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⚑️ JUST IN: French lawmakers approve a proposal to tax crypto-to-stablecoin conversions at 31.4% starting in 2027.

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πŸ˜› SkyAI Exits SOL

SkyAI, formerly Sharps Technology, sold all its SOL after ranking among the top five public holders in September, with over 2 million SOL. As of October 16, it held $223.8 million in cash.

It plans to buy back up to 95% of shares and warrants at $3 each, spending about $201 million. If fully accepted, about $22.5 million would remain. The SOL price condition above $100 was removed.

SkyAI still wants to build a Solana stablecoin and AI financial platform, but gave no timeline or details.

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⚑️ JUST IN: Arkham will stop providing full transaction histories and filtering to non-enterprise users.

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πŸ˜† Tesla Roadster Deposit Terms

Tesla is accepting deposits of up to $250,000 for its new Roadster, recently shown performing aerial stunts. The company does not guarantee delivery timing, or even that the car will be delivered.

The agreement says the money only secures an approximate place in the order queue. The final price is unknown, but the deposit is fully refundable if canceled before configuration. A quarter-million for β€œwe’ll let you know.” πŸ˜‚

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⚑️ JUST IN: YouTube bans Bitcoin media channel Simply Bitcoin.

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⚑️ JUST IN: Fidelity Digital Assets says Bitcoin is a compelling investment amid currency debasement and inflation.

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One casino was not enough.

PumpFun launched trading in PreStocks, tokens tied to shares of major private companies not yet listed on an exchange. Speculation now extends to assets unavailable on regular stock markets.

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⚑️ JUST IN: Solana's Alpenglow upgrade launches today, aiming to cut transaction finality from 12.8 seconds to 150 milliseconds.

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⚑️ JUST IN: US banking regulator finalizes first rules under Trump’s GENIUS Act for stablecoins and crypto rewards ahead of January 2027 implementation.

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πŸ”Ή Ethereum Sets Glamsterdam Test

Ethereum will launch the Glamsterdam upgrade on the Hoodi testnet on October 26.

The update adds protocol-level separation between block proposers and builders (ePBS) and block-level access lists (BAL), enabling parallel transaction verification and higher mainnet throughput. Gas pricing for data creation and access will also change. A mainnet launch date has not been set.

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πŸ‘οΈ LayerZero Launches Zero Network

LayerZero (ZRO) will launch the Zero mainnet and lzATLAS on November 30. Its first app, Open ATLAS, will support more than 12 trading venues at launch, with more planned by year-end.

lzATLAS is an β€œexchange without an interface,” providing order matching, settlement and risk-management tools. Institutions are testing it for US stocks and fixed-income instruments, where daily trading and settlement exceed $1 trillion. Partner and performance details will follow.

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⚑️ JUST IN: Lighter will apply for a US license next month and integrate into Robinhood's US offering if approved.

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