Odaily News - At the OKX NOW Global Product and Ecosystem Conference held in Singapore, OKX VP of Product and Trading Thomas demonstrated how OKX is connecting crypto assets with traditional financial markets through a unified trading experience, enabling users to participate in round-the-clock trading of stocks, commodities, and other assets using familiar trading methods.

He introduced that OKX has launched TradFi perpetual contracts, Pre-IPO perpetual contracts, and unified tokenized stock trading products, and plans to launch traditional financial asset options in the coming months, as well as issue its own tokenized stock product X-RWA, allowing users to directly trade stocks from stock exchanges and share liquidity. At the same time, OKX will continue to improve liquidity and trading infrastructure, reducing trading complexity and enhancing capital efficiency through unified trading units and collateral systems.

Odaily reports that Virtuals Protocol announced on X that the Virtuals App has entered its closed beta phase. The app features personal AI, a built-in wallet, and marketplace integration, allowing users to discuss investment ideas, research targets, and execute trades in group chats. Currently, the Virtuals App is limited to an iOS closed beta and requires an invite code to use.

Odaily reports that cryptocurrency exchange OKX has announced the launch of OKX Money, a stablecoin savings and payment app, now available in parts of Latin America, Africa, South Asia, and the Middle East, offering up to 10% annualized yield on eligible USDG balances.

Users can fund their accounts with over 50 supported currencies, with funds converted into USD-backed stablecoins, and can hold, send, and spend USDG, USDC, or USDT. The app supports both virtual and physical cards, and eligible USDG balances can earn yield without staking or lock-up requirements.

OKX stated that the app will roll out gradually in accordance with regional requirements, with specific legal entities and regulatory frameworks varying by jurisdiction, and the initial launch markets have not yet been disclosed. Yields and eligibility conditions vary by region and user, and users can unlock higher yield tiers by meeting a 30-day average deposit threshold, reaching a 30-day spending amount, or upgrading their exchange VIP level. (Cointelegraph)

Odaily reports: Stablecoin payment infrastructure provider Rain has submitted an application to the U.S. Office of the Comptroller of the Currency (OCC) to establish Rain National Trust Bank in New York. Once approved, the bank will be able to provide institutional clients with digital asset and USD fiduciary custody, as well as stablecoin reserve management services.

Rain stated that Rain National Trust Bank may also issue and redeem USD-backed stablecoins in accordance with the GENIUS Act. Former Square Financial Services Chief Financial Officer Brandon Soto will serve as President and CEO of the proposed bank, subject to OCC review.

The Independent Community Bankers of America (ICBA) sued the OCC on Friday, alleging that it allowed non-depository trust banks to conduct a wide range of non-fiduciary activities, exceeding its regulatory authority. The ICBA is asking the court to overturn the OCC's chartering rule introduced in March 2026 and Interpretive Letter 1176 from 2021, and to block the approval of more licenses based on those documents.

The Crypto Council for Innovation said the lawsuit is intended to restrict innovation. The ICBA complaint states that the OCC has approved or conditionally approved at least 21 trust banks, of which at least 13 are cryptocurrency companies. (Cointelegraph)

Odaily reports that Google Cloud has officially disclosed that its Blockchain Node Engine and Blockchain RPC services are scheduled to terminate operations on December 15, 2026, and is reminding customers to complete migration arrangements as soon as possible. To this end, Google Cloud has partnered with blockchain infrastructure provider Quicknode, designating it as the officially recommended RPC infrastructure successor. Customers can redeploy nodes and RPC endpoints through Google Cloud Marketplace or the Quicknode platform, and must complete application configuration adjustments and workload validation before the services officially shut down; at that time, Google will automatically deprovision existing Blockchain RPC endpoints on December 15.

PPP Prediction Market Tool monitoring shows that on Polymarket, the probability of "BTC will hit $90,000 in the remaining period of October" has dropped to 56%, down 10% in 24 hours. In addition, the probability of hitting $87,500 has dropped to 77%, also down 10% in 24 hours.

According to the settlement rules, this market is based on the Binance BTC/USDT trading pair. Within the specified month in the title (from 00:00 Eastern Time on the 1st of the month to 23:59 on the last day), if the high price of any 1-minute candlestick equals or exceeds the price specified in the title, it will immediately settle as Yes; otherwise, it will be No. This market is solely based on the 1-minute candlestick High price of Binance BTC/USDT; prices from other exchanges, trading pairs, or spot markets are not taken into account.

