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According to Business Wire, digital asset infrastructure company BitGo has released its latest financial report, showing a net income of 44.1 million USD for the third quarter of 2026, primarily driven by the appreciation of digital asset treasury, compared to a net loss of 19 million USD in the previous quarter. Adjusted EBITDA loss was 4.3 million USD. Total revenue was 2.85 billion USD, a year-on-year decrease of 50.9%, mainly affected by a decline in digital asset sales activities due to a weak cryptocurrency trading environment.As of September 30, platform assets amounted to 59.9 billion USD, with staked assets at 10.5 billion USD; after adjusting for a uniform price, platform assets and staked assets grew by 32% and 41% year-on-year, respectively. BitGo completed the acquisition of NYDIG's institutional trading business during the quarter and expanded its OKX over-the-counter settlement integration, while also repurchasing 24.7 million USD of common stock. Based on the September 30 price, the end-of-quarter platform assets were 83 billion USD, and staked assets were 16.3 billion USD. The company holds 2,399 of its own bitcoins, valued at 200.4 million USD.

According to SubConnect, its latest Bittensor revenue index shows that the annualized revenue generated by the subnet in the Bittensor ecosystem has risen to approximately 70 million USD. Last month it was about 50 million USD, and two months ago when the index was first released it was about 35 million USD, with a month-on-month growth rate of approximately 40%.

The stablecoin USDC issuer Circle announced its Q3 2026 financial report, with total revenue and reserve income reaching $865 million, a year-on-year increase of 17%. The net profit from continuing operations was $226 million, a year-on-year increase of 5%; adjusted EBITDA was $317 million, a year-on-year increase of 85%.Breaking it down, reserve income was $658 million, a year-on-year decrease of 8%; other income was $207 million, a year-on-year increase of 627%, of which $182 million came from the ARC token presale. In Q3, the average circulation of USDC was $73.3 billion, a year-on-year increase of 8%; on-chain transaction volume reached $13.9 trillion, a year-on-year increase of 49%. At the end of the period, USDC's market share was 27%, and the number of wallets holding over $10 USDC reached 7.3 million, a year-on-year increase of 16%.In terms of business, Circle's payment network achieved an annualized total payment volume of $41.3 billion. The company has signed a definitive agreement to acquire the Singapore cross-border payment platform Tazapay, with the transaction expected to be completed in 2027. Additionally, Circle laid off about 5% of its workforce in Q3 and maintained its full-year financial guidance for 2026.

According to The Block citing News1, Kim Min-seok, the leader of South Korea's ruling Democratic Party, stated that he has officially proposed to the government to postpone the cryptocurrency income tax. This tax law was originally set to take effect on January 1, 2027.During a party meeting, Kim Min-seok mentioned that South Korea should first establish the "Basic Law on Digital Assets," which serves as a legal framework for cryptocurrency, allowing businesses and investors to adapt before taxing cryptocurrency gains.

The stablecoin protocol Sky Protocol's official account posted on November 3, revealing the financial highlights for the third quarter. The official statement indicated that net income was positive for the sixth consecutive quarter, profit margins expanded, and funds continued to be transferred to Sky Reserves.The key data listed by the official source includes: total revenue of $99.29 million, a year-on-year increase of 14.2%; net income of $37.19 million, a quarter-on-quarter increase of 11.8%, marking the sixth consecutive quarter of positive net income. The net income margin was 37.5%, up from 31.0% in the second quarter. The protocol's collateral size was $11.41 billion, a year-on-year increase of 25.3%.During the same period, $28.47 million was transferred to Sky Reserves, with a balance of $85.08 million at the end of the quarter. The supply of sUSDS was $4.52 billion, a year-on-year increase of 118%. The post included a link to the Sky Ecosystem Q3 2026 report published by the Sky Frontier Foundation.

