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.

Paradigm Builds Its Own Prediction Market Trading Terminal, Also Considering Market Making and Index Products

Paradigm, a major crypto investment firm, is developing a dedicated trading terminal for prediction markets, targeting professional traders and market makers, according to anonymous sources. Led by partner Arjun Balaji since late 2025, the initiative aligns with growing institutional interest in prediction markets, where users speculate on events like elections or asset prices. The company is reportedly considering launching an internal market-making desk and exploring the creation of a prediction market index—similar to traditional indices like the S&P 500—by aggregating multiple prediction markets into a single tradable product. Paradigm has already begun compiling prediction market data into a public dashboard. Notably, Paradigm is a key investor in Kalshi, a leading prediction market platform it helped value at $22 billion, and insists the terminal does not compete with Kalshi’s core business. This move is part of Paradigm’s broader expansion beyond crypto into AI and robotics, evidenced by its ongoing efforts to raise a new $1.5 billion fund. The firm has a history of launching in-house projects, including the crypto software company Ithaca and Tempo, a stablecoin-focused blockchain developed with Stripe.

marsbit04/02 03:11

Paradigm Builds Its Own Prediction Market Trading Terminal, Also Considering Market Making and Index Products

marsbit04/02 03:11

Traditional Brokerage Firm Enters Crypto: Interactive Brokers' Three-Month Blitz in the Crypto Market

Interactive Brokers, a Nasdaq-listed traditional brokerage with a market cap of $113.7 billion, rapidly expanded into the crypto market within just three months in 2026. Known for its low-cost, high-efficiency execution and global multi-asset trading platform, the firm integrated cryptocurrency services seamlessly into its existing offerings. Key initiatives included introducing 24/7 stablecoin deposit services via USDC, RLUSD, and PYUSD through Zero Hash, allowing near-instant dollar conversion with minimal fees. The platform also enabled direct transfers of BTC and ETH from external wallets and launched Bitcoin and Ethereum futures via Coinbase Nano. Additionally, IBKR expanded crypto trading to European retail investors through its Irish entity, supporting 11 major cryptocurrencies. This strategic move reflects Interactive Brokers’ effort to serve professional and institutional clients seeking unified asset management—combining crypto with stocks, options, and futures on a single platform. The company emphasizes low-cost, professional-grade crypto trading, leveraging stablecoins as efficient settlement and margin tools. With strong 2025 financials—including 32% YoY growth in client accounts and $6.2 billion in net revenue—the firm demonstrates how traditional brokerage expertise can drive crypto adoption.

marsbit04/02 03:05

Traditional Brokerage Firm Enters Crypto: Interactive Brokers' Three-Month Blitz in the Crypto Market

marsbit04/02 03:05

Nvidia Loses 40% of Chinese Market in Three Years | Rewire Morning News

Nvidia's market share in China's AI GPU market has dropped from 95% to 55% over three years, with Huawei capturing 20% of the market. The U.S. Federal Reserve warns that AI hype itself may be driving inflation by boosting consumer spending and corporate investment. Intel repurchased a factory in Ireland for $14.2 billion, signaling a strategic shift toward manufacturing sovereignty. Wall Street firms like JPMorgan and Paradigm are entering the prediction markets, indicating growing institutional interest. In DeFi, Drift Protocol on Solana suffered a $285 million hack due to a private key leak. Other notable news includes Block’s plan to replace middle management with AI, Anthropic’s DMCA takedown mishap, and a record $16.1 billion in Chinese VC funding for Q1 focused on AI and semiconductors.

marsbit04/02 02:25

Nvidia Loses 40% of Chinese Market in Three Years | Rewire Morning News

marsbit04/02 02:25

Zhou Shen's New Song 'Chronicle of the Moon' Released: Clearly Marked as Strictly Prohibited for AI Training and Voice Imitation

