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2026/10/29

Nscale Aims for $30 Billion Valuation in IPO Amid AI Infrastructure Challenges

According to Bloomberg, Nscale, a company that transitioned from a Bitcoin mining firm to an AI data center developer, still plans to proceed with its IPO, targeting a $30 billion valuation. However, Nscale’s IPO comes at a time when the AI infrastructure industry is under pressure. Although the com

Visa's stablecoin settlement volume exceeds $25 billion annually, up 10x year-over-year.

According to Huoxing Finance, Visa disclosed during its fiscal year 2026 fourth-quarter earnings call that its annualized stablecoin settlement transaction volume has exceeded $25 billion, a tenfold year-over-year increase, with support now available across 10 blockchains and operations in all five

MetaOptics Announces Share Repurchase Authorization to Enhance Capital Flexibility

CoinDesk reports:MetaOptics adopts share repurchase authorization to enhance capital management flexibility and advance commercial delivery and next-generation metal lens milestones.Singapore, October 28 /PRNewswire/ -- MetaOptics Ltd (Catalist: 9MT) (hereinafter referred to as "MetaOptics" or the "

Visa's stablecoin settlement volume exceeds $25 billion annually, growing 10x year-over-year.

Odaily Planet Daily reports: During its fiscal year 2026 fourth-quarter earnings call, Visa disclosed that its annualized stablecoin settlement transaction volume has exceeded $25 billion, a tenfold year-over-year increase, with support now available across 10 blockchains and operations in all five

Y Combinator Report Highlights Stablecoins and Tokenization in Crypto Startups

ChainCatcher report: Startup accelerator Y Combinator has released a report on crypto entrepreneurship, focusing on stablecoins, asset tokenization, and AI agents. The report states that over the past year, crypto applications have been primarily driven by institutions rather than consumers, with th

Bitcoin Core Patches Three Bugs, Including Non-Linux Node Crash

Bitcoin Core disclosed three vulnerabilities on Oct. 28 and released fixes in versions 29.5, 30.4, 31.2 and 32.1, including a flaw that lets a malicious peer crash Windows, macOS and BSD nodes.The Bitcoin Core software lets operators independently validate the Bitcoin blockchain and includes a walle

Marvell in final talks to acquire Lumentum for potential $830 billion deal

According to Yonhap News Agency, citing Bloomberg, semiconductor company Marvell Technology is in the final stages of negotiations to acquire data center optical components manufacturer Lumentum Holdings. Sources said no final agreement has been reached yet, but the merger agreement could be announc

Alphabet, Microsoft, and Other Stocks Trending Amid Q3 Earnings and Market Gains

This roundup covers stocks that attracted retail traders and investors on Wednesday. Alphabet Class C shares gained 1.60% during regular trading to close at $321.89, then declined 9.75% to $290.52 after hours. The Class C shares traded between $319.68 and $323.13 during the session. The Class C shar

The U.S. Department of Justice is investigating NVIDIA's $12.9 billion acquisition of Hugging Face

According to Yonhap, citing Reuters, the U.S. Department of Justice has launched an investigation into NVIDIA’s acquisition of Hugging Face, focusing on whether the $12.9 billion deal would give NVIDIA control over core AI distribution channels and whether NVIDIA could use this open-source AI model

Solana Agave 4.4 to Introduce Protocol Updates, Account Storage Rent to Drop 90%

Solana Agave 4.4 is expected to introduce multiple protocol updates, reducing account storage rent by a cumulative 90%. According to Jinsecai, on October 29, the Solana validator client Agave version 4.4 is scheduled to activate several protocol updates: allowing blocks to include transactions with

Fed Maintains Rates at 3.75%-4.00% and Plans Fewer Rate-Setting Meetings

Federal Reserve Chair Kevin Warsh kept interest rates at 3.75% to 4.00% on Wednesday. Warsh announced that the Fed will reduce the number of meetings devoted to setting rates, beginning with one meeting without a rate vote in 2027. Seven of the eight meetings scheduled for 2027 will include rate dec

Noma Ranked in the 2026-27 Fortune Cyber 60

CoinMarketCap reports:Enterprise AI and agent security platform Noma has received recognition as a new CISO survey found that 77% of surveyed companies have deployed AI agents in production environments.New York, October 28, 2026 /PRNewswire/ — Noma, a platform providing agent security and governanc

MicroStrategy shareholders approve daily dividend plan for preferred shares

According to Woofun AI, MicroStrategy (MSTR.US) received overwhelming shareholder approval—99.3%—at its special meeting on October 28 to amend its charter, formally permitting its four series of preferred shares—designated STRF, STRC, STRK, and STRD—to implement a daily dividend distribution scheme.

Fed Holds Rates Steady, Oracle Surges 11.5% as Tech Stocks Rally

According to Woofun AI, the New York stock market experienced a broad rebound on the 28th (local time), driven primarily by the Federal Reserve’s decision to hold benchmark interest rates steady and a concentrated release of positive news in the artificial intelligence sector. The S&P 500 continued

Microsoft Azure revenue surges 48% as Yellen hints at potential rate hikes

According to Woofun AI, Microsoft (MSFT.US) Azure cloud revenue grew 48%, surpassing expectations, driving its stock up 6% in after-hours trading. Meanwhile, U.S. Treasury Secretary Bessent downplayed financing risks in the artificial intelligence sector and noted that future interest rate hikes by

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