Author: 行政

AI-directed bank accounts could move deposits rapidly among banks, weakening a funding advantage that helps finance long-term credit, according to a Federal Reserve Bank of Dallas analysis published Aug. 25.Although customers can withdraw demand deposits at any time, balances tend to remain at banks for years, and deposit rates usually rise by less than market rates. That makes deposits behave partly like long-duration funding.The Dallas Fed approximates their effective duration as weighted average life multiplied by one minus the deposit beta, which measures how responsive deposit rates are to short-term rates.Instant settlement would let yield-sensitive customers switch banks quickly, while…

80% of Americans say the US faces a retirement crisis, up from 67% in 2020. Inflation, debt and market volatility are making retirement saving harder for millions. Americans are curious about AI for money management but remain wary of financial advice from it. Crypto gets a chilly reception, with 53% opposing it in workplace retirement plans and 77% calling it risky. Retirement is looking less like a golden age and more like a financial headache for millions of Americans. A new survey from the National Institute on Retirement Security (NIRS) found that 80% of Americans believe the US is facing…

Cardano and Solana are testing two competing approaches to on-chain governance, with one exposing the cost of voter absence and the other shifting more power to default representatives who may have their own economic interests.Cardano’s constitutional committee renewal requires separate approval from delegated representatives, or DReps, and stake pool operators. Solana instead allows validators to cast governance votes using the active stake delegated to them unless individual stakers override that choice.The distinction is becoming visible in simultaneous votes on both networks.Cardano faces the more immediate risk. An Aug. 26 snapshot showed support for its committee renewal below the required thresholds…

Solana’s mainnet is producing blocks faster after its first staged slot-time reduction moved the network’s target from 400 milliseconds to 350 milliseconds.Faster slots shorten block-level feedback and confirmation thresholds measured in slots, while throughput depends on a separate set of limits.The Solana Foundation confirmed the mainnet change after the feature gate activated at slot 440,208,000, the first slot of epoch 1019. A feature gate is the switch validators use to coordinate a protocol change, and under the one-epoch delay required by SIMD-0525, the new timing applied when epoch 1020 began on Aug. 21.A slot is the window in which a…

Bitcoin is trading between $80,000 and $78,000, and faces two option strikes that could shape dealer hedging into Friday.Reported call exposure at $75,000 and $80,000 creates a test of whether those positions dampen Bitcoin’s next move or add force to a break.Roughly 81,700 Bitcoin options representing about $6.4 billion in notional are scheduled to settle on Deribit at 08:00 UTC on Aug. 28.A refresh of Deribit’s BTC options data placed its Bitcoin reference price near $78,514. Applied to 81,700 one-Bitcoin contracts, that gives about $6.415 billion in notional.The $75,000 call strike carried about $236 million in reported notional, while the…

2026 Commemorative Coins   OldSales LatestSales Gain/Loss %Increase 2026-P Uncirculated FIFA World Cup Half Dollar 5,859 5,926 67 1.14% 2026-P Proof FIFA World Cup Half Dollar 15,722 15,762 40 0.25% 2026-P Uncirculated FIFA World Cup Silver Dollar 4,628 4,643 15 0.32% 2026-P Proof FIFA World Cup Silver Dollar 17,834 17,923 89 0.50% 2026-W $5 Uncirculated FIFA World Cup Gold Coin 697 704 7 1.00% 2026-W $5 Proof FIFA World Cup Gold Coin 1,157 1,158 1 0.09% 2026 FIFA World Cup Three-Coin Proof Set 2,633 2,635 2 0.08% 2025 Commemorative Coins   OldSales LatestSales Gain/Loss %Increase 2025-S Proof U.S. Marine Corps…

Avalanche Treasury Corp approved a $10 million Class A share-repurchase program after reporting a $44.7 million second-quarter loss, with about $35.7 million attributed to losses linked to AVAX.Management described the program as one tool to create shareholder value while it sees a market disconnect.The company’s Aug. 26 results release discloses the board’s approval and contains no disclosure of completed purchases, and its immediate effect is a statement of management intent.The company said the $35.7 million reflected fair-value changes, realized digital-asset losses, and impairments. That mix includes accounting adjustments and realized losses, making it distinct from a measure of cash expenditure…

The Smarter Web Company, which reported holding 2,712 BTC earlier this month, said Jesse Myers, Head of Bitcoin Strategy, will leave on Sept. 1 while its Bitcoin Treasury Policy remains unchanged under board oversight.The Aug. 25 notice did not give a reason for Myers’ departure, name a successor or say how his responsibilities would be reassigned. Those unanswered questions matter because Myers held a documented operational role in the company’s Bitcoin strategy.In January, Smarter Web identified Myers as part of the senior executive team responsible for day-to-day management of the group. His remit included implementing the treasury strategy, improving Bitcoin…

Thailand is proposing a crypto exchange-traded fund (ETF) framework that would give domestic fund managers, the Stock Exchange of Thailand and locally regulated custodians a structural advantage as the country opens the market to Bitcoin and Ethereum products.On Aug. 24, Thailand’s Securities and Exchange Commission (SEC) opened public comment on rules that would initially allow passive, single-asset funds focused on Bitcoin or Ethereum. Each fund would need to maintain an average net exposure of at least 80% of net asset value to its chosen asset over an accounting year. Related ReadingThailand’s SEC gives Tether and USDC the green light for…

Bitcoin Core has merged a redesign of its optional transaction index that cut about 40 GB from the database in one contributor’s mainnet test. Operators using -txindex retain their existing indexes through an upgrade; capturing the full saving requires recreating the database.Pull request #35531, merged into Bitcoin Core’s master branch on Aug. 15, reduced the author’s rebuilt mainnet txindex from about 66 GB to 26 GB. The roughly 61% reduction is confined to this optional index. Bitcoin’s blockchain and the rest of a node’s data directory remain outside the measurement.The code is merged upstream. Stable binaries follow a separate release…