MicroStrategy bought another 2,530 $BTC($243M) at an average price of $95,972 last week!

According to GMGN market data, the platform token STONK of Solana-based token launch platform StonkFun currently has a market capitalization of approximately $236 million, with a 24-hour rise of 27%, trading at $0.291, and a 24-hour trading volume of around $29.8 million.

Beating AI News Flash: Meta has announced the launch of the Meta Enterprise Platform, bringing its existing AI products and technologies—including Muse, Meta Business Agent, Muse API, and Muse Code—to enterprises and developers. Mark Zuckerberg called this Meta's "next major business pillar". The tech giant has also poached Chirantan "CJ" Desai, former CEO of MongoDB, to serve as Chief Enterprise Platform Officer, reporting directly to Zuckerberg. Following the announcement, MongoDB's stock price dropped by around 18% during intraday trading. Meta has not yet disclosed a unified format or pricing for its enterprise products, only noting that the first phase will deliver its existing AI tech stack to enterprises and developers. A new enterprise AI business line has been confirmed for now, while specific product combinations and pricing details remain unelaborated.

Former Dragonfly partner Omar Kanji has officially joined alternative investment management platform Brevan Howard as Head of Growth Investments for Digital Assets and Portfolio Manager, and will remain based in New York. Kanji previously announced his departure from Dragonfly on September 1, bringing an end to his four-year tenure at the firm.

At the 2026 Korea Blockchain Week, Tom Lee stated that the cryptocurrency market has entered a bull market phase. Bitcoin has broken through its 200-day moving average, institutional investor inflows have increased again, tokenization is growing increasingly widespread, intergenerational wealth transfers are becoming more convenient, and AI agents are starting to transact using digital currencies.

The Illinois Department of Revenue has released draft rules defining the implementation scope of the 0.2% digital asset transaction tax already enacted into law. The draft classifies stablecoins as taxable digital assets, while non-fungible tokens (NFTs) are exempt. Decentralized finance (DeFi) transactions are generally tax-free, but transactions involving protocol fees for platform operation and maintenance remain taxable; network fees and exchange fees paid exclusively to liquidity providers are not subject to tax. Furthermore, cross-chain bridging activities conducted via brokers, and self-custody wallet withdrawals where centralized exchanges charge fees will also be included in the tax scope. The bill is scheduled to take effect on January 1, 2027, with the public comment period closing on October 30.

According to official announcements, HSBC has revealed that its upcoming Hong Kong-based stablecoin will be named HSBC RedCoin, with a phased rollout plan. The initial phase will focus on peer-to-peer (P2P) transfers and peer-to-merchant (P2M) payments, before expanding to corporate and institutional use cases. HSBC also released a new survey of over 1,000 local customers, which found strong market interest and readiness for the stablecoin. Among respondents, 74% are familiar with at least one stablecoin use case. The top use cases are digital asset trading and tokenized investment (57%), followed by personal transfers (53%), cross-border remittances (52%), and merchant payments (52%).