cards

According to Bitcoin.com News, Timothy Wadsworth, a man from Rochester, New York, was sentenced to 51 months in prison for conspiracy to commit wire fraud and money laundering, and was ordered to pay approximately $810,000 in restitution.The U.S. Department of Justice stated that between March and May 2020, Wadsworth initiated 310 unauthorized payments totaling approximately $1.6736 million using account information provided by accomplices through the payment service provider Stripe, of which 116 transactions were successful, amounting to approximately $730,700. He then transferred some of the funds to bank accounts under his control and purchased Bitcoin through Coinbase, which he then transferred to his accomplices.

The NFT project Bored Ape Yacht Club (BAYC) officially announced the launch of the physical and digital collectible card series Mudwater based on Solana, and has airdropped 6,551 Totems paired with all BAYC and MAYC for claiming card packs. Each BAYC can claim 10 packs, each MAYC can claim 2 packs, each pack contains 10 cards, and there are a total of 10,000 boxes with 24 packs each.The series includes 120 pieces of artwork and features flash cards, numbered cards, and cracked ice rare cards, among which 8 cracked ice cards are 1/1 exclusive cards. The physical cards are printed by Orange Cap Games using their orange core paper.2.5% of each transaction will be used to purchase APE and distributed according to the proportion of collectors holding the Mudwater series. Totems, card packs, and cards are now available for trading on OpenSea, and future support will allow card packs to be upgraded to boxed and case versions.

According to South Korean media Sedaily, South Korea plans to start taxing cryptocurrency in January next year, but there are still several loopholes in the tax infrastructure. The head of the National Tax Service, Lim Kwang-hyun, stated during a parliamentary audit that preparations are being made for the smooth implementation of the tax, but activities such as transfers between private wallets and trading on overseas platforms are still difficult to track comprehensively.Even with the introduction of the Crypto Asset Reporting Framework (CARF), it is challenging to cover all transactions. It is reported that the Bank of Korea also exposed related regulatory blind spots during a previous parliamentary audit.

On October 13, Ruantong Power was reported to have received 8,000 NVIDIA GPU cards, specifically the NVIDIA 6000D (domestic "special edition" of the Blackwell architecture), which will be used for the production of related servers.

Multiple venture capital firms in Silicon Valley are competing to secure GPU computing power to provide exclusive resources for their AI startups. a16z established a computing power pool of about 20,000 GPUs as early as 2024 and is negotiating expansion with data center companies Switch and Volta. General Catalyst plans to build a data center for its portfolio companies and has brought in the former head of NVIDIA DGX Cloud in May this year to oversee AI infrastructure operations.Even if AI startups complete their financing, they may not be able to rent GPUs in a timely manner. In April this year, major cloud providers like Microsoft were reported to prioritize allocating computing power to internal teams and large clients, leaving some startups facing months of waiting. a16z previously disclosed that during times of computing power shortages, prices that could originally be secured with a six-month contract might require a three-year commitment. Model training requires a large amount of GPU usage in a short period, while inference demand is difficult to predict, making it easy to waste funds by locking in computing power for several years in advance.a16z is concentrating on purchasing and leasing computing power through the Oxygen project, redistributing it to its portfolio companies, allowing them to access prices and contract terms typically reserved for large clients. In August this year, a16z co-led a $300 million financing round for Volta, which is valued at $2.4 billion, with investments covering both AI startups and data center companies providing computing power. The small venture capital firm Crucible Capital has built a cluster with 576 NVIDIA B300 GPUs for its portfolio companies to test, while also selling some computing power to a cutting-edge AI laboratory. This model allows venture capital firms to take on investments that were previously mainly borne by cloud providers and data center operators.

