CBS: U.S. Treasury Secretary and Trump Once Had Heated Debate on Tariff Policy

Investors are rushing to buy credit default swaps (CDS) to shield their portfolios from a potential AI boom bust. The financial instrument, which rose to prominence during the global financial crisis, has seen its trading volume surge sharply. Firms are on a borrowing spree to fund trillions of dollars in AI infrastructure spending, driving demand for these "insurance-like" derivatives that pay out if the underlying entity defaults on its debt. According to Morgan Stanley research, weekly average trading volume of CDS linked to bonds issued by Oracle, SpaceX, Alphabet, Amazon, Meta, Broadcom and Nvidia topped $9 billion in September, compared to less than $2 billion in July. Institutional data shows that year-to-date trading volume of U.S. corporate CDS indexes has already surpassed last year’s full-year total. (Financial Times)

According to Lookonchain’s monitoring, a crypto whale holds over $15 million in assets, including 10,241 ZEC tokens valued at $11.69 million. The whale has been steadily accumulating MASK tokens over the past three days, purchasing a total of 3.69 million MASK tokens worth $151,000.

A $ZEC whale is buying $MASK! This whale holds over $15M in assets, including 10,241 $ZEC ($11.69M). Over the past 3 days, he has been accumulating $MASK, buying a total of 3.69M $MASK ($151K).

Multi-chain anti-MEV DEX aggregator Cashmere Labs, built on LayerZero, tweeted that it is expanding its ecosystem. Goat LP, an automated liquidity management tool for Uniswap v3/v4 positions on Robinhood Chain, will be open to all users. The team will next launch the Mountain product and its native token CSM. Within Mountain, Barn (a soulbound NFT) can earn CSM via continuous issuance, while Goat Street NFTs can be permanently bound to Mountain to receive issuance shares. CSM has a maximum total supply of 666 million tokens, with 65% allocated through Barn and Goat issuance. The team also plans an airdrop (wallets that have listed Goat Street NFTs on OpenSea will be excluded) and a launchpad.

，glassnode 发布数据指出，自本月早些时候山寨币杠杆达到年度峰值以来，大部分币种价格已经明显回落，但超过 40% 的大市值币种仍处于今年杠杆水平的最高点附近。在中盘币种中，这一比例已达到年度高位。山寨币杠杆交易仍然火热，而更大幅度的下跌将使多头头寸面临风险。

According to official announcements, BNB Standard Corporation (BNC), the BNB treasury firm, has named Alex Odagiu as its new CEO. Public records show Odagiu joined YZi Labs in September 2021 as an investment manager, and was promoted to Investment Partner at the firm in September 2025. During his tenure at YZi Labs, he was primarily responsible for Web3-related investments spanning DeFi, payments, stablecoins, real-world assets (RWA), and AI-crypto intersections, served as a mentor and judge for the BNB Chain MVB Accelerator across 10 seasons, participated in the EASY Residency incubation program, and backed projects including Avalon, Aspecta, Canton, Hemi, Concrete, Mysten Labs, and Aptos. In June 2026, he was appointed Interim President and Director of BNB Standard Corporation, and officially took on the CEO role on October 19, 2026, resigning from all his positions at YZi Labs, including Investment Partner and his seat on the investment committee. This past June, YZi Labs and BNB treasury firm CEA Industries (now rebranded as BNC) reached an agreement to resolve governance disputes and jointly advance management adjustments.