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According to Cointelegraph, American real estate investor Grant Cardone made a $1 million bet to angel investor and Bitcoin critic Jason Calacanis, wagering that Bitcoin will reach or exceed $126,210.5 before October 28, 2028.

Alphabet (GOOG.O) CEO Sundar Pichai stated that the company is developing a streamlined version of Gemini 4 Carbon for over 1 billion users.

Alphabet CEO Sundar Pichai stated that the new AI model Carbon is being launched first to cybersecurity partners.

Alphabet CEO Sundar Pichai stated that the new AI model Carbon is being tested with the U.S. government.

Alphabet (GOOG.O) CEO Sundar Pichai stated that the new AI model Carbon is Google's strongest model.

Google (GOOG.O) launched the Gemini 4 Carbon cutting-edge model.

At the Decoding China 2026 event, Huawei announced the introduction of the time compression concept of the "Tao (τ) Law" into base station product design for the first time, summarizing the challenges faced by traditional basebands within a single TTI as "endless calculations and incomplete transmissions."At the same time, Huawei released the OSCAR intelligent channel processing solution and the new generation UBBPi baseband series, providing a collaborative solution direction for the constraints of computation and transmission within a single TTI.

According to data from paymentscan.xyz, the monthly transaction volume of crypto cards has shown signs of slowing down after continuous growth. The total transaction volume for September was approximately $1.231 billion, setting a new peak for this phase; while as of October, the cumulative total is about $1.15 to $1.2 billion, making it unlikely to achieve month-over-month growth for the entire month.Among them, leading projects such as RedotPay, EtherFi, and KAST have all experienced a month-over-month decline in October. According to data from approximately 30 card projects tracked, the cumulative transaction volume of crypto cards has reached $13.69 billion, but the recent monthly momentum has weakened.

On October 28, stablecoin payment infrastructure service provider WasabiCard announced that it will participate in the Dubai FinTech Summit 2026 from November 2 to 3, showcasing its compliant white-label card issuance solutions and global remittance services.According to the introduction, WasabiCard supports enterprises in customizing the issuance of virtual and physical cards, and facilitates cross-border payments in over 30 fiat currencies supported by stablecoin funds, with some channels enabling real-time or T+0 settlement. Currently, the platform has issued over 700,000 cards and has a cumulative transaction volume exceeding 1 billion USD.During the summit, WasabiCard will engage in communication and collaboration with financial institutions, fintech platforms, and corporate clients at the MultiBank Group Arena exhibition area, booth J2.

Recently, the cryptocurrency exchange Echobit has partnered with the stablecoin infrastructure platform Interlace to launch a customized ceramic stablecoin card, combining stablecoin payment functionality with personalized card designs, further enriching VIP customer benefits and expanding service scenarios beyond trading.As competition among digital asset platforms becomes increasingly diversified, enriching user scenarios and shaping differentiated VIP services have become the core of customer operations. In this collaboration, Echobit leverages Interlace's ceramic card solution to integrate stablecoin payments with everyday consumption scenarios, and through unique materials and exclusive designs, creates a cardholder experience that differs from traditional cards, providing VIP customers with more recognizable exclusive benefits.As a stablecoin infrastructure platform, Interlace focuses on issuing card infrastructure, helping exchanges, wallets, fintech platforms, and financial institutions quickly launch their own branded card projects through API and white-label solutions, supporting virtual cards, physical cards, and customized card designs. As of now, Interlace has issued over 10 million cards, continuously assisting global partners in accelerating the implementation of stablecoin payments.

According to a report by the Korean News Agency, South Korean credit card company Shinhan Card announced that it will collaborate with Upbit's parent company Dunamu to launch a pilot program for token payments based on GIWA Chain in the South Korean credit card industry for the first time. The testing will take place at Shinhan Card's headquarters, where employees will receive tokens issued by Shinhan Card through the GIWA Wallet and complete payments by scanning a QR code.The system uses on-chain identity verification technology Dojang to verify employee identities, allowing only pre-registered wallets to participate in transactions. Shinhan Card stated that it plans to promote commercialization after the relevant legislation is completed and gradually expand the access scope for merchants and the global blockchain network.

According to Bloomberg, Hong Kong cryptocurrency payment card company Redotpay is preparing to submit a confidential IPO application to the U.S. SEC by the end of the year, with a target valuation of at least $5 billion.The report indicates that the company is still negotiating pre-IPO financing with a valuation between $4 billion and $5 billion. Public information shows that the company currently has over 9 million customers and an annual revenue of over $180 million. Redotpay also raised $194 million in 2025, with supporters including the venture capital arms of Coinbase and Circle.

According to Bitcoin.com News, Timothy Wadsworth, a man from Rochester, New York, was sentenced to 51 months in prison for conspiracy to commit wire fraud and money laundering, and was ordered to pay approximately $810,000 in restitution.The U.S. Department of Justice stated that between March and May 2020, Wadsworth initiated 310 unauthorized payments totaling approximately $1.6736 million using account information provided by accomplices through the payment service provider Stripe, of which 116 transactions were successful, amounting to approximately $730,700. He then transferred some of the funds to bank accounts under his control and purchased Bitcoin through Coinbase, which he then transferred to his accomplices.

