Core Viewpoint - Zhao Changpeng, once a prominent figure in the cryptocurrency world, has returned to prominence through a controversial pardon from Trump, highlighting the murky intersection of money and power in the crypto industry [1][43][49] Group 1: Zhao Changpeng's Journey - Zhao Changpeng's rise began with significant personal risk, selling his assets to invest in Bitcoin, which he later leveraged to become a major player in the crypto market [3][7][9] - His founding of Binance in 2017, which raised $15 million through token issuance, was marked by aggressive strategies that prioritized user acquisition over regulatory compliance [13][15] - Despite reaching a net worth of nearly $100 billion during the Bitcoin boom in 2021, his wealth was built on practices that led to Binance being labeled a "money laundering tool" [18][20] Group 2: Legal Troubles and Pardon - In 2023, Zhao faced serious legal challenges from the U.S. SEC, resulting in a $55 million personal fine and a four-month prison sentence, while Binance was fined $4.3 billion [20][22] - Following his release, Zhao relocated Binance to the UAE, continuing operations in a regulatory gray area [22][49] - Trump's pardon is viewed as a transaction of mutual benefit, with Zhao allegedly providing financial support to Trump's family business in exchange for his release [46][49] Group 3: He Yi's Role - He Yi, a key figure in Zhao's success, transitioned from various jobs to become a co-founder of Binance, leveraging her marketing skills to significantly grow the platform's user base [25][29][37] - After Zhao's imprisonment, He Yi took charge, implementing strategies that increased Binance's user count by one million, demonstrating her capability in crisis management [38][40] - Their relationship is characterized by mutual benefit, with He Yi gaining power and influence while Zhao relies on her marketing prowess to stabilize Binance [35][37] Group 4: Industry Implications - The events surrounding Zhao and He Yi reflect broader issues within the cryptocurrency industry, including regulatory challenges and the potential for exploitation of legal loopholes [1][49] - The partnership between Zhao and Trump underscores the intertwining of politics and business in the crypto space, raising questions about the integrity of regulatory frameworks [43][46] - The reliance on gray market practices and political connections poses risks for the sustainability of their business model, suggesting that future regulatory actions could have severe consequences [51]

Market Overview - The three major indices reached historical closing highs due to moderate inflation data, leading investors to believe that the Federal Reserve can maintain its rate-cutting path, thereby boosting the U.S. economy and supporting higher stock valuations [1] - As of the close, the Dow Jones Industrial Average rose by 1.01% to 47,207.12 points, the S&P 500 increased by 0.79% to 6,791.69 points, and the Nasdaq Composite climbed by 1.15% to 23,204.87 points [3] Inflation Data - The U.S. Consumer Price Index (CPI) for September showed a year-on-year increase of 3% and a month-on-month rise of 0.3%, slightly below economists' expectations of 3.1% and 0.4% respectively; the core CPI, excluding food and energy, also came in lower than expected [6] - The CPI report was delayed due to the ongoing U.S. government shutdown, with warnings that inflation data may not be released next month [7] Federal Reserve Expectations - Following the CPI data release, traders increased their bets on the Federal Reserve cutting rates in the remaining two meetings of the year, with the probability of a December rate cut rising from approximately 91% to 98.5% [8] - Market expectations for further rate cuts are driving bank stocks higher, with major banks like JPMorgan, Wells Fargo, and Citigroup all seeing around a 2% increase [9] Stock Performance - Major tech stocks saw gains, with Nvidia up 2.25%, Microsoft up 0.59%, and Apple up 1.25%; however, Tesla experienced a decline of 3.40% [10] - Chinese concept stocks mostly rose, with the Nasdaq Golden Dragon China Index increasing by 0.27% [10] Company News - AMD and IBM both reached historical highs, with AMD rising by 7.63% and IBM by 7.88%; IBM announced successful operation of quantum computing algorithms on AMD chips, marking a significant step towards commercialization [12] - Morgan Stanley plans to allow institutional clients to use Bitcoin and Ethereum as collateral for loans, indicating a shift towards integrating cryptocurrencies into traditional finance [15] - Eli Lilly announced the acquisition of Adverum Biotechnologies, with a focus on gene therapy, offering a potential maximum payout of $12.47 per share based on performance milestones [16] - WeRide and Uber launched Robotaxi public operations in Riyadh, marking a milestone in autonomous vehicle deployment [17] - JD Logistics plans to purchase 3 million robots, 1 million unmanned vehicles, and 100,000 drones over the next five years to enhance its logistics supply chain [18]

