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.

Trump Tweets After Hours, Pushing On-Chain Perpetual Contracts into the Mainstream

Trump, who calls himself the "Crypto President," is also driving the adoption of perpetual futures contracts. He frequently makes market-moving statements outside traditional trading hours, coinciding with the rise of 24/7 trading infrastructure. Over a single weekend, Hyperliquid’s S&P 500 proxy product experienced three major price swings triggered by Trump’s tweets—first rising on positive remarks, then falling after a threat against Iran, and surging again following claims of diplomatic progress (later denied by Iran). This highlights a structural shift toward perpetual contracts and round-the-clock markets. Perpetual DEX trading volume reached $739 billion in January 2026, accounting for 10.2% of all crypto perpetual trading—up from just 2.0% two years prior. While it remains uncertain whether perps will dominate traditional finance, growth is undeniable. Recent developments, like Katana’s acquisition of IDEX and the launch of Katana Perps, signal increasing momentum. Regulatory clarity and macro risks are accelerating the move toward 24/7 trading, where price discovery happens continuously.

marsbit03/24 08:09

Trump Tweets After Hours, Pushing On-Chain Perpetual Contracts into the Mainstream

marsbit03/24 08:09

Kalshi and Polymarket Jointly Invest in New Fund, a Major Step Towards the 'Ecologization' of Prediction Markets

A new venture capital firm, 5c(c) Capital, founded by two former Kalshi employees, is raising $35 million to invest in prediction market startups. The fund has garnered support from key industry leaders, including Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan, as well as investors from a16z, Ribbit Capital, and Multicoin Capital. This marks the first VC fund dedicated solely to the prediction market industry and represents a significant step towards its maturation as an independent ecosystem beyond the crypto market. Prediction markets are experiencing explosive growth, with Kalshi's monthly trading volume surpassing $12.7 billion in March 2026 alone—over half of its total 2025 volume. The industry is rapidly building out its infrastructure, including the formation of a trade coalition (CPM), acquisitions of API and data firms, and the planned inaugural Prediction Market Conference. The founders of 5c(c) Capital believe the industry could eventually see $10 trillion in trading volume, extending far beyond its current focus on sports. Despite potential regulatory challenges, prediction markets are solidifying their position as a major new financial sector.

Odaily星球日报03/24 06:31

Kalshi and Polymarket Jointly Invest in New Fund, a Major Step Towards the 'Ecologization' of Prediction Markets

Odaily星球日报03/24 06:31

US AI Startups Are All Using Chinese Large Models | Rewire Morning News

U.S. AI Startup Reliance on Chinese Models & Key Tech Updates NVIDIA CEO Jensen Huang declared on a podcast that AGI has been achieved, citing open-source platforms like OpenClaw as evidence, while simultaneously defending AI-generated content against criticism. A U.S.-China security review report revealed that about 80% of American AI startups are using Chinese open-source models from companies like Alibaba, Moonshot AI, and MiniMax, which dominate global rankings. This dependency is seen as a self-reinforcing competitive advantage for China. In a specific case, the $29.3 billion coding tool Cursor was found to be using Moonshot's Kimi model without disclosure. Meanwhile, the Pentagon labeled Anthropic a "supply chain risk," drawing political criticism. In energy, the IEA warned the Iran crisis has caused a larger daily oil supply loss than the 1970s shocks, with Russia benefiting as oil prices surge. BlackRock's CEO warned AI will worsen wealth inequality and proposed a government retirement fund and tokenization to broaden market access, aligning with the firm's business interests. Sam Altman stepped down as chairman of Helion Energy to avoid a conflict of interest as OpenAI negotiates a power purchase agreement for fusion energy, a highly ambitious bet given fusion is not yet commercialized. Other notable updates: Trump established a fund to reduce foreign chip reliance; prediction market CEOs invested in a new VC fund despite regulatory challenges; Luma AI released a leading image model; Apple announced AI-focused WWDC 2026; and MicroStrategy continued aggressive Bitcoin purchases.

marsbit03/24 04:41

US AI Startups Are All Using Chinese Large Models | Rewire Morning News

marsbit03/24 04:41

Cardano Founder Says The Old System Is Breaking Down

Charles Hoskinson, founder of Cardano, argues that the current downturn in crypto and other markets is a symptom of a broader systemic collapse, not a crypto-specific failure. In a livestream, he described a world in crisis due to war, inflation, and a loss of institutional legitimacy. Hoskinson positioned crypto as the essential infrastructure for a new, fairer system that can bank the unbanked, provide universal digital identity, and create equitable global markets. He defended the long-term purpose of crypto amidst market weakness, linking it to censorship resistance and the future regulation of AI. He also revealed that AI tools are drastically accelerating development, citing the near-launch of Cardano's privacy chain, Midnight. His overarching message was that crypto serves as a vital trust and control layer for a dysfunctional world.

bitcoinist03/24 03:02

Cardano Founder Says The Old System Is Breaking Down

bitcoinist03/24 03:02

Crypto Morning Brief: edgeX to Conduct TGE on March 31, SK Hynix Plans to Issue New Shares for US ADR Listing