On October 23, Swedish automaker Volvo Cars announced an additional layoff of 2,500 employees, equivalent to 6% of its total workforce. The financial report released on the same day for the period from July to September 2026 showed an operating loss of 5.5 billion Swedish Krona, compared to a profit of 6.4 billion Swedish Krona in the same period last year; sales fell 23% year-on-year to 66.8 billion Swedish Krona; the final profit and loss was a loss of 4.8 billion Swedish Krona, compared to a profit of 5.1 billion Swedish Krona in the same period last year. The company's stock price once dropped by 30%.The financial report indicated that sales in the Chinese market fell by 41%, and global sales declined by 11%, mainly affected by weak sales in the Chinese and American markets. The sluggish sales of high-end models and the increased proportion of lower-priced models led to a deterioration in profitability, and the impairment losses from fuel consumption credits due to the relaxation of decarbonization regulations in the U.S. also dragged down profitability. Volvo Cars CEO Håkan Samuelsson stated at a press conference on the same day that the old strategy of developing global models in Europe and then selling high-end cars in China is no longer viable; that era has ended.

Rumors of the discontinuation of certain models of NVIDIA consumer graphics cards have stirred the Huaqiangbei market, with graphics card prices changing daily. The official initial retail price of the RTX 5090 is approximately 15,000 to 16,000 yuan, while current channel prices have soared to 55,000 to 60,000 yuan.The initial price of the RTX 5080 was about 8,000 yuan, and it has now risen to 17,000 yuan.

The London Stock Exchange Group (LSEG) data shows that a tanker flying the Maltese flag, carrying 40,000 tons of Russian diesel, is heading to New York, USA.Previously, Russian President Vladimir Putin and U.S. President Donald Trump reached an agreement, with Russia agreeing to lift the diesel export ban and supply diesel to the global market to lower fuel prices.

Toto Finance, a company that converts physical goods into blockchain tokens, has submitted a governance proposal to the Cardano community, seeking to withdraw 22 million ADA (approximately 5 million USD) from the Cardano treasury to establish a "Cardano Strategic Copper Reserve." Voting will close on November 15. The proposal plans to purchase and tokenize copper that meets COMEX standards, with the token CuTT representing each pound of verified physical copper.According to the proposal, about two-thirds of the budget will be used to purchase exchange-grade copper from COMEX-certified warehouses near New Orleans, while the remaining one-third will cover storage, insurance, auditing, oversight, and Toto's operational costs. If the full budget is spent and the ADA to USD price remains unchanged, copper prices would need to rise by approximately 49.4% to recover the treasury investment. The proposal assumes a purchase price of $6.73 per pound and a selling price of approximately $10.06, with plans to hold for 18 to 24 months and sell in the following year, with net profits and unused funds required to be returned to the treasury before the 36th month.Monty Metzger, founder and chairman of Toto, stated that copper has significant upside potential, with an optimistic scenario predicting an annualized increase of about 30%, approximately 69% over 24 months, which could cover the 49.4% breakeven point, but commodity prices could also decline. Toto retains its commercial rights to the CuTT business for separate financing and hopes to scale the tokenized copper asset to $5 billion. The withdrawal limit of 500 million ADA from Cardano will last until around July 2027, and as of October 16, 457.4 million ADA has been used, with this proposal consuming more than half of the remaining quota.

The Reserve Bank of Australia (RBA) stated in the frequently asked questions document regarding retail payment regulation conclusions that the removal of surcharges for the designated card networks eftpos, Mastercard, and Visa starting from October 1, 2026, is in the public interest. The RBA will lift the ban on the "no surcharge" rule for the aforementioned networks from that date, with the changes based on Standard No. 3 of 2016 and the revisions to the merchant card payment costs and surcharge standards in 2026. eftpos, Mastercard, and Visa have all decided to implement the no surcharge rule from that date, generally applicable to their credit, debit, and prepaid cards, including cards issued overseas.American Express, UnionPay, and PayPal have also decided to eliminate surcharges, but are currently not formally regulated by the RBA. American Express and UnionPay will withdraw from their existing commitments with the RBA on October 1, 2026, while PayPal's no surcharge rule will take effect on October 5, 2026. This scope is limited to fees charged due to customer card payments and does not include surcharges for weekends, public holidays, booking fees, or service fees. Merchants must comply with the new card organization rules unless exceptions apply; businesses, non-profit organizations, and inter-business card payments do not receive a general exemption.The reforms will be implemented in phases. Starting from October 1, 2026, a lower interchange fee cap will apply to domestic card transactions; from October 30, designated card networks and large acquirers must publish the specified card payment fee information on their websites. From January 30, 2027, large acquirers must disclose how the decrease in interchange fees is passed on to merchant service fees; starting April 1, the interchange fee cap will apply to transactions involving overseas-issued cards acquired in Australia, and acquirers must also provide merchants with more detailed statements. The RBA stated that businesses can still factor the costs of accepting card payments into their overall pricing and may offer discounts for specific payment methods.