PANews

PANews reported on October 29 that Y Combinator released its October 2026 guide to crypto startups, noting that growth in the crypto industry over the past year was driven by institutions rather than consumers for the first time. Use cases are shifting from speculative trading toward practical financial needs, such as hedging against oil price fluctuations and cross-border corporate fund transfers. The guide also predicts that crypto adoption will accelerate further.
The organization believes that a wide range of assets will be tokenized at an accelerating pace, from stablecoins and stocks to real estate ownership, debt, and commodities. Meanwhile, startup equity and small-value assets that were previously difficult to securitize may also enter the market through on-chain issuance. Financial infrastructure for trading, lending, and derivatives around these assets will continue to develop, while AI agents may become important participants in financial markets.

PANews, October 28 — According to data monitored by Arkham, a wallet linked to Compound co-founder Robert Leshner currently holds approximately 15,000 COMP, with an average cost basis of $47.54. Over the past two years, the wallet has not sold any tokens, even as the price of COMP fell by more than 50% at one point. About five hours ago, the wallet added another 40,000 COMP through Genesis Trading, worth nearly $900,000. Its total holdings are now worth nearly $1.2 million.

PANews, October 29 — According to Bloomberg, cryptocurrency, venture capital, and prediction-market businesses linked to Trump and his family are stepping up their hiring of lawyers and lobbyists to prepare for possible congressional investigations. Democratic lawmakers have reportedly requested information from World Liberty Financial and 1789 Capital, focusing on whether the businesses received government contracts or favorable policy treatment, and whether there were any conflicts of interest.
However, analysts say that even if Democrats win a majority in Congress in the midterm elections, investigations could face obstacles, including difficulties compelling people overseas to provide testimony or documents, as well as uncertainty over whether federal agencies such as the Justice Department would take further action. The businesses involved and the Trump family maintain that their commercial activities comply with the law.

PANews reported on October 29 that DeFi researcher Ignas reviewed the year's top-performing tokens, noting that only tokens in the trading, AI, and privacy sectors have outperformed Bitcoin so far this year. These include:
1. Trading tokens performed best, with DRV gaining 665%, HYPE rising 200%, PUMP gaining 121%, and RAY rising 106%. The gains were driven by speculative trading generating fee revenue for protocols, which then supported token values through buybacks.
2. Among AI tokens, VVV rose 1,431%, NEAR gained 203%, and GRASS rose 151%.
3. Among privacy tokens, ZEC rose 137% and XMR rose 37%.

PANews, October 28 — Glassnode’s latest report says Bitcoin has fallen back below the $84,000–$85,000 range, which has halted price advances four times so far this year. Inflows into U.S. spot Bitcoin ETFs have cooled noticeably, with net inflows totaling only about $67 million over the past two weeks. Major buy-side support on Binance’s spot order book has also shifted down to $78,000–$79,000, with a total size of about $42 million.
Meanwhile, Bitcoin’s one-month realized volatility has fallen to around 25%, returning to levels last seen in summer 2023. Since August, realized losses triggered by each sell-off have also continued to narrow, indicating easing selling pressure. Glassnode says Bitcoin is currently trading in a range amid weak demand and limited selling pressure, with the market focused on the Fed’s interest rate decision on October 28. A daily close back above $85,000 could be an early signal of a further rebound; if the price falls below the active investors’ average cost of around $77,900, the short-term holder cost basis near $75,800 will be worth watching for support.

PANews, October 28 — According to Bloomberg, Anthropic warned in IPO-related filings that its public advocacy for AI safety regulation and remarks by its executives could expose the company to risks such as government pressure and selective scrutiny.
Anthropic said that even if other companies in similar circumstances are not treated the same way, it could still become a particular target of certain government departments. This risk is linked to the company’s repeated clashes with the Trump administration, including disputes over its demands for safety restrictions on the U.S. Department of Defense’s use of its AI technology, as well as disagreements over the safety of the Mythos model and export controls.

