# AI Related Articles

HTX News Center provides the latest articles and in-depth analysis on "AI", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Beyond the 'Kimchi Premium': Institutional Transformation in Korea

South Korea's crypto landscape is moving beyond the volatile "Kimchi Premium" era driven by retail speculation, according to Andrew Park, CEO of Factblock. Park, who organizes Korea Blockchain Week, notes a significant shift in the nature of international inquiries. Global institutions are now focusing on market access, asset custody, tokenization, stablecoins, and regulatory compliance, rather than just token listings and prices. This institutionalization is being built through foundational, "unsexy" back-office work: developing corporate crypto accounts, legal finality for settlements, accounting standards, and custody solutions. Key regulatory steps include the Financial Services Commission's framework for corporate virtual asset accounts and National Assembly amendments to laws governing tokenized securities and real-world assets. Park, with a traditional finance background, bridges the perspectives of Wall Street and Web3. He explains that traditional banks prioritize managing edge-case failures and regulatory reporting, which crypto-native firms sometimes misunderstand. Conversely, traditional financiers often overlook blockchain's systemic utility for 24/7 global settlement and programmable money. Looking ahead, Park sees South Korea's next frontier at the intersection of AI and programmable blockchain infrastructure. He is particularly interested in the infrastructure needed for a "machine-to-machine" economy, where AI agents could autonomously conduct micropayments and transactions using on-chain settlement mechanisms—a concept already being explored in pilot projects by the Bank of Korea. With its advanced digital infrastructure and investments in both Web3 and AI, South Korea is uniquely positioned to develop this future.

cryptonews.ru6h ago

Beyond the 'Kimchi Premium': Institutional Transformation in Korea

cryptonews.ru6h ago

Vitalik Moves to Local Mixing as Obfuscation Series Reaches Third Stage

Ethereum co-founder Vitalik Buterin published the third part of his series on cryptographic obfuscation, focusing on a method called "local mixing." This method abandons lattices and elliptic curves in favor of ideas borrowed from hash function design. Buterin described local mixing as a "completely different way of cryptography," free from elliptic curves, prime factorization, and lattices, making it more akin to symmetric cryptography used in everyday encryption. The process begins with a circuit of logic gates like XOR, AND, and NOT. It undergoes a pipeline that ensures a correct output while obscuring any trace of the internal logic. Key steps include adding reversibility, strengthening, mechanization, mixing, and finally obfuscation. The mixing step scatters extra logic gates and shuffles their arrangement. Reversibility is foundational, allowing gates to be rewritten as other reversible gates with similar behavior. Buterin acknowledged local mixing is a "wild and risky undertaking," lying on the "graveyard of failed attempts at white-box cryptography." However, its proponents argue it needs more research effort and a willingness to accept higher overhead costs. Buterin suggested AI could accelerate its development. He called obfuscation the "final boss of cryptography," with the most complex constructions having runtimes exceeding the universe's age. The article concludes by explaining obfuscation's utility: it can encrypt a program so it still functions with normal inputs and outputs while hiding the code. Combined with blockchain, this moves toward a "trusted third party that requires no trust," enabling applications like private, collusion-resistant voting without relying on a trusted committee.

cryptonews.ru13h ago

Vitalik Moves to Local Mixing as Obfuscation Series Reaches Third Stage

cryptonews.ru13h ago

Stripe’s 16-Year Chronicle: From 7 Lines of Code to a $100 Billion Valuation

Stripe's 16-year journey began with a simple promise: "7 lines of code to accept payments." Founded by Patrick and John Collison, the company started by hiding the complexity of bank integrations and merchant accounts behind a clean API, initially targeting developers at startups. This early focus on user experience and technical simplicity fueled rapid adoption. A key early milestone was establishing vital bank partnerships, a challenge overcome by hiring Billy Alvarado, who brought crucial institutional relationship skills. From this foundation, Stripe systematically expanded its product boundaries. It launched Connect for platform payments, Atlas for company formation, Radar for fraud prevention, and Billing for subscriptions. This transformed Stripe from a payment processor into a broader financial infrastructure suite for internet businesses. The COVID-19 pandemic accelerated growth but also led to over-hiring. A 14% layoff in 2022 marked a period of organizational correction. Subsequently, Stripe shifted its growth strategy towards strategic acquisitions to enter new domains quickly. It acquired Bridge (stablecoin infrastructure), Privy (wallet infrastructure), Metronome (usage-based billing), and agreed to buy OpenRouter (AI model routing). These moves signal Stripe's ambition to build a "programmable money system" for the emerging AI and agent-based economy, managing not just currency flows but also the measurement and pricing of computational resources like AI tokens. Internally, Stripe leverages AI agents (like "Minions") to boost engineering productivity. Despite scaling to nearly 8,000 employees and processing $1.9 trillion in payment volume annually, the company remains private. A recent employee tender offer valued it at $159 billion. The core question for Stripe's future is whether it can successfully integrate its expanding product matrix—spanning payments, crypto, and AI infrastructure—into a cohesive platform, positioning itself as the foundational economic layer for autonomous software agents.