Crypto Morning Brief: EdgeX announces TGE on March 31; SK Hynix plans US ADR listing. US Senate's Clarity Act draft restricts stablecoin yield earnings, allowing only user-based rewards. Aave V4 mainnet activation proposal passes Snapshot vote. Balancer Labs to shut down, transitioning to DAO structure. MicroStrategy adds 1,031 BTC, now holds 762,099 BTC total. Bitmine increases ETH holdings by 65,341, totaling 4.66 million ETH. Early Kalshi employees raise VC fund for prediction markets; ParaFi closes $125M new fund. Market updates include Middle East tensions, with US targeting April 9 as potential war end date. Recommended readings discuss token naming debates, gold's price drop, oil-gold divergence, Iran conflict impact, and AI agent performance linked to token usage.

marsbit03/24 01:16

Crypto Morning Brief: edgeX to Conduct TGE on March 31, SK Hynix Plans to Issue New Shares for US ADR Listing

marsbit03/24 01:16

Ethereum Goes Institutional With Yield, Unlocking New Earning Opportunities

Ethereum is gaining significant institutional traction as a yield-generating asset, moving beyond mere price appreciation. Major firms can now earn rewards directly on-chain mechanisms, marking a shift from a settlement layer to a developed financial ecosystem. Ethereum leads in Total Value Locked (TVL) with over $298.8 billion. BlackRock's launch of an ETH staking ETP further accelerated this trend, with a large percentage of ETH now locked in staking, generating yield for Traditional Finance. Bitmine Immersion exemplifies this shift, staking over 70% of its ETH treasury (3.135 million ETH) to target $280 million in annual yield, highlighting institutional allocation strategies.

bitcoinist03/23 20:31

Ethereum Goes Institutional With Yield, Unlocking New Earning Opportunities

bitcoinist03/23 20:31

Whoever Defines Token Holds the Minting Power in the AI Era

The article discusses the intense debate in China over the Chinese translation of "Token," a fundamental unit in AI and computing. Previously an obscure technical term, Token has become economically significant as it is now used in cloud service billing, AI model revenue metrics, and national AI industry statistics. With China's daily Token consumption soaring, the naming contest has attracted various stakeholders. Proposals include "智元" (intelligence unit), promoted by an AI media company for brand alignment; "模元" (model unit), emphasizing model ownership; and "符元" (symbol unit), a technically accurate but less popular term. The academic translation "词元" (word unit), established in 2021, is now overlooked due to Token's newfound economic value. The author argues that naming Token is not merely a linguistic issue but a struggle for narrative control and economic influence, akin to minting currency in the AI era. The piece highlights that whoever defines Token shapes the industry's future direction and financial flows.

比推03/23 14:28

Whoever Defines Token Holds the Minting Power in the AI Era

比推03/23 14:28

Theft Is Just the Beginning: The Slow Collapse Behind Cyber Attacks

The article "Theft Is Just the Beginning: The Slow Collapse Behind Hacker Attacks" discusses the long-term impacts of cryptocurrency hacks beyond the initial financial loss. Based on Immunefi’s "2026 On-Chain Security Report," the analysis reveals that while attacks themselves are swift, the aftermath unfolds over months, causing prolonged damage such as declining token prices, reduced funding, halted hiring, and delayed development. Key findings include: - The median direct loss per attack is around $25 million, but tokens experience a median drop of 61% within six months, with 16% recovering to pre-attack levels. - Although the number of attacks remains steady (94 in 2024, 97 in 2025), the concentration of losses is alarming: the top five attacks accounted for 62% of total stolen funds. - Centralized platforms, though fewer in attack frequency, represent over half of the financial losses, highlighting persistent vulnerabilities in trusted intermediaries. The report emphasizes that the true crisis begins after the theft—projects face extended recovery periods, reputational harm, and operational disruption, making survival particularly challenging for less-resourced teams. The interconnected nature of DeFi ecosystems further amplifies risks, as single incidents can trigger broader market repercussions. Ultimately, the article underscores that resilience is not just about preventing hacks but enduring their prolonged secondary effects.

比推03/23 14:25

Theft Is Just the Beginning: The Slow Collapse Behind Cyber Attacks

比推03/23 14:25

ZachXBT Exposes Crypto Scams Exploiting Iran War Narrative to Target Users

ZachXBT has exposed a coordinated crypto scam campaign exploiting the Iran war narrative to target users globally. Scammers are leveraging breaking news through phishing attacks, fake websites, and social media impersonation to steal credentials. These attacks use fear-based stories and impersonate trusted services to manipulate users into making impulsive decisions without verification. The investigation highlights that scammers constantly update their tactics to capitalize on geopolitical events, misinformation, and emotional investment decisions. ZachXBT urges users to verify sources, avoid suspicious links, and use authentic platforms to mitigate risks amid rising global crypto scams.

TheNewsCrypto03/23 12:56

ZachXBT Exposes Crypto Scams Exploiting Iran War Narrative to Target Users

TheNewsCrypto03/23 12:56

Stablecoins Seen Powering Future AI-Driven Machine Payments

Bernstein analysts highlight the growing potential for stablecoins, particularly USDC through the collaboration of Circle and Coinbase, to power future AI-driven machine payments. These transactions are fully automated, programmatic, and executed by software or autonomous devices without human intervention. Stablecoins are deemed ideal for this use case due to their programmability, speed, micro-payment capability, and global accessibility. They enable real-time decision-making, instant settlements, and eliminate the need for traditional banking infrastructure like SWIFT or FX conversion. Companies such as Coinbase, Circle, and Stripe are already developing infrastructure to support these agentic payments, with early protocols showing initial transaction volumes. This represents a significant future growth driver for stablecoins.

TheNewsCrypto03/23 12:45

Stablecoins Seen Powering Future AI-Driven Machine Payments