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CEX

CEXs are platforms managed by centralized organizations that facilitate the trading of cryptocurrencies, offering high liquidity and user-friendly fiat on-ramps. Leaders like Binance, OKX, and Coinbase serve as the primary gateways for institutional and retail entry. In 2026, the industry focus is on Proof of Reserves (PoR), enhanced regulatory compliance, and hybrid models that offer self-custody options. This tag provides updates on exchange security, listings, and global market trends.

4237 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Monad airdrop "flips the table," testnet exploitation is dead.

Monad airdrop "flips the table," testnet exploitation is dead.

Author: Hu Tao, ChainCatcher Yesterday, the highly anticipated Layer 1 public chain Monad token MON was officially launched. It briefly fell below the cost price for public offering users, and its FDV is currently hovering in the range of $3-3.5 billion. This is not only lower than the mainstream market capitalization prediction of $8 billion on Polymarket, but also far lower than the valuation of $15 billion in the earliest Pre-TGE market. This is not only a heavy blow to the Layer 1 narrative, but also a tragic milestone for the "plucking" group. Previously, Monad, valued at $3 billion, became the highest-valued unissued Layer 1 cryptocurrency on the market, and was highly anticipated by airdrop hunters. Its testnet had accumulated over 300 million interactive addresses, and many studios were using millions of addresses to register Monad addresses. At the end of October, Monad officially opened airdrop queries, but unexpectedly excluded all testnet interactive addresses from the airdrop. The logic of those who exploit this loophole is that "sunshine distribution" is a common practice among many projects, and as long as they maintain a high frequency of interaction, they may be able to obtain token rewards ranging from a few dollars to tens of dollars, and the accumulated value of tokens from multiple addresses is still considerable. However, Monad's official team did not do what the massive group of loophole exploiters hoped for by excluding all testnet addresses from the airdrop. "All the addresses that interacted with the testnet were reverse-engineered, and participating in various NFTs was basically useless. The only ones who received Monad airdrops were some old addresses that had never interacted with Monads but had traded on Hyperliquid," Adu (pseudonym), the head of a Hangzhou-based arbitrage studio, told ChainCatcher. Monad quickly became the target of fierce criticism from many users who wanted to exploit freebies, but Modad officials remained unmoved. According to well-known KOL Feng Mi, the idea behind Monad's airdrop was to bind people with contributions, status, and potential to Monad, focusing on their identity and contributions, such as Monad ecosystem developers, heavy DeFi users, and high-quality NFT holders. The well-known alpha blogger Spark received 3 million Monad tokens in this airdrop, currently worth approximately $110,000. This wasn't due to his activity logs, but rather because he served as a modder for the Monad community for three years and established the Monad Chinese community. This was considered a substantial contribution by the Monad team, making it a key target for most project airdrops. For project teams, airdrops are significant in two ways: firstly, they reward long-term supporters, demonstrating their commitment to the community; secondly, they reward active participants and influencers in the surrounding ecosystem, attracting them to their own ecosystem through airdrop rewards. From Uniswap in its early days to thousands of projects such as Gitcoin, Arbitrum, Scroll, Berachain, and Aster, airdrops have become an essential way for project teams to attract users. During this period, the standards for airdrops have been constantly forking and evolving. Some projects emphasize a equitable approach, being quite generous to those who participate in the interaction and exploit the airdrops. Other projects, however, have established strict rules for interaction on the testnet/mainnet, implementing rigorous witch screening based on a points system. This time, Monad has completely abandoned testnet interaction users, or rather, retail users. “If retail investors are neglected for a long time, the network will become too elitist in its early stages, losing a broad community base. Bitcoin, Ethereum, Solana, and BSC all relied on a group of seemingly insignificant small retail investors in their early days; they brought network effects and community vitality,” Feng Mi said on X. He believes that Monad should provide grassroots retail investors with a space to grow gradually, even if only a little, so that more people can truly become part of the MON network community. Zhui Feng believes that those who exploit loopholes not only contribute transaction fees, data, and traffic to the project, but also serve a significant promotional purpose. He thinks these individuals deserve some incentive. "Monad's actions were extremely ill-considered, shaking the very foundation of trust in the industry," IceFrog also tweeted. However, from the perspective of the project team, they need to formulate the airdrop strategy based on the long-term development needs of the project. "Airdrop hunters have no loyalty. They will sell the airdrops as soon as they receive them and then run to the next project to collect airdrops. For the project, this only creates selling pressure and has no long-term benefits. Is it necessary to send airdrops to them in this situation?" An anonymous KOL described airdrop hunters as "parasites" in the crypto ecosystem. The author, "Master Tu'ao," also believes that the industry's airdrop logic is changing. "Previously, when CEXs assessed a project's fundamentals, they focused heavily on the activity level of on-chain data and active user metrics. Projects needed popularity during their initial launch. So for a long time, project teams tacitly approved of, and even reached an agreement with, the 'you come here to collect 'freebies' to help me get listed on major exchanges, and I'll airdrop some to you in return; we'd all share the profits. But now, CEX listings no longer look at on-chain data and users, because everyone knows these figures are heavily inflated," Master Tu'ao tweeted. The logic of business is ruthless. With the on-chain data bubble becoming increasingly severe and the selling pressure from airdrop hunters negatively impacting the price trends of many projects, Monad's choice has its rationale. However, this is destined not to be the choice of most projects. As a public chain project heavily invested in by capital, Monad still has many cards to play. Its technical strength and the potential explosive power of its ecosystem applications could bring it a large number of community users. But for most projects, they are essentially marketing projects and must rely on airdrops to gain attention and market popularity. In the long run, airdrops remain a significant source of value for the crypto industry, but the logic and targets of airdrops are undergoing profound changes. "The Monad airdrop results essentially signal the collapse of the 'black market' logic for exploiting cryptocurrencies on the testnet; it's highly likely that no one will be farming on the testnet anymore in the future," said the "Master Brother from Australia." In fact, many KOLs had anticipated Monad's "table-flipping" move. KOLs like Tu'ao Master, Icefrog, and Chasing Wind had already openly stated they wouldn't participate in Monad interactions. It's understood that top KOLs will focus more on more diverse markets such as "talking and arbitrage," while also concentrating on selecting high-quality projects like Polymarket to build premium accounts. Furthermore, several studios interviewed indicated that their revenue was lower than last year and also below expectations. "The key is to find an area where you have an advantage, such as low labor costs, advanced technology, keen investment research to discover early-stage projects, or influential KOLs to talk to. It's quite difficult to obtain substantial profits by simply following the crowd and trying to make money," A-Du said. With the market capitalization of leading projects like Monad falling significantly below market expectations, and many projects locking up airdropped tokens for extended periods after TGE, the status of "freebie hunters" in the project's profit-sharing ecosystem has declined further, and the value of their acquired tokens has continued to shrink. The logic of winning through sheer volume of freebies is no longer sustainable. "So, the golden age for novice retail investors to profit by providing labor to enter the primary market at low prices is indeed over. The door had actually been closing for a long time, and Monad's airdrop was just closing the last crack," sighed the senior member from Australia.