本文由 AI算法生成，仅作参考，不涉投资建议，使用风险自担 【摩根大通年底前将允许机构用比特币和以太坊作贷款抵押】10月25日消息，摩根大通集团计划在今年 年底前，允许机构客户把持有的比特币和以太坊用作贷款抵押品。这一举措标志着华尔街融入加密货币 生态体系的速度正在加快。 ...

当地时间 2025 年 10 月 23 日，美国总统特朗普赦免了币安创始人赵长鹏。 "羊毛薅完了，放羊出来再长长毛" " 43 亿美金，撸完羊毛，再放出来 " "43 亿美元买张 4 个月体验卡，这大概是史上最贵的同情了" 白宫发言人莱维特表示，"特朗普总统行使宪法赋予的权力赦免赵长鹏，他是在拜登政府对加密货币发动战争 期间被起诉的"。 特朗普称赵长鹏遭到了拜登政府的 "迫害"，并补充称自己 "从未见过赵长鹏"，但 "很多人都说他没犯任何错， 应众多有影响力人士的请求，我赦免了他"。 赵长鹏随后发文称，对获得赦免 "深表感激"，称特朗普 "维护了美国对公平、创新与正义的承诺"，并表示将尽 一切努力帮助美国成为 "全球加密货币之都"，推动 Web3 在全球的发展。 赵长鹏于 2023 年 11 月与美国政府达成认罪协议，承认未能在币安落实有效的反洗钱措施，同意辞去币安首 席执行官职务，但得以保留公司控股权。 作为认罪协议的一部分，币安支付了 43 亿美元的罚款，赵长鹏本人也同意支付 5000 万美元罚款。2024 年， 赵长鹏入狱服刑 4 个月。 网友留言 1、 裁裁裁！亚洲最大 IT 外包公司裁员 19755 ...

【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com （责任编辑：贺翀 ） 美国9月CPI数据公布后，比特币涨至111745.9美元，过去24小时内涨2.66%；以太坊涨至4001.74美 元，过去24小时内涨4.04%。 ...

本报（chinatimes.net.cn）记者赵奕 上海报道 近日，周杰伦在社交平台上公开"寻人"，点名多年好友、魔术师蔡威泽。据多家媒体报道，事件原因或 涉及高达上亿元新台币的比特币代投纠纷。在周杰伦本人的影响力下，此次事件吸引了多方关注，也 让"熟人代投"的信任陷阱与加密市场的剧烈波动暴露在公众面前。 "近年来以比特币为代表的加密货币领域爆雷事件屡有发生，不仅给投资者带来巨大损失，也扰乱了正 常的经济秩序，甚至还会衍生出其他问题。"北京市京师律师事务所律师孟博向《华夏时报》记者表 示，对于新事物，投资者要保持理性，不要被所谓的暴利迷惑，更不要盲目追求高收益而忽视了高风 险，以免落入不法分子利用信息不对称所设置的各类陷阱。 北京大成律师事务所高级合伙人肖飒向《华夏时报》记者表示，根据2017年9月发布的《关于防范代币 发行融资风险的公告》，买卖虚拟货币的投资行为，在我国不受法律保护，因此委托他人投资虚拟货 币，在该投资行为中产生的损失是无法受到法律保护的。这一原则在2021年9月多部委联合发布的《关 于进一步防范和处置虚拟货币交易炒作风险的通知》进一步被强调，投资虚拟货币及相关衍生品，违背 公序良俗的，相关 ...

美国9月CPI数据公布后，比特币涨至111745.9美元，过去24小时内涨2.66%；以太坊涨至4001.74美元， 过去24小时内涨4.04%。 ...

