Brazil’s largest lender becomes first bank to formalize crypto brokerage under new rules
Itaú Unibanco notified Brazil’s central bank of its crypto trading and custody operations on Tuesday, ahead of an Oct. 30 deadline. Source：CoinDesk
How Broadcom’s stock can surge and overcome ‘the biggest dislocation in the market’
Broadcom’s stock has gone nowhere this year, but an analyst thinks it and other quality chip stocks like Nvidia will soon start trading at higher valuations.…
Robinhood's crypto revenue fell 55% from last year, but topped Street forecasts
Crypto trading volume fell 38% from yearago levels, but the firm's overall blockchain business gained traction. Source：CoinDesk
U.S. agency hits Utah with lawsuit to shield Kalshi's ability to offer betting there
The U.S. Commodity Futures Trading Commission has pursued more than a dozen legal actions to protect what its chief sees as its sole power over prediction…
Intel, Oracle, IBM join growing list of firms objecting to OKX–ICE tokenized stock plans
The latest notice added four objections, bringing the total to 26 as the joint venture prepares to test the SEC’s new framework for blockchainbased stock…
USDC overtakes USDT in euro stablecoin trading as EU rules reshape market: Kaiko
USDC’s share of euro stablecoin trading has climbed to 56% since January 2024, with deeper liquidity as exchanges restrict USDT under MiCA. Source：Cointelegraph
Bitcoin miners' move into AI is creating a new market for trading computing power
Luxor raised $16 million to expand into AI hardware and trading, betting that computing power will become a market where companies can hedge costs and prices.…
Injective launches onchain futures market tracking Nvidia GPU rental costs
The new index tracks rental prices for five Nvidia GPUs, offering leveraged trading and potential hedging against fluctuations in AI computing costs.…
NBA names Kalshi, Polymarket preferred exchanges, signs CFTC deal
The US professional basketball league is expanding into prediction markets with official data agreements and safeguards against insider trading.…
South Korea weighs fourth delay on its crypto gains tax, pushing it to 2029
Officials are concerned users of domestic exchanges would bear the tax burden because the U.S. won’t share crypto trading data until 2029. Source：CoinDesk
Retail investors are getting cold feet about stocks, just when the market needs them most
Last week’s carnage for hedge funds highlighted the relative decline in trading activity among retail investors. Source：MarketWatch
Why McDonalds, Microsoft and Google saying no to tokenized stocks isn't a dealbreaker
Some of the world's biggest companies objected to being listed on the first tokenized securities trading venue under the SEC's innovation exemption. But the…