Author: PANews

2025/11/26

Ourbit announces completion of CODE Travel Rule compliance integration, marking a new phase towards global regulatory standards.

Ourbit announces completion of CODE Travel Rule compliance integration, marking a new phase towards global regulatory standards.

Ourbit, a rapidly growing global cryptocurrency exchange, today announced the completion of its technical integration with CODE Travel Rule and its membership in the CODE Travel Rule Alliance. This milestone marks a significant step forward for Ourbit in building a secure, transparent, and compliant global trading environment. Through this integration, Ourbit has fully complied with the requirements of the Korean Travel Rule and is aligned with the international standards developed by the FATF (Financial Action Task Force) for Virtual Asset Service Providers (VASPs). This further strengthens Ourbit's long-standing commitment to anti-money laundering (AML) and counter-terrorism financing (CTF). For Ourbit, compliance has never been just about meeting regulatory requirements; it's the foundation for protecting users and building a sustainable global platform. Joining the CODE Travel Rule alliance allows Ourbit to better align with international regulatory frameworks while continuing to provide a simple and seamless trading experience for users worldwide. Cross-platform compliant transfer capabilities, powerfully driven by CODE. The CODE Travel Rule solution enables Ourbit to securely exchange necessary originator and beneficiary information with other VASPs (Virtual Asset Service Providers) within the alliance to meet FATF Travel Rule requirements. This means that when users transfer virtual assets between Ourbit and other platforms that access CODE, the relevant compliance data will be transmitted in a standardized, encrypted, and automated manner without human intervention. With the help of CODE, Ourbit can: Implement cross-platform compliant transfers that comply with Korean and FATF standards. Reduce operational risks and data inconsistencies through unified protocols. Join a regulated and trusted VASP network to jointly promote the long-term healthy development of the industry. Safe, transparent, and compliant—effortlessly reliable without imperceptible to users. For users, this integration improves security, rather than making it more difficult to use. Travel rule verification and data transmission are both completed automatically in the background. Users can deposit and withdraw funds freely as usual. A stronger compliance system can effectively reduce risks associated with illicit funds, account misuse, and policy uncertainty. Ourbit is committed to making compliance "seamless yet effective." Users don't need to understand regulatory provisions; they can simply feel that their assets are safer, the platform is more trustworthy, and the experience is smoother. Deepen investment in technology, risk control, and anti-money laundering system construction. Joining the CODE Travel Rule alliance is part of Ourbit's continued increased investment in security and risk control, including: Advanced monitoring and analysis system: Real-time identification of suspicious behavior, prevention of fraud, hacking, and illicit financial flows. Professional AML and Compliance Team: Continuously communicate and collaborate with regulatory agencies and partners. Continuously strengthen the internal control system: covering core aspects such as KYC, sanctions list screening, and transaction monitoring framework. These investments ensure that Ourbit not only keeps pace with regulatory developments but also continues to lead the industry in security and compliance capabilities. Long-term strategy to drive global compliance For Ourbit, compliance is at the heart of its globalization strategy, not a short-term task. This integration is just one important step in Ourbit’s efforts to build a globally interoperable compliance framework, enabling the platform to adapt more quickly and robustly to the evolving regulatory environments in South Korea, Asia, Europe, and other regions. By aligning with FATF Travel Rule standards and partnering with leading compliance solutions such as CODE, Ourbit is: Laying a sustainable foundation for long-term cross-border business expansion Build stronger trust with regulators, institutional partners, and users. Demonstrating the sense of responsibility and compliance commitment expected of a global trading platform. As global regulatory systems mature, exchanges that proactively build infrastructure and compliance capabilities will have a greater long-term competitive advantage. Ourbit will continue to expand its global compliance footprint and deepen collaboration with leading industry partners to create a safer, more transparent trading platform with a superior user experience. About Ourbit Ourbit is a SuperCEX (Super Centralized Exchange) – built and operated by Degens. The team comprises seasoned professionals from top trading platforms and is deeply involved in popular ecosystems such as SPX6900, Harry Potter, Obama, Sonic10, and Inu. Ourbit boasts top-tier memecoin liquidity and continuously launches early trading pairs for high-potential assets, while also offering contract trading with leverage up to 400x, providing the Degen community with a strong impetus to pursue their "million-dollar memecoin dream".

