Author: 行政

TRON’s draft quantum-signature design could leave some migrated accounts unable to replace their keys after network governance disables the signing scheme they depend on. Some of those accounts could still make payments through a separate permission.The design includes a possible recovery route through a second quantum-resistant signature scheme. To use it, holders would need the surviving keys to meet the account’s existing owner threshold, the level of authority required to change permissions. A backup key authorized only for payments would leave that repair power out of reach.That is the practical question behind Justin Sun’s quantum push. On Aug. 8, 2026,…

India’s securities regulator has launched a pilot that places corporate bonds and their cash settlement on linked digital rails, moving ₹1,025 crore through the first three issuances while preserving the securities’ existing legal and economic terms.The Securities and Exchange Board of India announced Demat 2.0 on Sept. 10 after REC Limited, L&T Limited and IIFL completed tokenized bond issues on Sept. 7 and Sept. 9. The transactions comprised ₹500 crore from REC, ₹500 crore from L&T and ₹25 crore from IIFL, according to SEBI’s release. Further Stage I issuance is ongoing.The central change is how the security and payment meet.…

Opposition to the CLARITY Act widened on Sept. 14 as banks, Democrats, state attorneys general and developer advocates rejected key compromises.The backlash came hours after Senate Republicans released what they described as their final version of the landmark crypto market-structure bill, incorporating 126 substantive changes Democrats requested and new provisions to resolve disputes over ethics, stablecoin rewards, developers and prediction markets.However, those changes have yet to win over several of the bill’s most vocal critics, as banking groups said new protections against deposit flight would act too late, and Democrats challenged the strength of ethics restrictions involving President Donald Trump.The…

A future quantum-safe Bitcoin will have to pass through the systems that hold and move today’s coins. Exchanges, institutional custodians, hardware wallets and key-management platforms would all need to adopt new rules while continuing to process deposits, withdrawals, approvals, backups and recoveries.That operational challenge moved to the center of the debate after Coinbase published a September 9 account of a post-quantum Bitcoin workshop it hosted with Stanford and Localhost Research. Coinbase said the closed-door session brought together developers, cryptographers, institutional custodians and hardware-wallet experts. Participants reached no consensus on an exact post-quantum approach and identified open tradeoffs involving transaction size,…

Senate Republicans rewrote key parts of the CLARITY Act as they made a final push for Democratic votes Tuesday.“This text is truly bipartisan and includes more than 120 of Democrats’ demands,” Sen. Cynthia Lummis said Monday as she, Senate Banking Committee Chairman Tim Scott and Senate Agriculture Committee Chairman John Boozman released the final draft.Republicans put the tally at 126 substantive changes Democrats requested over more than a year of negotiations.The newest round is narrower, concentrating on four disputes that remained unsettled: ethics rules for federal officials, a backstop for stablecoin-related bank deposit flight, the scope of developer protections and…

Staking was supposed to strengthen Ethereum exchange-traded funds (ETFs), but BlackRock’s early results show investors still favor its original fund.When US spot Ethereum ETFs launched in July 2024, the absence of staking was widely identified as one of their biggest structural disadvantages. Investors buying the funds gained exposure to ETH’s price but forfeited the rewards available to holders who committed their tokens to securing the Ethereum network.At the time, JPMorgan cited the removal of staking from ETF filings as one reason it expected weaker demand than for Bitcoin funds. BitMEX Research similarly argued that institutional investors could find non-staking products…

Tuesday’s US estimated-tax deadline will shift cash toward the Treasury, testing whether last week’s improvement in bank reserves can hold through the Federal Reserve’s meeting. Bitcoin liquidity could come under pressure if the transfer tightens dollar funding and limits risk-taking before policymakers conclude their September 15–16 meeting.The IRS calendar sets September 15, 2026 as the third installment deadline for individuals and corporations subject to estimated-tax payments. It falls on the opening day of the Fed meeting, putting a scheduled cash movement alongside the policy decision due the following day.Bank reserves are balances commercial banks hold at the Fed. They support…

Newly released Federal Reserve data show domestic hedge funds expanded their gross balance sheets during the second quarter, months before the central bank’s September rate decision.The potential risk to Bitcoin is indirect. A policy surprise could raise funding or collateral demands across leveraged portfolios, forcing funds to find cash in liquid markets. Related ReadingFed Chair Kevin Warsh triggers a $488 million crypto liquidation cascade as rate-hike expectations rise Gross asset value was $2.7857 trillion in the first quarter. It reached $3.1859 trillion in the second quarter. That was a $400 billion increase. The table defines gross asset value as total…

Leveraged funds, a CFTC category that includes hedge funds and other money managers, increased their combined net short across four regulated Bitcoin futures markets by 1,668 BTC in the week to Sept. 8.The BTC-normalized position widened to 39,876 BTC net short from 38,208 BTC a week earlier, according to CFTC futures-only data. The calculation covers CME’s standard and micro Bitcoin futures and Coinbase Derivatives’ nano and nano perpetual-style contracts, using each market’s stated Bitcoin multiplier. The aggregate measures futures exposure alone, leaving the split between outright bets and hedges unresolved. Related ReadingMassive Bitcoin derivatives gap between CME and Coinbase threatens…

KULR Technology Group has sold its remaining Bitcoin, completing a retreat from a treasury strategy it began unwinding in August.The battery technology company sold about 764 Bitcoin between Aug. 20 and Sept. 11 for roughly $58.6 million in gross proceeds, according to a regulatory filing. The transactions were completed at a weighted average price of about $76,633 per Bitcoin.The sales reduced KULR’s Bitcoin holdings to zero as of Sept. 11, closing out a position that the company had already cut sharply as it repaid debt, ended its mining operation, and redirected capital toward its core energy business.KULR said it sold…