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.

Human API Launches Platform Enabling Direct AI-to-Human Task Coordination

Human API has launched a first-of-its-kind platform that enables AI agents to directly assign tasks to humans, addressing the "last mile" problem in AI operations where agents struggle with real-world interactions. The platform serves as an execution and coordination layer, allowing human contributors to accept and complete tasks such as voice recordings, with payments processed via Stripe Connect. This provides AI agents and businesses with programmatic access to high-quality, human-generated data. Initially focused on voice data licensing, the platform aims to expand into other data types and real-world tasks. Backed by $65 million in funding from investors like Placeholder and Polychain, Human API aims to create an agent-native ecosystem where humans are compensated collaborators, bridging the gap between AI capabilities and human judgment.

TheNewsCrypto02/11 22:56

Human API Launches Platform Enabling Direct AI-to-Human Task Coordination

TheNewsCrypto02/11 22:56

Bithumb Blames System Flaws For $40 Billion Bitcoin Giveaway

South Korean cryptocurrency exchange Bithumb accidentally distributed 620,000 Bitcoin (worth over $40 billion) instead of 620,000 Won ($426) due to a system flaw during a promotional event. The exchange halted trading and withdrawals within 35 minutes, recovering most of the funds, though 1,786 BTC were sold by users before action could be taken. Regulators have stated those users must return the funds. Bithumb, which held only 40,000 BTC at the time, cited a 24-hour transaction processing lag as a key factor. The error caused a 17% drop in Bitcoin's price on the exchange. Bithumb will compensate affected users and waive trading fees.

bitcoinist02/11 20:03

Bithumb Blames System Flaws For $40 Billion Bitcoin Giveaway

bitcoinist02/11 20:03

How Goldman Sachs is betting on crypto with its billion-dollar strategy

Goldman Sachs has significantly shifted its stance on cryptocurrency, investing over $2.36 billion in a diversified portfolio that includes $1.1 billion in Bitcoin, $1 billion in Ethereum, $153 million in XRP, and $108 million in Solana. This marks a major departure from its previous position, where it viewed crypto as a risky asset with no long-term value. The change began around 2020 as institutional interest grew. While building its crypto holdings, Goldman is also involved in regulatory debates, particularly opposing crypto platforms offering interest on stablecoins, which it could threaten traditional banking. Despite recent price declines in major cryptocurrencies, Goldman’s strategy shows confidence in the broader crypto market, contrasting with JPMorgan’s focus on building digital finance infrastructure.

ambcrypto02/11 18:02

How Goldman Sachs is betting on crypto with its billion-dollar strategy

ambcrypto02/11 18:02

Solana Gets A Big Infra Signal As Alibaba Demos High-Performance RPCs

Alibaba Cloud demonstrated high-performance Solana RPC connectivity during a keynote, showcasing a significant infrastructure development for the blockchain. The demo highlighted a migration of a Solana archive node to Alibaba's in-house database, completed in just two days with the aid of AI-assisted coding. Key improvements included a reduction in RPC call latency; a "get slot" call dropped from 25ms to 10ms, while a "get block" call for a 4MB payload saw latency fall to under 200ms. This was achieved by routing traffic through Alibaba's private backbone network instead of the public internet, emphasizing stability and suitability for low-latency, trading-heavy applications. The company also highlighted its global data center footprint as a perfect match for Solana's needs. Although not a formal product announcement, the public benchmarking by a major cloud provider is a notable vote of confidence for the Solana ecosystem.

bitcoinist02/11 17:02

Solana Gets A Big Infra Signal As Alibaba Demos High-Performance RPCs

bitcoinist02/11 17:02

Banks Move Toward 24/7 On-Chain Finance as Franklin Templeton and SWIFT Outline Blockchain Future

Top executives at Consensus Hong Kong 2026 outlined a future where banking operates 24/7 using blockchain technology. Franklin Templeton is focusing on tokenizing money market funds to enable round-the-clock trading and reduce administrative costs. SWIFT is developing a system to convert traditional bank balances into digital tokens to expedite settlements and eliminate cutoff times. While tokenized finance remains small compared to traditional markets, the industry is building early infrastructure. Key barriers like regulation and private key security need addressing for broader adoption. The future is expected to be hybrid, blending decentralized services with traditional intermediaries, as major financial institutions push for secure, continuous blockchain-based systems.

TheNewsCrypto02/11 16:02

Banks Move Toward 24/7 On-Chain Finance as Franklin Templeton and SWIFT Outline Blockchain Future

TheNewsCrypto02/11 16:02

Strongest quarter in three years – Yet, Canaan’s CAN stays below $1!