Author: PANews

2025/11/26

The stablecoin market is undergoing a transformation following the crash: a massive migration of billions of dollars as funds move away from leverage and embrace real returns.

The stablecoin market is undergoing a transformation following the crash: a massive migration of billions of dollars as funds move away from leverage and embrace real returns.

Author: Frank, PANews The market crash on October 11 not only broke through the price defenses of crypto assets, but also triggered a massive migration of billions of dollars in the stablecoin sector. Data shows that since October, the total market capitalization of stablecoins has shrunk from $308.7 billion to $302.8 billion, with nearly $6 billion leaving the market. In this ebb tide, the leading compliant stablecoin, USDC, was hit hardest, with its supply on the Solana chain experiencing a precipitous drop. Meanwhile, USDe, previously a rising star in stablecoins, also saw a significant decrease in issuance due to the liquidation of revolving loan leverage. However, this is not simply a capital flight, but a brutal competition. When we peel back the layers of the data, we find that this is a shift from "speculation" to "rationality." Capital is flowing from the high-leverage on-chain gaming arena to safe havens with stronger compliance, smoother fiat currency channels, and real RWA returns. The "double whammy" of the Solana ecosystem and USDC In this wave of market capitalization decline, USDC has become the biggest "bleeding point." Data shows that USDC accounted for half of the nearly $6 billion outflow, with its total market capitalization falling from $76.3 billion to $73.5 billion, a decrease of $2.8 billion. The decline in USDC is mainly due to a 18.24% decrease in USDC issuance on the Solana chain over the past month. On October 11, the total amount of USDC issued on the Solana chain was approximately $12.8 billion, but by November 23, it had dropped to $8.7 billion, a reduction of 4.1 billion USDC. During the same period, the total value of funds (TVL) on the Solana chain also decreased from $12.9 billion to $8.79 billion, a drop similar to that of USDC's supply. Top-ranked DeFi protocols on Solana also experienced significant declines in TVL during this phase. From this perspective, after the market crash on October 11th, a large amount of capital on the Solana chain chose to directly redeem stablecoins to mitigate market risk. Taking Pump.fun as an example, according to on-chain analyst Yu Jin, in the past week, the Pump.fun project team transferred 405 million USDC to Kraken. Then, during the same period, 466 million USDC were transferred from Kraken to Circle, which likely represents a withdrawal. This money came from Pump.fun's private sale of PUMPs to institutional investors in June. However, Pump.fun co-founder Sapijiju responded, stating, "This is completely false information; Pump.fun has never cashed out," and that this was simply a fund management operation. Solana wasn't the only one experiencing a liquidity crisis. Hyperliquid, known for its highly leveraged derivatives trading, also saw its stablecoin issuance drop from $6 billion to $4.4 billion, a 25% decrease. This comprehensive contraction directly impacted Circle's performance on the US stock market. Hit by both poor revenue expectations and a sharp decline in USDC supply, Circle's stock price plummeted from a high of $240 to below its IPO price, falling to $71.3. The once-promising "compliant stablecoin unicorn" myth seems to be facing its first crisis since its IPO. USDe Crisis and Sui's Stablecoin Data Gaffe If the decline of USDC is a cyclical deleveraging, then the crisis of USDe exposes the structural vulnerability of algorithmic stablecoins in a bear market. Since October 10th, the supply of USDe has halved from $14.6 billion to $7.38 billion, and its price on Binance briefly de-pegged to $0.65 due to a short-term lack of liquidity. The main reason for this de-pegging was the mass withdrawal of liquidity providers from centralized exchanges during the panic, resulting in extremely thin order books. Meanwhile, although USDe's official redemption mechanism functioned normally, its off-exchange settlement process had a delay of several hours. This delay prevented arbitrageurs from quickly profiting during the brief flash crash, thus failing to pull the discount on the CEX back to the $1 peg, amplifying the de-pegging magnitude. The sharp drop in issuance was actually due to the market crash causing a dramatic fall in funding rates for perpetual contracts, even turning negative. This rendered the "revolving loan" leverage strategy, widely deployed on lending platforms like Aave and Morpho, economically unsustainable. With yields below borrowing costs, traders were forced to deleverage and liquidate positions on a massive scale, leading to a contraction in USDe supply. Afterwards, OKX CEO Star stated on the X platform: "USDe should not be viewed as a stablecoin pegged 1:1 to the US dollar; it is a tokenized hedge fund." Even though Ethena set a record high of $151 million in fees captured in Q3 of this year, it couldn't withstand the loss of market confidence caused by the sharp decline in yields. While USDe yields have now rebounded to above 5%, overall supply and trading volume are both declining. Amidst extreme market anxiety and a thirst for the next growth driver, a data blunder involving the Sui blockchain became an unexpected incident. On November 24th, Artemis data showed that the stablecoin supply on the Sui chain had increased by $2.4 billion. Social media users speculated that this might indicate certain institutions or "smart money" were actively deploying assets on the Sui chain. Even the official Sui team engaged in the discussion, replying with "stablesmaxxing" (stablecoin maxed out). However, PANews' investigation revealed that this may have been a misunderstanding. After careful comparison of multiple data dashboards, USDC is indeed the most issued stablecoin on Sui, with a current market capitalization of approximately $480 million. Other stablecoins on Sui have issuances in the tens of millions of dollars. According to Defillama data, the current total supply of stablecoins in the Sui ecosystem is approximately $653 million. If $2.5 billion were to flow in or be issued in a single day, it would mean that the stablecoin supply on Sui would increase by about four times. On-chain information also shows that the issuance of USDC on Sui is $482 million, with the largest holding address being the Binance exchange, holding approximately 148 million coins. Subsequently, Artemis updated this data, showing that the stablecoin supply on Sui has increased by $117 million in the past seven days. A new direction for risk aversion: embracing returns. After funds are withdrawn from high-risk areas, they do not disappear completely, but flow to safer and more functional assets. During the market downturn, USDT once again proved its dominance as the top stablecoin, with its total market capitalization not only remaining unaffected but also repeatedly breaking new records, reaching $184.7 billion. In contrast to the decline of USDC, other compliant stablecoins have seen significant growth. Since the market crash on October 11, the issuance of PYUSD has bucked the trend, increasing from $2.5 billion to $3.6 billion, a growth of nearly 50%. Among public blockchains, PYUSD's growth is mainly attributed to the growth of the Ethereum mainnet, which has increased by 57% in the past month. Data released by Token Terminal on November 9th shows that PYUSD has become one of the fastest-growing tokenized assets with a market capitalization exceeding $1 billion. Compared to other stablecoins, PYUSD's core advantages likely lie in its convenient fiat currency exchange channels and relatively stable yield. PYUSD previously maintained an APY of over 10% on the Solana blockchain through subsidized yields. Furthermore, PYUSD's compliance is also a key factor considered by many institutional investors. Furthermore, the issuance of USYC, another yield-generating stablecoin issued by Circle, has also increased by 45% in the past month, with a total issuance increase of approximately $500 million. This indicates that during periods of market turmoil, institutional investors are no longer satisfied with holding zero-interest cash or willing to take on the high risks of DeFi, but instead prefer the stable returns of RWA tokens pegged to US Treasury bonds. Data from RWA.xyz also shows that the recent issuance of RWA assets has not been affected by the market downturn and continues to grow steadily. It increased by 10%, from $33 billion on October 11th to $36 billion. A period of market turmoil has served as a litmus test for the stablecoin market. It has not only allowed the market to distinguish which stablecoins are primarily used for high-leverage trading and which are used as investment targets for large institutions, but it also reflects that the crypto market has officially bid farewell to the "wild west" era of solely relying on on-chain leverage to drive growth. Conversely, the counter-trend breakout of PYUSD and the steady growth of RWA assets prove that funds are starting to vote with their feet. In turbulent times, more convenient fiat currency channels, more transparent compliance backing, and real returns based on US Treasury bonds are the core competitive advantages for retaining funds. The outflow of $6 billion may offer us a glimpse into the next phase of the stablecoin war. It's no longer a race to print money, but a contest of scenarios, trust, and the quality of underlying assets. For issuers, the only ticket to the next bull market will be evolving from "fuel" for on-chain speculation to a "bridge" in financial and trade processes.