Cryptocurrency exchange Coinbase announced its third-quarter financial report, achieving a net profit of $719 million, equivalent to a diluted earnings per share of $2.51, ending two consecutive quarters of losses; the market had previously expected a loss of $0.15 per share. Approximately $715 million came from the appreciation of cryptocurrency assets held as investments by the company. After excluding related investment income, the adjusted net profit was $78 million. Total revenue was $1.22 billion, in line with expectations, remaining flat quarter-over-quarter and down 35% year-over-year. Trading revenue decreased by 1% to $590 million, but was above analysts' expectations of about $527 million; during the period, cryptocurrency market volatility fell to a multi-year low, and overall market trading volume declined.The prediction market business is expected to achieve an annualized revenue exceeding $200 million, becoming one of the fastest-growing products in Coinbase's history. Daily active traders grew by over 60% compared to the previous quarter, with revenue from this business growing at a compound rate of 82% each quarter since its launch. CEO Brian Armstrong stated that the product "continues to grow even during the off-season for sports events." Subscription and service revenue grew by 3% to $570 million, approaching half of net revenue, with stablecoins contributing $307 million; the average amount of USDC held in Coinbase products reached a record $22 billion, and the number of Coinbase One paid subscribers hit an all-time high, growing 24% year-over-year, with its share of global cryptocurrency trading volume rising to 10.7%, marking the fourth consecutive quarter of increase. CFO Alesia Haas stated that the prediction market has provided another revenue source with lower correlation to cryptocurrency volatility.Coinbase has lowered the midpoint of its adjusted expense guidance for 2026 by $100 million, to $4.15 billion to $4.3 billion, having already implemented cost reductions in May. Adjusted EBITDA grew by 60% quarter-over-quarter to $333 million; as of October 25, fourth-quarter trading revenue is approximately $165 million. In the previous two quarters, the company recorded losses of $394 million and second-quarter results that fell short of expectations. Before the earnings report was released, the stock price closed at $160.59, down 1.1%, with little change in after-hours trading, having fallen over 55% from a 52-week high of $361.4.

Uniswap posted on platform X, stating that applications that charge fees will earn revenue in the tokens used by users for transactions, but most applications only wish to receive one type of token, such as stablecoins, ETH, or the project's own token. Through TJAR, any team can achieve this.

Sky Frontier Foundation released the Sky Ecosystem Q3 report. This quarter's net income reached 37.19 million USD, a quarter-on-quarter increase of 11.8%, marking the sixth consecutive quarter of positive growth, with the profit margin rising from 31.0% to 37.5%.Total revenue from the protocol was 99.29 million USD, a year-on-year increase of 14.2%, but a decrease of 7.4% compared to the second quarter. Total expenses decreased by 16.0% to 62.10 million USD. The protocol's collateral size was 11.41 billion USD, a year-on-year increase of 25.3%, but a decrease of 7.3% compared to the second quarter. The supply of sUSDS was 4.52 billion USD, a year-on-year increase of 118%, but lower than the 5.52 billion USD in the second quarter. This quarter, 28.47 million USD was transferred to the Sky reserve, with the ending balance of the reserves reaching 85.08 million USD.

In Q3 2026, Alphabet's Google Cloud business revenue was $30.71 billion, while the market expectation was $29.566 billion.

