singh gave Pleterski $1.3 million. Singh was later paid back $700,000 of his own money from the same account.
In a separate case, five men were charged with kidnapping and torturing Pleterski in 2022. One of them, Deren Akyeam-Pong, pleaded guilty to nine charges and is awaiting sentencing.
Justice Shaun Nakatsuru gave most of his instructions to the jury on Wednesday. He said he would finish on Thursday morning, after which the jury will begin deliberations.
The post ‘Crypto King’ Aiden Pleterski Tells Jury He Is Innocent in Toronto Fraud Trial appeared first on Blockonomi.

TLDR
Ripple expects to end 2026 with a record $900 million annualized product revenue run rate.
XRP has lost 28.8% of its value this year and trades near $1.29.
More than 1,700 institutions now use Ripple’s tools, including HSBC, BNY and Robinhood.
Treasury Secretary Scott Bessent opened Ripple’s Swell conference with CEO Brad Garlinghouse.
XRP could post back-to-back yearly losses for the first time since 2018 and 2019.
Ripple says 2026 is its best year ever. The blockchain company expects to end the year with a record $900 million annualized product revenue run rate.
At the same time, XRP is heading for its worst year since 2022. The token has lost nearly 29% of its value so far this year.
Ripple President Monica Long called it the company’s “best year ever.” She pointed to the revenue milestone and growing use of Ripple’s tools by major financial firms.
We’re kicking off 10 years of @RippleSwell with a bang!
1/ Goes without saying, but it was an honor to open up our conference with @SecScottBessent. His leadership, alongside the current administration, has been instrumental in ensuring that responsible crypto can thrive in the… pic.twitter.com/9kvULoDY0n
— Brad Garlinghouse (@bgarlinghouse) October 27, 2026
Ripple Reports Customer Growth and New Deals
Ripple said more than 1,700 institutions and businesses now use its infrastructure. The number of customers using more than one Ripple product has tripled this year.
Major customers and partners include Standard Chartered, DBS, HSBC, Robinhood and BNY. Ripple said its products enabled more than $16 trillion in transactions in 2025.
Its payments network is nearing $150 billion in total transaction volume. Its RLUSD stablecoin has grown more than 88% this year to a market value of $2.6 billion.
Last year, Ripple spent over $2.4 billion on acquisitions. These included Hidden Road, now Ripple Prime, for $1.25 billion, GTreasury for $1 billion and Rail for $200 million.
CEO Brad Garlinghouse said Ripple aims to bring services usually offered by separate firms onto one platform. The company uses blockchain technology and digital assets like XRP to do this.
On Oct. 26, the Office of the Comptroller of the Currency gave final approval for Ripple National Trust Bank. The bank can manage RLUSD reserves and offer digital asset custody services.
The same day, Ripple Treasury launched a 24/7 Returns feature. It lets eligible business customers earn returns on qualifying digital assets, including RLUSD, during nights, weekends and holidays.
Ripple is hosting its Swell conference from Oct. 27 to 29 at The Shed in Manhattan. Treasury Secretary Scott Bessent opened the event with Garlinghouse.
Garlinghouse said Bessent’s leadership “has been instrumental in ensuring that responsible crypto can thrive in the US.” He also pointed to a new agreement with Robinhood and expanded work with BNY.
XRP Heads for Worst Year Since 2022
CryptoRank data shows XRP has lost 28.8% in 2026. That follows an 11.6% drop last year.
The token rose 82.5% in 2023 and 235.7% in 2024. This year, it fell from a high of $2.40 to below $1 in August.
The wider crypto market has also struggled. Bitcoin dropped below $60,000 at one point this year after hitting a record near $126,000 in October 2025.
Bitcoin has since recovered above $80,000 but is still down about 8% this year. Ethereum has fallen about 20% and Solana about 17%.
XRP traded near $1.29 on Oct. 29, down about 3% in 24 hours. It is down more than 50% over the past 12 months.
If losses hold through December, XRP would post its worst year since its 59.2% drop in 2022. It would also be the token’s first back-to-back losing years since 2018 and 2019.
The post Ripple Reports 1,700 Institutional Customers as XRP Slides This Year appeared first on Blockonomi.

TLDR
CFTC Chairman Michael Selig spoke at the agency’s first Frontier Forum in Washington, DC, on Wednesday.
He said a fridge buying groceries with money earned from staking Ether is “no longer science fiction.”
Selig asked whether AI agent developers should register and who is liable if an agent “goes rogue.”
He raised the idea of “know-your-agent” checks for autonomous trading systems.
The CFTC received more than 100 public comments on possible compute derivatives markets.
Commodity Futures Trading Commission Chairman Michael Selig said autonomous AI agents could soon manage money, trade assets and even launch their own crypto tokens. He made the comments Wednesday at the CFTC’s first Frontier Forum in Washington, DC.
“It’s no longer science fiction to imagine your refrigerator autonomously purchasing your groceries with funds that it earned from staking ether or launching a meme coin,” Selig said.
He noted that the views he shared were his own and did not necessarily reflect those of the Commission.
Selig used the term “super intelligence,” or SI, to describe the technology. He said President Trump uses that name because “it’s not artificial.”
