# Pivot İlgili Makaleler

HTX Haber Merkezi, kripto endüstrisindeki piyasa trendleri, proje güncellemeleri, teknoloji gelişmeleri ve düzenleyici politikaları kapsayan "Pivot" hakkında en son makaleleri ve derinlemesine analizleri sunmaktadır.

Recent Mass Shutdowns of DeFi Protocols: They All Have One Thing in Common

In recent months, multiple DeFi protocols have announced shutdowns, not due to exit scams but because of a lack of users, funding, or both. Projects like Angle Protocol, Polynomial, MilkyWay, and Step Finance—despite having functional products and significant past traction—were unable to sustain operations. Common challenges included an inability to attract liquidity (especially critical in derivatives), failure to achieve product-market fit, and high costs of expanding to new chains or narratives. Many teams pivoted repeatedly to chase trends like restaking or real-world assets but ran out of capital before finding sustainable demand. Others, like ZeroLend, suffered from deploying on smaller blockchains that lost liquidity during market downturns. Despite these failures, the projects shut down responsibly, allowing users to withdraw funds and avoiding reckless token launches—a sign of industry maturation compared to the reckless exits of 2022.

marsbit03/06 09:31

Recent Mass Shutdowns of DeFi Protocols: They All Have One Thing in Common

marsbit03/06 09:31

Another Bitcoin Miner Shifts To AI: Core Scientific Offloads 1,900 BTC

Core Scientific, one of the world's largest public Bitcoin miners, is accelerating its strategic pivot toward artificial intelligence (AI) and high-performance computing (HPC). According to its recent SEC filing, the company sold 1,900 BTC in January 2025 for $175 million, reducing its holdings from 2,537 BTC to just 630 BTC. It expects to sell substantially all remaining Bitcoin in Q1 2026. The firm has reduced its operational hashrate from 20.1 EH/s to 17.9 EH/s and does not plan further large-scale mining equipment purchases. Instead, capital is being redirected toward HPC infrastructure. This shift reflects a broader industry trend, with other major miners like Bitfarms and Bitdeer also transitioning toward data centers and AI compute services. Bitfarms’ CEO stated that converting even a small site to GPU-as-a-service could generate more income than its entire Bitcoin mining history. Despite the strategic shift, Core Scientific remains a top-10 public Bitcoin miner. Bitcoin is currently trading around $68,200.

bitcoinist03/04 11:42

Another Bitcoin Miner Shifts To AI: Core Scientific Offloads 1,900 BTC

bitcoinist03/04 11:42

Bitcoin Miner Cango Sells 4,451 BTC In Strategic AI Pivot

Bitcoin miner Cango has sold 4,451 BTC for approximately $305 million in USDT, using the proceeds to partially repay a Bitcoin-collateralized loan. The sale is part of a strategic shift toward AI compute services, leveraging its global infrastructure to provide distributed computing capacity for the AI industry. While maintaining its Bitcoin mining operations—currently ranked joint third-largest globally—Cango plans a phased entry into AI, starting with serving small and medium enterprises and later developing a software orchestration platform. The company has appointed a former Zoom executive as CTO for its AI business. This move mirrors similar pivots by other miners, like Bitfarms, toward AI-focused ventures. Bitcoin is currently trading around $68,900.

bitcoinist02/11 05:02

Bitcoin Miner Cango Sells 4,451 BTC In Strategic AI Pivot

bitcoinist02/11 05:02

Crypto VCs Pivot to AI: A 'Coming of Age' Ceremony Beginning with a Collapse of Belief

