News linked to this event type.
According to Cryptopolitan, Euronext halted trading of CoinShares' newly launched Zcash ETP (code ZCSH) on the Paris market on October 28, just hours after its listing. An Euronext spokesperson stated that the suspension was due to the central securities depository (CSD) temporarily being unable to support standard settlement operations, rather than any regulatory issue, and the product will resume once settlement conditions are met.
According to CoinDesk, Utah has filed criminal charges against prediction market platform Kalshi (KalshiEX LLC) and co-founders Tarek Mansour and Luana Lopes Lara for illegally promoting gambling in the state. Prosecutors have filed a total of 14 counts, including one felony for alleged ongoing unlawful activity, 12 counts promoting online gambling, and one misdemeanor count for gambling. The prosecution is based on testimony from an undercover investigator with the Utah Attorney General's Office.
Odaily reports: Sarah Court, Chair of the Australian Securities and Investments Commission (ASIC), said at a parliamentary hearing on Thursday that the agency has not yet received any applications from prediction market operators. She noted that such platforms may face gambling regulation in Australia rather than financial market regulation, and that any operating license application would face strict scrutiny.Court said that the trading mechanism of prediction markets is similar to binary options, which Australia has already banned, featuring an all-or-nothing outcome, and that the underlying assets are often unrelated to investments or financial markets. She also noted that although Australian users can directly access relevant overseas platforms, they are not protected by local financial regulation and have difficulty obtaining measures such as dispute resolution and client fund protection.In August of this year, the Australian Communications and Media Authority required internet service providers to block the Polymarket website and classified it as an illegal online gambling site. (Bloomberg)
BNB Chain announced on X platform that the Jenner hard fork upgrade has launched on the BSC testnet. The upgrade includes Payment Lane, which reserves 5% of block Gas by default for eligible payments; millisecond-level block timestamps for smart contracts; and a new compliant asset standard, CAS20. Payment Lane and CAS20 will only be fully enabled after governance approval, with more details to be announced later.
Odaily reports: Singapore police stated that at least two cases involving tampered Ledger hardware wallets have been reported since September 10, with combined losses of approximately S$3.5 million, equivalent to about $2.7 million. Preliminary investigations found that some Ledger wallets purchased at retail stores in Singapore contained malicious hardware components.Singapore police are in contact with Ledger, which is reviewing the affected cases, and the police investigation is ongoing. On October 13, Ledger asked retailers in Indonesia, Singapore, Thailand, the Philippines, Vietnam, Malaysia, and Hong Kong to suspend sales of its devices. (Cointelegraph)
Odaily reports: Gate Money connects account payments, asset exchange, and everyday spending, with its services underpinned by collaboration among international banks, payment institutions, custody providers, and clearing institutions. Eligible users can use bank accounts in their own name to manage fiat funds by currency, process deposits and withdrawals, and send and receive digital assets through supported blockchain networks. The availability of each feature depends on local regulatory requirements, the service capabilities of partner institutions, and user eligibility.On the compliance front, Gate has obtained a MiCA license and a Payment Institution (PI) license in the EU, its Dubai entity has obtained a VARA license, and its Australian entity has completed AUSTRAC registration as a digital currency exchange provider, with these qualifications applying to the respective entities and approved business activities. Gate US holds 37 state-level Money Transmitter Licenses (MTLs), covering 47 U.S. states and territories. On asset transparency, Gate's latest proof of reserves shows that the platform's total reserve size has risen to USD 8.688 billion, with an overall reserve coverage ratio of 118.49%; BTC reserves reached 25,727, with a reserve ratio of 121.60%; ETH reserves stood at 449,042, with a reserve ratio of 123.78%. Collaboration with financial institutions, compliance qualifications, and verifiable reserves together form the foundation of Gate Money's services, supporting the platform in meeting fund payment and asset management needs beyond trading. (Cointelegraph)
Odaily Report: Approximately $11 billion worth of Bitcoin options are set to expire on October 30, accounting for about one-third of Deribit's total open interest in Bitcoin options. Coupled with the approaching US midterm elections on November 3, the market may face greater volatility.Bitcoin fell below the $80,000 mark on Monday this week and has since hovered around that level, trading at approximately $81,100 in the Singapore market on Thursday. Among the soon-to-expire options, call options outnumber put options, with strike prices concentrated at $90,000, $95,000, and $100,000 — contracts at these levels are likely to expire worthless in the short term. Meanwhile, approximately 70% of the expiring options' Gamma is concentrated in the $75,000 to $82,000 range. Adam Haeems, Head of Asset Management at Tesseract Group, noted that if market makers hold short positions, their hedging activities could accelerate Bitcoin's decline below the $75,000 to $78,000 range; if they hold long positions, it could cushion the downside.Caroline Mauron, co-founder of Orbit Markets, pointed out that some option sellers may wait until after the US midterm elections on November 3 to establish new positions, resulting in a lack of常规 Gamma supply to buffer price fluctuations. Volatility could increase further around the announcement of election results.Additionally, the battle for congressional control could also affect the Trump administration's ability to advance crypto-friendly policies. A Bloomberg Market Pulse survey shows that if Republicans retain control of both chambers of Congress, the median year-end Bitcoin price forecast is $90,800; if Democrats control both chambers, it is $76,450; and if Congress is split between the two parties, it is $84,100. Paul Howard, Senior Director at Wincent, expects that after market volatility hit historic lows over the past year, Bitcoin market volatility in November may rebound significantly. (Bloomberg)
The core platforms, including the Allium App, Explorer, and Explorer API, have been restored to service, though some features are still being recovered. For the latest updates, please refer to the official status page. Allium stated that it will release a summary of the investigation findings and response measures upon completion of the investigation.
