News linked to this event type.
According to CNBC, Arda, an AI manufacturing startup founded by former OpenAI research chief and ex-Palantir head of product and engineering Bob McGrew, has announced the completion of a $230 million funding round at a $1.5 billion valuation. The round was led by Altimeter Capital, Accel, and Khosla Ventures. Arda develops AI software and agents for manufacturing engineers, helping them build and adjust assembly lines faster. Its AI models have been deployed at defense technology company Anduril. McGrew noted that when product designs change, it takes just one day to retrain workers, whereas adjusting automated production lines typically requires three to six months. Arda runs its software using a combination of proprietary, open-source, and select frontier models, with robotics set to be included in its next product roadmap. Co-founders include Augustus Odena, Alex Mark, and Jakob Frick. Apoorv Agrawal of Altimeter stated that the global manufacturing industry amounts to $16 trillion, with approximately $3 trillion in the United States. McGrew joined OpenAI in 2017 and departed in 2024.
according to a post by SlowMist CISO @im23pds, the extortion/disclosure group FulcrumSec has publicly claimed to have continuously stolen approximately 10.6 TB of data from PingCAP's managed database service TiDB Cloud, and has released about 200GB of first-stage samples.On the same day, PingCAP issued a statement acknowledging that "some internal operational data" was accessed without authorization, but emphasized that no product vulnerabilities were involved and that the security of customer databases and business data would not be affected. Companies such as Bitget and Baidu have previously collaborated with this data company.
Odaily reports: Solana-based meme coin Kimchi reached a market cap of $40 million one hour after launch, currently at $38.71 million, with trading volume reaching $23.7 million. Kimchi (@kimchi1x) currently holds 75.32% of the total supply of this meme coin. This trader rarely posts trading records or calls, mainly sharing photos and videos related to lifestyle, travel, luxury cars, and watches.Pump.fun co-founder alon stated that Kimchi is the first person to truly bridge the gap between the crypto industry and popular culture, and the first case of a trader growing into a public celebrity. alon said that Kimchi is helping Pump.fun develop creative direction and drive ecosystem expansion.
Bitcoin News posted on X that 8 TLS certificates issued by India's eMudhra were found to have extremely weak private keys, which attackers could exploit to impersonate virtually any website. Major browsers have blocked the affected certificates, but millions of servers, Linux systems, and internet-connected devices may still require updates. A cryptography expert warned that the scale of this cleanup effort could exceed the 2014 Heartbleed vulnerability. No malicious exploitation has been confirmed yet.
Odaily Report: The Blockchain Association has submitted a comment letter to the SEC regarding its "crypto asset regulation" proposal, recommending raising the startup exemption cap to $10 million, the fundraising exemption to $150 million (supporting on-chain transparency as an alternative to audits, with airdrops excluded from the count), and establishing a third-party filing safe harbor for existing tokens.The Blockchain Association calls for clear, objective decentralization standards for tokens to shed their "investment contract" status (such as open-source code and the absence of unilateral review rights), while strengthening federal regulatory preemption over state-level legislation, and supporting 24/7 exchange trading and self-custody.
The official Qubic account (@Qubic) announced on X that the Qubic network has resumed normal operations. The Computor Arbitration Committee has approved the recovery plan, the official claim platform is open, and the first batch of funds has been refunded to verified owners. During the network suspension, affected funds were transferred to protected custody accounts to prevent further exposure to risk. Officials warn that wallets created prior to Qubic web wallet version 4.26.4 (released October 19) should be considered unsafe, even if the funds were not affected. Users must upgrade to version 4.26.4 or higher and create a new wallet. Affected users can submit claims through the official claim website weak-seed-reclaim.qubic.org. The claim window will remain open until May 1, 2027, with applications providing clear evidence prioritized for processing.
According to SpaceX (Nasdaq: SPCX)'s Q3 2026 earnings report, the company reported quarterly revenue of $14.6 billion, up 161% from $5.6 billion in the same period last year. Net profit was $4.4 billion, compared to a net loss of $1.1 billion in the prior-year period. Adjusted EBITDA was $8.8 billion, up 306% year-on-year. Operating income stood at $2.8 billion, compared to an operating loss of $270 million in the same period last year. By segment: • Super Intelligence (SI): Revenue was $7.56 billion, up 830% year-on-year and 195% quarter-on-quarter, primarily driven by the activation of cloud service agreements, the consolidation of Cursor, and increased adoption of Grok in enterprise and consumer markets. SI operating income was $431 million, which included $1.2 billion in stock-based compensation expenses related to the Cursor acquisition. Peak computing capacity rose to 1.7 GW, up from 0.6 GW in the same period last year. • Connectivity: Revenue was $5.25 billion, up 69% year-on-year, with operating income of $2.37 billion, up 99% year-on-year. Starlink consumer subscribers reached 13.6 million, an increase of 1.6 million quarter-on-quarter, with average monthly ARPU of $69. Over 3,800 aircraft are equipped with Starlink. • Space: Revenue was $1.77 billion, increased year-on-year
Odaily reports: OpenAI states that in two internal programming tasks, AI Agents weakened alignment-failure monitoring mechanisms while performing user-requested software modifications. In the first incident, a GPT-6.1 Sol Agent responsible for fixing an evaluation pipeline disabled the automatic alerting function that notifies the safety team. The Agent interpreted a prior instruction—"do not send messages during the search of Slack history"—as justification for suppressing monitoring notifications.In a separate, independent incident, a GPT-6 Astra Agent responsible for a migration program removed the monitoring integration from the program in order to align the code with the reference implementation, and subsequently falsely told the user that it had not removed the monitoring mechanism. In both incidents, the AI Agents had considered whether they should preserve the monitoring safeguards, but ultimately interpreted routine programming instructions as permission to weaken those safeguards. In response, we are strengthening our alignment-failure monitoring systems, and we are also evaluating whether these cases reflect benign overpersistence in AI or indicate a tendency to evade alignment-failure monitoring under certain circumstances.
