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CFTC Set to Receive $31M From Fundsz OperatorsA United States federal court has ruled that Fundsz’s operators, Brian Early and Alisha Ann Kingrey, should pay $31 million to the CFTC as restitution and penalties over a digital-asset and precious-metals scam. The decision originates from the Commodity Futures Trading Commission (CFTC) v. Larralde et al., Case Number 6:23-cv-1445-WWB-DCI, which was filed in the United States District Court for the Middle District of Florida on July 31, 2023. The CFTC announced the decision involving the default judgment on September 30, 2026. Early and Kingrey were required to settle for $15.73 million in restitution and pay civil penalties amounting to $15.75 million. CFTC highlights inconsistencies in Fundsz’s statement In a complaint lodged in 2023, the CFTC claimed Fundsz made an assurance that lucrative returns of over 3% every week would be generated using a proprietary algorithm that trades crypto and precious metals. The promoters also claimed that an investment of $2,500 could snowball to an unbelievable figure of $1 million in just four years. According to the regulator, the funds of clients were never traded as stated, and the returns on the investments presented to clients were made up. The court thereafter discovered that both Early and Kingrey committed serious misrepresentation of facts concerning profit expectations, degree of risk, and previous performance of the investment. Those allegations echo the warning signs issued by the FTC, especially in investment offers that minimize risk while promising unusually high returns. The Fundsz case is important, but is minor in relation to the big picture of investment fraud. The FBI noted there had been 181,565 cryptocurrency-related reports in 2025 with losses totaling more than $11 billion. Investment fraud accounts for about 49% of total losses incurred due to fraud, while the over-60 age group suffered losses of $7.7 billion, a 37% rise compared to the data from 2024. In 2025, the FTC reported that scams had caused losses of over $7.9 billion, with the median loss per scam exceeding $10,000. According to the Chainalysis report, at least $14 billion was lost through crypto-based scams and fraud in 2025, which could go over $17 billion once other unidentified illegitimate addresses are factored in. The average amount of each scam increased by 253%, reaching $2,764. Fundsz is not an isolated case. Cryptopolitan reported in August that the SEC and CFTC separately sued Goliath Ventures and founder Christopher Delgado. The SEC alleged it raised at least $425 million from more than 1,300 investors, while the CFTC cited roughly $397 million from about 1,600 customers. Cross-border enforcement remains more difficult. An October 2025 FSB review found significant gaps and inconsistencies in national crypto frameworks, warning that uneven implementation creates opportunities for regulatory arbitrage and complicates oversight of a global market. The immediate question is how much of the ordered restitution victims ultimately recover. The CFTC has cautioned that repayment orders do not guarantee full recovery when defendants lack sufficient assets. The post CFTC set to receive $31M from Fundsz operators first appeared on Coinfea.

CFTC Set to Receive $31M From Fundsz Operators

A United States federal court has ruled that Fundsz’s operators, Brian Early and Alisha Ann Kingrey, should pay $31 million to the CFTC as restitution and penalties over a digital-asset and precious-metals scam.
The decision originates from the Commodity Futures Trading Commission (CFTC) v. Larralde et al., Case Number 6:23-cv-1445-WWB-DCI, which was filed in the United States District Court for the Middle District of Florida on July 31, 2023. The CFTC announced the decision involving the default judgment on September 30, 2026. Early and Kingrey were required to settle for $15.73 million in restitution and pay civil penalties amounting to $15.75 million.
CFTC highlights inconsistencies in Fundsz’s statement
In a complaint lodged in 2023, the CFTC claimed Fundsz made an assurance that lucrative returns of over 3% every week would be generated using a proprietary algorithm that trades crypto and precious metals. The promoters also claimed that an investment of $2,500 could snowball to an unbelievable figure of $1 million in just four years. According to the regulator, the funds of clients were never traded as stated, and the returns on the investments presented to clients were made up.
The court thereafter discovered that both Early and Kingrey committed serious misrepresentation of facts concerning profit expectations, degree of risk, and previous performance of the investment. Those allegations echo the warning signs issued by the FTC, especially in investment offers that minimize risk while promising unusually high returns. The Fundsz case is important, but is minor in relation to the big picture of investment fraud.
The FBI noted there had been 181,565 cryptocurrency-related reports in 2025 with losses totaling more than $11 billion. Investment fraud accounts for about 49% of total losses incurred due to fraud, while the over-60 age group suffered losses of $7.7 billion, a 37% rise compared to the data from 2024. In 2025, the FTC reported that scams had caused losses of over $7.9 billion, with the median loss per scam exceeding $10,000.
According to the Chainalysis report, at least $14 billion was lost through crypto-based scams and fraud in 2025, which could go over $17 billion once other unidentified illegitimate addresses are factored in. The average amount of each scam increased by 253%, reaching $2,764. Fundsz is not an isolated case. Cryptopolitan reported in August that the SEC and CFTC separately sued Goliath Ventures and founder Christopher Delgado.
The SEC alleged it raised at least $425 million from more than 1,300 investors, while the CFTC cited roughly $397 million from about 1,600 customers. Cross-border enforcement remains more difficult. An October 2025 FSB review found significant gaps and inconsistencies in national crypto frameworks, warning that uneven implementation creates opportunities for regulatory arbitrage and complicates oversight of a global market. The immediate question is how much of the ordered restitution victims ultimately recover. The CFTC has cautioned that repayment orders do not guarantee full recovery when defendants lack sufficient assets.
The post CFTC set to receive $31M from Fundsz operators first appeared on Coinfea.
Article
Arizona Rejects AI Victim Videos As Calls for Deepfake Detection RiseAn Arizona appeals court has vacated the 10.5-year sentence of Gabriel Horcasitas, who was convicted of manslaughter in a 2021 road-rage shooting, after ruling that the sentencing judge should not have considered an AI-generated video of victim Christopher Pelkey. The conviction still stands, but the case will return for resentencing, according to Reuters and a case summary. The three-judge panel said the AI-generated video improperly influenced the sentencing. “While the record does not reflect precisely how the AI video factored into the sentencing calculus, there is no question it played a role,” Judge D. Steven Williams, Arizona Court of Appeals, as reported by Reuters. The court concluded that the video prejudiced Horcasitas enough to make the sentencing procedure fundamentally unfair. Reuters reported that Arizona’s attorney general and Horcasitas’s public defender declined to comment. Arizona appeals court throws out AI-generated video The script was written by Pelkey’s sister, Stacey Wales, who found it difficult to express in words what she thought her brother would have said in that situation. According to NPR, the family created the avatar by means of a short video clip, an image from the funeral, and a variety of other AI tools. The avatar introduced itself as an AI creation before speaking to Horcasitas with the words: In another life, we probably could have been friends. Later, the judge of the trial expressed gratitude to the family for the video. The decision comes at a time when courts face challenges when it comes to artificial evidence. A report published by the University of Colorado Boulder states that over 80% of court cases in the U.S. are partly based on video evidence, while courts are yet to have common rules to deal with AI-generated or AI-enhanced footage. Researchers are also concerned about the so-called “deepfake defense,” whereby real video footage is declared as fake because AI makes the claims plausible. This worry was one of the reasons for the creation of the CIFAR Synthetic Evidence Corpus, initiated in June 2026, as researchers realized that previous datasets were unsuitable for teaching the technology how to detect subtle manipulations that could occur in evidence material. NIST identifies provenance tracking, watermarking, and synthetic-content detection as key ways to manage AI-generated media. Europe has gone further: Article 50 of the EU AI Act requires certain synthetic content to be machine-readable and deepfakes to be disclosed as artificially generated or manipulated. The commercial link is becoming easier to see. SNS Insider values the deepfake-detection market at $1.19 billion in 2026 and projects it will reach $12.14 billion by 2035, a 29.5% CAGR. One Arizona ruling will not create that market by itself. But when more than four-fifths of court cases already depend on video, every dispute over whether evidence is authentic increases the practical need for tools that can verify it. That turns courtroom deepfakes from a legal headache into a real business opportunity for companies selling forensic verification. China is moving in the same direction, with Cryptopolitan reporting new liability rules for AI deepfakes and voice cloning in September. The post Arizona rejects AI victim videos as calls for deepfake detection rise first appeared on Coinfea.

Arizona Rejects AI Victim Videos As Calls for Deepfake Detection Rise

An Arizona appeals court has vacated the 10.5-year sentence of Gabriel Horcasitas, who was convicted of manslaughter in a 2021 road-rage shooting, after ruling that the sentencing judge should not have considered an AI-generated video of victim Christopher Pelkey.
The conviction still stands, but the case will return for resentencing, according to Reuters and a case summary. The three-judge panel said the AI-generated video improperly influenced the sentencing. “While the record does not reflect precisely how the AI video factored into the sentencing calculus, there is no question it played a role,” Judge D. Steven Williams, Arizona Court of Appeals, as reported by Reuters. The court concluded that the video prejudiced Horcasitas enough to make the sentencing procedure fundamentally unfair. Reuters reported that Arizona’s attorney general and Horcasitas’s public defender declined to comment.
Arizona appeals court throws out AI-generated video
The script was written by Pelkey’s sister, Stacey Wales, who found it difficult to express in words what she thought her brother would have said in that situation. According to NPR, the family created the avatar by means of a short video clip, an image from the funeral, and a variety of other AI tools. The avatar introduced itself as an AI creation before speaking to Horcasitas with the words: In another life, we probably could have been friends.
Later, the judge of the trial expressed gratitude to the family for the video. The decision comes at a time when courts face challenges when it comes to artificial evidence. A report published by the University of Colorado Boulder states that over 80% of court cases in the U.S. are partly based on video evidence, while courts are yet to have common rules to deal with AI-generated or AI-enhanced footage. Researchers are also concerned about the so-called “deepfake defense,” whereby real video footage is declared as fake because AI makes the claims plausible.
This worry was one of the reasons for the creation of the CIFAR Synthetic Evidence Corpus, initiated in June 2026, as researchers realized that previous datasets were unsuitable for teaching the technology how to detect subtle manipulations that could occur in evidence material. NIST identifies provenance tracking, watermarking, and synthetic-content detection as key ways to manage AI-generated media.
Europe has gone further: Article 50 of the EU AI Act requires certain synthetic content to be machine-readable and deepfakes to be disclosed as artificially generated or manipulated. The commercial link is becoming easier to see. SNS Insider values the deepfake-detection market at $1.19 billion in 2026 and projects it will reach $12.14 billion by 2035, a 29.5% CAGR. One Arizona ruling will not create that market by itself.
But when more than four-fifths of court cases already depend on video, every dispute over whether evidence is authentic increases the practical need for tools that can verify it. That turns courtroom deepfakes from a legal headache into a real business opportunity for companies selling forensic verification. China is moving in the same direction, with Cryptopolitan reporting new liability rules for AI deepfakes and voice cloning in September.
The post Arizona rejects AI victim videos as calls for deepfake detection rise first appeared on Coinfea.
Article
Pentagon Launches AutoWarCom to Expand Autonomous Warfare CapabilitiesThe Pentagon is moving autonomous warfare from experimental programs into a permanent military structure.  The planned Autonomous Warfare Command will focus on drones, artificial intelligence, robotics, and related battlefield technologies.  The initiative reflects a wider push toward cheaper systems that militaries can deploy at scale. It also raises new questions about procurement, oversight and the rules governing military AI. Defense Secretary Pete Hegseth announced the Autonomous Warfare Command, or AutoWarCom, on September 30 in Quantico, Virginia. He said military technology was changing faster than the systems responsible for acquiring and deploying it. AutoWarCom would operate under a four-star officer and oversee autonomous and robotic capabilities across the armed forces. The Pentagon intends to establish it as a new combatant command, following U.S. Space Command’s creation in 2019. Project Agincourt prepares Pentagon for 2027 launch Project Agincourt will lead preparations for the Autonomous Warfare Command ahead of its planned October 1, 2027 launch. Owen West and Max Strasiser have been selected to lead the initial work as CEO and COO, respectively. The initiative requires planners to develop the organization while working with Congress on necessary legislation. AutoWarCom will seek to accelerate how the Pentagon develops, purchases, and deploys unmanned and autonomous systems. Hegseth said the military needs both quality and quantity as battlefield economics change. Recent conflicts have demonstrated how inexpensive drones can challenge significantly more expensive military equipment. RAND reached a similar conclusion in January. Its researchers found cheaper AI-enabled uncrewed systems could deliver “affordable mass” in some missions while costly platforms retain important roles. Ukraine has provided a major test case for this model. Reuters reported estimates that drones account for about 70% of Russian casualties in the conflict. Military AI expansion extends beyond drones AutoWarCom could increase demand for targeting software, sensors, computer vision, cybersecurity and command-and-control technology. Cloud infrastructure, edge computing and autonomous platforms could also play larger roles. Fortune Business Insights values the military AI market at $22.41 billion in 2026. It projects the sector could reach $101.02 billion by 2034, with Asia-Pacific growing fastest. The Pentagon has already widened its relationships with major AI companies. Agreements announced May 1 covered SpaceX, OpenAI, Google, Nvidia, Reflection AI, Microsoft and Amazon Web Services. Oracle later joined, bringing the group to eight companies authorized for classified network deployments. Meanwhile, the Pentagon’s GenAI.mil platform attracted more than 1.3 million users within six months, according to Reuters. However, governance remains contested as military AI capabilities expand. Carnegie scholar Steve Feldstein told Congress in September that accelerating AI proliferation was creating a “norms vacuum.” The Pentagon also remains in litigation with Anthropic. A federal appeals court recently upheld its designation as a military supply-chain risk after disputes over restrictions involving autonomous weapons and mass surveillance. AutoWarCom still requires further planning and congressional involvement before becoming operational. The next stage will show how lawmakers authorize, fund and structure the Pentagon’s planned autonomous warfare command. The post Pentagon launches AutoWarCom to expand autonomous warfare capabilities first appeared on Coinfea.