PANews, October 28 — Bankless published an article discussing controversy over excess funding for Zcash development, noting that funding for the Zcash development grant program has continued to grow and is currently estimated at around $125 million in net assets, far exceeding current spending needs. Zcash co-founder and current head of Tachyon Sean Bowe has put forward a draft proposal recommending that the 8% of block rewards currently allocated to ZCG be discontinued in a future network upgrade.
The community has put forward four proposals concerning the development funding mechanism. They cover ending ZCG grants, eliminating the entire development fund allocation mechanism, or gradually reducing the allocation percentage to zero. Supporters argue that under the current mechanism, funds keep accumulating as the price of ZEC rises, while ZCG is not directly controlled by holders. Opponents worry that cutting development funding without an alternative could affect the protocol’s future development and maintenance. All proposals are still under discussion and have yet to be finalized.

PANews, October 28 — According to Caixin, following the arrest of Chen Zhi, the “head” of Cambodia’s Prince Group, jurisdictions have successively begun proceedings to deal with assets related to the group. The local court has appointed Joint Provisional Liquidators (JPLs) for the 30 British Virgin Islands (BVI) entities under Chen Zhi’s actual control to investigate and preserve the relevant assets. Insolvency proceedings in the British Virgin Islands are collective in nature, and eligibility to file a claim is not determined by nationality or jurisdiction. Potential victims from any jurisdiction may file claims, meaning that victims of telecom fraud and online gambling scams from China may also be able to submit claims at some point in the future.

PANews, October 28 — According to Bloomberg, as debt financing for artificial intelligence (AI) has reached a cumulative total of about $500 billion, bond giant Pacific Investment Management Company (PIMCO), which helped kick off the financing boom, has cut some of its largest positions.
People familiar with the matter said PIMCO sometimes began trimming its positions just months after buying in. In addition to about $18 billion of Meta-related bonds in 2025 (PIMCO was the anchor investor in a debt financing deal of about $18 billion, enabling Meta to build a major data center project in Louisiana without weighing down its balance sheet), PIMCO funds also invested in a $10 billion Oracle-related deal. Filings show the firm has now reduced its positions in both investments by about 50%. PIMCO trimmed its holdings when the bonds were trading at high prices.

PANews reported on October 28 that researchers disclosed a zero-click vulnerability in Telegram’s sticker feature at a security conference in Tokyo, demonstrating that an attacker could execute code on iOS devices without any user interaction. However, Telegram disputed the risk assessment of the vulnerability, and the information currently available does not specify its exact scope or the progress of a fix.
Note: A zero-click vulnerability is a high-severity flaw that allows an attacker to compromise a device simply by having it automatically process malicious data, without requiring the user to click, open, or do anything; common attack vectors include voice calls, message previews, web rendering, audio decoding, and wireless debugging.

PANews, October 28 — According to an announcement on Cross River’s website, SBI Holdings has signed a memorandum of understanding on strategic cooperation with CRB Group, the parent company of Cross River Bank. The companies plan to establish a joint venture in Japan to explore tokenized real-world asset (RWA) products, including loan receivables, as well as cross-border payments and payment infrastructure for AI agent transactions. SBI also plans to make a strategic investment in CRB Group. The parties are considering integrating the yen stablecoin JPYSC with the Cross River platform for institutional cross-border payments and settlement of tokenized assets. The establishment of the joint venture and related cooperation remain subject to final agreements and necessary regulatory approvals.

PANews, October 28 — According to Anthropic’s official blog, Anthropic has launched a legal Artifacts library for Claude for Legal. The library offers ready-to-use interactive tools for citation verification, contract clause deviation reviews, regulatory updates tracking, tabular contract reviews, and more. Users can connect their own data and connectors, and share across teams. Since Claude for Legal launched in May, more than 60 legal connectors have been added. Organizations including Goodwin, Harvey, and PwC have launched their own custom-built tools in the library. It also includes nine access-to-justice tools, five of which were developed by nonprofits receiving Claude credits. Anthropic has also launched the Legal Ambassadors Program.