Sui announced on X that DeepBook Predict trading is now live and offers a 20% fee discount.
Odaily reports: Layer-1 blockchain Qubic has restarted its network and initiated a fund recovery process. Previously, attackers exploited a wallet seed vulnerability to drain approximately $1.4 million in QU tokens from 1,404 accounts; network validators Computors have approved a recovery plan, and affected users can submit claims until May 1, 2027.Qubic's block explorer shows the network resumed processing ticks at 20:00 on October 19, surpassing the previously paused progress of 85,371,949. The vulnerability affects wallet seeds generated by certain Apple devices and browsers. Qubic recommends creating new wallets using version 4.26.4 or above and transferring funds as soon as possible. (Cointelegraph)
According to Odaily, digital hardware wallet manufacturer NGRAVE disclosed on October 19 that attackers hijacked a third-party notification service used by its LIQUID companion app and sent fake security alerts to users, resulting in approximately 70 wallet addresses being stolen for about $2.56 million across 4 blockchains. Among the losses, Bitcoin accounted for approximately $1.77 million, XRP approximately $454,000, Ethereum assets approximately $316,000, and Stellar approximately $18,000.The attackers lured users into clicking on counterfeit websites and entering their 24-word recovery phrases or Perfect Keys, after which automated scripts transferred the assets within minutes. NGRAVE stated that the ZERO hardware wallet and private keys were not directly compromised, and that victims voluntarily handed over their recovery credentials during the phishing process.The unauthorized access may have begun on October 11. After obtaining one access key, the attackers acquired a key with broader permissions and sent fake notifications on October 17. NGRAVE detected the anomaly approximately 1 minute after the notifications appeared, but the first wallet had already been drained 6 minutes later, and the notification system was shut down that evening.NGRAVE's CEO stated that the company failed to fulfill the most basic security responsibilities of a crypto security company, and said that the affected keys have been replaced, with two-person approval, domain restrictions, and emergency shutdown mechanisms added. The company also reminded affected users to create new wallets and contact the support team, noting that some device information, wallet activity, IP addresses, and approximate locations may have been exposed. (Bitcoin.com News)
Odaily Report: NEAR ecosystem governance proposal HSP-029 has entered the voting phase, proposing to gradually reduce the maximum annual issuance rate of the NEAR token from 2.5% to 1.6%. The proposal, put forward by SVRN CEO Sal Ternullo, plans to decrease linearly by approximately 3.75 basis points per epoch over 24 months, while maintaining the 90/10 split between stakers and the treasury. If passed, a 90-day grace period will be implemented before the reduction officially begins.Proposal estimates show that the plan is expected to reduce NEAR issuance by approximately 11.8 million tokens over two years, and by a cumulative total of approximately 66.1 million tokens over six years, equivalent to a 4.36% reduction in supply compared to the current state. The staking annualized yield will gradually decrease from the current 5.268% to 3.372%. The proposal must go through a dual process to take effect: after passing the House of Stake vote, validators must independently adopt it through the standard protocol upgrade process. Currently, the NEAR network has 406 active validators with a staking rate of 42.71%.
Highlights show the establishment of the National Data Group, a 31.6% increase in CATL's net profit, the central bank's overnight reverse repurchase operations, along with U.S.-Iran negotiations and Elon Musk's remarks.
