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.

Chainlink Maxi Shares Why LINK Is A Better Institutional Bet Than XRP

In a controversial post, Chainlink ambassador Zach Rynes sparked debate by arguing that LINK is a superior institutional investment compared to XRP. He criticized Ripple for prioritizing equity shareholders over XRP token holders, claiming the company uses XRP sale proceeds to fund corporate acquisitions and stock buybacks that don’t benefit token investors. Rynes dismissed the XRP Ledger as an "obsolete ghost chain" with minimal market share in real-world assets and stablecoins, while highlighting Chainlink’s dominance in DeFi, institutional partnerships, and structurally aligned incentives—noting that even Chainlink employees are rewarded in LINK, not equity. Ripple’s former CTO, David Schwartz, countered that Ripple’s consistent XRP sales created lower entry prices for buyers, a claim Rynes rejected as "elite-tier gaslighting."

bitcoinist03/21 03:01

Chainlink Maxi Shares Why LINK Is A Better Institutional Bet Than XRP

bitcoinist03/21 03:01

Cursor's "Shelling" Kimi Controversy Reverses: From Infringement Allegations to Authorized Cooperation, China's Open-Source Models Once Again Become the Global AI Foundation

On March 20, AI programming tool Cursor (parent company Anysphere, valued at $29.3 billion) released its self-developed model Composer 2, claiming performance improvements through continued pre-training and reinforcement learning, without disclosing the base model source. Shortly after, a captured API request revealed the model ID as "kimi-k2p5-rl-0317-s515-fast," suggesting it was built on Kimi K2.5. Moonshot AI’s pre-training lead Du Yulun initially accused Cursor of violating Kimi’s modified MIT license, which requires commercial products exceeding certain revenue or user thresholds to credit Kimi model usage. The controversy gained traction with Elon Musk’s public comment. However, the situation reversed when Moonshot AI officially congratulated Cursor, clarifying that the usage was authorized through Fireworks AI’s commercial platform. Cursor’s co-founder Aman Sanger and VP Lee Robinson later explained that Kimi K2.5 was selected as the strongest base model after evaluation, and Composer 2 involved significant additional training by Cursor. They admitted failure to credit Kimi initially was a mistake. This incident highlights the growing influence of Chinese open-source models in the global AI ecosystem, as noted by Hugging Face’s CEO. It also serves as indirect validation for Moonshot AI, which is currently raising funds at a $18 billion valuation, suggesting its technology may be even more valuable than estimated.

marsbit03/21 01:52

Cursor's "Shelling" Kimi Controversy Reverses: From Infringement Allegations to Authorized Cooperation, China's Open-Source Models Once Again Become the Global AI Foundation

marsbit03/21 01:52

Weekly Selection丨Crypto Welcomes New Regulations but Bitcoin Doesn't Rise, TAO Still Hot

This weekly roundup from PANews covers major developments in crypto regulation, AI integration, and market trends. In a landmark move, US regulators SEC and CFTC jointly issued new guidance clarifying that most crypto assets are not securities, providing legal clarity for Bitcoin and major cryptocurrencies. Despite this regulatory progress, Bitcoin's price did not see significant gains. The AI sector remains a focal point, with discussions comparing Nvidia's Jensen Huang to Satoshi Nakamoto and exploring how AI is reshaping finance through tools like AI researchers and autonomous agents. Bittensor (TAO) continues to gain traction, with its subnetworks distributing substantial daily value. Institutional adoption accelerates as Nasdaq receives approval for tokenized stock trading, and S&P 500 indices debut on Hyperliquid. Meanwhile, meme coin platform Pump.fun surpasses $1 billion in cumulative revenue, though the NFT and metaverse real estate markets show signs of a severe downturn. Key market updates include MicroStrategy's continued Bitcoin acquisitions, FTX's planned $2.2 billion creditor distribution, and central banks maintaining steady interest rates. The intersection of AI and crypto is further highlighted by practical applications, such as AI-powered prediction markets generating profits.

marsbit03/21 01:36

Weekly Selection丨Crypto Welcomes New Regulations but Bitcoin Doesn't Rise, TAO Still Hot

marsbit03/21 01:36

SMCI Involved in AI Smuggling, Munger's Advice for Ordinary People to Turn Their Lives Around...

This article summarizes recent discussions among crypto influencers on X platform. Key topics include: 1. **SMCI AI Smuggling Case**: Reports detail an incident involving the alleged smuggling of AI technology, with linked images and an extended reading source. 2. **Charlie Munger's Advice for 2026**: The late investor's principles are highlighted, emphasizing the pitfalls of hesitation (lack of conviction) and going all-in (allowing no room for error). The advice is praised as timeless wisdom that resonates more with experience. 3. **Making 1 Million in Crypto**: A discussion on the perceived simplicity versus the actual difficulty of achieving significant profits in the cryptocurrency market. 4. **Macroeconomics, Policy & Black Swans**: Commentary on broader economic conditions, potential policy changes, and unforeseen market risks. The article concludes with links to the publisher's social media channels and a disclaimer that the content consists of personal opinions and does not constitute investment advice.

比推03/20 23:05

SMCI Involved in AI Smuggling, Munger's Advice for Ordinary People to Turn Their Lives Around...

