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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

Kinetic’s $24 million XRP-linked lending market showed a 0.04% base rate before rewards

Kinetic’s November 1 snapshots separate modest FXRP loan demand from collateral use and incentive-supported returns.Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Binance can cut a winning Bitcoin hedge even when customer assets are backed

Binance says only surplus futures reserves were reallocated, while ADL rules can still reduce an opposing profitable position.Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your...

OpenAI’s Pando cuts Git push latency by about 80% for its monorepo

OpenAI's Pando showcases AI's potential to revolutionize software infrastructure, enhancing efficiency and scalability in development processes.The post OpenAI’s Pando cuts Git push latency by about 80% for its monorepo appeared first on Crypto...

Nvidia AI Cluster Runtime packages Dynamo into tested Kubernetes recipes

Nvidia's AICR simplifies AI deployment on Kubernetes, enhancing reliability and compliance, but requires up-to-date infrastructure.The post Nvidia AI Cluster Runtime packages Dynamo into tested Kubernetes recipes appeared first on Crypto Briefing.

Tether CEO says company now holds about 150,000 Bitcoin

Tether's significant Bitcoin holdings highlight the growing intersection of stablecoins and volatile assets, impacting crypto market dynamics.The post Tether CEO says company now holds about 150,000 Bitcoin appeared first on Crypto Briefing.

Tom Lee calls Ethereum’s 4% post-hack fall bullish

Tom Lee believes crypto's muted reaction to Binance's $6.3 billion hack is another sign that a bull market is underway. The BitMine chairman pointed to Ethereum's roughly 4% decline following the Oct. 29 theft, which was more than four...

Salesforce agrees to acquire AI startup Cresta for about $2.7 billion

Salesforce's acquisition of Cresta could accelerate AI-driven customer service innovation, enhancing efficiency and potentially reshaping industry standards.The post Salesforce agrees to acquire AI startup Cresta for about $2.7 billion appeared first...

Y Combinator CEO Garry Tan says he spends up to $200,000 a year on AI tokens

Tan's AI spending highlights a shift in startup economics, emphasizing AI as a core cost and altering early-stage company resource allocation.The post Y Combinator CEO Garry Tan says he spends up to $200,000 a year on AI tokens appeared first on Cryp...

Binance warns of second wave of crypto theft as $6.3 billion hack recovery continues

The November 2 update says the full proof is complete, while replenishment remains about 95% and broader token coverage is planned.Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in...

Ohio teachers’ pension boosts Strategy stake by 83% to 110,011 shares

Ohio's pension fund's increased stake in a Bitcoin-heavy stock signals growing institutional acceptance of cryptocurrency-linked investments.The post Ohio teachers’ pension boosts Strategy stake by 83% to 110,011 shares appeared first on Crypto...

OpenAI says 250 million people talk to ChatGPT every week

The rise in ChatGPT's voice usage highlights a shift towards more accessible, hands-free AI interactions, impacting user engagement and expectations.The post OpenAI says 250 million people talk to ChatGPT every week appeared first on Crypto Briefing.

Binance Hack Funds Spread Across 12,000 Wallets in Under Four Days

Funds stolen from Binance passed through approximately 12,000 wallets in under four days, Elliptic found. The operation spanned 11 blockchains, while the firm assessed that only a negligible amount had likely been cashed out. Thousands of Wallets Exp...

Designing for sovereignty: Ethereum for digital public infrastructure

Public services increasingly rely on digital systems that enable institutions to collaborate across organizational and national boundaries. Such cooperation may involve government agencies verifying documents issued by other authorities, or humanitar...

OpenAI says ChatGPT search volume has reached about one-fifth of Google’s

ChatGPT's rising search volume highlights a shift in user behavior, challenging traditional search engines and impacting web traffic dynamics.The post OpenAI says ChatGPT search volume has reached about one-fifth of Google’s appeared first on C...

OpenAI hires former defense secretary Mark Esper to expand military AI efforts

OpenAI's shift towards military AI, marked by Esper's hiring, could significantly impact defense tech dynamics and ethical AI deployment standards.The post OpenAI hires former defense secretary Mark Esper to expand military AI efforts appeared first...

North Korea denies involvement in $6.3B Binance hack, calls FBI claims absurd

Kim Yo Jong denies North Korea's role in the $6.3B Binance hack, calling FBI allegations absurd rhetoric as US authorities investigate.The post North Korea denies involvement in $6.3B Binance hack, calls FBI claims absurd appeared first on Crypto Bri...

Tether freezes $4.5 million as Mercado Bitcoin hacker holds $46 million in crypto

The exchange said restoration work was continuing and released tracking addresses, without giving a reopening timetable or financial amount.Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Ca...

Crypto Bank Custodia Urges Supreme Court to End ‘Tyranny’ of Federal Reserve

Custodia Bank has filed a reply brief urging the U.S. Supreme Court to review a 10th Circuit decision that allowed regional Federal Reserve banks to deny master accounts to eligible institutions. Supreme Court Appeal Crypto-focused Custodia Bank has...

Strategy’s deployable cash falls 45% as buybacks outpace Bitcoin purchases

Strategy‘s deployable USD Cash fell 45.3% during the week ended Nov. 1, from $242 million to $133 million, as preferred-stock buybacks exceeded its Bitcoin purchases. That balance is available for broader treasury uses. Strategy also held a separate...

Your Diving Board Into The Vast Pool Cryptocurrencies Have Become by Johan Vranckx
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