# Сопутствующие статьи по теме Infrastructure

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

From Spring Festival Gala Robots to the Computing Power Energy War: Why Does China Hold the 'Trump Card' in the AI Era?

China's 2026 Spring Festival Gala showcased a breakthrough in embodied AI, featuring robots from companies like Magic Atom, Unitree, and Galaxy General performing complex tasks such as dancing, martial arts, and comedy. This demonstrated China's advanced progress in robotics and AI physical integration. Meanwhile, the U.S. faces an escalating energy crisis, with electricity prices rising 36% by early 2026. Training AI models like GPT-4 consumes power equivalent to 100,000 households annually, and U.S. data centers are projected to use 600,000 GWh by 2028. Aging infrastructure, fragmented grids, and lengthy approval processes for new transmission lines exacerbate the problem. In contrast, China has built a strategic advantage through decades of infrastructure investment. It operates 45 ultra-high-voltage (UHV) power transmission projects, spanning 40,000 kilometers, efficiently delivering clean energy from the west to eastern data centers. Renewable energy accounts for over 60% of China’s power capacity, with 40% of electricity coming from green sources. China also dominates transformer production, holding 60% of global capacity. While the U.S. excels in AI algorithms, China’s robust energy infrastructure—UHV grids, renewable energy, and manufacturing capacity—provides a foundational edge in the AI era, turning energy into a critical competitive asset.

marsbit02/22 02:27

From Spring Festival Gala Robots to the Computing Power Energy War: Why Does China Hold the 'Trump Card' in the AI Era?

marsbit02/22 02:27

Blockchain Partner: Crypto Assets Are Undergoing a Great Value Reassessment

The cryptocurrency industry is experiencing a paradox: while achieving unprecedented success in adoption and infrastructure, market sentiment remains deeply pessimistic due to a significant decoupling between utility and token prices. Key successes include record stablecoin transaction volumes ($33 trillion in 2025), widespread adoption of crypto-native applications like Polymarket and Phantom, and major traditional financial institutions implementing blockchain strategies. However, token prices have stagnated or declined, revealing a structural shift in value capture: economic value is increasingly accumulating at the application and distribution layers (e.g., wallets, exchanges, and companies like Coinbase and Tether) rather than at the infrastructure layer (L1s, L2s, protocols). This revaluation challenges long-held investment theses that assumed token holders would benefit directly from protocol-scale adoption. The article argues that controlling user relationships and distribution channels now dominates value capture, commoditizing underlying infrastructure. While tokens may evolve to better align with application-layer economics, the current market demands clearer, direct links between usage, revenue, and token value.

比推02/21 16:10

Blockchain Partner: Crypto Assets Are Undergoing a Great Value Reassessment

比推02/21 16:10

Blockchain Capital Partner: Crypto Assets Are Undergoing a Great Repricing

Despite achieving unprecedented success with record-breaking metrics—$33 trillion in stablecoin transaction volume, 3.2 billion retail transactions, and widespread adoption by major financial institutions and tech companies—the crypto industry is experiencing deep pessimism due to declining token prices. This divergence between fundamental success and market performance reflects a structural reassessment of where value accumulates. The core issue is a decoupling between product utility and token value. While infrastructure tokens (L1s, L2s, bridges, protocols) were expected to capture value, economic benefits are increasingly flowing to application-layer entities controlling user relationships and distribution—such as Phantom, Polymarket, Tether, and centralized exchanges like Coinbase. These players leverage routing power to commoditize underlying infrastructure, pushing value upward in the stack. This shift challenges long-held investment theses that assumed token holders would benefit directly from protocol-scale adoption. The market now demands explicit links between usage, revenue, and token value. While infrastructure remains relevant, tokens are evolving toward models that integrate application-layer economics or represent tokenized equity with cash-flow rights. The industry is transitioning from speculation and validation to a focus on sustainable value capture, where success requires not just building useful products but ensuring economic rewards align with contributions.

marsbit02/21 07:25

Blockchain Capital Partner: Crypto Assets Are Undergoing a Great Repricing

marsbit02/21 07:25

Europe sets digital euro roadmap: Is a 2029 rollout now likely?