According to Yonhap News Agency citing Reuters, the U.S. Department of Justice has launched an investigation into NVIDIA's acquisition of Hugging Face, focusing on whether the $12.9 billion deal would allow NVIDIA to control core AI distribution nodes, and whether NVIDIA could use the open-source AI model sharing platform to harm competitors or leverage it as a bargaining chip. The investigation also covers NVIDIA's acquisition, investment, and sales practices and whether it pressures customers, including whether it allocates more AI chips to customers purchasing network equipment and Groq processors after licensing Groq technology and recruiting key engineers, as well as its December 2025 acquisition of SchedMD and Run:ai. Reports state that the investigation does not indicate evidence of wrongdoing, nor will it necessarily lead to litigation; NVIDIA stated that Hugging Face will continue to remain open, with the transaction expected to be completed in the first half of next year.
According to CoinDesk, Toronto-based Canadian lending institution APX Lending announced on Wednesday that it plans to launch Bitcoin-secured mortgages in the first quarter of 2027, enabling homebuyers to secure down payments or full purchase prices without selling their Bitcoin. The company has opened its waitlist and claims it will become Canada’s first regulated provider of Bitcoin-secured mortgages, though it has yet to disclose interest rates, repayment terms, maximum loan-to-value caps, and the triggers for additional collateral calls or liquidation.
Selig also raised several regulatory questions: whether developers of autonomous trading agents need to register, who bears responsibility when an agent loses control, and how regulators can identify the actual users behind these agents, proposing that a "Know Your Agent" (KYA) mechanism may be necessary. Selig noted that the CFTC has already addressed whether software developers and user interfaces trigger regulatory requirements in the crypto asset market, providing relevant experience for reference. The agency is currently also leveraging AI to strengthen regulatory oversight of the derivatives market.
Ganley questioned why the Federal Reserve remains reluctant to raise interest rates amid a strengthening economy, rising commodity prices, and CPI potentially approaching 4%, noting that policy has fallen behind current economic conditions.
Jin10 Data reports show that the Federal Reserve kept interest rates unchanged in October, with two officials supporting a 25 basis point rate hike, while the Bank of Canada delivered its first rate increase in over three years. Domestically, 800 billion yuan in new policy-based financial tools have been deployed. Microsoft Azure revenue grew by 48%, and Google's results fell short of expectations.
Fed Chair Waller stated that adjustments to the FOMC meeting schedule will begin next fall. One meeting in 2027 will be dedicated solely to discussing policy strategy without conducting votes, while two meetings in 2028 will focus exclusively on policy strategy without interest rate votes.
The Federal Reserve reaffirmed its policy objective and will seek a timely return to the 2% inflation target.
The Fed FOMC statement said that gathering more information will help determine policy.
Jin10 compiles the rationale for both rate hikes and holding rates steady in the Federal Reserve's interest rate decision, encompassing factors such as high inflation, restrictive policy stances, signals of consecutive rate hikes, and the uncommon occurrence of a decision preceding an election.
Odaily Report: The U.S. Commodity Futures Trading Commission (CFTC) has announced that it will hold an industry roundtable on December 15 to discuss the feasibility of implementing 24/7 trading in derivatives markets. The meeting will build on the CFTC's work this summer in seeking public comment on extending trading hours for standard futures contracts and introducing perpetual contract mechanisms.The meeting will focus on topics including overnight trading, asset tokenization, infrastructure development, staffing, and operational readiness, exploring how to protect market participants' rights while promoting financial innovation and safeguarding the integrity and resilience of U.S. derivatives markets.CFTC Chairman Selig stated that the regulator will not take a "one-size-fits-all" approach to 24/7 trading, but instead hopes to hear from all industry parties and promote the development of trading mechanisms across different asset classes in a prudent and responsible manner.The meeting will be held at the CFTC's headquarters in Washington, D.C., and will be livestreamed to the public. The specific agenda, speakers, and registration information will be announced later.
Odaily Report: Market monitoring firm Solidus Labs has identified that a trader placed over $170 million in anomalous orders through two accounts on Hyperliquid during the period of severe international oil price volatility between March 8 and 10, suspected of using "spoofing" to influence market prices. The accounts in question placed large orders on one side of the order book before quickly canceling them, while simultaneously executing trades on the other side. Solidus stated that the trader profited approximately $119,000 during the relevant period, but their true identity and subjective intent to manipulate the market have not yet been confirmed.In one case, the trader rapidly canceled approximately $17 million in sell orders while executing approximately $425,000 in buy orders, with the Brent crude oil perpetual contract price showing significant fluctuations before and after the cancellation. Hyperliquid Labs emphasized that all orders, cancellations, and trade records on the platform are publicly recorded on-chain and available for real-time review; the relevant contract issuer Trade.xyz also stated that the platform has order limits and continuous monitoring mechanisms in place. This incident has once again raised market concerns about trading regulation on crypto derivatives platforms and their potential impact on traditional commodity markets. (Bloomberg)
Circle has submitted a comment letter to the U.S. Securities and Exchange Commission regarding proposed crypto asset regulation rules, supporting the promotion of innovation under clear rules while maintaining transparency, investor protection, market integrity, liquidity, and efficiency. Circle recommends that the relevant rules be aligned with the GENIUS Act and requests clarification that payment stablecoins compliant with the Act may be used for on-chain capital formation and settlement, and that they constitute "cash" under proposed Rule 302(b), subject to the corresponding USD valuation, accounting, and customer reserve treatment. Circle also recommends reducing the broker-dealer haircut for payment stablecoins compliant with the GENIUS Act from 2% to zero, and requests that the SEC clarify that technical services provided after network operation do not constitute necessary administrative functions, while establishing a safe harbor rule for technology roadmaps.