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

Senate democrats plan to block cloture on the clarity act, citing stalled crypto negotiations

<p>The stalled negotiations highlight ongoing political divisions, potentially delaying crucial regulatory clarity for the crypto industry.</p><p>The post <a href="https://cryptobriefing.com/senate-democrats-plan-to-block-cloture-on-the-clarity-act-citing-stalled-crypto/">Senate democrats plan to block cloture on the clarity act, citing stalled crypto negotiations</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

GameStop plans $1.4 billion stock swap as Bitcoin collateral risk emerges

GameStop has agreed to swap $1.4 billion of zero-coupon convertible notes for stock, a deal that would retire about one-third of its note principal if it closes. The resulting shareholder dilution will remain unknown until the company discloses the final share count.The company's Aug. 3, 2026 filing covers about $400 million of notes due in 2030 and $1 billion due in 2032. If the transaction closes, GameStop would have about $1.1 billion of the 2030 notes and $1.7 billion of the 2032 notes remai

New footage shows russian iskander loaded with cluster munitions striking kyiv, triggering chain of explosions

<p>The escalation in conflict heightens geopolitical tensions, potentially impacting NATO-Russia relations and market stability.</p><p>The post <a href="https://cryptobriefing.com/new-footage-shows-russian-iskander-loaded-with-cluster-munitions-striking-kyiv/">New footage shows russian iskander loaded with cluster munitions striking kyiv, triggering chain of explosions</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Boltz Bridge shuts down swap services indefinitely after AI-powered exploits overwhelm its team

<p>The shutdown highlights the growing challenge of AI-driven exploits in crypto, necessitating stronger defenses and alternative service providers.</p><p>The post <a href="https://cryptobriefing.com/boltz-bridge-shuts-down-ai-exploits/">Boltz Bridge shuts down swap services indefinitely after AI-powered exploits overwhelm its team</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

US supply of long-range missiles, THAAD interceptors nearly exhausted: Reports

<p>The depletion of U.S. missile reserves highlights vulnerabilities in military readiness, potentially affecting strategic stability and market dynamics.</p><p>The post <a href="https://cryptobriefing.com/us-supply-of-long-range-missiles-thaad-interceptors-nearly-exhausted-reports/">US supply of long-range missiles, THAAD interceptors nearly exhausted: Reports</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Hashdex is shutting down its Bitcoin ETF, leaving investors with just days to sell before a blind, unpredictable cash out

One of the early Bitcoin futures ETFs that was converted to a spot fund after the launch of the Newborn Nine in 2024 is shutting its doors.Hashdex is closing its approximately $14.7 million Hashdex Bitcoin ETF, leaving DEFI holders until NYSE Arca closes on Aug. 17 to sell. Holders who stay past the cutoff enter a cash wind-down as liquidation begins Aug. 18. Their payout will move with Bitcoin's sale price and closing costs. Hashdex's Aug. 3 filings also differ on when that cash should arrive.T

CENTCOM says the southern route through the Strait of Hormuz is still free and open for commercial ships

<p>The U.S. military's protective measures in the Strait of Hormuz may stabilize global oil transport, impacting market confidence and regional diplomacy.</p><p>The post <a href="https://cryptobriefing.com/centcom-says-the-southern-route-through-the-strait-of-hormuz-is-still-free-and/">CENTCOM says the southern route through the Strait of Hormuz is still free and open for commercial ships</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Trump-linked Bitcoin venture reaches $2.5 million settlement over loan allegation

<p>The settlement highlights the heightened due diligence needed for investors in politically-linked crypto ventures amid legal complexities.</p><p>The post <a href="https://cryptobriefing.com/trump-bitcoin-venture-loan-settlement/">Trump-linked Bitcoin venture reaches $2.5 million settlement over loan allegation</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Situational Awareness hedge fund loses 67% after concentrated AI bets blow up, forced to sell $16B to Citadel at deep discount

<p>The collapse highlights the risks of concentrated tech investments, potentially impacting investor confidence and related sectors like crypto.</p><p>The post <a href="https://cryptobriefing.com/situational-awareness-ai-fund-losses/">Situational Awareness hedge fund loses 67% after concentrated AI bets blow up, forced to sell $16B to Citadel at deep discount</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

GMX updates app with smart wallet support and one-click trading

<p>GMX's app updates enhance user experience and accessibility, potentially increasing decentralized trading adoption and market competitiveness.</p><p>The post <a href="https://cryptobriefing.com/gmx-smart-wallet-one-click-trading/">GMX updates app with smart wallet support and one-click trading</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

OPEC oil production rose again last month, with gains in Kuwait, Saudi Arabia and Iraq, though opaque shipping data made output harder to track

Increased OPEC production may lead to potential oversupply, affecting oil prices and market expectations amid tracking challenges and geopolitical factors.The post OPEC oil production rose again last month, with gains in Kuwait, Saudi Arabia and Iraq, though opaque shipping data made output harder to track appeared first on Crypto Briefing.

