AMD announces acquisition of World Labs for $8.2 billion, Li Feifei will join AMD

Ether.fi will sever the final structural connection between pledged tokens and EigenLayer by the end of this quarter. As of August, less than 1% of assets are still in a re pledged state, and EigenPod withdrawal vouchers are expected to be removed by the end of the year. When Ether.fi goes online in 2024, deposits will automatically be re staked on EigenLayer. In August of this year, the company separated the re staking from weETH, and users need to choose an independent token based on Symbiotic. Mike Silagadze stated that the reason for exiting is that there are no meaningful profit opportunities for re pledging and the pledger perceives risks. (Source: CoinDesk)

Coinbase Clearing LLC has been approved by the US Commodity Futures Trading Commission (CFTC) to register as a Derivatives Clearing Organization (DCO), becoming the first clearing house to use USDC as its native collateral asset. It will support USDC collateral and 24-hour uninterrupted settlement. Coinbase now owns Coinbase Financial Markets, Coinbase Derivatives, and Coinbase Clearing, forming a CFTC regulated derivatives infrastructure that covers brokerage, trading, and clearing processes. Coinbase Clearing will support the direct creation and settlement of fully collateralized contracts, while margin derivatives and perpetual contracts for individual stocks will still be partially supported by existing partners.

The US Securities and Exchange Commission has updated the token repurchase FAQ, clarifying that if there is no centralized entity behind the token repurchase, the arrangement does not constitute an investment contract. This update occurred after comments from Miles Jennings, the General Counsel and Policy Director of a16z crypto, last week. (Source: Eleanor Terrett)

Coinbase has received approval from the US Commodity Futures Trading Commission (CFTC) to register Coinbase Clearing LLC, the first clearing house to use USDC as its native margin. This approval enables Coinbase to complete the full stack layout of CFTC regulated derivatives infrastructure, including Coinbase Financial Markets, Coinbase Derivatives, and Coinbase Clearing. Coinbase Clearing supports USDC collateral and 24/7 settlement. (Source: Coinbase)

Anthropic's IPO prospectus shows that its revenue for the fiscal year 2025 will be $4.59 billion, a year-on-year increase of 1088%; GAAP net loss was $41.97 billion, and GAAP operating loss was $8.06 billion. The calculation and infrastructure expenditure for the fiscal year 2025 is 7.33 billion US dollars, accounting for 58% of the total operating expenditure. As of December 31, 2025, the company holds a total of $20.28 billion in cash, cash equivalents, and short-term investments. The top two direct customers each contribute 12% of the annual revenue. The company plans to establish a founder LLC to maintain control and warns of conflicts between governance decisions and the financial interests of Class A shareholders. (Source: Reuters)