The European Central Bank (ECB) is advancing its plans for a digital euro with a clear roadmap toward a potential 2029 rollout. Executive Board member Piero Cipollone announced that the ECB will begin selecting payment service providers in early 2026, followed by a 12-month trial starting in the second half of 2027. The trial will involve a limited group of providers, merchants, and Eurosystem staff. EU-licensed payment service providers will be central to the distribution model, gaining experience in user onboarding, settlements, and liquidity management before any wider launch. The digital euro will integrate with existing wallets and cards, avoiding the need for entirely new systems. It aims to reduce costs for banks, payment providers, and merchants by capping fees and eliminating certain processing charges. The digital euro will operate on a shared European acceptance network, enabling private providers to offer services across the region without building separate infrastructure. Cipollone emphasized that the digital euro could help rebalance the dominance of global card networks like Visa and Mastercard, strengthen local payment systems, and favor domestic payment schemes. The initiative is also seen as a response to competition from private platforms and stablecoins.

ambcrypto02/19 22:03

Europe sets digital euro roadmap: Is a 2029 rollout now likely?

ambcrypto02/19 22:03

Hyperliquid Launches DeFi Lobby in Washington

Hyperliquid has launched the Hyperliquid Policy Center in Washington, D.C., a new advocacy organization focused on decentralized finance (DeFi) policy. Led by CEO Jake Chervinsky, formerly of Variant and the Blockchain Association, the center aims to shape U.S. crypto regulation at a critical legislative moment. It will advocate for clear regulatory pathways for DeFi innovation, with a specific focus on perpetual derivatives and blockchain-based financial infrastructure. The Hyper Foundation, supporting Hyperliquid, has contributed 1 million HYPE tokens to fund the initiative. Chervinsky emphasized that decentralized technology offers superior efficiency and transparency and warned that the U.S. risks losing innovation leadership without thoughtful regulation. Hyperliquid CEO Jeff Yan described the current policy environment as pivotal and stressed the need for a unified industry voice. The founding team includes experienced policy professionals from the crypto and legal sectors. The move reflects a growing trend of crypto firms investing in lobbying as regulatory debates intensify, particularly around market structure laws and stablecoin provisions in Congress.

TheNewsCrypto02/19 06:53

Hyperliquid Launches DeFi Lobby in Washington

TheNewsCrypto02/19 06:53

A new, unified stack for Base: What’s changing and why it matters

Base is transitioning from the OP Stack to a new, unified, Base-operated stack to gain greater control over its software lifecycle. This shift, occurring over the coming months, will centralize its code and releases into a single repository (base/base). Node operators must now follow Base's own, faster release schedule instead of Optimism's. While Base will continue collaborating with Optimism as an OP Enterprise client, the move aims to accelerate innovation, improve scaling, and strengthen security by reducing external dependencies. The change reflects a broader trend of maturing L2 networks seeking tighter operational control for more rapid and reliable upgrades.

ambcrypto02/18 18:26

A new, unified stack for Base: What’s changing and why it matters

ambcrypto02/18 18:26

When AI Reshapes the Shopping Journey, How Much Time Does PayPal Have Left?

PayPal's recent $200 million acquisition of Cymbio signals a strategic pivot to remain relevant in the emerging era of "Agentic Commerce," where AI agents increasingly handle product discovery, decision-making, and purchasing on behalf of users. This move aims to transform PayPal from a Web2 payment button into an embedded infrastructure layer within AI-driven commercial workflows, covering discovery, checkout, and fulfillment. The competitive landscape is rapidly evolving: Google and Shopify are developing the Universal Commerce Protocol (UCP) to control the routing layer, while OpenAI and Stripe are advancing the Agentic Commerce Protocol (ACP) to enable AI agents to execute transactions. Stripe, in particular, is positioning itself as the default "action layer" for AI commerce, mirroring its success as the internet’s payment API. Major forecasts suggest Agentic Commerce could capture $1 trillion in U.S. retail sales by 2030, representing up to one-third of online retail. For PayPal, Stripe, and other fintech players, the challenge is to embed themselves into these new protocol-based ecosystems—or risk being sidelined. Banks retain advantages in clearing and compliance but must adapt quickly, while crypto remains largely absent from current frameworks, presenting both a risk and potential opportunity. PayPal’s acquisition is less an offensive move than a necessary bid to maintain its seat at the table.

marsbit02/18 12:38

When AI Reshapes the Shopping Journey, How Much Time Does PayPal Have Left?