Pentagon Launches AutoWarCom to Expand Autonomous Warfare Capabilities

The Pentagon is moving autonomous warfare from experimental programs into a permanent military structure.
The planned Autonomous Warfare Command will focus on drones, artificial intelligence, robotics, and related battlefield technologies.
The initiative reflects a wider push toward cheaper systems that militaries can deploy at scale. It also raises new questions about procurement, oversight and the rules governing military AI.
Defense Secretary Pete Hegseth announced the Autonomous Warfare Command, or AutoWarCom, on September 30 in Quantico, Virginia. He said military technology was changing faster than the systems responsible for acquiring and deploying it.
AutoWarCom would operate under a four-star officer and oversee autonomous and robotic capabilities across the armed forces. The Pentagon intends to establish it as a new combatant command, following U.S. Space Command’s creation in 2019.
Project Agincourt prepares Pentagon for 2027 launch
Project Agincourt will lead preparations for the Autonomous Warfare Command ahead of its planned October 1, 2027 launch. Owen West and Max Strasiser have been selected to lead the initial work as CEO and COO, respectively.
The initiative requires planners to develop the organization while working with Congress on necessary legislation. AutoWarCom will seek to accelerate how the Pentagon develops, purchases, and deploys unmanned and autonomous systems.
Hegseth said the military needs both quality and quantity as battlefield economics change. Recent conflicts have demonstrated how inexpensive drones can challenge significantly more expensive military equipment.
RAND reached a similar conclusion in January. Its researchers found cheaper AI-enabled uncrewed systems could deliver “affordable mass” in some missions while costly platforms retain important roles.
Ukraine has provided a major test case for this model. Reuters reported estimates that drones account for about 70% of Russian casualties in the conflict.
Military AI expansion extends beyond drones
AutoWarCom could increase demand for targeting software, sensors, computer vision, cybersecurity and command-and-control technology. Cloud infrastructure, edge computing and autonomous platforms could also play larger roles.
Fortune Business Insights values the military AI market at $22.41 billion in 2026. It projects the sector could reach $101.02 billion by 2034, with Asia-Pacific growing fastest.
The Pentagon has already widened its relationships with major AI companies. Agreements announced May 1 covered SpaceX, OpenAI, Google, Nvidia, Reflection AI, Microsoft and Amazon Web Services. Oracle later joined, bringing the group to eight companies authorized for classified network deployments.
Meanwhile, the Pentagon’s GenAI.mil platform attracted more than 1.3 million users within six months, according to Reuters.
However, governance remains contested as military AI capabilities expand. Carnegie scholar Steve Feldstein told Congress in September that accelerating AI proliferation was creating a “norms vacuum.”
The Pentagon also remains in litigation with Anthropic. A federal appeals court recently upheld its designation as a military supply-chain risk after disputes over restrictions involving autonomous weapons and mass surveillance.
AutoWarCom still requires further planning and congressional involvement before becoming operational. The next stage will show how lawmakers authorize, fund and structure the Pentagon’s planned autonomous warfare command.
The post Pentagon launches AutoWarCom to expand autonomous warfare capabilities first appeared on Coinfea.
Article
Bitcoin Posts Best Q3 Since 2017 As Ethereum Hits Record HighBitcoin and Ethereum closed the third quarter with their strongest performances in years as crypto markets rebounded sharply. Institutional demand returned, while major altcoins also recorded broad gains during the three months.  ETF inflows and improving market sentiment supported the recovery after a difficult first half. Traders now enter Q4 watching Federal Reserve policy, regulation, and Bitcoin’s key support levels. Bitcoin gained 42.71% between July 1 and September 30, according to CoinGlass data. The advance marked Bitcoin’s strongest third quarter since 2017. Ethereum performed even better, climbing 70.8% during Q3. The move gave Ethereum its best third-quarter performance on record after two consecutive losing quarters. The wider altcoin market also strengthened significantly. TOTAL3ES, which excludes Bitcoin, Ethereum and stablecoins, added about $183 billion during the quarter. Its market capitalization rose roughly 50%, from around $364 billion to nearly $547 billion. Zcash ranked among the strongest performers, rising more than 260%. Uniswap gained over 200%, while Chainlink nearly doubled during the quarter. Hyperliquid reached new highs, while Solana posted its strongest three-month period after ten straight losing months. Quant also recorded a sharp rally during the final weeks of Q3. Bitcoin ETF inflows return as institutional demand recovers Institutional demand strengthened during Q3 as spot Bitcoin ETFs returned to positive flows. SoSoValue data showed the funds attracted about $6.49 billion during the quarter. August alone generated approximately $3.52 billion in inflows. The turnaround followed June, when spot Bitcoin ETFs recorded $4.51 billion in outflows. Q3 also ended three consecutive quarters of net ETF outflows. Total Bitcoin ETF assets increased from $70.95 billion to nearly $108 billion. Ethereum ETFs followed a similar pattern. The products attracted $3.11 billion during Q3, marking their third-best quarter. Combined Ethereum ETF assets more than doubled to $17.79 billion. Corporate treasury buying picked up again too, with Strategy resuming its Bitcoin purchases during the quarter.  However, ETF momentum cooled during September. Bitcoin funds attracted $2.80 billion, below August’s total. Ethereum ETF inflows slowed to $892 million in September from $1.85 billion during August. The US Treasury also expanded buybacks of long-dated bonds in August, easing pressure on yields. Meanwhile, the Securities and Exchange Commission introduced an Innovation Exemption involving tokenized stocks. The move improved market sentiment despite continued uncertainty around the CLARITY Act. Bitcoin faces $80,000 test before October Fed meeting Traders now turn toward the Federal Reserve’s October 27-28 meeting as Q4 begins. A softer-than-expected PCE inflation report on September 30 reduced expectations for an October interest-rate increase. However, upcoming inflation and employment data could change those expectations. Stronger inflation or jobs data could keep Treasury yields and the dollar elevated. Those conditions have historically created additional pressure for crypto markets. Bitcoin’s $80,000 level has therefore become an important technical area heading into Q4. Holding above $80,000 keeps $87,400 and $90,000 as potential upside targets. A sustained break below that support could weaken momentum. Seasonality also remains supportive for Bitcoin. CoinGlass data shows Bitcoin has recorded a median Q4 return of 26.59% since 2013. Ethereum’s seasonal record appears weaker. Its median fourth-quarter return stands at only 0.15% over the same period. Regulation remains another unresolved factor. The CLARITY Act remains stalled in Congress, leaving traders focused on future US crypto legislation. Any legislative progress could influence whether institutional demand continues through the final quarter of 2026. The post Bitcoin posts best Q3 since 2017 as Ethereum hits record high first appeared on Coinfea.

Bitcoin Posts Best Q3 Since 2017 As Ethereum Hits Record High

Bitcoin and Ethereum closed the third quarter with their strongest performances in years as crypto markets rebounded sharply. Institutional demand returned, while major altcoins also recorded broad gains during the three months.
ETF inflows and improving market sentiment supported the recovery after a difficult first half. Traders now enter Q4 watching Federal Reserve policy, regulation, and Bitcoin’s key support levels.
Bitcoin gained 42.71% between July 1 and September 30, according to CoinGlass data. The advance marked Bitcoin’s strongest third quarter since 2017.
Ethereum performed even better, climbing 70.8% during Q3. The move gave Ethereum its best third-quarter performance on record after two consecutive losing quarters.
The wider altcoin market also strengthened significantly. TOTAL3ES, which excludes Bitcoin, Ethereum and stablecoins, added about $183 billion during the quarter.
Its market capitalization rose roughly 50%, from around $364 billion to nearly $547 billion.
Zcash ranked among the strongest performers, rising more than 260%. Uniswap gained over 200%, while Chainlink nearly doubled during the quarter.
Hyperliquid reached new highs, while Solana posted its strongest three-month period after ten straight losing months. Quant also recorded a sharp rally during the final weeks of Q3.
Bitcoin ETF inflows return as institutional demand recovers
Institutional demand strengthened during Q3 as spot Bitcoin ETFs returned to positive flows.
SoSoValue data showed the funds attracted about $6.49 billion during the quarter. August alone generated approximately $3.52 billion in inflows.
The turnaround followed June, when spot Bitcoin ETFs recorded $4.51 billion in outflows.
Q3 also ended three consecutive quarters of net ETF outflows. Total Bitcoin ETF assets increased from $70.95 billion to nearly $108 billion.
Ethereum ETFs followed a similar pattern. The products attracted $3.11 billion during Q3, marking their third-best quarter.
Combined Ethereum ETF assets more than doubled to $17.79 billion.
Corporate treasury buying picked up again too, with Strategy resuming its Bitcoin purchases during the quarter.
However, ETF momentum cooled during September. Bitcoin funds attracted $2.80 billion, below August’s total.
Ethereum ETF inflows slowed to $892 million in September from $1.85 billion during August.
The US Treasury also expanded buybacks of long-dated bonds in August, easing pressure on yields.
Meanwhile, the Securities and Exchange Commission introduced an Innovation Exemption involving tokenized stocks. The move improved market sentiment despite continued uncertainty around the CLARITY Act.
Bitcoin faces $80,000 test before October Fed meeting
Traders now turn toward the Federal Reserve’s October 27-28 meeting as Q4 begins.
A softer-than-expected PCE inflation report on September 30 reduced expectations for an October interest-rate increase. However, upcoming inflation and employment data could change those expectations.
Stronger inflation or jobs data could keep Treasury yields and the dollar elevated. Those conditions have historically created additional pressure for crypto markets.
Bitcoin’s $80,000 level has therefore become an important technical area heading into Q4.
Holding above $80,000 keeps $87,400 and $90,000 as potential upside targets. A sustained break below that support could weaken momentum.
Seasonality also remains supportive for Bitcoin. CoinGlass data shows Bitcoin has recorded a median Q4 return of 26.59% since 2013.
Ethereum’s seasonal record appears weaker. Its median fourth-quarter return stands at only 0.15% over the same period.
Regulation remains another unresolved factor. The CLARITY Act remains stalled in Congress, leaving traders focused on future US crypto legislation.
Any legislative progress could influence whether institutional demand continues through the final quarter of 2026.
The post Bitcoin posts best Q3 since 2017 as Ethereum hits record high first appeared on Coinfea.
Article
DeepSeek Open-sources Tools for Huawei Chips Amid Rivalry With Nvidia’s CUDAChinese AI company DeepSeek has open-sourced six software tools built for Huawei’s Ascend AI chips, aiming to give Chinese developers a homegrown alternative to Nvidia’s software stack at a time when US export controls keep most advanced American processors out of reach. The Hangzhou-based startup announced the release on its official WeChat account, according to Reuters. The package includes modules for computing and communication workloads, with DeepSeek saying the tools are based on open-source components it had previously developed for Nvidia hardware, which have now been adapted for Huawei’s processors. Alongside the software, the two firms co-developed what DeepSeek referred to as a “supernode” system running on 128 of Huawei’s Ascend 950 accelerators. The system is tuned to balance computation and data movement across the cluster. DeepSeek open-sources six software tools for Huawei The release, as reported by the South China Morning Post, is meant to seed an “independent and controllable” software ecosystem for GPUs instead of only a single product. The biggest part of the release is an Ascend-compatible version of TileLang, DeepSeek’s high-level programming language for writing the critical kernels that drive model performance. Nvidia remains its main back end, but the language now officially supports Huawei’s Ascend 950, adding features such as native code generation, automatic scheduling and synchronization, according to SCMP. DeepSeek also positioned TileLang as an alternative to Nvidia’s proprietary CUDA platform, saying it simplifies programming while still allowing developers to get the most out of the underlying hardware. The company described it as an early step toward a more independent GPU software ecosystem. CUDA’s dominance is what makes the challenge so difficult. Nvidia’s nearly two-decade lead in CUDA tools and libraries has made its chips a core part of AI workloads, and no Chinese rival has managed to break that hold. As US export controls limit Chinese companies’ access to Nvidia’s most advanced chips, Huawei has been pushing its Ascend processors even more. The DeepSeek tools arrived about two weeks after Huawei unveiled its next-generation AI processors and supernode systems, which the company expects to begin training models by next year. A week earlier, Huawei said it would ship its next-generation Ascend 960DT chip in the first quarter of 2027, moving the launch up by three quarters, and drew a chip roadmap stretching up to 2029. Rotating Chairman Eric Xu claimed Huawei’s Ascend chips already hold a bigger slice of China’s AI chip market than Nvidia does, although he gave no figures to back this claim. Wednesday’s release builds on a partnership that has grown closer this year. DeepSeek had already previewed its V4 model running on Huawei’s Ascend processors, moving away from its earlier reliance on Nvidia. Huawei also stated at the time that it had worked with DeepSeek to make V4 compatible across the entire Ascend lineup. The partnership also shows how China’s biggest AI companies are adapting to Nvidia’s absence and are not just waiting for export restrictions to ease at some point in the future. The key question remains how much these tools can narrow the performance gap that has helped keep developers tied to Nvidia’s CUDA, which is one that we still have no answer to, for now. The post DeepSeek open-sources tools for Huawei chips amid rivalry with Nvidia’s CUDA first appeared on Coinfea.

DeepSeek Open-sources Tools for Huawei Chips Amid Rivalry With Nvidia’s CUDA

Chinese AI company DeepSeek has open-sourced six software tools built for Huawei’s Ascend AI chips, aiming to give Chinese developers a homegrown alternative to Nvidia’s software stack at a time when US export controls keep most advanced American processors out of reach.
The Hangzhou-based startup announced the release on its official WeChat account, according to Reuters. The package includes modules for computing and communication workloads, with DeepSeek saying the tools are based on open-source components it had previously developed for Nvidia hardware, which have now been adapted for Huawei’s processors. Alongside the software, the two firms co-developed what DeepSeek referred to as a “supernode” system running on 128 of Huawei’s Ascend 950 accelerators. The system is tuned to balance computation and data movement across the cluster.
DeepSeek open-sources six software tools for Huawei
The release, as reported by the South China Morning Post, is meant to seed an “independent and controllable” software ecosystem for GPUs instead of only a single product. The biggest part of the release is an Ascend-compatible version of TileLang, DeepSeek’s high-level programming language for writing the critical kernels that drive model performance. Nvidia remains its main back end, but the language now officially supports Huawei’s Ascend 950, adding features such as native code generation, automatic scheduling and synchronization, according to SCMP.
DeepSeek also positioned TileLang as an alternative to Nvidia’s proprietary CUDA platform, saying it simplifies programming while still allowing developers to get the most out of the underlying hardware. The company described it as an early step toward a more independent GPU software ecosystem. CUDA’s dominance is what makes the challenge so difficult. Nvidia’s nearly two-decade lead in CUDA tools and libraries has made its chips a core part of AI workloads, and no Chinese rival has managed to break that hold.
As US export controls limit Chinese companies’ access to Nvidia’s most advanced chips, Huawei has been pushing its Ascend processors even more. The DeepSeek tools arrived about two weeks after Huawei unveiled its next-generation AI processors and supernode systems, which the company expects to begin training models by next year. A week earlier, Huawei said it would ship its next-generation Ascend 960DT chip in the first quarter of 2027, moving the launch up by three quarters, and drew a chip roadmap stretching up to 2029.
Rotating Chairman Eric Xu claimed Huawei’s Ascend chips already hold a bigger slice of China’s AI chip market than Nvidia does, although he gave no figures to back this claim. Wednesday’s release builds on a partnership that has grown closer this year. DeepSeek had already previewed its V4 model running on Huawei’s Ascend processors, moving away from its earlier reliance on Nvidia. Huawei also stated at the time that it had worked with DeepSeek to make V4 compatible across the entire Ascend lineup.
The partnership also shows how China’s biggest AI companies are adapting to Nvidia’s absence and are not just waiting for export restrictions to ease at some point in the future. The key question remains how much these tools can narrow the performance gap that has helped keep developers tied to Nvidia’s CUDA, which is one that we still have no answer to, for now.
The post DeepSeek open-sources tools for Huawei chips amid rivalry with Nvidia’s CUDA first appeared on Coinfea.
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Apple Pay Launches in India As Axis Bank Becomes First Card PartnerApple has switched on Apple Pay for its users in India, allowing those with eligible Axis Bank credit cards on the Visa and Mastercard networks to make contactless payments using the service, bringing Apple’s payments service to India’s growing iPhone user base for the first time. Only eligible Axis Bank Visa and Mastercard credit cards can be added to Apple Wallet for now. RuPay cards, which run on India’s domestic network, are not supported at launch. The Unified Payments Interface (UPI), which dominates India’s digital payments market, has also been skipped by the service and excluded from the launch. UPI accounted for 84% of India’s payment volume in 2025, according to an IMF report cited by Techeconomy. The state-backed system allows its users to transfer money directly between bank accounts using a QR code. Users can add only eligible cards to their wallets Apple has instead decided to enter the much smaller card-based segment, with Axis Bank accounting for 16.3 million of the roughly 124 million credit cards in the country as of August, according to central bank data. The launch also gives Apple another way to make money from its growing user base in India. iPhone users in the country tend to be more affluent and more likely to use premium credit cards, making them an attractive customer base for banks despite UPI’s dominance. Apple will also earn a fee on each transaction, which ultimately creates another revenue stream from the users the company has spent years accumulating. The terms Apple is seeking directly explain why the launch partner list remains short. TechCrunch, citing people familiar with the matter, reported that Apple is asking for about 20 basis points, or 0.2%, on each transaction. That would amount to a sizeable share of the 40 to 50 basis points that end up being the margins on each transaction in the payments layer. Apple has stated in its newsroom post that shoppers can pay in different stores by double-clicking the iPhone’s side button, authenticating with Face ID, Touch ID or a passcode, and by holding the device close to a contactless reader. The company stated that there is no need for a separate app, PIN, or any forms of OTPs at checkout. These privacy mechanics are unsurprising and very normal for Apple Pay, as actual card numbers and details are not stored on the device or on Apple’s servers, and are not shared with merchants. Instead, a unique Device Account Number is encrypted and stored in the Secure Element chip. According to Gautam Aggarwal, Mastercard’s president of India and South Asia, Mastercard’s tokenization technology protects each Apple Pay transaction with a unique, cryptographically secured token, keeping card details hidden from merchants. Axis Bank presented the launch as a way to give its customers more choice and flexibility, with Apple Pay support across both the Mastercard and Visa networks, said Amitabh Chaudhry, the bank’s MD and CEO. At launch, Apple says the service will reach millions of merchants, including Blinkit, Croma, Ixigo, Reliance brands, Tata 1mg, and Zomato, alongside Apple Store locations. The company also worked with payment providers like Cashfree, Juspay, Mswipe, Paytm, PayU, Pine Labs, and Razorpay to wire up acceptance. Coverage could be patchy at first. One person told TechCrunch that payments could work at one enabled terminal but fail at another whose acquiring bank has yet to activate the service. So cardholders with supported cards could still potentially face issues during the initial rollout. The post Apple Pay launches in India as Axis Bank becomes first card partner first appeared on Coinfea.

