Blockchain

In 2025, politics and the crypto world became deeply intertwined: from Trump launching the TRUMP meme coin and Bybit's largest hack in history, to a president hosting token holders at a banquet, insider trading suspicions ahead of tax hikes, and the controversy over CZ's pardon. Forbes examines these five major controversies, revealing how the crypto industry navigates the delicate balance between power, trust, and profit.

The article not only introduces the core concepts and product design of Limitless, but also delves into its token economics, market performance, supporters, and ecosystem.

The article not only details the three core on-chain registries of ERC-8004 but also explores its complementary relationship with the x402 protocol, as well as how these technologies enable trusted transactions for AI agents.

This article examines key practical initiatives within the x402 ecosystem that advance protocol adoption, such as Kite AI, Questflow, Crossmint, PayAI, and Daydreams. It offers a detailed analysis of how these projects build the payment infrastructure for the AI economy using core systems, payment gateways, and agent frameworks. x402 is establishing itself as a critical standard for autonomous AI payments as it transitions from concept to real-world application.

The article presents the features and challenges of both the compliance route (such as Kalshi) and the open route (such as Polymarket), while also examining advancements at the infrastructure layer.

The article not only covers strategy application and risk control points but also provides a comprehensive analysis of industry controversies and risks.

Dive into Polymarket’s explosive growth in 2025 and explore how it leverages blockchain-based prediction markets, regulatory adaptation, and user-driven innovation to reshape the landscape of information trading and speculation—while uncovering early investment opportunities in the new market cycle.

In Q3 2025, the NFT market posted $1.58 billion in trading volume across 18.1 million sales transactions. With speculative activity waning and infrastructure development surging, utility-driven assets have emerged as the primary growth engine. From low-cost minting to sports and ticketing solutions, and platforms mandating royalties, NFTs are transitioning from a collectibles-based economy to a utility-driven one, marking the start of a new era of practical applications.

As speculative sentiment declines in 2025, a distinct group of winners remains in the crypto market. Rather than trading coins or chasing market trends, these individuals consistently earn stable returns through arbitrage. This article, based on in-depth interviews with four arbitrage professionals, reveals the evolution of their strategies: from manual trading-based arbitrage to high-frequency quantitative trading, and from airdrop harvesting to cross-chain arbitrage. Their experiences demonstrate a more measured and pragmatic approach to achieving sustained success in the cryptocurrency industry.

The article notes that while the x402 protocol is currently gaining significant adoption, the ERC-8004 standard—its complement and potentially more impactful counterpart—is emerging. It analyzes the relationship between the two protocols: x402 addresses payment challenges for AI Agents, while ERC-8004 focuses on Agent identity, reputation, and verification. The article indicates that ERC-8004 may represent a foundational infrastructure opportunity for the next phase of the Agent Economy.

This article provides an in-depth analysis of how stablecoin systems are quietly becoming "narrow banks" within the financial landscape. Stablecoins absorb substantial fiat-pegged assets backed by U.S. Treasury bonds, and in doing so, they siphon capital from the traditional banking sector. The author describes this as a "liquidity black hole," emphasizing that the rapid growth of stablecoins could undermine banks’ credit creation processes and disrupt monetary policy transmission. This development introduces novel systemic risks that are transnational and blockchain-based, moving beyond conventional finance.

This article systematically reviews the current development of Web3 prediction markets. It provides an in-depth analysis of the technical architecture, business models, market dynamics, and compliance challenges of top platforms. As financial instruments leveraging collective intelligence to predict future events, prediction markets have experienced exponential growth in 2024 and 2025.

The article offers an in-depth analysis of Polymarket's technology and market performance, while also examining its potential for practical use cases including hedging, arbitrage, and liquidity provision.

This report highlights that as of August 2025, the global stablecoin market capitalization has reached $280 billion, with annual on-chain settlement volumes surpassing $30 trillion. Stablecoins are evolving from mere crypto trading instruments into global financial infrastructure. This explosive growth is driven by regulatory implementation and the entry of major enterprises. The enactment of the GENIUS Act, the Stablecoin Bill, and the MiCA Regulation mark the beginning of a “compliance grand era” for stablecoins. Their model has advanced into a “Peg + Yield + Application” triad, expanding across payments, yield generation, and real-world applications. At the same time, competition has shifted from “token battles” to “infrastructure battles,” with players such as Tether, Circle, Stripe, and Alchemy Pay building proprietary blockchains to capture dominance in payments and settlements.

This article systematically outlines three core trading categories that traders must master in 2025: incremental, convex, and specialized trading. The author provides an in-depth analysis of their respective risk-return structures, success probabilities, and occurrence frequencies, revealing a complete strategic spectrum ranging from steady compounding to high-risk breakthroughs. Whether you're a short-term operator or a long-term trend trader, this classification framework can help you identify your trading style while optimizing strategies and risk management.