Elon Musk's AI company xAI has launched Grokipedia, an open-source, AI-driven encyclopedia designed to compete with Wikipedia. The platform generates factual summaries for new entries and allows users to request edits or additions, according to the company. Reactions have been mixed over concerns about neutrality and potential bias in content. Wikipedia has created a page on Grokipedia, noting that some of its content may have been adapted from Wikipedia articles.

Bitwise launched the first U.S. Solana Staking ETF (BSOL), attracting nearly $223 million in assets shortly after trading began. The fund offers direct exposure to Solana and earns staking rewards, following recent SEC guidance on proof-of-stake activities.

A beginner-friendly guide outlines six key concepts crucial for securely interacting with smart contracts. Understanding blockchain, gas fees, wallet addresses, private keys, oracles, and audits can help users avoid costly errors and scams.

UBS reported a 74% year-on-year rise in third-quarter net income, reaching $2.5 billion and surpassing the $1.85 billion expected by analysts. Higher revenues, litigation reserve releases, and cost savings from the Credit Suisse integration contributed to the gain.

On-chain analytics firm Glassnode has identified a critical Bitcoin price range between $111,000 and $117,000 based on investor cost basis. The $111,000 level reflects strong buying during recent downturns, while $117,000 corresponds to purchases near all-time highs. A retest of these levels may trigger significant market reactions depending on direction and sentiment.

Stable will launch the second phase of its pre-deposit campaign next week, introducing per-wallet deposit limits to broaden participation. The move follows criticism on X over alleged front-running in Phase 1, where large holders reportedly deposited significant amounts before the public opening, according to user claims and on-chain data.

Australia's corporate regulator has barred Blockchain Global director Ryan Xu from leaving the country amid an investigation into the collapse of its ACX Exchange. The Federal Court issued the travel restriction on October 20, which remains in effect until December 20.

Sequans transferred 970 Bitcoin, worth approximately $111 million, to Coinbase, marking its first major outbound transaction since launching its Bitcoin treasury strategy. The company still holds 2,264 BTC, valued at around $255 million, despite a 27% stock decline since the initiative began. Speculation persists over whether the move indicates a partial sale or a custody reorganization. The transfer occurred as Coinbase reported strong Q3 earnings driven by institutional adoption.