TokenPost reporter
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Stories by John Kim
- Abu Dhabi Accelerates Fujairah Pipeline to Double ADNOC Export Capacity by 2027
The West-East Pipeline will expand access to Fujairah on the Gulf of Oman, bypassing the Strait of Hormuz for shipments.
· Business
- Applied Materials Adds Kioxia to EPIC Center for AI Memory Work
The companies will develop memory structures, chip-stacking methods, advanced packaging and materials engineering for higher storage density and performance.
· Business
- Bitget Lists Concrete’s CT Token for CT/USDT Trading Pair
Deposits and spot trading are open for Concrete’s CT token on the Bitget exchange.
· Business
- South Korea’s September Exports Hit Record $120.944 Billion
Exports rose 83.5% year over year, while semiconductor shipments surged 262.8% to $60.3 billion amid strong memory-product demand.
· Business
- BitMart Proposes Three Exit Options for Users Amid Balance-Sheet Gap
The preliminary plan would let users receive cash, stablecoins and major tokens, pursue stolen assets or accept a token tied to future recoveries.
· Business
- Meta Targets Enterprise AI as Advertising Provides 97.6% of Revenue
Meta launched its enterprise AI business with products including Muse agents, Muse API and Muse Code as capital spending rose and free cash flow fell.
· Business
- Dunamu Plans On-Chain Finance Expansion Beyond Upbit Exchange
The strategy would connect South Korean financial firms with global on-chain systems and consumer payment platforms, including a potential Naver Financial partnership.
· Business
- Hut 8-Linked Bidder Stays in Race as Poolin Restarts $180M Auction
The Texas Bitcoin mining asset auction will reopen Oct. 2 after Poolin selected a $140 million offer amid bidding disputes.
· Business
- Binance Will Remove Three USDT-Margined Perpetual Contracts
Trading restrictions begin Oct. 5, with all positions closed and automatically settled at 5 a.m. ET (09:00 UTC).
· Business
- Hut 8’s Poolin Texas Bitcoin Assets Return to Auction at $180 Million
A New Jersey bankruptcy court reopened bidding after negotiations failed, with Hut 8’s affiliate retaining stalking-horse status and a public auction set for Oct. 2.
· Business
- Hut 8 Stays Lead Bidder as Poolin Texas Assets Return to Auction
The proposed deal includes $100 million at closing and up to $80 million in milestone payments tied to future data-center development.
· Business
- Micron to Increase Stock Buybacks Beginning Dec. 9, 2026
The chipmaker generated $44 billion in operating cash flow and $33.2 billion in free cash flow during fiscal 2026’s fourth quarter.
· Business
- Micron Plans to Increase Stock Buybacks Starting Dec. 9
CFO Mark Murphy said the company generated $44 billion in operating cash flow and $33.2 billion in free cash flow during fiscal fourth quarter 2026.
· Business
- Decrypt Announces Solana-Based Information Exchange With MYR
The platform will combine news, data, prices and probabilities with prediction markets, spot trading and other financial products rolling out in stages.
· Business
- Micron Sees Tighter Memory Supply Through 2028 as AI Demand Drives Spending
The chipmaker expects $61.5 billion in fiscal first-quarter revenue and plans about $25 billion in capital spending during fiscal 2027’s first half.
· Business
- Micron CFO Projects $61.5 Billion Revenue for Fiscal 2027 First Quarter
Mark Murphy forecast earnings of $38.15 per share and said the quarter would mark the low point for fiscal 2027 gross margin.
· Business
- OUSD Launches With Five Partners Pledging More Than $1 Billion
The dollar-pegged stablecoin supports payments, settlement and foreign exchange across Base, Ethereum, Solana and Tempo.
· Business
- GMI Cloud Completes $668 Million Financing With NVIDIA Participation
The financing includes $223 million in equity and $445 million in credit, with ARCHIV leading the equity round.
· Business
- Bybit Reports $19.6 Billion in Covered Assets Across 50 Tokens
The exchange’s 40th disclosure added 10 tokens and showed reserve coverage above 100% for every asset in scope.
· Business
- WisdomTree’s Tokenized Funds Surpass $1.2 Billion Across Eight Networks
The platform grew from about $770 million at the start of 2026 and now includes 15 SEC-registered funds across eight public blockchains.
