Odaily reports that CoreWeave and Broadcom have voiced opposition to a stock tokenization trading application proposed by OKXICE, a joint venture between OKX and Intercontinental Exchange (ICE). The application seeks to allow the two companies' shares to be listed and traded on the blockchain in tokenized form.
According to reports, as more and more publicly listed companies oppose the tokenization of their shares, CoreWeave and Broadcom have joined the ranks of opposition. This trend could pose obstacles to the U.S. government and SEC's plans to promote tokenized trading of U.S. stocks. (The Information)
Odaily News: According to on-chain analyst Yu Jin's monitoring, a whale opened max-leverage long positions on BTC and ETH worth $187 million 4 hours ago. The BTC long position is 1,822 coins, valued at $150 million, with an entry price of $82,409 and a liquidation price of $80,634; the ETH long position is 15,270 coins, valued at $37.33 million, with an entry price of $2,455 and a liquidation price of $2,406. The whale's most successful previous trade yielded a profit of $14.8 million: going long on NEAR at $2.14 in late August and taking profit at $4.88 in late September.
Odaily reports that Meta Platforms (META.O) has launched a new open-weight AI model, Muse Spark Open, primarily targeting coding and AI agent tasks, but it has not open-sourced its most powerful model. Meta's Chief AI Officer, Alexandr Wang, stated that Muse Spark Open is not the most powerful model the company has developed or released.
Muse Wonder, which Meta launched earlier this week, still uses a closed-source model. Meta also acknowledged that Chinese open-weight models still outperform Muse Spark Open in software development and certain other tasks. Meanwhile, Meta has partnered with Apple (AAPL.O) to support developers in running Muse Spark Open locally across multiple high-end Mac computers. Apple has updated its MLX software toolkit to support running the model on Mac devices.
Odaily News: Pump.fun co-founder alon posted on X platform stating that since Pump's Custom Pairs feature launched last month, approximately $5.9 million worth of PUMP has exited circulation, representing 0.33% of the current circulating supply. This mainly includes tokens locked in liquidity pools, burned tokens, and tokens held in protocol fee wallets.
He noted that if PUMP-related trading pair activity maintains its current level, on an annualized basis, the amount of PUMP exiting circulation each year would be equivalent to approximately 3.35% of the current circulating supply. Additionally, he believes that as on-chain trading activity grows, Custom Pairs could bring more trading volume and buy-side demand to smaller-cap meme coins and other on-chain tokens.
Odaily reports that AMC CEO Adam Aron has once again expressed opposition on the X platform regarding Robinhood's issuance of stock tokens, stating that AMC does not agree with Robinhood issuing tokens in the US that replicate AMC stock.
Aron stated that such tokens are "fake synthetic stocks" and could impact AMC's capital structure. He also said that the SEC requires Robinhood to obtain AMC's consent, or at least ensure that AMC does not raise objections, and emphasized that AMC should control its own financial destiny rather than have it decided by Robinhood.
According to Odaily, citing Gate data, South Korea's KOSPI index opened up 96.45 points, or 1.74%, at 5,650.67 on Friday, October 16. Both SK Hynix and Samsung Electronics rose over 2%.
Odaily News: According to four people familiar with the matter, Anthropic's latest disclosure of slowing revenue growth has prompted some existing and potential investors to reassess its IPO valuation. Some investors are discussing a valuation of about $1.5 trillion, lower than the previously market-expected figure of about $2 trillion. (Reuters)
According to Odaily monitoring, a contract account at a certain address has accumulated profits exceeding $24 million. Between 07:05 and 07:50 on October 16, 2026, it added approximately $3.29 million in SP500 long positions while reducing approximately $52,000 in long positions. The value of its SP500 long positions rose from approximately $1.29 million to approximately $4.53 million.
Address: 0xfc667adba8d4837586078f4fdcdc29804337ca06
Odaily: Sui posted on X that Alibaba Cloud is integrating its services with Sui Agent Payments, allowing agents to pay per use in USDC within user-defined limits, with all payments settled on Sui.
