Odaily Report: Blockchain platform Solana has launched x402 batch payment functionality through PayAI Network and BlockRunAI, enabling AI agents to initiate multiple USDC payments and settle them all through a single on-chain transaction.

BlockRunAI has already applied this technology to its AI model routing service. The company states that by consolidating multiple model calls into a single USDC settlement, it can save over $20,000 per month in network fees and reduce latency by approximately 10x; its service provides access to over 113 AI models through a single endpoint.

Solana development organization Anza stated that the upgrade to ultimately reduce Solana's block time to 200 milliseconds is expected to go live around 15:00 UTC on October 9, having previously been gradually reduced from 400 milliseconds to 350, 300, and 250 milliseconds. (Bitcoin.com News)

According to Gate data, Brent crude oil (XBRUSD) has risen above $106/barrel, currently trading at $106.05/barrel, with a 24-hour gain of 4.2%.

Odaily News: According to MSX.COM data, at the U.S. stock market open, the Dow Jones Industrial Average fell 0.63%, the S&P 500 Index dropped 0.4%, the Nasdaq fell 0.57%, and the VIX fear index rose 5.06%. AI-related stocks fell broadly, with Astera Labs down 5.46%, Teradyne down 4.54%, Marvell down 3.15%, Arm down 3%, and Arista Networks down 2.71%.

It is reported that MSX is a leading RWA trading platform and has cumulatively listed hundreds of RWA tokens, covering popular U.S. stocks and ETF token targets such as Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Odaily News: According to the latest Gate data, the price of gold fell to $4,091.5/oz, down 1.83% intraday. The price of silver fell to $59.704/oz, down 2.55% intraday.

In forex, USD/CNH rose 0.08% intraday, with the current exchange rate at 6.70666. USD/JPY rose 0.19% intraday, with the current exchange rate at 158.37.

In global stock indices, the Euro Stoxx 50 (EUSTX50) fell 0.95% intraday to 6,168.14; the UK FTSE 100 (UK100) fell 0.58% intraday to 10,479.5; and the German DAX 40 (GER40) fell 1.01% intraday to 25,107.5.

In commodities, WTI crude oil rose 0.85% intraday to $92.75/barrel. Brent crude oil rose 1.04% intraday to $105.79/barrel.

Gate supports users in directly trading traditional financial market products within the platform, offering one-stop coverage of multiple asset classes including precious metals, forex, global stock contracts for difference (CFDs), major indices, and commodities, enabling deep integration between crypto assets and traditional financial assets. Gate TradFi-related features have been fully integrated into the Gate App and Web platform, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market and continuously enhancing the multi-asset allocation experience.

Odaily reports that according to on-chain analyst Ai Yi's monitoring, an address bought 1,470.94 ETH at $2,582 three hours ago, spending 3.803 million USDC.

Odaily News: Vest Labs has announced the completion of a $13 million seed round led by Portal Ventures, with participation from executives of Citadel Securities, BlackRock, and KKR investing in their personal capacities. The company did not disclose its post-funding valuation. Vest Labs primarily provides eligible traders with the ability to trade perpetual contracts around the clock in real markets using the company's capital, with traders allowed to keep up to 80% of profits. The funding will be used to develop a mobile app, expand the current 22-person team, and increase the variety of assets available for round-the-clock trading. As of late September, approximately 26% of the platform's roughly 27,000 traders had received cash payouts, with monthly active traders and trading volume both growing over 300% month-over-month.

According to on-chain analyst Ai Yi's monitoring, an address withdrew 3,583.2 ETH from Binance over the past 2 hours, worth $9.27 million, with an average withdrawal price of $2,587.32, and transferred all tokens to a new address through two intermediary transfers.

Odaily News: Cryptocurrency trading firm GSR has committed $100 million, primarily through credit lines, to fund its new business Hare. Hare will partner with liquidity platform Turtle to create and manage on-chain vaults.

Hare will initially launch vaults powered by lending protocol Aave, allowing investors to earn yields through major USD stablecoins and Paxos' tokenized gold product, with GSR providing anchored liquidity. (CoinDesk)

Odaily News: Shayne Coplan, CEO of prediction market platform Polymarket, stated that chasing tokens that could appreciate 100x amounts to "irrational exuberance" and a game of "greater fool theory." Some traders attempt to sell before token prices go to zero, though a few may accumulate wealth in the process.

Coplan pointed out that Polymarket users prefer to participate in event trading with relatively predictable odds, rather than searching for the next 100x token. Polymarket's prediction trading volume over the past 7 days reached $1.21 billion, while Kalshi's was $2.3 billion during the same period.

