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XRP News Today: MAS Broadens Ripple’s License, Strengthening Singapore’s Role as a Blockchain Payments Center
XRP News Today: MAS Broadens Ripple’s License, Strengthening Singapore’s Role as a Blockchain Payments Center

- Ripple secures expanded Singapore license to offer end-to-end crypto payment services using XRP and RLUSD, solidifying the city-state as a blockchain innovation hub. - The MAS-approved platform enables financial institutions to streamline cross-border transactions through Ripple's infrastructure, reducing costs and entry barriers. - Despite short-term XRP price declines, Ripple's regulated model highlights Singapore's balanced approach to fostering fintech growth while maintaining oversight. - The expans

Bitget-RWA·2025/12/01 11:36
Infrastructure-Focused Industrial Property Sees Growing Traction in Upstate New York
Infrastructure-Focused Industrial Property Sees Growing Traction in Upstate New York

- Upstate NY's industrial real estate is transforming via infrastructure grants and public-private partnerships, exemplified by Webster's $9.8M FAST NY-funded 300-acre brownfield-to-industrial-hub conversion. - Strategic upgrades in Webster reduced industrial vacancy to 2%, attracting $650M private investments like fairlife® dairy plant and creating 250 jobs while boosting residential property values by 10.1% annually since 2020. - The "bluefield" model blending manufacturing with residential/commercial zo

Bitget-RWA·2025/12/01 11:36
Trump’s cryptocurrency-supported nominee has become the leading choice for the Fed, igniting discussions over policy direction
Trump’s cryptocurrency-supported nominee has become the leading choice for the Fed, igniting discussions over policy direction

- Prediction markets favor Kevin Hassett, Trump's crypto-aligned adviser, as top candidate to replace Jerome Powell as Fed Chair by May 2026. - Polymarket gives Hassett 57% odds, leveraging his dovish stance on rate cuts and deep ties to cryptocurrency sectors through Coinbase and One River Digital. - His $1M Coinbase stock holdings and advocacy for crypto-friendly regulation align with Trump's pro-market agenda, potentially accelerating rate cuts and digital asset policies. - Markets price 85% chance of f

Bitget-RWA·2025/12/01 11:22
Hassett’s Nomination to the Fed Signals Clearer Crypto Regulations and a More Accommodative Monetary Approach
Hassett’s Nomination to the Fed Signals Clearer Crypto Regulations and a More Accommodative Monetary Approach

- Kevin Hassett, pro-crypto White House economist, leads Fed chair odds at 57% on Polymarket, signaling potential dovish policy shifts. - His $1–$5M Coinbase investment and advocacy for rate cuts position him as a crypto-friendly catalyst for looser monetary conditions. - Critics warn of regulatory conflicts due to his ties to crypto firms, while proponents highlight his "regulatory Bible" work for digital assets. - A Hassett-led Fed could accelerate institutional crypto adoption, contrasting with Christop

Bitget-RWA·2025/12/01 11:22
Bitcoin Updates: Bitcoin’s Constraints Drive Altcoin Growth in Efficiency and Functionality
Bitcoin Updates: Bitcoin’s Constraints Drive Altcoin Growth in Efficiency and Functionality

- Crypto investors shift focus from Bitcoin to altcoins addressing scalability and utility gaps, with Bitcoin Hyper (HYPER) raising $28.8M via presale as a Layer-2 solution combining Bitcoin security and Solana speed. - XRP sees record $289M ETP inflows amid renewed interest, while OracleX's POC-based stablecoin ecosystem aims to stabilize prediction markets through staking incentives and deflationary mechanisms. - Privacy coins like Monero face regulatory challenges despite technical innovations, contrast

Bitget-RWA·2025/12/01 11:22
Infrastructure-Focused Property and Economic Growth in Webster, NY
Infrastructure-Focused Property and Economic Growth in Webster, NY

