# Сопутствующие статьи по теме DeFi

Новостной центр HTX предлагает последние статьи и углубленный анализ по "DeFi", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

‘National security’ at stake – Why U.S. stablecoin rewards face a China test

Crypto industry leaders are framing stablecoin rewards as a "national security" issue following China's plan to offer yield on its digital yuan to drive adoption. U.S. banks, through the Bank Policy Institute, advocate banning such rewards, warning of potential capital flight from traditional banks, reduced deposits, and negative impacts on lending. Crypto supporters, including Coinbase CEO Brian Armstrong, argue that banks fear competition and that stablecoins are crucial for maintaining U.S. dollar dominance globally. They warn that restricting rewards could hand a strategic advantage to China and other rivals. The stablecoin market has grown significantly since the passage of the GENIUS Act, with increasing demand for yield-bearing products.

ambcrypto12/31 11:20

‘National security’ at stake – Why U.S. stablecoin rewards face a China test

ambcrypto12/31 11:20

2026 Investment Outlook: Asset On-Chain, Intelligence, and Privacy | OKX Annual Review

Looking ahead to 2026, the crypto industry is shifting from infrastructure development to a new era of "Kinetic Finance," where the efficiency of asset movement and capital utilization takes center stage. Three core transformations are expected to drive growth: 1. **Asset Evolution**: Real-World Assets (RWA) are transitioning from simple on-chain representations to a global, 24/7 settlement layer. Tokenized U.S. Treasuries and equities are leading this shift, enhancing capital efficiency and enabling instant (T+0) settlements. 2. **Agent-Driven Economy**: AI agents are becoming primary actors in crypto, autonomously executing trades and optimizing yields. DeFi protocols are evolving into financial APIs for AI, enabling machine-to-machine (M2M) payments and reducing interaction costs significantly. 3. **Regulatory and Privacy Infrastructure**: Compliance is being embedded into smart contracts, enabling privacy-preserving transactions for institutions without sacrificing regulatory oversight. Technologies like zkML and TEEs are critical for balancing transparency and confidentiality. Key trends include the rise of RWA 2.0 with layered liquidity solutions, stablecoins surpassing traditional payment networks in settlement volume, and AI agents leveraging verifiable on-chain data for world model training. Institutional adoption is accelerating, with crypto now seen as a macro hedge tool, driving demand for structured products and privacy-enhanced execution venues. DeFi is evolving into intent-centric, autonomous systems where capital actively seeks yield, shifting focus from TVL to value velocity. Prediction markets are emerging as high-resolution information oracles, with embedded models and regulatory innovation shaping their growth. OKX Ventures emphasizes investments in projects that enhance liquidity, transparency, and sustainability across these domains, supporting the transition from on-chain asset representation to a fully on-chain economy.

marsbit12/31 10:46

2026 Investment Outlook: Asset On-Chain, Intelligence, and Privacy | OKX Annual Review

marsbit12/31 10:46

Crypto Hack Losses Jump 46% in 2025: SlowMist Report

In 2025, crypto hack losses surged by 46% to $2.935 billion compared to $2.013 billion in 2024, despite a significant drop in the number of incidents from 410 to 200. The DeFi sector remained the most targeted, with 126 security incidents resulting in $649 million in losses. A major hack on centralized exchange Bybit alone accounted for $1.46 billion of the total $1.809 billion lost in CEX breaches. Phishing attacks became more sophisticated and harder to detect. Notably, $387 million of the stolen funds were recovered or frozen across 18 incidents.

TheNewsCrypto12/31 09:24

Crypto Hack Losses Jump 46% in 2025: SlowMist Report

TheNewsCrypto12/31 09:24

AI and Privacy Double Breakout! Huobi HTX New Assets Weekly Review (12.22—12.28): ZBT +127%, PAYAI +103%, Multiple Sectors Show Strong Rebound

In the final week of 2025, the cryptocurrency market saw a broad recovery across multiple sectors, including AI, privacy, and meme tokens, driven by positive macro sentiment and holiday trading activity. On Huobi HTX, several assets recorded significant gains from December 22 to 28. ZBT (Zerobase), a privacy-focused infrastructure project, led with a 127% increase. The AI narrative regained momentum with PAYAI (PayAI Network) rising 103% and SQD (Subsquid) up 114%, partly due to the launch of Coinbase’s x402 V2 payment protocol supporting multi-chain transactions. ZEC (Zcash), a established privacy coin, also climbed 22%. Meme tokens showed seasonal strength, with DONKEY (BSC-based, +21%), MYRO (Solana-based, +29%), and HIPPO (Sui-based, +33%) all posting gains. Other notable performers included DeFi and L1 assets: 0G (Zero Gravity, +38%), SPK (Spark, +17%), and XPL (Plasma, +25%). Huobi HTX highlighted its early support for these trending assets, enabling users to capture opportunities as the crypto market continues its structured recovery.