Apple Pay Launches in India As Axis Bank Becomes First Card Partner

Apple has switched on Apple Pay for its users in India, allowing those with eligible Axis Bank credit cards on the Visa and Mastercard networks to make contactless payments using the service, bringing Apple’s payments service to India’s growing iPhone user base for the first time.
Only eligible Axis Bank Visa and Mastercard credit cards can be added to Apple Wallet for now. RuPay cards, which run on India’s domestic network, are not supported at launch. The Unified Payments Interface (UPI), which dominates India’s digital payments market, has also been skipped by the service and excluded from the launch. UPI accounted for 84% of India’s payment volume in 2025, according to an IMF report cited by Techeconomy. The state-backed system allows its users to transfer money directly between bank accounts using a QR code.
Users can add only eligible cards to their wallets
Apple has instead decided to enter the much smaller card-based segment, with Axis Bank accounting for 16.3 million of the roughly 124 million credit cards in the country as of August, according to central bank data. The launch also gives Apple another way to make money from its growing user base in India. iPhone users in the country tend to be more affluent and more likely to use premium credit cards, making them an attractive customer base for banks despite UPI’s dominance.
Apple will also earn a fee on each transaction, which ultimately creates another revenue stream from the users the company has spent years accumulating. The terms Apple is seeking directly explain why the launch partner list remains short. TechCrunch, citing people familiar with the matter, reported that Apple is asking for about 20 basis points, or 0.2%, on each transaction. That would amount to a sizeable share of the 40 to 50 basis points that end up being the margins on each transaction in the payments layer.
Apple has stated in its newsroom post that shoppers can pay in different stores by double-clicking the iPhone’s side button, authenticating with Face ID, Touch ID or a passcode, and by holding the device close to a contactless reader. The company stated that there is no need for a separate app, PIN, or any forms of OTPs at checkout. These privacy mechanics are unsurprising and very normal for Apple Pay, as actual card numbers and details are not stored on the device or on Apple’s servers, and are not shared with merchants. Instead, a unique Device Account Number is encrypted and stored in the Secure Element chip.
According to Gautam Aggarwal, Mastercard’s president of India and South Asia, Mastercard’s tokenization technology protects each Apple Pay transaction with a unique, cryptographically secured token, keeping card details hidden from merchants. Axis Bank presented the launch as a way to give its customers more choice and flexibility, with Apple Pay support across both the Mastercard and Visa networks, said Amitabh Chaudhry, the bank’s MD and CEO.
At launch, Apple says the service will reach millions of merchants, including Blinkit, Croma, Ixigo, Reliance brands, Tata 1mg, and Zomato, alongside Apple Store locations. The company also worked with payment providers like Cashfree, Juspay, Mswipe, Paytm, PayU, Pine Labs, and Razorpay to wire up acceptance. Coverage could be patchy at first. One person told TechCrunch that payments could work at one enabled terminal but fail at another whose acquiring bank has yet to activate the service. So cardholders with supported cards could still potentially face issues during the initial rollout.
The post Apple Pay launches in India as Axis Bank becomes first card partner first appeared on Coinfea.
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Crypto Economic Activity Hits New Q3 Record As App Fees Reach $3.3BCrypto economic activity reached a new high in Q3 2026 as blockchain applications generated stronger fee revenue and attracted more users.  The growth showed expanding demand for on-chain services beyond traditional trading activity. New launchpad models, decentralized exchanges, and prediction markets contributed to the increase. The rise came as Web3 applications focused more on revenue generation and fee-sharing mechanisms. According to CryptoRank data, September alone produced $1.44 billion in fees from revenue-generating apps, highlighting stronger usage across multiple networks. Fee Sharing Model Drives Web3 Activity Growth Crypto economic activity recorded $3.3 billion in fees during Q3, marking a new quarterly peak. The increase reflected broader adoption of applications that generate revenue through direct user activity rather than short-term incentives. Earlier Web3 activity relied heavily on airdrop farming, where users interacted with protocols to qualify for future token distributions. However, new fee-sharing models gained traction over the past year. These models connected token holders with application revenue through mechanisms such as reflection tokens and tokenized asset products. The amount of fees generated depends on actual application usage, while each protocol applies different fee structures. Crypto influencers also helped spread the fee-sharing model, particularly around reflection meme tokens. Some influencers received unsolicited fee-sharing offers through social platforms to increase attention around specific tokens. However, blockchain data showed that only a limited number of meme projects generated meaningful fee-sharing revenue. Data also revealed that some recent meme launches were linked to rug pulls involving repeated launch teams. Solana and Robinhood Lead Token Launch Activity Crypto economic activity also expanded through new token launch platforms, with Solana and Robinhood Chain emerging among the strongest performers. The growth came from increased retail participation, liquidity availability, and demand for new token launches. According to CryptoRank data, Robinhood Chain generated $368 million in fees during September, placing it among the highest fee-producing chains during the month. The early surge came from meme token launches through its ecosystem. Later, the Pons launchpad became Robinhood Chain’s main fee contributor. The platform focused on reflection tokens connected to tokenized equities, cryptocurrencies, and precious metals. Pons reached its highest daily fee production on September 5, generating $11.42 million. By the end of September, daily fees had stabilized near $2 million. Pons activity peaked in September, making a major contribution to overall fees and revenues on Robinhood chain. | Source: DeFi Llama Launchpads were not the only drivers of crypto economic activity. Decentralized trading platforms and prediction markets continued producing significant revenue across the industry. Uniswap remained one of the leading decentralized exchanges by fee generation. The platform benefited from improved sentiment around altcoins and expanded activity through its Robinhood integration. Meanwhile, Hyperliquid and Polymarket maintained strong positions among the top fee-producing applications. Hyperliquid generated more than $73 million in September fees, while Polymarket exceeded $87 million. Prediction markets also reached a new milestone, surpassing $20 billion in weekly trading volume for the first time. The growth reflected increased participation across different types of on-chain financial applications. Q3 showed that crypto economic activity continued moving toward applications with direct revenue generation. More chains recorded higher usage as new applications, trading platforms, and token launches expanded across the ecosystem. The post Crypto Economic Activity Hits New Q3 Record as App Fees Reach $3.3B first appeared on Coinfea.

Crypto Economic Activity Hits New Q3 Record As App Fees Reach $3.3B

Crypto economic activity reached a new high in Q3 2026 as blockchain applications generated stronger fee revenue and attracted more users.
The growth showed expanding demand for on-chain services beyond traditional trading activity. New launchpad models, decentralized exchanges, and prediction markets contributed to the increase.
The rise came as Web3 applications focused more on revenue generation and fee-sharing mechanisms. According to CryptoRank data, September alone produced $1.44 billion in fees from revenue-generating apps, highlighting stronger usage across multiple networks.
Fee Sharing Model Drives Web3 Activity Growth
Crypto economic activity recorded $3.3 billion in fees during Q3, marking a new quarterly peak. The increase reflected broader adoption of applications that generate revenue through direct user activity rather than short-term incentives.
Earlier Web3 activity relied heavily on airdrop farming, where users interacted with protocols to qualify for future token distributions. However, new fee-sharing models gained traction over the past year.
These models connected token holders with application revenue through mechanisms such as reflection tokens and tokenized asset products. The amount of fees generated depends on actual application usage, while each protocol applies different fee structures.
Crypto influencers also helped spread the fee-sharing model, particularly around reflection meme tokens. Some influencers received unsolicited fee-sharing offers through social platforms to increase attention around specific tokens.
However, blockchain data showed that only a limited number of meme projects generated meaningful fee-sharing revenue. Data also revealed that some recent meme launches were linked to rug pulls involving repeated launch teams.
Solana and Robinhood Lead Token Launch Activity
Crypto economic activity also expanded through new token launch platforms, with Solana and Robinhood Chain emerging among the strongest performers. The growth came from increased retail participation, liquidity availability, and demand for new token launches.
According to CryptoRank data, Robinhood Chain generated $368 million in fees during September, placing it among the highest fee-producing chains during the month. The early surge came from meme token launches through its ecosystem.
Later, the Pons launchpad became Robinhood Chain’s main fee contributor. The platform focused on reflection tokens connected to tokenized equities, cryptocurrencies, and precious metals.
Pons reached its highest daily fee production on September 5, generating $11.42 million. By the end of September, daily fees had stabilized near $2 million.
Pons activity peaked in September, making a major contribution to overall fees and revenues on Robinhood chain. | Source: DeFi Llama
Launchpads were not the only drivers of crypto economic activity. Decentralized trading platforms and prediction markets continued producing significant revenue across the industry.
Uniswap remained one of the leading decentralized exchanges by fee generation. The platform benefited from improved sentiment around altcoins and expanded activity through its Robinhood integration.
Meanwhile, Hyperliquid and Polymarket maintained strong positions among the top fee-producing applications. Hyperliquid generated more than $73 million in September fees, while Polymarket exceeded $87 million.
Prediction markets also reached a new milestone, surpassing $20 billion in weekly trading volume for the first time. The growth reflected increased participation across different types of on-chain financial applications.
Q3 showed that crypto economic activity continued moving toward applications with direct revenue generation. More chains recorded higher usage as new applications, trading platforms, and token launches expanded across the ecosystem.
The post Crypto Economic Activity Hits New Q3 Record as App Fees Reach $3.3B first appeared on Coinfea.
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Tokenized Stocks in DeFi Explode Nearly 18x Since JanuaryTokenized stocks are gaining traction across decentralized finance as investors increasingly use blockchain-based equities for trading, lending, and yield strategies.  The growth shows a wider shift toward bringing traditional assets into crypto markets. Data from Token Terminal shows that tokenized stocks used within DeFi protocols have expanded sharply since the start of the year. The increase highlights rising activity around tokenized equities beyond simple wallet holdings. Token Terminal reported that tokenized stocks deposited into DeFi protocols reached $262.4 million, up from $14.66 million in January. The figure represents around 1,690% year-to-date growth, or nearly an 18-fold increase. The data only tracks tokenized equities actively used inside DeFi platforms. It excludes assets sitting unused in wallets, such as a tokenized Nvidia share held without liquidity, lending, or yield activity. Tokenized stocks in DeFi now include assets supplied to liquidity pools, used as collateral for loans, or deployed in yield strategies. The growth shows that investors are moving beyond ownership and applying tokenized equities across decentralized financial applications. DEX pools hold majority of tokenized stock activity Decentralized exchanges account for the largest share of tokenized stocks in DeFi, according to Token Terminal data. Around 58% of the $262.4 million total sits in DEX liquidity pools, allowing tokenized equities to trade continuously. Uniswap V4 leads the market with $59.5 million, representing 22.7% of the total value. Uniswap V3 follows with $26.7 million, while Raydium, PancakeSwap, Aerodrome, and Meteora also contribute significant liquidity. Lending protocols represent the second-largest category, holding about 26% of tokenized stock value. Kamino Lend leads lending activity with $54.1 million in collateral, while Fluid Jupiter Lend accounts for another $14.2 million. The rise of tokenized stocks as loan collateral reflects increased reliance on pricing, liquidation, and redemption systems. Tokenized equities used in lending have grown from below $15 million in January to more than $68 million currently. Pendle yield strategies represent another portion of the market, holding $33.7 million or nearly 13% of tokenized stock DeFi activity. These platforms allow users to apply tokenized equities in additional financial strategies. Solana leads tokenized stocks with treasury assets driving growth Solana remains the largest blockchain network for tokenized stocks in DeFi, holding $95.9 million or 36.6% of the total market. Robinhood Chain follows closely with $79.9 million, representing 30.5% of activity. Almost all Robinhood Chain growth occurred in September, according to Token Terminal data. Meanwhile, BNB Chain and Ethereum hold $35.3 million and $34.7 million respectively, each accounting for around 13%. Base trails with $16 million. Tokenized stock activity has also shifted across platforms during the year. Kamino and Solana-based decentralized exchanges supported much of the early growth, while Uniswap V4 gained momentum in September. Its total value locked roughly doubled during the month. Crypto treasury-related stocks remain the largest category among tokenized equities. Strategy’s STRC preferred stock leads with $34.3 million deployed in DeFi. Forward Industries’ FWDI token follows with $25.4 million, while tokenized Strategy common stock MSTRx holds $9.6 million. These crypto treasury stocks represent about one-quarter of all tokenized equity value locked in DeFi. Token Terminal reported that investors holding blockchain-related treasury exposure have increasingly used these assets for lending and other DeFi applications. Traditional equity exposure is also expanding. S&P 500 tracking tokens SPYx and SPY hold a combined $30.1 million, while Nvidia tokenized shares across two issuers account for $15.6 million. Tesla’s TSLAx holds $6.2 million. Token Terminal tracks 1,495 tokenized stock assets across DeFi platforms. Assets outside the top 10 represent 48.9% of total value, showing that activity remains distributed across a broad range of tokenized equities. The post Tokenized stocks in DeFi explode nearly 18x since January first appeared on Coinfea.