Odaily News: MSCI has announced the formal adoption of its Non-Operating Company Index Exclusion Rules, which will be implemented during the November 2026 index review and take effect after the close of trading on November 30. Under the new rules, MSCI will first assess whether a company holds substantial operating assets; companies that fail the initial screening will undergo five financial ratio tests; if at least four exclusion criteria are triggered, the company will be ineligible for index inclusion. Bitcoin treasury companies Strategy and Metaplanet face potential removal, with the final list to be announced on November 11. JPMorgan previously estimated that if Strategy is removed from the MSCI index, it could face approximately $2.8 billion in selling pressure.
Odaily News: New York federal district judge Alvin Hellerstein has denied the joint motion by Gemini and the U.S. Commodity Futures Trading Commission (CFTC) to vacate a $5 million settlement agreement. Gemini and the CFTC had argued in May that the settlement reached in January 2025 violated fundamental principles of fair enforcement; the judge ruled that these grounds were insufficient to support vacating the settlement, noting that Gemini voluntarily signed the agreement three weeks before trial.
Odaily News: Brian Armstrong posted on X that he developed a Coinbase plugin for Omarchy Linux, allowing users to view portfolio balances, track any asset, and trade any asset on Coinbase. Coinbase can also connect to commonly used agents in Omarchy; Brian Armstrong stated that the vision of an AI-enabled operating system is gradually taking shape, and thanked @dhh for their infectious enthusiasm.
Odaily News: Decentralized social network Farcaster has changed hands for the second time this year. Balaji Srinivasan's Network School has acquired Farcaster from Neynar, with the transaction amount not yet disclosed. Neynar co-founder Rish stated that after evaluating multiple acquisition offers, the company decided to transfer the Farcaster app, protocol codebase, and related products to Network School, as Farcaster requires a different operational model for its next phase. Rish and fellow co-founder Manan will be leaving, while the remaining Neynar employees will join Network School to continue developing Farcaster. Neynar acquired the platform from Farcaster's original developer Merkle Manufactory in January of this year, with the deal also including token issuance platform Clanker. Rish did not disclose the future plans for Clanker; GM Farcaster hosts Adrienne and NourishProf stated that Rish is considering spinning off Clanker and seeking other buyers for it. An in-app announcement on Farcaster indicates that the platform will be renamed "Network State Protocol," with the goal of building a network of voluntary digital societies that will eventually materialize in the real world. Users must choose to accept or reject a "social smart contract," and those who accept will receive an on-chain access NFT as proof.
Odaily News: Australia has proposed legislation requiring the reporting of cryptocurrency transactions and international tax information sharing. Under the bill, crypto platforms will be required to report transactions involving Australian residents to tax authorities starting July 2027.
Odaily reports: Bitcoin News posted on X that Citizen Lab researchers have discovered the first publicly documented case of mercenary spyware being delivered through targeted online advertising, in which malicious code can initiate infection once an ad loads, without the user needing to click or download anything. The campaign is called "AdFection." At least 45 Al Jazeera devices were targeted between 2024 and 2025, and the operation has been linked to Israeli advertising company Discover-Tech and spyware vendor Candiru.
After analyzing approximately 4 billion ad bidding records, researchers found that Discover-Tech's ads had appeared on nearly 200,000 websites and apps worldwide, but ad exposure does not necessarily lead to infection. Discover-Tech previously conducted business through major ad networks, including Google, and was removed after the investigation.
Odaily News: Solana ecosystem development company Anza stated that the Alpenglow mainnet beta will activate on October 21, 2026, at 14:50 UTC. Once the upgrade is complete, transaction finality is expected to be reduced from approximately 12.8 seconds to 150 milliseconds.
Alpenglow will replace the existing TowerBFT voting mechanism with Votor, allowing validators to avoid writing every vote on-chain and instead confirm consensus through direct communication aggregated into smaller records. The network is expected to maintain the existing system for approximately 18 minutes before switching to Votor once staked SOL reaches 82% of the validator set.
Another component of Alpenglow, Rotor, will adjust how new blocks are distributed among validators, but no activation date has been announced yet. This upgrade includes only Votor, and Solana will temporarily focus on replacing its consensus mechanism. (Bitcoin.com News)