Author: PANews

2025/11/26

What Is Bitcoin? Is Bitcoin a Good Investment in 2025?

What Is Bitcoin? Is Bitcoin a Good Investment in 2025?

If you’ve been researching the crypto industry and crypto investments, you must have come across Bitcoin in your search. Bitcoin is the first cryptocurrency and most traded digital currency that powers peer-to-peer transactions without intermediaries (such as traditional banks). Over time, Bitcoin has become increasingly popular, and user adoption has encouraged more investors to consider investing in BTC. If you’re on this boat, it is only right that you understand the ins and outs of the crypto industry before investing. Therefore, this article covers what Bitcoin is and how it works, its history, use cases, and Bitcoin mining. Additionally, we will show you how to buy BTC and the risks and challenges accompanying Bitcoin investments. What is Bitcoin and How Does it Work? Bitcoin is a decentralized digital currency that operates on a peer-to-peer network without a central authority. It works using a public distributed ledger called the blockchain, which records Bitcoin transactions in chronological order. Each transaction is validated by a network of computers (nodes) through cryptographic proof, preventing fraud. The blockchain is composed of blocks, each containing a batch of verified transactions and a cryptographic hash linking it to the previous block, forming a secure chain. To add a block to the blockchain, a process called mining occurs, in which specialized computers solve complex computational puzzles (proof-of-work). Mining not only confirms transactions but also secures the network and rewards miners with new bitcoins. However, over the years, Bitcoin mining has become more expensive. This is due to the significant increase in the network’s computational power (hashrate) and the resulting energy consumption. The hashrate nearly doubled recently, leading to more machines competing to mine fewer new Bitcoins. One of the reasons for this is Bitcoin’s halving events, which reduce the block reward over time. Hence, miners must run more powerful hardware to solve complex cryptographic puzzles, and this requires more electricity.  Currently, mining a single Bitcoin consumes about 854,400 kilowatt-hours of electricity, which is equivalent to the annual power use of over 81 US households. The total electricity used to mine Bitcoin daily is immense, accounting for additional overhead such as cooling and infrastructure inefficiencies. This surge in energy demand drives up operational costs, with electricity accounting for 60-80% of miners’ expenses. As a result, smaller, less efficient miners are pushed out, with mining concentrating among large-scale operations that have access to cheap or renewable energy sources. Who Created Bitcoin? Bitcoin was created by an individual or group using the pseudonym Satoshi Nakamoto. Nakamoto introduced Bitcoin to the world in a 2008 whitepaper titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” which described the concept of a decentralized digital currency operating without central authority. The History and Evolution of Bitcoin Bitcoin’s history began in 2008, when an anonymous person or group, using the pseudonym Satoshi Nakamoto, published a white paper describing the network and its operation. After this, the Bitcoin network was launched on January 3, 2009, when Nakamoto mined the genesis block. This was the first block on the Bitcoin blockchain, and it had an embedded message referencing the financial crisis and symbolizing a new vision for decentralized finance. The first Bitcoin transaction occurred later in 2009, when Nakamoto sent 10 Bitcoins to computer scientist Hal Finney. In 2010, Bitcoin gained real-world value when a user bought two pizzas for 10,000 BTC. This event is now celebrated annually as Bitcoin Pizza Day. The following years saw the rise of exchanges like Mt. Gox, which played a crucial role in Bitcoin’s early adoption. Although the exchange eventually collapsed due to hacks. Bitcoin evolved from a niche digital currency into a widely recognized financial technology. Over the years, it has led to the creation of thousands of alternative cryptocurrencies (altcoins) and hundreds of blockchain-based projects. Bitcoin’s Role in Shaping the Cryptocurrency Industry Bitcoin has played, and continues to play, a foundational role in shaping the entire cryptocurrency industry. It introduced the concept of a decentralized virtual currency based on blockchain technology. Bitcoin set the standard for security, transparency, and decentralization that many other cryptocurrencies now replicate or improve upon. In fact, Bitcoin’s market dominance influences altcoin prices and trading volumes. Many investors use it as a benchmark or gateway into the crypto market. The Technology of Bitcoin’s Blockchain The technology behind Bitcoin’s blockchain is a decentralized, public ledger maintained by a P2P network of computers, called nodes. Here is a breakdown of the technology behind Bitcoin’s blockchain and why encryption is an invaluable part of the ecosystem. Blockchain Bitcoin’s blockchain operates without a central authority. It relies on a proof-of-work (PoW) mechanism to secure the network and prevent double-spending. To add new blocks, miners compete to solve computationally difficult cryptographic puzzles. The first miner to find a valid solution earns the right to add a new block of transactions to the blockchain.  