Join the PPP Signal Push Community to stay one step ahead and seize the initiative.

Odaily Report: Crypto analyst Darkfost posted on X platform that the Bitcoin Bull Score Index remains in a clearly bullish zone, currently at 80/100, with multiple indicators continuing to support BTC's upward momentum.

Darkfost noted that the only relatively lagging factor at present is spot demand. As previously observed, spot trading volume in the market remains low, so there is not yet any notable spot buying demand at this stage. He believes that spot demand is the key missing factor in the current BTC market trend, and this component is often the last piece to fall into place.

Odaily News: Market news — Ray Dalio, founder of Bridgewater, says the U.S. debt crisis could erupt within 3 years.

Odaily reports that according to Lookonchain monitoring, an ENA whale that had been dormant for over a year sold another 37.725 million ENA through BitGo 12 hours ago, worth $9.25 million; it currently still holds 119.82 million ENA, worth $29.6 million.

According to Lookonchain monitoring, two addresses went long on 24.57 million AGT with 2x leverage on Aster DEX, with a position value of $620,000. They currently have an unrealized profit of $297,000, with returns reaching as high as 115%.

Odaily Report: Liquid Capital founder Yi Lihua posted on X platform, stating: "Many projects lack contractual integrity — users deposit BTC and are not allowed to withdraw, investors' coins are arbitrarily deducted, and terms are forcibly modified. This is no different from robbery. It poses indiscriminate credibility risk to VCs, KOLs, and secondary investors. I strongly recommend that exchanges make project credibility a key evaluation metric. In traditional stock markets, companies involved in fraud face penalties or delisting rules."

Odaily News: South Korea's Ministry of Science and ICT announced that South Korea plans to launch a frontier artificial intelligence model development project worth 4.7 trillion Korean won (approximately $3.5 billion) starting in March 2027, aiming to secure a place in the race for cutting-edge artificial intelligence.

The ministry stated that it plans to select a lead developer through a public bidding process after the National Assembly approves the 2027 budget in December, with the winner potentially announced as early as February. The South Korean government plans to combine national equity investment with private funding and concentrate computing chips, data, and talent into the project. The project will be open to various entities, including individual companies, corporate consortia, and special purpose entities, and hopes to have startups, enterprises, universities, and researchers play a leading role.

According to people familiar with the matter, Moonshot AI has completed its final round of private funding at a valuation of approximately $50 billion and is pushing ahead with an initial public offering (IPO) in Hong Kong in the first quarter of next year. The sources said the company has also begun preparations to gauge investor interest, with preliminary talks with investors potentially starting as early as this month. The people said discussions are still ongoing and the timing of the IPO may also change.

Odaily reports that the 4 options positions previously opened by "AI Stock God" Leopold Aschenbrenner have expired, involving Micron (strike price $1,000), SanDisk (strike price $1,600), Intel (strike price $115), and Marvell (strike price $250). It is said that he paid approximately $96 million for these 4 options, and they all ultimately expired in the money, yielding a return of approximately 47% over a two-week holding period and a profit of approximately $45.6 million.

Odaily News: Lighter released its September operational data update on X. In September, Lighter's total trading volume reached $56.2 billion, open interest stood at $1.64 billion, and network revenue was $4.44 million. In September, Lighter repurchased a total of 597,200 LIT, bringing cumulative buybacks since TGE to 18.15 million LIT, representing 7.26% of circulating supply.

Odaily reports that Vitalik Buterin stated that AI is demonstrating the ability to break out of sandboxes, attack websites, discover software vulnerabilities, as well as help discover vulnerabilities in the Ethereum protocol, implement complex cryptography, and conduct formal verification. About a month ago, he updated his ENS information for the first time without using a user interface, simply asking a local AI agent to write a script, and the operation was completed in about 5 minutes. He expects that AI directly executing complex onchain operations will gradually become the norm and become the new user interface in more scenarios. Vitalik Buterin also stated that the Safe-related hack caused approximately $1.4 billion in losses, with the attack targeting the interaction layer between users and onchain systems, rather than onchain contracts. AI directly handling transactions may reduce the risks brought by web interfaces, but it will also introduce new challenges such as AI security, prompt injection, and the accuracy of operational understanding.