Solana rating card hosting and card drawing platform Collector Crypt released its Q3 2026 report: revenue of $433.5 million and gross profit of $25.4 million, both setting records, with increases of 8% and 12% compared to Q2, respectively. Card pack revenue was $433.1 million, almost constituting all revenue; buyback and redemption expenses were $408.1 million, accounting for 94.1% of revenue, with a quarterly gross margin of 5.9%.Sales reached $212.2 million in June but declined month by month, with July, August, and September at $157.3 million, $141.7 million, and $134.5 million, respectively, while the gross margin in September rose to 6.7%. Sales of card packs priced at $2,500 and above amounted to $169.6 million, accounting for 39% of card pack sales; the $1,000 tier dropped from $132.1 million to $53.4 million. After Jupiter began selling card packs on July 13, the number of active wallets increased from 7,051 to 9,127 over 30 days, while daily revenue per wallet decreased from $9,100 to $5,600.As of September 30, tokenized inventory was $55.1 million; market transactions totaled $8.6 million, accounting for about 2% of the business, with two initial edition Charizard cards sold in September for $600,000 and $825,000, respectively. Cumulative revenue surpassed $1 billion on August 13, and the token CARDS fell 14% to $0.195 in the quarter. Courtyard's Q3 revenue was $7.6 million, approximately 3.3 times that of Collector Crypt;

Swiss cryptocurrency wallet provider Tangem announced the launch of its first physical Visa card, supporting offline and online spending as well as ATM withdrawals, with an initial issuance limited to 5,000 cards. Users can directly top up the card from their self-custody wallets and transfer funds back to the wallet when the card is suspended or closed. The card also offers cashback settled in USDC stablecoin issued by Circle, with Basic users receiving 1% and Plus users receiving 2% on qualifying purchases. Tangem plans to showcase the first batch of physical Tangem Pay cards at the Token2049 event in Singapore.Tangem told Cointelegraph that over 40% of Tangem Pay's payments come from Latin America, with over 30% from the United States, while the supply of physical cards remains limited in some markets. Andrey Ilinskiy, head of Tangem Pay, stated that the issue is not just where people want crypto cards, but rather where demand, regulation, banking infrastructure, and issuance requirements align, and these maps do not always overlap.Tangem stated that it is currently unable to ship physical Tangem Pay cards to about 20 countries, including China, Russia, North Korea, and Palestine. The company noted that these restrictions do not necessarily align with the rules of cryptocurrency itself, as KYC requirements, sanctions, local banking rules, and issuance compliance may all determine the availability of crypto-linked cards.

ZachXBT posted on platform X that UPay may allow the sanctioned illegal market Xinbi to issue its Visa crypto card and requested UPay to clarify the situation.ZachXBT stated that Xinbi is mainly involved in pig butchering scams, fraud, money laundering, and human trafficking.

According to official news, WasabiCard has launched various AI subscription cards, catering to the global AI tool subscription and payment needs of enterprises and teams, supporting subscription payment scenarios for mainstream AI applications such as OpenAI and Claude. Through card-based payment solutions, companies can handle the procurement and expense management of AI services for different teams, projects, or business lines more flexibly.In addition to AI subscription payments, WasabiCard also supports bulk card issuance for enterprises, fund budget management, and multi-currency account setup, as well as various scenarios such as advertising, business travel, payroll, and e-commerce subscriptions. It helps companies configure payment permissions and budget limits by department, employee, or specific purpose, enhancing the management efficiency of AI-related expenditures and the transparency of fund usage.As AI tools gradually enter daily workflows in research and development, content production, customer service, and operations, cross-border subscription payments and expense management are becoming important infrastructure for global operations of enterprises. It is important to note that currently, WasabiCard-related products are not open for application to enterprises and individual users in mainland China.