AI Tools Are Becoming Common in Finance
Selig said SI tools are now nearly as common as a web browser. He named Claude, ChatGPT and Gemini as popular apps that can work with other software to analyze market data.
He said brokerages are starting to add these tools for customers. Some people are also handing their bank and brokerage logins to AI agents to manage their finances.
Blockchains, he added, now let agents hold and trade crypto without banks, brokers or other middlemen.
Investor interest is high. An eToro survey published in September found that 79% of US millennial investors and 77% of Gen Z investors used or were open to using AI to pick or adjust investments.
CFTC CHAIR: YOUR FRIDGE COULD LAUNCH A MEMECOIN OR STAKE ETH!
CFTC @ChairmanSelig said it is no longer science fiction to imagine your refrigerator autonomously buying groceries with funds earned from launching a memecoin or staking ethereum:native.
He made the remark at the… pic.twitter.com/k5mXUuc9Wv
— Crypto Banter (@crypto_banter) October 29, 2026
New Questions for Regulators
Selig said CFTC rules were built around “identifiable market participants.” Autonomous software, he said, raises new questions about how those rules apply.
“Does the developer of that agent become subject to registration? Who is liable if the agent goes rogue?” he asked. He also asked whether regulators need “KYA or know-your-agent” checks.
He warned that agents could react to markets in unexpected ways. Agents built on similar models could also trade in similar patterns, and their speed could make market surveillance harder.
Others have raised similar concerns. Animoca Brands Chairman Yat Siu told Cointelegraph that a thousand people asking AI about the same trade could get roughly the same answer.
The Bank of England’s Financial Policy Committee also warned last year that wide use of similar models could amplify market shocks.
Selig said the technology could give smaller traders and businesses access to risk tools once reserved for large firms. He added that CFTC staff already use SI to police the markets.
He pointed to an earlier CFTC proposal, Regulation Automated Trading, which followed the 2010 Flash Crash. The Commission never finalized it, and Selig said it would be ill-suited for today’s markets.
Crypto exchanges are already building agent tools. Coinbase launched Agentic Wallets in February, letting agents spend and trade within user-set limits. Binance launched AI Agent Skills in March to provide market data and tools for spot orders.
Earlier this year, the CFTC asked for public comment on compute derivatives, which could let firms hedge the cost of computing power. Selig said more than 100 commenters responded and that the agency intends to take the opportunity seriously.
The post CFTC Chair Selig Says AI Agents Raise New Questions for Crypto Regulation appeared first on Blockonomi.

TLDR
Alipay said it does not authorize crypto trading through third-party platforms.
Peer announced a beta service on October 27 for trading USDC with Chinese yuan via Alipay.
Peer reported 107 trades worth about $7,094 from 45 buyers since August 21.
Peer later said it has no formal partnership with Alipay.
China bans crypto trading and fiat-to-crypto exchanges under rules updated in February 2026.
Chinese payments company Alipay has denied that it supports cryptocurrency trading through outside platforms. The statement came after peer-to-peer marketplace Peer announced a service for buying and selling USDC with Chinese yuan.
Peer announced the feature on October 27. It said buyers could pay in yuan through Alipay to receive USDC, while sellers could swap the stablecoin for yuan.
Alipay responded roughly one day later. Its October 28 statement said the company does not authorize virtual currency transactions or related services on its payment network.
Alipay is live on Peer in Beta
Buy USDC by paying a seller in CNY, or sell USDC and get paid in CNY on Alipay.
Guides and support in Chinese live on @Peer_zh. pic.twitter.com/rzilnjmsUU
— Peer (@peerxyz) October 27, 2026
How Peer’s USDC Service Works
Peer described the Alipay payment option as live in beta. It directed users to its Chinese-language account for instructions and customer support.
Under the setup, a buyer sends yuan directly to another user through Alipay. Once the seller confirms the payment, Peer handles the delivery of USDC.
The platform uses an onchain escrow system. The seller first deposits USDC into a smart contract, and the contract releases the coins to the buyer’s wallet after the yuan payment is verified.
Alipay does not issue USDC or run an exchange under this arrangement. However, its service would still carry the yuan side of each trade.
Peer later said it had no formal partnership with Alipay. It described the system as payments directed by individual users, not an official link with the payments company.
Peer said the arrangement had been running since August 21. In that time, it reported 107 completed trades involving 45 buyers, with total volume of about $7,094.
That works out to roughly $66.30 per trade. The figures come from Peer and have not been published by Alipay.
China’s Rules on Crypto Payments
China has restricted crypto transactions for years. Alipay has previously set up monitoring to find and limit accounts used for over-the-counter crypto trading.
In February 2026, the People’s Bank of China and seven other government departments issued updated crypto rules. They classified crypto trading, fiat-to-crypto exchanges and related services as banned financial activities.
The rules covered Bitcoin, Ether and stablecoins. Authorities said cryptocurrencies are not legal money and cannot circulate as currency in China.
In June, the central bank outlined new anti-money laundering steps. These targeted virtual currency trades, underground banking networks and cross-border financial crime.
In its October 28 statement, Alipay said, “Claims that Alipay enables crypto purchases on third-party platforms are false and unauthorized.”
