Crypto World Echo

Valkyrie amends Bitcoin Fund S-1 filing with enhanced custody and valuation rules

Valkyrie Investments refiled an amended Form S-1 with the Securities and Exchange Commission on Thursday for its Valkyrie Bitcoin Fund, adding more precise rules around custody, valuation, seed investments, and risks as the cryptocurrency investment vehicle awaits regulatory approval to trade on Nasdaq. The new filing updates the index used to value the fund’s Bitcoin from Lukka Prime to the CME CF Bitcoin Reference Rate – New York Variant, which calculates the reference rate as of 4 PM Eastern

Flanagan leads Minnesota Democratic Senate primary as Craig’s odds decline

<p>Flanagan's lead suggests a potential shift in Democratic strategies, impacting centrist candidates' influence and future party dynamics.</p><p>The post <a href="https://cryptobriefing.com/flanagan-leads-minnesota-democratic-senate-primary-as-craigs-odds-decline/">Flanagan leads Minnesota Democratic Senate primary as Craig&#8217;s odds decline</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

China sets yuan midpoint at strongest level since February 2023

<p>A stronger yuan could reshape global trade dynamics, influence inflation control, and impact commodity markets, including gold prices.</p><p>The post <a href="https://cryptobriefing.com/china-sets-yuan-midpoint-at-strongest-level-since-february-2023/">China sets yuan midpoint at strongest level since February 2023</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

China boosts gold reserves for 21st month, reaching 2,366 tonnes

<p>China's strategic gold accumulation may drive global market shifts, influencing prices and reserve management strategies worldwide.</p><p>The post <a href="https://cryptobriefing.com/china-boosts-gold-reserves-for-21st-month-reaching-2366-tonnes/">China boosts gold reserves for 21st month, reaching 2,366 tonnes</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Oil prices climb as doubts over US-Iran peace deal fuel supply fears

<p>Rising oil prices amid geopolitical tensions could lead to increased economic uncertainty and impact global energy markets significantly.</p><p>The post <a href="https://cryptobriefing.com/oil-prices-climb-as-doubts-over-us-iran-peace-deal-fuel-supply-fears/">Oil prices climb as doubts over US-Iran peace deal fuel supply fears</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Ralph Norman advances to run-off in South Carolina Senate race

<p>Norman's run-off advancement boosts his visibility and nomination odds, impacting the Republican landscape in South Carolina's Senate race.</p><p>The post <a href="https://cryptobriefing.com/ralph-norman-advances-to-run-off-in-south-carolina-senate-race/">Ralph Norman advances to run-off in South Carolina Senate race</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

SEC, CFTC Forge Their Own Crypto Paths as CLARITY Act Stalls Out

As far as digital asset regulation is concerned, the U.S. Securities and Exchange Commission (SEC) is not waiting around for Congress. The agency has scheduled an open meeting for Friday, Aug. 14, to weigh a proposal that could make it easier for crypto companies to raise money without enduring full securities registration. According to a [&#8230;]

Trump’s tax law cuts $1T from Medicaid, threatens California’s Medi-Cal

<p>The Medicaid funding cuts could destabilize state budgets, influencing fiscal policies and voter sentiment on wealth tax initiatives.</p><p>The post <a href="https://cryptobriefing.com/trumps-tax-law-cuts-1t-from-medicaid-threatens-californias-medi-cal/">Trump&#8217;s tax law cuts $1T from Medicaid, threatens California&#8217;s Medi-Cal</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Connecticut Judge Says Kalshi Sports Contracts Were Never Swaps

A federal judge denied Kalshi’s request for a preliminary injunction against Connecticut regulators, holding that its sports-event contracts are not swaps under the Commodity Exchange Act, so the CFTC&#8217;s exclusive jurisdiction never attached. Coinbase Financial Markets lost a companion motion on the same reasoning despite never having received a cease-and-desist. Not Swaps, and Not Preempted [&#8230;]

Brighton faces squad depth challenges ahead of 2026-27 season

<p>Brighton's squad depth issues could hinder their ability to compete effectively across multiple competitions, risking burnout and underperformance.</p><p>The post <a href="https://cryptobriefing.com/brighton-squad-depth-challenges-2026-27/">Brighton faces squad depth challenges ahead of 2026-27 season</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Strategy’s $4.6 billion cash buffer gives it almost 3 years before Bitcoin sales create real stress

