Author: 行政

CAC Grading CEO and Founder John Albanese A private auction tied to a limited CAC Grading label issue has generated a six-figure sum that will be distributed to nonprofit numismatic organizations and other charities. The fundraiser involved 20,000 certification labels bearing the autograph of CAC Grading founder and CEO John Albanese. Authorized modern bulk submitters competed for the labels, with the winning bid providing the money now earmarked for charitable giving. Coin clubs and other nonprofit numismatic groups are being invited to apply for a share of the proceeds. Requests must reach Albanese by Oct. 31 and should explain the…

Companies can own a mountain of US government debt without betting that bond prices will rise. Hedge funds buy Treasury securities and sell futures against them to collect a small pricing gap, borrowing most of the purchase money to make the return worthwhile.The government gets another buyer, whose interest lasts as long as the trade pays.The catch is that the loan can expire tomorrow while the trade needs longer to pay off. The government’s ability to repay its debt doesn’t solve the fund’s need to repay its lender.This is the Treasury cash-futures basis trade, and the sums involved are large…

The European Securities and Markets Authority wants to extend Europe’s restrictions on non-compliant stablecoins beyond trading to the services that let customers keep and move them. If adopted as proposed, the change would remove the option of leaving such tokens with a licensed custodian after their trading pairs disappear.In its September 30, 2026 response to a review of the EU’s Markets in Crypto-Assets regulation (MiCA), ESMA asks the European Commission to prohibit every licensable crypto-asset service involving stablecoins that fail the regulation’s applicable requirements. Custody and transfers fall within that service list. The consequence would reach existing holders who have…

Six US banks have failed in 2026 so far, which is one more than in 2023 and enough to make another banking-crisis headline practically write itself.But before we start reliving Silicon Valley Bank, it’s worth looking at what those six banks actually held: about $1.43 billion in combined assets, compared with roughly $552.54 billion at the banks that failed in 2023, according to historical numbers from the Federal Deposit Insurance Corporation (FDIC).Counting each bank as one gives you a perfectly accurate number and a pretty lousy sense of scale. This year’s total includes a lender with $3.73 million in assets,…

Leveraged funds’ reported Bitcoin futures shorts fell by about 5,300 BTC-equivalent in the week to Sept. 29, narrowing their net short even as their aggregate long exposure shrank.The Commodity Futures Trading Commission’s latest futures-only figures, released in the Oct. 2 reporting cycle, cover CME standard and micro Bitcoin futures plus Coinbase Derivatives’ nano Bitcoin and nano perpetual-style futures. The totals convert different contract sizes into BTC-equivalent exposure; they describe futures positions, not transfers of physical bitcoin.Compared with Sept. 22 positions, the funds’ reported shorts fell 5,299.69 BTC-equivalent and longs fell 908.99 BTC-equivalent. Their net short consequently narrowed by 4,390.70 BTC-equivalent,…

Arbitrum’s Security Council temporarily blocked new Stylus contract activations on Arbitrum One and Nova in an October 2 emergency action, restricting programs and app updates that require fresh activation. Already-active Stylus applications can keep running, while ordinary Solidity contract deployment and execution remain unaffected, according to the Council’s action report.Arbitrum attributed the precaution to increasingly sophisticated AI-assisted attacks involving hand-crafted WebAssembly programs outside the standard Stylus compiler toolchain. It said known Stylus bugs primarily threaten chain liveness, including denial-of-service risks, and that no attack permitting theft of user funds had been discovered. Related ReadingBoltz’s shutdown shows the real danger of…

Companies building AI applications can rent powerful computers instead of buying the equipment themselves, paying for access to the graphics processing units, or GPUs, that run their software.Lower rental prices make those applications cheaper to operate, but they can also make life harder for the company that bought the machines and needs the rent to pay its debts.If you’ve financed a room full of GPUs assuming customers will pay a certain hourly rate, a cheaper competitor can upset the calculation long before you’ve paid off the equipment. Your machines might still work perfectly, and demand for AI might still be…

Investors in LIBRA, the memecoin promoted by Argentine President Javier Milei, lost a district-court route to recovering their losses after a US judge dismissed the proposed class action over LIBRA and fellow memecoin M3M3.In a Sept. 29 opinion, Judge Jennifer L. Rochon dismissed the amended complaint with prejudice, denied permission to amend it again and ordered the Southern District of New York case closed. The decision also blocked investors’ proposed expansion of the lawsuit to three other tokens.The plaintiffs alleged that insiders controlled token launches and extracted funds from liquidity pools at outside investors’ expense.According to the complaint as recounted…

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…