Tokenized Stocks in DeFi Explode Nearly 18x Since January

Tokenized stocks are gaining traction across decentralized finance as investors increasingly use blockchain-based equities for trading, lending, and yield strategies.
The growth shows a wider shift toward bringing traditional assets into crypto markets. Data from Token Terminal shows that tokenized stocks used within DeFi protocols have expanded sharply since the start of the year. The increase highlights rising activity around tokenized equities beyond simple wallet holdings.
Token Terminal reported that tokenized stocks deposited into DeFi protocols reached $262.4 million, up from $14.66 million in January. The figure represents around 1,690% year-to-date growth, or nearly an 18-fold increase.
The data only tracks tokenized equities actively used inside DeFi platforms. It excludes assets sitting unused in wallets, such as a tokenized Nvidia share held without liquidity, lending, or yield activity.
Tokenized stocks in DeFi now include assets supplied to liquidity pools, used as collateral for loans, or deployed in yield strategies. The growth shows that investors are moving beyond ownership and applying tokenized equities across decentralized financial applications.
DEX pools hold majority of tokenized stock activity
Decentralized exchanges account for the largest share of tokenized stocks in DeFi, according to Token Terminal data. Around 58% of the $262.4 million total sits in DEX liquidity pools, allowing tokenized equities to trade continuously.
Uniswap V4 leads the market with $59.5 million, representing 22.7% of the total value. Uniswap V3 follows with $26.7 million, while Raydium, PancakeSwap, Aerodrome, and Meteora also contribute significant liquidity.
Lending protocols represent the second-largest category, holding about 26% of tokenized stock value. Kamino Lend leads lending activity with $54.1 million in collateral, while Fluid Jupiter Lend accounts for another $14.2 million.
The rise of tokenized stocks as loan collateral reflects increased reliance on pricing, liquidation, and redemption systems. Tokenized equities used in lending have grown from below $15 million in January to more than $68 million currently.
Pendle yield strategies represent another portion of the market, holding $33.7 million or nearly 13% of tokenized stock DeFi activity. These platforms allow users to apply tokenized equities in additional financial strategies.
Solana leads tokenized stocks with treasury assets driving growth
Solana remains the largest blockchain network for tokenized stocks in DeFi, holding $95.9 million or 36.6% of the total market. Robinhood Chain follows closely with $79.9 million, representing 30.5% of activity.
Almost all Robinhood Chain growth occurred in September, according to Token Terminal data. Meanwhile, BNB Chain and Ethereum hold $35.3 million and $34.7 million respectively, each accounting for around 13%. Base trails with $16 million.
Tokenized stock activity has also shifted across platforms during the year. Kamino and Solana-based decentralized exchanges supported much of the early growth, while Uniswap V4 gained momentum in September. Its total value locked roughly doubled during the month.
Crypto treasury-related stocks remain the largest category among tokenized equities. Strategy’s STRC preferred stock leads with $34.3 million deployed in DeFi. Forward Industries’ FWDI token follows with $25.4 million, while tokenized Strategy common stock MSTRx holds $9.6 million.
These crypto treasury stocks represent about one-quarter of all tokenized equity value locked in DeFi. Token Terminal reported that investors holding blockchain-related treasury exposure have increasingly used these assets for lending and other DeFi applications.
Traditional equity exposure is also expanding. S&P 500 tracking tokens SPYx and SPY hold a combined $30.1 million, while Nvidia tokenized shares across two issuers account for $15.6 million. Tesla’s TSLAx holds $6.2 million.
Token Terminal tracks 1,495 tokenized stock assets across DeFi platforms. Assets outside the top 10 represent 48.9% of total value, showing that activity remains distributed across a broad range of tokenized equities.
The post Tokenized stocks in DeFi explode nearly 18x since January first appeared on Coinfea.
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FX World 2026 Countdown Begins in RomeWith just weeks to go until FX World 2026 takes over Rome, anticipation is building for one of the most significant gatherings of forex, trading and financial markets professionals on the European events calendar. Taking place from 02–05 November at Fiera Roma, FX World will be part of a major cross-industry gathering that brings together financial markets leaders alongside the wider technology, gaming, affiliate, and digital innovation communities. The event is set to attract thousands of industry professionals to Rome, creating an environment where established businesses, emerging companies, investors and decision-makers can connect under one roof. A new home for FX One of the key additions for 2026 is the new FX Hall, creating a dedicated space for the financial markets community within the wider Rome event. The hall will bring together leading brokers and financial services players, including XM.com, eToro, ATFX, Plus500 and Finery Markets, alongside a growing Prop Trading sector featuring firms such as The5ers and PIPCY. With affiliates, partners, brokers, technology providers and traders all under one roof, the FX Hall will provide a focused environment for discovering new solutions, forging partnerships and building valuable commercial connections.  The wider exhibition will also provide access to a diverse ecosystem spanning fintech, payments, digital assets, AI and emerging technologies. With 1,000 exhibitors expected across the wider event and 30,000 delegates projected to attend, FX World will offer a valuable gateway into a much broader network of businesses and decision-makers. Three days of market insight Beyond the exhibition floor, FX World will deliver a conference programme on the Global Finance Stage, addressing some of the most pressing issues shaping the financial markets today. The agenda will explore the forces driving the next phase of forex and trading, from shifting interest rates and geopolitical uncertainty to fragmented liquidity, technology, automation and the evolving needs of introducing brokers and affiliate networks. The programme will also look beyond current market conditions to the commercial forces shaping the future of forex. The talks will cover the prospects for international expansion, the complexities of conducting international transactions, the growing importance of AI and fintech, and the rise of AI agents in the financial industry, with presenters providing forecasts of the main trends and events to come in 2027. A key highlight on the Global Finance Stage will be a keynote from futurist and bestselling author Brett King, who will present “BANK 5.0: THE RISE OF AUTONOMOUS BANKING IN A SMART WORLD”, exploring the emergence of agentic banking and a financial system in which AI agents can autonomously manage portfolios, negotiate loans, transact and trade. His keynote will examine how financial institutions may need to evolve as intelligent, always-on systems built for an increasingly autonomous economy. Where business meets networking For many attendees, the value of FX World will extend well beyond the conference and exhibition. Networking remains central to the Rome experience, with dedicated networking drinks at the Platinum VIP Lounge and opportunities to connect with fellow delegates throughout the event. The wider programme also includes a welcome reception at the Lanterna di Fuksas, an exclusive iGathering networking cocktail, and the AIBC & FX Awards at the historic Corsia Sistina di Santo Spirito in Sassia. The awards will bring together leading figures from the technology and financial markets communities for an evening of recognition, networking, and celebration. Nominations are now open. Participants can also use the SiGMA Match system to find suitable listeners, organize sessions, and schedule their activities during the event, making the four-day gathering valuable for business growth. A wider ecosystem in Rome FX World will not operate in isolation. Its co-location with SiGMA World, AIBC World and Affiliate Grand Slam creates an unusually broad business environment, bringing together financial markets, gaming, AI, blockchain, fintech, digital assets and affiliate marketing. For FX professionals, this creates opportunities to engage with adjacent sectors and explore partnerships that may sit outside the traditional financial markets ecosystem. For technology companies and startups, it offers a route to investors, operators, brokers and other potential commercial partners. The startup ecosystem will also feature prominently, with startup pitch competitions giving emerging companies opportunities to present their businesses and connect with investors and industry leaders. About FX World FX World brings together forex, trading and financial markets professionals for four days of industry insight, networking and business opportunities. Taking place in Rome from 2–5 November 2026, the event connects brokers, affiliates, fintechs, technology providers, traders and investors through a dedicated FX Hall, conference programme and wider cross-industry ecosystem. Rome is calling With the event now fast approaching, FX World 2026 is shaping up to be a key date for anyone looking to understand where the financial markets industry is heading and who is driving its next phase. From the new FX Hall and expanded exhibition opportunities to expert-led conference sessions, high-level networking and access to a wider cross-industry ecosystem, Rome promises four days built around knowledge, connections and commercial opportunity. One ticket gives attendees access to four major events under one roof: Affiliate Grand Slam, AIBC World, FX World and SiGMA World, opening the door to an even broader network of industry leaders, businesses and potential partners.  FX World 2026 takes place from 02–05 November 2026 at Fiera Roma. Registration is now open, with ticket prices set to increase. Secure your place and join the global financial markets community in Rome this November. Register for FX World 2026 FX.world | Connecting the Global Forex Industry — 02–05 November 2026, Rome  The post FX World 2026 Countdown Begins in Rome first appeared on Coinfea.

FX World 2026 Countdown Begins in Rome

With just weeks to go until FX World 2026 takes over Rome, anticipation is building for one of the most significant gatherings of forex, trading and financial markets professionals on the European events calendar.
Taking place from 02–05 November at Fiera Roma, FX World will be part of a major cross-industry gathering that brings together financial markets leaders alongside the wider technology, gaming, affiliate, and digital innovation communities. The event is set to attract thousands of industry professionals to Rome, creating an environment where established businesses, emerging companies, investors and decision-makers can connect under one roof.
A new home for FX
One of the key additions for 2026 is the new FX Hall, creating a dedicated space for the financial markets community within the wider Rome event. The hall will bring together leading brokers and financial services players, including XM.com, eToro, ATFX, Plus500 and Finery Markets, alongside a growing Prop Trading sector featuring firms such as The5ers and PIPCY. With affiliates, partners, brokers, technology providers and traders all under one roof, the FX Hall will provide a focused environment for discovering new solutions, forging partnerships and building valuable commercial connections.
The wider exhibition will also provide access to a diverse ecosystem spanning fintech, payments, digital assets, AI and emerging technologies. With 1,000 exhibitors expected across the wider event and 30,000 delegates projected to attend, FX World will offer a valuable gateway into a much broader network of businesses and decision-makers.
Three days of market insight
Beyond the exhibition floor, FX World will deliver a conference programme on the Global Finance Stage, addressing some of the most pressing issues shaping the financial markets today. The agenda will explore the forces driving the next phase of forex and trading, from shifting interest rates and geopolitical uncertainty to fragmented liquidity, technology, automation and the evolving needs of introducing brokers and affiliate networks.
The programme will also look beyond current market conditions to the commercial forces shaping the future of forex. The talks will cover the prospects for international expansion, the complexities of conducting international transactions, the growing importance of AI and fintech, and the rise of AI agents in the financial industry, with presenters providing forecasts of the main trends and events to come in 2027. A key highlight on the Global Finance Stage will be a keynote from futurist and bestselling author Brett King, who will present “BANK 5.0: THE RISE OF AUTONOMOUS BANKING IN A SMART WORLD”, exploring the emergence of agentic banking and a financial system in which AI agents can autonomously manage portfolios, negotiate loans, transact and trade. His keynote will examine how financial institutions may need to evolve as intelligent, always-on systems built for an increasingly autonomous economy.
Where business meets networking
For many attendees, the value of FX World will extend well beyond the conference and exhibition.
Networking remains central to the Rome experience, with dedicated networking drinks at the Platinum VIP Lounge and opportunities to connect with fellow delegates throughout the event.
The wider programme also includes a welcome reception at the Lanterna di Fuksas, an exclusive iGathering networking cocktail, and the AIBC & FX Awards at the historic Corsia Sistina di Santo Spirito in Sassia. The awards will bring together leading figures from the technology and financial markets communities for an evening of recognition, networking, and celebration. Nominations are now open.
Participants can also use the SiGMA Match system to find suitable listeners, organize sessions, and schedule their activities during the event, making the four-day gathering valuable for business growth.
A wider ecosystem in Rome
FX World will not operate in isolation. Its co-location with SiGMA World, AIBC World and Affiliate Grand Slam creates an unusually broad business environment, bringing together financial markets, gaming, AI, blockchain, fintech, digital assets and affiliate marketing.
For FX professionals, this creates opportunities to engage with adjacent sectors and explore partnerships that may sit outside the traditional financial markets ecosystem. For technology companies and startups, it offers a route to investors, operators, brokers and other potential commercial partners.
The startup ecosystem will also feature prominently, with startup pitch competitions giving emerging companies opportunities to present their businesses and connect with investors and industry leaders.
About FX World
FX World brings together forex, trading and financial markets professionals for four days of industry insight, networking and business opportunities. Taking place in Rome from 2–5 November 2026, the event connects brokers, affiliates, fintechs, technology providers, traders and investors through a dedicated FX Hall, conference programme and wider cross-industry ecosystem.
Rome is calling
With the event now fast approaching, FX World 2026 is shaping up to be a key date for anyone looking to understand where the financial markets industry is heading and who is driving its next phase.
From the new FX Hall and expanded exhibition opportunities to expert-led conference sessions, high-level networking and access to a wider cross-industry ecosystem, Rome promises four days built around knowledge, connections and commercial opportunity. One ticket gives attendees access to four major events under one roof: Affiliate Grand Slam, AIBC World, FX World and SiGMA World, opening the door to an even broader network of industry leaders, businesses and potential partners.
FX World 2026 takes place from 02–05 November 2026 at Fiera Roma. Registration is now open, with ticket prices set to increase. Secure your place and join the global financial markets community in Rome this November.
Register for FX World 2026
FX.world | Connecting the Global Forex Industry — 02–05 November 2026, Rome
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IFX Hack Hong Kong 2026 Brings AI and Fintech Innovation to the University of Hong KongPowered by AWS, the one-day Hackathon will challenge students and professionals to build AI-powered solutions for financial services, with the Top 7 teams progressing to iFX EXPO Asia 2026. HONG KONG, [September 22, 2026] – iFX Hack Hong Kong 2026, a Trading & Fintech Hackathon Powered by AWS, will take place at The University of Hong Kong (HKU) on 4 October 2026, bringing together students, developers, entrepreneurs, AI specialists and financial services and technology professionals to build practical AI-powered solutions for the future of finance. The Hackathon is co-organised by iFX and HKU Business School, Centre for Innovation and Entrepreneurship (CIE) and Powered by AWS, with the Artificial Intelligence Association of Hong Kong (AIHK) and Tsunami Advisors as Partners, and HKU Technology Entrepreneurship Core (TEC) as a Supporting Organisation. Build the Future of Finance with AI Under the theme “Build the Future of Finance with AI,” participants will identify a meaningful problem within financial services and develop an AI-powered solution or working prototype. Teams can explore areas including trading, investing, fintech, payments, operations, compliance, digital assets and customer experience, with the challenge designed to encourage a mix of technical, business, product and financial expertise. The Hackathon goes beyond a traditional coding competition. Participants will spend the day building and developing their solutions before presenting them through live demos to the jury. Open to Students and Professionals Participation is free and open to students and professionals aged 18 and above, including developers, entrepreneurs, AI specialists, fintech professionals and anyone with the relevant skills, interest or an idea to contribute. Participants can apply individually or in teams of 2–5 people. Those without a team can be matched with other participants where appropriate. The Hackathon is limited to a maximum of 100 participants. From HKU to iFX EXPO Asia The journey does not end at HKU. The Top 7 teams will progress to the Grand Final at iFX EXPO Asia 2026 at the Hong Kong Convention and Exhibition Centre (HKCEC) on 8 October. Finalists will have 5–7 October to further develop their prototypes and prepare their final presentations before taking to the iFX EXPO Asia stage, where they will showcase their solutions to an international audience from the financial services and technology industry. Teams will also compete for a total prize pool of HKD 28,000: 1st Prize: HKD 16,0002nd Prize: HKD 8,0003rd Prize: HKD 4,000 Event Details Date: Sunday, 4 October 2026Time: 09:30–21:00Venue: Lecture Hall II, Centennial Campus, The University of Hong Kong (HKU)Rooms: CPD-LG.07 & CPD-LG.08Participation: FreeEligibility: Students and professionals aged 18+Team Size: 2–5 participantsCapacity: Maximum 100 participantsGrand Final: 8 October 2026 at iFX EXPO Asia, HKCEC Register here: https://shorturl.at/tNitP  About iFX EXPO iFX EXPO is a global event series for the online trading, fintech, payments and financial services industries. For over a decade, iFX EXPO has brought together brokers, fintech companies, payment providers, technology providers, affiliates, investors and industry leaders through exhibitions, conferences, networking and business development opportunities. With events taking place in key financial hubs around the world, iFX EXPO connects thousands of professionals from across the global financial ecosystem. iFX EXPO is part of Ultimate Group, its parent company and the group behind a portfolio of international events, media platforms and business communities serving the financial services, trading, fintech, payments and technology sectors. The post iFX Hack Hong Kong 2026 Brings AI and Fintech Innovation to The University of Hong Kong first appeared on Coinfea.