In a personal reflection, the author expresses sadness over Kyle Samani, a partner at crypto VC firm Multicoin Capital, publicly announcing his departure from the crypto industry to focus on AI, longevity tech, and robotics. Kyle was known for his thesis-driven, opinionated, and often controversial investment style—publicly criticizing Ethereum’s scaling roadmap, backing Solana early, and supporting DePIN projects like Helium. Despite mistakes (EOS, FTX exposure), he was transparent about losses and decisions. His exit feels symbolic: an honest, sharp voice leaving crypto. Before deleting the tweet, Kyle stated that crypto is primarily an asset ledger with limited use beyond finance, marking a shift from evangelist to realist—a “loss of faith” rather than just market loss. The author contrasts crypto’s current state—filled with memecoins, gambling, and technical debates—with AI’s rapid, tangible progress. Yet, they choose to stay, seeing crypto as a permissionless, open field for upward mobility and financial infrastructure innovation (e.g., stablecoins, DeFi, RWA), while remaining open to future possibilities.

比推02/05 13:37

Crypto VCs Pivot to AI: A 'Coming of Age' Ceremony Beginning with a Collapse of Belief

比推02/05 13:37

GameStop Exits and Runs Away, Saylor Is Still Buying

Ryan Cohen, CEO of GameStop, announced the company is divesting its entire Bitcoin holdings of approximately 4,710 BTC (worth around $450 million), transferring them to Coinbase Prime, signaling an intent to sell. This move comes less than a year after GameStop initially invested $513 million in Bitcoin, which represented only about 10.4% of its cash reserves at the time—characterized more as a speculative trial rather than a core strategic commitment. In contrast, Michael Saylor and MicroStrategy continue to aggressively accumulate Bitcoin, even during market downturns, demonstrating a deeply held conviction in the asset. While MicroStrategy’s approach has been all-in, leveraging debt to buy more Bitcoin during dips, GameStop’s exit reflects a lack of long-term belief in Bitcoin as a treasury asset. The divergence highlights a broader trend: the initial “corporate Bitcoin treasury” strategy—where companies buy Bitcoin to potentially boost stock performance—is losing steam as the market corrects. Analysts suggest the space may consolidate, evolve into more sophisticated financial strategies, or see Bitcoin downgraded to a high-risk alternative asset rather than a revolutionary balance sheet choice. GameStop is now pivoting toward becoming a diversified investment holding company, with ambitions to grow into a $100 billion+ enterprise, possibly through acquisitions. The episode underscores a divide between short-term speculators and long-term believers like Saylor, who continues to buy despite volatility. The market will ultimately judge which strategy prevails.

比推02/04 13:15

GameStop Exits and Runs Away, Saylor Is Still Buying

比推02/04 13:15

Reflections from the Co-founder of Bitlayer: After Helping 600 People Find Jobs in 15 Years, I Decided to Stop Doing Recruitment

After 15 years of helping over 600 people find jobs, Bitlayer co-founder Kevin He reflects on his journey from being a passionate recruiter to pivoting toward a new vision: AI-powered "digital co-founders." He initially launched COCO AI in mid-2025 to optimize recruitment using AI, but soon realized traditional hiring was becoming less relevant. Companies were hiring less, and skill gaps persisted despite matching tools. A turning point came when his team built zylos, an AI system that handled tasks like social media, coding, and data processing—enabling one person to do the work of a team. This, combined with the rise of digital employees (like Claude Code and the success of Manus, acquired by Meta), shifted his perspective. He now believes the future lies in empowering individuals with organizational-level capabilities through AI, rather than optimizing job matching. COCO 2.0 is now focused on building “digital co-founders”—AI agents that help people start and run businesses alone, without needing to hire or be hired. The essay ends with an open question: In an era where AI augments individual potential, can one person become a company?

marsbit01/28 04:03

Reflections from the Co-founder of Bitlayer: After Helping 600 People Find Jobs in 15 Years, I Decided to Stop Doing Recruitment

marsbit01/28 04:03

Andreessen Horowitz-Backed Entropy Announces Shutdown

Decentralized crypto custody startup Entropy, backed by Andreessen Horowitz (a16z), is shutting down and returning remaining capital to investors, according to founder and CEO Tux Pacific. After four years, multiple pivots, and two rounds of layoffs, Pacific announced the decision on January 25. The company had recently shifted to a crypto automation platform but failed to meet venture-scale growth expectations. Entropy raised $25 million in a 2022 seed round led by a16z crypto, with participation from Dragonfly Capital, Coinbase Ventures, and others. Initially offering a decentralized alternative to custody providers like Fireblocks, the startup ultimately could not achieve sustainable growth. Pacific expressed gratitude to investors and indicated a personal shift away from crypto towards pharmaceuticals.