Strategy said it held 840,447 BTC as of Aug. 9 and has begun treating its Bitcoin reserve as a source of balance-sheet flexibility.Michael Saylor said Strategy sold $108 million in Bitcoin and $653 million in MSTR shares to increase its dollar reserve by $650 million, and repurchased $109 million of STRC, its variable-rate preferred stock.The timing aligns the three moves without proving that each dollar from the Bitcoin sale directly funded the repurchase. Strategy is also willing to convert a

US bank regulator opens national bank charters to Bitcoin, crypto firms

<p>This regulatory shift could boost institutional crypto adoption, enhancing legitimacy and potentially driving broader market participation.</p><p>The post <a href="https://cryptobriefing.com/us-bank-regulator-opens-national-bank-charters-to-bitcoin-crypto-firms/">US bank regulator opens national bank charters to Bitcoin, crypto firms</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

US government job openings rise to 823,000 in June, highest since June 2025

<p>The surge in federal job openings may signal a shift in public sector priorities, potentially impacting labor market dynamics and economic policy.</p><p>The post <a href="https://cryptobriefing.com/us-government-job-openings-surge-june/">US government job openings rise to 823,000 in June, highest since June 2025</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

UN labour agency reports rise in global youth unemployment amid AI risks

<p>Rising youth unemployment and AI risks highlight the urgent need for systemic reforms to ensure equitable access to quality jobs and skills.</p><p>The post <a href="https://cryptobriefing.com/un-youth-unemployment-ai-risks/">UN labour agency reports rise in global youth unemployment amid AI risks</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Sui Co-Founder Is Building Quantum-Safe Hardware Wallets For $10

Mysten Labs co-founder and chief cryptographer Kostas Chalkias says he has quietly leased a factory to mass-produce quantum-resistant hardware wallet cards for Sui, aiming to keep users safe from a threat that just cost bitcoin holders roughly $130 million. A Personal Mission Kostas &#8220;Kryptos&#8221; Chalkias, co-founder and chief cryptographer at Mysten Labs, the company behind [&#8230;]

This spot Bitcoin ETF only logged six inflow days ever – now investors have until August 17 before forced cash liquidation

Hashdex will stop trading its DEFI Bitcoin ETF after the Aug. 17 close, giving investors a final window to exit before the fund is liquidated.According to an SEC filing, investors who remain after trading ends will receive cash from the liquidation of its Bitcoin holdings by Aug. 28. The eventual payout will reflect the fund’s net asset value after Bitcoin price movements, transaction costs, and other closing expenses.The approaching deadline is already shrinking the fund.Hashdex data showed DEF

Empery Sells 1,635 BTC for $102.2M as Liquidity Tightens

Empery Digital sold 1,635 BTC for $102.2 million after the second quarter, cutting its bitcoin holdings to 1,279 BTC. With most of the remaining BTC pledged against debt and a potential $62.1 million property commitment ahead, the company’s liquidity flexibility has tightened. Empery Cuts Bitcoin Holdings to 1,279 BTC Empery Digital is drawing down its [&#8230;]

CFTC Sues Goliath Ventures Over $397 Million Crypto Ponzi Scheme

The Commodity Futures Trading Commission has charged Goliath Ventures Inc. and its CEO, Florida resident Christopher Delgado, with running a Ponzi scheme built on fraudulent solicitations for bitcoin and ether trading. The complaint was filed in the U.S. District Court for the Middle District of Florida.Roughly 1,600 customers contributed at least $397 million to the scheme, while Delgado and Goliath misappropriated all customer funds. They funded Delgado's personal spending, and issued account

Bitcoin miner Bitdeer unlocks a $1B cash tap that dilutes shareholders by up to 30% to build its AI empire

Bitdeer’s existing at-the-money program could raise up to $1 billion through Class A share sales, about twice the roughly $500 million the Bitcoin miner says it still needs to build its Tydal AI data center.Its latest prospectus supplement filed Aug. 10 sets no minimum sale amount, however, and does not commit the company to sell the full authorization or spend all of it on Tydal.At the filing’s illustrative price of $10.88, a full draw on Bitdeer’s $1 billion ATM capacity would require about 91

FSB Raids Moscow City Crypto Hub in Major Fraud Bust

Russian authorities disrupted nine foreign-coordinated cryptocurrency channels operating out of the Moscow City business district. Over 20 employees from unregistered crypto exchanges and several couriers were detained for their involvement in the laundering operation. Foreign Crypto Laundering Ring Dismantled Russian authorities recently dismantled a financial laundering ring operating out of the Moscow City business district, [&#8230;]