Industry News

Tracks company news, strategic changes, funding activities, and personnel adjustments across the blockchain and crypto industries, delivering a full-spectrum industry overview for our users.

Encrypted Workplace Survey: Low Salaries Widespread and Layoffs Without Compensation, How Should Practitioners Respond?

Based on a survey of 506 professionals, the crypto industry's workplace reality is revealed to be starkly different from its "get-rich-quick" myth. Key findings show over 70% of respondents earn a monthly salary below $4,000, with compensation and benefits lagging behind traditional tech sectors. Nearly half have experienced layoffs, and 40% of those received no severance pay. Furthermore, 70% reported never receiving token-based incentives, and a quarter are in a "pay-to-work" situation, having lost money overall in the sector. Despite these challenges, factors like remote work flexibility (available to 70%), manageable working hours, and the freedom to take on side jobs contribute to a moderate job satisfaction score of 3.51/5. Over 80% of respondents plan to remain in the industry, driven by the long-term goal of accumulating $1-5 million for retirement, though most are pessimistic about the 2026 job market outlook.

比推12/26 14:02

Encrypted Workplace Survey: Low Salaries Widespread and Layoffs Without Compensation, How Should Practitioners Respond?

比推12/26 14:02

Crypto’s High-Stakes Corner Booms As Derivatives Trading Soars To $86 Trillion

Cryptocurrency derivatives trading reached $85.7 trillion in 2025, averaging $264 billion daily, with Binance, OKX, Bybit, and Bitget controlling 62% of the market. Institutional participation grew through ETFs, options, and futures, with CME surpassing Binance in Bitcoin futures open interest. Open interest hit a record $236 billion in October before a sharp correction wiped out over $70 billion. Bitcoin’s price remained below $90k, and spot ETFs saw net outflows. Annual forced liquidations totaled $150 billion, including $19 billion in two days. The market shows increased institutional involvement but also heightened volatility and risk transmission.

bitcoinist12/26 14:02

Crypto’s High-Stakes Corner Booms As Derivatives Trading Soars To $86 Trillion

bitcoinist12/26 14:02

MEXC Launches ETH and SOL Staking Event Offering up to 20% APR

MEXC, a leading cryptocurrency exchange, has launched an "ETH & SOL Stake-to-Earn" event, offering users up to 20% APR. The event began on December 24, 2025, and is open to users who have completed Primary KYC Verification. Participants can choose between two staking products with a 7-day lock-up period. ETH staking requires a minimum of 2 ETH and a maximum of 35 ETH, while SOL staking requires between 40 and 770 SOL. This initiative is part of MEXC's ongoing commitment to providing diverse earning opportunities and reducing costs for its global user base through zero-fee trading and passive income options.

TheNewsCrypto12/26 10:54

MEXC Launches ETH and SOL Staking Event Offering up to 20% APR

TheNewsCrypto12/26 10:54

The RWA Narrative is Shifting: Why is Tokenized Gold Being Repeatedly Mentioned?

The narrative around Real World Assets (RWA) is shifting from theoretical discussions about which assets can be tokenized to a more practical focus on which tokenized assets can achieve long-term viability and scale. Tokenized gold is increasingly highlighted as one of the most promising directions in RWA development. Gold possesses inherent advantages: it is a globally recognized store of value with established custodial, auditing, and settlement systems. The primary challenge for its on-chain adoption isn't proving its legitimacy but rather improving its accessibility, lowering transaction costs, and enabling seamless cross-border movement. Tokenization addresses the low liquidity and high friction associated with physical gold, allowing it to circulate like a digital asset within crypto financial systems. This trend is further amplified by the current macro environment marked by geopolitical uncertainty and inflation, which reinforces gold's traditional role as a safe-haven asset. The conversation is moving beyond feasibility to examine practical operational requirements: physical custody, verifiable reserves, data consistency between on-chain and off-chain systems, and compliance across jurisdictions. Early infrastructure platforms, such as Matrixdock's XAUm token, which is backed by LBMA-standard physical gold, are emerging. They emphasize building robust foundational layers—including verifiable reserves and regulatory compliance—rather than merely offering a trading product. Ultimately, the next phase of RWA evolution will be a systemic test of asset selection, operational stability, and sustainability. Tokenized gold represents a clear and verifiable intersection of asset maturity, real-world demand, and on-chain utility.

