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More →Standard Chartered-led Anchorpoint says it’s not rushing retail stablecoin
The Standard Chartered and Animoca Brands joint venture previously targeted retail access as early as the end of 2026, but its CEO declined to reaffirm that timeline. Standard Chartered-backed stablecoin venture Anchorpoint says it will take a cautious approach to opening its Hong Kong dollar-backed stablecoin to retail users, declining to confirm a launch date after rival HSBC rolled out RedCoin, <a href="https://www.scmp.com/business/cryptocurrency/article/3372060/standard-chartered-led-anchorpoint-plans-retail-stablecoin-hsbc-redcoin-launches" rel="nofollow noopener" target="_blank">>according</a> to the South China Morning Post. The <a href="https://cointelegraph.com/news/standard-chartered-animoca-brands-hong-kong-stablecoin-license" target="_blank" rel="nofollow">venture</a> released its institutional stablecoin product in August and previously <a href="https://anchorpoint.hk/faqs/" rel="nofollow noopener" target="_blank">>indicated</a> a retail offering could arrive as early as the end of 2026. Anchorpoint CEO Dominic Maffei declined to confirm that timeline at a Friday press conference, saying the company would take a prudent approach. “We believe it’s important to build the market out in a long-term, sustainable manner,” Maffei said, adding that rushing a launch “does not make sense.” The update comes after <a href="https://cointelegraph.com/news/hsbc-launches-redcoin-hong-kong-dollar-stablecoin-payme" target="_blank" rel="nofollow">HSBC launched its Hong Kong dollar-backed RedCoin</a> on Friday for the 3.3 million users of its PayMe app. <a href="https://cointelegraph.com/news/standard-chartered-animoca-brands-hong-kong-stablecoin-license" target="_blank" rel="nofollow">Anchorpoint grew out of a partnership</a> between Standard Chartered, Animoca Brands and telecommunications provider HKT, which was announced in February 2025, following their joint participation in Hong Kong’s stablecoin issuer sandbox in July 2024. Animoca’s role is to bring its blockchain expertise and industry network to the venture and help develop uses for the stablecoin across the Web3 ecosystem. <em><strong>Related: </strong></em><a href="https://cointelegraph.com/news/hashkey-begins-beta-distribution-of-hong-kong-regulated-hkdap-stablecoin" target="_blank" rel="nofollow"><em><strong>HashKey begins beta distribution of Hong Kong-regulated HKDAP stablecoin</strong></em></a>
Brazil’s Stock Market Crashes After Lula’s Upset Victory
Brazil’s stock market lost more than $200 billion in value at the open on Monday after President Luiz Inácio Lula da Silva beat Senator Flávio Bolsonaro in Sunday’s runoff, a result that prediction markets had priced at roughly a one in five chance. The iShares MSCI Brazil ETF, ticker EWZ, a basket of Brazilian stocks that trades in New York like a single share, fell as much as 26% from Friday’s close of about $42.60, touching $31.40 before trimming the loss to about 23% at $32.84 by 10:38 a.m. ET. That is memecoin-sized volatility for a fund built around Brazil’s biggest companies, and it leaves EWZ roughly where it started 2026 after a 34% gain through Friday. The dollar rose as much as 12% against the real on Friday, while the Ibovespa, Brazil’s benchmark stock index, fell as much as 17% to about 170,000 points. For a dollar-based investor, those moves at their worst combine to a loss of about 26%, in line with the ETF’s low. B3, the São Paulo exchange, halted trading for 30 minutes after the Ibovespa fell 10% from Friday’s close, its first circuit breaker since the COVID-19 pandemic. A circuit breaker is an automatic pause meant to slow panic selling, but the index kept sliding after trading resumed. Investors had been positioning for the opposite result since Bolsonaro unexpectedly finished first in the Oct. 4 first round, with 47.03% of valid votes to Lula’s 45.16%. The Ibovespa jumped 7.85% the next day and EWZ gained more than 10% on bets that Bolsonaro would tighten public finances and open the way to lower interest rates. Monday’s drop erased that rally and, at its lows, left the Ibovespa about 11% below its Oct. 2 close. But Lula didn’t just beat Bolsonaro, he also beat prediction markets. Polymarket gave Bolsonaro an<a href="https://x.com/Polymarket/status/2114003200017575948" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">> 82% chance</a> of winning the day before the vote, and Kalshi had him near 80% on Sunday morning. Both platforms are<a href="https://decrypt.co/resources/what-are-decentralized-prediction-markets-myriad-polymarket-kalshi" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow"> prediction markets</a>, where a contract that pays $1 if a candidate wins trades at 80 cents when traders see an 80% chance. Polling pointed to a coin flip rather than a favorite, with the latest Datafolha survey tied at 50% each among valid votes and CNT/MDA showing Bolsonaro ahead 50.5% to 49.5% in mid-October. Lula won 51.79% to 48.21%, a margin of about 4.4 million votes, according to Brazil’s Superior Electoral Court. Bolsonaro said on Sunday night that he does not recognize the result and will ask the courts to annul the election, after pledging in August to respect the outcome. He objected to Supreme Court Justice Cristiano Zanin’s decision to extend voting until 7 p.m. at the request of Lula’s campaign, which he said changed the rules midgame. His own campaign had separately asked for extr
Google Quietly Updates Privacy Policy to Let Gmail and Photos Data Feed Ads