Cipher Mining shares drop as co-presidents file 10b5-1 plans to sell stock through 2027

<p>Investor confidence may waver as executive stock sales contrast with Cipher's promising AI infrastructure and significant AWS partnership.</p><p>The post <a href="https://cryptobriefing.com/cipher-mining-shares-drop-insider-selling-plans/">Cipher Mining shares drop as co-presidents file 10b5-1 plans to sell stock through 2027</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Tomorrow sees a massive liquidity trap for Bitcoin as the US Treasury is quietly draining $77 billion from bank reserves

Bank reserves fell $77.579 billion on a weekly-average basis last week ending July 29. Days later, the US Treasury borrowing estimate for July through September rose by $68 billion. The overlap puts Bitcoin's liquidity setup under scrutiny. Several forces moved across the Fed's balance sheet, blurring any direct line from Treasury cash to the reserve decline.The US Treasury borrowing estimate released on Aug. 3 puts the end-September cash balance at $950 billion. Against its May 4 baseline, the

Polymarket Seeks Valuation Above $20 Billion with $15 Billion Round in April Went Unreported Until Now

Polymarket is in early talks for a new funding round that could value the company above $20 billion. The talks would extend a valuation climb that started in October 2025.Finance Magnates reported at the time that Intercontinental Exchange agreed to invest up to $2 billion in the platform at an $8 billion valuation with further round being discussed, in a range of $12 billion to $15 billion.The new round is at an early stage and could bring in about $1 billion, according to Bloomberg, citing peo

BTC Hits $64,360, but Bitfinex Warns of Downside Risks

Bitcoin posted a 0.8% gain, trading between $63,300 and a session high of $64,360, while holding support above $63,500 and keeping market cap at $1.29 trillion. A sudden rally triggered a heavy short squeeze, wiping out $35 million in short positions. Bitcoin Defends $63,500 Support Bitcoin oscillated between $63,300 and $64,300 on Tuesday amid reports [&#8230;]

Bybit Splits Crypto and Payments Into Two Austrian Entities. Bybit.eu Will Run Both Under One Login

Bybit Payments GmbH has been granted an electronic money institution licence in Austria, giving Bybit a second regulated entity alongside its MiCA-authorised crypto business. The two companies will keep separate capital and safeguarding obligations while customers access both through a single Bybit.eu account.Regulation, Not Branding, Drives the SplitBybit EU GmbH has held MiCA authorisation since May 2025, covering crypto custody, exchange, and client transfers. Bybit Payments GmbH now holds th

Why AI is now a more immediate threat to Bitcoin than quantum computers

Bitcoin’s biggest near-term security problem may not be a breakthrough against its cryptography, but the software and hardware already standing between a private key and its owner. As AI gets better at finding seams in that custody stack, even cold storage deserves a closer look.Bitcoin cold storage shuts one door. The rest of Bitcoin custody still hums with code, chips and human choices. The private key stays off an always-connected device; the machinery around it stays in play.Coinkite showed

Bybit Expands European Footprint With Austrian EMI License

Austria’s Financial Market Authority (FMA) has granted Bybit a license enabling it to build future payment features, including peer-to-peer transfers and card initiatives. Regulatory Dual Framework Cryptocurrency platform Bybit announced Aug. 4 that its local subsidiary, Bybit Payments GmbH, has been granted an electronic money institution (EMI) license by Austria&#8217;s Financial Market Authority (FMA). The [&#8230;]

Kalshi Adds Second Compliance Platform for Employee Trade Monitoring

Kalshi has added Comply as a second major enterprise compliance integration, giving firms another way to monitor employees’ trading in prediction market contracts alongside securities and digital-asset activity. Comply, which works with more than 5,000 primarily financial firms, is adding Kalshi trade data to its regulatory software, according to the official announcement.The integration will allow compliance teams to view employees’ activity in event contracts and check it against internal poli