According to official news, the Gate perpetual contract area for stocks was launched on September 29 at 20:00 (UTC+8) with the trading of contracts for TWST (Twister BioTech), CVNA (Carvana), RUM (RUM Group), WBD (Warner Bros. Discovery), CRML (Critical Metals Company), and BWET (Breakwave Shipping ETF). Within one hour of the launch, trading bots and Order Tracking features were made available, supporting 1-20 times long and short operations.At the same time, Gate has launched CARDS (Collector Crypt) and XDP (Doppler Finance) contract trading, trading bots, and Order Tracking features. Among them, CARDS contracts support 1-10 times long and short operations, while XDP contracts support 1-20 times long and short operations. CARDS is a platform for real-world assets (RWA) of physical collectibles; Doppler Finance is dedicated to building tokenized capital market infrastructure, covering areas such as yield management, collateral asset utility release, and tokenization of real-world assets (RWA). This new addition further enriches the selection of trading targets in the Gate contract market.

Zhipu continues to address the code upload controversy surrounding its programming product ZCode. Existing paid users and those who have returned as paid users in the past month will receive 4 weekly reset cards and 4 5-hour reset cards, valid for 1 month.From September 28 to October 7, ZCode will also distribute 100,000 quotas of 100 million GLM-5.3-Flash Tokens to all users. Zhipu stated that the repository snapshot upload link has been removed, and the involved cloud data has been deleted. The open-source version is currently updated to v3.14.3, and subsequent code will not be uploaded to the cloud unless users actively initiate it.The controversy originated from the Repo Wiki feature that was enabled by default in the early stages of ZCode, which uploaded repository content to the cloud for processing when generating a knowledge base for the code repository. Zhipu has previously cut off the related upload paths and invited third-party organizations to verify the cloud data.

Visa has informed participants in the payment industry that the "digital goods media" merchant category code used by Crossmint for processing Meme coin transactions is not applicable for Meme coin purchases. Visa has notified payment processors, including Checkout.com, to stop using this category code and has provided a transition period for relevant institutions, which is expected to end next week.Previously, Robinhood Wallet and Fomo users could purchase Meme coins using Visa and Mastercard credit cards through Apple Pay or Google Pay, with the transactions processed by Crossmint, but categorized as digital media transactions such as e-books and movies, thereby bypassing cryptocurrency transaction classification and earning regular credit card points or cash back.JPMorgan Chase had previously raised concerns with Visa regarding the classification of these transactions, and Visa subsequently determined that at least one transaction was misclassified and should not have received credit card rewards. In the future, purchases of Meme coins will need to be processed as cryptocurrency transactions and will be subject to Visa's corresponding rules and restrictions.

According to GMGN data, the top 5 tokens with net inflow in the past 24 hours are as follows:CARDS (CARD....Yjp): Net inflow of $20,000, with a 24-hour increase of 6.9%, currently priced at $0.14.NEAR (3ZLe....wBG): Net inflow of $2,000, with a 24-hour increase of 28%, currently priced at $3.3584.GP (HTmQ....gUQ): Net inflow of $2,000, with a 24-hour increase of 215.5%, currently priced at $0.0128.FAR (3u3T....3yZ): Net inflow of $2,000, with a 24-hour increase of 633.7%, currently priced at $0.0001.ZATOSHI (y2sC....fav): Net inflow of $1,000, with a 24-hour increase of 1323.9%, currently priced at $0.0001.

ASUS and Gigabyte, among other graphics card manufacturers, plan to raise product prices in the mainland Chinese market again in September, by up to 500 yuan (approximately 2,300 New Taiwan dollars). The price increase effect will also boost the performance of ASUS, Gigabyte, MSI, Leadtek, and Chengqi.According to reports from mainland Chinese media IT Home, ASUS will raise the net cost price of the NVIDIA RTX 5070 series by 150 to 300 yuan in September, while prices for other series models will remain unchanged. Gigabyte will increase the price of all models in the NVIDIA RTX 5060TI 16G series by 200 yuan in September, while other models will remain the same. AMD's RX 9070 XT series will increase by 200 yuan; the RX 9060 XT 16G/8G series will increase by 200 to 250 yuan; and the RX 7650 GRE series will increase by 400 yuan.The main reason for the price increase is the shortage of memory, and production capacity has also shifted towards manufacturing AI computing power GPUs. NVIDIA has again lowered the overall shipment volume of consumer GPUs by 15% to 20% for the third quarter, and the estimated supply for various brands in September is similar to that in August, with supply still tight. The high-end models such as the NVIDIA RTX 5080 and 5070 TI remain among the most out-of-stock models. This year, NVIDIA has raised graphics card prices multiple times, and September marks another increase.