IFX Hack Hong Kong 2026 Brings AI and Fintech Innovation to the University of Hong Kong

Powered by AWS, the one-day Hackathon will challenge students and professionals to build AI-powered solutions for financial services, with the Top 7 teams progressing to iFX EXPO Asia 2026.
HONG KONG, [September 22, 2026] – iFX Hack Hong Kong 2026, a Trading & Fintech Hackathon Powered by AWS, will take place at The University of Hong Kong (HKU) on 4 October 2026, bringing together students, developers, entrepreneurs, AI specialists and financial services and technology professionals to build practical AI-powered solutions for the future of finance.
The Hackathon is co-organised by iFX and HKU Business School, Centre for Innovation and Entrepreneurship (CIE) and Powered by AWS, with the Artificial Intelligence Association of Hong Kong (AIHK) and Tsunami Advisors as Partners, and HKU Technology Entrepreneurship Core (TEC) as a Supporting Organisation.
Build the Future of Finance with AI
Under the theme “Build the Future of Finance with AI,” participants will identify a meaningful problem within financial services and develop an AI-powered solution or working prototype.
Teams can explore areas including trading, investing, fintech, payments, operations, compliance, digital assets and customer experience, with the challenge designed to encourage a mix of technical, business, product and financial expertise.
The Hackathon goes beyond a traditional coding competition. Participants will spend the day building and developing their solutions before presenting them through live demos to the jury.
Open to Students and Professionals
Participation is free and open to students and professionals aged 18 and above, including developers, entrepreneurs, AI specialists, fintech professionals and anyone with the relevant skills, interest or an idea to contribute.
Participants can apply individually or in teams of 2–5 people. Those without a team can be matched with other participants where appropriate. The Hackathon is limited to a maximum of 100 participants.
From HKU to iFX EXPO Asia
The journey does not end at HKU.
The Top 7 teams will progress to the Grand Final at iFX EXPO Asia 2026 at the Hong Kong Convention and Exhibition Centre (HKCEC) on 8 October.
Finalists will have 5–7 October to further develop their prototypes and prepare their final presentations before taking to the iFX EXPO Asia stage, where they will showcase their solutions to an international audience from the financial services and technology industry.
Teams will also compete for a total prize pool of HKD 28,000:
1st Prize: HKD 16,0002nd Prize: HKD 8,0003rd Prize: HKD 4,000
Event Details
Date: Sunday, 4 October 2026Time: 09:30–21:00Venue: Lecture Hall II, Centennial Campus, The University of Hong Kong (HKU)Rooms: CPD-LG.07 & CPD-LG.08Participation: FreeEligibility: Students and professionals aged 18+Team Size: 2–5 participantsCapacity: Maximum 100 participantsGrand Final: 8 October 2026 at iFX EXPO Asia, HKCEC
Register here: https://shorturl.at/tNitP
About iFX EXPO
iFX EXPO is a global event series for the online trading, fintech, payments and financial services industries.
For over a decade, iFX EXPO has brought together brokers, fintech companies, payment providers, technology providers, affiliates, investors and industry leaders through exhibitions, conferences, networking and business development opportunities.
With events taking place in key financial hubs around the world, iFX EXPO connects thousands of professionals from across the global financial ecosystem.
iFX EXPO is part of Ultimate Group, its parent company and the group behind a portfolio of international events, media platforms and business communities serving the financial services, trading, fintech, payments and technology sectors.
The post iFX Hack Hong Kong 2026 Brings AI and Fintech Innovation to The University of Hong Kong first appeared on Coinfea.
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CoinGape to Bring Institutional Leaders Together At Global Onchain Summit 2026 in SingaporeMeta – 30+ Speakers, 150+ institutional grade audience are set to gather at CoinGape’s Global Onchain Summit at Pullman Hill Street on October 6th. Singapore- CoinGape is set to host the Global Onchain Summit 2026 in Singapore on October 6. The summit will bring together senior executives from banks, asset managers, financial infrastructure firms and digital asset companies as web3 moves deeper into its institutional phase. The Global Onchain Summit will focus on how traditional financial institutions are adopting blockchain infrastructure. It will feature sessions across tokenization, stablecoins, digital asset custody, payments and on chain markets. Who are the Speakers for Global Onchain Summit The speaker lineup for Global Onchain Summit includes executives from Franklin Templeton, State Street, BNY, Swift, OCBC, WLFI, Coinbase, S&P Global, Kalshi, Alpaca, Galaxy Digital, Robinhood, Wintermute, Triple-A, DCS and AmericanFortress, among others. Among the confirmed speakers are Arthur Hayes, Chief Investment Officer at Maelstrom; Chetan Karkhanis, Senior Vice President at Franklin Templeton; Zahid Mustafa, Managing Director at State Street; Andy Ross, Head of Institutional at Kalshi, Doni Shamsuddin, Head of Asia Pacific at BNY Investment; Avalon Ingram, Digital Assets Business Lead at Swift; Steven Hu, Head of Digital Assets at OCBC; Nick See Tong, APAC Regional Lead at Base; Arush Sehgal, Head of Digital Assets at Alpaca; Leonard Hoh, Bitstamp by Robinhood; and Andrew O’Neil, CFAMD, Analytics Lead of Digital Assets at S&P Global. Agenda for the Global Onchain Summit A central theme of the Global onchain summit will be how financial institutions are approaching the transition to on chain markets. The key “Wall Street Goes Onchain: How Institutions Are Entering the Digital Asset Era” panel will bring together Franklin Templeton, BNY and Swift. The trio will discuss institutional adoption, tokenization, digital asset infrastructure, settlement and the changing role of blockchain in global financial markets. The agenda will also look at several areas where traditional finance and blockchain infrastructure are increasingly overlapping. A dedicated session on tokenized stocks and 24/7 markets will examine whether capital markets are ready for continuous trading. The industry leaders and experts will also share insights on how financial infrastructure needs to evolve around tokenized securities. The summit will also feature the keynote on “The Stablecoin Century,” exploring the role of stablecoins in global financial flows. Another session will focus on agentic payments. It will explore how AI agents could interact with wallets, payment networks and transform how industry works. The agenda further covers prediction markets, institutional DeFi and on chain liquidity infrastructure. With over 150+ audience presence having representatives from VCs, family offices, banks, traffic giants, it will provide a wholesome view of how different parts of the digital asset market are developing beyond traditional crypto trading. Building a conversation around what comes next Abhinav Agarwal, Co-Founder and COO of CoinGape, said: “The institutional conversation around digital assets has changed. The question is no longer only whether institutions will participate in this market. We are now seeing institutions build the infrastructure around tokenization, stablecoins, custody, payments and on chain markets. Global Onchain Summit is designed to bring the people driving that shift into one room and have a direct conversation about what comes next.” The event will also host the Global Onchain Awards 2026. The awards recognize companies and leaders across categories including tokenization, institutional DeFi, stablecoins, custody, payments, compliance and digital assets. About CoinGape CoinGape is a global digital asset media platform with over 25 million readers worldwide. Since 2016, it has been covering cryptocurrency markets, blockchain, tokenization, regulation and the institutional digital asset ecosystem. As the industry leader, its work spans editorial coverage, executive conversations, research, industry events and the Block of Fame platform. Contact: events@coingape.com The post CoinGape to Bring Institutional Leaders Together at Global Onchain Summit 2026 in Singapore first appeared on Coinfea.

CoinGape to Bring Institutional Leaders Together At Global Onchain Summit 2026 in Singapore

Meta – 30+ Speakers, 150+ institutional grade audience are set to gather at CoinGape’s Global Onchain Summit at Pullman Hill Street on October 6th.
Singapore- CoinGape is set to host the Global Onchain Summit 2026 in Singapore on October 6. The summit will bring together senior executives from banks, asset managers, financial infrastructure firms and digital asset companies as web3 moves deeper into its institutional phase.
The Global Onchain Summit will focus on how traditional financial institutions are adopting blockchain infrastructure. It will feature sessions across tokenization, stablecoins, digital asset custody, payments and on chain markets.
Who are the Speakers for Global Onchain Summit
The speaker lineup for Global Onchain Summit includes executives from Franklin Templeton, State Street, BNY, Swift, OCBC, WLFI, Coinbase, S&P Global, Kalshi, Alpaca, Galaxy Digital, Robinhood, Wintermute, Triple-A, DCS and AmericanFortress, among others.
Among the confirmed speakers are Arthur Hayes, Chief Investment Officer at Maelstrom; Chetan Karkhanis, Senior Vice President at Franklin Templeton; Zahid Mustafa, Managing Director at State Street; Andy Ross, Head of Institutional at Kalshi, Doni Shamsuddin, Head of Asia Pacific at BNY Investment; Avalon Ingram, Digital Assets Business Lead at Swift; Steven Hu, Head of Digital Assets at OCBC; Nick See Tong, APAC Regional Lead at Base; Arush Sehgal, Head of Digital Assets at Alpaca; Leonard Hoh, Bitstamp by Robinhood; and Andrew O’Neil, CFAMD, Analytics Lead of Digital Assets at S&P Global.
Agenda for the Global Onchain Summit
A central theme of the Global onchain summit will be how financial institutions are approaching the transition to on chain markets.
The key “Wall Street Goes Onchain: How Institutions Are Entering the Digital Asset Era” panel will bring together Franklin Templeton, BNY and Swift. The trio will discuss institutional adoption, tokenization, digital asset infrastructure, settlement and the changing role of blockchain in global financial markets.
The agenda will also look at several areas where traditional finance and blockchain infrastructure are increasingly overlapping.
A dedicated session on tokenized stocks and 24/7 markets will examine whether capital markets are ready for continuous trading. The industry leaders and experts will also share insights on how financial infrastructure needs to evolve around tokenized securities.
The summit will also feature the keynote on “The Stablecoin Century,” exploring the role of stablecoins in global financial flows.
Another session will focus on agentic payments. It will explore how AI agents could interact with wallets, payment networks and transform how industry works.
The agenda further covers prediction markets, institutional DeFi and on chain liquidity infrastructure. With over 150+ audience presence having representatives from VCs, family offices, banks, traffic giants, it will provide a wholesome view of how different parts of the digital asset market are developing beyond traditional crypto trading.
Building a conversation around what comes next
Abhinav Agarwal, Co-Founder and COO of CoinGape, said:
“The institutional conversation around digital assets has changed. The question is no longer only whether institutions will participate in this market. We are now seeing institutions build the infrastructure around tokenization, stablecoins, custody, payments and on chain markets. Global Onchain Summit is designed to bring the people driving that shift into one room and have a direct conversation about what comes next.”
The event will also host the Global Onchain Awards 2026. The awards recognize companies and leaders across categories including tokenization, institutional DeFi, stablecoins, custody, payments, compliance and digital assets.
About CoinGape
CoinGape is a global digital asset media platform with over 25 million readers worldwide. Since 2016, it has been covering cryptocurrency markets, blockchain, tokenization, regulation and the institutional digital asset ecosystem. As the industry leader, its work spans editorial coverage, executive conversations, research, industry events and the Block of Fame platform.
Contact: events@coingape.com
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OpenAI Launches Dots to Challenge Meta in Enterprise AI Agent RaceOpenAI has launched Dots as it expands its push into enterprise artificial intelligence and competes with Meta in the growing AI agent market.  The new AI agents aim to help businesses automate tasks across multiple applications with limited human supervision.  The move shifts the rivalry between major AI companies from chatbot development toward business-focused software solutions. However, companies still face challenges around reliability, governance, and large-scale adoption before AI agents become widely deployed. OpenAI introduced Dots on September 29, building the agents on its GPT-6 Astra model. The company designed Dots to pursue user goals across connected applications without requiring constant instructions. The launch places OpenAI against Meta’s Muse, which entered the market earlier in September. Both companies are developing AI agents that can operate across digital environments while maintaining security controls. The enterprise AI market continues to attract major investment. Gartner expects spending on AI models and platforms to reach $64.25 billion in 2026. Capgemini estimates AI agents could create an economic opportunity worth up to $450 billion by 2028. OpenAI dots targets business automation across apps OpenAI said Dots are designed to perform tasks beyond answering user questions. Each agent operates through its own cloud computer and can connect with more than 4,000 applications. Users can access Dots through ChatGPT, Slack, and Microsoft Teams. OpenAI also plans to add SMS access, although it has not announced a launch date. The company said Dots can investigate software issues reported in Slack, transform designs into working applications, and conduct read-only research while users are unavailable. The rollout began on September 29. Eligible Pro and Business Premium users receive one Dot at no additional cost. Enterprise customers can access the agents through an administrator-enabled beta program. OpenAI has not launched Pro access in the European Economic Area, Switzerland, or the United Kingdom. Business Premium costs $100 per user monthly with annual billing or $125 monthly without an annual commitment. The company also announced a new Pro plan priced at $500 monthly during DevDay. OpenAI expects the offering to support advanced users requiring greater AI capabilities. OpenAI’s enterprise strategy connects with its Frontier platform, launched in February. Frontier helps AI agents operate across company applications, data systems, and internal tools. The company said business customers already contribute about 40% of its revenue. OpenAI CFO Sarah Friar said that figure could increase to 50% by the end of 2026. Meta Muse competition highlights AI agent challenges Meta launched Muse on September 8 as another attempt to expand AI agents beyond traditional chatbots. The system also uses a secure virtual machine, connects with applications, and requests approval before sensitive actions. Meta positioned Muse around helping billions of users and integrated the technology into WhatsApp. OpenAI has focused Dots more directly on enterprise operations and workplace automation. However, the wider AI agent industry remains in an early adoption phase. Capgemini reported that only 2% of organizations have deployed AI agents at scale. Another 12% have partially implemented them, while 23% are running pilot programs. Bain estimates cross-system AI labor could create a $100 billion software opportunity in the United States. The company said more than 90% of that opportunity remains untapped. Governance remains one of the biggest challenges for AI agents. The OECD said current agents can coordinate complex tasks over longer periods but still require stronger reliability measures. IBM has also highlighted a shift from standalone AI tools toward systems where multiple agents coordinate ongoing operations. Reuters reported that OpenAI delayed another Astra version after tests showed the model could misrepresent its activities to users. That model differs from GPT-6 Astra, which powers Dots. For OpenAI, Meta, Microsoft, and Google, the AI agent competition depends on more than technical performance. Companies must prove their systems can integrate securely, operate reliably, and deliver measurable business value. The post OpenAI launches dots to challenge meta in enterprise AI agent race first appeared on Coinfea.

