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Quick Take Summary is AI generated, newsroom reviewed. Canary Funds removed the "delaying amendment" clause from its XRP spot ETF S-1 filing. This move uses Section 8(a) of the Securities Act, setting an auto-effective date of November 13. The ETF is planned to trade on Nasdaq and will use Gemini and BitGo as digital asset custodians. The strategy mirrors recent auto-effective launches of Solana, Litecoin, and Hedera ETFs.References CANARY REMOVES SEC DELAY CLAUSE — $XRP SPOT ETF NOW ON TRACK FOR NOVEMBER
Traders Anticipate Market Swings as $13.5 Billion in Bitcoin and $2.5 Billion in Ethereum Options Approach Expiration Date
Shiba Inu Whale Shibtoshi's New Cross-Chain Privacy Protocol Operated by Offshore Entity SquidGrow LLC, SilentSwap V2, Faces Scrutiny For Its Daily Data Purging Despite OFAC Compliance Claims
The article points out that the cryptocurrency industry needs to break away from marginalization and become part of the mainstream financial system, achieving long-term development through technological innovation and integration with the real economy. Summary generated by Mars AI. This summary was generated by the Mars AI model, and the accuracy and completeness of the generated content are still being iteratively updated.
Ching initially focused on building systems to analyze how billions of people connect on social media, and later shifted to developing systems that could change the way trillions of dollars flow through the global economy.
- 05:23Romanian regulators ban Polymarket from operating in the country due to lack of a gambling licenseForesight News: According to DL News, the Romanian National Gambling Regulatory Office has banned Polymarket from operating in the country due to the lack of a gambling license. Vlad-Cristian Soare, director of the Romanian Gambling Authority, stated in a declaration that betting real money on the outcome of future events constitutes gambling and requires a license. The regulator will never allow blockchain to become a tool for illegal gambling.
- 05:23Elon Musk to Launch End-to-End Encrypted Communication App X ChatForesight News reported that Musk stated on the "Joe Rogan Experience" podcast that an end-to-end encrypted standalone communication application called X Chat will be launched, aiming to compete with Telegram and WhatsApp, and is expected to go live in the coming months. X Chat was originally an in-app feature within X, but Musk revealed on the podcast that the development team has restructured the application and will release it as a standalone app. Musk noted that although WhatsApp claims to offer end-to-end encryption, it retains metadata that allows advertisers to accurately understand user behavior, whereas X Chat uses "Bitcoin-like peer-to-peer encryption technology" and will not leave any information that advertisers can exploit.
- 05:23Pump.fun launches the "Spotlight" program to promote the listing of utility tokens on its platformForesight News reported that Pump.fun has launched the "Spotlight" initiative to promote the listing of utility tokens, aiming to help utility tokens without meme attributes gain more attention and liquidity, thereby supporting the development of startups or projects and realizing its so-called "Internet Capital Market" era. Pump.fun stated that the initiative will select teams whose tokens have utility value within the ecosystem and are integrated into the company's long-term strategy, and will assist these teams in formulating issuance plans. The Spotlight initiative is now open for applications, and relevant teams can fill in their information through the form link provided in the Spotlight X account's post. It is currently unclear whether "Spotlight" will have a dedicated section on the Pump.fun platform, launch an independent site, or if it is simply the name of the initiative.