Author: 行政

Cardano’s delegated governance voters let a 12.29 million ADA request for Pogun expire without ratification, showing that Input Output’s history as a founding builder does not guarantee access to the network’s treasury.Pogun is an Input Output-backed credit and liquidity product designed to bring Bitcoin into decentralized finance. Its proposal offered Cardano a share of the business in exchange for development funding. Charles Hoskinson says the product is still headed to Cardano. Future Input Output ventures will follow technical and commercial fit instead of an automatic Cardano-first policy.The result is a clear test of decentralized control. Cardano’s representatives withheld public capital…

Almost 4,000 Bitcoin left Liquid’s reserve on Sept. 6 through a withdrawal the network approved, even though the private keys used to authorize it hadn’t been stolen. Software had accepted a withdrawal that should never have qualified.Liquid lets people move a Bitcoin-backed token on a separate blockchain designed for faster, more private transactions. Bitcoin goes into a shared reserve, and users receive tokens called L-BTC, each intended to represent one BTC. When users redeem those tokens, the corresponding coins come out of the reserve.According to TRM Labs’ reconstruction of the attack, attackers exploited a software flaw to create L-BTC without…

Solana validator coordination now operates on a 250-millisecond target slot time. A slot is the network’s target interval for a validator to produce a block, so the change gives users more frequent opportunities for transactions to land while giving validators less time to pass production from one leader to the next.The change became effective at epoch 1037 on Sept. 18, according to the Solana engineering changelog and a Solana Compass report that placed the transition at about 05:06 UTC. One early Sept. 20 sample covering 60 one-minute windows observed about 266ms per produced slot. Epoch 1037 skipped about 0.05% of…

A strange thing has happened to Bitcoin’s derivatives market over the past five years. The market is larger, institutions play a much bigger role, exchanges offer more sophisticated products, and traders have become far better at moving risk around. At the same time, one of the products that helped build that market has almost disappeared from the crypto-native venues where Bitcoin derivatives first took off.Dated futures volume across the offshore venues tracked by Glassnode is now about 97% below its 2021 level. Options, meanwhile, have expanded from roughly one-quarter of crypto-native Bitcoin derivatives open interest to nearly half, gaining share…

Some of the most consequential financial rules begin with surprisingly little text.For example, on page 36 of the European Commission’s current MiCA review, item 66 asks whether Europe’s treatment of staking is adequate and, if it isn’t, what requirements should apply to companies providing staking services.The question is brief, but the consequences wouldn’t be.There isn’t a proposed staking license, a new capital requirement, or an agreed position in Brussels that any of those things should exist. The European Commission’s MiCA review consultation remains open until Sept. 30 at 23:59 CEST and could eventually feed into legislation that amends MiCA, but…

Availability remains tight across the United States Mint’s 2026 product lineup. Of 75 offerings released so far this year, 50, or 66.7%, are currently unavailable, leaving 25 still on sale. CoinNews photo of the 1776 ~ 2026 Reverse Proof Morgan and Peace Silver Dollars among the 25 US Mint products still available to collectors Much of the limited availability traces to collector demand for Semiquincentennial features: one-year-only 2026 designs, the 1776 ~ 2026 dual date and anniversary privy marks. Circulating-quality rolls and bags have taken the brunt, with 37 of 38 options unavailable. The overall unavailable rate compares with 39…

The Bank of Russia has proposed a 1% crypto capital cap, limiting covered crypto and foreign-digital-instrument risk to a bank’s own funds while leaving some client custody positions outside the new calculation.The Sept. 18 proposal would create N31 for individual credit institutions and N32 for banking groups on a consolidated basis. Each ratio compares covered exposure with the relevant institution’s capital, not its total assets. The rules remain in draft form.The two-level structure subjects both a bank and its wider group to the same proposed percentage ceiling. N31 uses the individual institution’s own funds, while N32 uses consolidated group capital,…

Every paycheck eventually has to pay for something: rent, groceries, transport, or bills.Stablecoins can move between wallets in seconds. But that does not mean an employee can spend the money immediately. They may still need to convert the stablecoins into local currency, move the money to a bank account, and pay fees along the way.That’s becoming more important as companies offer stablecoin payroll.Galaxy Payroll Group announced its own service on Sept. 2, with a rollout planned through September. Deel, which already offers stablecoin payouts, updated its employer guidance on Sept. 17. Deel stressed that paying with stablecoins does not remove…

Bitcoin held above $80,000 this weekend while three institutional indicators pointed in different directions.The Sept. 15 snapshot from the Commodity Futures Trading Commission showed leveraged funds becoming less net short across four regulated Bitcoin futures products. Their aggregate net-short exposure fell by the equivalent of 7,275 BTC from the prior week. Asset managers, meanwhile, reduced their aggregate net long by 4,733 BTC-equivalent.A separate spot-demand measure was also mixed. Farside Investors’ ETF table recorded $592.5 million of US spot Bitcoin ETF inflows over Sept. 17 and Sept. 18, but the full Sept. 14-18 week finished with only $6.1 million of net…

You can be right about who will win an election and still pay too much to bet on it. On prediction markets, the price available when you open the app may be gone by the time you try to buy, especially when news sends other traders rushing toward the same outcome.It took very little time for the market to see a business opportunity in this. On Sept. 9, DoubleZero announced that it had added Kalshi’s election and politics markets to Edge, a service designed to deliver trading data over a dedicated network. It carries the exchange’s order book, showing the prices…