Bitcoin miner Core Scientific shifts to AI with 1.5GW data center push
Core Scientific is converting its Pecos, Texas site into a high-density AI colocation hub, repurposing 300MW of mining capacity....
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US SEC seeks comment on NYSE Arca proposal for 85% eligible-asset rule in crypto ETF listings
The SEC is seeking public comment on NYSE Arca's proposal requiring crypto ETFs to hold at least 85% in pre-approved assets, with up to 15% in other holdings. This standardized framework reflects the agency's shift toward clarity over enforcement under new leadership. The rule could simplify product launches for Bitcoin, Ethereum, and other major cryptocurrencies while maintaining investor protections through surveillance standards.
OKX lets institutions use BlackRock’s BUIDL fund as trading collateral
OKX integrated BlackRock's BUIDL tokenized Treasury fund into its collateral framework with Standard Chartered, enabling institutional clients to use the yield-bearing asset as trading margin while held in regulated custody. The move allows institutions to earn returns on collateral traditionally sitting idle, marking a significant shift toward making tokenized real-world assets functional trading infrastructure globally.