Author: 行政

Monero surpassed US$500 for the first time since 2021, marking a 20% weekly increase and nearing its previous all-time high of US$517.50. Investor interest is fueled by increased regulatory scrutiny and positive outlooks from firms like Grayscale and Coinbase, who view privacy coins as a major emerging market theme. Capital is shifting from Zcash to Monero because of leadership resignations and internal drama at the Electric Coin Company, making XMR the preferred choice for privacy-sector exposure. Monero (XMR) has surged past US$500 (AU$746) for the first time since 2021, rising over 20% in a week. The privacy coin rose more…

Vitalik Buterin identifies three main structural issues in decentralised stablecoins: USD dependence, vulnerable oracles, and destabilising staking yields. Past failures, such as the US$40 billion (AU$60.4 billion) TerraUSD collapse, highlight the risks of high yields and weak governance. Decentralised stablecoins remain a minor share of the market, with centralised options like Tether dominating the US$291 billion (AU$439 billion) sector. Ethereum co-founder Vitalik Buterin has emphasised the need for improved decentralised stablecoins, highlighting structural weaknesses that have persisted in the crypto sector. He identified three main challenges: overreliance on the US dollar, oracle designs vulnerable to capture, and competition created by…

For years, stablecoins have been crypto’s most useful invention and its most awkward dinner guest. Useful because they turn blockchains into 24/7 dollar rails, and awkward because while the promise is simple, securing trust rarely is.A digital token worth exactly a dollar sounds reassuring to non-crypto folk right up until someone asks where the dollars are.Now Wyoming wants to answer that question with the oldest credibility hack in America: a state seal.The Frontier Stable Token, $FRNT, is Wyoming’s new, dollar-redeemable stable token, issued under a statutory framework and overseen by the Wyoming Stable Token Commission. It’s also an overt political…

Grayscale has turned Ethereum’s staking yield into something ETF investors instantly recognize: a cash distribution.On Jan. 6, the Grayscale Ethereum Staking ETF (ETHE) paid around $0.083 per share, totaling $9.39 million, funded by staking rewards the fund earned on its ETH holdings and then sold for cash.The payout covered rewards generated from Oct. 6 through Dec. 31, 2025. Investors on record as of Jan. 5 received it, and ETHE traded ex-distribution on that record date, following the same calendar mechanics used across its stock and bond funds.It’s easy to shrug at this as a niche detail inside a niche product.…

A tax employee in Bobigny used internal software to compile dossiers on cryptocurrency specialists, billionaire Vincent Bolloré, prison guards, and a judge. She passed the information to criminals who paid €800 to attack a prison officer at home in Montreuil.Her appeal was rejected Jan. 6, as reported by local media.The case matters less for what happened than for how targets were selected. The newest vector isn’t Telegram doxxing or compromised exchanges. It’s privileged access to state identity systems that map names to addresses, phone numbers, and family structures with a single query.France’s National Police Inspectorate logged 93 investigations in 2024…

Two years ago, Bitcoin gained something it had chased for a long time: a place in the tradfi default menu.Plenty of people could get exposure to Bitcoin in 2023, as anyone with an exchange account and a tolerance for operational risk could click “buy.” Yet most capital in the US moves through brokerages, retirement accounts, advisory platforms, model portfolios, and compliance checklists.For that money, Bitcoin needed to arrive in a form that looked and felt like the rest of a portfolio.On Jan. 10, 2024, the SEC approved the listing and trading of spot Bitcoin exchange-traded products. A day later, the…

Banks are fighting stablecoin rewards to protect a secret $360 billion revenue machine.When Coinbase chief policy officer Faryar Shirzad posted a thread on Jan. 8 warning that stablecoin rewards “remain under debate” as Congress marks up market structure legislation, he attached numbers that banking groups would rather keep quiet.US banks earn $176 billion annually on roughly $3 trillion they park at the Federal Reserve, and they collect another $187 billion from card swipe fees, nearly $1,400 per household.That’s over $360 billion in revenue from payments and deposits alone, and stablecoins with competitive yields threaten both streams at once.The GENIUS Act,…

BlackRock is telling clients to stop looking at artificial intelligence as software and start treating it as energy.In its 2026 Global Outlook, the BlackRock Investment Institute argued that the AI buildout is pushing against physical limits and highlighted electricity as the constraint investors are underpricing.The report’s headline-grabber is its warning that AI-driven data centers could consume as much as 24% of US electricity by 2030, a scale that would reorder everything from utility capex to industrial siting.That kind of forecast lands with an obvious follow-on question in crypto: if grid access becomes the scarce asset, what happens to the industry…

Tokenized real-world assets reached $19.72 billion on Jan. 9, the closest the market has come to the $20 billion threshold.That figure measures distributed assets, which are tokens that circulate on-chain and can be transferred between user wallets. As a result, it excludes another $19.78 billion in active private credit loans, which are tracked as represented assets on-chain for recordkeeping but don’t enable open transfers.The distributed RWA market splits into three segments. US Treasuries and money market funds dominate, accounting for $8.86 billion in on-chain collateral. Tokenized commodities, led by gold, sit near $4 billion.The remainder, consisting of institutional funds at…

Stablecoins used to be a crypto convenience, a way to park dollars between trades without touching fiat. However, the industry has matured enough that BlackRock now treats them as foundational rails for the market.In its 2026 Global Outlook, the BlackRock Investment Institute argued that stablecoins are widening beyond exchanges and becoming integrated into mainstream payment systems. It also said they could expand in cross-border transfers and day-to-day use in emerging markets.That framing matters because it shifts the question investors ask, especially when it comes from a name as big as BlackRock.The point here isn’t whether stablecoins are good for crypto.…