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CDS trading on US tech jumps 90% as AI debt fuels rising credit risk for Oracle and peers
Since early September, trading in credit default swaps linked to major US technology firms has risen by 90%, reflecting investor concern over bond-funded AI projects. Oracle has become a focal point, with its CDS costs climbing to their highest level since 2009 and its AI and data center debt load exceeding $100 billion. As companies such as Meta, Amazon, Alphabet, and Oracle turn from cash to borrowing to finance infrastructure, more investors are using single-name and basket CDS to hedge potential AI-related credit stress.
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Offshore yuan bond sales hit 870 billion yuan record in 2025 as dollar weakens
Offshore yuan bond issuance has reached about 870 billion yuan ($123 billion) in 2025, marking a new annual peak after eight straight years of expansion. Issuers are increasingly selling long‑dated dim sum bonds to lock in China's relatively low interest rates, while investors rebalance away from dollar assets amid yuan appreciation. Policy measures such as the July expansion of Southbound Bond Connect are also supporting wider participation and sustained demand for yuan-denominated debt.
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Bitcoin community debates quantum hack risk to Satoshi’s 1.1 million BTC and market impact
On Saturday, a social media discussion examined what might happen if a future quantum computer cracked Satoshi Nakamoto's Bitcoin wallets holding about 1.1 million BTC and forced those coins onto the market. Participants highlighted that older pay-to-public-key addresses, including Satoshi's, reveal full public keys on-chain and are therefore more exposed to a quantum attack. Several experts argued Bitcoin likely has decades to move to quantum-safe addresses, suggesting the greater risk is a sharp price shock if large legacy holdings were suddenly spent.
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