On April 1, Chinese singer Zhou Shen released the theme song "Yue Zhi Ji" for the fantasy drama "Yue Lin Qi Ji," with a notable copyright declaration explicitly prohibiting the use of the work for artificial intelligence (AI) training. This marks the first case in China where such a restriction was imposed at the time of a song’s release, setting a precedent for protecting vocal rights and creative sovereignty in the digital age. The statement specifies that unauthorized use—including covers, re-recording, remixing, or distribution—is strictly forbidden. It explicitly bans the use of the work in AI training, imitation, learning, or generation activities, addressing growing concerns over AI voice replication and algorithm-driven music plagiarism. Zhou Shen has previously emphasized that while AI can achieve technical precision, it cannot replicate the emotional depth and artistic essence of human performance. As AI music commercializes by 2026, this proactive measure establishes a legal and technical framework to safeguard original vocal works and clarifies authorization standards for AI training data. Industry experts believe such declarations will simplify copyright enforcement by establishing intent at the source. Leading artists like Zhou are helping define ethical and legal boundaries for human-AI collaboration, reaffirming that irreplaceable human emotion remains central to artistic creation.

marsbit04/02 01:49

Zhou Shen's New Song 'Chronicle of the Moon' Released: Clearly Marked as Strictly Prohibited for AI Training and Voice Imitation

marsbit04/02 01:49

CoinShares’ US Trading Debut Marred By 25% Stock Crash: Key Takeaways

CoinShares, a major European crypto asset manager, debuted on the Nasdaq via a deSPAC merger with Vine Hill Capital, valuing the company at $1.2 billion. However, its stock plunged 25% on the first trading day, reflecting broader turbulence in crypto-related equities amid geopolitical tensions and volatile digital asset markets. CEO Jean-Marie Mognetti urged patience, emphasizing the listing was driven by business readiness rather than favorable market conditions. He downplayed short-term price movements, highlighting the company’s long-term strategy. Historical data shows deSPACs have averaged a 60% decline in the first year post-merger.

bitcoinist04/01 23:03

CoinShares’ US Trading Debut Marred By 25% Stock Crash: Key Takeaways

bitcoinist04/01 23:03

Solana hits 10B transactions as Ethereum crosses 200M — two blockchains, two models

Blockchain activity is rising, but the latest data reveals a widening gap in how that activity is defined. Solana processed a record 10.1 billion transactions in Q1 2026, driven by its high-throughput, low-fee model optimized for high-frequency use cases like trading and gaming. In the same period, Ethereum recorded just over 200 million transactions, also a record, reflecting its role as a high-value settlement layer for DeFi, institutional flows, and L2s. The contrast underscores two definitions of activity: Solana emphasizes quantity and volume, while Ethereum emphasizes value density and security. The data suggests these ecosystems are specializing rather than competing, with Solana as a high-throughput execution environment and Ethereum as a foundational settlement layer. Both models are expanding simultaneously, indicating a multi-chain future where networks optimize for different use cases.

ambcrypto04/01 17:59

Solana hits 10B transactions as Ethereum crosses 200M — two blockchains, two models

ambcrypto04/01 17:59

Dialogue with BlackRock's Head of Digital Assets: How Do Tokenized Stocks Work?

The article "Dialogue with BlackRock's Digital Asset Head: How Do Tokenized Stocks Work?" features a discussion with industry experts including Robert Mitchnick (BlackRock), Rob Hadick (Dragonfly), and Noah Levine (a16z). The conversation explores the evolution and mechanics of tokenized assets, particularly stocks. Key takeaways highlight that tokenization is primarily an "access" story, enabling broader investor participation in traditionally hard-to-reach asset classes, rather than just an efficiency improvement. Stablecoins are evolving from payment tools into foundational financial infrastructure, acting as an entry point for investment and asset management. Most current "tokenized stock" offerings are transitional, often representing derivative-like structures rather than true on-chain ownership, with limitations like transfer restrictions due to whitelisting and compliance requirements. The discussion covers three main structures for tokenized equities: SPV-based models, rights-based tokens (e.g., Securitize’s approach), and native on-chain issuance (e.g., Superstate). The latter is seen as the most promising for enabling true composability and functionality like collateralization. Regulatory clarity and infrastructure development are critical for advancing toward permissionless, liquid markets. Initiatives like the NYSE’s partnership with Securitize for 24/7 trading are noted, though the core demand is for improved asset utilization efficiency, not just extended hours. The piece also differentiates stablecoins (serving cross-border and crypto-native users) from tokenized deposits (focused on banking efficiency), predicting both will coexist. Privacy emerges as a growing need in on-chain capital markets, with technologies like ZK-proofs gaining relevance. Long-term, tokenization could flatten financial market structures by reducing intermediaries, lowering costs, and expanding access, ultimately integrating crypto infrastructure into mainstream finance.