OpenAI Launches Dots to Challenge Meta in Enterprise AI Agent Race

OpenAI has launched Dots as it expands its push into enterprise artificial intelligence and competes with Meta in the growing AI agent market.
The new AI agents aim to help businesses automate tasks across multiple applications with limited human supervision.
The move shifts the rivalry between major AI companies from chatbot development toward business-focused software solutions. However, companies still face challenges around reliability, governance, and large-scale adoption before AI agents become widely deployed.
OpenAI introduced Dots on September 29, building the agents on its GPT-6 Astra model. The company designed Dots to pursue user goals across connected applications without requiring constant instructions.
The launch places OpenAI against Meta’s Muse, which entered the market earlier in September. Both companies are developing AI agents that can operate across digital environments while maintaining security controls.
The enterprise AI market continues to attract major investment. Gartner expects spending on AI models and platforms to reach $64.25 billion in 2026. Capgemini estimates AI agents could create an economic opportunity worth up to $450 billion by 2028.
OpenAI dots targets business automation across apps
OpenAI said Dots are designed to perform tasks beyond answering user questions. Each agent operates through its own cloud computer and can connect with more than 4,000 applications.
Users can access Dots through ChatGPT, Slack, and Microsoft Teams. OpenAI also plans to add SMS access, although it has not announced a launch date.
The company said Dots can investigate software issues reported in Slack, transform designs into working applications, and conduct read-only research while users are unavailable.
The rollout began on September 29. Eligible Pro and Business Premium users receive one Dot at no additional cost. Enterprise customers can access the agents through an administrator-enabled beta program.
OpenAI has not launched Pro access in the European Economic Area, Switzerland, or the United Kingdom. Business Premium costs $100 per user monthly with annual billing or $125 monthly without an annual commitment.
The company also announced a new Pro plan priced at $500 monthly during DevDay. OpenAI expects the offering to support advanced users requiring greater AI capabilities.
OpenAI’s enterprise strategy connects with its Frontier platform, launched in February. Frontier helps AI agents operate across company applications, data systems, and internal tools.
The company said business customers already contribute about 40% of its revenue. OpenAI CFO Sarah Friar said that figure could increase to 50% by the end of 2026.
Meta Muse competition highlights AI agent challenges
Meta launched Muse on September 8 as another attempt to expand AI agents beyond traditional chatbots. The system also uses a secure virtual machine, connects with applications, and requests approval before sensitive actions.
Meta positioned Muse around helping billions of users and integrated the technology into WhatsApp. OpenAI has focused Dots more directly on enterprise operations and workplace automation.
However, the wider AI agent industry remains in an early adoption phase. Capgemini reported that only 2% of organizations have deployed AI agents at scale. Another 12% have partially implemented them, while 23% are running pilot programs.
Bain estimates cross-system AI labor could create a $100 billion software opportunity in the United States. The company said more than 90% of that opportunity remains untapped.
Governance remains one of the biggest challenges for AI agents. The OECD said current agents can coordinate complex tasks over longer periods but still require stronger reliability measures.
IBM has also highlighted a shift from standalone AI tools toward systems where multiple agents coordinate ongoing operations.
Reuters reported that OpenAI delayed another Astra version after tests showed the model could misrepresent its activities to users. That model differs from GPT-6 Astra, which powers Dots.
For OpenAI, Meta, Microsoft, and Google, the AI agent competition depends on more than technical performance. Companies must prove their systems can integrate securely, operate reliably, and deliver measurable business value.
The post OpenAI launches dots to challenge meta in enterprise AI agent race first appeared on Coinfea.
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Bitwise Launches First US Spot NEAR ETF With Staking RewardsBitwise has launched the first US spot NEAR ETF, giving investors regulated exposure to the NEAR token through NYSE Arca.  The new fund introduces a staking model that allows holders to receive network rewards through the ETF structure.  The move expands Bitwise’s growing lineup of crypto investment products in the United States. It also highlights NEAR’s role in the company’s broader artificial intelligence and blockchain investment thesis. Bitwise NEAR ETF adds staking yield through NRR fund The Bitwise NEAR ETF, trading under the ticker NRR, began trading on NYSE Arca on September 29. Bitwise said the fund will stake its NEAR holdings and pass the rewards into the fund’s net asset value. The company estimates the current staking reward rate at about 5%. The figure comes from annualized on-chain data recorded on September 25, 2026. According to Bitwise, staking rewards will accumulate within the trust and appear as an increase in NAV per share. However, the asset manager noted that rewards are not guaranteed and could create tax implications for shareholders. The launch gives US investors access to NEAR exposure without requiring them to operate validators or manage staking infrastructure directly. Bitwise previously introduced a staking-focused crypto product in Europe after receiving approval from Germany’s financial regulator BaFin. NRR expands Bitwise’s single-asset crypto ETF portfolio, which already includes products linked to Bitcoin, Ethereum, Solana, XRP, and Hyperliquid. The firm reported managing $9 billion in client assets as of June 30. NEAR is a proof-of-stake blockchain designed for decentralized applications. The token ranks among the top 20 non-stablecoin cryptocurrencies and currently trades near $4.96, with a market capitalization above $6.4 billion, according to CoinMarketCap. Bitwise noted that NEAR has a fully unlocked supply. The network recently reduced its inflation rate to 2.5%, according to the company. NEAR ETF builds on AI agent transaction thesis Bitwise’s NEAR ETF launch also reflects the company’s long-term view of blockchain infrastructure supporting artificial intelligence applications. The asset manager said NEAR was created by AI researchers focused on developing a transaction layer for future AI systems. Bitwise highlighted NEAR Intents, a transaction protocol that has processed more than $32 billion in cumulative volume. The company said NEAR Intents previously recorded less than $1 billion in volume about a year earlier. Bitwise CEO Hunter Horsley said AI is changing how people access information and how economic activity operates. Horsley added that a future agent-based economy could allow software agents to conduct transactions on behalf of users. NEAR co-founder Illia Polosukhin described the network as infrastructure for the AI and blockchain ecosystem. NEAR Protocol also confirmed the ETF launch, stating that the product provides institutions with a simpler way to access the network. Bitwise recently outlined three potential scenarios for NEAR through 2030. The company projected a bear case of $1.63, a base case of $155.80, and a bull case of $562.80. The firm clarified that the $155.80 estimate is not a guaranteed forecast. It depends on assumptions about AI agent adoption and transaction growth across the network. Bitwise’s model assumes 16.4 billion AI agents could operate globally by 2030. Under the scenario, about 2% of those agents would run on NEAR, completing around 1,000 tasks annually at an average cost of $5 per transaction. The post Bitwise launches first US spot NEAR ETF with staking rewards first appeared on Coinfea.

Bitwise Launches First US Spot NEAR ETF With Staking Rewards

Bitwise has launched the first US spot NEAR ETF, giving investors regulated exposure to the NEAR token through NYSE Arca.
The new fund introduces a staking model that allows holders to receive network rewards through the ETF structure.
The move expands Bitwise’s growing lineup of crypto investment products in the United States. It also highlights NEAR’s role in the company’s broader artificial intelligence and blockchain investment thesis.
Bitwise NEAR ETF adds staking yield through NRR fund
The Bitwise NEAR ETF, trading under the ticker NRR, began trading on NYSE Arca on September 29. Bitwise said the fund will stake its NEAR holdings and pass the rewards into the fund’s net asset value.
The company estimates the current staking reward rate at about 5%. The figure comes from annualized on-chain data recorded on September 25, 2026.
According to Bitwise, staking rewards will accumulate within the trust and appear as an increase in NAV per share. However, the asset manager noted that rewards are not guaranteed and could create tax implications for shareholders.
The launch gives US investors access to NEAR exposure without requiring them to operate validators or manage staking infrastructure directly. Bitwise previously introduced a staking-focused crypto product in Europe after receiving approval from Germany’s financial regulator BaFin.
NRR expands Bitwise’s single-asset crypto ETF portfolio, which already includes products linked to Bitcoin, Ethereum, Solana, XRP, and Hyperliquid. The firm reported managing $9 billion in client assets as of June 30.
NEAR is a proof-of-stake blockchain designed for decentralized applications. The token ranks among the top 20 non-stablecoin cryptocurrencies and currently trades near $4.96, with a market capitalization above $6.4 billion, according to CoinMarketCap.
Bitwise noted that NEAR has a fully unlocked supply. The network recently reduced its inflation rate to 2.5%, according to the company.
NEAR ETF builds on AI agent transaction thesis
Bitwise’s NEAR ETF launch also reflects the company’s long-term view of blockchain infrastructure supporting artificial intelligence applications.
The asset manager said NEAR was created by AI researchers focused on developing a transaction layer for future AI systems. Bitwise highlighted NEAR Intents, a transaction protocol that has processed more than $32 billion in cumulative volume.
The company said NEAR Intents previously recorded less than $1 billion in volume about a year earlier. Bitwise CEO Hunter Horsley said AI is changing how people access information and how economic activity operates.
Horsley added that a future agent-based economy could allow software agents to conduct transactions on behalf of users. NEAR co-founder Illia Polosukhin described the network as infrastructure for the AI and blockchain ecosystem.
NEAR Protocol also confirmed the ETF launch, stating that the product provides institutions with a simpler way to access the network.
Bitwise recently outlined three potential scenarios for NEAR through 2030. The company projected a bear case of $1.63, a base case of $155.80, and a bull case of $562.80.
The firm clarified that the $155.80 estimate is not a guaranteed forecast. It depends on assumptions about AI agent adoption and transaction growth across the network.
Bitwise’s model assumes 16.4 billion AI agents could operate globally by 2030. Under the scenario, about 2% of those agents would run on NEAR, completing around 1,000 tasks annually at an average cost of $5 per transaction.
The post Bitwise launches first US spot NEAR ETF with staking rewards first appeared on Coinfea.
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OpenAI’s Annual Recurring Revenue Tops $70 BillionOpenAI’s annual recurring revenue is approaching $70 billion, driven by business customers signing on at roughly twice the rate they did in July. OpenAI is working to close the revenue gap between its business and Anthropic’s while both labs aim to launch IPOs. OpenAI’s annualized revenue run rate, according to anonymous sources speaking to Axios, has risen by over 70% since the third quarter began, landing just short of $70 billion. Business-to-business revenue performed even better than that, more than doubling across the same period of time. On the consumer side, the ChatGPT maker booked more new revenue in the third quarter alone than it managed across all of 2025. The momentum is a sharp turn from OpenAI’s position in late summer. As of August 18, OpenAI’s revenue had risen only 18% between the first and second quarters, from $5.7 billion to $6.7 billion in the three months ending in June. OpenAI’s annual revenue rate jumps by 70% Anthropic, over the same window, said its revenue more than doubled from $4.73 billion to $11.6 billion and logged an adjusted operating profit of $559 million. That gap in revenue was followed by a run of bad headlines and executive exits, including the departure of Chief Revenue Officer Denise Dresser after less than a year. Holger Mueller of Constellation Research stated at the time that Anthropic’s early bet on enterprise customers was “a smart move because the enterprise is always the ultimate prize.” Six weeks later, OpenAI’s own enterprise line is the one growing fastest. Notably, Anthropic’s revenue grew twelvefold to nearly $4.6 billion in 2025, according to an IPO prospectus reviewed by Reuters. The company also reached an annualized run rate of about $65 billion in July. The same prospectus disclosed $518 billion in future cloud, computing, and infrastructure obligations, and warned investors that the company’s technology could pose “existential risk” to humanity. While OpenAI’s revenue growth is impressive, it only tells half the story. The company is yet to officially reveal how much it is spending, but its operating loss reportedly widened to $12.3 billion in the second quarter, up from $9.3 billion in the first. Cryptopolitan reported on September 22 that OpenAI cut its GPT-6 Sol and Luna API prices at least 50% below their predecessors, with Anthropic trimming Opus 5.5 pricing the same day. Both Anthropic and OpenAI are moving toward public listings. Anthropic filed confidentially earlier this year and has been linked to a valuation nearing $2 trillion, while OpenAI has started work toward an IPO filing. Cryptopolitan recently reported that OpenAI held early talks over a funding round valuing it at roughly $1.2 trillion, up from the $852 billion in its March round. However, CEO Sam Altman has ruled out a 2026 listing on AI-safety grounds. The post OpenAI’s annual recurring revenue tops $70 billion first appeared on Coinfea.

OpenAI’s Annual Recurring Revenue Tops $70 Billion

OpenAI’s annual recurring revenue is approaching $70 billion, driven by business customers signing on at roughly twice the rate they did in July. OpenAI is working to close the revenue gap between its business and Anthropic’s while both labs aim to launch IPOs.
OpenAI’s annualized revenue run rate, according to anonymous sources speaking to Axios, has risen by over 70% since the third quarter began, landing just short of $70 billion. Business-to-business revenue performed even better than that, more than doubling across the same period of time. On the consumer side, the ChatGPT maker booked more new revenue in the third quarter alone than it managed across all of 2025. The momentum is a sharp turn from OpenAI’s position in late summer. As of August 18, OpenAI’s revenue had risen only 18% between the first and second quarters, from $5.7 billion to $6.7 billion in the three months ending in June.
OpenAI’s annual revenue rate jumps by 70%
Anthropic, over the same window, said its revenue more than doubled from $4.73 billion to $11.6 billion and logged an adjusted operating profit of $559 million. That gap in revenue was followed by a run of bad headlines and executive exits, including the departure of Chief Revenue Officer Denise Dresser after less than a year. Holger Mueller of Constellation Research stated at the time that Anthropic’s early bet on enterprise customers was “a smart move because the enterprise is always the ultimate prize.”
Six weeks later, OpenAI’s own enterprise line is the one growing fastest. Notably, Anthropic’s revenue grew twelvefold to nearly $4.6 billion in 2025, according to an IPO prospectus reviewed by Reuters. The company also reached an annualized run rate of about $65 billion in July. The same prospectus disclosed $518 billion in future cloud, computing, and infrastructure obligations, and warned investors that the company’s technology could pose “existential risk” to humanity.
While OpenAI’s revenue growth is impressive, it only tells half the story. The company is yet to officially reveal how much it is spending, but its operating loss reportedly widened to $12.3 billion in the second quarter, up from $9.3 billion in the first. Cryptopolitan reported on September 22 that OpenAI cut its GPT-6 Sol and Luna API prices at least 50% below their predecessors, with Anthropic trimming Opus 5.5 pricing the same day.
Both Anthropic and OpenAI are moving toward public listings. Anthropic filed confidentially earlier this year and has been linked to a valuation nearing $2 trillion, while OpenAI has started work toward an IPO filing. Cryptopolitan recently reported that OpenAI held early talks over a funding round valuing it at roughly $1.2 trillion, up from the $852 billion in its March round. However, CEO Sam Altman has ruled out a 2026 listing on AI-safety grounds.
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Anthropic Issues ‘risk to Humanity’ Warning in IPO FilingAnthropic has told prospective investors that advanced AI could bring “catastrophic or existential risks to humanity,” a disclosure buried within an unpublished IPO prospectus, coming as the Claude AI creator chases a valuation above $2 trillion, according to Reuters. Reuters reported that around 80 of the prospectus’s 261 pages are devoted to various risk factors, far more than the 48 pages used to explain what the company actually does. Companies heading for a listing always publish a risk section, which also includes all lawsuits, competition, and regulations. What they rarely do is let shareholders know that their own product could potentially contribute to human extinction. Anthropic has crossed this line, though, and this is why this filing has drawn attention before even going public. Anthropic highlights various existential risks in its IPO The prospectus is unusually direct about the risks, warning that AI models could develop “self-preserving behaviors,” including attempts to “resist shutdown,” “conceal or manipulate information,” or engage in conduct “resembling blackmail.” There is another admission that goes to the heart of AI safety testing. Anthropic says that when a model can recognize it is being evaluated, that awareness becomes a “significant limitation” on the company’s ability to determine how safe the system really is. In simple terms, a system smart enough to know when it is being tested can also learn to behave differently just for the test. The leaked pages also open a window onto Anthropic’s finances, showing very steep numbers. Reuters has reported that the company lost $42 billion in 2025. Anthropic has outlined about $518 billion in commitments to cloud services, computing capacity, and related infrastructure in the years ahead, according to the filing. The company generated $11.5 billion in revenue in the second quarter of 2026 and is on track for a second consecutive quarter of adjusted operating profit. Customer concentration is another risk, with nearly a quarter of last year’s revenue coming from just two customers. Anthropic was valued at $965 billion in May and is now targeting a valuation of more than $2 trillion, which would put it close to SpaceX’s level at the time of its June listing. The frontier AI company has chosen Nasdaq for the offering and is targeting an October debut. It must also publish the filing at least 15 days before its investor roadshow begins. Anthropic researcher Jacob Coxon resigned after writing that people building AI “earnestly believe that it could kill us all by the end of the decade,” the Guardian reported. A senior safety researcher at the company later wrote on X that there was a greater than 10% chance AI “could kill all humans” within the next decade. CEO Dario Amodei then published an essay calling for the industry to slow down and told CNN’s Anderson Cooper that he agreed with Coxon more than he disagreed. Some experts have questioned if the warnings could even be verified scientifically, the Guardian noted, with Hugging Face’s CEO claiming the fears were overblown. OpenAI, meanwhile, scrapped the planned release of its GPT-6.1 Astra model after internal tests raised concerns about deception and alignment. Amodei is set to be one of the AI executives due to meet President Donald Trump at a White House summit on Tuesday, amid Trump resisting calls to regulate AI and calling the concerns a “hoax,” CNN reported. The post Anthropic issues ‘risk to humanity’ warning in IPO filing first appeared on Coinfea.