比推03/20 23:05

Grayscale files for HYPE ETF as Hyperliquid gains traction despite mixed ETF flows

Grayscale has filed an S-1 form with the SEC for a proposed HYPE ETF, an early step toward launching an exchange-traded product tied to the Hyperliquid trading network's native asset. This move signals a strategic institutional shift toward DeFi infrastructure. The filing follows Hyperliquid's growth, including new S&P 500 perpetual contracts and rising TVL. HYPE's price surged from below $30 in early March to nearly $40, reflecting growing interest. However, broader crypto ETF flows are mixed, with recent daily outflows of $225.8 million, suggesting capital may be rotating into new narratives rather than exiting the market entirely.

ambcrypto03/20 23:02

Grayscale files for HYPE ETF as Hyperliquid gains traction despite mixed ETF flows

ambcrypto03/20 23:02

Visa Spent $1.8 Billion Just to Avoid Being Left Behind by AI

Visa's $1.8 billion acquisition of stablecoin infrastructure firm BVNK is a defensive move against the rise of AI agents disrupting its core business model. Visa’s empire is built on interchange fees (2-3% per transaction), which fund rewards, fraud protection, and status-driven perks that appeal to human psychology. However, AI agents are purely rational: they seek the cheapest, fastest payment path, avoid fees, and have no use for rewards or brand loyalty. A recent report warning that AI agents could bypass traditional card networks by 2027 using stablecoins and decentralized payment protocols (like x402 and Tempo) caused significant stock drops for Visa, Mastercard, and Amex. While current transaction volumes on new infrastructures remain small, projects like Visa CLI, Circle’s Nanopayments, and Stripe’s blockchain initiatives are laying the groundwork for machine-to-machine commerce. Visa isn’t idle—it’s participating in new protocols and launching crypto tools—but its historical advantage (consumer trust and merchant acceptance) relies on human behavior. In an AI-driven economy, that advantage vanishes. The disruption begins with micro-payments for API calls and AI services, but may eventually extend to consumer spending. Visa’s massive investment signals it knows the threat is real.

比推03/20 17:55

Visa Spent $1.8 Billion Just to Avoid Being Left Behind by AI

比推03/20 17:55

Ethereum Cements RWA Dominance As Amundi Tokenizes $100M SAFO Fund

Europe's largest asset manager, Amundi, has launched a tokenized fund, the Spiko Amundi Overnight Swap Fund (SAFO), with $100 million in initial assets. The fund, built on Ethereum and Stellar, is designed for corporate treasury and collateral management, offering low-risk, overnight liquidity and multi-currency support. It uses smart contracts and Chainlink’s oracle network for real-time data and interoperability. This move reinforces Ethereum’s dominance in institutional real-world asset (RWA) tokenization, joining other major players like BlackRock in shifting toward on-chain financial products.

bitcoinist03/20 14:32

Ethereum Cements RWA Dominance As Amundi Tokenizes $100M SAFO Fund

bitcoinist03/20 14:32

Rain Launches an OpenClaw and AI Agent-Ready SDK for Building Independent Prediction Market Platforms and a $5M Grant Program

Rain, a decentralized prediction market protocol, has launched an AI agent-ready SDK and a $5 million grant program to enable developers and creators to build and monetize their own independent prediction market platforms. The protocol is fully compatible with OpenClaw, allowing AI agents to generate live markets from a single prompt without manual coding. Unlike other platforms that restrict market creation, Rain provides the infrastructure for anyone to launch fully functional markets on any topic. Builders retain full control over their product and branding, and they earn a 0.5% share of the trading volume they generate. The grant program allocates $3 million for development and $2 million for a daily rewards system to incentivize ecosystem activity.

TheNewsCrypto03/20 13:12

Rain Launches an OpenClaw and AI Agent-Ready SDK for Building Independent Prediction Market Platforms and a $5M Grant Program

TheNewsCrypto03/20 13:12

Ondo Finance Expands Tokenized Securities Offering With BlackRock IBIT and Galaxy Digital

Ondo Finance has expanded its tokenized securities platform by adding over 60 new stocks and ETFs, including BlackRock’s iShares Bitcoin Trust (IBIT) and Galaxy Digital’s stock. The platform now supports more than 250 tokenized assets on blockchains like Ethereum and Solana. This expansion reflects growing institutional demand for tokenized real-world assets, with Ondo currently managing $2.6 billion in tokenized treasuries and equities. The move aims to bridge traditional and decentralized finance by improving accessibility, efficiency, and regulatory compliance. Tokenization enables near-instant, 24/7 trading, highlighting the increasing convergence of traditional finance and blockchain technology.

TheNewsCrypto03/20 12:51

Ondo Finance Expands Tokenized Securities Offering With BlackRock IBIT and Galaxy Digital

TheNewsCrypto03/20 12:51

What Are the Characteristics of Projects Delisted by Major Exchanges?

Major cryptocurrency exchanges like Binance, Coinbase, and OKX are increasingly delisting tokens, signaling a shift from expansion to contraction in asset listings. Recent delistings include projects such as FORTH, HOOK, LRC, and RDNT, many of which were once high-profile in narratives like DeFi, Layer 2, and memes. A key reason for delisting is the lack of sustainable technology or business models. Once market hype fades, these projects fail to deliver, becoming "zombie" assets with low liquidity and community engagement. Additionally, insufficient transparency—such as inactive teams, poor communication, and unclear roadmaps—has become a critical factor. Exchanges now prioritize tokens with clear governance, active development, and regular updates. This trend reflects a broader industry move towards higher-quality, compliant assets, including tokenized stocks, which offer clearer value and regulatory alignment. The delisting wave acts as a market cleanse, urging projects to maintain transparency and viability or risk removal.

marsbit03/20 12:22

What Are the Characteristics of Projects Delisted by Major Exchanges?