DATA Network plans to retire its independent blockchain and migrate its AI training data registry, Trace, to the Sui blockchain, with Walrus handling encrypted file storage. The Sui Foundation is investing $30 million and becoming the largest institutional holder of DATA Network. The migration aims to leverage Sui's programmable rights and settlement capabilities, though the exact timeline and economic impact on SUI token demand remain unclear. DATA tokens will migrate one-for-one to Sui, preserving existing locked and vesting positions, while the old chain remains active until the transition completes. The move could increase activity on Sui, but actual network fees and adoption levels will depend on future usage and commercial licensing activity.
DATA Network's migration plans to Sui come as 39 of 50 major cryptocurrencies on Pluang rose today. For readers following cryptocurrency markets, here is Pluang's snapshot as of Oct 12, 2026 15:31 WIB: SXP fell sharply by 46.27% to Rp37 with a typical hold time of 94 days, FIL rose 13.89% to Rp22,200 with 78% sell order activity, and ALGO increased 11.67% to Rp2,373 with 58% buy order activity and a typical hold time of 130 days.
Rezolve AI announced that Arthur Yao, their Group CFO, will participate in the Consumer & Lifestyle Panel at the Maxim Growth Summit 2026 on October 13. The panel will focus on the rise of agentic commerce and its effects on consumer and lifestyle se...
STMicroelectronics repurchased 346,538 of its ordinary shares on Euronext Paris between October 5 and 9, 2026, spending about €17 million at an average price of €49.24 per share. This buyback, representing 0.04% of its issued share capital, aims to f...
Freshworks Inc. has signed an agreement to acquire Torii, a leader in SaaS and AI spend management, to extend its Freshservice platform. This acquisition aims to provide IT teams with comprehensive visibility and control over software and AI usage, c...
This week, five major U.S. banks—JPMorgan Chase, Goldman Sachs, Wells Fargo, Citigroup, and Morgan Stanley—are set to release their third-quarter earnings. The reports come amid a challenging market environment where bank shares have declined due to ...
Nano Labs Ltd announced its 2026 Annual General Meeting on November 24, 2026, in Hangzhou, China. The meeting will seek shareholder approval for a share consolidation (10-to-1), re-designation of shares into Class A and B, and a conditional share sub...
