As DeFi progresses far enough, the structural contradictions between protocols and products, teams and communities will emerge.

This research report will systematically break down the principles of AI training paradigms and reinforcement learning technology, demonstrate the structural advantages of reinforcement learning × Web3, and analyze projects such as Prime Intellect, Gensyn, Nous Research, Gradient, Grail, and Fraction AI.

The development logic of Digital Asset Treasury (DAT) by the end of 2025 still makes it one of the most noteworthy corporate behaviors in the cryptocurrency industry. An increasing number of enterprises are choosing to incorporate digital assets into their balance sheets. This behavior is no longer just a passive participation in market trends but is an attempt to transform digital assets into strategic resources that can be utilized in the long term. As the market environment and regulatory expectations gradually change, the DAT industry is undergoing structural optimization and capability selection, with its core value shifting from mere asset holding to the execution of corporate strategy...

After paying attention to prediction markets, I increasingly find that they are quite similar to binary options in many ways. Although they are not exactly the same, from a certain perspective, prediction markets can be seen as an extended form of binary options.

On one side is the modernization and upgrading of infrastructure, while on the other side is innovation in terms of ownership.

Written by: Jocy, Founder of IOSG This is a fundamental shift in market structure, while most people are still viewing the new era through the lens of old cycle logic. In the 2025 crypto market review, we see a paradigm shift from retail speculation to institutional allocation, with core data showing institutional holdings at 24%, and retail exiting at 66% — the turnover in the 2025 crypto market is complete. Forget about the four-year cycle; the institutional era of the crypto market has new rules! Let me break down the truth behind this "worst year" using data and logic. 1/ First, let's look at the table.

The market lacks hot topics, and meme themes are being brought up again.

Exploring the new infrastructure of trust in the autonomous agent economy.

Trading does not guarantee periodic victories; a poor decision can ruin an entire career in an instant.

Original | Odaily Planet Daily (@OdailyChina) Author | Ethan (@ethanzhang_web3) As the year comes to a close, the question of who will hold the "master key" of global liquidity—the Federal Reserve Chair's scepter—has become the most anticipated suspense of the year. Months ago, when the benchmark interest rate finally ended its long pause with its first cut, the market was once certain that Christopher Waller was the chosen one (recommended reading "The Academic's Comeback, Small Town Professor Waller Becomes...

Organized: Cora As an international financial center, Hong Kong is accelerating its embrace of a digital future. Cutting-edge technologies such as blockchain, Web3, and AI are deeply colliding with capital and policy here, giving rise to a unique innovation ecosystem. From Web3 summits to AI technology competitions, Hong Kong is building a bridge connecting traditional finance and the digital economy with an open attitude, attracting global innovators to gather here. Therefore, we have specifically compiled noteworthy events in the cryptocurrency field in Hong Kong for January, which will open a window for you to the future of Web3. Theme: Cyberport Creative Micro

Core Summary (In Brief) CoinEx's "2025 Annual Report" points out that the cryptocurrency market is undergoing a profound structural transformation. The traditional "four-year halving cycle" is gradually collapsing under the continuous intervention of institutional capital. The spot Bitcoin ETF has transformed BTC into a part of standardized asset allocation**, evolving it from a highly volatile speculative target into an asset with macro reserve properties. This report systematically analyzes the market's transition from "retail speculation-driven" to "institution-led ecology" and addresses asset allocation for 2026...

With the rapid evolution of quantum computing technology, the Bitcoin cracking issue is said to be reduced to merely an "engineering challenge," a conclusion that has sparked divisions within the community. Meanwhile, many current crypto projects have begun to prepare in advance, actively exploring and deploying solutions to defend against quantum attacks.