Crypto miner Canaan reported its strongest quarterly revenue in three years, with Q4 revenue surging 121.1% year-on-year to $196.3 million. This growth was driven by increased mining output and high demand for its machines, including a record 14.6 EH/s in computing power shipments. Mining revenue alone rose 98.5% to $30.4 million, and the company expanded its digital asset holdings to 1,750 BTC and 3,950 ETH. Despite these strong operational and financial results, Canaan’s stock (CAN) continues to trade below $1, currently at $0.57, down nearly 7% in a day. The company faces potential delisting from Nasdaq after receiving a warning for non-compliance with the exchange’s minimum bid price requirement. Canaan has until July 13 to bring its share price above $1 for at least 10 consecutive trading days. The stock has fallen about 18% year-to-date and over 70% in the past 12 months, reflecting persistent investor concerns despite record performance.

ambcrypto02/11 15:02

Strongest quarter in three years – Yet, Canaan’s CAN stays below $1!

ambcrypto02/11 15:02

Binance Partners With Franklin Templeton to Enable Tokenized Money Market Funds as Off-Exchange Collateral

Binance has partnered with global asset manager Franklin Templeton to enable institutional traders to use tokenized money market funds as off-exchange collateral. This new structure allows investors to hold tokenized shares of Franklin Templeton’s Benji platform in regulated custody, while Binance recognizes their value for margin trading. This reduces counterparty risk, as assets are held off-exchange, and enables institutions to earn returns on stable, low-risk money market funds while using them as trading collateral. The move is seen as a significant step in bridging traditional finance with digital assets, addressing custody barriers and promoting real-world asset adoption in crypto markets.

TheNewsCrypto02/11 13:14

Binance Partners With Franklin Templeton to Enable Tokenized Money Market Funds as Off-Exchange Collateral

TheNewsCrypto02/11 13:14

BitMine stakes $282M in Ethereum despite 2.71% market dip

Despite a 2.71% dip in the total crypto market, now valued at $2.3 trillion, Tom Lee’s BitMine has aggressively purchased Ethereum, staking an additional 140,400 ETH worth $282 million on February 11. This brings its total staked ETH to nearly 3 million, valued at over $6 billion, with 69% locked and unavailable for sale. BitMine has been buying near the $2,000 support level, acquiring 60,000 ETH in the two prior days. While this signals strong long-term confidence in Ethereum, BitMine’s stock (BMNR) fell nearly 7% following the purchases. The strategy could secure a major DeFi position if successful but may face pressure if the market decline continues.

ambcrypto02/11 12:01

BitMine stakes $282M in Ethereum despite 2.71% market dip

ambcrypto02/11 12:01

Consensus Live | Avenir Group, Tiger, AMINA, and CoinRoutes Discuss Institutional Capital Efficiency and Financial Infrastructure Evolution

At Consensus Hong Kong 2026, the institutional investment narrative is structurally shifting toward multi-asset allocation, yet cross-system frictions are diluting capital efficiency. Avenir Group, in partnership with Tiger Brokers, AMINA Bank, and CoinRoutes, led a roundtable on next-generation institutional trading infrastructure. Key consensus emerged: the industry must transition from an asset-centric to a capital-centric framework to optimize efficiency in a multi-asset environment. Panelists highlighted challenges including fragmented capital utilization due to segregated systems, misaligned clearing cycles causing idle capital, and the need for natively compliant, scalable infrastructure. Avenir Group and partners signed an MOU to explore collaborative solutions, emphasizing that future competitiveness hinges on unified capital management and cross-asset operational capabilities within regulatory frameworks.

marsbit02/11 11:06

Consensus Live | Avenir Group, Tiger, AMINA, and CoinRoutes Discuss Institutional Capital Efficiency and Financial Infrastructure Evolution

marsbit02/11 11:06

Franklin Templeton and Binance Launch Tokenized Fund Collateral Program — A Major Institutional Crypto Move

Franklin Templeton and Binance have launched an Institutional Off-Exchange Collateral Program, allowing institutional investors to use tokenized shares of Franklin Templeton’s money market funds as collateral on Binance without transferring the assets to the exchange. The tokenized assets remain securely held in regulated third-party custody through Ceffu, Binance’s institutional custody partner, while Binance mirrors their value for trading purposes. This enables institutions to trade spot, derivatives, and other products on Binance while continuing to earn yield on their collateral and minimizing counterparty and exchange-related risks. The program is designed for sophisticated institutional clients and combines traditional finance security with crypto market efficiency, offering a regulated, yield-generating alternative to typical on-exchange collateral mechanisms.

ccn.com02/11 10:44

Franklin Templeton and Binance Launch Tokenized Fund Collateral Program — A Major Institutional Crypto Move

ccn.com02/11 10:44

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