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More →Stablecoin payment infrastructure company Noah completes a $38 million seed funding round.
Noah, a stablecoin payment infrastructure company, has completed a $38 million seed funding round, with participation from Endeit Capital, FJ Labs, LocalGlobe, Felix Capital, and several angel investors. The funding will be used to expand its international remittance business and broaden its regulatory footprint for businesses and individuals.
UBS Group: Drawing down emergency oil inventories could leave the market more vulnerable to future supply disruptions, potentially leading to increased price volatility.
According to Bijie Network, UBS Group: Drawing on emergency oil reserves could make the market more vulnerable to future supply disruptions, potentially leading to increased price volatility.
Banks need three core capabilities to connect to the Swift blockchain ledger.
According to CoinWorld news, Taurus stated that banks connecting to the Swift blockchain ledger need to have permissioned ledger, digital asset wallet, and tokenized smart contract capabilities. The ledger is positioned as an orchestration layer and does not replace banks' internal systems or existing settlement arrangements. The Swift ledger supports 24/7 cross-border transfers of tokenized deposits. HSBC, Standard Chartered, DBS, and Citi have completed real transactions, and the related payments can be settled within minutes, including on weekends.
Crypto Evening News | German Regulator Rejects Futurum Bank's MICA Application, bitcoin.de Plans New Model
CoinWorld News, October 7: 1. German regulators reject Futurum Bank's MICA application; bitcoin.de plans a new model; 2. Germany's Federal Financial Supervisory Authority rejects futurum bank ag's MICA license application; bitcoin.de trading suspended; 3. Hong Kong plans to submit a bill to regulate cryptocurrency brokers and custodians; 4. German regulators reject Bitcoin Group SE's MiCA license application; 5. The CFTC proposes crypto rules that do not cover spot trading; 6. The CFTC launches federal rulemaking for a cryptocurrency exchange framework; 7. CFTC Chairman Selig outlines a voluntary regulatory framework for cryptocurrency exchanges; 8. The CFTC chairman says existing statutory authority will be used to formulate cryptocurrency rules; 9. The U.S. CFTC releases proposed rules for a crypto spot market framework; 10. The CFTC announces a plan to regulate cryptocurrency exchanges.
Taurus: Banks need to overcome three major technical obstacles to connect to the Swift blockchain.
CoinWorld data: Lamine Brahimi, co-founder and managing partner of Taurus, said that although Swift's blockchain-based ledger may already be ready for real-time payments, banks still need to build their own digital asset infrastructure in order to connect to the network. He pointed out that banks need three key elements: a permissioned ledger that interacts with the Swift ledger, wallet functionality, and tokenization and smart contract capabilities that can integrate Swift smart contracts. Brahimi believes that these requirements do not constitute a major obstacle for banks that have already issued or manage digital assets, nor will they hinder Swift from continuing to dominate its field. In July, Swift said that 17 banks were ready to conduct real-time tokenized deposit transactions, marking its first attempt to modernize the bank messaging system.
AMD off-exchange short sale volume ratio reported at 60.24%
Bjie.com US stock data: AMD's off-exchange short selling volume accounted for 60.24% that day. Compared with the same-caliber snapshot 24 hours earlier, it fell by 2.4868 percentage points.
Tom Lee sets the ETH holding cap at 5% of the total supply.
According to CoinWorld news, Fundstrat Chairman Tom Lee has set an upper limit for ETH holdings at 5% of the total supply, and currently holds 6.02 million ETH, accounting for 4.9%.
CoreWeave partners with Adani Group to build data centers in India
According to Bloomberg, CoreWeave Inc. is continuing its expansion in Asia and will establish its first data centers in India as part of a partnership with conglomerate Adani Group. CoreWeave will use 240 megawatts of capacity from AdaniConneX Pvt. at the Taloja campus in Navi Mumbai, with the right to double that capacity. Total investment over the project's lifetime is expected to reach billions of dollars, with the first data centers planned to come online in mid-2028.
The protocol's fees over the past 24 hours were reported at $74.2559 million.
According to Bijie data: within the period, the protocol's fees over the past 24 hours were US$74.2559 million, a decrease of 1.87% compared with the previous statistical period under the same scope.
Oura delays IPO, CEO cites market uncertainty
Oura CEO Tom Hale announced on September 29 that the company is postponing its IPO due to "uncertainty in the IPO market." Previously, Oura had planned to sell 50 million shares at $40 to $44 per share, expecting to raise about $2.1 billion. Analyst Kat Siu pointed out that Oura's valuation depends on how investors view the company: if it is seen as an AI-driven digital health platform, the valuation may be reasonable, but if it is viewed merely as a single-product hardware manufacturer, the valuation appears too high. Oura's sales still rely mainly on hardware, and it faces competition from giants such as Apple.