marsbit02/18 12:38

Centrifuge and Pharos Partner to Expand Onchain Access for Institutional Assets

Centrifuge and Pharos have partnered to enhance the distribution and usability of institutional-grade onchain assets, such as tokenized U.S. Treasuries (JTRSY) and AAA-rated structured credit products (JAAA). The collaboration addresses key challenges in institutional onchain finance, including fragmented distribution, regulatory barriers, and limited post-issuance activity outside the U.S. and Western Europe. By integrating Centrifuge’s tokenization infrastructure with Pharos’ high-performance Layer 1 blockchain, the partnership aims to create a unified ecosystem for asset accessibility, liquidity, and execution. Both CEOs emphasize that tokenization alone is insufficient—the focus is on building robust infrastructure to enable active, composable financial systems for institutional assets.

TheNewsCrypto02/17 23:36

Centrifuge and Pharos Partner to Expand Onchain Access for Institutional Assets

TheNewsCrypto02/17 23:36

Fhenix Pushes Encrypted DeFi Forward with High-Performance FHE Infrastructure

Fhenix is advancing encrypted decentralized finance (DeFi) through its high-performance fully homomorphic encryption (FHE) infrastructure. Unlike traditional transparent blockchains, FHE enables data to remain encrypted during computation, preventing vulnerabilities like front-running and exploitation. Founder Guy Zyskind presented FHE as a more comprehensive privacy solution than zero-knowledge proofs or trusted execution environments, offering true encrypted execution. Key technical innovations include CoFHE, a recently deployed FHE coprocessor on Base that significantly boosts throughput—reportedly by up to 5,000 times—making on-chain FHE practical for real-world use. The fhEVM environment also allows Ethereum developers to integrate encryption into Solidity-based dApps with minimal changes. Fhenix’s stack, built on Arbitrum and secured via EigenLayer, supports verifiable encrypted computation and aims to serve use cases like confidential trading and asset tokenization. Notably, JP Morgan reportedly engaged Fhenix regarding tokenizing $1.5 trillion in assets, highlighting institutional demand for confidential infrastructure. The project also emphasizes FHE’s compatibility with post-quantum cryptography, future-proofing blockchain against quantum threats. Fhenix is positioning itself as essential infrastructure for confidential DeFi, turning selective secrecy into a competitive advantage.

TheNewsCrypto02/17 23:24

Fhenix Pushes Encrypted DeFi Forward with High-Performance FHE Infrastructure

TheNewsCrypto02/17 23:24

Centrifuge and Pharos Collaborate to Advance On-Chain Distribution Infrastructure for Institutional Assets

Centrifuge and Pharos have announced a collaboration to build shared on-chain infrastructure for the scalable distribution and operation of institutional-grade assets, including tokenized U.S. Treasuries (JTRSY) and AAA-rated structured credit products (JAAA). The partnership addresses a core challenge in institutional onchain finance: distribution. While tokenization has advanced significantly, many institutional assets remain siloed, inaccessible, or become inactive after issuance. A key issue is that access to dollar-denominated products like credit and Treasuries remains restricted in many markets outside the U.S. and Western Europe due to regulatory, operational, and custodial barriers. Even when tokenized, these assets are often distributed in a fragmented way, limiting their reach and usability within active on-chain financial systems. By integrating Centrifuge’s institutional tokenization infrastructure with Pharos’s “inclusive, execution-first” Layer 1 blockchain, the partnership aims to create a unified environment for asset distribution, liquidity, and continuous on-chain operation. Pharos will serve as a strategic liquidity and distribution layer for assets originated through Centrifuge, enabling deeper liquidity pathways and broader capital access. Centrifuge Labs CEO Bhaji Illuminati emphasized that “tokenization alone doesn’t solve accessibility and usability,” underscoring the need for distribution infrastructure. Pharos CEO Wish Wu noted that “the challenge isn’t demand—it’s infrastructure,” highlighting the goal of creating an environment where institutional assets can migrate on-chain and remain active within open, composable financial systems. This collaboration represents a step toward “operational onchain finance,” where tokenized assets are not only on-chain but also supported by infrastructure designed for distribution, execution, and sustained engagement.

marsbit02/17 13:08

Centrifuge and Pharos Collaborate to Advance On-Chain Distribution Infrastructure for Institutional Assets