marsbit12/26 09:16

The RWA Narrative is Shifting: Why is Tokenized Gold Being Repeatedly Mentioned?

marsbit12/26 09:16

Trust Wallet Users Lost $7 Million in Cryptocurrency Due to Hack

On December 26, the team behind Trust Wallet, a popular cryptocurrency wallet owned by Binance, reported a security breach affecting the browser extension version 2.68. According to Binance founder Changpeng Zhao, the incident was the result of a hack, resulting in losses of approximately $7 million. Users of the compromised version were advised to disable or uninstall it and upgrade to the secure version 2.69. The breach did not impact the mobile application. Trust Wallet's native token (TWT) initially dropped around 7% in price but recovered after the official announcement. Zhao stated that Trust Wallet would cover all user losses and urged affected individuals to contact support. Although no official cause was confirmed, reports suggest that version 2.68 contained hidden malicious code that intercepted users' secret recovery phrases during wallet imports, sending them to an external server. This allowed attackers to gain full access to affected wallets. Some community members, including Zhao, suspect the breach may have been an inside job involving a team member.

RBK-crypto12/26 08:49

Trust Wallet Users Lost $7 Million in Cryptocurrency Due to Hack

RBK-crypto12/26 08:49

Trust Wallet Hit by Malicious Update, $7M Stolen — What Happened and What Users Should Do Now

Trust Wallet's Chrome extension was compromised by a malicious update in version 2.68, leading to an estimated $7 million in stolen cryptocurrency. The breach occurred when users imported their seed phrases into the compromised extension, which secretly transmitted private keys to an attacker-controlled domain. This supply-chain attack went undetected as the malicious code was disguised as analytics software. Binance founder Changpeng Zhao confirmed that affected users would be fully reimbursed through the exchange's SAFU fund. Trust Wallet released a patched version (2.69) and advised users to disable the vulnerable extension immediately. Security experts recommend that impacted users transfer funds to new wallets, avoid reusing exposed seed phrases, and revoke existing approvals. The incident highlights the risks of browser-based wallets and underscores the importance of hardware wallets for larger holdings.

ccn.com12/26 08:47

Trust Wallet Hit by Malicious Update, $7M Stolen — What Happened and What Users Should Do Now

ccn.com12/26 08:47

2025 Crypto Industry Workplace Survey: 70% Earn Less Than $4,000 Monthly, N+1 Severance Becomes a Distant Hope

2025 Crypto Industry Workplace Survey: 70% Earn Under $4K Monthly, N+1 Compensation a Luxury Based on 506 survey responses, a report reveals the stark realities of the crypto industry, contrasting sharply with common perceptions of wealth. Over 70% of respondents earn a monthly salary below $4,000, with overall compensation lower than in developed regions. A quarter of workers are in a "pay-to-work" situation, reporting an overall net loss. Nearly half have experienced layoffs, and most did not receive standard severance packages like N+1. Despite the challenging conditions, over 80% plan to remain in the industry. Key attractions include remote work flexibility, with nearly 70% of companies offering remote options, and reasonable working hours, as 80% work 40-50 hours per week. The most desired employers are Binance, OKX, and Coinbase. The most cited high-earning professions are traders and KOLs. The primary pressures include product growth, market volatility, and job insecurity. For most, the target retirement fund is between $1 million to $5 million. Overall, the average job satisfaction rating was 3.51/5, reflecting a mix of frustration with compensation and appreciation for flexibility.