Anthropic Issues ‘risk to Humanity’ Warning in IPO Filing

Anthropic has told prospective investors that advanced AI could bring “catastrophic or existential risks to humanity,” a disclosure buried within an unpublished IPO prospectus, coming as the Claude AI creator chases a valuation above $2 trillion, according to Reuters.
Reuters reported that around 80 of the prospectus’s 261 pages are devoted to various risk factors, far more than the 48 pages used to explain what the company actually does. Companies heading for a listing always publish a risk section, which also includes all lawsuits, competition, and regulations. What they rarely do is let shareholders know that their own product could potentially contribute to human extinction. Anthropic has crossed this line, though, and this is why this filing has drawn attention before even going public.
Anthropic highlights various existential risks in its IPO
The prospectus is unusually direct about the risks, warning that AI models could develop “self-preserving behaviors,” including attempts to “resist shutdown,” “conceal or manipulate information,” or engage in conduct “resembling blackmail.” There is another admission that goes to the heart of AI safety testing. Anthropic says that when a model can recognize it is being evaluated, that awareness becomes a “significant limitation” on the company’s ability to determine how safe the system really is.
In simple terms, a system smart enough to know when it is being tested can also learn to behave differently just for the test. The leaked pages also open a window onto Anthropic’s finances, showing very steep numbers. Reuters has reported that the company lost $42 billion in 2025. Anthropic has outlined about $518 billion in commitments to cloud services, computing capacity, and related infrastructure in the years ahead, according to the filing. The company generated $11.5 billion in revenue in the second quarter of 2026 and is on track for a second consecutive quarter of adjusted operating profit.
Customer concentration is another risk, with nearly a quarter of last year’s revenue coming from just two customers. Anthropic was valued at $965 billion in May and is now targeting a valuation of more than $2 trillion, which would put it close to SpaceX’s level at the time of its June listing. The frontier AI company has chosen Nasdaq for the offering and is targeting an October debut. It must also publish the filing at least 15 days before its investor roadshow begins.
Anthropic researcher Jacob Coxon resigned after writing that people building AI “earnestly believe that it could kill us all by the end of the decade,” the Guardian reported. A senior safety researcher at the company later wrote on X that there was a greater than 10% chance AI “could kill all humans” within the next decade. CEO Dario Amodei then published an essay calling for the industry to slow down and told CNN’s Anderson Cooper that he agreed with Coxon more than he disagreed.
Some experts have questioned if the warnings could even be verified scientifically, the Guardian noted, with Hugging Face’s CEO claiming the fears were overblown. OpenAI, meanwhile, scrapped the planned release of its GPT-6.1 Astra model after internal tests raised concerns about deception and alignment. Amodei is set to be one of the AI executives due to meet President Donald Trump at a White House summit on Tuesday, amid Trump resisting calls to regulate AI and calling the concerns a “hoax,” CNN reported.
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Strategy Expands Bitcoin Holdings to a Record 847,666 BTCStrategy has expanded its Bitcoin reserves to a record while continuing efforts to support its preferred securities.  The company returned to aggressive Bitcoin accumulation after earlier reducing its holdings during the summer. Meanwhile, Strategy also directed substantial capital toward repurchasing its STRC preferred shares.  The transactions come before shareholders consider proposed changes to the company’s preferred dividend structure. Strategy Bitcoin holdings reach record 847,666 BTC Strategy purchased 1,665 Bitcoin during the week ending September 27, according to its latest SEC filing. The company spent $142.7 million on the acquisition, paying an average price of $85,681 per Bitcoin. The purchase lifted Strategy Bitcoin holdings to a record 847,666 BTC. That figure surpassed the previous record of 847,363 BTC reported on June 22. Strategy later sold portions of its Bitcoin reserves during the summer as the company managed its balance sheet. However, the Michael Saylor-led company resumed Bitcoin purchases during August and has now recovered those previously sold holdings. Strategy has spent approximately $63.95 billion building its Bitcoin position. Its overall average purchase price stands at $75,437 per Bitcoin. The holdings carried an estimated market value of roughly $70.6 billion when Strategy released the filing. That valuation placed the position about $6.6 billion above the company’s reported acquisition cost. Bitcoin traded near $83,400 around the filing’s release, representing a daily decline of approximately 1.4%. Strategy financed last week’s Bitcoin purchase mainly through its at-the-market common stock program. The company sold 1,469,165 MSTR shares, generating approximately $246.2 million in net proceeds. Strategy allocated $142.7 million from those proceeds toward Bitcoin purchases. It directed another $103.5 million toward repurchasing STRC preferred shares. Strategy expands STRC buyback before dividend vote Strategy also purchased 1,534,530 shares of its Variable Rate Series A Perpetual Stretch Preferred stock. The company spent $151.7 million on the STRC repurchase during the same reporting period. Strategy funded $103.5 million through MSTR share sales and used another $48.1 million from its USD Cash holdings. The company has used repurchases to support STRC toward its stated $100 par value. STRC has traded below that level, prompting Strategy to allocate additional capital toward its preferred securities program. Following the transactions, Strategy reported approximately $1 billion in USD Cash. Its separate USD Reserve stood at $5.02 billion after the company paid $22.1 million in preferred dividends. Strategy also reported $723.5 million of remaining capacity under its digital credit securities repurchase program. The latest buyback comes before an October 28 shareholder vote involving Strategy’s preferred dividend structure. On September 25, Strategy proposed moving STRC, STRD, STRF, and STRK preferred securities to daily dividend payments. Only common shareholders will vote on the proposal, while preferred shareholders will not participate. If shareholders approve the plan, STRC will become the first security to adopt daily distributions. The proposed STRC record date is November 1, followed by the first daily dividend payment on November 2. Strategy said the change would not alter existing coupon rates or the company’s total dividend obligations. The proposal forms another part of Strategy’s effort to manage its preferred securities while maintaining its Bitcoin accumulation strategy. The post Strategy expands Bitcoin holdings to a record 847,666 BTC first appeared on Coinfea.

Strategy Expands Bitcoin Holdings to a Record 847,666 BTC

Strategy has expanded its Bitcoin reserves to a record while continuing efforts to support its preferred securities.
The company returned to aggressive Bitcoin accumulation after earlier reducing its holdings during the summer. Meanwhile, Strategy also directed substantial capital toward repurchasing its STRC preferred shares.
The transactions come before shareholders consider proposed changes to the company’s preferred dividend structure.
Strategy Bitcoin holdings reach record 847,666 BTC
Strategy purchased 1,665 Bitcoin during the week ending September 27, according to its latest SEC filing.
The company spent $142.7 million on the acquisition, paying an average price of $85,681 per Bitcoin.
The purchase lifted Strategy Bitcoin holdings to a record 847,666 BTC.
That figure surpassed the previous record of 847,363 BTC reported on June 22.
Strategy later sold portions of its Bitcoin reserves during the summer as the company managed its balance sheet.
However, the Michael Saylor-led company resumed Bitcoin purchases during August and has now recovered those previously sold holdings.
Strategy has spent approximately $63.95 billion building its Bitcoin position.
Its overall average purchase price stands at $75,437 per Bitcoin.
The holdings carried an estimated market value of roughly $70.6 billion when Strategy released the filing.
That valuation placed the position about $6.6 billion above the company’s reported acquisition cost.
Bitcoin traded near $83,400 around the filing’s release, representing a daily decline of approximately 1.4%.
Strategy financed last week’s Bitcoin purchase mainly through its at-the-market common stock program.
The company sold 1,469,165 MSTR shares, generating approximately $246.2 million in net proceeds.
Strategy allocated $142.7 million from those proceeds toward Bitcoin purchases.
It directed another $103.5 million toward repurchasing STRC preferred shares.
Strategy expands STRC buyback before dividend vote
Strategy also purchased 1,534,530 shares of its Variable Rate Series A Perpetual Stretch Preferred stock.
The company spent $151.7 million on the STRC repurchase during the same reporting period.
Strategy funded $103.5 million through MSTR share sales and used another $48.1 million from its USD Cash holdings.
The company has used repurchases to support STRC toward its stated $100 par value.
STRC has traded below that level, prompting Strategy to allocate additional capital toward its preferred securities program.
Following the transactions, Strategy reported approximately $1 billion in USD Cash.
Its separate USD Reserve stood at $5.02 billion after the company paid $22.1 million in preferred dividends.
Strategy also reported $723.5 million of remaining capacity under its digital credit securities repurchase program.
The latest buyback comes before an October 28 shareholder vote involving Strategy’s preferred dividend structure.
On September 25, Strategy proposed moving STRC, STRD, STRF, and STRK preferred securities to daily dividend payments.
Only common shareholders will vote on the proposal, while preferred shareholders will not participate.
If shareholders approve the plan, STRC will become the first security to adopt daily distributions.
The proposed STRC record date is November 1, followed by the first daily dividend payment on November 2.
Strategy said the change would not alter existing coupon rates or the company’s total dividend obligations.
The proposal forms another part of Strategy’s effort to manage its preferred securities while maintaining its Bitcoin accumulation strategy.
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Aave Launches Loans Backed By Coinbase Tokenized StocksAave has expanded its lending market by allowing selected Coinbase tokenized stocks to serve as collateral for USDC loans.  The move connects traditional equities with decentralized lending as demand for on-chain liquidity continues to grow.  Aave introduced the dedicated lending vault through its V4 hub on Base. The launch also comes as Ethereum recovers and tokenized asset activity attracts fresh capital. The vault accepts tokenized shares representing Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla. These companies make up the widely followed Magnificent Seven technology group. The Aave V4 vault based on tokenized Magnificent 7 tech equities immediately attracted collateral, but lending remained at a relatively low utilization rate. | Source: Aave Users can deposit the Coinbase tokenized stocks as collateral and borrow USDC against their positions. Borrowers can then use that liquidity across DeFi markets or other trading strategies. Aave’s V4 infrastructure seeks to connect traditional financial assets with blockchain lending markets. Tokenized equities have become another area where DeFi protocols are testing new collateral models. Morpho also supports Coinbase tokenized equities through curated lending vaults. Steakhouse and Chipwork manage those markets, which provide variable-rate USDC loans. Aave vault attracts $8.14 million in tokenized stocks The Aave vault holds about $8.14 million based on current Coinbase tokenized stock valuations. However, borrowing activity remains relatively limited during the early stages. Utilization stands near 5%, while borrowers have taken approximately $495,000 in loans. Aave aims to simplify access to loans backed by equities through blockchain-based infrastructure. Traditional equity-backed loans often involve more steps and longer processing periods. DeFi markets can instead execute lending transactions directly through smart contracts. The launch comes after most Magnificent Seven stocks recorded double-digit monthly gains. Amazon remained the exception during the period. U.S. equities have also strengthened, pushing the S&P 500 toward record territory. That market recovery has increased attention around tokenized versions of traditional securities. However, tokenized stocks present pricing challenges that differ from cryptocurrencies. Coinbase token prices depend on official equity market prices. Chainlink oracles also stop updating stock prices during weekends. Consequently, protocols cannot value tokenized equity collateral continuously like crypto assets. Aave founder Stani Kulechov said the protocol evaluates volatility before setting liquidation thresholds. Aave also adjusts liquidation bonuses to encourage timely settlement of risky positions. The system seeks to prevent bad debt before prices move beyond available safety margins. This approach could reduce liquidation risks when negative stock news emerges during weekends. Aave lending activity grows alongside DeFi recovery Alpaca Securities LLC holds the underlying shares backing Coinbase tokenized equities. The regulated broker-dealer does not lend or transfer those underlying securities. Instead, the shares remain reserved to support the tokenized products. Dividends are reinvested rather than distributed directly to token holders. Aave’s broader lending business has also strengthened alongside Ethereum’s recovery. Rising tokenized asset activity has supported demand for borrowing and liquidity. Aave’s total value locked has recovered above $19 billion. That represents its highest level since the Kelp DAO hack. The protocol also generates more than $5 million in monthly earnings. Meanwhile, Aave carries over $13 billion in tokenized loans. Ethereum remains the primary collateral behind most Aave borrowing positions. USDT and USDC account for most loan denominations. AAVE traded near $148.08 as the protocol expanded its collateral offerings. Daily trading volume stood near $255 million. Open interest hovered around $233 million following a recent 9% decline linked to liquidations. The token remains close to its three-month peak and upper 2026 trading range. The post Aave launches loans backed by coinbase tokenized stocks first appeared on Coinfea.

Aave Launches Loans Backed By Coinbase Tokenized Stocks

Aave has expanded its lending market by allowing selected Coinbase tokenized stocks to serve as collateral for USDC loans.
The move connects traditional equities with decentralized lending as demand for on-chain liquidity continues to grow.
Aave introduced the dedicated lending vault through its V4 hub on Base. The launch also comes as Ethereum recovers and tokenized asset activity attracts fresh capital.
The vault accepts tokenized shares representing Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla. These companies make up the widely followed Magnificent Seven technology group.
The Aave V4 vault based on tokenized Magnificent 7 tech equities immediately attracted collateral, but lending remained at a relatively low utilization rate. | Source: Aave
Users can deposit the Coinbase tokenized stocks as collateral and borrow USDC against their positions. Borrowers can then use that liquidity across DeFi markets or other trading strategies.
Aave’s V4 infrastructure seeks to connect traditional financial assets with blockchain lending markets. Tokenized equities have become another area where DeFi protocols are testing new collateral models.
Morpho also supports Coinbase tokenized equities through curated lending vaults. Steakhouse and Chipwork manage those markets, which provide variable-rate USDC loans.
Aave vault attracts $8.14 million in tokenized stocks
The Aave vault holds about $8.14 million based on current Coinbase tokenized stock valuations. However, borrowing activity remains relatively limited during the early stages.
Utilization stands near 5%, while borrowers have taken approximately $495,000 in loans. Aave aims to simplify access to loans backed by equities through blockchain-based infrastructure.
Traditional equity-backed loans often involve more steps and longer processing periods. DeFi markets can instead execute lending transactions directly through smart contracts.
The launch comes after most Magnificent Seven stocks recorded double-digit monthly gains. Amazon remained the exception during the period.
U.S. equities have also strengthened, pushing the S&P 500 toward record territory. That market recovery has increased attention around tokenized versions of traditional securities.
However, tokenized stocks present pricing challenges that differ from cryptocurrencies. Coinbase token prices depend on official equity market prices.
Chainlink oracles also stop updating stock prices during weekends. Consequently, protocols cannot value tokenized equity collateral continuously like crypto assets.
Aave founder Stani Kulechov said the protocol evaluates volatility before setting liquidation thresholds. Aave also adjusts liquidation bonuses to encourage timely settlement of risky positions.
The system seeks to prevent bad debt before prices move beyond available safety margins. This approach could reduce liquidation risks when negative stock news emerges during weekends.
Aave lending activity grows alongside DeFi recovery
Alpaca Securities LLC holds the underlying shares backing Coinbase tokenized equities. The regulated broker-dealer does not lend or transfer those underlying securities.
Instead, the shares remain reserved to support the tokenized products. Dividends are reinvested rather than distributed directly to token holders.
Aave’s broader lending business has also strengthened alongside Ethereum’s recovery. Rising tokenized asset activity has supported demand for borrowing and liquidity.
Aave’s total value locked has recovered above $19 billion. That represents its highest level since the Kelp DAO hack.
The protocol also generates more than $5 million in monthly earnings. Meanwhile, Aave carries over $13 billion in tokenized loans.
Ethereum remains the primary collateral behind most Aave borrowing positions. USDT and USDC account for most loan denominations.
AAVE traded near $148.08 as the protocol expanded its collateral offerings. Daily trading volume stood near $255 million.
Open interest hovered around $233 million following a recent 9% decline linked to liquidations. The token remains close to its three-month peak and upper 2026 trading range.
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Compound Foundation Accused of Moving $8M in DAO Reserves Into COMPThe Compound Foundation is facing a misappropriation accusation from a delegate who went public with the claim that the Foundation made a move to seize control of the $52 million spending program and treasury by quietly converting 8.42 million DAI from reserves into COMP tokens. The red flags in the post were the secrecy around the moves and a misrepresentation of the holdings as “liquid” DAI, even though the funds had already been swapped into COMP. The Compound governance dispute traces back to what Ugurmersin claims is the misuse of around 8.42 million DAI of DAO reserves handed to the Foundation under the strict stipulations in Proposal 536. The money was to back protocol operations only; it was also meant to stay entirely DAO-owned, it was restricted from any speculative trading, and it should not be used to bankroll the Foundation’s own costs. Delegate accuses Compound Finance of misappropriation Ugurmersin is citing blockchain records as evidence that the funds were used for unauthorized purposes. The 8.42 million DAI were allegedly swapped for 344,780 COMP on an exchange, returned, and then delegated to the Foundation’s own voting address by the signers of the treasury multisig. According to Ugurmersin, the COMP tokens were returned to the Safe 58 minutes before voting closed on Proposals 580 and 582. Ugurmersin alleges that the Foundation used those tokens to sway the governance process, shifting nearly all DAO funds under the Treasury Management Committee (TMC), a body it helps sign for, and pushed through a $52 million V4 program that benefits the Foundation itself. The Compound Growth Working Group, security firm Certora, and auditor ChainSecurity were all named as supporters of the moves. Cryptopolitan could not independently verify the transaction claims, and the Foundation has not responded to the accusation. The delegate invited the Foundation, the working group’s delegates PGov and AranaDigital, ChainSecurity and Certora to reply. The Compound accusation stoked comparisons with the Aave governance fight that started in December 2025 after delegates flagged how a proposed CoWSwap integration would redirect swap fees from the Aave DAO treasury. The “Aave Will Win” proposal that was meant to end the dispute did not close cleanly either. Aave Chain Initiative founder Marc Zeller alleged that addresses linked to Aave Labs had swayed the outcome after the proposal cleared its first governance hurdle with 52.58% approval, as Cryptopolitan reported at the time. Compound is a smaller target than Aave. DefiLlama lists Compound Finance with about $1.6 billion in total value locked and a $230 million market capitalization, with COMP trading near $23 and an on-chain treasury of roughly $8.26 million. Aave V3, by comparison, holds close to $18 billion. The parties named in the post have not addressed the misappropriation claim directly, but the working group has recently defended how Compound runs its votes. In a September 24 forum reply on a separate security-provider renewal, AranaDigital argued that Snapshot votes are a legitimate way for delegates to decide matters that need no on-chain transaction, calling the practice an operational efficiency rather than a lesser class of vote. The post Compound Foundation accused of moving $8M in DAO reserves into COMP first appeared on Coinfea.