This process confirms transactions and rewards miners with new Bitcoin, creating an incentive encouraging miners to continue securing the network. The network automatically adjusts the mining difficulty roughly every two weeks to ensure that new blocks are added at a steady pace, regardless of the total mining power. For transactions, Bitcoin uses elliptic curve cryptography (ECC) to generate private–public key pairs. This allows users to prove ownership and securely sign transactions. The transactions follow the UTXO model, where each transaction consumes previous outputs and creates new ones. With this, every coin can be traced back through the chain. Because full nodes store the entire blockchain from the genesis block onward, every transaction in Bitcoin’s history remains publicly verifiable. This preserves the network’s transparency, security, and immutability. Encryption Blockchain technology relies heavily on encryption to ensure the security, integrity, and privacy of data stored and exchanged within it. Encryption transforms data into an unreadable format to protect it from unauthorized access. There are two key ways encryption is applied in blockchain: Hash Functions: Blockchain uses cryptographic hash functions, such as SHA-256 in Bitcoin, to convert data into fixed-length, irreversible hash values. These hash values link blocks together in a chain, ensuring immutability. So any change in a block would alter its hash and break the chain. This protects data integrity and prevents tampering across the blockchain. Public Key Cryptography: Blockchain employs asymmetric encryption, where each user has a public and private key pair. The public key acts as the receiving address, while the private key signs and authorizes asset transfers. Digital signatures verify transaction authenticity and ensure only the rightful owner can spend the assets. These encryption techniques used by blockchain secure transactions and data communication. They also help maintain the trustless and decentralized nature of blockchain, and enable encryption of sensitive on-chain data. What Is Bitcoin Used For? Bitcoin is a major part of the decentralized ecosystem, offering many use cases that other altcoins draw inspiration from. Some of Bitcoin’s use cases include: Peer-to-Peer Payments: Bitcoin enables direct electronic payments between people anywhere in the world without the need for intermediaries like banks, allowing fast, borderless, and currency conversion–free transactions. Investment and Speculation: Many people buy and hold Bitcoin as a long-term investment or trade it for profit on cryptocurrency exchanges, viewing it as a hedge against traditional financial markets. Crowdfunding: Bitcoin enables global crowdfunding without third-party involvement, allowing projects to raise funding from worldwide supporters without currency conversion. Online Gambling: Some gambling platforms, especially crypto gambling sites, accept Bitcoin for deposits and withdrawals, offering faster, cheaper, and more private transactions. Purchasing Goods and Services: Businesses across industries accept Bitcoin payments, enabling customers to buy products and services quickly and cheaply, regardless of location. Remittances: Bitcoin enables sending money across borders more efficiently and cheaply than traditional remittance services. What Is Bitcoin Mining and How Does It Work? Bitcoin mining is the process by which new bitcoins are introduced into circulation and transactions are verified and added to the blockchain. Miners use powerful computers to solve complex cryptographic puzzles, known as proof-of-work, which involve finding a hash that meets specific criteria. When a miner successfully solves these puzzles, they validate a new block of transactions, add it to the blockchain, and are rewarded with newly minted bitcoins and transaction fees. This process supports the network’s security and integrity by preventing fraud and maintaining transparency. However, Bitcoin mining is not generally accessible due to the high costs. Mining BTC requires specialized hardware, such as ASICs (application-specific integrated circuits), which perform the SHA-256 hashing algorithm to rapidly generate and test potential solutions. The process is competitive, with miners worldwide competing to solve the puzzle first. The decentralized nature of mining ensures no central authority controls the Bitcoin network. Meanwhile, the issuance of new bitcoins follows a halving schedule that reduces block rewards approximately every four years to control inflation. How Do You Buy Bitcoin?  For crypto investors who aren’t miners or don’t have access to mining hardware, the way to own BTC is to buy it. Follow these straightforward steps to buy Bitcoin. Choose a Wallet: Decide which type of wallet you will use to store your Bitcoin. You can choose a software or hardware wallet if you prefer to store your BTC offline. Select a Crypto Exchange: Choose a reputable crypto trading platform or exchange that supports Bitcoin transactions based on fees, security, and user experience. You can opt for either centralized (CEXs) or decentralized crypto exchanges (DEXs), depending on your trading goals and requirements. Create an Account: Sign up on the chosen exchange by providing personal information and completing KYC verification (especially for CEXs), including uploading a government-issued ID and possibly proof of address. Deposit Funds: Add fiat currency to your exchange account using supported payment methods such as bank transfer, credit/debit card, or e-wallet. You can also fund your account by transferring Bitcoin from another wallet if you already have one. Place an Order: Go to the trading section, select Bitcoin trading pair (e.g., BTC/USD or BTC/USDT), choose order type (market order for immediate purchase or limit order to specify a price), enter the amount, and confirm the purchase. Aside from this process, many exchanges offer P2P marketplaces, where traders can buy BTC directly from other investors using local payment methods. All you have to do is create your account and navigate to the P2P Trading section, then select an ad and add details of your trade to proceed. How to Store Bitcoin Safely To store and use Bitcoin safely, the key is choosing the right type of wallet and following security best practices. Here’s how to go about it: Hardware Wallets: These are crypto wallets that store BTC offline. These wallets offer the highest security for long-term storage by keeping private keys offline. Examples include Ledger Nano X, Trezor Model T, and Tangem Wallet. They are highly resistant to hacking, malware, and phishing attacks because private keys never leave the device.