Author: 行政

The US Securities and Exchange Commission’s proposed crypto custody fallback could broaden investment choices while making them easier for larger advisers to offer.The agency’s economic analysis says the expense of safeguarding assets and arranging independent oversight may lead smaller firms to decline to offer the service.Approved on Oct. 1, the proposal would let advisers hold covered client crypto assets when an eligible custodian is unavailable, subject to safeguards. Table 8 models certain annual costs of $433,833 per adviser using that option.That estimate includes an independent control report but leaves out some potentially significant technology costs.For clients, the consequence could be…

Ethereum layer-2 network built around native yield Blast said on Oct. 2 that it will shut down because maintaining the chain costs more than it earns.The project asked users to move their assets to Ethereum mainnet by Oct. 26 to withdraw through its normal interface.Blast said in its shutdown announcement that it sees no credible path to making the network economically sustainable. It plans to wind down the chain through an asset withdrawal process that will temporarily interrupt users’ ability to exit.The decision comes nearly three years after Blast disclosed $20 million in funding from Paradigm and Standard Crypto on…

Stablecoin issuers are emerging as a new source of demand for US government debt as foreign official holdings lose ground.Tether and Circle have increased their Treasury securities and repurchase-agreement holdings by about $200 billion over the past five years, equivalent to more than 40% of the decline in China’s Treasury holdings over the same period, researchers at the Federal Reserve Bank of San Francisco said.The shift is beginning to alter the investor base underpinning the world’s largest government bond market. Stablecoin issuers’ Treasury holdings have risen more than tenfold in five years as demand for dollar-linked digital tokens expanded, while…

Bitcoin’s rally is approaching a $90,000 test as a rare accumulation pattern reappears and sell-side liquidity thins.On Oct. 2, Bitcoin registered an intraday high at $87,000 after buyers broke through a sell wall around $85,000 that had stalled several previous attempts to advance.Glassnode said some of those orders were filled and the remainder withdrawn, leaving a smaller concentration of asks around $87,000 and less visible liquidity immediately above.Bitcoin cleared $85,000 after sell orders vanished, then met new resistance near $87,000. Source: GlassnodeAt the same time, bands on CryptoQuant’s Bitcoin Accumulation Trend chart have begun contracting, reviving a pattern seen before…

A third-party lending adapter built on Aave was exploited to steal about 114 ETH, worth over $300,000, while the protocol itself remained unaffected.On Oct. 2, blockchain security firm SlowMist said the attacker compromised two Safe multisig wallets through a flaw in the FlashLoopAdapter used with Aave v3 positions. The exploit allowed the attacker to bypass the adapter’s authentication checks, execute arbitrary calls, and drain collateral from the affected wallets.SlowMist estimated the direct loss at about 114.09 ETH. It said roughly 1,300 WETH of debt was also repaid during the attack to unlock collateral tied to the positions.Aave founder Stani Kulechov…

Evernorth’s shareholder vote has advanced its plan to become a publicly traded XRP treasury. Its next round of token buying hinges on cash left at closing: disclosed delayed subscriptions, conditional notes and expected trust proceeds imply roughly $88.5 million in gross sources if all three settle, before expenses and other uses.Evernorth and Armada Acquisition Corp. II, its merger partner, announced on October 1 that shareholders had approved the combination on September 30. They expect closing on October 7, subject to remaining conditions, followed by trading of the combined company’s Class A stock on Nasdaq under XRPN on October 8.That timetable…

Strategy’s Bitcoin credit calculator produced an illustrative STRC price of $210.90 on Oct. 2, while displaying a market-price input of $99.50 for the perpetual preferred stock. The issuer also retains the option to redeem shares at $101, or a higher amount it chooses, plus applicable unpaid dividends.That gap exposes the limits of the calculation. The published formula holds the current dividend constant and replaces the market’s credit spread with a modeled Bitcoin spread. It contains no explicit valuation of the issuer’s call option or a path for future dividend resets. Strategy’s pricing dashboard separately discloses those features and warns that…

A newly disclosed unfunded-channel flaw could leave Eclair, a Bitcoin Lightning implementation, crashing repeatedly without an attacker spending BTC on-chain. The flaw affected reachable nodes running v0.14.0 and earlier, with saved channel records making a restart insufficient to restore service.Researcher Erick Cestari published the persistent-crash finding Sept. 30 and explained it alongside a separate denial-of-service bug in an Oct. 1 developer post. Both were fixed in v0.14.1, released in July, before the public disclosures. ACINQ now recommends the later v0.14.3 security release for separate vulnerabilities.Why restarting could failEclair limited the number of pending channels a peer could open, but inconsistent…

Bitcoin’s quarter-end liquidity signal changes direction depending on which reserve measure is used. Federal Reserve data released Oct. 1 show bank reserves falling $88.236 billion between Sept. 23 and Sept. 30 Wednesday snapshots, while their weekly average rose $17.897 billion.Reserves are balances banks hold at the Federal Reserve to make and receive payments. Their level matters for dollar financing, but a reserve chart alone cannot establish whether pressure reached Bitcoin. The balance-sheet decline is largely accounted for by Treasury cash and reverse repos, predominantly involving foreign official accounts. September 30’s median cost of Treasury-backed overnight borrowing was 3.90%, within the…

Cardano’s “bank the unbanked” push went live with RealFi, putting real-world credit behind a new dollar-token system.On Oct. 1, RealFi launched USDrf and its yield-bearing counterpart, sUSDrf, on Cardano, moving a project Cardano’s founder Charles Hoskinson has spent years describing as a bridge between blockchain finance and lending in emerging markets into production.Eligible retail users can acquire USDrf and stake it for sUSDrf, which offers variable returns generated from the underlying portfolio. Direct minting and redemption with the issuer are reserved for verified institutional partners, creating different exit rights depending on who holds the token.Hoskinson said in July that he…