US stocks opened with broad declines in the storage and optical communication sectors, with SanDisk falling 1.4%.

UK Announces New Round of Russia Sanctions, Targeting Crypto Platforms Over Sanctions Evasion The UK has unveiled a new round of sanctions on Russia, with 38 designations targeting three cryptocurrency trading platforms, two payment platforms, one associated individual, and a Moscow-based bank, on suspicion of helping Russia evade financial sanctions. Cryptomus and Heleket are listed as aliases of the same entity, Xeltox Enterprises Ltd (also known as Certa Payments Ltd, registered in Canada); TokenSpot CJSC is registered in Kyrgyzstan. The same sanction batch also includes Kyrgyz payment platform Tsunami Payments LLC. On-chain analytics firm TRM Labs said TokenSpot has transferred over $950 million total to sanctioned platforms Grinex, Garantex, and the Kremlin-backed A7 network. TRM assessed in April that Cryptomus and Heleket have operational links, adding Heleket is likely a parallel service launched by Cryptomus to continue processing large-scale funds. On October 6, TRM further determined TokenSpot shares wallet infrastructure with Grinex, operating under the same activity set. TRM’s April data also shows that in on-chain transactions between Cryptomus and Garantex, Cryptomus received over $204 million and sent out $101 million.

According to an official announcement, Huobi HTX launched NMR/USDT spot and grid trading at 21:30 (UTC+8) on October 8. NMR deposit services are now open, while withdrawal services will be available at 21:30 on October 9. As noted, Numerai is a decentralized data science competition platform focused on stock market prediction. It offers encrypted and obfuscated financial data, which data scientists leverage to build machine learning models for forecasting future stock performance.

Dong察 Beating AI News Flash: ByteDance’s Jimo AI overseas version Dreamina has officially launched its film and television content label Dreamina Originals, calling for submissions of film and series projects from film studios, professional creators, and AI production teams. Selected projects will receive video generation credits, technical support, and promotion and distribution resources. For film projects, the recommended runtime is no less than 90 minutes; applications require a story or script plus preliminary visual materials or sample reels. Selected projects can get up to 15 million Dreamina credits, alongside priority computing power, one-on-one technical guidance, film festival submission support, and distribution backing. For series projects, each episode is recommended to be at least 3 minutes, with a total runtime of around 100 minutes. S-level projects qualify for unlimited credits based on production needs. A-level projects can receive up to 1 million credits per episode, plus up to $10,000 in paid promotion support usable on platforms including YouTube, TikTok, Instagram, and X. This past August, Jimo launched its domestic film and television initiative “Jimo Studio” for film and series project submissions; Dreamina is now bringing this same model to international markets.

According to HTX market data, DRV saw a short-term sharp rally, breaking above $0.42 with gains exceeding 20%. Tokens including LIT, ETHFI, and AAVE also rallied in the short term. Citrini Research, the institution that published the "AI Doom Report", is suspected to have disclosed its cryptocurrency investment portfolio, which includes DRV, LIT, ETHFI, and AAVE.

Pyth DAO has announced the passage of proposal OP-PIP-136, committing to allocate 100% of funds received from its Pyth products to purchasing PYTH tokens for its reserves, covering Pyth Pro subscriptions, Listing as a Service, the Data Marketplace, and Pyth Indices. Previously, reserves had conducted monthly open-market purchases since December 2025, using one-third of the DAO’s non-PYTH balance per transaction and requiring separate votes for each purchase. The new policy replaces this with a one-time long-term authorization, and existing non-PYTH assets will also be included in the same purchase path. The first batch of purchases under the new rule was executed on September 30, with the DAO’s current PYTH reserve holdings standing at approximately 42 million tokens.

According to HTX market data, PYTH saw a short-term rally that broke through $0.086, surging over 12%. On the news front, Pyth DAO passed a proposal to allocate 100% of its product revenue to PYTH buybacks.