​ Cold/Offline Wallets: Similar to hardware wallets, these are fully offline (e.g., paper wallets or hardware devices) and ideal for storing large amounts of Bitcoin over the long term.​ Even exchanges use these types of wallets to store the majority of user financial assets, safeguarding them from security breaches. Hot Wallets: Hot or software wallets are connected to the internet, making them suitable for frequent financial transactions but more vulnerable to security threats. Examples include non-custodial wallets such as Trust Wallet and Metamask.​ Setting up these wallets is easy; here is a detailed guide to setting up a MetaMask wallet. Custodial Wallets: These wallets are centralized exchanges that enable traders to buy, hold, trade, and sell Bitcoin, with the platform acting as an intermediary. They are convenient, but they require users to trust the provider for security and transparency.​ Is Bitcoin a Good Investment? Bitcoin can be a good investment in 2025. The cryptocurrency has shown consistent price increases over the years, hitting an all-time high of $126,198.07 in October 2025. Seeing the steady growth over the past decade, many analysts and investors remain optimistic about Bitcoin’s potential. Therefore, predicting significant price increases in the next few years. However, Bitcoin is highly volatile, and its price can decline sharply. For instance, the all-time high status from October didn’t last long as the price of BTC dipped to 89,000 the following month. So if you’re considering investing in Bitcoin, prepare for potential volatility and treat it as a long-term investment rather than a quick profit vehicle. Risks and Challenges of Investing in Bitcoin While there are many advantages to investing in BTC, it also carries associated risks and challenges, which we’ve highlighted below. High Volatility: Bitcoin prices are highly volatile, with large price swings that can lead to significant financial losses if investors sell during downturns. This volatility is higher than that of traditional assets like stocks, bonds, or gold, requiring a long-term perspective and a high risk tolerance.​ Security Concerns: Risks from wallet hacks, fraudulent schemes, exchange vulnerabilities, and crypto theft are increasing by the day as scammers find new and advanced ways to access investors’ (both individuals and institutions) accounts, wiping out their balances. Market Manipulation: Bitcoin prices can be influenced by whales (large holders) and coordinated market moves, leading to unpredictable price shifts and potential manipulation.​ Complexity and Fees: Buying, storing, and securing Bitcoin requires some technical knowledge. Fees on exchanges and transaction costs can be higher than those of traditional financial services.​ Uncertain Long-Term Status: Despite growing adoption and strong use cases, it is unclear whether Bitcoin will maintain its current position or be supplanted by other technologies or regulatory changes in the next 10–15 years. Bitcoin and the Future of Cryptocurrency Experts predict Bitcoin has strong growth potential over the next decade, with many forecasts ranging from $150,000 to over $500,000 by 2030, depending on adoption and macroeconomic conditions.​ Mass adoption of Bitcoin and other cryptocurrencies is also expected to skyrocket. Primarily due to increased use cases such as payments, remittances, and decentralized finance (DeFi) services. These newer projects are supported by improvements in scalability, privacy, and user experience.  Additionally, many countries accept crypto as a legal tender and part of a national reserve strategy. For instance, President Donald Trump announced a Strategic Reserve that includes SOL, XRP, ETH, BTC, and more assets earlier in 2025. Trump’s executive order reflects a shift in official policy towards embracing crypto assets at a strategic level. This can influence market sentiment, regulatory clarity, and infrastructure development in the cryptocurrency space. In all these, challenges lie ahead, including regulatory scrutiny, innovation from competing blockchains, and scalability and energy consumption concerns. Conclusion Bitcoin has transformed various industries. It has improved cross-border payment processing and provided individuals and institutions with opportunities to store, buy, sell, and exchange digital assets.If you are considering investing in BTC, first understand the technology behind it. Then learn how to buy and trade easily and determine whether you have sufficient capital to buy a substantial amount. If your trading capital is insufficient, consider investing in other altcoins to boost your profits. FAQs What Makes Bitcoin a New Kind of Money?Bitcoin is considered a new kind of money due to decentralization, fixed supply and scarcity, P2P payments, transparency, and immutability. Unlike traditional money, Bitcoin operates on a decentralized network of thousands of nodes worldwide, removing the need for central authority. How Much is 1 Bitcoin in US Dollars?At the time of writing, 1 Bitcoin (BTC) is trading at approximately $89,800 USD. This reflects the latest market data, but Bitcoin’s price is highly volatile and can change rapidly within short time frames. What Happens if You Invest $100 in Bitcoin Today?Since one Bitcoin is currently trading at $89,800 USD, investing $100 would give you approximately 0.001113 Bitcoin. This means you own roughly 0.1113% of one Bitcoin for your $100 investment at that price. Future gains or losses depend on Bitcoin’s price movement from that point, but your initial allocation is based on that ratio. Can You Convert Bitcoin Into Cash?Yes, you can convert Bitcoin into cash through several channels, including crypto exchanges, Bitcoin ATMs, P2P platforms/marketplaces, and debit/credit cards via third-party payment processors. The post What Is Bitcoin? Is Bitcoin a Good Investment in 2025? appeared first on NFT Plazas.