The company urged customers to protect their funds and accounts. It also warned users to be careful when outside platforms advertise crypto purchases using Alipay.
The post Alipay Denies Supporting Crypto Trading After Peer Launches USDC Service appeared first on Blockonomi.

TLDR
VIA Labs launched two-way cross-chain messaging between Stellar’s Soroban platform and Ethereum mainnet.
Developers can use it for stablecoin transfers, tokenized assets and cross-chain smart contract actions.
Transfers using the VIAT reference token finish in about one to three minutes.
VIA is waiving its protocol fee on Stellar routes during the launch period.
The news came during Stellar’s Meridian conference, alongside updates from Securitize and DTCC.
VIA Labs has launched cross-chain messaging between Stellar and Ethereum on mainnet. The new connection lets smart contracts on Stellar’s Soroban platform communicate with contracts on Ethereum.
The company announced the launch on October 28 at Stellar’s Meridian conference in Lisbon, Portugal. The event ran from October 28 to 29.
Messages can travel in both directions between the two networks. Separate versions are also available on each network’s test network.
Unlocking value for Stellar
VIA is now live on mainnet, check it out: https://t.co/SKl8HUCelz
— Build on Stellar | Meridian Oct 28-29 (@BuildOnStellar) October 28, 2026
How the Stellar and Ethereum Connection Works
Developers can use the system to move supported tokens, coordinate contract actions, and build apps for stablecoins or tokenized real-world assets. VIA Labs named cross-border stablecoin payments and automated contract execution as possible uses.
To show how transfers work, VIA Labs deployed a reference token called VIAT. It uses a burn-and-mint method to move tokens between chains.
When a user starts a transfer, the source contract burns the tokens. It then creates a message with the recipient’s address, the amount, and an optional memo.
VIA’s validators watch the source gateway and sign the message. A relayer then delivers it to the destination gateway, which checks the signatures and tells the token contract to mint the same amount.
The company says this keeps the total VIAT supply the same across both chains. Transfers usually finish in about one to three minutes.
Stellar uses seven decimal places for token amounts, while Ethereum uses 18. VIA’s client converts the amounts, so five VIAT sent from one network arrives as five VIAT on the other.
Fees, Security and Developer Tools
Users pay normal network fees, using Stellar’s native token on Stellar or gas on Ethereum. VIA is waiving its protocol fee on Stellar routes during the launch period, and its relayers cover costs on the receiving side.
People receiving tokens on Stellar need an existing funded account. VIA warns that tokens sent to an account that never existed on the network may be lost for good.
The deployment uses VIA’s VG1 smart contracts, which were audited by security firm Hashlock. Messages must come from contracts, not from regular wallet accounts.
For testing, VIA offers a faucet that gives out 100 VIAT per request on Stellar testnet and Ethereum Sepolia. Developers must update testnet addresses after Stellar’s quarterly testnet resets.
The launch follows Stellar’s September rollout of USDT0, which connected the network to Tether-backed stablecoin transfers through LayerZero. That service focuses on USDT liquidity, while VIA’s system supports general contract messaging.
On October 28, Securitize said it plans to add Stellar as its 17th supported blockchain for regulated assets. Securitize works with firms including BlackRock, Apollo and Hamilton Lane.
DTCC also discussed its planned Stellar integration for tokenized securities during Meridian. The company recently launched its tokenization service with 20 institutions and is targeting a public network rollout in 2027.
The post Stellar Launches Cross-Chain Messaging With Ethereum Through VIA Labs appeared first on Blockonomi.

Gaming industry stock prices have become an increasingly important topic for investors as the global video game sector continues to evolve. The industry now spans console gaming, PC gaming, mobile gaming, cloud gaming, esports, virtual reality, and artificial intelligence-driven game development. As gaming revenues grow and technology reshapes how games are created and consumed, stock prices of gaming companies often reflect both market expectations and industry innovation.
Understanding gaming industry stock prices requires examining the companies behind popular games and platforms, the factors that influence valuations, current market trends, and the opportunities and risks investors face.
What Are Gaming Industry Stock Prices?
Gaming industry stock prices represent the market value of publicly traded companies operating within the video game ecosystem. These companies include game publishers, console manufacturers, platform operators, hardware suppliers, and technology firms that derive substantial revenue from gaming activities.
When investors buy shares of gaming companies, they are effectively purchasing ownership in businesses whose success depends on game sales, digital content, subscriptions, hardware demand, advertising revenue, and emerging technologies.
Stock prices fluctuate daily based on company performance, industry developments, economic conditions, and investor sentiment.
Why Gaming Industry Stock Prices Matter
Gaming industry stock prices provide insight into how investors view the future of interactive entertainment. Rising stock prices often signal confidence in future growth, while declining prices may indicate concerns about profitability, competition, or market conditions.
The gaming sector has become one of the largest entertainment industries worldwide, generating revenues that surpass many traditional media segments. As a result, institutional investors, hedge funds, and retail investors closely monitor gaming-related stocks.
Stock performance can also reveal broader industry trends, including:
Growth of mobile gaming
Expansion of cloud gaming services
Adoption of artificial intelligence
Popularity of subscription models
Success of major game launches
Consumer spending trends
Major Companies Influencing Gaming Industry Stock Prices
Several companies have significant influence on gaming industry stock prices due to their size, revenue, and market presence.