PANews, October 28 — According to CoinGlass data, $172 million worth of crypto futures positions were liquidated across the market in the past 24 hours, including $56.1412 million in long positions and $116 million in short positions. BTC liquidations totaled $57.5962 million, while ETH liquidations totaled $29.8525 million. The largest single liquidation was a $6.3468 million position on HYPERLIQUID-BTC-USD.

PANews, October 28 — Robinhood Crypto said on X that eight Robinhood Stock Tokens linked to shares of U.S.-listed companies are now live on Robinhood Chain. The underlying stocks have a combined market capitalization of more than $2 trillion, and the tokens can be traded around the clock. Uniswap said the tokens are also available on its protocol, app, and API. Robinhood added that the products are tokenized debt securities, are not offered to U.S. residents or U.S. persons, and are subject to restrictions in jurisdictions including Canada, the U.K., and Switzerland.

PANews, October 28 — Bitwise published its “2027 Bitcoin Long-Term Capital Market Assumptions” report, raising its 10-year target price for Bitcoin from $1.3 million to $1.6 million by 2036, implying a compound annual growth rate of 34.3%. Over the same period, expected annualized returns for U.S. equities and private equity are 6.7% and 10.8%, respectively. Bitwise expects institutions to allocate 1% to 5% of their assets to Bitcoin over the next decade, representing demand of $1.5 trillion to $7 trillion. The report also notes that Bitcoin fell about 50% from its October 2025 high to its June 2026 low, less than the 86%, 84%, and 77% drawdowns in previous cycles. Bitwise Chief Investment Officer Matt Hougan said, “We are more bullish on Bitcoin now than we were last year.”

PANews, October 28 — According to the Shanghai Securities News, IMF Managing Director Kristalina Georgieva announced that Deputy Managing Director Li Bo will leave his post when his term ends on November 30, 2026. She proposed appointing Liao Min, China’s Vice Minister of Finance, as his successor, effective December 1. Born in 1968, Liao has served as Vice Minister of Finance since May 2018 and has also been a member of the Monetary Policy Committee of the People’s Bank of China since 2023. He has worked at the People’s Bank of China, China Everbright Group and Bank of China, and has also served as Director of the General Office of the former China Banking Regulatory Commission and Director of the Shanghai Office of the China Banking Regulatory Commission. Li Bo took office as an IMF Deputy Managing Director in August 2021. During his tenure, he was responsible for work involving around 90 member countries and led work related to digital currencies, cross-border payments, stablecoin regulation and artificial intelligence.

PANews, October 28 — NVIDIA (NVDA.O) announced that RTX Spark laptops are now available from ASUS, Dell, HP, Lenovo, Microsoft, and MSI, with prices starting at $2,599 and 128GB configurations available. Meanwhile, the DGX Spark 64GB system, powered by the GB10 Grace Blackwell Superchip, is now available for purchase. NVIDIA also launched the Nemotron 3.5 speech transcription model.

PANews October 28 news, according to The Block, Avail has launched ShieldTX. This tool is designed for Hyperliquid traders: it creates a separate wallet for every perpetual contract position, making it difficult for copy-trading bots to link those positions to the same trader. ShieldTX analyzed 332,317 wallets that traded on Hyperliquid over the past 30 days, and the results showed that the median additional execution cost per trade for top traders who were copied was 63 basis points. User-deposited funds are held in a vault contract on Arbitrum, while the underlying infrastructure uses Avail’s zero-knowledge privacy infrastructure, Nightshade. The private beta began in July, with 75 traders participating, about $50 million in trading volume, and more than 3,800 wallets created. The product is now open via invite codes, mainly targeting wallets with trading volume above $500,000, and AVAIL stakers can enjoy discounts.

PANews, October 28 — According to an official announcement from Strategy, the company’s shareholders have approved the “Daily Dividends” amendment. Preliminary vote tallies show that 99.3% voted in favor. The amendment allows the four preferred stocks STRF, STRC, STRK, and STRD to accrue dividends on each calendar day, with each calendar day serving as a dividend record date and dividends paid on the next business day. For STRC, the first record date and payment date are November 1 and November 2, respectively; for the other three preferred stocks, they are January 1 and January 4, respectively.