[Vanguard Group Warns Japan's Neutral Rate is Underestimated, Recommends Underweighting Short-Term JGBs] Trillion-dollar asset management giant Vanguard Group has warned that the market is significantly underestimating Japan's neutral interest rate level. The group's Global Head of Rates, Haralambos, stated that the Bank of Japan may need a higher interest rate level than the market expects to curb inflation and predicted that the central bank will continue to raise rates at its December 19 meeting. Japan's current policy rate is 0.5%, with the neutral rate estimated to be between 1% and 2.5%. Vanguard Group recommends investors underweight Japanese short-term government bonds, suggesting that underweighting the short end of the yield curve is a risk-avoidance strategy.
24시간 플래시
더보기 >Bitwise CIO：MStrategy 无需出售其比特币持仓
[Bitwise CIO: MStrategy Does Not Need to Sell Its Bitcoin Holdings] Bitwise Chief Investment Officer Matt Hougan stated that despite the decline in MStrategy (MSTR) stock price, the company will not be forced to sell its $6 billion worth of Bitcoin holdings. Hougan pointed out that MSTR has $1.4 billion in cash reserves, does not need to repay debt until 2027, and the current Bitcoin price is approximately $92,000, higher than the company's average purchase cost of $74,000.
慢雾：Yearn 遭攻击因 yETH 稳定币池合约数学运算漏洞
[SlowMist: Yearn attacked due to mathematical calculation vulnerability in yETH stablecoin pool contract] The SlowMist security team monitored and analyzed the decentralized finance protocol Yearn being attacked by hackers on December 1, resulting in a loss of approximately $9 million. The root cause lies in the unsafe mathematical operations within the _calc_supply function logic of the Yearn yETH weighted stablecoin swap pool contract, leading to overflow and rounding errors during supply calculations. The attacker exploited this flaw to manipulate liquidity to specific values and excessively mint liquidity pool (LP) tokens for illegal profits. SlowMist recommends strengthening boundary scenario testing and adopting securely verified arithmetic mechanisms to prevent similar vulnerabilities.
Eric Trump称American Bitcoin持仓即将超越GameStop
[Eric Trump Says American Bitcoin Holdings Are About to Surpass GameStop] On December 5, Eric Trump, the second son of Donald Trump, stated on social media that cryptocurrency mining company American Bitcoin Corp. continues to increase its Bitcoin holdings, and the next company it will surpass is GameStop. According to data provided by Eric Trump, American Bitcoin currently holds 4,367 BTC, while GameStop holds 4,710 BTC. American Bitcoin, co-founded by Eric Trump, saw its stock price drop 35% on Monday due to the unlocking of restricted shares.
SAPIEN因Bithumb上线短时涨超30%
[SAPIEN Surges Over 30% Briefly Due to Bithumb Listing] South Korea's second-largest crypto exchange platform, Bithumb, has added SAPIEN and supports the KRW trading pair. As a result, SAPIEN surged over 30% briefly.
Hashed: Asia Morning Briefing: Crypto’s Next Breakout Will Come From Infrastructure, Not Narrativess
The Korean venture firm’s 2026 thesis argues that stablecoins, AI agents, and on-chain credit markets are becoming the foundation of a real digital economy, with Asia emerging as the first region where enterprise adoption is taking shape.