Google has carved out an exception to its long-standing promise not to use Gmail, Drive, and Google Photos content for advertising, quietly revising its <a href="https://policies.google.com/privacy?hl=en-US&client_theme=dark" target="_blank" rel="noopener" class="sc-adb616fe-0 dJryYS">>privacy policy</a> so that data from those apps can help personalize ads when users connect it to the company’s AI features. The change, which took effect Oct. 16 and was first spotted by <a href="https://www.androidauthority.com/google-personal-intelligence-privacy-3727111/" target="_blank" rel="noopener nofollow external" class="sc-adb616fe-0 dJryYS">>Android Authority</a>, adds a conditional clause to a pledge Google has made for years. The updated policy now reads that Google doesn’t show personalized ads based on content from Drive, Gmail, or Google Photos “unless you choose to make data from these services available to other Google services that support personalized ads.” The catch hinges on Personal Intelligence, Google’s push to make its AI tools more useful by letting features like AI Mode in Search and Gemini draw on a user’s own data. Connecting Gmail, Drive or Photos to those tools delivers more tailored answers, such as surfacing a hotel reservation buried in an inbox. But under the revised wording, that same connected data can now also inform which ads a person sees. Google stressed the limits. Content from the three services still isn’t used for ad targeting by default, advertisers don’t get access to the contents of anyone’s Gmail, Drive or Photos, and the company says it won’t share personally identifying details without permission. In practice, that means Google isn’t scanning private emails and photos wholesale to sell ads, but users who opt into its AI conveniences may be trading some ad privacy for them. Users can opt out by disconnecting the apps under Connected Content apps in their Google Account’s Data & privacy settings, or by turning off personalized recommendations, though Android Authority noted that previously collected data may linger in a user’s Search history even after disconnecting. The quiet rollout echoes recent Google privacy posturing around its AI ambitions. As <i>Decrypt</i> reported in May, Google’s Chrome browser began <a href="https://decrypt.co/367060/chrome-quietly-installing-4gb-ai-model-computer" target="_blank" rel="noopener" class="sc-adb616fe-0 dJryYS">>silently installing</a> a multi-gigabyte on-device AI model on users’ computers, and separately removed a privacy claim tied to its <a href="https://decrypt.co/367193/chrome-removes-privacy-claim-gemini-nano-google" target="_blank" rel="noopener" class="sc-adb616fe-0 dJryYS">>Gemini Nano model</a>, both moves that drew scrutiny over how the company handles user data as it races to embed AI across its products. <span class="md:block">Start every day with the top news stories right now, plus original features, a podcast, videos and more. </span>
Bitcoin trades near $80,000 as ETF buyers exit
CoinWorld data: Glassnode reports that Bitcoin traded near $80,000 on Monday, after a mid-week rally toward $85,000 last week failed to hold. Longs continued paying on funding rates, while options traders hedged, and spot and ETF buyers chose to exit as prices fell.
CryptoMichNL: $SUI has become a key pillar of my portfolio.
CryptoMichNL, an analyst, stated that although many fundamental tokens have shown poor price performance, he believes this situation will not last long. He pointed out that the divergence in the market is very obvious, and investors usually only show interest when consensus becomes clear. He believes that $SUI is infrastructure built for the smooth operation of AI agents and has huge potential in the payments sector in the future, making it an important pillar of his portfolio. Although the market is currently undergoing a broad correction, he expects the market to find a bottom and rebound within the next 1-2 weeks, which will be the best time to invest in strong assets.
Japanese AI startup Sakana AI announces it will train its own large model.
According to a report by Nikkei, Japanese AI startup Sakana AI has announced that it will train its own large model from scratch.
Amazon and Google took a 16% cut of revenue from the Anthropic cloud marketplace in 2025.
According to CoinWorld news, Amazon and Google will take a 16% cut of every dollar Anthropic generates in their cloud marketplaces in 2025.
Charles Schwab predicts Bitcoin will reach $100,000 within 6 months.
According to Bijie.com, Charles Schwab stated that Bitcoin will reach $100,000 within the next 6 months, institutional adoption is rising, and ETF inflows reached $2.6 billion in September.
Sakana AI of Japan will build a domestic model from scratch.
CoinWorld news, Japan's Sakana AI announced that it will build a domestic artificial intelligence model from scratch, according to a report by Nikkei.
Chainlink CustodySync目标机构DEFI，潜在机会达7000亿美元
CoinWorld data: Chainlink's CustodySync solution aims to connect qualified custodians to the decentralized finance (DeFi) lending market, with a potential opportunity of up to $700 billion. The solution allows assets to remain secure in regulated custody while providing institutional investors with access to DeFi lending. Anchorage is the first qualified custodian to adopt CustodySync. The DeFi lending market is worth more than $80 billion, while approximately $700 billion in digital assets are held in custody. Chainlink believes that connecting traditional finance with DeFi is about more than unlocking capital—security, risk management, and operational reliability are equally important. The CustodySync solution synchronizes custody and lending systems throughout the loan lifecycle, helping institutions access the DeFi lending market while keeping assets secure.