marsbit22h ago

Stripe’s 16-Year Chronicle: From 7 Lines of Code to a $100 Billion Valuation

marsbit22h ago

Treasury Secretary's Move to Suppress Treasury Yields Ignites 'Currency Debasement Trade'! Gold Hits Three-Month High, Bitcoin Surges Over 25% in a Single Week

US Treasury Secretary Besant's efforts to lower long-term Treasury yields by announcing expanded buybacks had only a brief market impact. However, this move fueled a "currency devaluation trade," weakening the US dollar while boosting both gold (to a three-month high) and Bitcoin (up over 25% for the week). Analysts attribute this reaction to deepening market concerns over the massive US fiscal deficit and structural pressures keeping long-term rates elevated, including fierce competition for capital from global government borrowing and massive AI sector financing. Despite the Treasury's actions, fundamental forces like growth, inflation, and capital demand are seen as limiting its ability to sustainably suppress yields. Bitcoin's strong positive correlation with gold has reinforced its narrative as a hedge against devaluation. While equity markets have shown resilience, some strategists warn that Treasury yields nearing 5% increase pressure on the dollar and high-leverage assets. Figures like Ray Dalio have advised reducing bond exposure in favor of gold and some Bitcoin, citing US debt risks. Market opinions are divided on the sustainability of the devaluation trade, with some noting the lack of a near-term catalyst for its next leg higher. The underlying tension between the Treasury's desire for lower borrowing costs and the Federal Reserve's focus on inflation and reducing market intervention remains a key theme. Upcoming events like Nvidia's earnings and the Jackson Hole symposium will test whether AI profits can continue supporting stocks and if the Fed aligns more with Washington's preference for easier financial conditions.

华尔街日报Yesterday 23:05

Treasury Secretary's Move to Suppress Treasury Yields Ignites 'Currency Debasement Trade'! Gold Hits Three-Month High, Bitcoin Surges Over 25% in a Single Week

华尔街日报Yesterday 23:05

Trump Heads to South Carolina Amid Intensified Congressional Battle, Backed by Cryptocurrency and Artificial Intelligence Supporters

Former US President Donald Trump is re-engaging in the political arena as America prepares for upcoming Congressional elections, which will heavily influence the regulation of cryptocurrencies and artificial intelligence. Trump is reportedly leveraging his $400 million MAGA Inc. super PAC to aid vulnerable Republicans in maintaining their Congressional majority. The outcome of these elections is critical for major financial backers this cycle. The cryptocurrency industry seeks a Republican-led Congress to pass the CLARITY Act and secure favorable regulations from the SEC and CFTC. Simultaneously, the AI sector aims to counter the perception that it is a liability in elections. Trump's campaign begins with a rally in South Carolina for Senator Darlin Graham. Republican officials suggest his influence could be decisive. Concurrently, crypto, AI, and online gambling companies have contributed a record $517 million this election cycle, with significant sums directed toward Trump-aligned groups. For instance, AI-focused PACs have raised and spent tens of millions. However, AI investments face public skepticism, with concerns over data centers potentially harming local political candidates. The effectiveness of Trump's strategy will be tested in the upcoming elections, where Republican candidates may rely on his support despite its controversial nature.

cryptonews.ruYesterday 19:21

Trump Heads to South Carolina Amid Intensified Congressional Battle, Backed by Cryptocurrency and Artificial Intelligence Supporters

cryptonews.ruYesterday 19:21

Goldman Sachs: Hedge funds suffered huge losses amid the slowing pace of AI market growth in July

According to Goldman Sachs, hedge funds suffered significant losses in July as the momentum behind AI-related stocks cooled. The bank reported that a correction in these stocks forced managers to unwind large positions, leading to one of the sharpest periods of derisking in a decade. Hedge funds saw their worst monthly underperformance against the S&P 500 in over 20 years based on popular long positions, with JPMorgan noting the tech sell-off erased roughly 3% of July gains. Analysts suggest this summer slump may be part of a predictable seasonal pattern, where funds typically shed losing equity positions in July before potentially buying back into tech stocks by September. While the AI frenzy had driven hedge funds to strong performance in Q2, heavy concentration in semiconductor, cloud, and AI infrastructure stocks made July's reversal particularly painful. The overcrowded trades amplified losses as momentum faded. Despite the volatility, Goldman Sachs noted that US long/short equity hedge funds were still up 10% by mid-August. The July sell-off is viewed not as a rejection of AI as an investment theme, but as a warning that valuations and positioning had become excessive. Whether hedge funds return to tech stocks in September will determine if this was merely a seasonal adjustment or requires a broader portfolio reassessment.

cryptonews.ruYesterday 19:17

Goldman Sachs: Hedge funds suffered huge losses amid the slowing pace of AI market growth in July

cryptonews.ruYesterday 19:17

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