Bitcoin traded around $83,000 as strong earnings from SpaceX and Super Micro lifted technology sentiment. Asian chip stocks rallied sharply on the results. Within crypto, Zcash (ZEC) led gains, rising about 11%. The advance followed developers' announcement of a date for Zcash's next network upgrade.
This is an AI-generated summary. ShortSingh links to the original source for the complete article.
Ripple has launched a service that lets institutional clients trade stocks around the clock through its Ripple Prime platform. Participants can use RLUSD, Ripple's stablecoin, as collateral for these positions. HSBC has cautioned that the markets for these tokenized stock trades remain thin. Attracting enough buyers and sellers to absorb large positions could prove difficult. The concerns highlight the gap between the round-the-clock access being offered and the depth of liquidity needed to support it.
Solana is set to activate Alpenglow on Wednesday, a major upgrade to the blockchain's core. The update replaces the voting mechanism the network has relied on since 2020. Its goal is to reach transaction finality in about 150 milliseconds. The rollout follows months of testing, which included an earlier migration attempt that failed and was reversed.
Eight secret keys belonging to eMudhra, an Indian company that issues certificates vouching for websites, were found to be compromised. The keys were reportedly so weak that they could be cracked. Browser and software makers are now rushing to release fixes to address the risk. The article does not provide a full list of affected systems or timelines for the patches. The incident highlights the security stakes when certificate authorities rely on inadequately protected keys.
The U.S. Commodity Futures Trading Commission has scheduled a task force meeting for October 28. The session will focus on how advanced, so-called super intelligence technology could affect financial markets. The forum's agenda covers trading and agentic finance, according to the agency's plans. The discussion reflects growing regulatory attention to how powerful AI systems may reshape market activity. The article provides no further details on outcomes or specific policy proposals.
Discussion (0)
Log in to join the discussion and vote.
Log in