Articles for category: Crypto

September 21, 2025

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YZi Labs Boosts Investment in Ethena, Paving the Way for USDe’s Expansion

In a strategic move to enhance its influence in the stablecoin sector, YZi Labs, a venture capital firm with a technology focus, has increased its investment in Ethena, the issuer of the stablecoin USDe. This infusion of capital aims to accelerate the adoption of the digital dollar across both decentralized and centralized platforms. The latest investment is particularly geared towards expanding the presence of USDe on the BNB Chain, allowing Ethena to further develop its USDtb stablecoin, as well as its institutional settlement layer known as “Converge.” According to a statement released by YZi Labs, the support will facilitate the

September 21, 2025

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Kalshi Dominates Prediction Market Volume as U.S. Trading Activity Intensifies

In a striking development within the prediction market sphere, Kalshi has taken a commanding lead over its primary competitor, Polymarket. Recent data indicates that from September 11 to 17, Kalshi secured an impressive 62% of the total trading volume in on-chain prediction markets. This surge comes amid a broader increase in trading activities across the United States. According to figures provided by Dune Analytics, Kalshi’s weekly trading volume exceeded $500 million. In contrast, Polymarket recorded a total volume of $430 million within the same timeframe, illustrating the growing preference for Kalshi among traders. Kalshi’s average open interest also showed a

September 20, 2025

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Internet Computer (ICP) Positions Itself as AI’s Blockchain Backbone

The Internet Computer (ICP), a prominent player in the blockchain arena, is making significant strides to establish itself as the preferred network for on-chain artificial intelligence (AI) applications. This ambitious direction aims to create a new technological framework where AI, rather than human developers, assumes the role of primary application creator. Dominic Williams, the founder of Dfinity, the organization behind the Internet Computer, shared his insights during a recent interview with CoinDesk. He emphasized that while current crypto market movements are largely influenced by factors such as liquidity and speculation, he believes the technology’s potential will eventually drive the markets

September 20, 2025

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Internet Computer (ICP) Ventures into AI-Driven Development

The Internet Computer (ICP), a blockchain initiative carving out its niche in the decentralized technology space, is making significant strides by positioning itself as the leading platform for on-chain artificial intelligence (AI) development. This ambitious move could mark the dawn of a revolutionary tech stack where AI takes center stage as the main builder of applications, according to Dominic Williams, founder of its developer, Dfinity. In a recent discussion with CoinDesk, Williams highlighted the notion that while current cryptocurrency markets are predominantly influenced by factors such as treasury management, liquidity movements, and speculation, the true value of blockchain technologies will

September 20, 2025

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Analyst Predicts Crypto Surge Post Treasury’s $850 Billion Fund Goal

In a recent analysis, Arthur Hayes, the co-founder of BitMEX, projected that the cryptocurrency markets are poised for a significant rally once the United States Treasury successfully fulfills its target of $850 billion in its General Account (TGA). As of Friday, the balance of the TGA has exceeded $807 billion, prompting Hayes to express optimism about the return of liquidity to financial markets. Hayes emphasized that when the TGA funds are being allocated to the General Account, they typically remain inactive and do not circulate within the private markets. He indicated that once the Treasury achieves its goal and completes

September 20, 2025

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Analyst Predicts Crypto Surge as US Treasury Nears $850 Billion Target

According to Arthur Hayes, co-founder of the BitMEX crypto exchange, the cryptocurrency market is poised to enter a “up-only” phase once the U.S. Treasury achieves its objective of filling the General Account (TGA) to $850 billion. As of Friday, the Treasury’s account balance had already surpassed $807 billion, signaling that the goal is within reach. Hayes noted that the completion of this liquidity drain could pave the way for renewed capital flow into the markets. He explained that when the Treasury is accumulating funds in its General Account, these assets are usually withheld from circulation in private markets, limiting liquidity.

September 20, 2025

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Solana Co-Founder Urges Bitcoin to Fortify Against Potential Quantum Computing Risks by 2030

In a recent address at the All-In Summit 2025, Anatoly Yakovenko, co-founder of Solana, highlighted a pressing concern for the Bitcoin network regarding the future threat posed by quantum computing. Yakovenko posited that developers need to start planning for significant upgrades to Bitcoin’s security infrastructure to counteract potential vulnerabilities emerging from advancements in quantum technology. Yakovenko stated that there exists a “50/50” chance that by 2030, quantum computers could achieve the capability to compromise Bitcoin’s existing cryptographic defenses, particularly those protecting user wallets. “We should migrate Bitcoin to a quantum-resistant signature scheme,” he urged, emphasizing the urgency of this transformation.

September 20, 2025

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Analyst Predicts Bitcoin Emergence Amid Financial Reset

As the global financial landscape appears set for a significant shift, market analyst Jordi Visser asserts that Bitcoin (BTC) is primed for increased value and adoption, regardless of the macroeconomic conditions that may emerge in the years to come. This perspective, presented during an interview with Anthony Pompliano on “The Pomp Podcast,” accentuates the prevailing sentiment of disillusionment with traditional financial institutions. Visser, who is known for his insights into market dynamics, points out a growing lack of trust among individuals towards institutions such as banks, governments, and even their employers. He articulates that as confidence in these legacy systems

September 20, 2025

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Bitcoin Mining Difficulty Reaches Unprecedented Heights as Hashrate Surges

The Bitcoin (BTC) mining landscape continues to evolve, with the mining difficulty reaching a staggering new peak of 142.3 trillion on Friday, marking a historical high for the cryptocurrency. This increase comes on the heels of a striking series of successive all-time highs recorded in both August and September, fueled by a surge in computing power deployed by miners. According to data from CryptoQuant, the hashrate—the total computing power supporting the Bitcoin network—also achieved an impressive milestone, surpassing 1.1 trillion hashes per second. This tandem rise in mining difficulty and hashrate underscores a landscape that is becoming increasingly competitive. However,

September 20, 2025

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Circle Launches USDC on Hyperliquid’s HyperEVM, Capitalizing on Market Dynamics

In a strategic move within the decentralized finance (DeFi) landscape, Circle, the issuer of the USDC stablecoin, has unveiled its native USDC on Hyperliquid’s HyperEVM Layer 1 blockchain. This integration was announced on September 16, just days after a significant governance vote surrounding the USDH stablecoin, indicating Circle’s intent to solidify its presence in the emerging ecosystem. The timing of the launch coincides with a notable transaction where a Circle-associated wallet acquired $4.6 million in HYPE, the native token of the Hyperliquid protocol, while conducting tests on USDC’s functionality on HyperEVM. This swift action highlights Circle’s proactive approach to competing