Author: 行政

Put €10,000 into Ethereum staking at a 2.2% annual return and, if ETH’s price stays unchanged, you’ll earn about €220 over a year.That’s just €7 more than the same amount would earn at the average rate on new euro household deposits with maturities up to one year, but with Ethereum’s price volatility attached to every cent of your investment.Investors are still lining up, though, with roughly 1.38 million ETH waiting to enter staking as of Oct. 23 and an estimated wait of 24 days and nine hours.Another 44.1 million ETH, more than 36% of the supply, is already staked to help…

New York Attorney General Letitia James asked a state court on Oct. 22 to order cryptocurrency investment company NovaTech, its founders Cynthia and Eddy Petion, and related companies to pay more than $1.3 billion, following a 2025 default ruling on liability.The filing seeks $1,367,023,585, including interest, in damages from the NovaTech fraud. It advances the state’s claim for victims, but does not establish that this sum has been awarded, collected or distributed.According to the filing, an Aug. 4, 2025 default order found the defendants liable and ordered investor damages and disgorgement, or the surrender of money obtained through the fraud.…

HSBC began rolling out RedCoin (RCHKD), its Hong Kong dollar stablecoin, on Oct. 23 through its PayMe payments app, letting eligible users send tokens to other users and pay merchants.The bank’s launch announcement puts PayMe’s reach at more than 3.3 million users and over 100,000 merchants. Wallet activation will continue over the coming days, so these figures reflect the network’s potential reach.Payments are the initial use case, while tokenized investment subscriptions through the separate HSBC HK App remain planned for later this year.PayMe users must meet the wallet’s eligibility requirements and activate a stablecoin wallet before converting Hong Kong dollars…

Tether’s October 20 announcement of an investment in AI computing company Tenstorrent extends CEO Paolo Ardoino’s push for user-controlled technology. Yet QVAC, the stablecoin issuer’s local AI platform, shows why buying a laptop will not save every user money.The constraint is usage. In one dense-model scenario, QVAC’s estimated output over a working month falls short of the volume needed to cover a new machine’s assumed cost against cheap cloud access. Existing device owners face a different calculation because they have no new purchase to recover.Tether announced its participation as part of its effort to give developers and businesses more control…

The Office of the Comptroller of the Currency (OCC) has dropped a proposed automatic seven-day stablecoin redemption extension, while defining timely redemption as the point at which the issuer sends the money.An issuer can meet its payment deadline before an outside bank makes the proceeds available.The OCC’s final GENIUS Act rule, issued Oct. 21 and effective Jan. 18, 2027, retains an ordinary ceiling of two business days following a qualifying stablecoin redemption request. The endpoint is fully processed payment initiation, or, if the customer requests it, a credit to an account with the issuer.The rule applies to issuers within the…

Aave has lowered the utilization threshold at which borrowing rates for Tether’s USDT rise sharply on its Ethereum Core market, making loans more expensive sooner as pool liquidity tightens.Using the supply balance in an Oct. 20 recommendation by DeFi risk service provider LlamaRisk, the shift corresponds to roughly 57.8 million USDT more modeled unborrowed liquidity at the threshold.The change was executed on Oct. 21 in Ethereum block 26,241,799. The threshold fell from 94% utilization, the share of borrowed pool liquidity, to 92%. Borrowers can still go beyond that point, but the rate climbs more sharply once they do.The trade-off for…

Britain’s financial watchdog warned that crypto trading apps could need regulatory approval if their software decides customer transactions.In draft guidance published Oct. 21, the Financial Conduct Authority (FCA) said applications that select trading venues or transaction routes based on assessments of price, liquidity, costs or execution speed may be arranging crypto deals, an activity requiring authorization under rules taking effect in October 2027.The interpretation could bring decentralized finance (DeFi) aggregators and automated trading interfaces within the UK’s licensing regime, potentially forcing operators to obtain regulatory permission or change how their software handles customer trades.The proposal forms part of the FCA’s…

SpaceX perpetual futures trading surged around the company’s October 20 earnings release, even as Binance’s outstanding dollar exposure fell, according to market-data provider Talos.Talos’s October 22 report puts SpaceX perpetual turnover across Binance and Hyperliquid at about $6 billion in the post-earnings episode it describes, more than eight times the prior day’s volume. Talos also reported that Binance open interest fell about 8% after earnings.The figures separate trading activity around earnings from exposure left open afterward. Executions can create fee opportunities even while outstanding exposure contracts.SpaceX’s third-quarter results release scheduled its earnings call for 4:30 p.m. Eastern on October 20.…

US spot Bitcoin exchange-traded funds recorded about $635 million in net outflows Thursday as the cryptocurrency traded near the estimated cost basis of the funds’ Bitcoin holdings.The Oct. 22 withdrawals were the largest daily outflow since June 25 and reversed nearly 60% of the inflows the funds attracted over the previous three trading sessions, per SoSoValue data.BlackRock’s iShares Bitcoin Trust (IBIT) led the selling with $254 million in withdrawals, followed by Fidelity’s FBTC at $217 million. Together, the two funds accounted for approximately 74.2% of the day’s net outflows.US Bitcoin ETFs Daily Flows (Source: Trader T)ARK Invest’s ARKB shed another…

Coinbase will automatically convert customers’ remaining GYEN holdings into USDC next week, ahead of the stablecoin issuer’s final redemption deadline.The crypto exchange said in an Oct. 20 notice that it will disable GYEN transfers on Oct. 26 and convert outstanding balances between Oct. 26 and Oct. 30 at prevailing market rates without transaction fees.The decision comes as GMO-Z.com Trust Company winds down the Japanese yen-backed stablecoin, which has a market capitalization of approximately $13 million. Customers seeking to avoid Coinbase’s conversion must withdraw their tokens before Oct. 26.The shutdown marks the final chapter for a stablecoin whose troubled trading history…