marsbit12/31 06:40

AI and Privacy Double Breakout! Huobi HTX New Assets Weekly Review (12.22—12.28): ZBT +127%, PAYAI +103%, Multiple Sectors Show Strong Rebound

marsbit12/31 06:40

Vitalik May Not Realize That Ethereum's Transition to PoS Actually Buried a Financial 'Hidden Bomb'

After transitioning from Proof-of-Work (PoW) to Proof-of-Stake (PoS), Ethereum introduced staking rewards for ETH, creating a "maturity mismatch" arbitrage opportunity with Liquid Staking Tokens (LSTs) and Liquid Restaking Tokens (LRTs). This led to leveraged lending, recursive borrowing, and yield arbitrage on platforms like Aave, becoming a major DeFi use case—similar to traditional finance’s reliance on arbitrage. However, this arbitrage does not generate additional liquidity or value for the Ethereum ecosystem. Instead, it creates persistent selling pressure, as institutions cash out their staking rewards. This dynamic forms a delicate balance between sell pressure, ETH buy demand, and deflationary mechanisms. Unlike traditional banking, where maturity mismatch helps transform savings into productive capital (e.g., long-term loans funding economic growth), DeFi’s version is purely speculative. Institutions engage in recursive staking—staking ETH via Lido to get stETH, using it as collateral on Aave to borrow more ETH, and repeating the process—amplifying staking yields without contributing to real economic activity or dApp development. This套利套利behavior essentially exploits Ethereum’s security budget. With over 34 million ETH staked—far exceeding the estimated 15 million needed to resist state-level attacks—the network experiences "excess security." Post-Dencun upgrade, with reduced gas fees and renewed ETH inflation, the selling pressure from staking rewards structurally suppresses ETH’s price. ETH’s staking yield, currently around 2.5%, trails behind U.S. Treasury yields, making ETH a less attractive asset institutionally. The rise of Real-World Assets (RWA) on-chain could create external demand, potentially boosting ETH’s value, but for now, the PoS shift has turned ETH into a perpetual bond with negative yield spread versus Treasuries, posing a financial risk rather than fostering organic growth.

marsbit12/31 04:23

Vitalik May Not Realize That Ethereum's Transition to PoS Actually Buried a Financial 'Hidden Bomb'

marsbit12/31 04:23

What The XRP Ledger Achieved In 2025 And What Must Improve In 2026

The XRP Ledger (XRPL) made significant progress in 2025, particularly in the development of smart contracts, which reached an alpha test net stage, allowing developers to actively deploy and experiment. Interoperability advanced with the integration of Wormhole and Axelar, enabling bridged yield-bearing assets. Tokenization also saw strength with the launch of RLUSD and other stablecoins. However, DeFi activity declined after a strong start with meme coins, though baseline DEX activity remained higher than previous levels. The app layer improved but lacked a breakout application. For 2026, key improvements are needed. Builders emphasize the urgency of implementing batch transactions and sponsored fees to reduce user friction and enable mass onboarding. Enhancing DEX and AMM liquidity is critical, as is attracting more quality assets, especially real-world assets (RWAs) like yield-bearing stablecoins and tokenized stocks. There is a strong call for a serious incentive and grant program from the XRPL Foundation to fund developers, improve tools, and support consumer apps that can scale beyond the core community and attract millions of users.

bitcoinist12/31 00:07

What The XRP Ledger Achieved In 2025 And What Must Improve In 2026

bitcoinist12/31 00:07

RWAs become DeFi’s fifth-largest sector – Assessing the $17B rise

RWA (Real-World Assets) tokenization has become DeFi's fifth-largest sector by total value locked (TVL), surging to over $17 billion after starting the year outside the top ten. The market is increasingly dominated by a few major protocols, including Tether Gold, Securitize, Paxos Gold, Circle’s USYC, and Ondo, while Ethereum hosts more than $12 billion of RWA value, reasserting its dominance after briefly losing share to newer chains. According to CoinGecko, RWAs were the top-performing crypto narrative of 2025, delivering 185.8% year-to-date returns—far outpacing other sectors. Key performers included Keeta Network, Zebec, and Maple Finance. Gold-backed tokens like Tether Gold ($2.29B) and Paxos Gold ($1.6B) lead the sector, valued for their redeemability, attestations, custody, and liquidity. Tokenized equities have also scaled rapidly, reaching a new all-time high market cap of over $1.2 billion.