· Business
- Robinhood Plans to Expand Tokenized Stock Offerings to Thousands
CEO Vlad Tenev said the platform is also preparing private-company stock tokens after offering about 200 tokenized equities.
· Business
- Solana Company Raises $15 Million at About 5% Premium
The listed Solana treasury company plans to use the proceeds for additional Solana purchases or share repurchases.
· Business
- BitMart Offers Users Three Preliminary Paths in Restructuring Plan
The exchange proposed immediate distributions, recovery tokens tied to a 2021 cyberattack and a future-profit token as it reviews its balance sheet.
· Business
- Uphold Launches $19.99 Crypto Inheritance Service for U.S. Users
Vault Inheritance supports Bitcoin, XRP and Hedera through an assisted self-custody wallet, with a 30-day free trial and compliance review required before transfers.
· Business
- BitMart Proposes Plan to Address Users’ Unsettled Balances
Users could receive liquid assets or exchange dollarized balances for Restitution or Continuum tokens. BitMart plans to consult its 50 largest users over the next three to four weeks.
· Business
- TSMC Sets Oct. 15 Earnings Call as AI-Chip Demand Comes Into Focus
The chipmaker expects third-quarter revenue of $44.6 billion to $45.8 billion, with gross profit margins of 65% to 67%.
· Business
- Micron Raises Quarterly Outlook as Adjusted Gross Margin Reaches 87%
The memory-chip maker projects $61.5 billion in revenue for its fiscal first quarter, above the $56.8 billion market forecast cited in its results.
· Business
- Micron Revenue Jumps 379% as AI Demand Supports Bullish Outlook
The chipmaker forecast $61.5 billion in fiscal first-quarter revenue, plus or minus $1.5 billion, with adjusted gross margin near 86.25%.
· Business
- Factory CEO Says Former Adviser Had Confidentiality Concerns After Joining Cognition
Matan Grinberg said he removed Chris Degnan after Degnan disclosed ongoing talks with Factory’s rival, which later hired him as chief revenue officer.
· Business
- Micron Beats Estimates With $54.23 Billion Revenue on AI Demand
Adjusted earnings reached $33.42 per share, while quarterly revenue nearly quadrupled from a year earlier as memory supply remains tight.
· Business
- Flow Engineering Raises $50 Million at $750 Million Valuation
The San Francisco company’s Series B will support AI and systems-engineering teams, product reviews, certifications and sales expansion.
· Business
- Aerodrome and Velodrome Plan 2026 Merger Under Aero
The proposed combination would connect liquidity and incentive governance across Base, Optimism and Ethereum mainnet.
· Business
- Visa and Mastercard Join More Than $1 Billion in OUSD Commitments
Open USD launched Sept. 30 across Ethereum, Base, Solana and Tempo, with businesses able to mint and redeem the token at 1:1 without fees.
· Business
- Ondo Stocks Surpasses $1 Billion in TVL as SEC Framework Takes Shape
The platform offers more than 260 tokenized U.S. stocks and ETFs to eligible non-U.S. users across Ethereum, Solana and BNB Chain.
· Business
- Cboe Extends S&P 500 Options Rights Through 2051, Leaves Room for Tokenized Options
The agreement preserves Cboe’s exclusive SPX options rights while allowing exploration of tokenized options without committing to a product or launch date.
· Business
- Open USD Launches as Stripe’s Default Stablecoin for Businesses
Mastercard’s distribution route runs through BVNK, Visa is offering limited beta access, and Coinbase is scheduled to follow Oct. 1.
· Business
- Lloyds and Visa Complete $750,000 USDC Cross-Border Pilot
The completed pilot used USD Coin (USDC) to settle a cross-border transaction involving the bank and payments company.
· Business
- OpenAI’s Sora Shutdown Ends Its Planned Disney Expansion
OpenAI closed Sora’s web and app experiences April 26 and scheduled the API for discontinuation Sept. 24. Disney had planned a $1 billion equity investment.
· Business
- Blast Kills One at India’s Mangalore Refinery, Disrupting Fuel Exports
The incident injured 12 people and forced the company to cancel spot tenders for diesel, jet fuel and reformate.
· Business
- Destro AI Raises $8 Million to Expand Warehouse Robot Coordination
The Brooklyn-based company will use the seed funding for enterprise deployments, product development and engineering and research hiring.
· Business