Strait of Hormuz Blockade, Capital Warfare, Oil, and Bitcoin.

Just the day before, ChatGPT was sitting in that spot.

Short-term vs. Long-term, Execution, Data, and State.

Billing systems, arbitration mechanisms, credit systems, batch approvals, and cross-system interoperability. A new era of payments may very well begin here.

The pricing power of traditional exchanges is being eroded by crypto.

War often coincides with monetary easing, which can also serve as a crucial backdrop for driving up risk assets like Bitcoin.

The sound was still distant, so life could go on.

It took Paradigm three years to emerge from the ashes of FTX.

Four years after the LUNA crash, South Korea has found a new faith.

Doomsday theories are produced, and the anxious pay the price.

Jane Street's "track record" is far more extensive than we imagined.

The bots that will truly win in 2026 are not the fastest takers, but the best liquidity providers.

We still hold hope, but we cannot deny that reasons for pessimism are accumulating.

The breakthrough for crypto neo-banks may first appear in high-frequency, high-turnover value-added and lending scenarios, then gradually extend to payments and storage.

The topic itself has become a growth engine; this "feud" might be their most effective business strategy.