深潮12/26 07:53

2025 Crypto Industry Workplace Survey: 70% Earn Less Than $4,000 Monthly, N+1 Severance Becomes a Distant Hope

深潮12/26 07:53

Stepping into the Stablecoin Wave for Six Years, He Sees the Embryonic Form of the Future of Payments

"Six years into the stablecoin wave, Raj Parekh, former head of crypto at Visa and now leading payments at Monad, reflects on the evolution and future of digital payments. He identifies 2019 and Facebook’s Libra project as a pivotal moment that forced traditional finance to take crypto seriously. At Visa, he led efforts to integrate USDC for near-instant settlement, overcoming slow, costly legacy systems. Parekh later founded Portal Finance to build payment infrastructure, but encountered scalability limitations across blockchains. This led to Portal’s acquisition by Monad, where he now focuses on high-performance, EVM-compatible chains capable of sub-second finality—critical for global payment adoption. He sees stablecoins entering a "email moment" for money: enabling instant, low-cost global value transfer. New business models are emerging where issuers share interest earnings with users, transforming stablecoins into interest-bearing assets even during transactions. This shift, coupled with supportive regulation like the GENIUS Act, is driving broader institutional adoption. Looking ahead, Parekh is excited about AI-powered agentic payments and high-frequency finance, where autonomous agents execute microsecond-speed transactions. He envisions a future where decentralized infrastructure seamlessly integrates into everyday apps, enabling global, efficient, and programmable money movement—ushering in a new era for both finance and user experience."

marsbit12/26 05:40

Stepping into the Stablecoin Wave for Six Years, He Sees the Embryonic Form of the Future of Payments

marsbit12/26 05:40

From Exchanges to Hotels: USDT is Penetrating Real-World Consumption Scenes

Trip.com, the overseas version of Chinese travel giant Ctrip, has begun accepting stablecoin payments in USDT and USDC for global users. A real-world test in Vietnam confirmed the functionality, allowing a hotel booking to be completed in under 10 minutes using USDT. Notably, payments with USDT offered significant savings, with flight bookings being approximately 18% cheaper and hotel bookings around 2.35% cheaper compared to traditional payment methods. The service, powered by Singapore-based licensed payment gateway Triple-A, supports multiple blockchains including Ethereum, Tron, and Solana. A key privacy benefit was noted: booking a hotel with USDT required only a name and email, minimizing personal data collection. This development is particularly significant for the vast global population without access to international credit cards. The article contextualizes this move within a broader trend of major corporations, from PayPal and Ant Group to automakers like BYD and Toyota, adopting stablecoins. This shift is often driven by practical necessity in countries experiencing severe local currency devaluation, where stablecoins like USDT have become a critical tool for maintaining financial stability and facilitating cross-border commerce.

比推12/26 05:12

From Exchanges to Hotels: USDT is Penetrating Real-World Consumption Scenes

比推12/26 05:12

Crypto Morning Brief: Offshore RMB Breaks Through 7.0 Against USD Again, Trust Wallet Users' Funds Stolen

China's offshore yuan strengthened past 7.0 against the U.S. dollar, reaching its highest level since September 2024. Bitcoin mining difficulty saw a slight increase to 148.26 T. In regulatory developments, Hong Kong is advancing legislation for OTC digital asset trading and custody services to enhance compliance and combat fraud. A significant security breach affected Trust Wallet users, with at least $6 million stolen due to a vulnerability in its browser extension. Meanwhile, an analyst confirmed that Trend Research’s Ethereum holdings are facing approximately $143 million in unrealized losses. In political news, the Wall Street Journal reported that Changpeng Zhao benefited from an emerging "informal pardon" system during Trump’s presidency, where lobbying for clemency reportedly involved multi-million dollar fees. The AI-related cryptocurrency sector experienced a sharp decline, losing 75% of its market value—approximately $53 billion—in 2025, with several major tokens dropping over 70%. Infinex reduced the valuation for its INX token sale to $99.99 million following market feedback. Pantera Capital’s Jay Yu shared 12 predictions for 2026, including the rise of tokenized gold, AI-integrated crypto interfaces, and consolidation among digital asset trading platforms. An annual CoinGlass report highlighted Binance, OKX, and Bitget as leaders in BTC and ETH liquidity and derivatives trading volume. Finally, Caixin warned about legal risks associated with the use of "U Cards" in China—offshore bank cards that facilitate payments using USDT.

marsbit12/26 01:45

Crypto Morning Brief: Offshore RMB Breaks Through 7.0 Against USD Again, Trust Wallet Users' Funds Stolen