- Webster , NY, is transforming a 300-acre Xerox brownfield into a $1B industrial hub via $9.8M FAST NY grants and $283M state investments, prioritizing infrastructure upgrades. - The NEAT project reduced industrial vacancy to 2% and boosted residential property values by 10.1% annually, leveraging public-private partnerships like the $650M fairlife® dairy plant. - Environmental remediation and mixed-use zoning (500 housing units, 200K sq ft commercial) align with national trends, attracting 3PL providers

Bitget-RWA·2025/12/01 11:20
Sanctions Prove Counterproductive Amid North Korea's Growing AI-Powered Cyber Military Threat
Sanctions Prove Counterproductive Amid North Korea's Growing AI-Powered Cyber Military Threat

- North Korea enhances AI capabilities using smuggled NVIDIA GPUs, enabling advanced cyberattacks and military surveillance systems. - Smuggling networks bypass U.S. sanctions, allowing AI-driven cryptocurrency theft ($172M lost in 2025) and deepfake operations. - Kim Jong Un's AI-equipped drones and collaborations with Russia/China accelerate military modernization and surveillance automation. - Export controls paradoxically boost black-market GPU demand, complicating global efforts to curb North Korea's

Bitget-RWA·2025/12/01 11:04
Legacy code weakness leads to $9 million DeFi theft, highlighting the industry's security gaps
Legacy code weakness leads to $9 million DeFi theft, highlighting the industry's security gaps

- Yearn Finance lost $9 million in 2025 after a hacker exploited a legacy yETH pool vulnerability to mint infinite tokens and drain liquidity. - The attack used self-destructing contracts to obscure traces, stealing $3 million via Tornado Cash while $6 million remained in the attacker's wallet. - Yearn halted the affected pool and pledged to audit pre-2023 contracts, highlighting risks from outdated smart contract logic in DeFi protocols. - The breach occurred amid a $127 million sector-wide hacking trend

