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The 8th Anniversary of TRON: From an Office in Zhongguancun to a Legendary Global Web3 Core Infrastructure
The 8th Anniversary of TRON: From an Office in Zhongguancun to a Legendary Global Web3 Core Infrastructure

A milestone of eight years of growth marks the beginning of a new era. TRON has now become foundational infrastructure for global financial settlement.

BlockBeats·2025/09/25 17:14
Token allocation causes controversy: The once-popular fascia gun hamster game "Hamster Kombat" has still managed to offend players.
Token allocation causes controversy: The once-popular fascia gun hamster game "Hamster Kombat" has still managed to offend players.

Hamster Kombat, a click-to-earn game based on Telegram, has attracted significant attention. However, as the first season ends, players have begun accusing the team of unfair treatment and false promises. The game excluded 2.3 million players from the token distribution for cheating, which has sparked controversy. Experts warn that the token may face selling pressure. With its large-scale token distribution plan and user statistics, the game is expected to achieve the largest airdrop in the crypto space. Players will receive their allocated tokens this week, and trading will be available on major exchanges. However, due to the large user base, each player may receive fewer tokens than anticipated.

MarsBit·2025/09/25 17:06
Google’s Secret Weapon for AI? A Bitcoin Mining Company
Google’s Secret Weapon for AI? A Bitcoin Mining Company

Google secured a 5.4% stake in Cipher Mining through a $3B deal supporting AI-ready data centers in Texas. The move highlights the AI-crypto convergence, expanding Google’s presence in energy-intensive infrastructure and reshaping miners’ strategic growth.

BeInCrypto·2025/09/25 16:49
TESR FRA is live! Treehouse partners with FalconX to usher in a new era of Ethereum staking derivatives
TESR FRA is live! Treehouse partners with FalconX to usher in a new era of Ethereum staking derivatives

FalconX launches Ethereum Forward Rate Agreement (FRA).

ForesightNews·2025/09/25 16:32
Cryptocurrencies continue to plunge, Ethereum falls below the $4,000 mark, and bulls suffer massive liquidations!
Cryptocurrencies continue to plunge, Ethereum falls below the $4,000 mark, and bulls suffer massive liquidations!

Analysts warn that falling below $3,800 will trigger more liquidations.

ForesightNews·2025/09/25 16:31
Flash
19:52
Galaxy CEO: The Real Friction Point of the Crypto Market Structure Bill Lies with the Banks
Jinse Finance reported that Galaxy CEO Michael Novogratz pointed out the reasons for the slow progress of the cryptocurrency market structure bill. He said that both parties want to pass this bill, which in itself is not a problem. The real friction point lies with the banks—especially regarding stablecoins. Currently, large banks pay depositors almost zero interest (about 1-11 basis points), while deposits placed at the Federal Reserve can earn a yield of 3.5-4%. The emergence of stablecoins threatens this interest rate spread. If consumers can earn yields elsewhere, deposits will shift—and banks’ profits will decrease. That’s why this is such an intense lobbying battle. If stablecoins are allowed to compete, banks will either lose deposits or have to pay consumers more. This is the trade-off that legislators are working hard to balance. So yes, it is indeed a contest between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). But ultimately, it’s about who can control the economic benefits of your funds. That’s why this bill is harder to pass than it appears.
18:46
Stablecoin mechanisms make US dollar risk native to cryptocurrencies
Jinse Finance reported that research by the Bank for International Settlements shows that stablecoins are closely related to the pricing dynamics of safe assets. This means that term premium shocks are not just a matter of "macro sentiment"; they also affect the yield, demand, and on-chain liquidity conditions of stablecoins. When the term premium rises, the cost of holding for a period also increases, which may spill over into stablecoin reserve management and alter the liquidity of risk trades. While bitcoin may not directly replace government bonds, in its ecosystem, government bond pricing sets the "risk-free" benchmark.
18:15
Bloomberg analyst questions banks' concerns over stablecoin yields
Bloomberg ETF analyst James Seyffart stated on social media that banks' concerns about stablecoin yields are puzzling. There are already many high-yield savings accounts on the market with yields reaching 3% or even higher, such as Betterment, Marcus/Goldman, CIT, SoFi, AmEx, Wealthfront, etc. These accounts also put pressure on deposits with yields below 0%, similar to the impact of stablecoin yields.
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