The trading platform Robinhood announced its third-quarter financial report, with revenue of $1.42 billion, slightly below Wall Street's expectation of about $1.43 billion; earnings per share were $0.51, lower than the expected $0.55 and also down from $0.61 in the same period last year. Net profit was $476 million, a year-on-year decrease of 14% and a quarter-on-quarter decrease of 17%. This quarter included an unrealized loss of $67 million from Robinhood Ventures Fund I, equivalent to $0.07 per share; adjusted earnings per share were $0.60, a year-on-year decrease of 3%. After the financial report was released, the stock price fell in after-hours trading, closing at about $94.61 on Tuesday, a cumulative decline of about 18% for the year.By business segment, event contract revenue increased from $156 million in the second quarter to $173 million, with customer trading volume reaching a record 16.4 billion contracts, more than seven times that of the same period last year. Cryptocurrency trading revenue rebounded from $100 million in the second quarter to $120 million, but was down 55% from $268 million in the third quarter of 2025; this quarter's cryptocurrency trading volume was $50 billion, a year-on-year decrease of 38%, with $21 billion from in-app and $29 billion from its acquired exchange Bitstamp.Robinhood narrowed its guidance for adjusted operating expenses and equity incentive costs for 2026 to $2.675 billion to $2.75 billion, lowering the previous upper limit of $2.775 billion. A few hours before the financial report was released, the company announced a partnership with Ripple to introduce the stablecoin RLUSD to Robinhood Chain and Bitstamp, with plans to launch it in-app later this year; RLUSD has a market capitalization of over $2.5 billion, and Ripple will also provide fund management software and lending services for Bitstamp traders. Robinhood Chain went live as a Layer 2 network on July 1, generating about $3.13 million in fees within 30 days as of the end of August, surpassing Ethereum and Base.

JUST released an open letter to JST holders and launched the JST 2026 Q3 and October key progress report. The letter pointed out that a total of 1,881,973,007 JST has been repurchased and destroyed over five rounds, accounting for 19.01% of the initial maximum supply, with approximately 118.15 million USD invested in repurchase and destruction. JUST DAO upgraded the JST repurchase and destruction mechanism in October, which will shift to being based on sustainable ecological income, and plans to invest approximately 20.34 million USD of excess funds into repurchase in four phases starting from Q4 2026, while retaining at least 50 million USD as a treasury safety reserve.The report also showed that JustLend's quarter-end TVL remained above 7 billion USD, with approximately 21.24 million transactions in GasFree Q3. As the repurchase funds shift from historical income reserves to sustainable ecological income, the deflationary path of JST and ecological growth are gradually forming a closer linkage.

The GMX governance forum has released the GMLabs-003 proposal, which plans to use all remaining protocol revenue after the GT buyback on the Solana side to repurchase GMX. The purchased tokens will be added to the staking rewards pool, and the GT buyback mechanism will remain unchanged.The proposal also intends to introduce a 180-day unbonding waiting period for existing and new GMX and esGMX staking positions on Arbitrum and Avalanche, calculated from the submission of the unbonding request, with the previously staked time not counted. Pending requests can be canceled, and existing positions do not need to be migrated. The above adjustments are scheduled to be implemented on October 28, depending on the readiness for implementation.

Meta Platforms (META.O) CEO Mark Zuckerberg stated that the revenue generated per user by Muse AI in the future may exceed that of its Family of Apps.

According to the official website of the State Taxation Administration, the Taxation Administration has issued a reminder for offshore trust taxpayers to declare and pay individual income tax on offshore trust income before the transition period ends on October 22. Those who complete the declaration and payment during the transition period will not incur late fees.According to the "Announcement on Matters Related to Individual Income Tax for Offshore Trusts" (Announcement No. 21 of 2026) issued by the Ministry of Finance and the State Taxation Administration on July 24, offshore trust taxpayers are required to declare and pay taxes on offshore trust income. The announcement provides taxpayers with a 90-day transition period, during which the tax authorities will offer tax guidance and tax filing services.