摩根大通(JPM.US)计划在年底前允许机构客户将持有的比特币和以太币用作贷款的抵押品，这标志着 华尔街在加密货币领域的整合程度将有重大提升。据知情人士透露，该计划将在全球范围内推行，其将 由第三方托管机构来保管所质押的代币。该计划是基于摩根大通此前接受与加密货币相关交易所交易基 金作为抵押品的举措而制定的。 这种扩张表明，加密货币正以惊人的速度被纳入金融体系的核心架构之中。今年比特币价格持续上涨， 而特朗普政府也放宽了监管限制，各大银行开始将数字资产更深入地纳入贷款体系。 对于摩根大通而言，这既是一次象征性的转变，也是一次实质性的转变：摩根大通首席执行官杰米.戴 蒙此前曾将比特币贬斥为"被过度炒作的骗局"或"一块宠物石"，但现在他不再将加密货币视为边缘性的 投资选择。相反，它将像股票、债券、黄金以及其他常见的资产一样，被用作贷款的担保品。 最近，戴蒙的态度有所缓和，但仍持保留态度。他在5月份的摩根大通投资者会议上表示："我认为我们 不应该吸烟，但我支持你吸烟的权利。我也支持你购买比特币、尝试它。" 摩根大通并非近期唯一一家积极涉足数字资产领域的老牌华尔街公司。特朗普政府对加密货币持支持态 度，并随后放宽了相 ...

Investment Rating - The report initiates coverage with an "Outperform" rating for OSL Group, projecting a target price of HKD 25.33 for 2027 [3][11]. Core Insights - OSL Group is the only listed licensed virtual asset exchange in Asia, benefiting from a unique licensing barrier and diversified product expansion, positioning it advantageously in the market [3][10]. - The company is expected to achieve significant revenue growth driven by the gradual regulatory support in Hong Kong, with anticipated revenues of HKD 6.73 billion, HKD 11.83 billion, and HKD 17.80 billion for 2025, 2026, and 2027 respectively [7][9]. - The management team has been revamped, focusing on strategic positioning in the Hong Kong market and accelerating global expansion through acquisitions in Japan and Europe [3][10]. Financial Summary - Revenue projections indicate a growth of 79% in 2025, 76% in 2026, and 50% in 2027, with a net profit forecast of HKD -0.66 million in 2025, HKD -0.12 million in 2026, and HKD 0.20 million in 2027 [3][7]. - The company is expected to achieve its first profit since its strategic shift to the digital asset sector in 2024, highlighting effective execution of its strategy and improved operational efficiency [3][10]. - The financial outlook includes a gross margin of approximately 91% across the forecast period, indicating strong profitability potential [9][30]. Business Model and Strategy - OSL operates a dual-driven business model focusing on digital asset market services and technology services, catering to high-net-worth individuals, professional investors, and retail clients [24][30]. - The company plans to invest up to USD 30 million to develop its PayFi ecosystem, which will become a key area of focus, encompassing payment services and cross-border transactions [3][8]. - OSL has established itself as a compliance leader in the Hong Kong market, having obtained dual licenses from the SFC and AMLO, ensuring all operations are conducted within a strict regulatory framework [3][48]. Market Position and Competitive Advantage - OSL is positioned as a pioneer in the compliant digital asset exchange space in Hong Kong, leveraging its first-mover advantage to capture market opportunities as regulations evolve [15][48]. - The company has a robust security framework, including a comprehensive asset protection system with insurance coverage of up to USD 1 billion, enhancing its appeal to institutional clients [48][49]. - The management team comprises experienced professionals from both the digital asset and traditional finance sectors, which is expected to drive the company's strategic initiatives and global expansion [19][23].

Group 1 - Morgan Stanley plans to allow its E*Trade retail platform customers to access mainstream cryptocurrencies starting in the first half of next year [3] - Major financial institutions are increasingly integrating cryptocurrencies into their core business, moving away from viewing them as speculative tools [3] - The shift in attitude towards cryptocurrencies among traditional financial giants is driven by increased client demand and regulatory easing under the Trump administration [2][3] Group 2 - JPMorgan Chase is set to allow institutional clients to use actual holdings of Bitcoin and Ethereum as collateral for loans by the end of this year [1] - This initiative represents a significant symbolic shift for JPMorgan, as CEO Jamie Dimon previously criticized Bitcoin, but the bank is now preparing to treat it as a qualified collateral asset [1][2] - The integration of cryptocurrencies into the financial system is accelerating, with major banks exploring new liquidity sources for investors [1]