supply

The Shanghai Financial Regulatory Bureau issued "Several Measures to Promote the High-Quality Development of Digital Finance in Shanghai's Banking and Insurance Industries," proposing to steadily expand supply chain financial services using technologies such as big data and blockchain.The measures propose to standardize the development of accounts receivable financing, supply chain bill financing, warehouse receipt pledge financing, order financing, and other products, while continuously deepening the insurance service layout for advanced manufacturing, enhancing comprehensive risk protection capabilities.

According to Slow Fog's disclosure, LiteLLM has once again encountered a supply chain attack, with the malicious version litellm@1.107.0 affecting PyPI packages and Docker images, including floating tags such as latest and main-stable.The injected malicious code will automatically execute upon Python startup, stealing sensitive data such as cloud credentials, AI API keys, SSH private keys, and supporting remote code execution. The affected versions have been removed or replaced. Slow Fog recommends that users avoid using version 1.107.0, rebuild the affected environment from a clean image, rotate potentially leaked credentials, and pin the version to 1.106.2.

Samsung Electro-Mechanics announced that it will supply ABF substrates to NVIDIA starting in 2026.

The decentralized trading protocol of PancakeSwap, The Flip proposal, has entered the governance voting phase, accompanied by CAKE supply conditions. This proposal aims to allocate 88% of the trading fees from v3 and Infinity pools to liquidity providers, with the remaining 12% going to the protocol treasury, while the fee structure for v2 remains unchanged.In terms of token issuance, the proposal plans to reduce the daily CAKE issuance from 22,500 tokens to 7,000 tokens, a decrease of about 69%, equivalent to approximately 5.66 million newly minted tokens per year. The remaining 7,000 tokens per day will be allocated to an ecological growth fund named Pantry, which will be flexibly used by The Kitchen team for marketing, partnerships, and initial liquidity for new pools.If the vote passes, implementation will begin within two weeks after approval, lasting from November 2026 to the end of January 2027, completing in about three months and being announced chain by chain. This proposal is built upon the Tokenomics 3 framework passed in April 2025, aiming to reduce the supply by approximately 20% by 2030. PancakeSwap states that the supply has decreased by 11.5% over the past 18 months.

According to Cointelegraph, the current amount of staked Ethereum has risen to a record 43.8 million ETH, accounting for 35.9% of the total ETH supply. Meanwhile, both the staking yield and the number of validators have decreased.

Micron Technology plans to invest up to 3 billion dollars to strengthen the semiconductor supply chain in the United States.

According to a report by THE ELEC, Samsung Electro-Mechanics announced on October 19 that it has signed a supply contract for packaging substrates for memory semiconductors with a large global company, amounting to 360.5 billion Korean won. The contract period is from January 1, 2027, to December 31, which is equivalent to 3.2% of the company's consolidated revenue last year.This is the first time Samsung Electro-Mechanics has disclosed a long-term supply contract for packaging substrates. With this addition, the number of long-term supply contracts disclosed by the company this year has increased to seven, with a total amount of approximately 4.3 trillion Korean won. Previous contracts were mainly focused on components such as silicon capacitors, multilayer ceramic capacitors, and inductors, and this expansion includes the packaging solutions business, which produces products such as FC-BGA substrates and BGA substrates.Last month, Samsung Electro-Mechanics announced plans to invest 42.7 trillion Korean won in the Sejong FC-BGA production facility and 25.1 trillion Korean won in the Vietnam packaging substrate production equipment. The company also stated that as part of a large government project, it plans to invest 80 trillion Korean won in the Sejong business site and 150 trillion Korean won in the Busan business site by 2040, and will produce FC-BGA in Busan, Sejong, and Vietnam. A related person from Samsung Electro-Mechanics stated that the growth of the AI and high-performance computing market makes high-performance packaging substrates more important, and the company will strengthen customer supply cooperation and establish a stable supply system.