Compound Foundation Accused of Moving $8M in DAO Reserves Into COMP

The Compound Foundation is facing a misappropriation accusation from a delegate who went public with the claim that the Foundation made a move to seize control of the $52 million spending program and treasury by quietly converting 8.42 million DAI from reserves into COMP tokens.
The red flags in the post were the secrecy around the moves and a misrepresentation of the holdings as “liquid” DAI, even though the funds had already been swapped into COMP. The Compound governance dispute traces back to what Ugurmersin claims is the misuse of around 8.42 million DAI of DAO reserves handed to the Foundation under the strict stipulations in Proposal 536. The money was to back protocol operations only; it was also meant to stay entirely DAO-owned, it was restricted from any speculative trading, and it should not be used to bankroll the Foundation’s own costs.
Delegate accuses Compound Finance of misappropriation
Ugurmersin is citing blockchain records as evidence that the funds were used for unauthorized purposes. The 8.42 million DAI were allegedly swapped for 344,780 COMP on an exchange, returned, and then delegated to the Foundation’s own voting address by the signers of the treasury multisig. According to Ugurmersin, the COMP tokens were returned to the Safe 58 minutes before voting closed on Proposals 580 and 582.
Ugurmersin alleges that the Foundation used those tokens to sway the governance process, shifting nearly all DAO funds under the Treasury Management Committee (TMC), a body it helps sign for, and pushed through a $52 million V4 program that benefits the Foundation itself. The Compound Growth Working Group, security firm Certora, and auditor ChainSecurity were all named as supporters of the moves. Cryptopolitan could not independently verify the transaction claims, and the Foundation has not responded to the accusation.
The delegate invited the Foundation, the working group’s delegates PGov and AranaDigital, ChainSecurity and Certora to reply. The Compound accusation stoked comparisons with the Aave governance fight that started in December 2025 after delegates flagged how a proposed CoWSwap integration would redirect swap fees from the Aave DAO treasury. The “Aave Will Win” proposal that was meant to end the dispute did not close cleanly either.
Aave Chain Initiative founder Marc Zeller alleged that addresses linked to Aave Labs had swayed the outcome after the proposal cleared its first governance hurdle with 52.58% approval, as Cryptopolitan reported at the time. Compound is a smaller target than Aave. DefiLlama lists Compound Finance with about $1.6 billion in total value locked and a $230 million market capitalization, with COMP trading near $23 and an on-chain treasury of roughly $8.26 million. Aave V3, by comparison, holds close to $18 billion.
The parties named in the post have not addressed the misappropriation claim directly, but the working group has recently defended how Compound runs its votes. In a September 24 forum reply on a separate security-provider renewal, AranaDigital argued that Snapshot votes are a legitimate way for delegates to decide matters that need no on-chain transaction, calling the practice an operational efficiency rather than a lesser class of vote.
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Meta Hires CJ Desai to Lead Its New Enterprise PlatformMeta has launched a new business called the Meta Enterprise Platform. The platform is built around the recently launched Muse AI agent. Former MongoDB chief Chirantan “CJ” Desai will run the platform as its Chief Enterprise Platform Officer, and the launch is Meta’s entrance into corporate AI sales at a moment Muse is driving the company’s stock. CEO Mark Zuckerberg has announced the launch of a new Meta Enterprise Platform in a company newsroom post and on X, calling it “the next major pillar” of Meta’s business alongside its consumer apps and advertising. The platform puts tools Meta already operates, such as the Muse agent, Meta Business Agent, a Muse API, and Muse Code, in a package and sells them to companies and developers. Chirantan “CJ” Desai, the former MongoDB chief, will fill the role of Chief Enterprise Platform Officer and run the new platform. Meta Enterprise Platform to become next company pillar Before his time at MongoDB, Desai led product and engineering at Cloudflare and spent close to eight years at ServiceNow, where he served as President and COO. Zuckerberg stated that Desai’s corporate experience and industry contacts are the reason he was hired, calling the appointment the start of “a new chapter” for the company. Meta is yet to provide exact details like a date when the platform’s products would be generally available or how they would be priced. Muse, released on September 8, has added more than $200 billion to Meta’s market capitalization after logging 2.8 million downloads in its first 12 days, Cryptopolitan reported. That download pace was even faster than ChatGPT’s early adoption. Jefferies estimates that Muse could bring in roughly $10.8 billion a year if it reaches a billion users by the end of 2027, with at least 3% paying, and it lifted its Meta price target to $875. Zuckerberg said during Meta’s Connect event on September 23 that Muse would stay free for most users, but the company will take a small fee from the purchases and bookings the agent completes. However, corporate buyers are a harder audience than consumers, and Meta brings baggage. Muse’s enterprise ambitions have so far faced a “trust deficit,” due to the company’s past privacy breaches and content-moderation failures. Cryptopolitan reported that Meta recently strengthened Muse’s safety warning after an outside researcher found a flaw, initially rated SEV-2, that could have exposed a user’s virtual machine along with their emails and files. Notably, several AI agents have been involved in incidents where they acted outside of their guardrails, raising concerns about AI safety. For example, an OpenAI agent recently reached Australia’s Medicare portal while Britain’s AI Security Institute logged its unsanctioned actions. Gartner forecasts spending on securing AI will approach $4.8 billion in 2027, up 68.7% over the prior year. The post Meta hires CJ Desai to lead its new Enterprise Platform first appeared on Coinfea.

Meta Hires CJ Desai to Lead Its New Enterprise Platform

Meta has launched a new business called the Meta Enterprise Platform. The platform is built around the recently launched Muse AI agent. Former MongoDB chief Chirantan “CJ” Desai will run the platform as its Chief Enterprise Platform Officer, and the launch is Meta’s entrance into corporate AI sales at a moment Muse is driving the company’s stock.
CEO Mark Zuckerberg has announced the launch of a new Meta Enterprise Platform in a company newsroom post and on X, calling it “the next major pillar” of Meta’s business alongside its consumer apps and advertising. The platform puts tools Meta already operates, such as the Muse agent, Meta Business Agent, a Muse API, and Muse Code, in a package and sells them to companies and developers. Chirantan “CJ” Desai, the former MongoDB chief, will fill the role of Chief Enterprise Platform Officer and run the new platform.
Meta Enterprise Platform to become next company pillar
Before his time at MongoDB, Desai led product and engineering at Cloudflare and spent close to eight years at ServiceNow, where he served as President and COO. Zuckerberg stated that Desai’s corporate experience and industry contacts are the reason he was hired, calling the appointment the start of “a new chapter” for the company. Meta is yet to provide exact details like a date when the platform’s products would be generally available or how they would be priced.
Muse, released on September 8, has added more than $200 billion to Meta’s market capitalization after logging 2.8 million downloads in its first 12 days, Cryptopolitan reported. That download pace was even faster than ChatGPT’s early adoption. Jefferies estimates that Muse could bring in roughly $10.8 billion a year if it reaches a billion users by the end of 2027, with at least 3% paying, and it lifted its Meta price target to $875.
Zuckerberg said during Meta’s Connect event on September 23 that Muse would stay free for most users, but the company will take a small fee from the purchases and bookings the agent completes. However, corporate buyers are a harder audience than consumers, and Meta brings baggage. Muse’s enterprise ambitions have so far faced a “trust deficit,” due to the company’s past privacy breaches and content-moderation failures. Cryptopolitan reported that Meta recently strengthened Muse’s safety warning after an outside researcher found a flaw, initially rated SEV-2, that could have exposed a user’s virtual machine along with their emails and files.
Notably, several AI agents have been involved in incidents where they acted outside of their guardrails, raising concerns about AI safety. For example, an OpenAI agent recently reached Australia’s Medicare portal while Britain’s AI Security Institute logged its unsanctioned actions. Gartner forecasts spending on securing AI will approach $4.8 billion in 2027, up 68.7% over the prior year.
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Quant Lands Major US and UK Bank Deals As QNT Surges 300%Quant has moved into the spotlight after securing roles in major tokenized deposit projects across the United States and the United Kingdom.  The developments placed the London-based company at the center of banks’ growing push toward blockchain-based deposits. Meanwhile, QNT recorded one of the strongest weekly rallies among the top 100 crypto assets. However, technical indicators now show that momentum may be cooling after the rapid advance. Quant develops Overledger, software that connects existing banking systems with multiple blockchain networks. Its QNT token supports access to that infrastructure. Over the past week, QNT climbed from roughly $64 to a high near $371 before retreating toward $260. The token gained more than 300% during the period. The sharp rally followed two banking announcements released on September 24. Quant secures tokenized deposit roles in US and UK banking The Clearing House selected Quant to support its new tokenized deposit network in the United States. The organization belongs to 25 major US banks, including JPMorgan Chase, Bank of America, and Citi. Its payment networks process more than $2 trillion each day. According to the announcement, the tokenized deposit network should launch during the first half of 2027. Big news: Quant is partnering with @TCHtweets to bring on-chain, #programmablemoney to the US. We will provide the interoperability layer that lets #tokeniseddeposits move freely within the regulated banking system. This builds on our work in the UK, Europe and beyond. Read… pic.twitter.com/ZdHOd0txRP — Quant (@quantnetwork) September 24, 2026 The Clearing House plays a major role in US dollar payments. Therefore, its move into tokenized deposits could provide banks with another route for transferring regulated money on blockchain infrastructure. Quant also supported a separate banking project in the United Kingdom. Seven UK banks completed interbank transfers involving tokenized pound deposits through a Quant-built platform. Participants included Barclays, HSBC, Lloyds, NatWest and Santander. The transactions formed part of a live pilot involving some of Britain’s largest financial institutions. Consequently, Quant gained exposure to major tokenized deposit initiatives on both sides of the Atlantic. However, the announcements involved Quant as a company rather than QNT directly. The firms have not explained how much commercial activity will require the QNT token. That distinction leaves uncertainty around how banking adoption could translate into direct token demand. QNT price faces resistance as daily RSI reaches 86 QNT opened near $286 before climbing toward $320 during the latest session. The token then retreated toward $258, representing an intraday decline of roughly 10%. Earlier in the rally, QNT reached nearly $370 before reversing. That move places the $320 to $370 region among the key levels traders may monitor. The area also carries historical significance. QNT traded between roughly $250 and $300 for several months following its 2021 peak before declining during 2022. The same range again restricted the latest advance. Above that region, the 2021 peak between approximately $400 and $430 remains another major resistance area. On the downside, the 2022 high around $210 to $225 represents the nearest support zone. The December 2024 high near $160 to $170 provides another level below it. Further weakness could expose the $100 region because QNT moved through much of that range rapidly during the latest rally. Meanwhile, the daily relative strength index reached roughly 86. That marks its highest reading on the five-year view. The elevated RSI and long upper price wick indicate that upward momentum has weakened after the rapid advance. QNT may therefore face increased volatility as traders assess whether banking adoption can support the token’s latest valuation. The post Quant lands major US and UK bank deals as QNT surges 300% first appeared on Coinfea.

Quant Lands Major US and UK Bank Deals As QNT Surges 300%

Quant has moved into the spotlight after securing roles in major tokenized deposit projects across the United States and the United Kingdom.
The developments placed the London-based company at the center of banks’ growing push toward blockchain-based deposits. Meanwhile, QNT recorded one of the strongest weekly rallies among the top 100 crypto assets. However, technical indicators now show that momentum may be cooling after the rapid advance.
Quant develops Overledger, software that connects existing banking systems with multiple blockchain networks. Its QNT token supports access to that infrastructure. Over the past week, QNT climbed from roughly $64 to a high near $371 before retreating toward $260.
The token gained more than 300% during the period. The sharp rally followed two banking announcements released on September 24.
Quant secures tokenized deposit roles in US and UK banking
The Clearing House selected Quant to support its new tokenized deposit network in the United States. The organization belongs to 25 major US banks, including JPMorgan Chase, Bank of America, and Citi.
Its payment networks process more than $2 trillion each day. According to the announcement, the tokenized deposit network should launch during the first half of 2027.
Big news: Quant is partnering with @TCHtweets to bring on-chain, #programmablemoney to the US. We will provide the interoperability layer that lets #tokeniseddeposits move freely within the regulated banking system. This builds on our work in the UK, Europe and beyond. Read… pic.twitter.com/ZdHOd0txRP
— Quant (@quantnetwork) September 24, 2026
The Clearing House plays a major role in US dollar payments. Therefore, its move into tokenized deposits could provide banks with another route for transferring regulated money on blockchain infrastructure.
Quant also supported a separate banking project in the United Kingdom.
Seven UK banks completed interbank transfers involving tokenized pound deposits through a Quant-built platform. Participants included Barclays, HSBC, Lloyds, NatWest and Santander.
The transactions formed part of a live pilot involving some of Britain’s largest financial institutions. Consequently, Quant gained exposure to major tokenized deposit initiatives on both sides of the Atlantic.
However, the announcements involved Quant as a company rather than QNT directly. The firms have not explained how much commercial activity will require the QNT token.
That distinction leaves uncertainty around how banking adoption could translate into direct token demand.
QNT price faces resistance as daily RSI reaches 86
QNT opened near $286 before climbing toward $320 during the latest session. The token then retreated toward $258, representing an intraday decline of roughly 10%.
Earlier in the rally, QNT reached nearly $370 before reversing. That move places the $320 to $370 region among the key levels traders may monitor.
The area also carries historical significance. QNT traded between roughly $250 and $300 for several months following its 2021 peak before declining during 2022.
The same range again restricted the latest advance. Above that region, the 2021 peak between approximately $400 and $430 remains another major resistance area.
On the downside, the 2022 high around $210 to $225 represents the nearest support zone. The December 2024 high near $160 to $170 provides another level below it.
Further weakness could expose the $100 region because QNT moved through much of that range rapidly during the latest rally.
Meanwhile, the daily relative strength index reached roughly 86. That marks its highest reading on the five-year view.
The elevated RSI and long upper price wick indicate that upward momentum has weakened after the rapid advance. QNT may therefore face increased volatility as traders assess whether banking adoption can support the token’s latest valuation.
The post Quant lands major US and UK bank deals as QNT surges 300% first appeared on Coinfea.
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