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

Kalshi must lock out state users after major court loss

The Sixth Circuit ruled Sept. 25 that Ohio and Tennessee can apply their gambling laws to Kalshi's sports contracts.The court rejected Kalshi's argument that complying state by state would conflict with its duties as a federally regulated exchange, a...

University of Oxford allows OpenAI to train AI models on Bodleian library data

Oxford's partnership with OpenAI highlights the growing trend of tech companies leveraging academic data, raising concerns about commercialization.The post University of Oxford allows OpenAI to train AI models on Bodleian library data appeared first...

Why cash hoarding in the UK proves the world still craves permissionless money

You can spend weeks paying for everything with your phone and still feel better knowing there's some cash at home. That might sound old-fashioned until your bank's app stops working, your card gets declined for reasons nobody can explain, or the powe...

Anthropic delays IPO to November amid market anticipation

The delay may affect investor confidence and market expectations, potentially impacting Anthropic's valuation and strategic positioning.The post Anthropic delays IPO to November amid market anticipation appeared first on Crypto Briefing.

Oracle faces land dispute that threatens AI data center project

Oracle's AI data center project delays highlight the complex interplay between environmental concerns, regulatory hurdles, and financial risks.The post Oracle faces land dispute that threatens AI data center project appeared first on Crypto Briefing.

Hackers hijack AI accounts and servers to fuel a booming cyber crime economy

The rise of AI account hijacking fuels a growing cybercrime economy, complicating detection and straining cybersecurity resources globally.The post Hackers hijack AI accounts and servers to fuel a booming cyber crime economy appeared first on Crypto...

Bear market fears grow; Bitcoin faces pressure despite $80K support

Investor caution amid potential bear market could dampen Bitcoin's growth prospects, highlighting the interconnectedness of financial markets.The post Bear market fears grow; Bitcoin faces pressure despite $80K support appeared first on Crypto Briefi...

Bitget Saga: Hacker Just Refueled on Binance as Withdrawals Reopen Monday

A wallet tied to Bitget’s $387.5 million hacker pulled about $1.23 million in ether out of Binance, two days before the exchange reopens bitcoin withdrawals on Monday. The Refuel, Step by Step The attacker who drained Bitget on Sept. 24 is stil...

US spot Solana ETFs see record $80M inflow in one day

The surge in Solana ETF inflows highlights growing institutional interest, potentially reshaping crypto investment strategies and market dynamics.The post US spot Solana ETFs see record $80M inflow in one day appeared first on Crypto Briefing.

VoteVets spends millions to elect Democrats, shaping midterms

VoteVets' investment in Iowa's Senate race underscores the strategic focus on pivotal states, potentially altering midterm election dynamics.The post VoteVets spends millions to elect Democrats, shaping midterms appeared first on Crypto Briefing.

Bitget CEO Gracy Chen affirms IPO plans despite $387.5M security breach

Bitget's IPO plans amid a major security breach highlight resilience but also underscore the critical need for robust cybersecurity measures.The post Bitget CEO Gracy Chen affirms IPO plans despite $387.5M security breach appeared first on Crypto Bri...

Bitcoin posts on X can pay even when Bitcoin doesn’t

You don't have to own Bitcoin to make money from people getting excited about it. On X, just posting about it can be a business in itself, and the company now wants £207,384 back from people it alleges took that business a bit too far.In its Sept. 17...

Ethena ends token incentives for USDe after 85% decline in rewards

Ethena's shift from token incentives to organic growth challenges its stablecoin's sustainability, impacting investor confidence and market dynamics.The post Ethena ends token incentives for USDe after 85% decline in rewards appeared first on Crypto...

Kalshi Says XRP Price Can Hit $1.70 in September

Kalshi’s September XRP market is flashing a $1.70 forecast, yet the $1.70 contract trades at just 32 cents with XRP near $1.55 and five days left. 1.7 on the Screen, 32 on the Ticket The number came from Kalshi’s September XRP market, whi...

ARK partners with Securitize to put a venture fund on Ethereum, but leaves exit doors locked

ARK Invest and Securitize announced on Sept. 24 that eligible investors would be able to hold tokenized interests in the ARK Venture Fund on Ethereum.This new ownership route puts an established interval fund on blockchain infrastructure, so investor...

Weekly Recap: Inside LCG’s Three-Year Buyout; CMC Markets Plans Prop Trading Launch

The week brought a mix of ownership changes, regulatoryaction, financial results and new product launches across the retail tradingand financial services sectors. UK regulation remained a key theme, with theFCA taking further action against CFD firms...

Columbia Business School report outlines $3.7T revenue needs for AI data centers

The AI sector's massive revenue needs highlight potential systemic risks and economic shifts, demanding rapid growth and infrastructure adaptation.The post Columbia Business School report outlines $3.7T revenue needs for AI data centers appeared firs...

Bitcoin ATM Scam Takes $4,900 After Fake Jury Duty Threat

A Georgia woman deposited $4,900 into a Bitcoin ATM after being told she had missed jury duty and needed to pay to avoid arrest. Her case follows a pattern of scams in which callers turn a supposed court obligation into an urgent cryptocurrency payme...

Bitcoin dominance falls below 60%, signaling potential altcoin season

The shift in Bitcoin dominance may indicate a changing crypto landscape, potentially limiting altcoin growth due to ETF-driven capital flows.The post Bitcoin dominance falls below 60%, signaling potential altcoin season appeared first on Crypto Brief...