Nintendo
Nintendo remains one of the world’s most valuable gaming-focused companies. The company benefits from iconic franchises such as Pokémon, Mario, Zelda, and Animal Crossing. Strong intellectual property ownership and successful hardware launches have helped maintain investor confidence. As of mid-2025, Nintendo ranked among the largest gaming companies globally by market capitalization.
Sony
Sony operates the PlayStation ecosystem, one of the most successful gaming platforms worldwide. Revenue comes from console sales, game publishing, subscriptions, and digital content. Investors often view Sony as a diversified technology and entertainment company with strong gaming exposure.
Microsoft
Microsoft’s gaming business includes Xbox, Game Pass, cloud gaming initiatives, and ownership of major game studios. The company’s acquisition strategy has expanded its influence across the gaming industry. Microsoft is frequently included in gaming stock discussions because gaming contributes significantly to its long-term growth strategy.
Tencent
Tencent is the world’s largest gaming company by revenue and holds stakes in numerous gaming businesses worldwide. The company owns Riot Games and has investments in Epic Games and other major developers. Its dominance in mobile gaming and digital ecosystems makes Tencent a key player affecting global gaming valuations.
Roblox Corporation
Roblox has emerged as a major player through its user-generated content platform. The company’s rapid growth and unique business model have attracted investor attention, making its stock performance closely watched within the gaming sector.
Take-Two Interactive
Take-Two owns some of the most recognized franchises in gaming, including Grand Theft Auto and NBA 2K. Investors closely monitor Take-Two because major game releases can significantly impact earnings and stock performance.
Key Factors That Influence Gaming Industry Stock Prices
Gaming industry stock prices are affected by several interconnected factors.
Game Releases and Franchise Performance
Major game launches often drive substantial stock movement. Successful releases can generate billions in revenue, while disappointing launches may negatively impact investor confidence.
Companies with established franchises generally experience greater stability because they benefit from recurring player engagement and predictable revenue streams.
Digital Revenue Growth
Digital downloads, downloadable content (DLC), battle passes, and microtransactions have transformed gaming economics. Many companies now generate ongoing revenue long after a game’s initial launch.
Microtransactions represent a significant share of industry revenue and continue to support higher company valuations.
Subscription Services
Subscription-based gaming platforms have become increasingly important. Services that provide access to extensive game libraries create recurring revenue streams, which investors often value more highly than one-time purchases.
Cloud Gaming Expansion
Cloud gaming allows users to play high-quality games without expensive hardware. The technology is expected to expand market access and create new revenue opportunities for gaming companies. Researchers and industry analysts continue to identify cloud gaming as a major growth area.
Artificial Intelligence
Artificial intelligence is becoming a major driver of gaming valuations. AI can reduce development costs, accelerate production timelines, improve player experiences, and increase profitability.
Morgan Stanley estimates that AI-driven efficiencies could unlock significant additional profits across the gaming industry. Companies with strong intellectual property and large player ecosystems may benefit the most.
Economic Conditions
Consumer spending has a direct impact on gaming revenues. During economic uncertainty, discretionary spending on games and hardware may decline, creating pressure on stock prices.
Interest rates, inflation, and currency fluctuations can also affect company valuations and investor appetite for growth stocks.
Historical Performance of Gaming Industry Stocks
Gaming stocks have experienced periods of rapid growth and significant volatility.
During the pandemic era, many gaming companies saw sharp increases in engagement and revenue as consumers spent more time at home. Stock prices across the sector generally benefited from increased gaming activity.
Following that period, several companies faced challenges including:
Slower growth rates
Rising development costs
Industry layoffs
Franchise fatigue
Changing consumer preferences
These factors contributed to increased volatility and mixed stock performance across the sector.
Current Trends Affecting Gaming Industry Stock Prices
Several major trends are shaping valuations today.
Live-Service Gaming
Many publishers focus on games that generate recurring revenue through ongoing content updates, seasonal events, and in-game purchases.
This model often produces more predictable cash flow compared to traditional one-time game sales.
Mobile Gaming Dominance
Mobile gaming remains one of the largest segments of the global gaming market. Companies with strong mobile portfolios frequently command higher valuations due to the size and growth potential of the audience.
Cross-Platform Gaming
Cross-platform functionality increases player engagement by allowing users to play across multiple devices. Investors often view this trend positively because it expands addressable markets.
Esports Growth
Competitive gaming continues to attract audiences, sponsorships, and media attention. While esports profitability remains challenging for some organizations, long-term growth prospects continue to attract investor interest.
Risks Associated With Gaming Industry Stock Prices
Gaming industry stock prices can be highly volatile.
Hit-Driven Revenue Models
Many gaming companies rely heavily on a small number of successful franchises. A poorly received title can significantly impact revenue and stock performance.
Development Delays
Large-scale games often require years of development. Delays can increase costs and create uncertainty for investors.
Regulatory Challenges
Governments continue to examine issues such as loot boxes, data privacy, content moderation, and digital marketplaces. Regulatory changes may affect future profitability.