CryptoQuant's latest analysis indicates that while Bitcoin has support, the recovery process is uneven. First, regarding exchange reserves, it has risen from about 2.67 million BTC at the beginning of October to about 2.68 million BTC, still far below January levels. Low reserves do not mean that supply is continuously shrinking; transfers may reflect custody changes, and the increase itself does not prove selling pressure. Secondly, the recovery of spot demand has been hindered, with 30-day spot demand once approaching zero before turning negative again. Perpetual contract demand is positive, supporting overall demand.Finally, the behavior of whales is diverging. Addresses holding 100 to 1,000 BTC have still net accumulated over the past 60 days, but this is below the peak at the end of September; the group holding 1,000 to 10,000 BTC has seen a net decrease approaching zero; and the group holding over 10,000 BTC is negative. Accumulation is not fully underway. CryptoQuant believes that conditions still exist to support Bitcoin's bottoming out. For a solid recovery to occur, sustained spot demand support is needed, buyers must be able to absorb the BTC flowing back to exchanges, and accumulation behavior should spread to more holding groups. Market expectations regarding the U.S. midterm elections and monetary policy must translate into actual buying behavior. The key is whether price increases can attract a growing and lasting group of buyers.

According to a report by the Financial Associated Press, Microsoft has withdrawn from a large artificial intelligence data center project developed by the UK data center company Nscale in Essex, with reports indicating that the withdrawal is related to concerns over power supply. Officials from the UK National Grid had informed Nscale that the power supply for the data center is not expected to be in place until the 2030s. Nscale is exploring whether it can generate power on-site and whether it can expedite the grid connection process.The project was previously referred to by the UK government as the largest data center in the UK, originally scheduled to open next year. As of the report, the site still appears to be just a scaffolding yard. Microsoft had originally planned to fund the construction of a supercomputer, but the collaboration has now been terminated. Following the termination of the related computing power transaction, Nscale lost its only publicly announced client for the data center in Essex. Nscale stated that its relationship with Microsoft remains strong and long-lasting, and the two parties will continue to collaborate on other overseas projects, with Microsoft still participating in another project in Norway.The Starmer government highlighted this project when announcing the UK's 2025 artificial intelligence strategy, calling it the largest autonomous artificial intelligence data center in the UK. Nscale has received support from several tech companies, including Nvidia, and plans to go public in the US this year, with a valuation potentially reaching $35 billion.

Jeff Fisher, Senior Vice President of PC at NVIDIA, stated at the RTX Spark launch event that the RTX 5090 graphics card has not been discontinued, remains a core product, and will continue to be supplied.He acknowledged that supply chain capacity is limited, but NVIDIA is working hard to ensure the smooth launch of products.

Tech journalist Mark Gurman stated that Apple is launching the iPhone Duo ahead of schedule due to supply shortages, in order to get it to market sooner.It is expected that sufficient supply will not be available until at least November. Apple has not disclosed whether there will be stock available on the first day of sales in physical stores.

Slow Mist stated that a fraudulent "Ledger firmware update" campaign is exploiting the recent Ledger supply chain incident to carry out attacks. The phishing page is highly realistic, including a fake "Genuine check" page, device selection interface, and "Update Now" button. Slow Mist reminds users not to update Ledger devices through website links and not to enter recovery phrases anywhere.

According to a report by ZDNet Korea on October 15, Samsung Electronics has lowered its production plan for mid-range and low-end smartphones in the fourth quarter. The reasons include rising prices of memory chips and disruptions in the supply of glass fiber used in PCB raw materials CCL. Japan's Nitto Denko is shifting more production capacity towards T-glass for AI semiconductors, reducing the output of E-glass for smartphone PCBs, leading to supply shortages and price increases. E-glass is used in semi-cured sheets for smartphone motherboards HDI and RFPCB.The report states that after the rise in storage prices increased manufacturing costs, Samsung reduced orders for related components. Models like the Galaxy A have lower profitability, making it difficult to significantly increase production. This year, the prices of basic mid-range models have risen by more than 100,000 Korean Won compared to the previous generation. The outlook for component orders communicated to partners for the fourth quarter corresponds to an annual smartphone shipment volume of just over 230 million units, which is below the component industry's expectation of 240 million units and represents a decrease of 20% to 30% compared to before the Mid-Autumn Festival holiday. Plans for the mobile business next year have not been shared with partners as in previous years.The monthly production outlook for the fourth quarter in mid-September was 14.3 million units in October, 9.5 million units in November, and 7.6 million units in December, totaling 31.4 million units. This was adjusted at the beginning of this month to 9.9 million units in October, 7.6 million units in November, and 6.7 million units in December, totaling 24.2 million units, a reduction of 23%. While the production of mid-range and low-end models has been lowered, the shipment plans for flagship models like the Galaxy S27 at the beginning of next year remain at a high level, and the shipment volume for foldable phones is also planned to increase. The MX and Network divisions reported a loss of 735 billion Korean Won in the second quarter, with the securities industry projecting an annual loss of 400 billion Korean Won.

