Institutional Reports

A revision large enough to move the debate

Chinese authorities revised export and import data back to 2019, and Fed economists examine what that does to the gap between customs and balance-of-payments trade figures.

2026-09-22·2 min·Source: Federal Reserve

Four hundred and fifty-seven billion, on chain

Chainalysis puts a figure on potentially taxable crypto activity for 2025 — and is explicit that the reporting frameworks do not cover most of it.

2026-08-26·3 min·Source: Chainalysis

29,120 addresses in one sprint

Chainalysis ran a multi-day sprint with nine agencies and thirteen firms, producing 14,300 leads and 7,700-plus suspect accounts.

SpansAISECFIN

2026-08-25·2 min·Source: Chainalysis

State of the Triad — Q3 2026

Where the three domains met this quarter, what moved, and which claims did not survive contact with the numbers.

SpansAISECFIN

2026-08-12·18 min

Reference: the verifiable compute landscape

A standing map of who proves what, at what cost, under which assumptions.

SpansAISECFIN

2026-08-05·12 min

Survey: allocator positioning and constraints

Forty institutions on sizing, custody requirements and what would make them change.

SpansAISECFIN

2026-07-29·9 min

How this desk works

Sourcing, corrections, and what we will not publish.

2026-07-22·4 min