marsbit04/01 14:54

Dialogue with BlackRock's Head of Digital Assets: How Do Tokenized Stocks Work?

marsbit04/01 14:54

S&P tokenizes U.S. Treasury Index as RWA market continues to expand

The cryptocurrency sector is expanding significantly, with real-world asset (RWA) tokenization as a key growth area. S&P Dow Jones Indices has tokenized its iBoxx US Treasuries Index on the Canton Network, marking the first major fixed-income benchmark available as a digital resource. This initiative, supported by Kaiko’s digital infrastructure, allows financial institutions to integrate benchmark data directly into blockchain systems but is not a direct investment product. Tokenized U.S. Treasuries have surged to $12.6 billion, dominating the RWA market, which totals $27.7 billion. Short-term tokenized bonds have also grown, reaching $620 million, reflecting increased institutional demand. This shift highlights the growing acceptance of RWAs, with the market poised to exceed $30 billion in the medium term.

ambcrypto04/01 10:06

S&P tokenizes U.S. Treasury Index as RWA market continues to expand

ambcrypto04/01 10:06

Embodied Intelligence Breakthrough: Amap Fully Open-Sources Universal Robot Base Model ABot-M0

Embodied Intelligence Breakthrough: AutoNavi Open-Sources Universal Robot Base Model ABot-M0 AutoNavi has announced the full open-source release of ABot-M0, the world's first unified architecture-based embodied manipulation base model. This model is designed to enable "one general brain to adapt to multiple forms of robots," aiming to break down barriers between heterogeneous hardware and accelerate the adoption of embodied intelligence in industrial and household settings. ABot-M0 demonstrated exceptional performance in industry tests, achieving a task success rate of 80.5% on the Libero-Plus benchmark—a nearly 30% improvement over the previous benchmark, Pi0. It also set new state-of-the-art records on benchmarks like Libero and RoboCasa. The open-source release addresses long-standing challenges in the field, such as data isolation and deployment difficulties, by providing resources across three key dimensions: - **Data:** The UniACT dataset, the largest of its kind, with over 6 million real operation trajectories and full data pipeline tools. - **Algorithm:** The model architecture and training framework, featuring innovative components like Action Manifold Learning (AML) and a dual-stream perception architecture. - **Model:** End-to-end pre-trained models and a complete toolchain for out-of-the-box deployment, significantly lowering the barrier to adaptation. According to AutoNavi's ABot-M0 technical lead, this open-source initiative aims to build a bridge between academic research and industrial application, enabling robots of various forms to possess a smart, reliable, and universal "brain."

marsbit04/01 08:19

Embodied Intelligence Breakthrough: Amap Fully Open-Sources Universal Robot Base Model ABot-M0

marsbit04/01 08:19

Anthropic Issues DMCA Takedown Notices, Massively Removes 8,100 Source Code Repositories

AI giant Anthropic has issued multiple DMCA takedown notices to GitHub in response to a major source code leak. The company is targeting illegally hosted repositories containing the code for Claude Code. As a result, GitHub has removed the main repository along with over 8,100 forked repositories, marking one of the largest code copyright clean-up operations in the AI industry. Contrary to initial reports of employee error, an internal investigation revealed the leak was caused by a bug in an internal packaging tool. This bug mistakenly included sensitive files and full TypeScript source code, which should have remained private, into a production build. While this finding shifts blame from employee misconduct, it highlights a critical security flaw in Anthropic's automated workflow. Despite the takedown, the code had already been downloaded by thousands of developers within 48 hours and widely shared on platforms like Telegram, cloud storage, and private Git servers, making complete eradication nearly impossible. The leaked code, which includes implementation logic and internal model fine-tuning instructions, continues to be actively analyzed by developers.

marsbit04/01 07:17

Anthropic Issues DMCA Takedown Notices, Massively Removes 8,100 Source Code Repositories