Bitget-RWA·2025/12/01 11:04
Flash
12:32
The Democratic Republic of the Congo plans to train more than 20,000 mine security personnel
According to Golden Ten Data on June 26, the government of the Democratic Republic of the Congo (DRC) is in talks with a private company to train over 20,000 armed security personnel to protect the country's mining areas, in a bid to improve the reputation of the local mining industry. According to the head of the General Mining Inspectorate, these security personnel will protect large commercial mining areas, help regulate artisanal miners who use rudimentary tools, and enhance the traceability of mineral exports. The official did not specify the name of the private training company. This new force will eventually replace all police and soldiers currently stationed at mining and processing sites. The DRC holds some of the world's largest deposits of copper, cobalt, tin, tantalum, gold, lithium, and zinc. However, individual miners (sometimes protected by soldiers) often conduct illegal mining activities, including within licensed sites owned by international investors. Minerals are also often smuggled out of the country, especially from the conflict-affected eastern regions. Chief Mining Inspector Raphael Kabengele said in an interview in the mining hub of Lubumbashi last week that things are progressing smoothly. Consensus has been reached on principle issues. A decree authorizing the creation of this force should be issued soon.
12:29
Analysis: Spending tightening impacts growth expectations of OpenAI and Anthropic, marking the beginning of a cost-efficiency era in the AI industry.
Odaily reports that as enterprises begin to reassess their AI investment returns, the industry is shifting from a "tokenmaxxing" high-consumption model to a focus on efficiency, with AI large model providers facing new growth constraints. Several companies have already started reducing or optimizing the cost of model calls. For example, Lindy CEO at an AI startup said that they have switched 100% of their traffic from Anthropic's Claude model to the more cost-effective DeepSeek, expecting to save millions of dollars in expenses within a few months. This shift reflects that enterprise AI budgets are tightening, and the previous "unlimited use of model resources" tokenmaxxing approach is gradually being replaced by cost control and ROI-focused strategies. Some companies have even set tiered budgets for AI tool usage; for instance, Uber has set a monthly limit for internal AI expenditures. Analysts point out that as enterprises move from "expanding usage" to "refined calling," the rapid growth models previously relied upon by OpenAI and Anthropic now face challenges. Industry data still shows strong growth: Anthropic’s annualized revenue is approximately at the $4.7 billion level, while OpenAI’s run rate is nearly $2.5 billion, but the market is beginning to focus on the sustainability of this growth. Meanwhile, methods for model calls are changing, with technologies like "model routing" emerging—using low-cost models to handle simple tasks instead of high-end models, in order to optimize overall computing power costs. Industry competition is also intensifying, as Microsoft, Amazon, and Google are all accelerating the launch of low-cost AI models and enterprise-grade tools, further compressing price ranges. In the context of more rational corporate AI spending, large model companies may face both "growth slowdown expectations" and "IPO window pressure." (CNBC)
12:20
Caixin Futures: The chemical sector continues to underperform as crude oil's low-level consolidation weighs on the energy chemical chain
⑴ The United States has exempted Iranian oil and petrochemical product exports, the strait is gradually being reopened, tensions continue to ease, and the market is expected to remain weak; international crude oil prices continue to fluctuate at low levels, with the domestic energy and chemical sector following suit, and the chemical sector expected to remain bearish.⑵ The US and Iran have confirmed the contents of the memorandum of understanding, with all parties finalizing a 60-day roadmap. The agreement will open the Strait of Hormuz and lift Iranian oil sanctions. Although there have been recent geopolitical fluctuations, overall, the situation is developing toward easing, and fuel oil is expected to perform weakly.⑶ In the asphalt sector, Shandong 70# heavy-duty asphalt prices are 4,400 yuan/ton, unchanged from the previous period; during the week, the operating rate of 77 domestic heavy-duty asphalt companies was 15.8%, an increase of 1.8% from the previous period. The total shipment volume of 54 domestic asphalt manufacturing enterprises was 167,000 tons, down 6.2% week-on-week. The total inventory of 54 domestic asphalt sample enterprises stood at 807,000 tons, an increase of 0.6% from May 22 and a year-on-year increase of 3.1%. The total inventory of 104 social warehouses for domestic asphalt was 1.135 million tons, a decrease of 3.3% from June 22 and a year-on-year decrease of 38.4%. Overall, the asphalt market is in a situation of both weak supply and demand. With the easing of the US-Iran situation in the mid-term, asphalt may continue to adjust weakly.⑷ In the glass sector, prices in the North China market remain basically stable, with some companies having good order deliveries, and industry participants mainly restocking at low prices. Current industry daily production is about 146,000 tons, and this week, float glass inventories reached 76.443 million heavy boxes, an increase of 450,000 heavy boxes (+0.59%) from the previous period and a year-on-year increase of 10.44%. The recently released "Three-Year Action Plan for Energy Conservation and Carbon Reduction in Key Industries" involves the glass industry, where technological renovation will raise industry costs and keep supply low, but demand expectations remain weak. Medium-term supply and demand pressure persists, and a short-term strong fluctuation is expected.⑸ The soda ash market lacks upward drivers, with prices consolidating at the bottom, downstream demand being lukewarm, and low-priced restocking occurring towards the end of the month. This week, the comprehensive capacity utilization rate for soda ash was 78.80%, compared to 81.03% last week, a decrease of 2.23%. On Thursday, total inventory at domestic soda ash producers was 1.7324 million tons, an increase of 6,000 tons (+0.35%) compared to Monday. Currently, the basis price offers are: Hebei warehouse delivery for 09-50, Shahe delivered for 09-10, and Inner Mongolia manufacturer offers for 09-290 to 300. Looking to the medium term, supply-side drivers and unchanged demand suggest that the market will continue to fluctuate at low levels in the short term.⑹ In the methanol market, spot prices in Taicang are 2,750 yuan/ton, and the North Line of Inner Mongolia is at 2,340 yuan/ton, down by 50. Methanol prices are showing mixed performance, with futures fluctuating slightly upward, port prices supported by tight liquidity, and the near-term basis has shown strength.
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