The People's Bank of China announced the overall operation of the payment system for the second quarter of 2026. By the end of the second quarter, a total of 10.267 billion bank cards had been issued nationwide. Among them, there were 677 million credit cards and credit card loans, a decrease of about 10 million cards compared to the end of the first quarter, and a decrease of nearly 20 million cards since the beginning of the year, averaging over 100,000 credit cards exiting the market each day. Compared to the historical peak of 807 million cards in the second quarter of 2022, the number of credit cards has been reduced by about 130 million.The mid-year report of listed banks in 2026 shows that the overdraft balances of credit cards from the six major state-owned banks decreased at the end of the first half compared to the end of the previous year. The Industrial and Commercial Bank of China had a credit card loan balance of 597.157 billion yuan, a decrease of 14.39% from the end of the previous year. By the end of June, the cumulative number of credit cards issued by Bank of China was about 152 million, with an increase of 1.76 million cards compared to the end of the previous year; China Merchants Bank saw a net increase of 256,300 cards to 97.7073 million cards.In terms of asset quality, the non-performing loan ratios for Agricultural Bank of China and Postal Savings Bank of China remained at 2.05% and 1.45%, respectively; the non-performing loan ratio for Industrial and Commercial Bank of China rose to 5.37%; and the non-performing loan ratio for Bank of Communications increased from 2.68% to 3.8%. The non-performing loan ratio for China Minsheng Bank rose to 4.22%, and for Industrial Bank, it rose to 3.79%. In the first half of the year, China Merchants Bank generated new non-performing loans of 23.698 billion yuan, with a non-performing loan ratio of 1.90%. In August 2026, the principal and interest of non-performing credit card transfers amounted to 12.2 billion yuan.

Gate AI and XYO announced a partnership to jointly launch the cryptocurrency asset prediction game XYO Crypto Cards. XYO randomly selects 3 cryptocurrency assets daily from the token pool launched on Gate, with Gate AI providing the first prediction. Players have 24 hours to judge the price rise or fall of the same assets and allocate their predictions to different multiplier card positions, competing against the AI model and other players.This product combines Gate market data, Gate AI, and XYO Layer One to establish a verifiable record for each prediction. Gate market data is used to determine the final results, and the choices submitted by players before the prediction window closes will be recorded on XYO Layer One. The game adopts a direct confrontation mode between users and AI.Gate US COO Laura stated that AI will play an important role in shaping the future of digital assets, with its value lying in achieving a more intelligent connection between users, data, and the ecosystem through AI. Currently, Gate US has obtained 36 state-level MTL licenses, expanding its compliant operational scope to 47 jurisdictions. Previously, Gate launched event contracts and event markets.

According to Cointelegraph, the stablecoin payment company Kast has launched the KAST Business platform, integrating features such as corporate accounts, payment cards, cross-border transfers, and stablecoin yield balances. The platform provides services through stablecoin infrastructure.Kast stated that businesses can receive payments through fiat virtual accounts provided by regulated partners, deposit supported stablecoins and crypto assets, issue virtual cards, and make local payments in over 20 currencies.The platform's services cover more than 170 countries and regions, but specific availability varies by jurisdiction. Idle balances earn an annual yield of up to 8%, and there is also a cashback of up to 3% on spending.Kast is a fintech company rather than a bank, and regulated services are provided by licensed partner institutions. Kast completed a $80 million financing in March at a valuation of $600 million, which will be used for product development, licensing acquisition, and expanding into North America, Latin America, and the Middle East markets. The company claims to currently have over 1 million users and plans to attract 1,000 to 5,000 active businesses by the end of 2026.