Increasing Competition
The gaming industry remains highly competitive. New entrants, independent developers, and changing consumer preferences can rapidly alter market dynamics.
How Investors Evaluate Gaming Stocks
Investors typically analyze several metrics when evaluating gaming companies.
Revenue Growth
Consistent revenue growth often indicates healthy demand and successful product execution.
User Engagement
Metrics such as monthly active users, daily active users, and player retention provide insight into long-term business sustainability.
Profit Margins
Higher profit margins generally indicate efficient operations and strong monetization strategies.
Intellectual Property Strength
Companies with valuable franchises often enjoy greater pricing power and customer loyalty.
Balance Sheet Quality
Strong cash reserves provide flexibility for acquisitions, development investments, and market downturns.
How iGaming Stock Prices Compare to Traditional Gaming Stocks
iGaming stock prices have become an important segment of the broader gaming industry as online gambling, sports betting, and digital casino platforms continue to expand globally. Unlike traditional video game companies that depend on game sales, subscriptions, and in-game purchases, iGaming operators generate revenue through online betting activity, casino games, poker platforms, and other real-money wagering services.
iGaming stock prices are often influenced by regulatory developments, market expansion opportunities, customer acquisition costs, and the growth of mobile gambling. As more jurisdictions legalize online betting and digital casino gaming, investors closely monitor companies operating in this space for signs of long-term revenue growth. The increasing popularity of real money casino platforms has also contributed to stronger investor interest, particularly among businesses that successfully attract and retain active users through mobile-first experiences and innovative gaming features.
While traditional gaming stocks are typically driven by blockbuster game releases and hardware sales, iGaming stock prices tend to respond more directly to betting volumes, licensing approvals, and recurring player activity. For investors seeking exposure to the broader digital entertainment sector, both gaming industry stock prices and iGaming stock prices offer unique opportunities, though each market carries its own growth drivers, competitive pressures, and regulatory risks. As online gambling adoption continues to increase worldwide, the iGaming segment is expected to remain an influential component of the global gaming investment landscape.
Future Outlook for Gaming Industry Stock Prices
Gaming industry stock prices are expected to remain closely tied to technological innovation and changing consumer behaviour.
Several growth drivers could support long-term appreciation:
Artificial intelligence integration
Expansion of cloud gaming
Growth of mobile gaming markets
Increased digital monetization
Stronger subscription ecosystems
Emerging virtual and augmented reality experiences
Industry analysts also expect gaming to remain one of the world’s largest entertainment sectors, supporting continued investor interest in leading companies.
The post Gaming Industry Stock Prices: Complete Guide for Investors appeared first on Blockonomi.

TLDR
Montana Senator Steve Daines voiced support for Chainlink ahead of its Link event in New York City on October 29.
The event features speakers from Swift, Citi, Fidelity Investments, Intercontinental Exchange and the DTCC.
Daines introduced the ADAPT Act on October 22 with three other senators to clarify crypto tax rules.
Chainlink launched CustodySync with Anchorage Digital Bank on October 26.
The Hong Kong Gold Exchange plans to use Chainlink’s cross-chain technology for its gold-backed XGZ token.
Montana Senator Steve Daines has voiced support for Chainlink and the digital asset industry. His comments come ahead of Chainlink’s Link event, set for October 29 in New York City.
Chainlink has highlighted the senator’s recognition of blockchain technology in its promotion of the event. The company is bringing together financial institutions, policymakers and industry executives to discuss digital assets in traditional finance.
Daines’ support comes one week after he introduced a bill aimed at changing how digital assets are taxed in the United States.
ROAD TO Link:NYC
A message of support from Montana Senator @SteveDaines as we approach Link:NYC.
We appreciate Senator Daines’ continued engagement with the digital asset industry and his recognition of its importance to the U.S. pic.twitter.com/VrwtBUn3BI
— Chainlink (@chainlink) October 28, 2026
Senator Daines Pushes for Clearer Crypto Tax Rules
On October 22, Daines introduced the Aligning Digital Assets with Principles of Taxation Act, known as the ADAPT Act. Senators Cynthia Lummis, Bernie Moreno and Tim Scott joined him on the bill.
The bill seeks clearer tax treatment for crypto transactions. It would apply existing securities and commodities tax principles to similar digital assets.
Under the proposal, everyday purchases made with qualifying regulated dollar stablecoins would not require gain-or-loss tracking. Network transaction fees of $10 or less would also be exempt.
The bill also covers staking, digital asset investment trusts and certain lending activities. It would apply wash sale and constructive sale rules to digital assets.
Daines said current tax laws have not kept pace with blockchain technology. He said this creates unneeded complexity for taxpayers and businesses.
During a July Senate Finance Committee hearing, he called for crypto tax rules that are easier to understand. He also asked for safeguards against tax avoidance.
Chainlink Expands Institutional Partnerships
Chainlink has announced several deals with financial institutions in recent months. These projects focus on tokenized assets, collateral management and cross-border payments.
In September, Chainlink announced a framework that lets financial institutions access Swift’s blockchain ledger through its Runtime Environment. Swift said 17 banks across six continents were preparing live pilots involving tokenized deposits.
