Grayscale’s October 23 research note looks at a more specific crypto-and-AI proposition than a general bet on smarter software: who supplies training data, who finances hardware and who receives payment when computing capacity is used. TL;DR The report highlights DATA, USD.AI and Pearl as examples of different infrastructure roles. Hardware financing introduces credit questions alongside…
The comments followed two X posts in which CZ discussed the limits of digital security and AI risks, highlighting phishing and social engineering as potential threats to crypto holders. CZ Warns of AI-Driven Crypto Security Risks On October 23, Zhao challenged concerns that artificial intelligence could directly compromise Bitcoin’s cryptographic protections. He argued that fears…
Kraken’s October delistings have moved into the withdrawal phase. Trading and deposits for 13 assets were scheduled to stop on October 23, while customers have a longer window to remove remaining tokens before the exchange begins liquidating balances. TL;DR The trading cutoff has passed for 13 tokens named in Kraken’s notice. Withdrawals remain scheduled until…
Bitcoin is facing renewed downside risks as bearish technical signals, a potential liquidity gap near $74,000, and shifting trading activity raise questions about the strength of its recovery. Meanwhile, data from Glassnode and Fasanara Digital show that traditional financial assets are capturing a growing share of derivatives activity on crypto trading platforms. The combination puts…
W Group, the ecosystem behind crypto exchange WhiteBIT, has invested in derivatives provider SwapGlobal. The October 23 announcement disclosed no deal value and said the company’s first pre-IPO transactions were being prepared. TL;DR: SwapGlobal is preparing institutional pre-IPO derivatives with backing from W Group. The planned exposure would convey a contractual payoff, without ownership of…
Circle is taking its cross-chain balance service beyond USDC. The company announced on October 23 that Gateway now supports its wrapped Bitcoin token, cirBTC, and euro stablecoin EURC, giving developers a common interface for moving three different assets. TL;DR: Gateway now supports cirBTC and EURC alongside USDC, with separate balances and different network routes. Its…
Stellar has updated its Bell upgrade guide with the software versions that wallets, exchanges and infrastructure operators need before November’s network votes. The October 23 update adds concrete release references as teams prepare for changes to addresses and ledger data under Protocol 30. TL;DR: Stellar’s updated Bell guide identifies software needed before November’s upgrade votes.…
Ripple CTO Emeritus David Schwartz has outlined why XRP could benefit from broader adoption of the XRP Ledger (XRPL), pointing to its role in transaction processing, liquidity, and asset transfers. Schwartz’s comments add to the debate over whether XRP’s long-term value depends on speculation or practical demand. The discussion centered on transaction fees, token burning,…
TL;DR: Crypto exchange BTCC says quarterly futures volume reached $387 billion and its TradFi-linked trading category increased to $16.3 billion, based on company-reported data. Crypto exchange BTCC says demand for its futures products accelerated during the third quarter, including a sharp increase in contracts linked to traditional financial markets. The company reported $387 billion in…
TL;DR: J.P. Morgan Asset Management says qualified U.S. investors can now access MONY and JLTXX tokenized money market funds on Solana through its Morgan Money platform. J.P. Morgan Asset Management is bringing two of its tokenized money market funds to Solana, extending a traditional cash-management business across another public blockchain. In an announcement Thursday, the…