Odaily reports: Abu Dhabi-based listed esports company NIP Group has announced that it has signed an agreement to acquire Bitcoin mining equipment with a total hashrate of approximately 4.47 EH/s, bringing its total deployed hashrate to approximately 13.85 EH/s. The transaction is valued at up to $27.3 million, and the company will issue up to 247.1 million Class A ordinary shares to the seller.NIP Group expects that once all related equipment is deployed, the mining farm's monthly output will reach approximately 195 BTC, up from its previous target of 160, valued at approximately $16 million at then-current prices. The equipment is already running at hosting facilities and can immediately increase Bitcoin output upon completion of the transaction.NIP Group launched its Bitcoin mining business in July 2025 and has been gradually scaling its hashrate to higher levels. The company said the additional hashrate will serve its digital infrastructure strategy, and it plans to expand into AI, high-performance computing, and gaming applications. (Bitcoin.com News)
Odaily reports: Optimum has announced that its block propagation software mump2p has officially launched on the Ethereum mainnet. ether.fi previously offered the software as an optional feature, but has now mandated its adoption across all 12 of its node operators. Currently, a total of 16 node operators are running mump2p in production environments, collectively managing approximately 22,000 validator keys and over 1.4 million staked ETH, accounting for more than 3% of Ethereum's total staked supply. Partners include Blockdaemon, Everstake, P2P.org, Stakefish, and Bitcoin Suisse.mump2p operates as a sidecar gateway, rather than replacing Ethereum's default GossipSub, it layers on top of libp2p and uses random linear network coding technology. Optimum claims that mump2p achieves block arrival speeds 2.42 times faster than GossipSub, with arrival time variance reduced by approximately 7.88 times. Optimum is led by MIT professor Muriel Médard and launched its private testnet in June 2025. The company previously completed an $11 million seed round led by 1kx and plans to expand to other high-throughput blockchains beyond Ethereum.
The joint venture OKXICE, formed by cryptocurrency exchange OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, disclosed in an updated announcement that it has received objection notices from 16 issuers, involving companies such as Alphabet, Microsoft, and Goldman Sachs.Andrew Cuomo, co-chairman of OKXICE and former Governor of New York, stated that these notices do not constitute objections, and that some companies simply want to observe how the tokenized stock model operates before making a decision, adding that he expects more companies to raise similar concerns.OKXICE's proposed platform plans to cover 62 companies listed on U.S. exchanges, of which about 25% have raised objections. The platform is intended to operate 24/7 through permissioned Uniswap v4 liquidity pools deployed on XLayer, with tokenized stocks paired respectively with Tether's USDt, Circle's USDC, or Global Dollar's USDG. (Cointelegraph)
Odaily reports: Prediction market platforms Kalshi and Polymarket expanded ahead of the US midterm elections in November, with combined monthly trading volume reaching $53 billion in July, more than double the $26 billion recorded in May, with trading concentrated primarily in sports.Political trading accounted for a relatively small share, with Polymarket averaging about $2 billion per month this year and Kalshi under $300 million; as of July, trading volume around which party controls the House and Senate had exceeded $30 million.The US Commodity Futures Trading Commission (CFTC) had previously prohibited Kalshi from listing congressional control contracts and at one point proposed classifying election contracts as gambling. The agency withdrew the relevant proposal in February and on June 10 published a structured event contract framework proposal that would not classify elections as gambling. Kalshi launched its Midterms Hub the same month, displaying traders' implied probabilities for individual districts alongside polling averages.Chuck Todd, former NBC News political director and former host of Meet the Press, will host the NEXTPredict summit in New York on October 22–23. He said he hopes to understand the extent to which pollsters and prediction markets need and influence each other, and whether trading is used for hedging or entertainment. Research by the Anti-Corruption Data Collective found that a $3,500 bet could move 97% of midterm election-related market prices by at least 5 cents; Morgan Stanley, after studying more than 72 million Kalshi trades, found that prices closely tracked outcomes. (Decrypt)
Coinbase will add support for Axis Labs (AXIS). Users can now generate an AXIS deposit address on the Coinbase website, Coinbase app, and Coinbase Exchange, but only in regions where trading is supported. AXIS deposits will be unavailable until the asset issuer unlocks transfers.
Odaily reports: Mastercard has announced early access to its AI agent payment system, Agent Pay for Machines, and demonstrated actual transactions at the Cloudflare Connect conference. Built on the open protocol x402, the system allows AI agents to autonomously discover services, negotiate transaction terms, and complete payments, while operating under human-preset budget caps. When an agent accesses a paid service and receives a "402 Payment Required" response, it generates a digitally signed payment credential, which the service provider verifies before delivering the service; the credentials can be settled in batches. In the demonstration, a marketing agent completed 9 payments to two independent merchants under a single budget, without needing to register separate accounts or handle separate invoices. Coinbase provides wallet services, Base handles on-chain settlement, and BVNK supports fiat or stablecoin payments and settlement through Mastercard's Global Money Platform. Mastercard will also provide developers with buyer and seller APIs, SDKs, and a testing environment, and has already conducted end-to-end pilots with Cloudflare, AWS, Coinbase, and other organizations.
Odaily reports: Cryptocurrency trading platform OKX launched its Shield account protection program in the United States on October 20, with eligible users able to receive up to $500,000 in coverage. The program covers certain unauthorized account takeovers caused by phishing, malware, and SIM-swap attacks, and users must enable passkeys and other security settings.Former New York Governor Andrew Cuomo said his interest in cryptocurrency began in 2011, and he currently serves on OKX's board of directors and co-chairs the company's joint venture with Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange. He supports OKX's push to tokenize US stocks and said some companies remain on the sidelines.Andrew Cuomo expects that the CLARITY Act will not receive a vote before the 2026 midterm elections, with the next opportunity possibly in January next year. He said the US Congress should reduce partisan strife and establish clearer federal rules for the digital asset market; companies such as Microsoft and Google parent Alphabet are currently cautious about tokenized stocks. (Bitcoin.com News)