Hester Peirce, commissioner of the Securities Exchange Commission (SEC) and head of the SEC's cryptocurrency working group, reaffirmed the right to self-custody of cryptocurrencies and the privacy of financial transactions. Peirce added that online financial privacy should become the standard. Meanwhile, according to Senator Tim Scott, the Digital Asset Market Structure Clarity Act has been delayed until 2026. The bill is a cryptocurrency market structure bill with provisions such as self-custod...
As surging gold prices shake up global markets, a dark battle over gold "vaults" is quietly escalating in London. Citi and Morgan Stanley are plotting to enter the London gold warehousing and clearing business, taking direct aim at the hinterland of JPMorgan's long-held monopoly. Click to view...
Circle (CRCL) has announced Safe (formerly Gnosis Safe), a crypto-security platform, as an "institutional storage solution" for its USDC stablecoin. Safe is a multi-signature-based smart account platform that currently manages over $60 billion in digital assets, of which at least $2.50 billion is USDC.
Tianfeng Securities Research Report pointed out that in order to break through the bottleneck of computing power and the restriction of "storage wall", "memory-based computing" came into being as a disruptive technology paradigm. This technology realizes the strategic expansion of the storage layer from memory to SSD by migrating vector data (such as KVCache) in the process of AI inference from expensive DRAM and HBM memory to large-capacity and cost-effective SSD media, rather than simple repla...
Five reasons to support the market calm, but still need to be wary of Trump's extreme personnel appointments may break the logic of the TACO transaction, and investors' response to the Fed's politicized "earnings code" will be... Click to view...
UBS said Federal Reserve Chairperson Jerome Powell's Jackson Hole speech demonstrated "classic Powell style" - signalling an increase in the probability of a September rate cut to hedge against trade tariffs, but lacking medium-term policy framework guidance for economies facing structural change. Markets welcomed the rate cut hints, but the bank argued that its core message was essentially "data dependence wrapped in rhetoric". UBS pointed out that...