ambcrypto12/30 22:14

RWAs become DeFi’s fifth-largest sector – Assessing the $17B rise

ambcrypto12/30 22:14

Grayscale Points to Zcash Among Six Privacy Coins to Watch

Grayscale's Q4 2025 report highlights six top-performing privacy-focused cryptocurrencies: Zcash, Monero, Dash, Decred, Basic Attention Token, and Beldex. Zcash led not only the privacy segment but the entire Top 20 assets tracked. The Shield Pool, a core privacy feature of Zcash, reached a record high with over 5 million ZEC (30% of supply) locked, indicating strong holder confidence despite price volatility. ZEC’s price rebounded over 70% in December, reinforcing its privacy value proposition. Institutional interest is shifting toward privacy assets amid growing data breach scandals. Grayscale forecasts continued growth in 2026, driven by integration with DeFi and Web3 applications.

TheNewsCrypto12/30 20:25

Grayscale Points to Zcash Among Six Privacy Coins to Watch

TheNewsCrypto12/30 20:25

Dragonfly’s Haseeb Qureshi Unveils His Crypto Predictions For 2026

Dragonfly partner Haseeb Qureshi shared his 2026 crypto predictions, expecting surprises both positive and negative. He forecasts Bitcoin exceeding $150K by year-end, but with decreasing dominance, and a moderate altcoin rebound without a true "alt season." He anticipates underperformance from newer fintech chains like Tempo and Robinhood Chain, while Ethereum and Solana overdeliver. More Fortune 100 companies, especially in banking, will launch blockchains, with Avalanche and modular stacks like OP and ZK standing out. A major tech firm may launch or acquire a crypto wallet. In DeFi, perp DEXs will consolidate around three major venues, and equity perps will grow significantly. Stablecoin supply will expand by ~60%, with USD remaining dominant, though USDT's share may drop to ~55%. Stablecoin-backed cards will see explosive growth, especially in emerging markets. US crypto legislation may pass after negotiations, but with industry buyer’s remorse. Prediction markets will grow rapidly, led by Polymarket, while most competitors fail. AI use in crypto will remain limited to engineering and security, with no meaningful agent-to-agent payments. Privacy solutions like Zcash may see some adoption, but overall, 2026 will largely continue existing trends.

bitcoinist12/30 14:39

Dragonfly’s Haseeb Qureshi Unveils His Crypto Predictions For 2026

bitcoinist12/30 14:39

2025 Global Crypto Regulatory Map: The Dawn of the Co-optation Era, The Year Crypto and TradFi Converged

The year 2025 marks a pivotal turning point for global crypto regulation, shifting from a period of "wild growth" to the beginning of an era of institutional "incorporation." This transition is characterized by a fundamental change in regulatory logic across major economies, moving crypto from the fringes into the mainstream financial system. In the U.S., a significant policy reversal occurred with the new administration. The SEC ended its aggressive enforcement-based approach under new leadership, and the passage of the GENIUS Act established a federal framework for stablecoins, granting holders priority claims in case of issuer bankruptcy. The U.S. also officially recognized Bitcoin as a strategic national asset. The EU fully implemented its MiCA framework, creating a unified regulatory landscape with high compliance costs that forced smaller players out of the market. It also exhibited "monetary protectionism" by imposing strict limits on non-euro stablecoins. Hong Kong adopted an aggressive strategy, enacting its Stablecoin Ordinance and positioning itself as a hub for institutional-grade asset clearing and RWA tokenization, creating a unique bridge between Chinese and international capital. Japan signaled a major shift by proposing to drastically reduce crypto taxation from 55% to 20%, aligning it with stocks, in an effort to reclaim its position in Asian crypto finance. The overarching theme of 2025 is "incorporation." Regulators are no longer trying to eliminate crypto but are instead systematically integrating it into the existing financial landscape under clear, auditable rules. This has triggered a massive reshuffling in the stablecoin sector, which sits at the intersection of Crypto and TradFi (Traditional Finance). The market is splitting into compliant, "whitelisted" stablecoins for payments and a parallel ecosystem of crypto-native stablecoins focused on decentralization. The conclusion is clear: compliance is not the end goal but a necessary gateway for Web3 to access trillion-dollar markets. The key challenge for participants is to discern between temporary noise and the foundational changes that will shape the future.

marsbit12/30 14:00

2025 Global Crypto Regulatory Map: The Dawn of the Co-optation Era, The Year Crypto and TradFi Converged