That same month, payments company Bottomline partnered with Chainlink. Bottomline’s network processes more than $16 trillion in payments each year and serves over 600 banking customers.
On October 26, Chainlink launched CustodySync with Anchorage Digital Bank as its first partner. The service lets institutions use assets held in qualified custody as collateral for blockchain-based borrowing.
A day later, the Hong Kong Gold Exchange said it will use Chainlink’s cross-chain technology for its XGZ token. Each token represents one gram of 99.99% fine gold.
The Link event is a one-day gathering for senior executives from banks, asset managers and market infrastructure providers. Topics include tokenized real-world assets, blockchain interoperability, artificial intelligence in finance and blockchain payment systems.
Speakers include representatives from Swift, Intercontinental Exchange, Fidelity Investments, Citi and the Depository Trust & Clearing Corporation. Chainlink co-founder Sergey Nazarov is also among the featured speakers.
The event is taking place on October 29 in New York City.
The post Chainlink Gets Senate Support as Link Event Brings Swift, Citi to New York appeared first on Blockonomi.

TLDR
Sony launched the Sony Onchain Entertainment Incubation Program on October 29, 2026, for creators and startups building on Soneium.
Selected projects will get technical infrastructure, business development, marketing support and access to fundraising opportunities.
Sony has supported 43 projects through two earlier incubation programs since 2024.
Soneium recently announced plans for a proposed native token called SONEIUM and a Tokenized IP initiative.
The SONEIUM token has not been issued, and no launch date, supply or distribution details have been shared.
Sony Group has launched a global incubation program for startups and creators building entertainment services on Soneium. Soneium is the company’s Ethereum layer 2 blockchain network.
The Sony Onchain Entertainment Incubation Program was announced on October 29, 2026, in Tokyo. It is open to creators around the world who want to build entertainment products using blockchain technology.
Sony said the goal is to grow “onchain entertainment.” The company describes this as using blockchain to create more direct links between creators and fans, along with new ways to build communities.
What Selected Projects Will Receive
Selected projects will get access to Soneium’s technical infrastructure. They will also receive business development and marketing support.
1/ Sony Group is launching the Sony Onchain Entertainment Incubation Program: A global program for builders and creators bringing Entertainment and Tokenized IP to life on Soneium.
Selected projects will gain access to:
Get co-creation opportunities with Sony Group
… pic.twitter.com/SzMFhKFUE1
— Soneium (@soneium) October 29, 2026
Participants may work with Sony Group companies on joint projects. The program also offers community engagement opportunities and access to fundraising.
The announcement does not list a fixed investment amount. It also does not promise direct funding for every participant.
Sony is looking for projects that combine digital content, fan communities and digital assets. These could include new ways for fans to support creators or new revenue options for creative work.
The company said it wants to help projects move past technical testing. Its aim is to build services that offer real value to users.
Sony has worked on blockchain projects centered on Soneium since 2024. Through two earlier incubation programs, it has selected and supported 43 projects from around the world.
One of those was Soneium For All, a gaming incubation program launched in June 2025. It offered developers technical resources, funding opportunities and help attracting users.
Soneium Builds Its Entertainment Network
Sony Group and Startale Group developed Soneium together. Its mainnet launched in January 2025.
Sony Ventures invested $13 million in Startale Group in January 2026 through the Sony Innovation Fund. At that time, Startale said Soneium had processed more than 500 million transactions and supported over 250 applications.
In September, Soneium partnered with South Korean entertainment company DayOneDream. The deal aims to bring K-pop assets and concert-related royalties onto the network through the WAVIST platform.
Also in September, Soneium adopted OP Enterprise services from OP Labs. The agreement covers monitoring, upgrades and incident response, with a 99.9% monthly uptime target.
On October 26, the network announced plans for SONEIUM, a proposed native token. The token is meant to connect creators, developers, intellectual property owners, fans and investors.
Soneium is also developing a Tokenized IP initiative. It would let entertainment companies and creators issue digital assets tied to individual properties in music, anime and gaming.
The first planned project involves Moriusa, a character owned by Japanese company Super State Holdings. A dedicated portal is also in the works for primary token sales, fan engagement tools and royalty distribution.
The SONEIUM token has not been issued yet. The network has not announced its launch date, supply or distribution plans.
The post Sony Doubles Down on Crypto Entertainment With New Soneium Program appeared first on Blockonomi.

Smart contract technology is transforming online gaming by enabling trustless, transparent interactions between players and platforms. Recent advances in smart contract security are addressing longstanding vulnerabilities, supporting a more reliable experience for users. As both traditional gamers and fans of the social casino experience and sweepstakes-style entertainment explore blockchain-enabled platforms, robust smart contract protections are emerging as a crucial foundation for platform integrity and security.
Online game platforms, particularly those centered on blockchain and digital assets, now view security as a defining factor in building trust among developers, platform operators, and players, including how promotional mechanics like no deposit bonus codes are enforced through automated reward logic. In an increasingly competitive environment, many end users and operators recognize how flaws in smart contract logic can be exploited, resulting in disrupted gameplay, compromised fairness, or reputational harm. Questions such as, “How do promotions remain fair and transparent?” are common, and blockchain-based mechanisms aim to automate rewards distribution in accordance with published terms. Code-based security forms the infrastructure for modern digital entertainment, making robust protections essential.
