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

OpenAI hires former White House cyber official Thomas Lind to lead cyber and strategic risk

OpenAI's strategic hire may enhance its influence on AI safety standards, aligning private sector innovation with evolving federal protocols.The post OpenAI hires former White House cyber official Thomas Lind to lead cyber and strategic risk appeared...

OpenAI hires ex-White House cyber official Thomas Lind for security role

OpenAI's strategic hire may enhance its cybersecurity stance, potentially boosting investor confidence and influencing AI market dynamics.The post OpenAI hires ex-White House cyber official Thomas Lind for security role appeared first on Crypto Brief...

OpenAI safety transparency lead David Robinson reportedly resigns

OpenAI's leadership changes may impact public trust and transparency, crucial for managing AI risks and maintaining stakeholder confidence.The post OpenAI safety transparency lead David Robinson reportedly resigns appeared first on Crypto Briefing.

Kalshi, Coinbase win partial ruling on Illinois sports contracts

The ruling highlights ongoing jurisdictional tensions between state and federal authorities, impacting the future of prediction markets and crypto.The post Kalshi, Coinbase win partial ruling on Illinois sports contracts appeared first on Crypto Brie...

Blast shuts down $20M layer-2 network, forcing Oct. 26 exit deadline

Ethereum layer-2 network built around native yield Blast said on Oct. 2 that it will shut down because maintaining the chain costs more than it earns.The project asked users to move their assets to Ethereum mainnet by Oct. 26 to withdraw through its...

Anthropic co-founder Chris Olah fears Claude may be suffering

Olah's concerns about AI suffering prompt ethical debates, influencing AI development, regulation, and philosophical discourse on machine sentience.The post Anthropic co-founder Chris Olah fears Claude may be suffering appeared first on Crypto Briefi...

MIT and Sakana AI’s SIFT framework cuts the cost of judging self-improving coding agents

SIFT's cost-effective evaluation method democratizes AI self-improvement, potentially accelerating innovation by reducing resource barriers.The post MIT and Sakana AI’s SIFT framework cuts the cost of judging self-improving coding agents appear...

OpenAI’s Altman reaffirms close partnership with Cerebras

Altman's reaffirmation of OpenAI's partnership with Cerebras highlights the strategic importance of diversified supplier relationships in AI development.The post OpenAI’s Altman reaffirms close partnership with Cerebras appeared first on Crypto...

Applied Digital stock rises 5% on Polaris Forge 1 update

The stock surge highlights investor confidence in Applied Digital's strategic expansion, potentially boosting long-term revenue and market position.The post Applied Digital stock rises 5% on Polaris Forge 1 update appeared first on Crypto Briefing.

ICBA sues OCC over crypto trust charters, raising regulatory concerns

The lawsuit underscores the ongoing struggle for regulatory clarity in the crypto sector, potentially hindering institutional adoption and innovation.The post ICBA sues OCC over crypto trust charters, raising regulatory concerns appeared first on Cry...

Robinhood Chain launches first Play2Earn game, Hollowfall, featuring $ORE token

Robinhood Chain's gaming venture could rejuvenate interest in Play2Earn models, impacting blockchain gaming's economic sustainability.The post Robinhood Chain launches first Play2Earn game, Hollowfall, featuring $ORE token appeared first on Crypto Br...

Stablecoin issuers have replaced 40% of China’s lost US Treasury demand

Stablecoin issuers are emerging as a new source of demand for US government debt as foreign official holdings lose ground.Tether and Circle have increased their Treasury securities and repurchase-agreement holdings by about $200 billion over the past...

Microsoft’s X Account Hijacked to Promote Clippy Meme Coin

Does Clippy have a meme coin? No, but followers of Microsoft’s X account might have thought so on Thursday when the tech giant’s access was hijacked to promote an unauthorized crypto token.   On Thursday, Microsoft’s official X...

Aave Founder Warns EU MiCA Review Could Restrict DeFi Access

Aave founder Stani Kulechov is criticizing proposals from European regulators that could extend restrictions on stablecoin yield and place new controls around access to DeFi. MiCA Review Puts DeFi Access in Focus Aave founder Stani Kulechov is warnin...

Bitcoin’s $85,000 sell wall is gone and traders are now betting on $100,000

Bitcoin’s rally is approaching a $90,000 test as a rare accumulation pattern reappears and sell-side liquidity thins.On Oct. 2, Bitcoin registered an intraday high at $87,000 after buyers broke through a sell wall around $85,000 that had stalled seve...

CMC Markets Founder Intends to Buy Up to £5 Million of Shares

CMC Markets founder and CEO Lord Peter Cruddas intends to invest up to £5 million in the London-listed broker’s shares, including an initial purchase of approximately £139,000 completed on Friday. Cruddas acquired 23,011 ordinary shares on the London...

US Midterms: Stand With Crypto Backs Bipartisan Slate After Senate Bill Fails

Following the U.S. Senate’s failure to reach the 60 votes required to pass the CLARITY Act, Stand With Crypto has unveiled an expanded slate of pro-crypto candidates it’s backing in the midterm elections.   Stand With Crypto Endorses...

Crypto hackers exploit third-party Aave tool to steal 114 ETH

A third-party lending adapter built on Aave was exploited to steal about 114 ETH, worth over $300,000, while the protocol itself remained unaffected.On Oct. 2, blockchain security firm SlowMist said the attacker compromised two Safe multisig wallets...

Meet the New Bitcoin Treasury Firm That Already Plans to Sell BTC

Most bitcoin treasury companies follow the buy-and-try-to-hold model pioneered by Strategy, the publicly traded giant with nearly $72 billion worth of BTC. But a new entrant to the space says it already plans to sell acquired assets in an effort to b...