# Сопутствующие статьи по теме privacy

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

Arthur Hayes' Latest Podcast: Got the Script for Next Year, Already Fired 90% of the Bullets

In his latest podcast, Arthur Hayes, co-founder of BitMEX, shares his macro outlook and investment strategy for the coming year. He argues that the market is waiting for a form of quantitative easing (QE) that will never be explicitly announced. Instead, the Federal Reserve will use new tools like "Reserve Management Purchases" (RMP) to inject liquidity by buying short-term Treasury bills, effectively achieving the same stimulative effect as QE without using the politically toxic term. Hayes believes the market will initially misunderstand RMP but will eventually recognize it as money printing, leading to a significant asset price rebound starting in early 2025, with potential volatility around March before a sustained uptrend. Hayes reveals his fund, Maelstrom, is nearly fully invested, with 90% of capital deployed, and remains confident even if Bitcoin drops below $80,000. He highlights Ethena (ENA) as one of his most successful altcoin bets due to its capture of interest rate dynamics, and is bullish on privacy and zero-knowledge (ZK) projects like Zcash for the next cycle, despite regulatory hurdles that limit exchange listings. He cautions against shorting AI-related stocks like NVIDIA and emphasizes that the U.S. administration will prioritize low rates and financial market growth to sustain the AI-driven economy, regardless of who leads the Fed. Hayes maintains his long-term Bitcoin target of $250,000 by 2026, warns against the overuse of leverage, and dismisses the notion that market makers are manipulating prices. He concludes that "altcoin seasons" are constant but require adapting to new narratives rather than clinging to past cycles.

marsbit12/20 02:21

Arthur Hayes' Latest Podcast: Got the Script for Next Year, Already Fired 90% of the Bullets

marsbit12/20 02:21

Arthur Hayes' Latest Podcast: Got the Script for Next Year, Already Fired 90% of the Bullets

Arthur Hayes, co-founder of BitMEX, shares his macro outlook and investment strategy in a recent podcast. He argues that the market is waiting for a "magic word like QE" from the Fed, but it won't come in its traditional form. Instead, he predicts a rebranded version of money printing called "Reserve Management Purchases" (RMP) will provide liquidity, with its full impact being recognized by the market around March next year, leading to a significant asset price recovery. Hayes is heavily invested, having deployed 90% of his capital, and remains confident in Bitcoin's long-term rise, reiterating a $250,000 price target for 2026. He warns against shorting AI-related stocks like NVIDIA, calling it a trap. For altcoins, he sees the next major narrative in privacy and ZK technologies, with Zcash (ZEC) as a current holding, though he acknowledges regulatory hurdles for privacy coins. He highlights Ethena (ENA) as one of his most successful and confident bets, expecting a sharp rally as monetary conditions ease. Hayes dismisses the idea that "altseason" is missing, stating it's always happening with new trends, and criticizes those who are too risk-averse to participate. The most dangerous macro narrative, in his view, is the belief that central banks will tighten policy. His key advice is to avoid excessive leverage and stop blaming market makers for price movements.

Odaily星球日报12/20 02:15

Arthur Hayes' Latest Podcast: Got the Script for Next Year, Already Fired 90% of the Bullets

Odaily星球日报12/20 02:15

UNI Burn Proposal Voting, Lighter TGE Expectations: A Look at Major Ecosystem Movements

In the past 24 hours, the crypto market saw significant developments across multiple sectors. Key discussions revolved around Uniswap's final voting phase for the "Unification" proposal, which includes burning 100 million UNI and activating fee mechanisms, raising debates on governance alignment and value capture. Lido’s low market cap despite high TVL sparked conversations about governance token valuation challenges. CZ highlighted privacy concerns in crypto payments, amplifying discussions on transactional transparency. Solana ecosystem attracted attention with energy company Fuse Energy entering DePIN, signaling real-world adoption. Ethereum witnessed shifting DEX fee dynamics, with Curve gaining ground against Uniswap, while ERC-8004 for trustless AI agents advanced toward mainnet launch. Perp DEX projects like Lighter faced TGE timing uncertainties, and Hyperliquid’s $1 billion回购 strategy triggered debates on balancing buybacks with growth investments. Infrastructure updates included MegaETH opening its mainnet for developers, and traditional finance integration accelerated with SoFi Bank launching SoFiUSD—the first nationally chartered U.S. bank-issued stablecoin. Visa’s stablecoin settlement pilot reached a $3.5 billion annualized volume, and PayPal’s PYUSD partnered with USDAI to enhance interoperability. These movements highlight ongoing convergence between crypto and traditional finance, alongside evolving DeFi economic models and privacy needs.