Multiple U.S. states have taken legal action against Polymarket, Kalshi, or both regarding sports event contracts, and several countries and regions have also restricted or blocked access to Polymarket. (Cointelegraph)

Odaily reports, according to Gate data, gold (XAUUSD) has fallen to $4,100/oz, currently trading at $4,097.88/oz, down 1.9% in 24 hours.

Odaily News: Genius Group announced the resumption of its Bitcoin treasury purchases, acquiring 10 BTC for approximately $854,000 between October 2 and 5, at an average purchase price of $85,364. Previously, the U.S. Court of Appeals for the Second Circuit lifted a preliminary injunction on August 31 that had blocked the company from issuing shares, raising capital, and purchasing Bitcoin.

This purchase is the next step in Genius Group's execution of its $1.2 billion dual-treasury capital plan. The plan, announced on August 27, aims to allocate $827 million in Bitcoin and $800 million in AI assets by fiscal year 2031, bringing total assets to $2 billion. The company plans to continue accumulating Bitcoin and increasing its AI stock holdings, intending to fund dual-treasury purchases through operating cash flow, perpetual preferred securities offering programs, and ATM stock issuance mechanisms. Currently, the company has no plans to purchase assets through debt financing or to pledge its Bitcoin and AI stock holdings. CEO Roger James Hamilton stated that while this purchase was limited in scale, it marks the company's resumption of its Bitcoin accumulation strategy.

Odaily News: On October 7, digital asset company Tether signed a memorandum of understanding with the National Bank of Kazakhstan (NBK) and the Alatau City Authority (ACA). The three parties will explore stablecoin development, asset tokenization, and decentralized finance-related applications.

The three parties will jointly study international models for stablecoin issuance and potential application scenarios, and develop a stablecoin concept and pilot program pegged to Kazakhstan's national currency, the tenge, while also building the related infrastructure to support digital financial development.

The agreement also covers the establishment of an asset tokenization framework in Kazakhstan, including assessing the possibility of using Tether's tokenization platform Hadron, designing tokenization models within the jurisdiction of Alatau City, determining priority asset categories, and launching pilot projects.

Tether CEO Paolo Ardoino stated that Kazakhstan is exploring asset tokenization and a strategic reserve framework; Binur Zhalenov, Deputy Governor of the National Bank of Kazakhstan, stated that financial stability, transaction transparency, and investor protection are top priorities. (Tether News)

Odaily reports that Noah has announced the completion of a $38 million seed funding round, with participation from Endeit Capital, FJ Labs, LocalGlobe, Felix Capital, and several angel investors. The project's main business is providing stablecoin-based cross-border payment services for enterprises and individuals. The new funds will be used to expand its international remittance business, broaden its regulatory footprint, and more.

Odaily reports: Crypto wallet provider Tangem has announced the launch of its first physical Visa card, supporting in-store and online purchases as well as ATM withdrawals, with an initial limited release of 5,000 cards. Users can top up the card directly from their self-custodial wallet, and if the card is suspended or closed, funds can be transferred back to the wallet.

More than 40% of Tangem Pay payments come from Latin America, and over 30% from the United States. Tangem stated that the physical card currently cannot be shipped to approximately 20 countries and regions, including China, Russia, North Korea, and Palestine, with these restrictions affected by KYC, sanctions, banking rules, and card issuance compliance requirements.

Tangem Pay will also offer USDC cashback on eligible purchases, with 1% cashback for Basic users and 2% for Plus users. Tangem plans to showcase the first batch of physical cards during Token2049 in Singapore. (Cointelegraph)

1. Two wallets suspected to belong to the same whale or institution withdrew 110 million Lobster tokens, accounting for 11% of the total supply;

2. The U.S. Department of Justice cited the Bitcoin Fog precedent to oppose Roman Storm's motion for acquittal;

3. Russia registered its first batch of cryptocurrency exchanges and custodians, with Sberbank planning to launch products on December 1;

4. A U.S. Senate investigation points to USDT as a key liquidity channel for Iran's shadow banking system, with Gulf VASPs facing higher sanctions risk;

5. After Abstract's shutdown announcement, a newly created address withdrew $1 million to buy 25 Pudgy Penguins NFTs;

6. Polygon's official X account allegedly posted a mocking tweet about Abstract's shutdown, sparking controversy: the founder clarified it was a self-deprecating joke by the marketing team.