Hyperdash co-founder Hans stated that Hyperliquid's AQAv2 mechanism has formed a new source of revenue. The AQAv2 treasury wallet completed its first payment, paying $14.58 million for the USDC reserves held by the trading platform over the past 30 days. The related funds will enter the aid fund for purchasing HYPE.According to this mechanism, after users bridge USDC to Hyperliquid, Circle will mint the corresponding assets on HyperEVM and charge a daily fee on the treasury balance, settling every 30 days. Coinbase and Circle each staked 500,000 HYPE; if they fail to make payments on time, Coinbase could lose 2% of its staked amount daily. Hans mentioned that Hyperliquid's previous revenue mainly came from trading fees, while AQAv2 allows the platform to earn revenue from the margin deposits themselves, regardless of whether the related funds participate in trading.The first payment covers the period from August 26 to September 24, with an implied average rate of about 3.14%, estimating an annualized revenue of approximately $193 million based on the current scale. From January 1 to September 30 of this year, Hyperliquid's open contracts increased from $7.72 billion to $16.4 billion, and the platform's margin rose from $4.34 billion to $7.22 billion. During the same period, perpetual contracts had a cumulative trading volume of about $2 trillion, and the protocol earned $493.3 million in fees, equivalent to about 2.46 basis points per dollar of trading volume.Based on this year's average trading speed and the current AQAv2 fee rate, each $1 of margin can contribute approximately 15.4 cents in revenue to the protocol annually, with about 12.5 cents coming from trading fees and about 2.8 cents from AQAv2. Hans expects that under a baseline scenario where the stablecoin scale grows by 20% annually and Hyperliquid maintains its current market share of about 8.7%, the protocol's annual revenue could increase from the current approximately $1.11 billion to $2.4 billion by the end of 2030.

HL HUB (Community) posted on platform X that Hyperliquid expects to receive its first AQAv2 reserve yield distribution tomorrow. Approximately $14.5 million in passive income generated from USDC reserves will flow into the Assistance Fund for the purpose of repurchasing HYPE.It is reported that the revenue sharing mechanism of AQAv2 stipulates that Hyperliquid stablecoin deployers must allocate 90% of the reserve income from the stablecoin to the Hyperliquid protocol, and these earnings will be used 100% for the repurchase and destruction of HYPE tokens.The stablecoin reserve income distribution is settled on a 30-day cycle, and the income will automatically transfer to the Assistance Fund on the 8th day after the cycle ends. The formal revenue accrual will begin on August 26, and the first income payment will occur on October 3.

Founder of Strategy, Michael Saylor, stated in a post that Bitcoin is digital capital, MSTR is digital equity, and STRC is digital credit.The company's corporate strategy is to create two complementary products from Bitcoin capital: MSTR provides leveraged Bitcoin exposure and holds ownership of a growing digital credit business; STRC aims to reduce volatility, compress duration, and provide dollar returns. Creating digital credit requires active management of the entire balance sheet, including Bitcoin, dollars, debt, preferred stock, and common stock, involving multiple decisions regarding capital, liquidity, priority, dividend rates, payment frequency, and investor terms.The company's goal is to create the highest quality digital credit products: supported by financial resilience, disciplined capital allocation, and a more stable investor experience to provide attractive dollar returns. Dividends are visible outputs, but the quality of the underlying system is the core work.The company engineers products by managing capital, debt, and liquidity. Investors seeking Bitcoin price exposure can directly hold BTC or spot Bitcoin funds; meanwhile, MSTR investors buy equity in a company that simultaneously seeks Bitcoin leveraged exposure and digital credit business growth, accepting amplified volatility and downside risk. STRC investors pursue a different experience: dollar returns, reduced price volatility, and shorter duration characteristics, relying on the company's capital strength, priority debt position, dollar liquidity, and active management to achieve this.The two are interconnected—capital structure directs more volatility and return potential of Bitcoin towards common stock, thereby providing credit investors with more stable income claims. The company manages the balance sheet uniformly, creating leveraged exposure for equity investors and dampened exposure for credit investors, both relying on the company's strength and execution quality.To achieve this goal, Strategy continuously manages various levels of the capital structure, including issuing and repurchasing STRC, distinguishing between payment reserves and allocated cash, adjusting dividend rates, optimizing security terms, and seeking shorter durations and longer payment runways.The company emphasizes that digital credit is a discipline that requires continuous practice: stripping volatility, compressing duration, and extracting returns from Bitcoin capital. Bitcoin itself does not pay interest, and Strategy pays dividends through security terms. The ultimate goal is to build stronger digital credit and create greater long-term value for MSTR shareholders, reinforcing the quality of capital and equity value.