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

Team Yandex signs ATF as new offlaner, DM moves to bench

Team Yandex's roster change could redefine their competitive edge, impacting team dynamics and strategic approaches in future tournaments.The post Team Yandex signs ATF as new offlaner, DM moves to bench appeared first on Crypto Briefing.

Affirm launches transformer-based machine learning model for real-time underwriting

Affirm's AI-driven underwriting model could redefine credit risk assessment, enhancing approval rates and margins in the BNPL industry.The post Affirm launches transformer-based machine learning model for real-time underwriting appeared first on Cryp...

World Bank attracts $112B in private capital, a 62% increase under Banga’s overhaul

Banga's strategy could redefine global development finance, but scaling securitization in volatile markets poses significant execution risks.The post World Bank attracts $112B in private capital, a 62% increase under Banga’s overhaul appeared f...

Comp AI raises $34M in Series A to automate compliance with open-source platform

Comp AI's funding boost could accelerate the shift towards AI-driven compliance, reducing costs and labor for businesses globally.The post Comp AI raises $34M in Series A to automate compliance with open-source platform appeared first on Crypto Brief...

Indian and Russian army chiefs meet in Moscow as ties deepen

Strengthened India-Russia military ties may bolster Russian capabilities, potentially impacting geopolitical dynamics and the Ukraine conflict.The post Indian and Russian army chiefs meet in Moscow as ties deepen appeared first on Crypto Briefing.

ECB’s Rehn says there is no current need to deploy the Transmission Protection Instrument

The ECB's confidence in stable bond markets suggests a focus on data-driven policy, impacting eurozone economic strategies and investor outlooks.The post ECB’s Rehn says there is no current need to deploy the Transmission Protection Instrument...

Crypto.com secures SEC approval for single-stock futures in US

Crypto.com's SEC approval could reshape US trading by integrating crypto and equity markets, attracting institutional investors to new opportunities.The post Crypto.com secures SEC approval for single-stock futures in US appeared first on Crypto Brie...

Grizzly Research shorts Raiffeisen Bank, alleging $1.2B in sanctions-entangled Russian trade

The allegations against Raiffeisen Bank highlight the complex challenges financial institutions face in navigating geopolitical tensions and sanctions compliance.The post Grizzly Research shorts Raiffeisen Bank, alleging $1.2B in sanctions-entangled...

SparkLend USDS borrowing surpasses $800M, hits new all-time high

SparkLend's USDS borrowing surge highlights its growing influence in DeFi, but reliance on Ethereum-native assets poses systemic risk concerns.The post SparkLend USDS borrowing surpasses $800M, hits new all-time high appeared first on Crypto Briefing...

OpenAI reveals more rogue AI agents, intensifying regulation debate

The intensifying debate over AI regulation could reshape industry standards, impacting competitive dynamics and public trust in AI technologies.The post OpenAI reveals more rogue AI agents, intensifying regulation debate appeared first on Crypto Brie...

Anchorage Adds Etherlink Custody, Opening Institutional Access to $9M Tokenized Uranium

Key Takeaways:Anchorage Digital now has institutional custody support for Etherlink and seven assets.Included in this offering is xU3O8, a token representing real-world uranium.Clients’ assets can be held in segregated accounts at Anchorage Dig...

6,000 Monero: Revolut Hackers Set 24-Hour Deadline Over Crypto Data Breach

Key Takeaways:The hackers are asking for 6,000 XMR (around $3 million) from Revolut.Data allegedly connected to approximately 680 customer accounts was reportedly stolen in the breach.Aggressors state they identified the customers with significant cr...

Kraken Parent Payward to Launch US Onchain Perpetuals

Payward plans to launch the first regulated U.S. onchain perpetual futures markets using the Hyperliquid protocol. Regulatory framework and oversight Payward, the parent company of cryptocurrency exchange Kraken, announced Sept. 16 its plans to deplo...

Is the CLARITY Act Really (Not) Needed for Bitcoin Price to Rally?

The short answer, if you’re looking at the CLARITY Act as it is and not at the speculative sentiment around it in the market, is — not really. However, if signed into law, its main value for bitcoin would be protection against policy reversals,...

Hedge Funds Can Now Backtest Kalshi Prediction Market Prices Through BMLL

BMLL has added Kalshi's historical order book data to the datasets it sells to hedge funds, the London-based data provider said today (Thursday). It maps the prediction market records onto the schema it uses for CME Group's event contracts, so one mo...

Cyprus Regulator Adds Former FxPro Lawyer to Board as New Chair Takes Over

A former senior corporate lawyer at CFD broker FxPro has joined the board of the Cyprus Securities and Exchange Commission (CySEC), which licenses the firm's Cypriot unit. CySEC announced the appointment of Andrea Moundi Savvides yesterday (Wednesday...

iFOREX Cuts First-Half Earnings Estimate to $1.4 Million After Accounts Review

iFOREX Financial Trading Holdings Ltd. cut its first-half adjusted EBITDA estimate to about $1.4 million today (Thursday). That is roughly $1 million below the $2.4 million it gave investors less than two months ago.The London-listed CFD broker said...

Jeff Bezos Says One Question in a Job Interview Reveals Who Never Did the Reading

Jeff Bezos’s “perfect meeting” at Amazon banned PowerPoint in favor of six-page narrative memos, with everyone silently reading the document together for about 30 minutes at the start in what he called “study hall.” The idea, Bezos said, is that part...

Devexperts Offers South Korean Brokers a Ready-Made Package for US Stock Trading

Devexperts began offering South Korean brokers a packaged service for US stock trading today (Thursday). The company said the package covers the client-facing platform, market data and order execution, so a broker can add US shares without assembling...