Author: Coinstats

2025/11/26

New UAE Law Sparks DeFi And Web3 Regulation Shift

New UAE Law Sparks DeFi And Web3 Regulation Shift

The post New UAE Law Sparks DeFi And Web3 Regulation Shift appeared on BitcoinEthereumNews.com. A new financial law in the United Arab Emirates is set to bring decentralized finance (DeFi) and the broader Web3 industry under regulatory parameters, signaling an important shift for the industry. The UAE’s new central bank law, Federal Decree Law No. 6 of 2025, introduces “one of the most consequential regulatory shifts” for the crypto industry in the region, Irina Heaver, a local crypto lawyer and founder of NeosLegal, told Cointelegraph. “It brings protocols, DeFi platforms, middleware, and even infrastructure providers into scope if they enable activities such as payments, exchange, lending, custody, or investment services,” Heaver said. According to the lawyer, industry projects building or operating in the UAE should treat this as a pivotal regulatory milestone and align their systems before the September 2026 transition deadline. “We’re just code” is no longer a defense Issued in the Official Gazette and legally effective since Sept. 16, 2025, the UAE’s Federal Decree Law No. 6 is a central bank law that regulates financial institutions, insurance business as well as digital asset-related activities. Its key provisions, Article 61 and Article 62, provide a list of activities that require a license from the Central Bank of the UAE (CBUAE), including crypto payments and digital stored value. “Article 62 states that any person who carries on, offers, issues, or facilitates a licensed financial activity ‘through any means, medium, or technology’ falls under the regulatory perimeter of the CBUAE,” Heaver said. An excerpt from the UAE’s Federal Decree Law No. 6. Source: CBUAE In practice, this means DeFi projects can no longer avoid regulation by claiming they are “just code,” the lawyer said, adding that the argument of “decentralization” does not exempt a protocol from compliance. Protocols that support stablecoins, real-world assets (RWA), decentralized exchange (DEX) functions, bridges, or liquidity routing “may require a…

Author: BitcoinEthereumNews

2025/11/26

Ethereum at Key Levels: Breaking $3,000 Could Trigger $794M in CEX Short Liquidations; Dropping Below $2,850 May Cause $426M in CEX Long Liquidations

Ethereum at Key Levels: Breaking $3,000 Could Trigger $794M in CEX Short Liquidations; Dropping Below $2,850 May Cause $426M in CEX Long Liquidations

The post Ethereum at Key Levels: Breaking $3,000 Could Trigger $794M in CEX Short Liquidations; Dropping Below $2,850 May Cause $426M in CEX Long Liquidations appeared on BitcoinEthereumNews.com. COINOTAG, citing Coinglass data, flags potential liquidity pressure around Ethereum price thresholds. If ETH clears $3,000, the aggregate short liquidation on major CEXs could reach roughly $794 million, signaling a liquidity-driven risk of a sharp move. On the flip side, a breach below $2,850 could unleash about $426 million in long liquidation across mainstream exchanges, highlighting asymmetric risk to the downside. COINOTAG notes that the liquidation chart’s bars reflect relative intensity among clusters, not exact contract counts or liquidated value; higher bars indicate a stronger price reaction when such levels are reached, i.e., a potential liquidity cascade. Traders should monitor these thresholds as part of risk-management strategies given the probability of rapid moves around stated levels, reinforcing the need for disciplined position sizing and stop placement. Source: https://en.coinotag.com/breakingnews/ethereum-at-key-levels-breaking-3000-could-trigger-794m-in-cex-short-liquidations-dropping-below-2850-may-cause-426m-in-cex-long-liquidations

