Polymarket early investor Haseeb refutes reports of founder misappropriating funds, calls it a smear piece

Odaily reports: Solana will launch its major network upgrade Alpenglow on Wednesday, one of its largest network architecture upgrades since 2020. The upgrade will replace the existing system with a new validator voting mechanism, using off-chain voting and certificate mechanisms to shorten the target transaction finality time to approximately 150 milliseconds—roughly a 40x improvement over the current ~6 seconds.Alpenglow will also eliminate per-vote on-chain voting fees for validators, replacing them with a fixed admission fee of 0.8 SOL per Epoch, which is expected to reduce related costs by approximately 60%. The upgrade previously underwent multiple testnet restarts and was once rolled back due to a migration failure; after a subsequent successful migration, it paved the way for the official launch. The switch is scheduled to begin at Epoch 1064 and will be completed after a transition of 5,000 slots. (CoinDesk)

According to Odaily, NVIDIA plans to invest in four German startups: robotics company Agile Robots, medical software company Avelios Medical, AI audio-video generation company Mirelo, and satellite manufacturer Reflex Aerospace. This investment plan is part of NVIDIA's commitment to invest nearly $10 billion in Europe, aimed at advancing the development of Europe's AI industry.German Chancellor Merz, along with Germany's Federal Ministry for Economic Affairs and Energy, the Federal Ministry of Research, Technology and Space, and NVIDIA, signed a declaration of intent on the same day, planning to cooperate around physical AI models and promote the application of AI in robotics, industrial equipment, and manufacturing. Merz also called on German small and medium-sized enterprises to fully leverage existing industrial data and accelerate the implementation of AI technologies. (TFN)

Odaily: South Korean retail investors have lost a combined 6.31 trillion Korean won (approximately $4.8 billion) on single-stock leveraged exchange-traded products. Data submitted by the Financial Supervisory Service (FSS) to an opposition lawmaker shows that retail investors at ten South Korean brokerage firms incurred these losses on single-stock ETPs between May 27 and August 14. The FSS's methodology includes both realized gains and losses as well as unrealized losses on open positions. Of the total, realized losses amounted to 2.32 trillion won, while unrealized losses stood at 3.99 trillion won.Investors in their 40s recorded the largest losses, with 165,200 accounts incurring a combined unrealized loss of 2.05 trillion won; investors in their 50s saw 158,000 accounts lose a combined 1.87 trillion won; and investors in their 30s had 117,300 accounts lose a combined 1.09 trillion won. In terms of average loss per account, older investors fared worse, with investors aged 70 and above losing approximately 29.94 million won per account on average.

According to an official announcement, Binance will adjust the minimum price movement unit (TickSize) for USDT-margined perpetual contracts including BILLUSDT, IDOLUSDT, ESPORTSUSDT, BRUSDT, and AGTUSDT on October 22, 2026, at 14:30 (UTC+8). This adjustment will not affect existing orders or contract trading operations.

Odaily reports that, according to Lookonchain monitoring, after depositing USD1 into Aster DEX, 5 wallets opened long positions on a total of 16,287 SPCX with 5x leverage. The position value is $2.63 million, and they currently have floating profits of $223,000.

Odaily reports: Haseeb Qureshi posted that recent reports claiming Polymarket founder Shayne Coplan was "caught red-handed misappropriating company funds" are "a complete smear piece." He stated that Shayne did not take a salary in the early days of the startup, working from an apartment at age 21 and barely keeping operations afloat; his fund was the first term sheet Polymarket received, and he had even proactively offered Shayne a personal loan. Haseeb said that each expense Shayne disclosed, annualized, amounts to roughly the annual salary of a software engineer, includes travel, and none were personal trips; the related bookkeeping and repayment process was initiated by Shayne himself, and the funds were ultimately fully repaid to the company and converted to normal salary.Haseeb said this is an accounting issue rather than an integrity issue, and stated that as an investor he has full confidence in Shayne.