Author: Thejaswini M A Translator: Block unicorn There is a pattern that repeatedly appears across various industries, eras, and markets. First, there is explosive growth. Countless products emerge like mushrooms after rain, each claiming to do something better than any other product. Specialized tools emerge one after another, and niche tools also appear in abundance. Consumers are told that choice is freedom, customization is power, and the future belongs to those who break traditional monopolies. Then, quietly yet inevitably, the pendulum begins to swing back. Not because of specialization...

Original author: sysls Original translation: AididiaoJP, Foresight News Preface Many people criticize hedge funds for their low returns, but they are actually making a conceptual error. Saying that hedge funds "cannot beat the market" is like comparing the speed of a boat and a car, and then complaining that the boat is slow on the highway; it is completely the wrong comparison. Buying the S&P 500 index (which is the market factor) costs about 0.09% per year. The annual fee rate for top hedge funds is between 5%-8% (2/20 fee structure plus various expenses). The cost difference reaches 50-80 times. If the two...

For a startup, finding the right channels for the product means that success is already half achieved.

The year 2025 will be a tale of two extremes for Phantom: on one hand, there will be rapid breakthroughs at the user and product levels, while on the other hand, its market share in trading volume will be significantly eroded by exchange-related wallets.

This centralized destruction is one of the key nodes that can significantly change the medium to long-term expectations of WBS.

Trading is no longer going in circles, with mainnet confirmation in seconds.

From quantum defense to kernel reconstruction, the top ten technological upheavals ranked by impact.

Zhipu AI is aiming for a listing on the Hong Kong Stock Exchange with a valuation of 24.377 billion yuan. As the largest independent large model company in China, its technological strength is globally leading, but high R&D investment has resulted in significant losses, testing the capital market's confidence in the long-term value of AI.

Author: Glendon, Techub News Last night, a report from Bloomberg sparked attention in the industry. As global major banks accelerate their layout in the cryptocurrency asset class, Wall Street giant JPMorgan Chase & Co. is considering offering cryptocurrency trading services to institutional clients. Sources revealed that the bank is evaluating what products and services its market department can provide to expand its influence in the cryptocurrency field, which may cover both spot and derivatives trading. Although a spokesperson for JPMorgan has not yet commented on the related news,

Editor's Note: The cryptocurrency market is still in a period of turbulent decline, with U.S. stocks and cryptocurrency concept stocks once again showcasing a "tale of two cities"—on one side, the steadily rising U.S. stock index market, and on the other, the continuously falling cryptocurrency concept stocks. Whether represented by DAT financial companies like Strategy, Bitmine, and Sharplink, or by cryptocurrency mining companies like IREN, Riot, and Cleanspark, last week's stock performance was unsatisfactory. Among cryptocurrency mining companies, only Hut8 saw its stock price rise by about 15% due to a $7 billion large order. A...

Original / Odaily Planet Daily (@OdailyChina) Author / Wenser (@wenser2010) As 2025 comes to a close, Coinbase is taking action again, this time targeting the hot prediction market sector. Last night, Coinbase announced it will acquire the prediction market startup The Clearing Company. The company was founded by former employees of Kalshi and Polymarket and has previously received investment from Coinbase...

Written by: Frank, PANews The year 2025 will be a dramatic and watershed year for the public chain track in the crypto world. If 2024 is the "carnival night" where various new public chains compete for attention with high airdrop expectations and grand narratives, then 2025 will be the "wake-up call" after the carnival. As the tide recedes and liquidity tightens, the real data that was once masked by the facade of prosperity begins to surface. We see a "tale of two extremes": on one side, there is a general halving of secondary market prices and a significant slowdown in TVL growth,

Original author: KarenZ, Foresight News The U.S. Commodity Futures Trading Commission (CFTC) has officially welcomed its new leader. According to a statement released by the CFTC on December 22, 2025, Michael Selig Sworn was officially sworn in on that day, becoming the 16th chairman in the agency's history. Background of the appointment Michael Selig Sworn was nominated by U.S. President Trump on October 27, 2025, and was confirmed on December...