As more free-to-play casino-style games and sweepstakes-style entertainment platforms embrace blockchain for fairness and transparency, smart contract protections can impact how incentives and rewards are managed. What does this mean for players? It typically means that both gameplay and daily rewards or bonus coins are distributed based on rules visible to everyone, increasing trust. To understand the value of trust, one must look at both transparent mechanics on the platform and the underlying automated systems that help secure gameplay integrity.
How Smart Contracts Underpin Gaming Ecosystem Logic
Smart contracts are self-executing programs that automate actions based on rules defined by platform developers. In online gaming environments, they often manage digital assets, enforce access controls, distribute rewards, and operate in-game marketplaces. What specific benefits do these contracts provide? For many platforms, the answer lies in consistent rule enforcement and minimizing the risk of human error or manipulation.
Reward distribution through smart contracts remains central to numerous gaming platforms, particularly those hosting player-versus-player contests, tournaments, or daily prize systems. By operating on-chain, smart contracts help ensure outcomes and payouts follow transparent rules, reducing manual intervention and the risk of operator bias. For users seeking a fair social casino experience, this transparency is often considered a core benefit of blockchain-mediated play.
Digital asset issuance is another area where smart contracts offer clear value. Many blockchain-enabled games allow players to earn, trade, or upgrade items as non-fungible tokens (NFTs) and in-game currencies. Smart contracts define the rules for ownership, transfer, and scarcity of assets, which supports the stability and predictability of these items within the ecosystem.
For access control and permissioning, smart contracts manage eligibility for games, tournaments, or events. This becomes particularly important for sweepstakes-style entertainment platforms, where participants’ eligibility may depend on location, activity history, or reaching certain in-game milestones. Users frequently ask, “How do platforms verify eligibility in sweepstakes scenarios?” The answer is that eligibility logic is often automated and verifiable through these smart contracts.
Deployment models for smart contracts can vary. Fully on-chain platforms process game logic and settle outcomes directly on the blockchain, which tends to maximize transparency but can affect performance. Hybrid solutions, where core outcomes settle on-chain and gameplay occurs off-chain, attempt to balance transparency and user experience.
Custodial models, in which some control remains with the platform but ownership or settlement is verifiable on-chain, are also common. In each model, ongoing security improvements aim to lower the chances of contract logic flaws negatively affecting gameplay, outcomes, or bonus rewards for players.
Beyond basic functionality, smart contracts enable sophisticated game mechanics that were previously difficult to implement with traditional server-based systems. Provably fair algorithms, for instance, allow players to independently verify that game outcomes were not manipulated after the fact. This cryptographic proof mechanism has become particularly valued in competitive gaming scenarios where prize pools are significant. Additionally, smart contracts facilitate player-to-player transactions without requiring platform intermediaries, reducing fees and settlement times. Many modern gaming platforms now leverage these contracts to create dynamic economies where supply and demand naturally regulate item values, creating more engaging and realistic virtual marketplaces that respond to actual player behavior and preferences.
The evolution of smart contract standards has also enabled interoperability between different gaming platforms and ecosystems. Standardized token interfaces allow digital assets earned in one game to potentially be recognized or utilized in another, creating interconnected gaming experiences that transcend individual platform boundaries. This cross-platform compatibility is particularly valuable for players who invest time and resources across multiple games, as it preserves asset value and utility beyond single-game lifecycles. Layer-2 scaling solutions have further enhanced smart contract capabilities by enabling faster transaction processing and lower fees while maintaining the security guarantees of underlying blockchains. These technological advances allow gaming platforms to support thousands of concurrent players and complex real-time interactions that would be prohibitively expensive on base-layer blockchains. As smart contract infrastructure continues to mature, developers gain access to increasingly sophisticated tools for creating immersive, economically sustainable gaming environments that balance decentralization with practical performance requirements.
Understanding Vulnerabilities Unique to Gaming Smart Contracts
Smart contracts offer significant benefits, but they also introduce unique vulnerabilities that can impact gaming platforms. Reentrancy attacks—where a contract is tricked into calling an external contract that then calls back into the original—have been highly publicized for enabling malicious actors to disrupt balances or logic mid-execution.
Weaknesses in access control are also widespread threats. If contract permissions are not precisely defined, unauthorized parties can sometimes assume critical roles, minting in-game assets or extracting platform funds. This is why routine security assessments are advised for both social casino and sweepstakes casino platforms to minimize such risks.
Games that use outside data sources, such as oracles for price feeds or event results, can be exposed if the oracle mechanism is insecure. Questions about how oracles influence game outcomes are common among users, and the answer is that robust oracle design is crucial to ensure integrity. Attackers may attempt to manipulate data sources, resulting in distorted or unintended contract behavior.
Other vulnerabilities include calculation errors, such as integer overflow, and issues with upgradeable contract frameworks. Contracts that mishandle calculations can sometimes produce unpredictable bonus coin rewards or item quantities, disrupting the intended gameplay experience. For platforms prioritizing a consistent social casino experience, this kind of unpredictability can impact user trust.