According to Bitcoin News monitoring, Bitcoin News released a podcast where former Mt. Gox CEO Mark Karpelès discussed the largest supply chain attack in the history of the cryptocurrency industry with Foundation CEO Zach Herbert.Mark Karpelès stated that he discovered a spy implant three weeks before the funds were stolen and contacted Ledger, but received no response. The implant was equipped with a hidden cellular modem that could directly read the mnemonic phrases displayed on the screen and bypass Ledger's own checks; even setting a passphrase would not prevent the mnemonic phrases from being stolen.Mark Karpelès mentioned that if he had $5 million, he could create an implant that would only be detectable through X-rays. The show also discussed the hardware wallet dealer model, the Malaysian dealer behind the attack, on-chain tracking of stolen crypto assets, the spread of the attack to Europe, reasons why Trezor was not targeted, hardware wallet security, and multi-party computation solutions. The show timeline indicated that the amount stolen from hardware wallets reached $100 million, with $86 million transferred out within 24 hours.

John Williams, the president of the New York Federal Reserve, stated that the supply of AI devices may take more than two years to catch up with demand, which could increase inflationary pressures. He made these remarks during an interview with Bloomberg on Tuesday, noting that the construction of AI infrastructure is driving up the prices of chips and goods that use chips. When asked whether the supply and demand for AI would balance out in the next two years, Williams said, "I think it will take longer. Assuming the demand impulse continues as expected, and that is a big assumption."Williams also reiterated his view that the Federal Reserve may need to raise interest rates once more this year to curb inflation. He stated, "I have not changed my view that we may need to raise rates again." However, regarding 2027, he said, "We need to observe," and added, "At this point, I see no reason to believe we need to do more." He also predicted that even with rising interest rates, AI investment will remain strong, as relevant investors are relatively insensitive to prices, believing that AI will bring significant productivity gains and economic transformation.The shortage of AI device supply may affect Bitcoin miners entering the field, as they need to compete for chips and power equipment. IREN signed a new $2.8 billion AI cloud contract in July, while Bitcoin miners face huge financing demands when advancing AI projects, and lenders are becoming increasingly picky.

On-chain data company CryptoQuant researcher Rei Researcher pointed out in a report released on Monday that as the Bitcoin supply on exchanges continues to shrink, the price of Bitcoin may see an upward trend. The report shows that the Bitcoin held by exchanges has decreased from 2.8 million in February to 2.67 million. The recent price of Bitcoin is around $83,485, remaining stable over the past 24 hours but rising 8% over the past 30 days, following the best-performing quarter in years.The report states, "If buying demand continues to improve while exchange supply remains low, Bitcoin could benefit from a supply-demand imbalance, creating favorable conditions for a longer-term upward trend." The report adds, "More importantly, Bitcoin has rebounded from its lows in recent weeks, while exchange reserves continue to decline. This is a notable development, indicating that even as the market recovers, the supply available for trading is still decreasing." The report also notes that investors may be transferring Bitcoin out of exchanges and into cold wallets.In the first half of 2026, Bitcoin traded below $65,000 for most of the time. After reaching an all-time high of $126,080 in October 2025, the cryptocurrency has been in a bear market for most of this year. However, the situation changed in August when the U.S. Treasury doubled the scale of liquidity support repurchase operations, weakening the dollar while boosting non-yielding assets like Bitcoin. Analysts say that the so-called "devaluation trade" has heated up again, benefiting Bitcoin as it did in 2024 and 2025. Currently, the price of Bitcoin is still over 30% lower than its historical record.

Hardware wallet manufacturer Trezor stated that in light of recent supply chain security incidents, it has decided to reduce the number of distributors to more effectively review partners.Currently, there is no evidence that Trezor devices have been compromised. This adjustment is a precautionary measure taken out of caution.