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

Solana ranks as top chain for stablecoin lending yields

Solana's high stablecoin lending yields may attract more depositors, but liquidity risks and reward volatility could pose challenges.The post Solana ranks as top chain for stablecoin lending yields appeared first on Crypto Briefing.

Abdul El-Sayed proposes freeze on advanced AI development

El-Sayed's AI development freeze proposal highlights growing concerns over unchecked technological advancements and the need for regulatory oversight.The post Abdul El-Sayed proposes freeze on advanced AI development appeared first on Crypto Briefing...

Marvell targets $30 billion in custom silicon revenue by FY2031

Marvell's ambitious revenue target highlights the growing importance of custom silicon in AI infrastructure, but market concentration poses risks.The post Marvell targets $30 billion in custom silicon revenue by FY2031 appeared first on Crypto Briefi...

S&P executes first-ever onchain derivatives swap

The onchain derivatives swap by S&P DJI could revolutionize institutional trading, enhancing efficiency and reducing transaction costs.The post S&P executes first-ever onchain derivatives swap appeared first on Crypto Briefing.

Nvidia’s share of China’s AI chip market falls to 34% as Huawei closes in

US export controls and China's push for AI self-sufficiency are reshaping the global AI chip market, challenging Nvidia's dominance.The post Nvidia’s share of China’s AI chip market falls to 34% as Huawei closes in appeared first on Crypt...

Mysten reports Sui’s first native quantum-safe devnet transaction

Sui's quantum-safe transaction milestone signals a pivotal shift towards enhanced blockchain security, potentially influencing future cryptographic standards.The post Mysten reports Sui’s first native quantum-safe devnet transaction appeared fi...

Broadcom CEO compares AI investors to casino gamblers, Moneta’s Devitt pushes back

Broadcom's CEO highlights potential funding constraints in AI growth, urging investors to discern between profitable suppliers and loss-making labs.The post Broadcom CEO compares AI investors to casino gamblers, Moneta’s Devitt pushes back appe...

Federated Hermes plans its first onchain fund shares

Federated Hermes' onchain fund shares could revolutionize asset management, streamlining operations and expanding digital investment opportunities.The post Federated Hermes plans its first onchain fund shares appeared first on Crypto Briefing.

Saudi-led coalition warns Sanaa civilians of imminent military operation

The warning signals potential escalation in Yemen's conflict, affecting regional stability and market perceptions of military engagement.The post Saudi-led coalition warns Sanaa civilians of imminent military operation appeared first on Crypto Briefi...

Gina Raimondo warns against isolationist AI strategies

Global cooperation in AI governance is crucial to mitigate economic and security risks, fostering innovation and stability across nations.The post Gina Raimondo warns against isolationist AI strategies appeared first on Crypto Briefing.

Curacao Scraps Hacked Licensing Portal, Misses Its Own Update Deadline

Curaçao’s gambling regulator says the online portal it uses to license offshore casinos will not return after the hack it disclosed in September. It aimed to give details of interim arrangements by Oct. 9, but had published none by Tuesday morning. N...

Bitcoin Price Surges Past $83.5K as Kucoin and MEXC Go Dark in Korea

South Korea has ordered domestic access blocks on 27 unregistered offshore crypto exchange websites, including Kucoin, MEXC and BingX, extending an earlier ban on their mobile apps to the web. What Exactly Got Blocked? Korea’s Financial Intelli...

XRP Price at $1.37 Leaves Evernorth’s $214M XRP Buy 46% Underwater

Evernorth named former Coinbase Asset Management co-CIO Hugo Jeandesboz to run its 473 million XRP treasury on debut day, and XRPN still closed at $16.91, 68% below its $53 high. The Hire Nobody Was Pricing in Evernorth used its first day as a Nasdaq...

Robbers Tied up a UK Crypto Trader at Knifepoint and Took $800K

A UK-based crypto trader says intruders taped him up, held him at knifepoint, and robbed him of $800,000 on Monday night. The wallet he flagged shows roughly $756,000 parked there before being moved out. “No, This Is Not Satire” The news...

How Singapore Stablecoin Rules Could Reorder Cryptocurrency Lists

Stablecoins are becoming harder to assess on price and market capitalization alone. As regulators introduce clearer standards around reserves, redemption and issuance, where a stablecoin comes from and which rules govern it could become increasingly...

Latvian Loan Investment Platform Mintos Starts Offering Stock Trading

Mintos began offering commission-free trading in more than 4,000 US, European and global stocks today (Tuesday), with fractional shares from EUR 1. The Latvian investment platform said it charges no order or custody fees and has no paid plans.US stoc...

AI sell-off wipes $800B from Asia’s stock markets in a day

The AI stock sell-off highlights vulnerabilities in tech valuations, potentially reshaping investment strategies and impacting future market confidence.The post AI sell-off wipes $800B from Asia’s stock markets in a day appeared first on Crypto...

Solana reclaims top spot in tokenized equities DEX volume after 13 weeks

Solana's resurgence in tokenized equities DEX volume may drive increased market confidence and influence its valuation and adoption trends.The post Solana reclaims top spot in tokenized equities DEX volume after 13 weeks appeared first on Crypto Brie...

BingX Opens 7,000 US Stocks to Crypto Users a Day After Bybit

BingX opened trading in more than 7,000 US stocks and exchange-traded funds today (Tuesday), routing orders through US brokerage infrastructure provider Alpaca. Users pay for the shares in USDT or USDC drawn from their existing crypto balances, the e...