Upgradeability is often necessary for platforms, but if not carefully managed via multisignature confirmations, time delays, or audit logs, upgrade features may become a vector for unauthorized control or malicious changes. Predictable or insufficiently protected randomness mechanisms, often used in game outcomes, also represent a threat to fairness if not managed well.
Further risks arise with cross-chain bridges in multi-network gaming platforms. If implemented without careful validation and monitoring, these systems can potentially expose users’ assets to attacks across both connected blockchains.
Time-dependent vulnerabilities present another category of risk that gaming platforms must address carefully. Smart contracts that rely on block timestamps for critical decisions can potentially be influenced by miners who have limited ability to manipulate these values within certain ranges. This becomes especially problematic in time-sensitive gaming scenarios such as tournament deadlines, auction endings, or time-locked reward releases. Front-running attacks, where observers monitor pending transactions and submit their own with higher fees to execute first, can also disrupt fair gameplay in competitive environments. Gas limit issues may cause complex game state updates to fail unpredictably, potentially leaving players in inconsistent states. These technical challenges require developers to implement defensive coding practices and consider economic incentives that might motivate malicious behavior, ensuring that contract logic remains robust even under adversarial conditions.
Modern Security Practices Transforming Contract Protection
The industry has sharpened its technical and operational standards to address these challenges. Automated auditing tools scan code for common flaws and ensure that smart contracts adhere to best-practice security patterns. Users often ask, “How can I trust that a platform’s smart contracts are safe?” Regular audits and transparency measures help to answer this concern.
Formal verification offers additional rigor by mathematically checking contract logic against expected behaviors in various scenarios. Tools for invariant testing and fuzzing help developers uncover edge cases that could cause issues during live gameplay, supporting safer code ahead of platform launches involving free-to-play casino-style games.
Secure contract design patterns—such as checks-effects-interactions and robust access control—reduce the risk of attacks by narrowing the functions that external parties can access. Modular and role-based permissioning structures further improve security and are often used in building a trustworthy social casino experience.
Improved upgrade procedures feature governance layers, timelocks, and multisignature approvals, ensuring that updates occur only with sufficient oversight. Transparent logs allow players and third-party auditors to track and review all smart contract modifications, enhancing trust and platform accountability.
Visible change histories and immutable records provide another layer of openness, letting all participants confirm when and how important updates take place. For platforms that offer daily rewards and bonus coins or rely on sweepstakes-style entertainment, solid contract templates make it harder for distributions to be changed in ways that run contrary to players’ expectations.
As randomized events and daily rewards continue to grow popular, third-party code reviews and open security disclosures are typically considered minimum requirements for trust. These practices enhance reliability on platforms delivering a modern social casino experience intertwined with blockchain automation.
Bug bounty programs have emerged as a powerful complement to traditional security audits, incentivizing external security researchers to identify and responsibly disclose vulnerabilities before malicious actors can exploit them. Leading gaming platforms now allocate substantial rewards for critical findings, creating a collaborative security ecosystem where skilled researchers actively contribute to platform safety. Continuous integration and deployment pipelines increasingly incorporate automated security checks at every stage of development, preventing vulnerable code from reaching production environments. Simulation environments that mirror live blockchain conditions allow developers to stress-test contracts under realistic attack scenarios without risking actual user assets. These layered security approaches recognize that no single method provides complete protection, and that defense-in-depth strategies combining multiple complementary techniques offer the most reliable safeguards for platforms handling valuable digital assets and maintaining player trust.
Defensive Operations That Safeguard Platform Integrity
In addition to technical controls, daily operational procedures are instrumental in maintaining both platform and user asset security. Multisignature controls—which require agreement from several trusted parties before executing sensitive actions—reduce the risk of harm from single-person compromises.
Hardware security modules and strong key management practices are regularly used to protect access to administrative features or control high-value digital assets. When users wonder, “What happens if suspicious activity is detected?”, most leading operators maintain incident response protocols designed to pause compromised features and limit potential losses fast.
Continuous on-chain monitoring is another important defense tactic. Platforms often apply analytics and real-time alerts to quickly identify abnormal activity patterns. These tools are especially relevant within the social casino and sweepstakes casino sectors, where rapid detection helps protect daily rewards and the fairness of ongoing events.
Thorough post-incident analysis strengthens platform resilience by pinpointing what worked and what failed following a security incident. In the gaming sector, these lessons support ongoing trust, especially when disruptions could affect distribution of daily rewards, bonus coins, or influence fairness in sweepstakes-style entertainment.
Emergency pause mechanisms represent a critical operational safeguard that allows platforms to temporarily halt contract functionality when suspicious activity is detected or vulnerabilities are discovered. These circuit breakers must be carefully designed to prevent abuse while remaining accessible during genuine emergencies, often requiring consensus from multiple trusted parties before activation. Regular security drills and tabletop exercises help operational teams prepare for various incident scenarios, ensuring rapid and coordinated responses when real threats emerge. Insurance protocols and reserve funds provide additional financial protection, allowing platforms to compensate affected users even when technical safeguards fail
The post How Smart Contract Security Improvements Are Strengthening Online Game Platforms appeared first on Blockonomi.