marsbit12/19 06:57

UNI Burn Proposal Voting, Lighter TGE Expectations: A Look at Major Ecosystem Movements

marsbit12/19 06:57

Dialogue with Gate Founder Han Lin: Optimistic About 2026, and Why He Believes 'We Won't Return to a Deep Bear Market'

In a recent interview, Gate.io founder Lin Han shared his optimistic outlook on the crypto market, macroeconomic trends, and the evolving regulatory and technological landscape. He argued that the market is unlikely to return to a severe bear phase, citing strong macroeconomic conditions, expected monetary easing, and sustained institutional interest. While acknowledging potential risks like an AI sector correction, he emphasized that AI's tangible applications differentiate it from past tech bubbles. Han discussed the minimal impact of the recent October 11 market crash, attributing market resilience to ample stablecoin liquidity. He highlighted the industry-wide adoption of Proof of Reserves (PoR) post-FTX, advocating for enhanced methods incorporating zero-knowledge proofs and third-party audits. On emerging trends, he noted the resurgence of privacy-focused protocols like Zcash and the rapid growth of Perpetual DEXs (e.g., Hyperliquid), driven by improved blockchain infrastructure, lower costs, and better wallet experiences. He anticipates increased regulatory scrutiny on DeFi platforms in the future. Regarding Gate.io's strategy, Han emphasized a dual focus: expanding its Web3 ecosystem, as user activity migrates on-chain, and strengthening its global compliant exchanges, including its recently launched U.S. platform. He ruled out aggressive layoffs, reflecting Gate's consistent operational approach, and expressed long-term ambitions for a public listing following continued compliance efforts. He dismissed DATs (Digital Asset Trusts) as unsustainable and commented on the challenges of new stablecoin issuance due to strong network effects favoring incumbents like USDT. Finally, he addressed market manipulation concerns, noting improved exchange risk controls, and defended Gate's remote-work culture as aligned with the fast-paced, global nature of the crypto industry.

marsbit12/19 05:14

Dialogue with Gate Founder Han Lin: Optimistic About 2026, and Why He Believes 'We Won't Return to a Deep Bear Market'

marsbit12/19 05:14

From Doubao Dispute to Big Tech Game: Decoding the Legal Compliance Dilemma of AI Phones

"From Doubao Controversy to Tech Giant Standoff: Decoding the Legal Compliance Dilemma of AI Phones" A recent user experience with AI-powered smartphones has triggered significant tension between AI developers and major internet platforms. Certain phones equipped with AI assistants, when attempting to perform automated actions like sending WeChat red packets or placing e-commerce orders via voice commands, were flagged by platforms for "suspected use of third-party plugins," leading to risk warnings and even account restrictions. This incident, while appearing to be a technical compatibility issue, reveals a deeper structural conflict over "who has the right to operate the phone and control user access." On one side are smartphone manufacturers and AI teams aiming to deeply integrate AI into operating systems for "seamless interaction." On the other are internet platforms whose business models rely on controlling app entry points, user pathways, and data ecosystems. This clash represents a fundamental challenge to the "walled garden" business model central to platforms like Tencent and Alibaba. The system-level AI assistant threatens this model in three key ways: it bypasses the need to click app icons (undermining ad revenue and user attention economies), potentially accesses platform data and content without formal interfaces (a "free-riding" concern), and shifts the role of "gatekeeper" for traffic distribution away from the super apps themselves. From a legal perspective, this conflict highlights four major risk areas: 1. **Competition Law:** AI's "simulated clicks" could be deemed unauthorized interference with software operation, potentially constituting unfair competition if they skip ads or bypass verification steps. 2. **Data Security:** For the AI to "see" screen content and execute commands, it processes sensitive personal data (chats, account info), raising significant questions under China's Personal Information Protection Law regarding valid user consent and the "minimum necessity" principle. 3. **Antitrust Issues:** Future disputes may center on whether dominant platforms, arguably essential facilities, can justifiably refuse AI access, or if such refusal constitutes an abuse of market power that stifles innovation. 4. **User Liability:** Questions arise regarding who is responsible if the AI makes an error (e.g., buys the wrong product) or if a user's account is suspended due to AI activity, potentially leading to consumer claims against phone manufacturers. This friction underscores a transition from an app-centric internet to an AI-agent-driven experience. The current legal framework struggles to address the integration of general AI. The sustainable solution likely lies not in technical workarounds like "simulated clicks," but in developing standardized protocols for AI interaction, balancing innovation with clear legal and compliance boundaries.

深潮12/19 03:15

From Doubao Dispute to Big Tech Game: Decoding the Legal Compliance Dilemma of AI Phones

深潮12/19 03:15

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