Author: BitcoinEthereumNews

2025/11/26

Galaxy Digital Explores Polymarket, Kalshi Partnerships as Liquidity Provider: Report

Galaxy Digital Explores Polymarket, Kalshi Partnerships as Liquidity Provider: Report

The post Galaxy Digital Explores Polymarket, Kalshi Partnerships as Liquidity Provider: Report appeared on BitcoinEthereumNews.com. Galaxy Digital explores market-making partnerships with Polymarket and Kalshi platforms. Novogratz confirms firm testing small-scale liquidity provision on prediction markets. Institutional traders enter prediction space as regulatory barriers decline over time. Galaxy Digital is exploring partnerships with prediction market platforms Polymarket and Kalshi to serve as a liquidity provider, according to a Bloomberg report. The firm’s CEO, Mike Novogratz, confirmed the company is testing market-making operations in the sector. Novogratz told media that Galaxy Digital is currently conducting small-scale experiments with market-making on prediction platforms. He added that the firm plans to eventually provide liquidity across these markets at a larger scale. Galaxy Tests Market-Making Infrastructure The investment management firm would step in to buy and sell prediction contracts, adding market depth similar to its operations on crypto exchanges. This approach could help reduce costs for users by tightening spreads and improving order execution. Prediction markets allow users to trade yes or no contracts, with prices showing the probability of specific outcomes. Polymarket and Kalshi have processed approximately $42.4 billion in combined trading volume across their platforms. Kalshi has surpassed Polymarket in monthly volume since September. The CFTC-regulated platform gained ground after Polymarket was ordered to withdraw from the U.S. market in 2022. However, Polymarket’s acquisition of QCEX earlier this year enabled its return to American users. Institutional Firms Enter Prediction Market Space The lack of arbitrage traders in prediction markets has created price gaps between platforms. Contracts for Kevin Hasset to become Federal Reserve Chair currently trade at $0.35 on Kalshi and $0.14 on Polymarket, according to recent data. Kalshi brought on Susquehanna as its first major institutional market maker in 2024. Bloomberg also reported that Jump Trading began providing liquidity for the platform earlier this month. These firms previously helped establish infrastructure for crypto market liquidity before 2016.…

Author: BitcoinEthereumNews

2025/11/26

Lighter CEO on ‘democratizing finance’ with a zero-fee, ZK perp DEX

Lighter CEO on ‘democratizing finance’ with a zero-fee, ZK perp DEX

CEO Vladimir Novakovski explains the infrastructure powering the perp DEX, and why Lighter opted for a zero-fee structure for retail users.

Author: The Block

2025/11/26

Solana ETFs’ Inflow Streak Is Underappreciated: Co-Founder

Solana ETFs’ Inflow Streak Is Underappreciated: Co-Founder

The post Solana ETFs’ Inflow Streak Is Underappreciated: Co-Founder appeared on BitcoinEthereumNews.com. Key Highlights Solana’s co-founder, Raj Gokal, has mentioned the ongoing streak of positive inflows of Solana ETFs, saying that it is “greatly underappreciated” SOL ETFs have witnessed a 20-day streak of positive inflows, which resulted in total net inflows of $568 million Despite impressive inflows, SOL is still facing a downward trend amid the turmoil in the cryptocurrency market Solana’s co-founder, Raj Gokal, has shared a post on X (formerly Twitter), where he stated that “the unbroken streak of daily inflows to the Solana ETF (topped off by a record day of inflows) is greatly under appreciated.” the unbroken streak of daily inflows to the solana etf (topped off by a record day of inflows) is greatly under appreciated. thank you for your attention to this matter https://t.co/8ItbDL85JO — raj 🖤 (@rajgokal) November 25, 2025 Solana ETFs Make Strong Debut Since the launch of the first Solana ETF on October 28, Bitwise’s BSOL, these new ETPs have maintained a positive inflow streak, thanks to their growing institutional demand. Apart from this, the approval of Bitwise’s Solana ETF has sparked a new wave of approval for Solana ETFs. After this, Fidelity, VanEck, and 21Shares have also launched their SOL ETFs after receiving approval from the Securities and Exchange Commission.     From day one, these exchange-traded funds have drawn the attention of investors as they managed to attract new capital for 20 consecutive days through November 25. This constant inflow of money into SOL ETFs resulted in total net inflows of $568 million.  (Source: Farside on X) Among all ETFs, Bitwise’s BSOL ETF has achieved a top spot in the leaderboard after capturing over 89% of all inflows with $483.6 million in assets. Its success largely comes from its industry-low fee of 0.20% and a unique offer of staking rewards that provide investors…

Author: BitcoinEthereumNews

2025/11/26

Surviving the Meme Apocalypse: Key Factors Behind Memecoin Longevity — Spotlight on BAMBITZ

Surviving the Meme Apocalypse: Key Factors Behind Memecoin Longevity — Spotlight on BAMBITZ

Surviving the Meme Apocalypse: Key Factors Behind Memecoin Longevity — Spotlight on BAMBITZSurviving the meme coin apocalypse, being amongst the

Author: Medium

2025/11/24

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