TheNewsCrypto01/26 06:21

Andreessen Horowitz-Backed Entropy Announces Shutdown

TheNewsCrypto01/26 06:21

‘BTC’s security is lower now’ – Why miners are abandoning Bitcoin for AI

The AI boom is offering Bitcoin miners a new lifeline as declining block rewards and high operational costs make mining less profitable. Companies like Bitfarms and Riot Platforms are abandoning or diversifying away from Bitcoin mining to reinvest in AI infrastructure, sometimes funding this shift by selling their BTC holdings. This exodus adds selling pressure on Bitcoin and raises concerns about network security. As block rewards continue to halve, the security budget that incentivizes miners is shrinking. Analyst Justin Bons warns that Bitcoin's security is now lower than five years ago and will keep falling until the network is potentially attacked. While miner capitulation has historically signaled a market bottom, the long-term sustainability of Bitcoin mining remains uncertain compared to the lucrative returns from AI.

ambcrypto01/20 16:02

‘BTC’s security is lower now’ – Why miners are abandoning Bitcoin for AI

ambcrypto01/20 16:02

The End of the 'Talk-to-Earn' Era? X Delivers Heavy Blow, Bans InfoFi, Cutting Off Funding for a Batch of Projects

On January 15, X (formerly Twitter) revoked API access for InfoFi applications, effectively ending the "post-to-earn" model. The platform cited concerns over AI-generated spam and low-quality replies as the reason for the policy change, prioritizing user experience over the significant revenue these apps generated. Major InfoFi platforms like Kaito and Cookie DAO are now pivoting to alternative models, such as content marketing tools and market intelligence services. The move triggered sharp declines in related token values and NFT floor prices, with some teams accused of insider trading prior to the announcement. The crackdown is seen as a necessary step to combat spam and improve content quality on the platform, though it also reflects broader challenges in the crypto content ecosystem.

比推01/16 08:15

The End of the 'Talk-to-Earn' Era? X Delivers Heavy Blow, Bans InfoFi, Cutting Off Funding for a Batch of Projects

比推01/16 08:15

X Personally Terminates InfoFi Incentive Model, The Era of 'Mouth Farming' Comes to an End

X, the platform formerly known as Twitter, has officially terminated the API access for InfoFi applications that reward users for posting, effectively ending the "post-to-earn" model. This decisive move, announced by X product lead Nikita Bier, targets what the company identifies as a primary source of AI-generated spam and low-quality replies flooding the platform. The policy shift immediately impacted several prominent InfoFi projects. Tokens like KAITO and COOKIE experienced significant double-digit price drops. Projects such as Cookie DAO's Snaps platform have ceased operations, while Kaito has shut down its Yaps incentive program and is pivoting to a new, more traditional creator marketing model called Kaito Studio. X's core objection was not to the content itself, but to the fundamental structure of external, unpermissioned incentives directly driving platform engagement. This model was seen as compromising content quality and, crucially, undermining X's sovereignty over its own content ecosystem and user experience. The platform emphasized that it does not need the revenue generated from these API fees. The event signals a major recalibration, forcing InfoFi projects to either retreat to a pure data/tooling role or completely reinvent their business models to align with platform policies. The era of easily farming rewards for social media posts ("嘴撸时代") is over, as content control is firmly reclaimed by the platform itself.

Odaily星球日报01/16 04:35

X Personally Terminates InfoFi Incentive Model, The Era of 'Mouth Farming' Comes to an End

Odaily星球日报01/16 04:35

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