Author: 行政

DBS and Citi completed what they called the first weekend cross-border US dollar payment between Singapore and the United States on Saturday, settling in minutes using tokenised deposits on Swift’s blockchain-based ledger. Tokenised deposits are claims on commercial-bank money that can move around the clock; the funds stayed inside regulated banking channels rather than circulating as a public stablecoin. The transfer ran on a Swift ledger pilot launched in July with 17 banks across six continents, including HSBC, Citi, DBS, Standard Chartered, UBS and BNP Paribas. DBS and Citi settled a cross-border US dollar payment between Singapore and New York…

The value backing depositors’ shares in a modeled XRP Ledger loan book falls by 90,000 tokens when one loan defaults, compared with 4,500 when the same 100,000 tokens of bad debt sits in ten smaller loans. Both books start with 1 million tokens of debt, a 200,000-token reserve and identical protection settings.The 20-fold gap comes from how the documented lending rules release that reserve. Each default gets a separate cover calculation. Loan size therefore changes how much loss reaches depositors, even when the total unpaid debt and the capital available to absorb it stay the same at the outset.XRPL’s lending…

Tether-backed Orionx is shutting down with customer withdrawals frozen after more than $7 million left its custody.The Chilean crypto exchange said a forensic audit found that customer assets had been transferred to wallets outside its control, prompting it to begin a permanent closure and suspend withdrawals while it determines how much it can return.The failure comes less than a year after Tether invested in Orionx in June 2025, following an earlier investment by affiliated exchange Bitfinex in 2023. Tether’s backing had been intended to support Orionx’s expansion across Latin America.Customers now face a less certain outcome. Chile’s Comisión para el…

Harmony is proposing to shut down the blockchain it controversially restored through a rollback less than three weeks ago.The Sept. 6 plan would end Harmony’s independent network, move ONE to Ethereum, and preserve the token through a snapshot and airdrop, reversing the project’s position from Aug. 17, when it rejected migration as too disruptive.Instead, Harmony chose to roll back the chain after an Aug. 11 exploit that allowed attackers to reuse cross-shard receipts and mint tokens without corresponding debits elsewhere.The project initially reported 4 billion ONE created in the attack. Its broader reconstruction later put unauthorized issuance at roughly 3.01 trillion…

UBS’s new forecast of two Federal Reserve rate hikes this year extends Bitcoin’s potential macro headwind through December. The issue reaches beyond September’s decision: investors may have to weigh the cost of holding a non-yielding asset against interest-bearing alternatives through the end of 2026.Reuters reported Sept. 7 that UBS Global Wealth Management now expects increases of 25 basis points, or a quarter of a percentage point, in both September and December. It had previously expected no policy change this year. UBS cited strong August labor data, hawkish Fed communication and inflation risks from supply bottlenecks.Markets are already moving toward that…

Ethereum arbitrage generated about $5.24 in builder receipts for every $1 burned in a 30-day sample reported by blockchain data provider Bitquery. Its allocation puts 49.3% of measured surplus toward block assembly, 9.4% toward burned fees and 41.3% with trading operators.For ETH holders, the finding shows why trading activity and the investment case for holding the token require different measures. Payments reward participants executing and ordering trades; fee burning changes ETH supply. Builders also pay validators to propose blocks, so the largest receipt bucket does not identify the largest final profit.The investigation marks its figures verified Aug. 31, 2026. Its…

Lending protocol Moonwell’s proposed rate changes could cut monthly interest accruing on bad debt by about 85%, according to Anthias Labs’ projection. Its Sept. 4 recovery update leaves access to USDC and a return to borrowing as separate hurdles.Moonwell said in the update that governance proposal MIP-X66 had entered its vote collection period. The package combines changes to market risk settings, interest-rate models and the use of protocol reserves to recapitalize the USDC market.The Sept. 4 announcement described what would happen after execution, without confirming reserve transfers or setting a supplier repayment timetable. MIP-X66’s subsequent execution status and actual USDC…

ARK Invest and Glassnode have put a new number on blockchain capture risk: the smallest group of block-production entities needed to cross a protocol-relevant control threshold.Their joint scorecard, published Sept. 1, put the threshold at three entities for Bitcoin and Ethereum and 19 for Solana. The same framework placed Bitcoin first in its composite decentralization ranking. The apparent tension reflects different forms of network exposure. The coalition needed to disrupt consensus is one risk measure; ownership, infrastructure, software, auditability and exit speed describe other routes to pressure a network.Institutions considering a blockchain as settlement infrastructure must define the failure they…

Australia’s financial intelligence regulator AUSTRAC said Sept. 7 that it canceled, suspended or refused to renew 45 remittance and virtual asset provider registrations over the past year, highlighting how failures under the registration regime can cost businesses permission to operate.The disclosure covers both sectors, with AUSTRAC saying the actions removed those businesses from its registers. AUSTRAC CEO Brendan Thomas said businesses with canceled registrations can no longer operate. Related ReadingAustralia gives crypto firms until Sept. 30 to get licensed or risk enforcement AUSTRAC also linked its earlier cancellation of GetCoins, a virtual asset service provider, to disruption of alleged cryptocurrency…

Ethereum co-founder Vitalik Buterin has pushed back against predictions that artificial intelligence could trigger a 50% Bitcoin crash within two years.The debate began after Silicon Valley investor and AI-risk commentator Liron Shapiro said he sees a 50% probability that Bitcoin will fall more than 50% over the next two years because AI undermines what investors believe are the network’s security and robustness guarantees.However, Buterin took the other side of this position, saying:My basic reasons are that I am quite optimistic about cybersecurity in the long term and I see the primary problem as being getting the transition.Buterin argued that Bitcoin…